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Training package details

FNS - Financial Services Training Package (Release 8.2)

Summary

Usage recommendation:
Current
Mapping:
MappingNotesDate
Supersedes FNS10 - Financial Services Training Package 25/Mar/2015

Release Status:
Current
Releases:
ReleaseRelease dateApproval process
8.2 (this release) 03/Nov/2022Minor upgrade (Approval date: 03/Nov/2022)
(View details for release 8.1) 23/Sep/2022 Minor upgrade (Approval date: 31/Aug/2022)
(View details for release 8.0) 15/Jun/2022 Endorsement date: 06/Apr/2022
(View details for release 7.0) 27/Jan/2022 Endorsement date: 19/Aug/2021
(View details for release 6.2) 09/Jul/2021 Minor upgrade (Approval date: 09/Jul/2021)
(View details for release 6.1) 12/Feb/2021 Minor upgrade (Approval date: 12/Feb/2021)
(View details for release 6.0) 02/Feb/2021 Endorsement date: 02/Dec/2020
(View details for release 5.0) 04/Nov/2020 Endorsement date: 04/Nov/2020
(View details for release 4.0) 01/Jul/2020 Endorsement date: 25/Feb/2020
(View details for release 3.1) 06/Sep/2018 Minor upgrade (Approval date: 06/Sep/2018)
(View details for release 3.0) 13/Feb/2018 Endorsement date: 13/Feb/2018
(View details for release 2.1) 12/Sep/2016 Minor upgrade (Approval date: 12/Sep/2016)
(View details for release 2.0) 14/Jan/2016 Endorsement date: 12/Oct/2015
(View details for release 1.1) 22/Apr/2015 Minor upgrade (Approval date: 22/Apr/2015)
(View details for release 1.0) 25/Mar/2015 Endorsement date: 06/Mar/2015


Disclaimer:
Following the establishment of the new training package development process, any references to the former Skills Service Organisations (SSOs) or Industry Skills Councils (ISCs) found in the content of this training package or its components should be referred to the Jobs and Skills Council (JSC) listed below.

Training Package Developer

Organisation:
Future Skills Organisation 

Qualifications

 CodeTitleUsageRelease

Toggle visibility of information in grouping for 'Qualification Level: Certificate I'Qualification Level: Certificate I

 FNS10120 - Certificate I in Basic Financial LiteracyCertificate I in Basic Financial LiteracyCurrent

Toggle visibility of information in grouping for 'Qualification Level: Certificate II'Qualification Level: Certificate II

 FNS20120 - Certificate II in Financial ServicesCertificate II in Financial ServicesCurrent

Toggle visibility of information in grouping for 'Qualification Level: Certificate III'Qualification Level: Certificate III

 FNS30122 - Certificate III in Financial ServicesCertificate III in Financial ServicesCurrent
 FNS30220 - Certificate III in Personal Injury ManagementCertificate III in Personal Injury ManagementCurrent
 FNS30322 - Certificate III in Accounts AdministrationCertificate III in Accounts AdministrationCurrent
 FNS30420 - Certificate III in Mercantile AgentsCertificate III in Mercantile AgentsCurrent

Toggle visibility of information in grouping for 'Qualification Level: Certificate IV'Qualification Level: Certificate IV

 FNS40122 - Certificate IV in Credit ManagementCertificate IV in Credit ManagementCurrent
 FNS40222 - Certificate IV in Accounting and BookkeepingCertificate IV in Accounting and BookkeepingCurrent
 FNS40821 - Certificate IV in Finance and Mortgage BrokingCertificate IV in Finance and Mortgage BrokingCurrent
 FNS40920 - Certificate IV in SuperannuationCertificate IV in SuperannuationCurrent
 FNS41422 - Certificate IV in General InsuranceCertificate IV in General InsuranceCurrent
 FNS41521 - Certificate IV in Life InsuranceCertificate IV in Life InsuranceCurrent
 FNS41720 - Certificate IV in Insurance BrokingCertificate IV in Insurance BrokingCurrent
 FNS41820 - Certificate IV in Financial ServicesCertificate IV in Financial ServicesCurrent
 FNS42022 - Certificate IV in Banking ServicesCertificate IV in Banking ServicesCurrent
 FNS42120 - Certificate IV in Personal Injury ManagementCertificate IV in Personal Injury ManagementCurrent
 FNS42222 - Certificate IV in Personal Trust AdministrationCertificate IV in Personal Trust AdministrationCurrent

Toggle visibility of information in grouping for 'Qualification Level: Diploma'Qualification Level: Diploma

 FNS50222 - Diploma of AccountingDiploma of AccountingCurrent
 FNS50322 - Diploma of Finance and Mortgage Broking ManagementDiploma of Finance and Mortgage Broking ManagementCurrent
 FNS50422 - Diploma of Payroll ServicesDiploma of Payroll ServicesCurrent
 FNS50722 - Diploma of SuperannuationDiploma of SuperannuationCurrent
 FNS50922 - Diploma of Banking Services ManagementDiploma of Banking Services ManagementCurrent
 FNS51022 - Diploma of Financial MarketsDiploma of Financial MarketsCurrent
 FNS51120 - Diploma of General InsuranceDiploma of General InsuranceCurrent
 FNS51220 - Diploma of Insurance BrokingDiploma of Insurance BrokingCurrent
 FNS51420 - Diploma of Loss AdjustingDiploma of Loss AdjustingCurrent
 FNS51522 - Diploma of Credit ManagementDiploma of Credit ManagementCurrent
 FNS51822 - Diploma of Financial ServicesDiploma of Financial ServicesCurrent
 FNS51920 - Diploma of Personal Injury and Disability Insurance ManagementDiploma of Personal Injury and Disability Insurance ManagementCurrent
 FNS52022 - Diploma of Personal TrustsDiploma of Personal TrustsCurrent

Toggle visibility of information in grouping for 'Qualification Level: Advanced Diploma'Qualification Level: Advanced Diploma

 FNS60222 - Advanced Diploma of AccountingAdvanced Diploma of AccountingCurrent
 FNS60622 - Advanced Diploma of Banking Services ManagementAdvanced Diploma of Banking Services ManagementCurrent
 FNS60722 - Advanced Diploma of Financial Licensing ManagementAdvanced Diploma of Financial Licensing ManagementCurrent
 FNS60822 - Advanced Diploma of Integrated Risk ManagementAdvanced Diploma of Integrated Risk ManagementCurrent
 FNS60920 - Advanced Diploma of ParaplanningAdvanced Diploma of ParaplanningCurrent

Toggle visibility of information in grouping for 'Qualification Level: Graduate Certificate'Qualification Level: Graduate Certificate

 FNS80020 - Graduate Certificate in Anti-Money Laundering and Counter Terrorism FinancingGraduate Certificate in Anti-Money Laundering and Counter Terrorism FinancingCurrent

Toggle visibility of information in grouping for 'Qualification Level: Graduate Diploma'Qualification Level: Graduate Diploma

 FNS80120 - Graduate Diploma of Anti-Money Laundering and Counter Terrorism FinancingGraduate Diploma of Anti-Money Laundering and Counter Terrorism FinancingCurrent

Skill sets

CodeSort Table listing the training package skill sets by the Code columnTitleUsageSort Table listing the training package skill sets by the Usage columnReleaseSort Table listing the training package skill sets by the Release column
FNSSS00014 - Accounting Principles Skill SetAccounting Principles Skill SetCurrent
FNSSS00015 - Advanced Accounting Principles Skill SetAdvanced Accounting Principles Skill SetCurrent
FNSSS00010 - Anti-money Laundering and Counter Terrorism Financing Skill SetAnti-money Laundering and Counter Terrorism Financing Skill SetCurrent
FNSSS00004 - BAS Agent Registration Skill SetBAS Agent Registration Skill SetCurrent
FNSSS00013 - Business Ethics and Conduct Skill SetBusiness Ethics and Conduct Skill SetCurrent
FNSSS00006 - Commercial Law for Tax (Financial) Advisers Skill SetCommercial Law for Tax (Financial) Advisers Skill SetCurrent
FNSSS00005 - Commercial Law for Tax Agents Skill SetCommercial Law for Tax Agents Skill SetCurrent
FNSSS00017 - Custody and Operations Skill SetCustody and Operations Skill SetCurrent
FNSSS00022 - Customer Relationship Building Skill SetCustomer Relationship Building Skill SetCurrent
FNSSS00007 - Financial Literacy Education Skill SetFinancial Literacy Education Skill SetCurrent
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Units of competency

CodeSort Table listing the units of competency related to this training package. by the Code columnTitleUsageReleaseSort Table listing the units of competency related to this training package. by the Release column
FNSACC314 - Conduct business activities using a computerised accounting systemConduct business activities using a computerised accounting systemCurrent
FNSACC321 - Process financial transactions and extract interim reportsProcess financial transactions and extract interim reportsCurrent
FNSACC322 - Administer subsidiary accounts and ledgersAdminister subsidiary accounts and ledgersCurrent
FNSACC323 - Perform financial calculationsPerform financial calculationsCurrent
FNSACC405 - Maintain inventory recordsMaintain inventory recordsCurrent
FNSACC407 - Produce job costing informationProduce job costing informationCurrent
FNSACC411 - Process business tax requirementsProcess business tax requirementsCurrent
FNSACC412 - Prepare operational budgetsPrepare operational budgetsCurrent
FNSACC413 - Make decisions in a legal contextMake decisions in a legal contextCurrent
FNSACC414 - Prepare financial statements for non-reporting entitiesPrepare financial statements for non-reporting entitiesCurrent
FNSACC418 - Work effectively in the accounting and bookkeeping industryWork effectively in the accounting and bookkeeping industryCurrent
FNSACC421 - Prepare financial reportsPrepare financial reportsCurrent
FNSACC426 - Set up and operate computerised accounting systemsSet up and operate computerised accounting systemsCurrent
FNSACC505 - Establish and maintain accounting information systemsEstablish and maintain accounting information systemsCurrent
FNSACC521 - Provide financial and business performance informationProvide financial and business performance informationCurrent
FNSACC522 - Prepare tax documentation for individualsPrepare tax documentation for individualsCurrent
FNSACC523 - Manage budgets and forecastsManage budgets and forecastsCurrent
FNSACC524 - Prepare financial reports for corporate entitiesPrepare financial reports for corporate entitiesCurrent
FNSACC526 - Implement and maintain internal control proceduresImplement and maintain internal control proceduresCurrent
FNSACC527 - Provide management accounting informationProvide management accounting informationCurrent
FNSACC601 - Prepare and administer tax documentation for legal entitiesPrepare and administer tax documentation for legal entitiesCurrent
FNSACC602 - Audit and report on financial systems and recordsAudit and report on financial systems and recordsCurrent
FNSACC603 - Implement tax plans and evaluate tax obligationsImplement tax plans and evaluate tax obligationsCurrent
FNSACC605 - Implement organisational improvement programsImplement organisational improvement programsCurrent
FNSACC606 - Conduct internal auditConduct internal auditCurrent
FNSACC607 - Evaluate business performanceEvaluate business performanceCurrent
FNSACC608 - Evaluate organisation's financial performanceEvaluate organisation's financial performanceCurrent
FNSACC609 - Evaluate financial riskEvaluate financial riskCurrent
FNSACC610 - Develop and implement financial strategiesDevelop and implement financial strategiesCurrent
FNSACC611 - Implement an insolvency programImplement an insolvency programCurrent
FNSACC612 - Implement reconstruction planImplement reconstruction planCurrent
FNSACC613 - Prepare and analyse management accounting informationPrepare and analyse management accounting informationCurrent
FNSACC614 - Prepare complex corporate financial reportsPrepare complex corporate financial reportsCurrent
FNSACC634 - Monitor corporate governance activitiesMonitor corporate governance activitiesCurrent
FNSACM311 - Process and manage paymentsProcess and manage paymentsCurrent
FNSACM312 - Reconcile financial transactionsReconcile financial transactionsCurrent
FNSACM313 - Process authorised paymentsProcess authorised paymentsCurrent
FNSACM411 - Authorise valid expense paymentsAuthorise valid expense paymentsCurrent
FNSAML811 - Design anti-money laundering and counter terrorism financing programsDesign anti-money laundering and counter terrorism financing programsCurrent
FNSAML812 - Design and assess controls to monitor money laundering and terrorism financing riskDesign and assess controls to monitor money laundering and terrorism financing riskCurrent
FNSAML813 - Design and monitor reporting systems for suspicious transactionsDesign and monitor reporting systems for suspicious transactionsCurrent
FNSAML814 - Design customer due diligence policies and proceduresDesign customer due diligence policies and proceduresCurrent
FNSAML815 - Manage assessment of organisation vulnerability to money laundering and terrorism financingManage assessment of organisation vulnerability to money laundering and terrorism financingCurrent
FNSAML816 - Implement an anti-money laundering and counter terrorism financing programImplement an anti-money laundering and counter terrorism financing programCurrent
FNSASIC311 - Establish client relationship and analyse needsEstablish client relationship and analyse needsCurrent
FNSASIC312 - Provide personal advice on non-relevant financial productsProvide personal advice on non-relevant financial productsCurrent
FNSASIC314 - Provide Tier 2 general advice in general insuranceProvide Tier 2 general advice in general insuranceCurrent
FNSASIC315 - Provide Tier 2 personal advice in general insuranceProvide Tier 2 personal advice in general insuranceCurrent
FNSASICM513 - Provide general advice in life insuranceProvide general advice in life insuranceCurrent
FNSASICN513 - Provide advice in general insuranceProvide advice in general insuranceCurrent
FNSASICS513 - Provide wholesale advice in foreign exchangeProvide wholesale advice in foreign exchangeCurrent
FNSASICT513 - Provide wholesale advice in managed investmentsProvide wholesale advice in managed investmentsCurrent
FNSASICV513 - Provide wholesale advice in derivativesProvide wholesale advice in derivativesCurrent
FNSASICW513 - Provide wholesale advice in securitiesProvide wholesale advice in securitiesCurrent
FNSASICY513 - Provide advice in insurance brokingProvide advice in insurance brokingCurrent
FNSBNK411 - Coordinate small business customer portfoliosCoordinate small business customer portfoliosCurrent
FNSBNK412 - Align banking products with the needs of small business customersAlign banking products with the needs of small business customersCurrent
FNSBNK413 - Provide services in a Business Transaction CentreProvide services in a Business Transaction CentreCurrent
FNSBNK414 - Promote mobile banking servicesPromote mobile banking servicesCurrent
FNSBNK415 - Provide mobile banking sales and servicesProvide mobile banking sales and servicesCurrent
FNSBNK416 - Manage mobile lending servicesManage mobile lending servicesCurrent
FNSBNK511 - Manage banking and service strategy for small business customersManage banking and service strategy for small business customersCurrent
FNSBNK512 - Assess complex loansAssess complex loansCurrent
FNSBNK513 - Provide business advisory services within a financial services contextProvide business advisory services within a financial services contextCurrent
FNSBNK522 - Manage services in a Business Transaction CentreManage services in a Business Transaction CentreCurrent
FNSCMP501 - Comply with financial services legislationComply with financial services legislationCurrent
FNSCRD302 - Monitor and control accounts receivableMonitor and control accounts receivableCurrent
FNSCRD311 - Process applications for creditProcess applications for creditCurrent
FNSCRD401 - Assess credit applicationsAssess credit applicationsCurrent
FNSCRD404 - Utilise the legal process to recover outstanding debtUtilise the legal process to recover outstanding debtCurrent
FNSCRD412 - Establish and maintain appropriate security options for credit facilitiesEstablish and maintain appropriate security options for credit facilitiesCurrent
FNSCRD413 - Manage and recover bad and doubtful debtsManage and recover bad and doubtful debtsCurrent
FNSCRD415 - Manage overdue customer accountsManage overdue customer accountsCurrent
FNSCRD502 - Manage factoring and invoice discounting arrangementsManage factoring and invoice discounting arrangementsCurrent
FNSCRD511 - Respond to personal insolvency situationsRespond to personal insolvency situationsCurrent
FNSCRD513 - Promote client understanding of the role and effective use of consumer creditPromote client understanding of the role and effective use of consumer creditCurrent
FNSCRD514 - Identify and manage credit riskIdentify and manage credit riskCurrent
FNSCRD515 - Respond to corporate insolvency situationsRespond to corporate insolvency situationsCurrent
FNSCUS311 - Respond to customer enquiriesRespond to customer enquiriesCurrent
FNSCUS402 - Resolve disputesResolve disputesSuperseded
FNSCUS403 - Deliver a professional service to customersDeliver a professional service to customersCurrent
FNSCUS411 - Participate in negotiationsParticipate in negotiationsCurrent
FNSCUS412 - Resolve disputesResolve disputesCurrent
FNSCUS504 - Manage premium customer relationshipsManage premium customer relationshipsCurrent
FNSCUS505 - Determine client requirements and expectationsDetermine client requirements and expectationsSuperseded
FNSCUS511 - Develop and maintain professional relationships in financial services industryDevelop and maintain professional relationships in financial services industryCurrent
FNSCUS512 - Monitor clients' financial requirementsMonitor clients' financial requirementsCurrent
FNSCUS513 - Review business performanceReview business performanceCurrent
FNSCUS515 - Determine client financial requirements and expectationsDetermine client financial requirements and expectationsCurrent
FNSCUS516 - Record and implement client instructionsRecord and implement client instructionsCurrent
FNSFLT211 - Develop and use personal budgetsDevelop and use personal budgetsCurrent
FNSFLT212 - Develop and use savings plansDevelop and use savings plansCurrent
FNSFLT213 - Develop knowledge of debt and consumer creditDevelop knowledge of debt and consumer creditCurrent
FNSFLT214 - Develop knowledge of superannuationDevelop knowledge of superannuationCurrent
FNSFLT215 - Develop knowledge of the Australian financial system and marketsDevelop knowledge of the Australian financial system and marketsCurrent
FNSFLT216 - Develop knowledge of taxationDevelop knowledge of taxationCurrent
FNSFLT311 - Develop and apply knowledge of personal financesDevelop and apply knowledge of personal financesCurrent
FNSFLT411 - Determine financial requirements of small businessesDetermine financial requirements of small businessesCurrent
FNSFLT511 - Assist customers to budget and manage own financesAssist customers to budget and manage own financesCurrent
FNSFLT512 - Facilitate customer awareness of the Australian financial system and marketsFacilitate customer awareness of the Australian financial system and marketsCurrent
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Imported units of competency

CodeTitleUsageSort Table listing Imported units of competency by the Usage columnReleaseSort Table listing Imported units of competency by the Release columnBelongs to training package
BSBINS501 - Implement information and knowledge management systemsImplement information and knowledge management systemsCurrentBSB - Business Services Training Package
BSBLDR301 - Support effective workplace relationshipsSupport effective workplace relationshipsCurrentBSB - Business Services Training Package
BSBLDR411 - Demonstrate leadership in the workplaceDemonstrate leadership in the workplaceCurrentBSB - Business Services Training Package
BSBLDR413 - Lead effective workplace relationshipsLead effective workplace relationshipsCurrentBSB - Business Services Training Package
BSBLDR414 - Lead team effectivenessLead team effectivenessCurrentBSB - Business Services Training Package
BSBLDR521 - Lead the development of diverse workforcesLead the development of diverse workforcesCurrentBSB - Business Services Training Package
BSBLDR522 - Manage people performanceManage people performanceCurrentBSB - Business Services Training Package
BSBLDR523 - Lead and manage effective workplace relationshipsLead and manage effective workplace relationshipsCurrentBSB - Business Services Training Package
BSBLDR601 - Lead and manage organisational changeLead and manage organisational changeCurrentBSB - Business Services Training Package
BSBLDR602 - Provide leadership across the organisationProvide leadership across the organisationCurrentBSB - Business Services Training Package
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