Diploma of Accounting
This qualification reflects professional accounting job roles in financial services and other industries. It contributes to, but does not encompass, educational requirements for providing tax agent services. A tax agent service is any service that relates to:
ascertaining or advising about the liabilities, obligations or entitlements of an entity under a taxation law; or
representing an entity in their dealings with the Commissioner of Taxation.
A tax agent service includes, but is not limited to, the following:
a Business Activity Statement (BAS) service;
preparing or lodging an approved form about a taxpayer's liabilities, obligations or entitlements under a taxation law;
giving a taxpayer advice about a taxation law that the taxpayer can reasonably be expected to rely upon to satisfy their taxation obligations; or
dealing with the Commissioner on behalf of a taxpayer in relation to a taxation law.
Persons providing a tax agent service must be registered by the Tax Practitioners Board and meet educational and other requirements for registration including a designated period of experience. Persons seeking tax agent registration should check current registration requirements with the Board as this is regularly under review. More information and contact details for the Tax Practitioners Board are provided in the FNS10 Financial Services Training Package Information Kit available from the IBSA website.