Description
Course Overview
The Diploma of Accounting is a comprehensive program designed to provide students with the knowledge and skills required to pursue a career in the field of accounting. This diploma equips students with the fundamental principles and practical techniques necessary to perform accounting tasks and operate effectively within the financial sector.
Throughout the course, students will gain a solid understanding of financial management, taxation, budgeting, and financial reporting. They will develop the skills needed to prepare financial statements, maintain accounting records, and utilise various accounting software applications.
Units of Competency
Pre-Requisites
Prior to commencing this qualification, students will complete the following units of competency from Certificate IV in Accounting and Bookkeeping (FNS40222)(Release 2):
- 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
Core Units (Diploma of Accounting FNS50222)(Release 2)
- BSBTEC402 – Design and produce complex spreadsheets
- FNSACC521 – Provide financial and business performance information
- FNSACC522 – Prepare tax documentation for individuals
- FNSACC523 – Manage budgets and forecasts
- FNSACC524 – Prepare financial reports for corporate entities
- FNSACC526 – Implement and maintain internal control procedures
- FNSACC527 – Provide management accounting information
Elective Units (Diploma of Accounting FNS50222)(Release 2)
- FNSACC413 – Make decisions in a legal context
- BSBTEC301 – Design and produce business documents
- BSBLDR413 – Lead effective workplace relationships
- FNSACC505 – Establish and maintain accounting information systems
Entry Requirements
While there are no formal prerequisites for this course, to ensure you get the most out of your learning experience with us, the following requirements must be met:
- You must be 18 years of age or older at the time of enrolment and must have sufficient English language skills to complete the course.
- You should possess basic technological literacy and have access to the Microsoft Office suite or an equivalent software package.
Course Duration
Students will have a maximum of eighteen (18) months to complete the course via online, self-paced learning.
The course start date is taken as the date students receive the course material. If students do not complete the course within the eighteen (18) month timeframe, the enrolment will be cancelled. Students may apply for an extension for an extra fee. Please refer to the student handbook for details on requesting extensions.
Accounting Software
This course uses the Student Version of the Accounting Software, Xero. Students will have free access to Xero as part of the course.
Nationally Recognised Training
We are nationally accredited by the Australian Skills Quality Authority (ASQA), the national vocational education and training regulator. This means that you are ensured that you will receive a high-quality and standard of training in accordance with the Australian Qualifications Framework. Our courses are nationally recognised, ensuring that your qualification is valued and respected across Australia.
Support
Throughout the course, students have access to a range of support services including email assistance, one-on-one online sessions with trainers, and tailored adjustments where required to support individual learning needs and assessment requirements.
Credit Transfer/RPL
Students are entitled to apply for Credit Transfer for units they have already successfully completed, or Recognition of Prior Learning (RPL) if they can demonstrate relevant skills and experience, ensuring prior achievements are acknowledged and reducing duplication of learning. For more information about Credit Transfer or RPL, please contact us directly and our team will be happy to guide you through the process.
Career Outcomes
The Diploma of Accounting (FNS50222) is a qualification that’s designed to provide students with the skills and knowledge required to work in various accounting roles. Here are some potential career pathways:
- Accountant: Many graduates may find entry-level positions in accounting firms or in the accounting departments of various businesses.
- Accounts Payable/Receivable Clerk: These roles involve managing the money that a company owes to suppliers (accounts payable) or the money that’s owed by customers (accounts receivable).
- Payroll Officer: This role involves managing a company’s payroll, ensuring that employees are paid accurately and on time, and managing related tax and benefit obligations.
- Budget Analyst: Some graduates may work in roles that involve planning and monitoring organisational budgets, working with management to help ensure financial efficiency.
- Audit Assistant: Working under a senior auditor, an audit assistant helps in examining and analysing accounting records to determine financial status and compliance with laws.
- Assistant Accountant: This role supports the accountant by preparing financial statements, managing invoices, budgeting, and more.
- Further Studies: Some graduates might choose to pursue further education such as an Advanced Diploma, Bachelor’s degree, or professional certifications to specialise in a particular area of accounting or finance.
It’s important to note that some roles may require additional experience or further education. However, the FNS50222 Diploma of Accounting provides a solid foundation for more advanced roles in accounting and finance.
International/Overseas Students
Those possessing Subclass 500 visas, or any visas that expire on or before the anticipated course completion date, are not eligible to enrol with AUSCBT.
If any individual with a Subclass 500 visa or a visa that has a conflicting expiration date attempts to register, the enrolment will be cancelled and an administration fee of 25% will be charged to any student attempting to enrol.
