Qualification details

Modification History

Description

This qualification is designed to reflect the job roles of contract bookkeepers and employees performing bookkeeping tasks for organisations in a range of industries.

A Business Activity Statement (BAS) service is a tax agent service that includes, but is not limited to, the following:

• preparing or lodging an approved form about a taxpayer’s liabilities, obligations or entitlements under a BAS provision;
• giving a taxpayer advice about a BAS provision that the taxpayer can reasonably be expected to rely upon to satisfy their taxation obligations; or
• dealing with the Commissioner on behalf of a taxpayer in relation to a BAS provision.

Persons providing a BAS service must be registered by the Tax Practitioner’s Board and this qualification is currently cited as meeting the educational requirements for registration. Other conditions apply including a designated period of experience. Persons seeking BAS agent registration should check current registration requirements with the Board as this is regularly reviewed.

Pathways Information

Pathways into the qualification 

• Certificate III in Accounts Administration

Pathways from the qualification 

The primary pathway from this qualification is employment in a bookkeeping job role with functions that include:

• establishing and maintaining manual and computerised accounting systems
• completing Business Activity Statements (BAS) and other office financial statements
• developing bookkeeping management systems for organisations
• general administration.

A further learning pathway utilising qualifications such as Diploma of Accounting would support career progression.

Licensing/Regulatory Information

Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. You should refer to the IBSA website (www.ibsa.org.au) or the relevant regulator for specific guidance on requirements.

Entry Requirements

Not applicable.

Employability Skills Summary

The following table contains a summary of the employability skills required by industry for this qualification. The employability skills facets described here are broad industry requirements that may vary depending on qualification packaging options.

Packaging Rules

13 units  must be achieved:

9 core units 

plus 4 elective units 

The 4 elective units  may be selected from the elective units listed below, any endorsed Training Package or accredited course.

Elective units may be selected from a Certificate IV or Diploma qualification; 2 elective units  may be selected from a Certificate III qualification.

Elective units must be relevant to the work outcome, local industry requirements and the qualification level.

Core units of competency: 

• FNSBKG401A Develop and implement policies and procedures relevant to bookkeeping activities
• FNSBKG402A Establish and maintain a cash accounting system
• FNSBKG403A Establish and maintain an accrual accounting system
• FNSBKG404A Carry out business activity and instalment activity statement tasks
• FNSBKG405A Establish and maintain a payroll system
• FNSINC401A Apply principles of professional practice to work in the financial services industry
• BSBFIA401A Prepare financial reports
• BSBITU306A Design and produce business documents
• BSBOHS201A Participate in OHS processes

Elective units of competency: 

• FNSACC302A Administer subsidiary accounts and ledgers
• FNSACC303A Perform financial calculations
• FNSACC404A Prepare financial statements for non-reporting entities
• FNSACC405A Maintain inventory records
• FNSACC406A Set up and operate a computerised accounting system
• BSBCUS301B Deliver and monitor a service to customers
• BSBCUS403B Implement customer service standards
• BSBFRA301B Work within a franchise
• BSBFRA403B Manage relationship with franchisor
• BSBITU402A Develop and use complex spreadsheets
• BSBSMB405B Monitor and manage small business operations
• BSBWOR501B Manage personal work priorities and professional development
• BSBWRT301A Write simple documents

NOTE  The workplace context for this qualification should guide the selection of elective units. Examples of appropriate units in the elective bank that may suit particular work contexts include:

(Contract Bookkeeper)

• BSBCUS301B Deliver and monitor a service to customers
• BSBCUS403B Implement customer service standards

(Small Bookkeeping Business Owner)

• BSBSMB405B Monitor and manage small business operations
• BSBWOR501B Manage personal work priorities and professional development

( Permanent Paid Bookkeeper - working for an enterprise) 

• BSBCUS403B Implement customer service standards
• BSBWOR501B Manage personal work priorities and professional development

(Franchise Bookkeeper)

• BSBFRA301B Work within a franchise
• BSBFRA403B Manage relationship with franchisor