FNSTPB411 Complete business activity and instalment activity statements
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Discover more about business activity and instalment activity statements
Course Code: FNSTPB411 Complete business activity and instalment activity statements
National recognition: Yes
TPB Approved: Yes
Unit: 1 in total
Level: Certificate IV
Delivery: Online
Duration: 6 Months / 60 hours
Fee: $450.00
Start anytime: Yes
Self-paced: Yes
RPL Options: Yes
This unit describes the skills and knowledge required to identify and apply compliance requirements to effectively process and complete business activity statements (BAS), instalment activity statements (IAS), and other required reports. It applies to individuals who use a range of organisational and analytical techniques to work in organisations or to supply specific bookkeeping services as small business owners or contractors.
Persons providing a business activity statement (BAS) service for a fee or other reward must be registered by the Tax Practitioners Board (TPB). Other conditions apply, including a designated period of experience. Persons seeking BAS agent registration should check current registration requirements with the TPB, as registration requirements are reviewed regularly.
This unit is designed to meet the education requirements of the Tax Practitioner Board (TPB). Work functions in the occupational areas where this unit may be used are subject to regulatory requirements.
On successful completion of this unit, learners will gain a nationally recognised Statement of Attainment.
Industry Update!
The unit is core in the FNS40222 Certificate IV in Accounting and Bookkeeping and also the BAS Agent Registration Skill Set.
Our experienced team are keen to see you succeed in your quest to get educated. Book a Consultation with one of our experienced consultants to see how we can help.
Additional assessment Details
This unit reflects the job roles of workers in the accounting industry, including BAS Agents and contract bookkeepers, and of those employees performing bookkeeping tasks for organisations in a range of industries. It includes preparing and lodging business and instalment activity statements and providing advice or dealing with the Commissioner on behalf of a taxpayer in relation to activity statements. Individuals in these roles apply theoretical and specialist knowledge and skills to work autonomously and exercise judgement in completing routine and non-routine activities.
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.
Licensing/Regulatory Information
Work functions in the occupational areas where this unit may be used are subject to regulatory requirements.
On successful completion of this course, you will gain a nationally recognised Statement of Attainment from My CPE Pty Ltd (RTO ID 45717).
1 unit: FNSTPB411 Complete business activity and instalment activity statements.
6 CPE hours will also be awarded if the unit does not form part of the learner’s base qualification for Agent registration with the TPB.
There are no formal requirements applicable to enrolling in the course. Applicants must; however, demonstrate they meet the requirements listed below:
- At least 18 years of age at the time of enrolment
- Access to a computer and internet connection
- Intermediate spreadsheet skills
- Good language, literacy & numeracy skills.
A Certificate IV level program with the following learning outcomes:
Breadth, depth and complexity of knowledge and competencies would cover a broad range of varied activities or applications in a wider variety of contexts, most of which are complex and non-routine. Participants should display leadership and guidance when organising activities of self and others as well as contributing to technical solutions of a non-routine or contingency nature.
Performance of a broad range of skilled applications, including the requirement to evaluate and analyse current practices, develop new criteria and procedures for performing current practices and provision of some leadership and guidance to others in the application and planning of the skills. Applications involve responsibility for, and limited organisation of, others.
Competencies should enable participants with this qualification to:
- Demonstrate understanding of a broad knowledge base incorporating some theoretical concepts
- Apply solutions to a defined range of unpredictable problems
- Identify and apply skill and knowledge areas to a wide variety of contexts, with depth in some areas
- Identify, analyse and evaluate information from a variety of sources
- Take responsibility for own outputs in relation to specified quality standards
- Take limited responsibility for the quantity & quality of the output of others.
The program is ideal for those who are:
- Aiming for registration with the Tax Practitioners Board
- Aspiring to build a career in financial services, particularly in accounting, payroll or bookkeeping
- Contract or employed bookkeepers or accountants requiring flexible learning
- Industry professionals aiming to formalise existing skills and knowledge through Recognition of Prior Learning (RPL)
- Who are fully experienced within this vocational area and are seeking formal recognition of their existing skills in accounting
- Persons who are seeking career advancement within the industry
- Workplace Trainers and Assessors who have industry experience within the sector wishing to train and assess in this vocational area
- Studying another qualification and having chosen accounting electives
- Employees of organisations for whom accounting training is provided
- Individuals who have chosen to improve their accounting skills
- People with disabilities or injuries requiring a change in career or those returning to the workplace.
Education Pathway
Further training pathways from this unit include, but are not limited to:
- FNSTPB412 Establish and maintain payroll systems to gain the FNSSS00004 BAS Agent Registration Skill Set
- Certificate IV in Accounting and Bookkeeping
- Diploma of Accounting
- Advanced Diploma of Accounting, or
- Higher Education.
RPL is the process of recognising the experience and skills that a person has acquired throughout their career. The principles of RPL will be applied at all stages of your program. If existing competence is evident, it will be recognised and applied to expedite the completion of your program.
You will be provided with an opportunity to request RPL during your interview with your Assessor; however, RPL can be requested at any stage.
Online study offers complete flexibility affording students the ability to study anytime and anywhere that suits their schedule. The team of educators at My CPE are committed to supporting you through your chosen program and are keen to help you succeed. All students have unlimited online access to their allocated Assessor during business hours. There are no requirements to attend any classes during this program.
If throughout your program you need assistance on study-related matters or student support-related matters, you can contact our office via your e-Learning portal. Our dedicated team are available to assist with any questions you may have in relation to:
- How to enrol in a course
- Payment options
- Terms and conditions
- Course curriculum
- RPL process
- Assessment processes
- Extensions and applicable fees
- Administration queries.
Assessments are structured to include a variety of styles to cater for the learning needs of a broad range of students and provide you with the best opportunity for success. Assessments are completed using a variety of methods and are submitted via our online student portal.
Assessment methods may include any combination of:
- Multiple choice questions
- Case Studies
- Examinations
- Written assessment tasks
- Practical tasks / Reports / Discussion
- Workplace simulations.
This unit is designed to meet the education requirements of the Tax Practitioner Board (TPB). Where registration with the TPB is sought, assessment must reflect the conditions described by the regulator, which stipulate that a significant amount (at least 40%) must be completed under some form of independent supervision. Where recognition of prior learning (RPL) is used, it must also meet the requirements of the Board’s policy on RPL.
The unit is an investment in your future, and there are many factors to consider prior to enrolling in any program. Please book a consultation with one of our experienced consultants if you need guidance.