SC-INC401 – Apply principles of professional practice to work in the financial services industry

In this short course, you will learn will learn how to identify the scope, sectors, and responsibilities of the financial services industry. This includes being able to recognise external elements that influence the financial services sector.  The course will also cover the relevant legislation within the financial services sector and being able to review your own practices to ensure they are in line with organisational policies, guidelines and procedures whilst maintaining a compliant and ethical approach.

This module is part of our Certificate IV in Accounting and Certificate IV in Bookkeeping courses. If you would like to get credit for this module towards your accounting or bookkeeping course, we are able to offer an assessment component to this short course.

The course will also cover policies and strategies in relation to environmental sustainability. You will learn about endorsement and incorporation of the triple bottom line principles in work planning. This will also include the ability to analyse, evaluate and check relevant documents including reports and calculations and discuss your findings with relevant stakeholders.

You will get an understanding of the importance of being a role model, and support the team to identify problems and provide feedback. You will also learn how you can encourage your team to participate and to take responsibility for the tasks to ensure there is no impact on performance.

You will learn how to effectively manage your own time and resources by planning and prioritising tasks, and identifying who in your team as the ability to work autonomously, whilst ensuring you and your team are adjusting to changes in technologies and work procedures in a timely manner.

Finally, the course will cover how to seek professional development opportunities, and identify and review personal development needs and goals.

Manage payroll

Topics covered
  • Establish procedures for the management of payroll
  • Prepare payroll data
  • Authorize the payment of salaries
  • Administer salary records

Develop processes for the management of breaches in compliance requirements

Topics covered
  • Develop procedures for responding to breaches
  • Monitor adherence to compliance requirements
  • Manage the identification and rectification of breaches in compliance
  • Liaise with others during breach management
  • Evaluate the response to and rectification of breaches
  • Document and disseminate breach management activities and outcomes

Manage budgets and financial plans

Topics covered
  • Plan and implement financial management approaches
  • Monitor and control finances
  • Review and evaluate financial management processes

Manage risk

Topics covered
  • Establish risk context
  • Identify and analyse risks
  • Select and implement treatments

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The Dolph team is a proud group of like-minded individuals who care about our students' needs. We are passionate about teaching, and helping you create a better tomorrow for yourself, today.



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