Course Title: Prepare complex tax returns and lodgements

Part B: Course Detail

Teaching Period: Term1 2009

Course Code: ACCT5266C

Course Title: Prepare complex tax returns and lodgements

School: 650T TAFE Business

Campus: City Campus

Program: C6072 - Advanced Diploma of Accounting

Course Contact : Bruce Phillips

Course Contact Phone: +61 3 99255735

Course Contact

Name and Contact Details of All Other Relevant Staff

Nominal Hours: 60

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Pre-requisites and Co-requisites

FNS ACCT 502B Prepare Income Tax Returns

Course Description

This unit covers the competency to analysr taxation related data and prepare complex tax returns and lodgements.

National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

FNSACCT601B Prepare complex tax returns and lodgements

Learning Outcomes

The student should be competent at preparing a range of basic returns, and demonstrate employability skills.

Details of Learning Activities

The activities centre around doing problems, problem solving, doing assignments, working in teams, developing a broad understanding of how to prepare tax returns for partnerships, trusts, companies , and superannuation funds. There are important time management skills involved in lodging assignments by due dates, thus learning the skills required in tax return lodgement.

Teaching Schedule






 1 Feb 9 Intro to Tax Agents. Partnership introduction, difference between common law & tax Law  
 2 16 Partnership distribution statements, reconciliations  
 3 23 Partnerships uncontrolled income, & structural changes  
 4 Mar 2 Trusts-introduction, terminology, assessment rules  
 5 9 Trusts-assessment rules,& exercises  
 6 16 Income of minors, tax-effective distributions to inter-vivos trusts  
 7 23 Introduction, revisionfor test  
 8 30 Test 1 Test 1 40% 
 9 Apr6 Companies & reconciliations  
 10 20 Companies  reconciliations & company losses  
 11 27 Companies & Franking accounts

 Primary producers
assignment out

 12 May 4 Primary producers- livestock accounts  
 13 11 Primary producers- special concessions  
 14 18 Primary producers- averaging tax offset  
 15 25 Introduction to superannuation funds Assignment due
 16 June 1 Test 2 Test 2    40% 
 17 8 Resits and resubmissions  
 18 15 Feedback courses, tests, competencies  

Learning Resources

Prescribed Texts

Australian Income Tax 2009     Alan Kirby & Garry Kirby


Australian Income Tax 2009 Answer Book  By Alan kirby & Garry Kirby

Other Resources

Notes as supplied by instructor

Overview of Assessment

A student must demonstrate a clear understanding of all elements of the required competencies to be deemed competent.

Assessment may include a variety of  methods including tests, workbooks, assignments, presentations, class exercises, etc.

Formative feedback is provided throughout the course. This occurs by the teacher providing information to the student to inform them how they are succeeding in the course, and areas that they require more work to succeed. Formative feedback is not a piece of assessment that contributes to the student’s final result.

Test 1 40%, Test 2 40 %, assignment worth 20% these being all summative assessment.

Assessment Tasks

Test 1                           40%

Test 2                           40%

Assignment                20%



Assessment Matrix

Course Overview: Access Course Overview