Overview
The Diploma of Accounting course will prepare you for a career in accounting industry. Graduates will be well equipped to pursue successful careers in the financial services and various industries, encompassing roles such as tax agents, payroll service providers, and performing diverse accounting tasks across organisations. The Diploma is delivered by industry skilled educators, including Registered Tax Agents, Certified Practicing Accountants (CPA) and Chartered Accountants (CA).
This course includes subjects approved for registration as a tax agent by the Tax Practitioner Board (TPB).
If you are seeking registration with the TPB, we encourage you to check registration requirements as these are reviewed regularly. More details are available at: .
Qualification: |
Diploma of Accounting FNS50222 |
Next Intake: |
Ongoing
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Course No: |
DP-BT22 |
Campus: |
Face to face classes at ɬÀï·¬Bruce
Flexible learning at:
- ɬÀï·¬Learning Centres - ɬÀï·¬Gungahlin and ɬÀï·¬Tuggeranong
- ɬÀï·¬Library - ɬÀï·¬Reid* and ɬÀï·¬Bruce
*From Semester 2 2025, the location of this course will transition from ɬÀï·¬Reid to the new ɬÀï·¬Woden campus. ɬÀï·¬will provide support for students who will be making the move to Woden. Learn more.
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Duration: |
Full-time - one semester - approximately 20 hours per week
Part-time - two semesters - approximately 10 hours per week |
Cost Info: |
Further information about fees is available at Course fees and assistance
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Indicative Cost: |
$1,394 |
Likely Job Outcome: |
Assistant accountant, budget officer, payroll manager, office manager |
Application Type: |
Portfolio - Standard |
Share: |
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Course information sessions
Scheduled sessions
Portfolio-Standard applications
Location:
Room B201, ɬÀï·¬Reid
Sessions:
- Thursday, 23 January 2025 4:00 PM - 6:00 PM
- Tuesday, 4 February 2025 4:00 PM - 6:00 PM
Timetable Information
To help with the enrolment process print your timetable, or keep the window open, so that you can refer back to it for your course code, course name, and the Course Reference Numbers (CRNs) or Block Code.
Additional Information
- Enrol at the beginning of semester for face-to-face classes
- Most textbooks provided
Portfolio - Standard application
Entry Requirements
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
Skills Recognition
To study any course at ɬÀï·¬(excluding non-accredited training) you must have a Unique Student Identifier (USI).
Literacy Skills Information
We suggest that you will need Australian Core Skills Framework literacy levels of at least 3 across reading, writing, learning, oral communication and, depending on your course of study, numeracy skills to successfully complete this course. If you do not have this level, you can still enrol and seek support to improve your skills or you may prefer to begin with the lower level course. Please visit Foundation Skills.
Transition Information
Qualifications at ɬÀï·¬are regularly updated or replaced to meet current industry needs and maximise your employment opportunities. If this occurs while you are part way through a qualification, you may need to vary your learning to meet the new national requirements. ɬÀï·¬will aim to make this as smooth as possible for you.
Subject Cancellations/Changes
To ensure positive outcomes for all students, ɬÀï·¬may need to cancel or change classes at short notice. ɬÀï·¬will make every effort to inform students as soon as changes are made and will also make every effort to offer alternative arrangements for students to meet the requirements of the subject and complete their qualification. In an unfortunate instance when this cannot be met, you will receive a full refund. Please ensure you maintain current contact details via ɬÀï·¬Self Service or by contacting ɬÀï·¬Student Services at infoline@cit.edu.au.
Subject Information
Complete 11 subjects
Core: Complete all 7
- BSBTEC402 Design and produce complex spreadsheets
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ɬÀï·¬Code: | BUSN551 |
Cost: | Standard $150.00 |
Description: | This unit describes the skills and knowledge required to use spreadsheet software to complete business tasks and produce complex documents.The unit 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.No licensing, legislative or certification requirements apply to this unit at the time of publication. |
Prerequisites: | Nil |
- FNSACC521 Provide financial and business performance information
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ɬÀï·¬Code: | ACCT464 |
Cost: | Standard $120.00 |
Description: | This unit describes the skills and knowledge required to analyse and report on a broad range of financial and business performance information. It involves assessing client needs, analysing data, and preparing advice.The unit 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.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Users are advised to check with the relevant regulatory authorities to confirm those requirements. |
Prerequisites: | Nil |
- FNSACC522 Prepare tax documentation for individuals
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ɬÀï·¬Code: | ACCT465 |
Cost: | Standard $160.00 |
Description: | This unit describes the skills and knowledge required to prepare income tax returns for individuals in line with statutory requirements. It involves gathering and verifying data, calculating taxable income, and reviewing compliance requirements.The unit applies to individuals who use systematic approaches and follow specific guidelines to ensure compliance requirements are met.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. This unit is designed to meet the education requirements of the Tax Practitioners Board (TPB). Users are advised to check with the relevant regulatory authorities to confirm those requirements. |
Prerequisites: | Nil |
- FNSACC524 Prepare financial reports for corporate entities
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ɬÀï·¬Code: | ACCT467 |
Cost: | Standard $140.00 |
Description: | This unit describes the skills and knowledge required to prepare financial reports for a corporate reporting entity according to statutory reporting requirements. This includes compiling and analysing data for the reports.The unit applies to individuals who use specialised knowledge and analytical skills to prepare financial reports that meet specific compliance requirements.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Users are advised to check with the relevant regulatory authorities to confirm those requirements. |
Prerequisites: | Nil |
- FNSACC526 Implement and maintain internal control procedures
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ɬÀï·¬Code: | ACCT468 |
Cost: | Standard $80.00 |
Description: | This unit describes the skills and knowledge required to review corporate governance requirements and implement and monitor internal control operating procedures.The unit applies to individuals who use specialised knowledge and analytical skills to confirm that organisational procedures, compliance and quality requirements are met.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Users are advised to check with the relevant regulatory authorities to confirm those requirements. |
Prerequisites: | Nil |
- FNSACC527 Provide management accounting information
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ɬÀï·¬Code: | ACCT469 |
Cost: | Standard $120.00 |
Description: | 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.The unit applies to individuals who use specialised knowledge and analytical skills to manage complex financial data and develop comprehensive organisational reports.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Users are advised to check with the relevant regulatory authorities to confirm those requirements. |
Prerequisites: | Nil |
- FNSACC523 Manage budgets and forecasts
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ɬÀï·¬Code: | ACCT466 |
Cost: | Standard $80.00 |
Description: | This unit describes the skills and knowledge required to prepare, document, and manage budgets and forecasts. It involves forecasting estimates and monitoring budgeted outcomes.The unit applies to individuals who use specialised knowledge and analytical skills to prepare and manage strategic organisational information.No licensing, legislative or certification requirements apply to this unit at the time of publication. |
Prerequisites: | Nil |
Electives: Complete 4
- FNSACC426 Set up and operate computerised accounting systems
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ɬÀï·¬Code: | ACCT463 |
Cost: | Standard $160.00 |
Description: | This unit describes the skills and knowledge required to establish, operate, and modify an integrated computerised accounting system. This involves processing transactions in the system, maintaining the system, producing reports, and ensuring system integrity.The unit applies to individuals who, within the scope of own responsibility, use specialised knowledge, information technology, and planning and organising skills to establish and maintain an organisational system in service and trading environments.No licensing, legislative or certification requirements apply to this unit at the time of publication. |
Prerequisites: | Nil |
- FNSINC612 Interpret and use financial statistics and tools
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ɬÀï·¬Code: | ACCT473 |
Cost: | Standard $120.00 |
Description: | This unit describes the skills and knowledge required to access, interpret, analyse and record statistical data in the financial services industry. It encompasses producing new statistical information and reports from existing data using a range of tools and processes.It applies to individuals with an understanding of the sources of financial data, and statistical methods and techniques for analysis. It is a base unit on which other skills required for work in the financial services industry can be built. It applies across all sectors of the industry.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Users are advised to check with the relevant state and territory regulatory authorities to confirm those requirements. |
Prerequisites: | Nil |
- FNSTPB503 Apply legal principles in contract and consumer law
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ɬÀï·¬Code: | LEGL215 |
Cost: | Standard $132.00 |
Description: | This unit describes the skills and knowledge required to research, analyse and apply legal principles to provide advice on contract and consumer law implications to clients.
It applies to individuals whose job role involves the application of knowledge of contract and consumer law in the workplace.
Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. This unit is designed to meet educational requirements of the Tax Practitioner Board (TPB). Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements. |
Prerequisites: | Nil |
- FNSACC608 Evaluate organisation's financial performance
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ɬÀï·¬Code: | ACCT425 |
Cost: | Standard $132.00 |
Description: | This unit describes the skills and knowledge required to evaluate returns to operations, determine short-term and long-term needs, and evaluate an organisation’s financial position and performance.
It applies to experienced individuals who use specialised knowledge and skills to evaluate complex financial information and make recommendations relevant to strategic organisational activity.
Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements. |
Prerequisites: | FNSACC501 Provide financial and business performance information FNSACC511 Provide financial and business performance information FNSACC521 Provide financial and business performance information |
Related Courses
More Information
For more information about this course please contact ɬÀï·¬Student Services on (02) 6207 3188 or email infoline@cit.edu.au