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Case for Change
The objectives of this project are to align units of competency and qualifications relating to accounting and bookkeeping with industry skills needs.
The qualifications included in the scope of this project are the Certificate III in Accounts Administration (FNS30315), Certificate IV in Bookkeeping (FNS40215), Certificate IV in Accounting (FNS40615), Diploma of Accounting (FNS50215) and Advanced Diploma of Accounting (FNS60215).
The Case for Change for this project was established as a result of initial research and consultations outlined in the Financial Services (FNS) 4 Year Work Plan. PwC’s Skills for Australia prepared the Case for Change for this project on behalf of the Financial Services Industry Reference Committee (FNS IRC) and submitted it to the Australian Industry and Skills Committee (AISC) in October 2016.
The AISC endorsed this project on 17th November 2016.
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Consultation
On behalf of the FNS IRC, PwC’s Skills for Australia carried out industry consultations for this project from January – June 2017. Consultation focused on identifying the key changes to training products required to more closely align training in accounting and bookkeeping with the skills needs of industry.
Download the file below for a summary of the feedback we received, and our key findings based on that feedback.
Following the FNS IRC’s review of our key findings from consultation and the recommendations we proposed for changes to training products, we developed draft training products to address skills gaps in accounting and bookkeeping training.
These draft training products were published for a final round of consultation in early September. We are currently reviewing this feedback and amending draft training products where possible.
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Training Product Development
The Accounting and Bookkeeping project includes the following training products:
The consultation period for feedback on draft training products has now closed.
These training products were independently validated by the Quality Assurance Panel, before we developed a Case for Endorsement for approval by the FNS IRC. This Case for Endorsement was approved by the AISC in the December 2017 meeting.