Mapping Fns04 To Fns10

MAPPING FNS04 TO FNS10
FNS10 Unit Code and Related units in previous Relationship to FNS04

Title FNS04 Training Package units
FNSACC301A • FNSICACC304B New unit that supersedes the
Process financial Prepare and bank three previous Account
transactions and extract receipts Management units. No direct
interim reports • FNSICACC306B one to one equivalence to
Process journal individual previous units so
entries RPL against all three
• FNSICGEN305B required to award the FNS10
Maintain daily unit.
financial/business
records
FNSACC302A Administer • FNSICACC301B New unit that supersedes the
subsidiary accounts and Administer accounts two previous Account
ledgers payable Management units.
• FNSICACC307B No direct one to one
Reconcile and equivalence to individual
monitor accounts previous units so RPL
receivable against all two required to
award the FNS10 unit.
FNSACC303A Perform None New unit
financial calculations
FNSACC403A FNSACCT404B Updated content plus new
Make decisions in a legal Make decisions in a legal unit format and code
context context changed to retain sequence
of unit group
FNSACC404A FNSACCT405B Prepare Updated content plus new
Prepare financial statements financial Statements unit format and code
for non-reporting entities changed to retain sequence
of unit group
FNSACC405A Maintain FNSACCT406B Maintain Updated and revised to
inventory records asset and inventory records cover inventory only
Set up and operate a Set up and operate a unit format and code
computerised accounting computerised accounting changed to retain sequence
system system of unit group
FNSBKG404A FNSBKPG404A Updated content plus new
Carry out business activity Carry out business activity unit format and coding
and instalment activity and instalment activity change
statement tasks Statement tasks
FNSBKG405A Establish and FNSBKPG405A Establish Updated content plus new
maintain a payroll system and maintain a payroll unit format and coding
system change
FNSINC301A FNSICIND301B Revised content to cover
Work effectively in the Work in the financial services sustainability and team
financial services industry industry working and re-coded
FNSINC401A FNSICIND401B Revised content to cover
Apply principles of Apply principles of sustainability and team
professional practice to work professional practice to work working and re-coded
in the financial services in the financial services
industry industry
FNSACM301A Administer FNSICACC302B Administer Updated content plus new
financial accounts financial accounts unit format and coding
change
FNSACM302A Prepare, FNSICACC303B Prepare, Updated content plus new
match and process receipts match and process receipts unit format and coding
change
FNSACM303A Process FNSICACC305B Process Updated content plus new
payment documentation payment documentation unit format and coding
change
FNSBKG401A Develop and FNSBKPG401A Develop and Updated content plus new
implement policies and implement policies and unit format and coding
procedures relevant to practices relevant to change
bookkeeping activities bookkeeping activities
maintain a cash accounting and maintain a cash unit format and coding
system accounting system change
maintain an accrual and maintain an accrual unit format and coding
accounting system accounting system change
FNSBKG404A FNSBKPG404A Updated content plus new
Carry out business activity Carry out business activity unit format and coding
and instalment activity and instalment activity change
statement tasks Statement tasks
Provide financial and Provide financial and unit format
business performance business performance
information information
FNSACC502A FNSACCT502B Updated and code and title
Prepare income tax returns Prepare income tax returns changed
for individuals
Manage budgets and Establish and manage changed
forecasts budgets and forecasts
Prepare financial reports for Prepare financial reports for changed
corporate entities a reporting entity
FNSACC505A Establish and FNSACCT505B Updated content plus new
maintain accounting Establish and maintain unit format
information systems accounting information
systems
FNSACC506A Implement FNSACCT506B Updated content plus new
and maintain internal control Implement and maintain unit format
procedures internal control procedures
Provide management Provide management unit format
accounting information accounting information
FNSACC607A Evaluate FNSACCT607B Evaluate Updated content plus new
business performance business performance unit format
FNSACC604A Monitor FNSACCT604B Updated content plus new
corporate governance Monitor corporate unit format
activities governance activities
FNSINC601A None New Unit
Apply economic principles to
work in the financial services
industry
FNSINC602A None New unit
Interpret and use financial
statistics and tools
Prepare complex tax returns Prepare complex tax returns changed
and lodgements
Audit and report on financial Audit and report on financial unit format
systems and records systems and records
tax plans and evaluate tax Implement tax plans and unit format
compliance evaluate tax compliance
organisational improvement Implement organisational unit format
programs improvement programs
FNSACC606A Conduct FNSACCT606B Updated content plus new
internal audit Conduct internal audit unit format
FNSACC608A Evaluate FNSACCT608B Updated content plus new
organisation’s financial Evaluate organisation’s unit format
performance financial performance
FNSACC609A Evaluate FNSACCT609B Updated content plus new
financial risk Evaluate financial risk unit format
FNSACC610A Develop and FNSACCT610B Updated content plus new
implement financial Develop and implement unit format
strategies financial strategies
FNSACC611A Implement an FNSACCT611B Updated content plus new
insolvency program Implement an insolvency unit format
program
reconstruction plan Implement reconstruction unit format
plan
Prepare and analyse Prepare and analyse unit format
management accounting management accounting
information information
FNSACC614A FNSACCT614B Prepare Updated content plus new
Prepare complex corporate complex corporate financial unit format
financial reports reports
FNSORG506A FNSICORG517B Prepare Updated content plus new
Prepare financial forecasts financial forecasts and unit format and coding
and projections projections change
FNSORG505A FNSICORG516B Prepare Updated content plus new
Prepare financial reports to financial reports to meet unit format and coding
meet statutory requirements statutory requirements change

Mapping Fns04 To Fns10

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Mapping Fns04 To Fns10

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MAPPING FNS04 TO FNS10

FNS10 Unit Code and Related units in previous Relationship to FNS04

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