Skill set Outline

Information current as of
12/09/2026 9:27 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.

Commercial Law for Tax Agents Skill Set

Commercial Law for Tax Agents Skill Set

Skill set
National Code
FNSSS00005
State Code
AC940
TGA Status
Current
DTWD Status
Approved
Associated Qualification
Diploma of Accounting
National Code
FNS50222
State Code
BHX1
TGA Status
Current
DTWD Status
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
25/03/2015
Current Release Date
15/06/2022
Current Release Number
2.00
Approved Date
28/09/2022
Nominal Hours
175
Duration
1 Semester
Releases
Release Version Release Date TGA Status DTWD Status
2.00 15/06/2022 Current Approved
1.00 25/03/2015 Replaced Replaced
Description
This skill set describes the skills and knowledge required to meet the Tax Practitioners Board (TPB) educational eligibility requirements for a course in commercial law. The units cover applying legal principles in consumer and contract law, corporations and trust law, and property law.
Pathway Information
The units of competency in this skill set provide credit towards:
FNS50222 Diploma of Accounting
FNS60222 Advanced Diploma of Accounting
Licensing / Regulatory Information
This Skill Set is designed to meet the education eligibility requirements for registration as a tax agent with the TPB. Refer to the TPB website for details www.tpb.gov.au
Target Group
Not applicable.
Suggested words for statement of attainment
This Skill Set from the FNS Financial Services Training Package together, with the appropriate assessment methods as set by the Tax Practitioners Board (TPB), meets the requirements for a course in commercial law for tax agents that is approved by the TPB. Persons seeking tax agent registration should check with the TPB for details of other current registration requirements, including those relating to experience and fitness and propriety.
General notes
Schedule
State Code National Code Title Hours Type
AUT40 FNSTPB503 Apply legal principles in contract and consumer law 55 Unit of competency
AUT53 FNSTPB504 Apply legal principles in corporations and trust law 60 Unit of competency
AUT43 FNSTPB505 Apply legal principles in property law 60 Unit of competency
No information