FNS40215

This course is available to domestic students only.

Description

This qualification is designed to reflect the job roles of contract bookkeepers and employees performing bookkeeping tasks for organisations in a range of industries. It includes the preparation and lodgement of business and instalment activity statement tasks and the provision of advice or dealing with the Commissioner on behalf of a taxpayer in relation to the 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.

Persons providing a business activity statement (BAS) service must be registered by the Tax Practitioners Board and this qualification is currently cited as fulfilling the educational requirements for such registration. Other conditions apply including a designated period of experience. Persons seeking BAS agent registration should check the latest registration requirements with the Board as these are reviewed and updated regularly.

Delivery and Pathways

For a full-time study of 20 contact hours per week, it will take 9 calendar months to complete the course. On top of this 20 hours, you will have to invest between 10 to 15 hours per week of self-study. Please see below for details of the total learning volume hours of the course.

TOTAL VOLUME OF LEARNING

You are expected to spend between 30 to 35 hours per week studying for your course. Here is how the recommended hours are worked out.

TRAINING

• You will attend classes for 14 hours (2 days or 4 nights) per week.
• You will complete course work for 6 hours per week outside of class time. This is your structured self-study in which you follow a program planned and supported by your trainer. We monitor your completion of the course work.

This makes up a total of 20 contact hours per week.

SELF-STUDY

On top of the weekly training contact hours, you are expected to invest up to 15 hours per week on self-study such as

• preparing your lesson before classes,
• reviewing and consolidating your lesson after classes,
• reading references,
• doing research, etc.

This is recommended to make sure you understand your subjects more deeply and are ready for assessment.

ASSESSMENT

Every unit has assessment tasks. You may have to spend up to 20 hours per unit of competency, depending on the number of tasks and its level of difficulty. For example, you complete knowledge questions, assignments and practical demonstrations of skills.

Units of Competency

6 core units of competency

1. BSBFIA401 Prepare financial reports
2. BSBITU306 Design and produce business documents
3. FNSBKG401 Develop and implement policies and procedures relevant to bookkeeping activities
4. FNSBKG404 Carry out business activity and instalment activity statement tasks
5. FNSBKG405 Establish and maintain a payroll system
6. FNSINC401 Apply principles of professional practice to work in the financial services industry

7 elective units of competency

7. BSBFIA302 Process Payroll
8. FNSACC301 Process financial transactions and extract interim reports
9. FNSACC302 Administer Subsidiary accounts and ledgers
10. FNSACC404 Prepare financial statements for non-reporting entities
11. FNSACC406 Set up and operate a computerised accounting system
12. FNSBKG402 Establish and maintain a cash accounting system
13. FNSBKG403 Establish and maintain an accrual accounting system

Enrol

Contact the college for more information and to enrol in this course