Ned's qualification is designed to reflect the job roles of contract bookkeepers and employees performing bookkeeping tasks for organisations in a range of industries. This includes the preparation and lodgement of business and instalment activity statement tasks and the provision of advice or dealing with the Commissioner on behalf of a taxpayer in relation to the 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

BSBITU306 Design and produce business documents

Ned has the skills and knowledge required to design and produce various business documents and publications. This includes selecting and using a range of functions on a variety of computer applications.

FNSINC401 Apply principles of professional practice to work in the financial services industry

Ned has achieved the performance outcomes, skills and knowledge required to identify industry professional approaches to procedures, guidelines, policies and standards, including ethical requirements and model and meet expectations of these in all aspects of work.

FNSBKG401 Develop and implement policies and procedures relevant to bookkeeping activities

Ned has the ability develop, implement and maintain policies and practices to ensure that a quality service is provided in relation to in-house or contracted bookkeeping activities

BSBFIA401 Prepare financial reports

Ned has the performance outcomes, skills and knowledge required to record general journal adjustment entries and to prepare end of period financial reports.

FNSBKG404 Carry out business activity and instalment activity statement tasks

Ned is able to process business taxation requirements related to Business Activity Statements (BAS) and Instalment Activity Statements (IAS), including the completion of Activity Statements.

FNSBKG405 Establish and maintain a payroll system

Ned has the skills and knowledge required to record and prepare payroll documentation, deal with enquiries in regard to payroll, and process payroll from provided data in manual or computerised payroll systems.

BSBWRT301 Write simple documents

Ned is capable of planing, drafting and finalising a basic document.

FNSACC301 Process financial transactions and extract interim reports

Ned has the skills and knowledge required to prepare and process routine financial documents, prepare journal entries, post journals to ledgers, prepare banking and reconcile financial receipts, and extract a trial balance and interim reports.

FNSACC302 Administer subsidiary accounts and ledgers

Ned has accomplished the skills and knowledge required to reconcile and monitor financial accounts receivable systems, identify bad and doubtful debts and plan a recovery action, and remit payments to sundry creditors

FNSACC303 Perform financial calculations

Ned is able to use a range of common calculation methods and techniques for conducting routine financial calculations and transactions.

FNSACC402 Prepare operational budgets

Ned has achieved the skills and knowledge required to prepare and document operational budgets for a variety of organisations.

FNSACC404 Prepare financial statements for non-reporting entities

Ned can develop a range of commonly required financial reports for entities that do not have a statutory duty to file financial reports with government agencies and regulators.

FNSACC406 Set up and operate a computerised accounting system

Ned has attained the skills and knowledge required to modify and operate an integrated computerised accounting system. This is generally under supervision and encompasses processing transactions within the system, maintaining the system, producing reports and ensuring system integrity.