If you already have industry experience, then utilising Recognition of Prior Learning (RPL) to turn your existing skills into a nationally recognised qualification is an ideal way of achieving industry accreditation while broadening your career opportunities.
As this is not a course, you do not need to complete the units listed below. Instead, you simply need to prove that you’re competent in the units shown. Our Facilitators will help make this process as easy and smooth as possible for you.
Want to know if you’re eligible to obtain this qualification via Skills Recognition & RPL? Then why not start a Free Skills Review, and speak with an RPL Specialist to determine your eligibility. Take the initiative today. It only takes 3 minutes!
| RPL Cost | Traditional study cost | Your savings |
|---|---|---|
| $1,700 | $6,000 | $4,300 |
RPL cost includes all assessment services and issue of your nationally recognised qualification. Want to save a further $340 off this qualification? Contact us today to learn how! |
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Total number of units = 14
3 core units plus
11 elective units
The elective units consist of:
Of the remaining 6 units:
The elective units chosen must be relevant to the work outcome and meet local industry needs.
Core Units
FNSACC604 Monitor corporate governance activities
FNSINC601 Apply economic principles to work in the financial services industry
FNSINC602 Interpret and use financial statistics and tools
Elective Units
BSBFIA401 Prepare financial reports
FNSACC301 Process financial transactions and extract interim reports
FNSACC501 Provide financial and business performance information
FNSACC502 Prepare tax documentation for individuals**
FNSACC504* Prepare financial reports for corporate entities
FNSACC506 Implement and maintain internal control procedures
FNSACC507 Provide management accounting information
FNSACC601* Prepare and administer tax documentation for legal entities**
FNSACC602* Audit and report on financial systems and records
FNSACC603* Implement tax plans and evaluate tax obligations**
FNSACC605 Implement organisational improvement programs
FNSACC606* Conduct internal audit
FNSACC608* Evaluate organisation’s financial performance
FNSACC609* Evaluate financial risk
FNSACC610* Develop and implement financial strategies
FNSACC611 Implement an insolvency program
FNSACC612 Implement reconstruction plan
FNSACC613* Prepare and analyse management accounting information
FNSACC614* Prepare complex corporate financial reports
FNSFMK505 Comply with financial services legislation and industry codes of practice
FNSORG602 Develop and manage financial systems
FNSRSK602 Determine and manage risk exposure strategies
FNSTPB503 Apply legal principles in consumer and contract law***
FNSTPB504 Apply legal principles in corporations and trusts law***
FNSTPB505 Apply legal principles in property law***
*Note the following prerequisite unit requirements:
|
Unit in this qualification |
Prerequisite unit |
|
FNSACC504 Prepare financial reports for corporate entities |
BSBFIA401 Prepare financial reports FNSACC301 Process financial transactions and extract interim reports |
|
FNSACC601 Prepare and administer tax documentation for legal entities |
FNSACC502 Prepare tax documentation for individuals |
|
FNSACC602 Audit and report on financial systems and records |
FNSACC506 Implement and maintain internal control procedures |
|
FNSACC603 Implement tax plans and evaluate tax compliance |
FNSACC502 Prepare tax documentation for individuals |
|
FNSACC606 Conduct internal audit |
FNSACC506 Implement and maintain internal control procedures |
|
FNSACC608 Evaluate organisation’s financial performance |
FNSACC501 Provide financial and business performance information |
|
FNSACC609 Evaluate financial risk |
FNSACC501 Provide financial and business performance information |
|
FNSACC610 Develop and implement financial strategies |
FNSACC501 Provide financial and business performance information |
|
FNSACC613 Prepare and analyse management accounting information |
FNSACC507 Provide management accounting information |
|
FNSACC614 Prepare complex corporate financial reports |
FNSACC504 Prepare financial reports for corporate entities |
** Units included in the Tax Practitioners Board approved course in Australian taxation law:
FNSSS00008 Taxation law for tax agents Skill Set (Tax documentation) - FNSACC502 and FNSACC601
FNSSS00009 Taxation law for tax agents Skill Set (Tax plans) - FNSACC502 and FNSACC603
*** Units included in the Tax Practitioners Board approved course in commercial law: FNSSS00005 Commercial law for tax agents Skill Set
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements.
This qualification includes units that comprise an approved Tax Practitioner Board (TPB) course in Australian taxation law and commercial law. Persons seeking registration with the TPB should check current registration requirements with the Board.
Visit Get Qualified Australia’s Trade Licensing page for more information surrounding licensing
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Units of Competency
Entry Requirements
Licensing Information
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