Type of institution: Registered Training Organisation Level: Pre-degree CRICOS:
This qualification reflects the job roles of workers in the accounting industry, including BAS Agents and contract bookkeepers; and of those employees performing bookkeeping tasks for organisations in a range of industries. It includes preparing and lodging business and instalment activity statements, and providing advice or dealing with the Commissioner on behalf of a taxpayer in relation to activity statements. Individuals in these roles apply theoretical and specialist knowledge and skills to work autonomously, and exercise judgement in completing routine and non-routine activities.Licensing/Regulatory InformationWork functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on requirements.Persons providing a business activity statement (BAS) service for a fee or other reward must be registered by the Tax Practitioners Board (TPB) and this qualification is currently cited as meeting the TPB education requirements for registration. Other conditions apply, including a designated period of experience. Persons seeking BAS agent registration should check current registration requirements with the TPB, as registration requirements are reviewed regularly.
Structure
13 units: 8 core
5 elective
Subjects
Establish legal and risk management requirements of small business
Write simple documents
Manage personal work priorities and professional development
Prepare operational budgets
Implement customer service standards
Administer subsidiary accounts and ledgers
Process financial transactions and extract interim reports
Prepare financial reports to meet statutory requirements
Perform financial calculations
Produce job costing information
Process business tax requirements
Process salary packaging arrangements and additional allowances in payroll
Establish and maintain payroll systems
Interpret and apply knowledge of taxation systems relevant to payroll
Process complex employee terminations in payroll
Process superannuation payments in payroll
Plan small business finances
Deliver and monitor a service to customers
Develop and use complex spreadsheets
Make decisions in a legal context
Prepare financial forecasts and projections
Introduce cloud computing into business operations
Monitor and manage small business operations
Design and produce business documents
Maintain inventory records
Evaluate and authorise payment requests
Complete business activity and instalment activity statements
Prepare financial statements for non-reporting entities
Interpret and apply knowledge of industrial regulations relevant to payroll
Set up and operate a computerised accounting system
Work effectively in the accounting and bookkeeping industry
Prepare financial reports
Standard entry requirements
Nil.
Study information
Campus
Fees
Entry
Mid year intake
Attendance
Kirwan
No information available
No
No information available
Further information
Individuals providing a business activity statement (BAS) service must be registered by the Tax Practitioners Board. Other conditions apply including a designated period of experience. Individuals seeking BAS agent registration should check current registration requirements with the Board as this is reviewed regularly.