Skill set Outline
Information current as of
12/09/2026 11:36 AM AWST
12/09/2026 11:36 AM 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.
Accounting Principles Skill Set
Accounting Principles Skill Set
Skill set
National Code
FNSSS00014
FNSSS00014
State Code
AD753
AD753
TGA Status
Current
Current
DTWD Status
Approved
Approved
National Endorsed, State Implementation and Classification
AQF Level
Statement of Attainment at Certificate IV 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
3.00
Approved Date
24/05/2022
Nominal Hours
380
Duration
1 Semester
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 3.00 | 15/06/2022 | Current | Approved |
| 2.00 | 06/09/2018 | Replaced | Replaced |
| 1.00 | 13/02/2018 | Replaced | Replaced |
Description
This skill set addresses the skills and knowledge required to apply accounting principles in accounting and bookkeeping job roles in a variety of industries which involve a range of analytical tasks.
Pathway Information
The units of competency in this skill set provide credit towards the qualification below and others that allow for selection of these units.
FNS40222 Certificate IV in Accounting and Bookkeeping
FNS40222 Certificate IV in Accounting and Bookkeeping
Licensing / Regulatory Information
Work functions in the occupational areas where this skill set may be used are subject to regulatory requirements. Users are advised to check with the relevant regulatory authorities to confirm those requirements.
Target Group
These units of competency from the FNS Financial Services Training Package meet industry requirements for individuals who apply accounting principles when performing a range of analytical tasks in a variety of industries.
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 accounting principles to perform a range of analytical tasks in a variety of industries.
General notes
Schedule
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| OED00 | FNSACC322 | Administer subsidiary accounts and ledgers | 40 | Unit of competency |
| OEB76 | FNSTPB411 | Complete business activity and instalment activity statements | 60 | Unit of competency |
| OEC85 | FNSTPB412 | Establish and maintain payroll systems | 50 | Unit of competency |
| OED08 | FNSACC421 | Prepare financial reports | 45 | Unit of competency |
| OEB96 | FNSACC321 | Process financial transactions and extract interim reports | 60 | Unit of competency |
| OEB92 | FNSACC426 | Set up and operate computerised accounting systems | 70 | Unit of competency |
| OEC82 | FNSACC418 | Work effectively in the accounting and bookkeeping industry | 55 | Unit of competency |