FNS50217
Diploma of Accounting 
 Duration 52 weeks

Licensing/Regulatory Information

Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or 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.

The course is ideal for candidates currently working in bookkeeping and accounting roles, seeking a formal qualification to enhance and confirm their existing knowledge and skills.

This new intermediate accounting qualification introduces students to a wide range of accounting and bookkeeping skills, including the provision of financial and business performance information, preparation of taxation documentation for individuals and the provision of management accounting information. Individuals who complete the course will be able to аррlу solutions to a rаngе оf often соmрlеx problems in their roles, аnd аnаlуzе and evaluate іnfоrmаtіоn frоm a vаrіеtу оf sources. They will be able to аррlу іnіtіаtіvе to plan, coordinate аnd evaluate thеіr own wоrk аnd guіdаnсе tо оthеrѕ wіthіn dеfіnеd guіdеlіnеѕ.

Employability Pathway

This qualification reflects professional 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. 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.

 

Pathways from the qualification

This course has national recognition. From Certificate IV to Diploma, Advanced Diploma and beyond, Sydney Global College nationally recognised Accounting qualifications provide a concise study pathway through to Higher Education.

Entry Requirements

Completion of the following six units, or their equivalent, which constitute the requirements for the FNSSS00014 Accounting Principles Skill Set:

  • FNSACC311 Process financial transactions and extract interim reports
  • FNSACC312 Administer subsidiary accounts and ledgers
  • FNSACC408 Work effectively in the accounting and bookkeeping industry
  • FNSACC416 Set up and operate a computerised accounting system
  • FNSTPB401 Complete business activity and instalment activity statements
  • FNSTPB402 Establish and maintain payroll systems;

OR

Completion of FNS40615 Certificate IV in Accounting or equivalent;

OR

Completion of FNS40215 Certificate IV in Bookkeeping or equivalent.

Packing Rules

Total number of units = 11

6 core units plus

5 elective units

The elective units must be relevant to the work environment and the qualification, maintain the integrity of the AQF alignment, and contribute to a valid industry-supported vocational outcome, and are to be chosen as follows:

  • all 5 units may be chosen from the elective units listed below
  • up to 2 units may be from a Certificate IV, Diploma or Advanced Diploma in any currently endorsed training package or accredited course, provided they do not duplicate the outcome of another unit chosen for the qualification.

Core Unit

CODE
NAME OF UNIT
FNSACC511
Provide financial and business performance information
FNSACC512
Prepare tax documentation for individuals
FNSACC513
Manage budgets and forecasts
FNSACC514
Prepare financial reports for corporate entities
FNSACC516
Implement and maintain internal control procedures
FNSACC517
Provide management accounting information

Electives Units

CODE
NAME OF UNIT
FNSACC505
Establish and maintain accounting information systems
FNSORG505
Prepare financial reports to meet statutory requirements
FNSACC413
Make decisions in a legal context
BSBITU402
Develop and use complex spreadsheets
BSBLDR402
Lead effective workplace relationships