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Skill set details

FNSSS00015 - Advanced Accounting Principles Skill Set (Release 2)

Summary

Usage recommendation:
Current
Release Status:
Current
Releases:
ReleaseRelease date
2 (this release) 15/Jun/2022
(View details for release 1) 13/Feb/2018

Units of competency

CodeSort Table listing units of competency by the Code columnTitleSort Table listing units of competency by the Title columnUsage RecommendationSort Table listing units of competency by the Usage Recommendation columnEssentialSort Table listing units of competency by the Essential column
FNSACC521 - Provide financial and business performance informationProvide financial and business performance informationCurrentN/A
FNSACC522 - Prepare tax documentation for individualsPrepare tax documentation for individualsCurrentN/A
FNSACC523 - Manage budgets and forecastsManage budgets and forecastsCurrentN/A
FNSACC524 - Prepare financial reports for corporate entitiesPrepare financial reports for corporate entitiesCurrentN/A
FNSACC526 - Implement and maintain internal control proceduresImplement and maintain internal control proceduresCurrentN/A
FNSACC527 - Provide management accounting informationProvide management accounting informationCurrentN/A
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Modification History

Release 

Comments 

Release 1

This version first released with FNS Financial Services Training Package Version 3.0.

Description

This skill set is designed for workers in accounting job roles who use knowledge of advanced accounting principles to perform a range of management and analytical tasks in a variety of industries.

Pathways Information

The units of competency in this skill set provide credit towards:

  • FNS50222 Diploma of Accounting

Licensing/Regulatory Information

No licensing, legislative or certification requirements apply to this skill set at the time of publication.

Skill Set Requirements

  • FNSACC521 Provide financial and business performance information
  • FNSACC522 Prepare tax documentation for individuals
  • FNSACC523 Manage budgets and forecasts
  • FNSACC524 Prepare financial reports for corporate entities
  • FNSACC526 Implement and maintain internal control procedures
  • FNSACC527 Provide management accounting information

Target Group

Those who apply advanced accounting principles in accounting job roles.

Suggested words for Statement of Attainment

The units of competency in this skill set from the FNS Financial Services Training Package address the needs of individuals who apply knowledge of advanced accounting principles to perform a range of management and analytical tasks in a variety of industries.