FINANCIAL SERVICES COURSES

Below is an overview of the financial services courses we deliver.  For more information call Group 314 on 1300 448 799.

The financial services courses we deliver are:

FNS50217 Diploma of Accounting

FNS40217 Certificate IV in Accounting and Bookkeeping

FNSSS00004 BAS Agent Registration Skill Set

Scroll down for more information about each of these courses.

 

FNS50217 Diploma of Accounting

Course Description
This qualification reflects professional accounting job roles in financial services and other industries, including tax agents, accounts payable and accounts receivable officers, payroll service providers, and employees performing a range of accounting tasks for organisations in a range of industries. Individuals in these roles apply solutions to a range of often complex problems and analyse and evaluate information from a variety of sources. They apply initiative to plan, coordinate and evaluate their own work and provide guidance to others within defined guidelines.

Licensing/Regulatory Information

Work 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.

This qualification includes units that comprise an approved Tax Practitioner Board ( TPB ) course in Australian taxation law and commercial law, which are relevant for registration as a tax agent. Persons seeking registration with the TPB should check current registration requirements with the TPB, as registration requirements are reviewed regularly.

Course Content
This course requires the successful completion of 11 units of competency ( Units ).

The 11 Units must be made up of 6 Core Units plus 5 Elective Units.

The standard course offered by Group 314 includes the following Units:

Core Units
  • FNSACC511 Provide financial and business performance information.
  • FNSACC512 Prepare tax documentation for individuals.
  • FNSACC513 Manage budgets and forecasts.
  • FNSACC514* Prepare financial reports for corporate entities.
  • FNSACC516 Implement and maintain internal control procedures.
  • FNSACC517 Provide management accounting information.
Elective Units
  • FNSINC503 Identify situations requiring complex ethical decision making.
  • FNSINC504 Apply ethical frameworks and principles to make and act upon decisions.
  • FNSPAY501 Process salary packaging arrangements and additional allowances in payroll.
  • FNSPAY502 Process superannuation payments in payroll.
  • FNSACC601* Prepare and administer tax documentation for legal entities.
The Elective Units must be relevant to the work environment and the qualification, maintain the integrity of the Australian Qualifications Framework ( AQF ) alignment, and contribute to a valid industry-supported vocational outcome.

Please Click here for further information and contact Group 314 for assistance on 1300 448 779 or info@group314.com

*There are formal training pre-requisites for this Unit.

Recognition
Nationally Recognised Training ( NRT ) under the Australian Quality Training Framework ( AQTF ).

Certification Type
Qualification.

Course Fee
Course fees are provided on the Enrolment page Click here

Government Funding
The Queensland Government subsidises this course for eligible Queenslanders.

Information about this scheme is provided on the Government Funding page Click here

Entry Requirements
Students must:
  • Be at least 18 years old at the time of enrolment.
  • Have access to a computer with standard Microsoft Office programs.
  • Have an internet connection.
  • Have good language, literacy and numeracy skills.
  • Complete a Pre-course Evaluation conducted by Group 314 to determine suitability for the course.
  • Have successfully completed one of the following courses:
      - FNSSS00014 Accounting Principles Skill Set.
      - FNS40615 Certificate IV in Accounting or equivalent.
      - FNS40215 Certificate IV in Bookkeeping or equivalent.
  • Have successfully completed the following pre-requisite units to Core Unit FNSACC514:
      - BSBFIA401 Prepare financial reports.
      - FNSACC311 Process financial transactions and extract interim reports.
  • Have successfully completed the following pre-requisite unit to Elective Unit FNSACC601:
      - FNSACC512 Prepare tax documentation for individuals.


    Other pre-requisites may apply if Elective Units outside the standard Group 314 Course are selected.

Duration
1510 hours over a period of 12 months.

Some students may be able to complete the course in less time through demonstrated prior learning.

Refer to the Group 314 Recognition of Prior Learning Policy Click here and the Group 314 Credit Transfer Policy Click here for more information.

Training Strategy
Training is non-continuous. i.e. it is not delivered in a single block.

Training will be delivered through a combination of these delivery types:
  • Online - self paced.
  • Workplace.
  • Distance.


Recognition of Prior Learning (RPL)
Available.

Successful RPL applications may result in variations to the duration and cost of the course.

Refer to the Group 314 RPL Policy Click here for more information.

Credit Transfer
Available.

Successful Credit Transfer applications may result in variations to the duration and cost of the course.

Refer to the Group 314 Credit Transfer Policy Click here for more information.

Assessment Strategy
This course requires students to complete a variety of assessment activities.

Assessment activities may include:
  • Written knowledge assessments.
  • Verbal challenges.
  • Practical tasks / Reports.
  • Workplace demonstrations.
  • Workplace simulations ( where a workplace cannot be used ).
  • Third party reports.


Location
Client / student workplaces.

Online at a location determined by the student.

Workplace Arrangements
Please contact Group 314 on 1300 448 779 or info@group314.com to discuss workplace arrangements.

More About This Course
More information about this course is available on the Australian Government Training website Click here

If you would like to discuss this course with a Group 314 representative, please email info@group314.com or phone 1300 448 779.



FNS40217 Certificate IV in Accounting and Bookkeeping

Course Description
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 Information

Work 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.

Course Content
This course requires the successful completion of 13 units of competency ( Units ).

The 13 Units must be made up of 8 Core Units plus 5 Elective Units.

The standard course offered by Group 314 includes the following Units:

Core Units
  • BSBFIA401 Prepare financial reports.
  • BSBSMB412 Introduce cloud computing into business operations.
  • FNSACC311 Process financial transactions and extract interim reports.
  • FNSACC312 Administer subsidiary accounts and ledgers.
  • FNSACC408 Work effectively in the accounting and bookkeeping industry.
  • FNSACC416 Set up and operate a computerised accounting system.
  • FNSTPB401 Complete business activity and instalment activity statements.*
  • FNSTPB402 Establish and maintain payroll systems.*
Elective Units
  • FNSACC405 Maintain inventory records.
  • FNSACC412 Prepare operational budgets.
  • FNSPAY503 Process complex employee terminations in payroll.
  • FNSPAY504 Interpret and apply knowledge of industrial regulations relevant to payroll.
  • FNSPAY505 Interpret and apply knowledge of taxation systems relevant to payroll.
The Elective Units must be relevant to the work environment and the qualification, maintain the integrity of the Australian Qualifications Framework ( AQF ) alignment, and contribute to a valid industry-supported vocational outcome.

Please Click here for further information and contact Group 314 for assistance on 1300 448 779 or info@group314.com


* This Unit is required for the FNSSS00004 BAS Agent Registration Skill Set.

Recognition
Nationally Recognised Training ( NRT ) under the Australian Quality Training Framework ( AQTF ).

Certification Type
Qualification.

Course Fee
Course fees are provided on the Enrolment page Click here

Government Funding
The Queensland Government subsidises this course for eligible Queenslanders. Information about this scheme is provided on the Government Funding page Click here

Entry Requirements
Students must:
  • Be at least 18 years old at the time of enrolment.
  • Have access to a computer with standard Microsoft Office programs.
  • Have an internet connection.
  • Have good language, literacy and numeracy skills.
  • Complete a Pre-course Evaluation conducted by Group 314 to determine suitability for the course.
  • Have a basic understanding the Financial Services industry.


Duration
990 hours over a period of 12 months.

Some students may be able to complete the course in less time through demonstrated prior learning.

Refer to the Group 314 Recognition of Prior Learning Policy Click here and the Group 314 Credit Transfer Policy Click here for more information.

Training Strategy
Training is non-continuous. i.e. it is not delivered in a single block.

Training will be delivered through a combination of these delivery types:
  • Online - self paced.
  • Workplace.
  • Distance.


Recognition of Prior Learning (RPL)
Available*.

Successful RPL applications may result in variations to the duration and cost of the course.

Refer to the Group 314 RPL Policy Click here for more information.



*RPL for the following units are subject to Tax Practitioner Board ( TPB ) requirements:
  • FNSTPB401 Complete business activity and instalment activity statements.
  • FNSTPB402 Establish and maintain payroll systems.
For registration as an individual BAS agent, the TPB will accept this course being obtained through RPL ( in full or in part ) as long as it satisfies the following TPB RPL requirements:
  • Prior learning must be formally assessed and tested under independent supervision.
  • The independent assessment must test the elements of the unit of competency ( Unit ) and the learning outcomes achieved to establish that these are equivalent to the elements of the course and learning outcomes undertaken by students who have not claimed RPL.
  • A TPB Statement of Assurance form must be completed by Group 314 to evidence that the prior learning has been formally assessed.
For more information about the TPB and RPL Click here . To view a TPB Statement of Assurance Form Click here


Credit Transfer
Available*.

Successful Credit Transfer applications may result in variations to the duration and cost of the course.

Refer to the Group 314 Credit Transfer Policy Click here for more information.



*Credit Transfer for the following units are subject to Tax Practitioner Board ( TPB ) requirements:
  • FNSTPB401 Complete business activity and instalment activity statements.
  • FNSTPB402 Establish and maintain payroll systems.
Credit Transfer is available for FNSTPB401 and FNSTPB401 units of competency ( Units ) undertaken as part of another course and may be available for other equivalent courses subject to Tax Practitioner Board ( TPB ) requirements.

For more information about the TPB and equivalent courses Click here .

Assessment Strategy
This course requires students to complete a variety of assessment activities.

Assessment activities may include:
  • Written knowledge assessments.
  • Verbal challenges.
  • Practical tasks / Reports.
  • Workplace demonstrations.
  • Workplace simulations ( where a workplace cannot be used ).
  • Third party reports.
At least 40 percent of assessments for FNSTPB401 and FNSTPB402 must be undertaken under some form of independent supervision. Evidence of this will need to be provided.

Location
Client / student workplaces.

Online at a location determined by the student.

Workplace Arrangements
Please contact Group 314 on 1300 448 779 or info@group314.com to discuss workplace arrangements.

More About This Course
More information about this course is available on the Australian Government Training website Click here

If you would like to discuss this course with a Group 314 representative, please email info@group314.com or phone 1300 448 779.



FNSSS00004 BAS Agent Registration Skill Set

Course Description
This Skill Set is designed for persons who are seeking registration as a Business Activity Statement ( BAS ) Agent with the Tax Practitioners Board ( TPB ).

This Skill Set, together with the appropriate assessment methods as set by the TPB, meets the requirements for a course in basic GST/BAS taxation principles that is approved by the TPB.

It also provides credit towards FNS40217 Certificate IV in Accounting and Bookkeeping

Licensing/Regulatory Information

Persons seeking BAS Agent registration should check with the TPB for details of current registration requirements, including those relating to experience, fitness and propriety.

Course Content
This course requires the successful completion of 2 units of competency ( Units ) :
  • FNSTPB401 Complete business activity and instalment activity statements.
  • FNSTPB402 Establish and maintain payroll systems.
Please Click here for further information and contact Group 314 for assistance on 1300 448 779 or info@group314.com



Recognition
Nationally Recognised Training ( NRT ) under the Australian Quality Training Framework ( AQTF ).

Certification Type
Statement of Attainment.

Course Fee
Course fees are provided on the Enrolment page Click here

Entry Requirements
Students must:
  • Be at least 18 years old at the time of enrolment.
  • Have access to a computer with standard Microsoft Office programs.
  • Have an internet connection.
  • Have good language, literacy and numeracy skills.
  • Complete a Pre-course Evaluation conducted by Group 314 to determine suitability for the course.


Duration
80 hours over a period of 12 months.

Some students may be able to complete the course in less time through demonstrated prior learning.

Refer to the Group 314 Recognition of Prior Learning Policy Click here and the Group 314 Credit Transfer Policy Click here for more information.

Training Strategy
Training is non-continuous. i.e. it is not delivered in a single block.

Training will be delivered online - self-paced.

Recognition of Prior Learning (RPL)
Available subject to Tax Practitioner Board ( TPB ) requirements.

For registration as an individual BAS agent, the TPB will accept this course being obtained through RPL ( in full or in part ) as long as it satisfies the following TPB RPL requirements:
  • Prior learning must be formally assessed and tested under independent supervision.
  • The independent assessment must test the elements of the unit of competency ( Unit ) and the learning outcomes achieved to establish that these are equivalent to the elements of the course and learning outcomes undertaken by students who have not claimed RPL.
  • A TPB Statement of Assurance form must be completed by Group 314 to evidence that the prior learning has been formally assessed.
For more information about the TPB and RPL Click here . To view a TPB Statement of Assurance Form Click here

Successful RPL applications may result in variations to the duration and cost of the course.

Refer to the Group 314 RPL Policy Click here for more information.

Credit Transfer
Available for FNSTPB401 and FNSTPB401 units of competency ( Units ) undertaken as part of another course.

Credit Transfer may be available for other equivalent courses subject to Tax Practitioner Board ( TPB ) requirements.

For more information about the TPB and equivalent courses Click here .

Successful Credit Transfer applications may result in variations to the duration and cost of the course.

Refer to the Group 314 Credit Transfer Policy Click here for more information.

Assessment Strategy
This course requires students to complete a variety of assessment activities.

Assessment activities may include:
  • Written assessment tasks.
  • Verbal challenges.
  • Case studies.
  • Practical tasks / Reports.
  • Examinations.
  • Third party reports.
At least 40 percent of the assessment for the entire course must be undertaken under some form of independent supervision. Evidence of this will need to be provided.

Location
Online at a location determined by the student.

More About This Course
More information about this course is available on the Australian Government Training website Click here

Information about Tax Practitioner Board requirements for BAS Agents is available: If you would like to discuss this course with a Group 314 representative, please email info@group314.com or phone 1300 448 779.