BSBFIA401 Prepare financial reports

Supersededtraining.gov.au: supersededNonEquivalent

The currency period for BSBFIA401 ended on 17 October 2020 — 5 years ago. It names one replacement below, with the equivalence it declares for each.

Transition clockOpen for new enrolmentsClosing to new enrolments soonClosed to new enrolments

For an RTO registered by ASQA, new enrolments are not permitted today, unless ASQA has approved otherwise — for your organisation, for a class of RTOs, or for all RTOs. The one-year point this rule counts from — one year from the date the replacement was included on the National Register — fell earlier, on 19 October 2021. That date is arithmetic, not a day on which this instrument prohibited anything: s 14(1)(a)(i) of the National Vocational Education and Training Regulator (Compliance Standards for NVR Registered Training Organisations and Fit and Proper Person Requirements) Instrument 2025 (F2025L00355) commenced on 1 July 2025 and imposes nothing before then. RTOs registered by VRQA in Victoria or by the TAC in Western Australia are not covered by it.

Learners already enrolled have no fixed deadline: they complete the product and are issued their AQF certification, or transfer to the replacement, in a timely manner (ASQA guidance, read live 25 August 2026).

A second obligation follows from the same fact: under s 7(2)(c) of the same instrument, advertising may refer to a superseded product only while it is on scope and new enrolments are permitted. For an RTO registered by ASQA, new enrolments in this product are not permitted today, so a course page advertising it is not permitted either — and if ASQA approves a later enrolment date, that moves with it.

Sector-wide: the item 14 cut-off, measured across every live scope · the repealed 12-month rule

For an ASQA-registered RTO that does not already hold it, adding BSBFIN401 to scope is a change-of-scope application to ASQA, with a fee set by law: A$200 application fee + A$1,100 assessment fee per application (up to 5 VET courses and 50 units of competency). RTOs registered by a state regulator, and ASQA delegates, sit under other arrangements. Source: NVR Fees Determination 2026, F2026L00814, from 1 July 2026 · read 5 September 2026.

Product type
Unit of competency
Training package
BSB — Business Services Training Package
Currency period ends
17 October 2020
Latest release
Release 1 · 25 March 2015
Supersedes
BSBFIA401A
Superseded by
BSBFIN401 not equivalent

Where the register points next

Each step below is one supersession training.gov.au publishes between two products. The label on the rail is the equivalence the register declares for that step — not our reading of it.

  1. BSBFIA401Superseded — not equivalentPrepare financial reports
  2. not equivalent
  3. BSBFIN401CurrentReport on financial activity

What the register says changed

These are the mapping notes training.gov.au attaches to each supersession, quoted as the register writes them. They are the only public record of what actually changed between two versions.

  • BSBFIA401ABSBFIA401equivalent24 March 2015

    Updated to meet Standards for Training Packages

  • BSBFIA401BSBFIN401not equivalent18 October 2020

    The register records this supersession but attaches no note on what changed.

Official documents on the register

What training.gov.au lists for BSBFIA401 and for its training package BSB (release 8.1), with the name and date the register publishes for each file. We link them; we have not read them, and nothing on this page is taken from their contents.

Is BSBFIA401 on your scope?

This page is the register's record of one product. What it cannot tell you is whether BSBFIA401 sits on your own scope today, or what else on that scope has moved without anyone noticing. Enter your RTO number and we read every product on your live scope against training.gov.au and tell you which ones are superseded and which replacements the register flags not equivalent.

Public code, nothing else. We read your live scope from training.gov.au and answer here — we keep neither the code nor the answer; what remains is the two-minute abuse counter described on our privacy page.

Whether a supersession requires anything of you, and what, sits with you and your regulator. This page maps what the register records; it does not make that judgement. If the difference between an equivalent and a non-equivalent replacement is the question, we wrote it up in equivalent vs not equivalent.

Where BSBFIA401 is used

training.gov.au lists BSBFIA401 inside 29 training products, 1 of them current. Every one of them is below, with the register's own core or elective flag for BSBFIA401 in that product.

Current products 1 listed

CodeTraining productTypeBSBFIA401 is
FNSSS00014Accounting Principles Skill SetSkill setelective

Products no longer current 28 listed

The register still records BSBFIA401 inside these, but it no longer recommends them as current. They are here because a scope history or an old enrolment can still point at them.

CodeTraining productTypeBSBFIA401 is
AUR50116Diploma of Automotive ManagementQualificationelective
BSB40515Certificate IV in Business AdministrationQualificationelective
CPP40507Certificate IV in Property Services (Business Broking)Qualificationelective
CUA40915Certificate IV in Music IndustryQualificationelective
FNS30315Certificate III in Accounts AdministrationQualificationelective
FNS30317Certificate III in Accounts AdministrationQualificationelective
FNS30415Certificate III in Mercantile AgentsQualificationcore
FNS40115Certificate IV in Credit ManagementQualificationelective
FNS40120Certificate IV in Credit ManagementQualificationelective
FNS40215Certificate IV in BookkeepingQualificationcore
Show the remaining 18 products no longer current
CodeTraining productTypeBSBFIA401 is
FNS40217Certificate IV in Accounting and BookkeepingQualificationcore
FNS40615Certificate IV in AccountingQualificationcore
FNS50215Diploma of AccountingQualificationelective
FNS50217Diploma of AccountingQualificationelective
FNS50417Diploma of Payroll ServicesQualificationelective
FNS60215Advanced Diploma of AccountingQualificationelective
SIT40116Certificate IV in Travel and TourismQualificationelective
SIT40316Certificate IV in Holiday Parks and ResortsQualificationelective
SIT40416Certificate IV in HospitalityQualificationelective
SIT40516Certificate IV in Commercial CookeryQualificationelective
SIT40616Certificate IV in Catering OperationsQualificationelective
SIT40716Certificate IV in PatisserieQualificationelective
SIT40816Certificate IV in Asian CookeryQualificationelective
SIT50116Diploma of Travel and Tourism ManagementQualificationelective
SIT50216Diploma of Holiday Park and Resort ManagementQualificationelective
SIT50316Diploma of Event ManagementQualificationelective
SIT50416Diploma of Hospitality ManagementQualificationelective
SIT60316Advanced Diploma of Hospitality ManagementQualificationelective

Source: this product on training.gov.au, Australia's national training register — or go straight to the units it requires. The rule itself is item 14 of F2025L00355, and ASQA publishes the extensions it has granted. Read on 14 October 2026 UTC. Every code, title, date, status and equivalence flag on this page is the register's; nothing here is estimated or inferred, and where the register publishes nothing we say so.

Every BSB training product on the register · Search all training products

Take this with you — one email with this page's clock as the register states it today. Nothing scheduled after it.

No account, no card. Your address gets this one email — no list, no marketing. Cutoff alerts only ever come from a watch you start yourself — the box just records your yes now — and every alert has a one-click stop.

Is BSBFIA401 still on your scope? Type your RTO code and get the free breakdown — every superseded product on your live scope, and whether the register flags each replacement equivalent.

No account, no card. We never ask for anything about your learners. Your address gets this one report — no list, no marketing — and the scope watch only if you tick the box, with one click to stop it.