Case Study - From baker to BAS Agent!

Youare a qualified baker but have decided thatnow after 20 yearsofbaking,you would like a career change. You have decided that you would like to become bookkeeper and a registered BAS Agent (....you think that you can make more'dough'as a BAS Agent...that's a bookkeepers joke....get it?J)

You have conducted some research as to what is required to become a bookkeeper and registered BAS Agent.Sources such as bookkeepers' professional associations and the Tax Practitioners Board (TPB) have identified the following key requirements necessary for you to pursue this career:

Personal characteristics:

Well organised

Meets deadlines

Be able to multi-task.

Works well with people

A good listener

Good mathematical and financial aptitude

Professional requirements:

Hold a Certificate IV in bookkeeping or accounting

Havecompleted a TPB approved course in basic GST/BAS taxation principles

Have1,400 hours of relevant experience in the past four years.

Be a 'fit and proper person'

Have appropriate professional indemnity insurance when practicing as a BAS Agent

Good computer skills especially for preparing payroll and activity statements.

Bookkeeping is not completely new to you, as for many years you helped prepare the books for the bakeryand alsohelped some other businesses located nearby.Your knowledge isonlybasic.

Howeveryou do not have any formal academic bookkeeping qualifications.

In regard toyou personally, yourbakerycolleaguesand customers, have repeatedly stated that you are a nice personwho is honest and hard-working. They say you work well with others and that you communicate clearly. They say you are good listener and that you have good mathematical skills and a strong appreciation of financial matters. However they, have also stated that you are bit disorganised,you are unable to do more than one thing at a time,that your paper workisnot well sorted and that you have a tendency to missdeliverydates,timesand deadlines.Also, they say you have'no idea'about how to use business software on the computer.

You value their feedback and you totally agree with their opinions.

Finally, you arereally excitedabout your new career plans. You have set yourself a target date to have completed your Certificate IV qualification,have gained the relevant experienceand to haveachievedTPB registration as a BAS Agent, allwithin the next2 years.

Required:

Q17a.Using thebackground information provided in the Case Study (above),extract and list the requirements tocomplete thefollowing table. This will help youidentify your personal and professional learning and development needs and skills gaps relevant to the role of a bookkeeper and registered BAS Agent.List the requirements and whether you have these or not (refer to Case Study).

Requirement

Yes,I have this.

(tickif applicable)

No, I need this.

(tickif applicable)

Personal characteristics:

Professional requirements:

Document Name:BSBWOR301Assignment

Version:20200728

Modified by: Compliance

Modified on:28/07/2020

Page2of2

Q17b.You have identified yourpersonal learning and professional development needs and skill gapsin Q17a (above).

You are now required to identify,prioritiseand plan opportunities for undertaking skill development activities in liaison with work groups and relevant personnel.

Required:

Fill outthe learning table schedule (below).Choose3 personal and 3 professional development areas then for each of these just choose 1 learning strategyand complete therelated informationfor eachin the other columns.

One (1) 'Learning Required'has already beenenteredas an example; you need to complete all columns. Then list other learnings required.

Tip: Review chapter 3.2of your textbook, especially steps 2, 3 and 4 to assist you.

Learning Required

Learning Strategy

KPI

Person

Resources

Start Date

End Date

Personal characteristics:

Needs to be well organised

Professional requirements:

Hold a Certificate IV in bookkeeping or

Case Study - From baker to BAS Agent!

Youare a qualified baker but have decided thatnow after 20 yearsofbaking,you would like a career change. You have decided that you would like to become bookkeeper and a registered BAS Agent (....you think that you can make more'dough'as a BAS Agent...that's a bookkeepers joke....get it?J)

You have conducted some research as to what is required to become a bookkeeper and registered BAS Agent.Sources such as bookkeepers' professional associations and the Tax Practitioners Board (TPB) have identified the following key requirements necessary for you to pursue this career:

Personal characteristics:

Well organised

Meets deadlines

Be able to multi-task.

Works well with people

A good listener

Good mathematical and financial aptitude

Professional requirements:

Hold a Certificate IV in bookkeeping or accounting

Havecompleted a TPB approved course in basic GST/BAS taxation principles

Have1,400 hours of relevant experience in the past four years.

Be a 'fit and proper person'

Have appropriate professional indemnity insurance when practicing as a BAS Agent

Good computer skills especially for preparing payroll and activity statements.

Bookkeeping is not completely new to you, as for many years you helped prepare the books for the bakeryand alsohelped some other businesses located nearby.Your knowledge isonlybasic.

Howeveryou do not have any formal academic bookkeeping qualifications.

In regard toyou personally, yourbakerycolleaguesand customers, have repeatedly stated that you are a nice personwho is honest and hard-working. They say you work well with others and that you communicate clearly. They say you are good listener and that you have good mathematical skills and a strong appreciation of financial matters. However they, have also stated that you are bit disorganised,you are unable to do more than one thing at a time,that your paper workisnot well sorted and that you have a tendency to missdeliverydates,timesand deadlines.Also, they say you have'no idea'about how to use business software on the computer.

You value their feedback and you totally agree with their opinions.

Finally, you arereally excitedabout your new career plans. You have set yourself a target date to have completed your Certificate IV qualification,have gained the relevant experienceand to haveachievedTPB registration as a BAS Agent, allwithin the next2 years.

Required:

Q17a.Using thebackground information provided in the Case Study (above),extract and list the requirements tocomplete thefollowing table. This will help youidentify your personal and professional learning and development needs and skills gaps relevant to the role of a bookkeeper and registered BAS Agent.List the requirements and whether you have these or not (refer to Case Study).

Requirement

Yes,I have this.

(tickif applicable)

No, I need this.

(tickif applicable)

Personal characteristics:

Professional requirements:

Document Name:BSBWOR301Assignment

Version:20200728

Modified by: Compliance

Modified on:28/07/2020

Page2of2

Q17b.You have identified yourpersonal learning and professional development needs and skill gapsin Q17a (above).

You are now required to identify,prioritiseand plan opportunities for undertaking skill development activities in liaison with work groups and relevant personnel.

Required:

Fill outthe learning table schedule (below).Choose3 personal and 3 professional development areas then for each of these just choose 1 learning strategyand complete therelated informationfor eachin the other columns.

One (1) 'Learning Required'has already beenenteredas an example; you need to complete all columns. Then list other learnings required.

Tip: Review chapter 3.2of your textbook, especially steps 2, 3 and 4 to assist you.

Learning Required

Learning Strategy

KPI

Person

Resources

Start Date

End Date

Personal characteristics:

Needs to be well organised

Professional requirements:

Hold a Certificate IV in bookkeeping or accounting