FNS40217 Certificate IV in Accounting and Bookkeeping (for Charities and NFP Sector)


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 and have a strong understanding of the NFP Standard Chart of Accounts.

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.

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.

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.

FNSACC414 – Prepare financial statements for non-reporting entities

This unit describes the skills and knowledge required to prepare financial statements for entities that do not have a statutory duty to file financial reports with government agencies and regulators.

It applies to individuals who use specialised knowledge and systematic approaches to collate and prepare financial information in line with accounting standards.

Topics covered in this unit include:

  1. Compile data required for preparing financial statements for non-reporting entities
  2. Prepare financial statements for non-reporting entities

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.

BSB51918 – Diploma of Leadership and Management


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

BSBLDR511 – Develop and use emotional intelligence

This unit covers the development and use of emotional intelligence to increase self-awareness, self-management, social awareness and relationship management in the context of the workplace.

It includes identifying the impact of own emotions on others in the workplace, recognising and appreciating the emotional strengths and weaknesses of others, promoting the development of emotional intelligence in others and utilising emotional intelligence to maximise team outcomes.

It applies to managers who identify, analyse, synthesise and act on information from a range of sources and who deal with unpredictable problems. They use initiative and judgement to organise the work of self and others and plan, evaluate and co-ordinate the work of teams.

Topics covered in this unit include:

  1. Identify the impact of own emotions on others in the workplace
  2. Recognise and appreciate the emotional strengths and weaknesses of others
  3.  Promote the development of emotional intelligence in others
  4. Utilise emotional intelligence to maximise team outcomes

Unit Outcomes

Upon successful completion of this unit students will be able to encourage a positive emotional climate in the workplace and use the strengths of team members to achieve workplace outcomes.

BSBLDR503 – Communicate with influence

This unit describes the skills and knowledge required to present and negotiate persuasively, lead and participate in meetings and make presentations to customers, clients and others.

It applies to managers and leaders who identify, analyse, synthesise and act on information from a range of sources, and who deal with unpredictable problems. They use initiative and judgement to organise the work of self and others and plan, evaluate and co-ordinate the work of teams.

Topics covered in this unit include:

  1. Communicate clearly
  2. Present and negotiate persuasively
  3. Participate in and lead, meetings effectively
  4. Make presentations at meetings, forums and conferences

Unit Outcomes

Upon successful completion of this unit students will be able to adapt language, explanations, media and information/entertainment balance to meet the needs of the audience.

BSBLDR502 – Lead and manage effective workplace relationships

This unit describes the skills and knowledge required to lead and manage effective workplace relationships.

It applies to individuals in leadership or management who have a prominent role in establishing and managing processes and procedures to support workplace relationships taking into account the organisation’s values, goals and cultural diversity.

Topics covered in this unit include:

  1. Manage ideas and information
  2. Establish systems to develop trust and confidence
  3. Manage the development and maintenance of networks and relationships
  4. Manage difficulties to achieve positive outcomes

Unit Outcomes

Upon successful completion of this unit students will be able to develop and implement strategies and establish processes and systems to identify and manage conflict and difficulties in workplace relationships and provide guidance, counselling and support to assist co-workers in resolving their work difficulties.

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BSBWOR502 – Lead and manage team effectiveness

This unit describes the skills and knowledge required to lead teams in the workplace and to actively engage with the management of the organisation.

It applies to individuals working at a managerial level who facilitate work teams and build a positive culture within their work teams. At this level, work will normally be carried out using complex and diverse methods and procedures requiring the exercise of considerable discretion and judgement, using a range of problem solving and decision making strategies.

Topics covered in this unit include:

  1. Establish team performance plan
  2. Develop and facilitate team cohesion
  3. Facilitate teamwork
  4. Liaise with stakeholders

Unit Outcomes

Upon successful completion of this unit students will be able to encourage team participation, establish and maintain stakeholder communication and support team members in meeting expected performance outcomes.

BSBMGT517 – Manage operational plan

This unit describes the skills and knowledge required to develop and monitor implementation of the operational plan to provide efficient and effective workplace practices within the organisation’s productivity and profitability plans.

Management at a strategic level requires systems and procedures to be developed and implemented to facilitate the organisation’s operational plan.

This unit applies to individuals who manage the work of others and operate within the parameters of a broader strategic and/or business plan.

Topics covered in this unit include:

  1. Develop operational plan
  2. Plan and manage resource acquisition
  3. Monitor and review operational performance

Student outcomes

Upon successful completion of this unit students will be able to develop, monitor and review performance systems and processes to assess progress in achieving profit and productivity plans and targets.

BSBFIM501 – Manage budgets and financial plans

This unit describes the skills and knowledge required to undertake financial management within a work team in an organisation. It includes planning and implementing financial management approaches, supporting team members whose role involves aspects of financial operations, monitoring and controlling finances and reviewing and evaluating effectiveness of financial management processes.

It applies to managers in a wide range of organisations and sectors who have responsibility for ensuring that work team financial resources are used effectively and are managed in line with financial objectives of the team and organisation.

Topics covered in this unit include:

  1. Plan financial management approaches
  2. Implement financial management approaches
  3. Monitor and control finances
  4. Review and evaluate financial management processes

Unit Outcomes

Upon successful completion of this unit students will be to apply logical processes in planning, implementing and evaluating complex tasks and developing alternative strategies in achieving goals and timelines.

BSBRSK501 – Manage risk

This unit describes skills and knowledge required to manage risks in a range of contexts across an organisation or for a specific business unit or area in any industry setting.

It applies to individuals who are working in positions of authority and are approved to implement change across the organisation, business unit, program or project area. They may or may not have responsibility for directly supervising others.

Topics covered in this unit include:

  1. Establish risk context
  2. Identify risks
  3. Analyse risks
  4. Select and implement treatments

Unit Outcomes

Upon successful completion of this unit students will be to review organisational processes, procedures and requirements for undertaking risk management in accordance with current risk management standards and techniques, understand critical success factors, develop risk mitigation strategies and evaluation the risk management process.

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BSBINN502 – Build and sustain an innovative work environment

This unit describes the skills and knowledge required to create an environment that enables and supports the application of innovative practice focusing on a holistic approach to the integration of innovation across all areas of work practice.

It applies to individuals working in leadership or management roles in any industry or community context. The individual could be employed by the organisation, but may also be an external contractor, the leader of a cross organisation team or of a self-formed team of individuals. The work group could be permanent or temporary in nature.

Topics covered in this unit include:

  1. Lead innovation by example
  2. Establish work practices that support innovation
  3. Promote innovation
  4. Create a physical environment which supports innovation
  5. Provide learning opportunities

Unit outcomes

Upon successful completion of this unit students will be able to implement procedures that foster innovation and evaluation of innovative ideas, promote the value of innovation in line with organisational objectives and encourage formal and informal learning opportunities to help develop the skills needed for innovation.

BSBMGT516 – Facilitate continuous improvement

This unit describes the skills and knowledge required to lead and manage continuous improvement systems and processes. Particular emphasis is on the development of systems and the analysis of information to monitor and adjust performance strategies, and to manage opportunities for further improvements.

It applies to individuals who take an active role in managing a continuous improvement process in order to achieve an organisation’s objectives.

Topics covered in this unit include:

  1. Lead continuous improvement systems and processes
  2. Monitor and adjust performance strategies
  3. Manage opportunities for further improvement

Unit Outcomes

Upon successful completion of this unit students will be able to use analytical and lateral thinking to develop, implement and monitor systems and processes to achieve organisational outcomes in line with current practices.

BSBPMG522 – Undertake project work

This unit describes the skills and knowledge required to undertake a straightforward project or a section of a larger project. It covers developing a project plan, administering and monitoring the project, finalising the project and reviewing the project to identify lessons learned for application to future projects.

This unit applies to individuals who play a significant role in ensuring a project meets timelines, quality standards, budgetary limits and other requirements set for the project.

Topics covered in this unit include:

  1. Define project
  2. Develop project plan
  3. Administer and monitor project
  4. Finalise project
  5. Review project

Unit outcomes

Upon successful completion of this unit students will be able to apply systematic and analytical decision-making processes relevant to project management, including, budget processes, risk management, financial reporting and closeout review for a simple project.

BSBMKG507 – Interpret market trends and developments

This unit describes the skills and knowledge required to conduct an analysis of market data in order to determine organisational and competitor business performance and to prepare market and business forecasts. The information assists in developing an organisation’s marketing plan and to determine the current or potential future success of marketing strategies.

This unit applies to marketing professionals who use statistical techniques to analyse organisational and competitor marketing performance and to interpret new and emerging trends when forecasting future business needs.

Topics covered in this unit include:

  1. Interpret trends and market developments
  2. Analyse qualitative results
  3. Report on market data

Unit outcomes

Upon successful completion of this unit students will be able to develops plans using systematic and analytical decision making processes with an awareness of how they may contribute to longer term operational and strategic goals.

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BSBSLS501 – Develop a sales plan

This unit describes the skills and knowledge required to develop a sales plan for a product or service for a team covering a specified sales territory based on strategic objectives and in accordance with established performance targets.

It applies to individuals working in a supervisory or managerial sales role who develop a sales plan for a product or service.

Topics covered in this unit include:

  1.  Identify organisational strategic direction
  2.  Establish performance targets
  3. Develop a sales plan for a product
  4.  Identify support requirements
  5. Monitor and review sales plan

Unit outcomes

Upon successful completion of this unit students will be able to apply critical thinking and systematic, analytical processes in developing and adjusting a sales plan to ensure results are achieved.