Latest News
September 2011
Welcome to our September 2011 Edition of the OfficeLink Learning FNS Training Resource Update
FNS10 Product Range
Many RTO’s are currently evaluating which FNS10 qualifications to add to scope or even upgrade to, our FNS10 product range is now available:
http://www.officelinklearning.com.au/pdfdocs/CertificateinFinancialServicesFNS10OrderFormFNS10V1.5.pdf
If you require desktop copies of these FNS10 range please communicate with wayne@officelinklearning.com.au
Suggested FNS10 Pathway
Please see the following link to see the suggested pathway for FNS10
http://www.officelinklearning.com.au/pdfdocs/PathwayforFNS10IIIandIV1.3.pdf
Trainer Information for the Major Differences Between FNS04 Standard Series and FNS10
http://www.officelinklearning.com.au/pdfdocs/FNS10differencesbetweenFNS042.4.pdf
FNSBKG404A Assessment Tool and Marking Guide
We have reviewed the FNSBKG404A BAS & IAS Statements Assessment Tool and Assessor Marking Guide. The FNS04/07 Assessment Tool has not changed since it was first placed into the market; these changes have come from feedback from some Trainers and directly from our Students.
All Trainers and Assessors will need to review the whole tool before use as changes include:
- small text corrections
- revised instructions on tasks in order to set more defined boundaries
- ability for students to prepare a BAS manually without using the MYOB BASLink
- the marking guide will reflect all these changes and more indicators for Trainers to look for
The data file has been rolled over so that the financial year is in 2012. The name of the new files is Floranda V19 2012. It will now be included on Student CD’s from batch 27.
Be sure to use the sign off areas to prove that the assessment has been carried out under supervision. This is important when using the RPL method for BAS Agents as the Tax Practitioners Board requires the unit to be supervised. It is also ideal when delivering via the distance method to be able to guide students in stages so they progress through the tool accurately and supervised.
FNSBKG405A User Guide
Our next big piece of development will be a review on our payroll user guide. We are hoping to have this finalised by the end of October 2011. To date areas for improvement include (but not limited to):
- Long Service Leave
- Reportable Employer Superannuation Contribution (RESC)
- Clarification on payroll processing instructions on page 173 and 177
- Text corrections, screen shot corrections and updates to solutions for pages 190, 210, 258, 317, 319.
- We will also review any web links (but as you know they change without notification)
New Units Under Development Now
Units we have scheduled into our development plan and are estimated to be ready by mid October 2011 are (User Guides, Facilitator Guides, Assessment Tools and Marking Guides):
FNSASIC301C - Establish Client Relationships and Analyse Needs
FNSASIC302C - Develop, Present and Negotiate Client Solutions
FNSFLT201A - Develop and Use a Personal Budget
FNSFLT202A - Develop and Use a Savings Plan
FNSRTS308A - Balance Cash Holdings
FNSRTS305A - Process Customer Accounts
Whilst this is what is available right now, communicate with us if you cannot see a unit that you require on this list and it may be scheduled for development.
On Line FNS10 Units Available Now
| Unit Code | Unit Description |
| BSBCUS301A | Deliver and Monitor a Service to Customers |
| BSBFIA301A/ BSBCMN308A | Maintain Financial Records |
| BSBFIA401A/ BSBADM408A/ FNSICACC306B/ BSBFIA304A | Prepare Financial Reports/ Prepare Financial Reports/ Process Journal Entries/ Maintain a General Ledger |
| BSBITU306A/ BSBWRT301A | Design and Produce Business Documents/ Write Simple Documents |
| BSBOHS303B / BSBOHS201A | Contribute to OHS Hazard Identification and Risk Assessment/Participate in OHS Processes |
| BSBWOR203A | Work Effectively With Others |
| BSBWOR204A | Use Business Technology |
| FNSACC301A | Process Financial Transactions and Extract Interim Reports |
| FNSACC302A/ FNSACM301A/ FNSACM302A/ FNSACM303A | Administer Subsidiary Accounts and Ledgers/ Administer Financial Accounts/ Prepare Match and Process Receipts/ Process Payment Documentation |
| FNSACC303A | Perform Financial Calculations |
| FNSACC403A | Make Decisions in a Legal Context |
| FNSACC404A | Prepare Financial Statements for Non Reporting Entities |
| FNSACC405A | Maintain Inventory Records |
| FNSACC406A | Set up and Operate Computerised Accounting System |
| FNSBKG401A / FNSINC401A | Develop and implement Policies and Procedures Relevant to Bookkeeping Activities/ Apply Principles of Professional Practice to Work in the Financial Service Industry |
| FNSBKG402A | Establish and Maintain Cash Accounting System |
| FNSBKG403A | Establish and Maintain Accrual Accounting System |
| FNSBKG404A | Carry out Business Activity and Instalment Activity Statement Tasks |
| FNSBKG405A | Establish and Maintain Payroll System |
| FNSINC301A | Work Effectively in The Financial Services Industry |
| FNSINC401A | Apply Principles of Professional Practice to Work in the Financial Service Industry |
Document Version Registers
As in our FNS04/07 range of products, we had a Document Version Register; we have commenced one each for the FNS10 User Guides, Facilitator Guides, Assessment Tools and Marking Guides. These are available in our Virtual OfficeLink.
Introducing Sandeep Nellori
OfficeLink Learning is pleased to welcome our new Customer Relations Manger, Sandeep Nellori. Sandeep has a Masters in Accounting and comes with vast MYOB experience having worked with MYOB Australia for 3.5 years.
He is busy updating and maintaining our data base so we can provide you with the most efficient service possible. Using his knowledge gained from his Bachelors of Business (eCommerce), Sandeep is also assisting Wayne to improve our Website and Learning Management System to provide clients with a better online experience.
Contact Sandeep at the office on 03 9588 2802, Monday through Friday 9.00 am to 5.00 pm or via email at:
sandeep@officelinklearning.com.au
We hope you all have a fabulous month ahead and as always welcome your valuable feedback and communication.
From all of the team at OfficeLink Learning
E: wayne@officelinklearning.com.au T: 03 9588 2802
W: www.officelinklearning.com.au/