Unit of competency Outline

Date retreived
22/07/2026 4:27 PM AWST

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Prepare government returns and reports

Prepare government returns and reports

Unit of competency
National Code
FNSRTS402
State Code
AUS95
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
25/03/2015
View on TGA
State Implementation and Classification
Approved Date
16/09/2015
Field of Education
080101 - Accounting
Original Release Date
16/09/2015
Nominal Hours
15
Description
This unit describes the skills and knowledge required to gather and analyse data to prepare relevant financial and related returns or reports required by government bodies.It applies to individuals who use analytical financial skills and systematically plan and sequence work to develop accurate reports that meet legislative and organisational quality specifications.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. Identify requirements for returns
  • 1.1 Liaise with appropriate personnel to establish type and scope of government return required, and statutory requirements of relevant legislation
  • 1.2 Identify all sources of data for return or report and their timing requirements
2. Plan for provision of returns
  • 2.1 Establish timelines and procedures to meet reporting deadlines and set lead times to ensure adequate time is available, including allowance for contingencies
  • 2.2 Liaise with appropriate personnel to obtain relevant data and information
3. Calculate liability in accordance with government guidelines
  • 3.1 Review and analyse data in relation to liability and prepare spreadsheets as applicable
  • 3.2 Verify data provided to ensure it satisfies obligations in regard to organisational policy and procedures, and compliance and regulatory requirements
4. Prepare return document
  • 4.1 Complete proforma supplied by government departments in accurate, timely and thorough manner
  • 4.2 Forward documents or reports to appropriate personnel for consideration and clearance within specified timeframe
No information
No information
Replaces
State Code National Code Title Type
D4163 FNSRTS402A Prepare government returns and reports Unit of competency