FNS30317 – Certificate III in Accounts Administration


Unit details: click on the unit code for more detail about each unit in this course.

BSBITU306 – Design and produce business documents

This unit describes the skills and knowledge required to design and produce various business documents and publications. It includes selecting and using a range of functions on a variety of computer applications.

It applies to individuals who possess fundamental skills in computer operations and keyboarding. They may exercise discretion and judgement using appropriate theoretical knowledge of document design and production to provide technical advice and support to a team.

Topics covered in this unit include:

  1. Select and prepare resources
  2. Design documents
  3. Produce documents
  4. Finalise documents

Unit Outcomes

Upon successful completion of this unit students will be able to design and proofread documents for readability, accuracy and consistency of language, style and layout prior to final output.

FNSACC304 – Conduct business activities using a computerised accounting system

This unit describes the skills and knowledge required to conduct business activities using a computerised accounting system. This work is conducted under supervision and encompasses entering information into the system, processing transactions in the system, and producing reports.

It applies to individuals who use specialised knowledge, information technology, and coordination skills when operating computerised accounting systems in the course of their business activities in service and trading environments.

Topics covered in this unit include:

  1. Obtain and enter data into computerised accounting system
  2. Process transactions in computerised accounting system
  3. Produce reports

Unit Outcomes

Upon successful completion of this unit students will be able to enter transactions and produce reports using Quickbooks Online.

BSBWRT301 – Write simple documents

This unit describes the skills and knowledge required to plan, draft and finalise a basic document.

It applies to individuals who apply a broad range of competencies in various work contexts and may exercise some discretion and judgement to produce a range of workplace documentation.

Topics covered in this unit include:

  1. Plan document
  2. Draft document
  3. Review document
  4. Write final document

Unit Outcomes

Upon successful completion of this unit students will be able to produce, proofread and edit basic documents, according to organisational requirements.

FNSINC301 – Work effectively in the financial services industry

This unit describes the skills and knowledge required to correctly interpret and apply industry and organisational procedures, guidelines, policies, ethical standards and sustainability requirements to day-to-day work in the financial services industry.

It applies to individuals with the fundamental skills required to work in the financial services industry and underpins other units used in all sectors of the industry.

Topics covered in this unit include:

  1. Work within industry guidelines, procedures and legislation
  2. Communicate in the workplace
  3. Work safely
  4. Use workplace technology
  5. Work in a team environment

Unit Outcomes

Upon successful completion of this unit students will be able to apply guidelines, procedures, legislation and codes of practice to financial services industry and work within a team.

FNSACM301 – Administer financial accounts

This unit describes the skills and knowledge required to correctly allocate payments, reconcile accounts and maintain customer details.

It applies to individuals who may work as part of a finance or accounting team in organisations.

Topics covered in this unit include:

  1. Allocate customer payments
  2. Reconcile accounts
  3. Maintain customer details

Unit outcomes

Upon successful completion of this unit students will be able to plan, organise and implement tasks according to organisational requirements.

FNSACM302 – Prepare, match and process receipts

This unit describes the skills and knowledge required when processing and storing accounts documentation.

It applies to individuals who may be required to work as part of a finance or accounting team.

Topics covered in this unit include:

  1. Receive, identify and record receipts
  2. Match receipts to documentation
  3. Enter data to systems
  4. File documentation

Unit Outcomes

Upon successful completion of this unit students will be to check and match receipts to source documentation, record receipts and file documents in accordance with organisational policy and procedures.

FNSACM303 – Process payment documentation

This unit describes the skills and knowledge required when processing payment facilities.

It applies to individuals who may work under supervision but have responsibility in ensuring the prompt and accurate processing of customer requests.

Topics covered in this unit include:

  1. Enter data to system
  2. Create payment facility
  3. Verify payments against documentation
  4. Effect payments
  5. File documentation

Unit Outcomes

Upon successful completion of this unit students will be to check and match payments to source documentation, record receipts and file documents in accordance with organisational policy and procedures.

FNSORG301 – Administer fixed asset register

This unit describes the skills and knowledge required to maintain a register of capital expenditure items.

It applies to individuals who operate under some supervision in asset control roles in organisations of various sizes.

Topics covered in this unit include:

  1. Reconcile asset register to general ledgers
  2. Recognise new assets and asset categories
  3. Prepare schedules and ad hoc reports

Unit Outcomes

Upon successful completion of this unit students will be to identify assests and asset categories, reconcile capital expenditure, and prepare ad hoc reports.

FNSACC311 – Process financial transactions and extract interim reports

This unit describes the skills and knowledge required to prepare and process routine financial documents, prepare journal entries, post journal entries to ledgers, prepare banking and reconcile financial receipts, and extract a trial balance and interim reports.

It applies to individuals who use specialised knowledge and follow agreed processes to carefully check and process detailed financial information to ensure standards are maintained.

Topics covered in this unit include:

  1. Check and verify supporting documentation
  2. Prepare and process banking and petty cash documents
  3. Prepare and process payable and received invoices
  4. Prepare journals
  5. Update financial data and systems
  6. Prepare deposit facility and lodge flows
  7. Finalise trial balance and interim reports

Lecture Notes

Upon successful completion of this unit students will be able to enter data into an accounting system, reconcile bank accounts and prepare a trial balance.

FNSACC312 – Administer subsidiary accounts and ledgers

This unit describes the skills and knowledge required to reconcile and monitor subsidiary accounts in financial accounts receivable systems, identify bad and doubtful debts and plan a recovery action, record creditor invoices, and remit payments to sundry creditors.

It applies to individuals who use specialised knowledge and follow agreed processes to problem solve within the scope of own responsibility.

Topics covered in this unit include:

  1. Review accounts receivable requirements
  2. Identify bad and doubtful debts
  3. Review client compliance with terms and conditions and plan recovery action
  4. Prepare reports and file documentation
  5. Distribute creditor invoices for authorisation
  6. Remit payments to creditors
  7. Reconcile outstanding balances

Unit Outcomes

Upon successful completion of this unit students will be to complete the accounts receivable and accounts payable cycles.

FNSACC313 – Perform financial calculations

This unit describes the skills and knowledge required to use a range of routine calculation methods and techniques when performing routine financial calculations and checking calculation outcomes.

It applies to individuals who use literacy and numeracy skills to perform routine computational tasks as part of their operational job role.

Topics covered in this unit include:

  1. Obtain data and resources for financial calculations
  2. Select suitable calculation methods and carry out financial calculations
  3. Check calculations and record outcomes

Unit Outcomes

Upon successful completion of this unit students will be to perform financial calculations using a calculator and spreadsheets.

FNS40217 Certificate IV in Accounting and Bookkeeping


Unit details: click on the unit code for more detail about each unit in this course.

 

BSBITU422 Use digital technologies to collaborate in the workplace

This unit describes the skills and knowledge required to understand the fundamentals of using digital technologies to collaborate in a workplace context, including working as part of a remote team. It involves undertaking a basic review of organisational processes to identify opportunities for using digital technologies to complete work tasks more efficiently and effectively.

It applies to individuals who use problem-solving skills and take responsibility for adopting and promoting approaches to improve organisational operations, particularly relating to the use of digital technologies.

Topics covered in this unit include:

  1. Review existing digital technology use in the business
  2. Identify opportunities to implement digital technologies
  3. Implement and use digital technologies to collaborate in the workplace

Unit Outcomes

Upon successful completion of this unit students will be able to develop a plan to introduce collaborative, digital technologies into the workplace.

FNSACC416 Set up and operate a computerised accounting system

This unit describes the skills and knowledge required to establish, operate, and modify an integrated computerised accounting system. This is generally under supervision and encompasses processing transactions in the system, maintaining the system, producing reports, and ensuring system integrity.

It applies to individuals who, within the scope of own responsibility, use specialised knowledge, information technology, and planning and organising skills to establish and maintain an organisational system in service and trading environments.

Topics covered in this unit include:

  1. Implement integrated accounting system
  2. Process transactions in system
  3. Maintain system
  4. Produce reports

Unit Outcomes

Upon successful completion of this unit students will be to setup a computerised accounting system using MYOB, maintain general ledger and subsidiary accounts, and produce reports.

BSBITU402 Develop and use complex spreadsheets

This unit describes the skills and knowledge required to use spreadsheet software to complete business tasks and produce complex documents.

It applies to individuals employed in a range of work environments who require skills in creation of complex spreadsheets to store and retrieve data. They may work as individuals providing administrative support within an enterprise, or may be independently responsible for designing and working with spreadsheets relevant to their own work roles.

Topics covered in this unit include:

  1. Prepare to develop spreadsheet
  2. Develop a linked spreadsheet solution
  3. Automate and standardise spreadsheet operation
  4. Use spreadsheets
  5. Represent numerical data in graphic form

Unit Outcomes

Upon successful completion of this unit students will be to develop, edit and use spreadsheet templates, create macros, link spreadsheets and create graphs.

FNSACC313 Perform financial calculations

This unit describes the skills and knowledge required to use a range of routine calculation methods and techniques when performing routine financial calculations and checking calculation outcomes.

It applies to individuals who use literacy and numeracy skills to perform routine computational tasks as part of their operational job role.

Topics covered in this unit include:

  1. Obtain data and resources for financial calculations
  2. Select suitable calculation methods and carry out financial calculations
  3. Check calculations and record outcomes

Unit Outcomes

Upon successful completion of this unit students will be to perform financial calculations to complete work requirements.

FNSACC311 Process financial transactions and extract interim reports

This unit describes the skills and knowledge required to prepare and process routine financial documents, prepare journal entries, post journal entries to ledgers, prepare banking and reconcile financial receipts, and extract a trial balance and interim reports.

It applies to individuals who use specialised knowledge and follow agreed processes to carefully check and process detailed financial information to ensure standards are maintained.

Topics covered in this unit include:

  1. Check and verify supporting documentation
  2. Prepare and process banking and petty cash documents
  3. Prepare and process payable and received invoices
  4. Prepare journals
  5. Update financial data and systems
  6. Prepare deposit facility and lodge flows
  7. Finalise trial balance and interim reports

Unit Outcomes

Upon successful completion of this unit students will be able to complete and post journals to the general ledger, and review trial balance and interim reports.

FNSACC312 Administer subsidiary accounts and ledgers

This unit describes the skills and knowledge required to reconcile and monitor subsidiary accounts in financial accounts receivable systems, identify bad and doubtful debts and plan a recovery action, record creditor invoices, and remit payments to sundry creditors.

It applies to individuals who use specialised knowledge and follow agreed processes to problem solve within the scope of own responsibility.

Topics covered in this unit include:

  1. Review accounts receivable requirements
  2. Identify bad and doubtful debts
  3. Review client compliance with terms and conditions and plan recovery action
  4. Prepare reports and file documentation
  5. Distribute creditor invoices for authorisation
  6. Remit payments to creditors
  7. Reconcile outstanding balances

Unit Outcomes

Upon successful completion of this unit students will be able to complete procedures to reconcile accounts receivable and accounts payable.

FNSACC405 Maintain inventory records

This unit describes the skills and knowledge required to comply with organisational inventory procedures, reconcile inventory records to general ledgers, record inventory flows, prepare schedules and produce ad hoc reports.

It applies to individuals who use specialised financial knowledge and follow procedures to ensure compliance with required standards.

Topics covered in this unit include:

  1. Process inventory purchase
  2. Record inventory flows
  3. Reconcile inventory records to general ledgers
  4. Prepare inventory schedules and ad hoc reports

Unit outcomes

Upon successful completion of this unit students will be able to process, maintain and reconcile inventory records and prepare reports using MYOB.

FNSACC412 Prepare operational budgets

This unit describes the skills and knowledge required to prepare and document operational budgets for a variety of organisations.

It applies to individuals who use specialised knowledge and systematic approaches to undertake strategic financial activity for an organisation.

Topics covered in this unit include:

  1. Prepare budget
  2. Set budget timeframe
  3. Document budget

Unit outcomes

Upon successful completion of this unit students will be able to prepare sales, revenue, operations and cash budgets, and understand the budgeting process.

BSBFIA401 Prepare Financial Reports

This unit describes skills and knowledge required to record general journal adjustment entries and to prepare end of period financial reports.

It applies to individuals employed in a range of work environments who are responsible for preparing financial reports. They may be individuals providing administrative support within an enterprise, or they might have responsibility for these tasks in relation to their own workgroup or role.

Topics covered in this unit include:

  1. Maintain an asset register
  2. Record general journal entries for balance day adjustments
  3. Prepare final general ledger accounts
  4. Prepare end of period financial reports

Unit Outcomes

Upon successful completion of this unit students will be able to prepare and interpret an Income Statement and Balance Sheet.

FNSACC408 Work effectively in the accounting and bookkeeping industry

This unit describes the skills and knowledge required to work autonomously and in teams to complete work activities relating to the provision of accounting and bookkeeping services.

It applies to individuals who occupy roles with some responsibility and use a range of research and organisational techniques to establish and carry out their work requirements in the accounting industry.

Topics covered in this unit include:

  1. Develop professional working relationships
  2. Identify compliance requirements and support materials
  3. Set up and maintain systems to meet compliance requirements
  4. Work autonomously or in a team to complete work activities
  5. Develop and maintain own competency

Unit outcomes

Upon successful completion of this unit students will be able to research legislative, statutory, regulatory and industry requirements for carrying out own work activities.

FNSACC411 Process business tax requirements

This unit describes the skills and knowledge required to maintain business taxation accounting records, and to process lodgements and returns according to Australian Taxation Office (ATO) requirements, excluding income tax. Documentation for business activity statements (BAS) must be authorised by a registered BAS agent.

It applies to individuals who use specialised knowledge and follow defined procedures to administer and process taxation-related information within the scope of own responsibility.

Topics covered in this unit include:

  1. Maintain accounting records for taxation purposes
  2. Establish and maintain process for managing business tax returns
  3. Process business tax returns and lodgements

Unit Outcomes

Upon successful completion of this unit students will be able to process accounting data to comply with taxation reporting requirements.

FNSTPB402 Establish and maintain payroll system

This unit describes the skills and knowledge required to record and prepare payroll documentation, respond to enquiries, and process payroll data for manual and computerised systems.

It applies to individuals, including BAS agents, who use a range of organisational and other specialist techniques. They may work directly for organisations or be small business owners, contractors or service providers.

Topics covered in this unit include:

  1. Establish payroll requirements
  2. Record payroll data
  3. Prepare and process payroll
  4. Handle payroll enquiries
  5. Maintain payroll

Unit Outcomes

Upon successful completion of this unit students will be to prepare and process payroll, respond to payroll enquiries, and meet legislative requirements.

FNSTPB401 Complete business activity and instalment activity statements

This unit describes the skills and knowledge required to identify and apply compliance requirements to effectively process and complete business activity statements (BAS), instalment activity statements (IAS), and other required reports.

It applies to individuals who use a range of organisational and analytical techniques to work in organisations or to supply specific bookkeeping services as a small business owner or contractor.

Topics covered in this unit include:

  1. Identify compliance and other requirements applicable to business activity
  2. Analyse and apply industry codes of conduct associated with work activities
  3. Review and apply Goods & Services Tax implications and code transactions
  4. Report on payroll activities and amounts withheld
  5. Reconcile and prepare activity statement
  6. Lodge activity statement

Unit Outcomes

Upon successful completion of this unit students will be to prepare and reconcile activity statement reports, and amend bookkeeping entries as required.

FNS50215 – Diploma of Accounting


Unit details: click on the unit code for more detail about each unit in this course.

BSBITU402 – Develop and use complex spreadsheets

This unit describes the skills and knowledge required to use spreadsheet software to complete business tasks and produce complex documents.

It applies to individuals employed in a range of work environments who require skills in creation of complex spreadsheets to store and retrieve data. They may work as individuals providing administrative support within an enterprise, or may be independently responsible for designing and working with spreadsheets relevant to their own work roles.

Topics covered in this unit include:

  1. Prepare to develop spreadsheet
  2. Develop a linked spreadsheet solution
  3. Automate and standardise spreadsheet operation
  4. Use spreadsheets
  5. Represent numerical data in graphic form

Unit Outcomes

Upon successful completion of this unit students will be able to create functional spreadsheets by entering data, importing and exporting data, using formula and creating graphs.

FNSACC505 – Establish and maintain accounting information systems

This unit describes the skills and knowledge required to identify and record system requirements, evaluate alternative systems and acceptance test systems, prepare system documentation, implement reporting systems and records, monitor systems and review reporting procedures.

It applies to experienced individuals who use specialised technical knowledge, systematic approaches and analytical skills to effectively establish an organisational system.

Topics covered in this unit include:

  1. Identify and record system requirements
  2. Evaluate alternative systems
  3. Evaluate acceptance test system
  4. Prepare system documentation
  5. Implement reporting systems and records
  6. Monitor reporting systems
  7. Review reporting procedures

Unit Outcomes

Upon successful completion of this unit students will be able to create, evaluate and monitor an accounting information system.

FNSACC506 – Implement and maintain internal control procedures

This unit describes the skills and knowledge required to review corporate governance requirements, implement operating procedures and monitor policy.

It applies to individuals who use specialised knowledge and analytical skills to ensure organisational policy, compliance and quality requirements are met

Topics covered in this unit include:

  1. Review corporate governance requirements
  2. Implement operating procedures
  3. Monitor policy

Unit Outcomes

Upon successful completion of this unit students will be able to develop and review internal control procedures to meet corporate governance requirements, and report on performance indicators.

FNSACC502 – Prepare tax documentation for individuals

This unit describes the skills and knowledge required to prepare non-complex income tax returns for individuals in accordance with statutory requirements, and encompasses gathering and verifying data, calculating taxable income and reviewing compliance requirements.

It applies to individuals who use systematic approaches and follow specific guidelines to ensure compliance requirements are met.

Topics covered in this unit include:

  1. Gather client data and verify client, organisational and legislative requirements
  2.  Identify, record and present client’s tax documentation
  3. Lodge tax documentation

Unit outcomes

Upon successful completion of this unit students will be able to prepare non complex tax documents and workpapers and understand the relevant legislative requirements.

FNSORG506 – Prepare financial forecasts and projections

This unit describes the skills and knowledge required to plan a financial forecast or projection, identify assumptions and parameters, collect, consolidate and analyse data, make forecasts or projections, document results and obtain approval.

It applies to experienced individuals who use a range of specialist and managerial techniques to plan and carry out their work, and provide direction to others.

Topics covered in this unit include:

  1. Plan preparation timetable
  2. Identify assumptions and parameters
  3. Issue instructions and relevant aids for preparation of forecasts and projections
  4. Collect, consolidate, model and analyse data
  5. Document results and obtain approval

Unit outcomes

Upon successful completion of this unit students will be able to apply systematic and analytical decision-making processes to make forecasts and projections in complex and non-routine situations and use formal analytical thinking techniques to identify issues and generate possible solutions.

FNSACC503 – Manage budgets and forecasts

This unit describes the skills and knowledge required to prepare, document and manage budgets and forecasts, and encompasses forecasting estimates and monitoring budgeted outcomes.

It applies to individuals who use specialised knowledge and analytical skills to prepare and manage strategic organisational information.

Topics covered in this unit include:

  1. Prepare budget
  2. Forecast estimates
  3. Document budget
  4. Monitor budget outcomes

Unit Outcomes

Upon successful completion of this unit students will be to prepare budget and forecasts, complete reports and analyse budget variances.

FNSACC501 – Provide financial and business performance information

This unit describes the skills and knowledge required to analyse and report on a broad range of financial and business performance information and encompasses assessing clients’ needs, analysing data and preparing advice.

It applies to individuals who, within their level of authority, apply specialised knowledge, systematic approaches and analytical techniques to research and prepare customised information for clients.

Topics covered in this unit include:

  1. Assess client needs
  2. Analyse data
  3. Prepare advice

Unit Outcomes

Upon successful completion of this unit students will be to present clients with realistic business financial performance and compliance advice.

FNSACC507 – Provide management accounting information

This unit describes the skills and knowledge required to gather, record and analyse operating and cost data, prepare budget reports and review costing systems integrity to calculate and record the costs of products and services.

It applies to individuals who use specialised knowledge and analytical skills to manage complex financial data and develop comprehensive organisational reports.

Topics covered in this unit include:

  1. Gather and record operating and cost data
  2. Analyse data and assign costs
  3. Prepare cost reports and budgets
  4. Analyse variances and review costing system integrity

Unit Outcomes

Upon successful completion of this unit students will be able to use problem-solving processes to identify and analyse issues with the potential to impact on organisational financial reporting, and to develop and implement options to resolve these issues.

BSBLDR402 – Lead effective workplace relationships

This unit defines skills, knowledge and outcomes required to use leadership to promote team cohesion. It includes motivating, mentoring, coaching and developing the team and forming the bridge between the management of the organisation and team members.

This unit applies to team leaders, supervisors and new or emerging managers where leadership plays a role in developing and maintaining effective workplace relationships. It applies in any industry or community context.

Topics covered in this unit include:

  1. Collect, analyse and communicate information and ideas
  2. Develop trust and confidence as leader
  3. Develop and maintain networks and relationships

Unit Outcomes

Upon successful completion of this unit students will be able to present with trust and confidence, communicate with diverse stakeholders, and use networks to identify and build relationships.

BSBFIA401 – Prepare financial reports

This unit describes skills and knowledge required to record general journal adjustment entries and to prepare end of period financial reports.

It applies to individuals employed in a range of work environments who are responsible for preparing financial reports. They may be individuals providing administrative support within an enterprise, or they might have responsibility for these tasks in relation to their own workgroup or role.

Topics covered in this unit include:

  1. Maintain asset register
  2. Record general journal entries for balance day adjustments
  3. Prepare final general ledger accounts
  4. Prepare end of period financial reports

Unit Outcomes

Upon successful completion of this unit students will be to select the appropriate form, channel and mode of communication for a specific purpose relevant to own role.

FNSACC504 – Prepare financial reports for corporate entities

This unit describes the skills and knowledge required to prepare financial reports for a reporting entity and encompasses compiling and analysing data and meeting statutory reporting requirements.

It applies to individuals who use specialised knowledge and analytical skills to prepare financial reports that meet specific compliance requirements.

Topics covered in this unit include:

  1. Compile data
  2.  Prepare reports

Unit outcomes

Upon successful completion of this unit students will be able to Presents financial information to a range of personnel using language and concepts appropriate for the audience.