Unit of competency Outline
Date retreived
22/07/2026 1:14 PM AWST
22/07/2026 1:14 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.
Develop and implement policies and procedures relevant to bookkeeping activities
Develop and implement policies and procedures relevant to bookkeeping activities
Unit of competency
National Code
FNSBKG401
FNSBKG401
State Code
AUQ50
AUQ50
TGA Status
Replaced
Replaced
DTWD Status
Replaced
Replaced
State Implementation and Classification
Approved Date
16/09/2015
Field of Education
080101 - Accounting
Original Release Date
16/09/2015
Nominal Hours
55
Description
This unit describes the skills and knowledge required to develop, implement and maintain policies and practices required to ensure the provision of quality service for in-house or contracted bookkeeping activities.It applies to individuals who occupy roles with some responsibility and may use a range of research and organisational techniques to establish and carry out their work requirements in a wide range of industries.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements.
Notes
Elements and Performance Criteria
1. Develop professional working relationship with relevant parties
- 1.1 Clarify business needs and expectations of bookkeeper through clear communication with relevant parties
- 1.2 Determine roles and responsibilities of bookkeeper according to business needs
- 1.3 Identify activities that fall outside role and responsibilities of bookkeeper, and networks of individuals able to carry out activities
- 1.4 Refer business owner to relevant networks for advice and services where applicable
- 1.5 Request feedback on range, type and quality of service to be provided and act on, where applicable
- 1.6 Identify and use relevant ethical principles and practices in all dealings
- 1.7 Implement strategy for regular professional development to ensure ongoing professional practices
2. Carry out research to identify compliance requirements and support materials
- 2.1 Research legislative, statutory, regulatory and industry requirements for carrying out bookkeeping activities
- 2.2 Obtain access to relevant publications and software tools designed to assist in carrying out bookkeeping activities
3. Set up and maintain appropriate systems to meet compliance requirements
- 3.1 Develop systems to support user needs
- 3.2 Develop instructions and guidelines for carrying out relevant daily activities in accordance with compliance requirements
- 3.3 Review and adapt systems as necessary on a regular basis
No information
No information
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| D4069 | FNSBKG401A | Develop and implement policies and procedures relevant to bookkeeping activities | Unit of competency |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| BBH88 | FNSACC408 | Work effectively in the accounting and bookkeeping industry | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| AWB2 | FNS40215 | Certificate IV in Bookkeeping | Qualification |