Modification History
Not applicable.
Unit Descriptor
Unit descriptor |
This unit describes the performance outcomes, skills and knowledge required to develop, implement and maintain policies and practices to ensure that a quality service is provided in relation to in-house or contracted bookkeeping activities. This unit may apply to job roles subject to licensing, legislative, regulatory or certification requirements so Commonwealth, State or Territory requirements should be confirmed with the relevant body. The Tax Practitioner's Board has set specific educational and experience requirements for registration of BAS agents that must be met. |
Application of the Unit
Application of the unit |
This unit applies equally to bookkeeping job roles and individuals providing contract bookkeeping services that apply in a wide range of industries. |
Licensing/Regulatory Information
Not applicable.
Pre-Requisites
Prerequisite units |
||
Employability Skills Information
Employability skills |
This unit contains employability skills. |
Elements and Performance Criteria Pre-Content
Elements describe the essential outcomes of a unit of competency. |
Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the required skills and knowledge section and the range statement. Assessment of performance is to be consistent with the evidence guide. |
Elements and Performance Criteria
ELEMENT |
PERFORMANCE CRITERIA |
1. Develop a professional working relationship with relevant parties |
1.1. Business needs and expectations of a bookkeeper are clarified through clear communication with relevant parties 1.2. Roles and responsibilities of the bookkeeper are determined according to the business needs 1.3. Activities that fall outside the role and responsibilities of the bookkeeper are identified and networks of individuals able to carry out activities are identified 1.4. Where applicable, the business owner is referred to relevant networks for advice and services 1.5. Feedback is sought on the range, type and quality of service to be provided and, where applicable, acted upon 1.6. Relevant ethical principles and practices are identified and used in all dealings 1.7. A strategy for continuing professional development is set in place and implemented to ensure ongoing professional practices |
2. Carry out research to identify compliance requirements and support materials |
2.1. Research is conducted into legislative , statutory , regulatory and industry requirements for carrying out bookkeeping activities 2.2. Access to relevant publications and software tools designed to assist in carrying out bookkeeping activities is obtained |
3. Set up and maintain appropriate systems to meet compliance requirements |
3.1. Systems are developed to support audience needs. 3.2. Instructions and guidelines for carrying out relevant daily activities and developed in accordance with compliance requirements 3.3. Systems are reviewed and adapted as necessary on a regular basis |
Required Skills and Knowledge
REQUIRED SKILLS AND KNOWLEDGE |
This section describes the skills and knowledge required for this unit. |
Required skills |
|
Required knowledge |
|
Evidence Guide
EVIDENCE GUIDE |
|
The Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package. |
|
Overview of assessment |
|
Critical aspects for assessment and evidence required to demonstrate competency in this unit |
Evidence of the ability to:
|
Context of and specific resources for assessment |
Assessment must ensure:
|
Method of assessment |
A range of assessment methods should be used to assess practical skills and knowledge. The following examples, in combination, are appropriate for this unit:
|
Guidance information for assessment |
Range Statement
RANGE STATEMENT |
|
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included. |
|
Relevant parties may include: |
|
Ethical principles and practices may be defined in: |
|
Legislative , statutory , regulatory and industry requirements may include: |
|
Publications and software tools may include: |
|
Systems may include: |
|
Audience may include: |
|
Unit Sector(s)
Unit sector |
Bookkeeping |
Competency field
Competency field |
Co-requisite units
Co-requisite units |
FNSBKG403A |
Establish and maintain an accrual accounting system |
FNSBKG404A |
Carry out business activity and instalment statement activity tasks |
|