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Certificate I in Basic Financial Literacy

This qualification is designed to facilitate an understanding of the Australian financial services marketplace and personal financial situations to address the need of increased nationwide financial literacy. The qualification provides learners with the basic skills and knowledge to pursue further learning in a variety of sectors in the financial services industry. It has wide application and may be used in workplaces, schools, adult and community learning organisations or registered training organisations to build the financial literacy of learners. It may also be used as part of pre-vocational or new apprenticeship programs, or as part of services provided by counselling or advisory organisations. It does not have an industry employment outcome. Licensing, legislative, regulatory or certification considerations No licensing, legislative or certification requirements apply to this unit at the time of publication.

Register your interest and we will email you if this qualification opens through a delivering RTO.

Important:RPL it Australia is a student support service. All assessment and qualification issuance is conducted by the delivering Registered Training Organisation. RPL it does not deliver training, conduct assessments, or issue qualifications.

Qualification overview
FNS10120
LevelAQF 1Certificate I
Units66 core, 0 elective
PackageFNSFinancial Services Training Package
AvailabilityNot yet available through RPL it. No delivering RTO, fee or timeline is confirmed yet. Registering interest is not an enrolment and does not guarantee future availability.
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Recognition of Prior Learning

What is an RPL qualification?

Recognition of Prior Learning assesses skills you already have against a nationally recognised qualification. Demonstrate competency, and you receive the same nationally recognised qualification, issued by a registered training organisation (RTO), as someone who completed the full course.

Who is eligible for RPL?

  • You have years of experience in your field
  • You learned the work on the job, through mentoring or on your own
  • You need the qualification for licensing, promotion or migration
  • You hold overseas qualifications you want recognised in Australia
An RPL it team member sorting an electrician's job photos and reference letter into his evidence folder at a ute tailgate on a building site

If This Qualification Opens Through an RTO

  1. Register interest

    Tell us you are interested in FNS10120. There is no commitment or obligation.

  2. Availability confirmed

    We contact you when a suitable delivering RTO and current servicing details are confirmed.

  3. Evidence planning

    If you choose to proceed, we help you understand the workplace evidence an RTO may need to review.

  4. RTO assessment

    Formal assessment and any qualification outcome are handled only by the delivering Registered Training Organisation.

Career Outcomes

Explore Roles Associated with this Qualification

If your current or past work looks like one of these roles, this qualification may suit you.

  • 01

    Financial Services Assistant

    Providing basic administrative support within a financial institution while applying foundational literacy skills.

  • 02

    Entry-level Accounts Clerk

    Assisting with basic data entry and financial record-keeping within a small business environment.

  • 03

    Customer Service Representative (Finance)

    Assisting clients with basic product inquiries using a fundamental understanding of the Australian financial system.

Evidence Checklist

What Suitable Evidence Can Support Your Evidence Portfolio?

Your consultant can help you identify relevant workplace records. The delivering RTO decides whether the evidence is sufficient and current.

Work History & Roles
  • A detailed resume outlining any roles with financial responsibilities
  • Position descriptions for entry-level administrative or clerical work
  • Employment references or letters from supervisors

Budgeting & Savings
  • Personal or household budget spreadsheets and tracking tools
  • Evidence of savings goal setting and achievement records
  • Documentation of managing small-scale accounts or petty cash

Debt & Credit Management
  • Records showing an understanding of consumer credit products
  • Documentation of debt repayment schedules or management
  • Evidence of comparing financial products for personal use

Financial Systems & Taxation
  • Evidence of tax return preparation or basic taxation knowledge
  • Superannuation fund statements and management records
  • Documentation of navigating Australian banking or financial platforms

Training & Education
  • Certificates from community financial literacy workshops
  • Records of pre-vocational training or school-based finance units
  • Attendance records for adult learning financial seminars

Qualfication comparison

RPL and Traditional Study

Two routes to the same qualification, assessed against the same RTO competency standards.

RPL PathwaySupported by RPL it, assessed by the RTO
Traditional StudyDelivered and assessed by the RTO
Starting point
Your existing, current workplace skills and evidence
A planned course of learning and assessment
How competency is shown
Workplace evidence mapped to the qualification requirements
Learning activities, assignments, practical work, and assessment
Assessment decision
Made by a qualified assessor from the delivering RTO
Made by a qualified assessor from the delivering RTO
If gaps are identified
Additional evidence or targeted gap training may be required
Learning and assessment continue through the course structure
Qualification outcome
Issued only when the RTO determines all requirements are met
Issued only when the RTO determines all requirements are met

RPL it Australia reviews

What our clients say

Selected Google reviews. Individual experiences vary. Every applicant is assessed against the same requirements, and some require gap training or additional evidence.

Frequently asked questions

Recognition of Prior Learning, your experience, and your next step.

Got more questions?
Can I apply for this qualification now?

Not yet. The Diploma of Conservation and Ecosystem Management is not currently available through RPL it Australia, and no delivering RTO, fee or timeline is confirmed. Registering interest is not an enrolment and does not guarantee future availability.

What happens after I register my interest?

We keep your details and email you if this qualification opens through a delivering RTO. At that point we explain which RTO would assess you, the fee and the evidence it needs, and you decide whether to go ahead. Registering interest is free and there is no obligation.

Can I start preparing evidence now?

You can start keeping records of your work, such as position descriptions, references and examples of projects you have worked on. The evidence checklist on this page gives examples. The delivering RTO decides what evidence it needs and whether it is sufficient, so what you gather now may not cover everything.

Is there a qualification I can apply for now?

Possibly. The related qualifications on this page are open for applications. You can also start a free skills review and we will tell you whether any qualification that is open now suits your experience.