FNS50217 DIPLOMA OF ACCOUNTING

FACULTY OF

FINANCE

 

FNS50217

097792E

29 weeks

Assistant accountant; finance sector supervisor

A learning pathway utilising qualifications such as Advanced  Diploma of Accounting would support career progression.

Main Campus

COURSE CODE:
CRICOS CODE:
COURSE LENGTH:
CAREER OUTCOMES:
ARTICULATION PATHWAY:
CAMPUS:

OVERVIEW

BUILD ON YOUR ACCOUNTING KNOWLEDGE BY CHOOSING IMAGINE EDUCATION’S DIPLOMA OF ACCOUNTING, AND LEARN THE VITAL SKILLS NEEDED TO BUILD A SUCCESSFUL CAREER IN THIS EXCITING AND GROWING INDUSTRY!

Students who have completed Imagine Education’s Certificate IV in Accounting and Bookkeeping may choose to continue their studies with our 29-week Diploma of Accounting. This course builds on the basic accounting principles studied in the Certificate IV in Accounting and Bookkeeping course to more advanced concepts.

 

You will learn how to maintain accounting information systems, report on business performance, and develop business plans. You will learn skills vital to accounting professionals such as workplace health and safety, budgets, spreadsheets, internal controls, payroll and tax documentation for individuals.

 

Once you have graduated you may wish to use your Diploma as a pathway to an undergraduate qualification at an Australian university*, continue your study with Imagine Education’s Advanced Diploma of Accounting, or begin your career in such roles as budget analyser, financial controller, or registered tax agent.

 

*This Diploma is a pathway to university but does not automatically qualify you for entrance into a university.

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.

 

Persons providing a business activity statement (BAS) service for a fee or other reward must be registered by the Tax Practitioners Board (TPB) and this qualification is currently cited as meeting the TPB education requirements for registration. Other conditions apply, including a designated period of experience. Persons seeking BAS agent registration should check current registration requirements with the TPB, as registration requirements are reviewed regularly.

TIMETABLE

TUTORIAL DAY

Tuesday

8:30am - 4:30pm

(Attendance is recorded)

RESEARCH DAY

Day to be determined by your trainer;

 Monday, Wednesday, Thursday or Friday

8:30am - 4:30pm

(Attendance is recorded)

DISTANCE EDUCATION

5 hours 

per week

* Please note; Course timetables are subject to change

 
 

ENTRY REQUIREMENTS

Students need to be 15 years old and are required to have reading, writing and comprehension skills equivalent to Year 10 pass level to successfully complete the Certificate level courses.

Overseas students English Proficiency Level will be tested prior to the commencement of Vocational Education and Training Courses. Imagine Education Australia requires an IELTS 5.5 with no band less than 5, or equivalent (as determined by Imagine Education Australia).

Should you feel you may not possess these literacy skills or have not completed a formal leaving certificate please contact us to discuss support arrangements.

 

Completion of FNSSS00014 Accounting Principles Skill Set OR Completion of FNS40615 Certificate IV in Accounting (or equivalent) OR Completion of FNS40215 Certificate IV in Bookkeeping (or equivalent) OR Completion of FNS40217 Certificate IV in Accounting and Bookkeeping.

 

COURSE UNITS

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FNSACC511 Provide financial and business performance information

This unit describes the skills and knowledge required to analyse and report on a broad range of financial and business performance information. It encompasses assessing client needs, analysing data, and preparing advice.

It applies to individuals who, in line with their level of authority, use specialised knowledge, systematic approaches, and analytical techniques to research and prepare customised information for clients.

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FNSACC512 Prepare tax documentation for individuals

This unit describes the skills and knowledge required to prepare non-complex income tax returns for individuals in line with statutory requirements. It encompasses gathering and verifying data, calculating taxable income, and reviewing compliance requirements.

It applies to individuals who use systematic approaches and follow specific guidelines to ensure compliance requirements are met.

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FNSACC513 Manage budgets and forecasts

This unit describes the skills and knowledge required to prepare, document, and manage budgets and forecasts. It encompasses forecasting estimates and monitoring budgeted outcomes.

It applies to individuals who use specialised knowledge and analytical skills to prepare and manage strategic organisational information.

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FNSACC514 Prepare financial reports for corporate entities

This unit describes the skills and knowledge required to prepare financial reports for a corporate reporting entity. It encompasses compiling and analysing data and meeting statutory reporting requirements.

It applies to individuals who use specialised knowledge and analytical skills to prepare financial reports that meet specific compliance requirements.

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FNSACC516 Implement and maintain internal control procedures

This unit describes the skills and knowledge required to review corporate governance requirements, implement internal control operating procedures, and monitor associated policy.

It applies to individuals who use specialised knowledge and analytical skills to ensure organisational procedures, compliance and quality requirements are met.

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FNSACC517 Provide management accounting information

This unit describes the skills and knowledge required to gather, record and analyse operating and cost data, prepare budget reports, and review costing system integrity to calculate and record the costs of products and services.

It applies to individuals who use specialised knowledge and analytical skills to manage complex financial data and develop comprehensive organisational reports.

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FNSACC505 Establish and maintain accounting information systems

 This unit describes the skills and knowledge required to identify and record system requirements, evaluate alternative systems and acceptance test systems, prepare system documentation, implement reporting systems and records, monitor systems and review reporting procedures.

It applies to experienced individuals who use specialised technical knowledge, systematic approaches and analytical skills to effectively establish an organisational system.

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BSBWHS521 Ensure a safe workplace for a work area

This unit describes the skills and knowledge required to establish, maintain and evaluate an organisation’s work health and safety (WHS) policies, procedures and programs in a work area to ensure a safe workplace, according to WHS legislative requirements. It takes a systems approach and addresses compliance with relevant legislative requirements.

The unit applies to those working in a range of contexts who have, or are likely to have, responsibility for WHS as part of their broader management role. It is relevant for people with obligations under WHS laws, for example persons conducting a business or undertaking (PCBUs) or officers, as defined by WHS laws.

NOTES

1. The terms ‘occupational health and safety’ (OHS) and ‘work health and safety’ (WHS) are equivalent, and generally either can be used in the workplace. In jurisdictions where model WHS laws have not been implemented, registered training organisations (RTOs) are advised to contextualise this unit of competency by referring to existing WHS legislative requirements.

2. The model WHS laws include the model WHS Act, model WHS Regulations and model WHS Codes of Practice. See Safe Work Australia for further information.

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BSBRSK501 Manage risk

This unit describes skills and knowledge required to manage risks in a range of contexts across an organisation or for a specific business unit or area in any industry setting.

It applies to individuals who are working in positions of authority and are approved to implement change across the organisation, business unit, program or project area. They may or may not have responsibility for directly supervising others.

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BSBXCM501 Lead communication in the workplace

This unit describes the skills and knowledge required to lead communication in the workplace within any industry.

This unit has a specific focus on the communication skills required for team leaders with responsibility for other workers.

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BSBTEC402 Design and produce complex spreadsheets

This unit describes the skills and knowledge required to use spreadsheet software to complete business tasks and produce complex documents.

It applies to individuals employed in a range of work environments who require skills in creation of complex spreadsheets to store and retrieve data. They may work as individuals providing administrative support within an enterprise, or may be independently responsible for designing and working with spreadsheets relevant to their own work roles.