Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSACCT502B Mapping and Delivery Guide
Prepare income tax returns
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSACCT502B - Prepare income tax returns |
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Description | This unit covers the preparation of income tax returns for individuals in accordance with statutory requirements.This unit covers the preparation of income tax returns for individuals in accordance with statutory requirements. | ||
Employability Skills | The required outcomes described in this unit of competency contain applicable facets of employability skills. The Employability Skills Summary for the qualification in which this unit of competency is packaged, will assist in identifying employability skills requirements.The required outcomes described in this unit of competency contain applicable facets of employability skills. The Employability Skills Summary for the qualification in which this unit of competency is packaged, will assist in identifying employability skills requirements. | ||
Learning Outcomes and Application | This unit requires the application of skills and knowledge required to prepare income tax returns for individuals in accordance with statutory requirements.The unit encompasses gathering and verifying data, calculating taxable income and reviewing compliance.This unit has application to accountants and registered tax agents.This unit requires the application of skills and knowledge required to prepare income tax returns for individuals in accordance with statutory requirements.The unit encompasses gathering and verifying data, calculating taxable income and reviewing compliance.This unit has application to accountants and registered tax agents. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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Prerequisites/co-requisites | Not applicable. | ||
Competency Field |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Gather and verify data |
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Element: Calculate taxable income |
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Element: Review compliance |
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