Skill set Outline
Information current as of
13/09/2026 2:09 PM AWST
13/09/2026 2:09 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.
Commercial Law for Tax (Financial) Advisers Skill Set
Commercial Law for Tax (Financial) Advisers Skill Set
Skill set
National Code
FNSSS00006
FNSSS00006
State Code
AC933
AC933
TGA Status
Current
Current
DTWD Status
Approved
Approved
National Endorsed, State Implementation and Classification
AQF Level
—
Field of Education
—
Skillset Type
National
Original TGA Release Date
25/03/2015
Current Release Date
15/06/2022
Current Release Number
3.00
Approved Date
22/12/2017
Nominal Hours
110
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 | 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 for tax (financial) advisers. The units cover the application of legal principles in commercial law and taxation requirements when providing tax (financial) advice services.
Pathway Information
The units of competency in this skill set provide credit towards:
FNS50222 Diploma of Accounting
FNS60222 Advanced Diploma of Accounting.
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 (financial) adviser with the TPB. Refer to the TPB website for details .
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 (financial) advisers that is approved by the TPB.
General notes
Schedule
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| OEB74 | FNSTPB517 | Apply legal principles in commercial law when providing tax (financial) advice services | 55 | Unit of competency |
| OEB75 | FNSTPB516 | Apply taxation requirements when providing tax (financial) advice services | 55 | Unit of competency |