Skill set Outline
Information current as of
14/09/2026 10:11 PM AWST
14/09/2026 10:11 PM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Advanced Accounting Principles Skill Set
Advanced Accounting Principles Skill Set
Skill set
National Code
FNSSS00015
FNSSS00015
State Code
AD752
AD752
TGA Status
Current
Current
DTWD Status
Approved
Approved
National Endorsed, State Implementation and Classification
AQF Level
Statement of Attainment at Diploma Level
Field of Education
0801 - Accounting
Skillset Type
National
Original TGA Release Date
13/02/2018
Current Release Date
15/06/2022
Current Release Number
2.00
Approved Date
24/05/2022
Nominal Hours
315
Duration
1 Semester
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 2.00 | 15/06/2022 | Current | Approved |
| 1.00 | 13/02/2018 | Replaced | Replaced |
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.
Pathway Information
The units of competency in this skill set provide credit towards:
FNS50222 Diploma of Accounting
FNS50222 Diploma of Accounting
Licensing / Regulatory Information
No licensing, legislative or certification requirements apply to this skill set at the time of publication.
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.
General notes
Schedule
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| OEB80 | FNSACC526 | Implement and maintain internal control procedures | 30 | Unit of competency |
| OED03 | FNSACC523 | Manage budgets and forecasts | 50 | Unit of competency |
| OEC09 | FNSACC524 | Prepare financial reports for corporate entities | 65 | Unit of competency |
| OEB73 | FNSACC522 | Prepare tax documentation for individuals | 70 | Unit of competency |
| OEC93 | FNSACC521 | Provide financial and business performance information | 50 | Unit of competency |
| OED06 | FNSACC527 | Provide management accounting information | 60 | Unit of competency |
