FINANCIAL SERVICES COURSES

The FNS50217 Diploma of Accounting qualification provides the skills and knowledge required to undertake 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 Tax Practitioner Board (TPB) for specific guidance on requirements.

FNS50217 Diploma of Accounting includes units that comprise approved TPB courses in Australian taxation law and commercial law, which are relevant for registration as a tax agent. Persons seeking to register as a tax agent with the TPB should select electives that are included in these courses and check current registration requirements with the TPB, as registration requirements are reviewed regularly.

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

• BSBLDR402 Lead effective workplace relationships.


• FNSACC408 Work effectively in the accounting and bookkeeping industry.


• FNSACC505 Establish and maintain accounting information systems.


• BSBFIM502 Manage payroll.


• BSBWOR501 Manage personal work priorities and professional development.

Other elective combinations are possible. In all cases, selection of 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.

*There are formal training pre-requisites for this Unit. Refer to Entry Requirements.
**Unit included in the TPB approved course in Australian taxation law: FNSSS00008 Taxation Law for Tax Agents Skill Set (Tax documentation).

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

Current.

Qualification.

Course fees are provided on the Enrolment page Click here

The Queensland Government subsidises this course for eligible Queenslanders.

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

Students must:

• Be at least 18 years old at the time of enrolment.


• Have an email address and access to a computer with 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 Microsoft Office including Word, Excel and Powerpoint and the ability to use these programs.


• Have accounting software (e.g. Xero, Reckon, MYOB, Quickbooks or similar)


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

Guide: 1000 hours over a period of 12 months.

The entire course is conducted as an E-Learning package using an online training system where students will complete a variety of activities, questions and projects.

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.

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.

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

Assessment activities may include:

• Written knowledge assessments (short answer questions and /or multiple choice).
  
• Verbal challenges.


• Practical tasks / Reports.


• Workplace demonstrations.


• Workplace simulations (where a workplace cannot be used).


• Third party reports.
  
  

Online at a location determined by the student.

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

More information about Group 314, including company policies and other general student information, is available at 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.

The FNS40217 Certificate IV in Accounting and Bookkeeping qualification provides the skills and knowledge required to work in the accounting industry in job roles such as BAS Agent and Bookkeeper.

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 Tax Practitioners Board (TPB) for specific guidance on requirements.

Persons providing a business activity statement (BAS) service for a fee or other reward must be registered by the 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.

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

• BSBITU306 Design and produce business documents.


• BSBWOR501 Manage personal work priorities and professional development.


• FNSACC313 Perform financial calculations.


• FNSACC405 Maintain inventory records.


• FNSACC412 Prepare operational budgets.

Other elective combinations are possible. In all cases, selection of 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.

* This Unit is included in the TPB approved course in basic GST/BAS taxation principles, FNSSS00004 BAS Agent Registration Skill Set.

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

Current.

Qualification.

Course fees are provided on the Enrolment page Click here

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

Students must:

• Be at least 18 years old at the time of enrolment.


• Have an email address and access to a computer and internet connection.
  
• Have good language, literacy and numeracy skills.


• Complete a Pre-course Evaluation conducted by Group 314 to determine suitability for the course.


• Microsoft Office including Word, Excel and Powerpoint and the ability to use these programs.


• Accounting software (e.g. Xero, Reckon, MYOB, Quickbooks or similar).
  
  

Guide: 1150 hours over a period of 12 months

The entire course is conducted as an E-Learning package using an online training system where students will complete a variety of activities, questions and projects.

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 these Units being obtained through RPL ( in full or in part ) as long as the following TPB RPL requirements are satisfied:

• 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

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 .

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

Assessment activities may include:

• Written knowledge assessments (short answer questions and /or multiple choice).
  
• 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.

Online at a location determined by the student.

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

More information about Group 314, including company policies and other general student information, is available at 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.

The FNSSS00004 BAS Agent Registration Skill Set is designed for persons who are seeking registration as a business activity statement (BAS) agent with the Tax Practitioners Board (TPB).

To become a registered BAS Agent, the TPB has a number of requirements including completion of:

• A Certificate IV Financial services (or a higher award) in bookkeeping or accounting.


• A TPB approved course in basic GST/BAS taxation principles (GST/BAS course).

The FNSSS00004 BAS Agent Registration Skill Set is a TPB approved course in basic GST/BAS taxation principles. This course can be completed as part of Group 314's Certificate IV in Accounting and Bookkeeping.

Licensing/Regulatory Information

Persons seeking BAS Agent registration should check with the TPB for details of all current registration requirements, including those relating to the Tax Agent Services Act 2009 (TASA), experience and fitness and propriety. Information about Tax Practitioner Board requirements for BAS Agents is available:

• Qualifications and experience Click here


• Registering as a BAS Agent Click here
  
  

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.
  
  

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

Current.

Statement of Attainment.

Course fees are provided on the Enrolment page Click here

Students must:

• Be at least 18 years old at the time of enrolment.


• Have an email address and access to a computer with 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.


• Ability to use Microsoft Office programs (MS Word, MS Excel).


• Access to accounting software (e.g. Xero, Reckon, MYOB, Quickbooks or similar).
  
  

Guide: 200 hours over a period of 4 months.

The entire course is conducted as an E-Learning package using an online training system where students will complete a variety of activities, questions and projects.

Available subject to Tax Practitioner Board ( TPB ) requirements.

For registration as an individual BAS agent, the TPB will accept these Units being obtained through RPL ( in full or in part ) as long as the following TPB RPL requirements are satisfied:

• 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

Available subject to Tax Practitioner Board ( TPB ) requirements.

For registration as an individual BAS agent, the TPB will accept this course being obtained through Credit Transfer ( in full or in part ) as long as it satisfies the following TPB requirements:

• Where the component unit of study was completed fewer than 10 years from the date of the application for registration.


• Where the component unit of study was completed more than 10 years from the date of the application for registration and the applicant can demonstrate an updating of those skills through work experience and continuing professional development.

The TPB recognises that there may be applicants that fall outside these two broad guidelines. In these cases, a submission should be included with the application for registration, which the TPB will consider on its merits.

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 for more information Click here

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

Assessment activities may include:

• Written knowledge assessments (short answer questions and /or multiple choice).


• Verbal challenges.


• Practical tasks / Reports.


• Workplace demonstrations.


• Workplace simulations (where a workplace cannot be used).


• 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.

Online at a location determined by the student.

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

More information about Group 314, including company policies and other general student information, is available at 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.