FNSACC522 - Prepare tax documentation for individuals

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Unit code: FNSACC522 | Study level: TAFE
Footscray Nicholson


This unit describes the skills and knowledge required to prepare income tax returns for individuals in line with statutory requirements. It involves gathering and verifying data, calculating taxable income, and reviewing compliance requirements.The unit applies to individuals who use systematic approaches and follow specific guidelines to ensure compliance requirements are met.


For Melbourne campuses

Assessment tasks will be designed to reinforce & extend knowledge and skill competence within set & controlled parameters in accordance with each units learning outcomes & performance criteria requirements, including the setting of work based practical application tasks designed to provide evidence of competence outcomes, within periodic and scheduled timelines.

Students will be expected to demonstrate the following required skills:

  • prepare income tax documentation for at least two different clients.
    In the course of the above, the candidate must:
  • comply with statutory regulations and requirements
  • provide advice to each client on at least two different tax obligations and gain client approval
  • research, critically evaluate and apply legislative requirements
  • identify client data required to prepare tax documentation
  • prepare client tax documentation that complies with Australian taxation law and Australian Taxation Office (ATO) rulings, accounting principles and practices, organisational policies and procedures.

Required reading

The qualified trainer and assessor will provide teaching and learning materials as required in the form of workbooks produced by the VU Polytechnic and/or via the Victoria University Polytechnic e-Learning system.

As part of a course

This unit is studied as part of the following course(s):

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