Diploma of Accounting

Course Code :

FNS50222
CRICOS Code :
110442C

Study Mode:

This qualification is delivered in a Blended Learning approach. 14 Hours/Week Face to Face and 6 Hours/Week Online Structured Self Study. Additional study is required to complete unsupervised, independent work in your own time.

Study Duration:

52 weeks (40 Academic weeks + 12 Weeks Holidays)

Fees Information:

Tuition Fees: 12000
Enrollment Fee: 250
Material Fee: 500

*Student material fees does not include the cost of work book. Student can purchase/ order student work book from SCCM reception if required with additional cost.

Delivery Location:

Level 2, 17-21 Macquarie St Parramatta NSW 2150

Level 1, 303 Pitt St, Sydney 2000, NSW

9 Searcy St, Darwin City, NT, 0800

Level 8, 50 Grenfell St, ADELAIDE, South Australia 5000

This FNS50222 – Diploma of Accounting qualification reflects accounting job roles in financial services and other industries, including tax agents, accounts payable and accounts receivable officers, payroll service providers, and employees performing a range of accounting tasks for organisations in a range of industries.  

Outcome

Requirement

Assessment Method

Recognition of Prior Learning (RPL)

Credit

Pathways

Units of competency

FNSACC522
Prepare tax documentation for individuals
Core
FNSACC524
Prepare financial reports for corporate entities
Core
FNSACC521
Provide financial and business performance information
Core
FNSACC527
Provide management accounting information
Core
FNSACC523
Manage budgets and forecasts
Core
FNSINC611
Apply economic principles to work in the financial services industry
Elective
FNSINC612
Interpret and use financial statistics and tools
Elective
FNSACC526
Implement and maintain internal control procedures
Core
BSBPEF501
Manage personal and professional development
Elective
BSBLDR413
Lead effective workplace relationships
Elective
BSBTEC402
Design and produce complex spreadsheets
Core

How to Apply

Course Code :

FNS50222
CRICOS Code :
110442C

Study Mode:

This qualification is delivered in a Blended Learning approach. 14 Hours/Week Face to Face and 6 Hours/Week Online Structured Self Study. Additional study is required to complete unsupervised, independent work in your own time.

Study Duration:

52 weeks (40 Academic weeks + 12 Weeks Holidays)

Fees Information:

Tuition Fees: 12000
Enrollment Fee: 250
Material Fee: 500

*Student material fees does not include the cost of work book. Student can purchase/ order student work book from SCCM reception if required with additional cost.

Delivery Location:

Level 2, 17-21 Macquarie St Parramatta NSW 2150

Level 1, 303 Pitt St, Sydney 2000, NSW

9 Searcy St, Darwin City, NT, 0800

Level 8, 50 Grenfell St, ADELAIDE, South Australia 5000

Overview

This FNS50222 – Diploma of Accounting qualification reflects accounting job roles in financial services and other industries, including tax agents, accounts payable and accounts receivable officers, payroll service providers, and employees performing a range of accounting tasks for organisations in a range of industries.  

Course Outcome

Individuals in these roles apply solutions to a range of often complex problems, and analyse and evaluate information from a variety of sources. They apply initiative to plan, coordinate and evaluate their own work and provide guidance to others within defined guidelines. 

The latest release of the qualification and packaging rules can be found at the following link: 

https://training.gov.au/Training/Details/FNS50222 

Licensing/Regulatory Information 

Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the relevant regulator for specific guidance on requirements. 

This qualification includes units that comprise an approved Tax Practitioner Board (TPB) course in Australian taxation law and commercial law, which are relevant for registration as a tax agent. Persons seeking registration with the TPB should check current registration requirements with the TPB, as registration requirements are reviewed regularly. 

Course Entry Requirement

  • Year 12 (HSC)
  • Age 18 Years or Above 
  • Academic IELTS 5.5 overall, no less than 5.0 in each band, or upper intermediate, or EAP from approved ELICOS/ESL centre or evidence of completing a VET course at Certificate IV or above the level in Australia. 
  • Students who do not meet the English requirement as above must sit for an LLN Test. 

 

Assessment Strategies

Students are provided with assessment resources at the commencement of each unit of competency, along with learning resources. 

The assessment resources set out the range and types of assessment tasks that will be used for the unit. 

Each unit will comprise of number of assessment tasks which may include short written knowledge tests; discussions; compiling portfolio of evidence; projects; case studies; research; written reports; participating in practical activities such as demonstrations, roleplays and presentations. 

To perform at your best, you will probably need to work on the assessments outside of class time. 

Recognition of Prior Learning

Students who have completed relevant studies or have some of the competencies in the course may apply for Recognition of Prior Learning (RPL). Application for RPL can be made with the initial application or can be made within two weeks of the course commencement using the RPL Application Form and by providing supporting documents. Qualified trainers/assessors will manage the RPL process. 

Please note that RPL cannot result in an international student having less than a full-time load of study (20 hours per week) but can reduce the overall duration of the course and fees. See our Student Handbook and the Student Credit Transfer and Recognition of Prior Learning policy and procedure, for more information. 

 

Credit Transfer

If a Student has an Australian VET qualification and the units are equivalent to the units delivered, the Student will be granted a Direct Credit Transfer.  

Qualified trainers/assessors will manage this process following our Student Credit Transfer and Recognition of Prior Learning policy and procedure. This sets out how the process is administered and the adjustment to course duration and course fees. 

 

Pathways

Education Pathway: 

Students who complete this course may wish to continue their education into the Advanced Diploma of Accounting or into a range of other Advanced Diploma level qualifications. 

Career Pathway: 

Possible job roles relevant to this qualification may include: 

  • Assistant Accountant 
  • Banking Services Manager 
  • Client Manager (Financial Markets) 
  • Credit Manager 
  • Disability Insurance Manager 
  • Financial Planner 
  • Financial Services Manager 
  • General Insurance Supervisor 
  • Insurance Broking Team Leader 

Course Prerequisite Requirement

Prior to commencing this qualification an individual must have completed the following units of competency (or equivalent): 

  • FNSACC321 Process financial transactions and extract interim reports 
  • FNSACC322 Administer subsidiary accounts and ledgers 
  • FNSACC418 Work effectively in the accounting and bookkeeping industry 
  • FNSACC421 Prepare financial reports (this unit is the equivalent version of BSBFIA401 Prepare financial reports). 

These competencies may have been achieved through completion of the following (or their equivalent): 

  • FNSSS00014 Accounting Principles Skill Set 

or  

  • FNS40222 Certificate IV in Accounting and Bookkeeping. 

 

Student Support

All students will be provided with a range of learning support options and resources to help them achieve competency. This includes: 

  • Academic and personal support. 
  • Referral to external support services. 

Course Structure

To be awarded this qualification, competency must be demonstrated in 11 units of competency, consisting of 7 core units and 4 elective units. 

Units of competency

FNSACC522
Prepare tax documentation for individuals
Core
FNSACC524
Prepare financial reports for corporate entities
Core
FNSACC521
Provide financial and business performance information
Core
FNSACC527
Provide management accounting information
Core
FNSACC523
Manage budgets and forecasts
Core
FNSINC611
Apply economic principles to work in the financial services industry
Elective
FNSINC612
Interpret and use financial statistics and tools
Elective
FNSACC526
Implement and maintain internal control procedures
Core
BSBPEF501
Manage personal and professional development
Elective
BSBLDR413
Lead effective workplace relationships
Elective
BSBTEC402
Design and produce complex spreadsheets
Core

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