Courses - FNS40604 Certificate IV in Financial Services (Accounting)
Adcom Training Solutions provides training that covers all of this information and we encourage you to Enquire NOW info@adcomtraining.com if you are interested in completing this qualification.
This page provides information collected on 23 May 2010 from http://www.ntis.gov.au/?/trainingpackage/FNS04/qualification/FNS40604/rules
about the FNS40604 Certificate IV in Financial Services (Accounting).
FNS40604 Certificate IV in Financial Services (Accounting)
Qualification notes
This qualification is designed to reflect the role of employees who perform duties such as:
- completing Business Activity Statements (BAS) and other office taxes
- operational reporting
- producing of basic management reports
- producing basic job costing reports
- preparing budgets
- supervising the operation of computer based systems
- classifying, recording and reporting of accounting information
- maintaining inventory records
- managing a small office
- making decisions in a legal context
Industry Core Units
Achieve the following 4 industry core units:
FNSICIND401B Apply principles of professional practice to work in the financial services industry
FNSICGEN301B Communicate in the workplace
FNSICGEN302B Use technology in the workplace
FNSICGEN304B Apply health and safety practices in the workplace
Sectoral Core Units
Achieve the following 6 sectoral core units:
FNSACCT401B Process business tax requirements
FNSACCT402B Produce job costing information
FNSACCT403B Prepare operational budgets
FNSACCT404B Make decisions within a legal context
FNSACCT405B Prepare financial statements
FNSACCT406B Maintain asset and inventory records
Elective Units
Achieve at least 3 elective units. The 3 elective units may be selected as follows:
- all 3 elective units may be selected from the list of units suitable at Certificate IV level
- of the 3 elective units, up to 2 units may be selected from the list of units suitable at Certificate III level and up to 2 units may be selected from the list of units suitable at Diploma level
- of the 3 elective units, up to 2 units may be selected from other endorsed packages in accordance with other packaging guidelines for this qualification
- the choice of electives should be appropriate to the level and integrity of the qualification and to the workplace outcomes it is designed to meet
- the units listed below are suggested as suitable electives
- see Levels Chart for full list of units available in the FNS04 Financial Services Training Package
Suggested Elective Units
FNSICACC301B Administer accounts payable
FNSICACC307B Reconcile and monitor accounts receivable
FNSICACC401B Evaluate and authorise payment requests
FNSICORG516B Prepare financial reports to meet statutory requirements
FNSICORG517B Prepare financial forecasts and projections
FNSACCT407B Set up and operate a computerised accounting system
BSBADM408A Prepare financial reports
BSBCMN406A Maintain business technology
NOTE: When selecting units from above please note that:
BSBCMN308A is a prerequisite unit to FNSACCT407B.
Employability Skills for FNS40604 Certificate IV in Financial Services (Accounting)
The following table contains a summary of the employability skills for this qualification. This table should be interpreted in conjunction with the detailed requirements of each unit of competency packaged in this qualification. The outcomes described here are broad industry requirements that may vary depending on the packaging options.
Employability Skill Industry/enterprise requirements for this qualification include:
Communication
- compiling data and preparing financial statements and ad hoc reports
- developing and writing reports to specifications
- discussing and negotiating with stakeholders when preparing budgets
- liaising, listening and consulting
- preparing and presenting routine correspondence in appropriate electronic format
- using effective telephone techniques and having the ability to negotiate resolutions with clients and colleagues
Teamwork
- contributing with others to implement policies and procedures
- referring matters to nominated person as required
- working with others to gather information and to develop budgets
Problem solving
- applying estimating, forecasting and analysis skills
- checking the accuracy of calculations
- determining security protocols
- identifying OHS hazards and risk control
- solving discrepancies
Initiative and enterprise
- applying learning about ergonomic activities to develop improved processes
- applying referral skills
- designing reports to effectively present workplace information
- referring non-routine problems to a nominated person
Planning and organising
- establishing and maintaining an accounting system
- maintaining accounting records for compliance purposes
- maintaining systems, records and reporting procedures
- processing accounting data and preparing reports
- researching and managing data collection and testing
Self management
- adapting to change in technology and work practices
- identifying and acting upon professional development opportunities
- understanding and acting upon compliance matters
- working ethically and complying with industry Professional Code of Practice and legislative requirements
- working within own defined work role
Learning
- developing and maintaining personal competence
- maintaining knowledge of relevant legislation and industry Codes of Practice
- using online help for self learning purposes
Technology
- adapting to change in technology and working within ergonomic guidelines
- using technology to assist the management of information and to establish and operate systems
- using word processing, spreadsheet and database skills to produce workplace documents and reports
This table is a summary of employability skills that are typical of this qualification and should not be interpreted as definitive.
Classifications
ASCO 59 Other Advanced Clerical and Service Workers
ASCED4 0811 Banking, Finance and Related Fields
ANZSIC 784 Legal and Accounting Services
ANZSCO 551111 Accounts Clerk
Adcom Training Solutions provides training that covers all of this information and we encourage you to Enquire NOW info@adcomtraining.com if you are interested in completing this qualification.
Last update: 23rd May 2010
First published: 23rd May 2010
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