FNS50222 - Diploma of Accounting (Release 2) Duration 52 weeks (12 weeks break inclusive)
CRICOS Course Code: 112760F
This 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. 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.
Licensing, legislative, regulatory or certification considerations
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.
Employment Pathway
Job roles and titles vary across different industry sectors. Possible job titles relevant to this qualification include:
• Budget Officer
• Senior Bookkeeper
• Assistant Accountant
• Senior Accounts Receivable Clerk
• Senior Accounts Payable Clerk
Pathways from the qualification
After completing this qualification, students may articulate into further study Advanced Diploma of Accounting offered by any RTO, or they may have opportunities to continue their studies in Bachelor’s Degree programs offered by Higher Education providers.
Entry Requirements
• [Age Requirement]: Be 18 years old or over
• [Knowledge Requirement]: Students must prove their successful completion of the following units of competency (or their 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 FNSSS00014 Accounting Principles Skill Set (or their equivalent) or FNS40222 Certificate IV in Accounting and Bookkeeping.
• [English Requirement]: For international students, IELTS overall 5.5 or its equivalent (TOEFL/PTE/Cambridge English are acceptable), OR complete Australian ELICOS course at upper intermediate level, OR complete any AQF Certificate IV course (or above) taught in English, OR pass the SIBC English placement test at upper intermediate level (at least 60 points out of 100) unless your nationality is the US, UK, New Zealand, Canada or Ireland.
Delivery and Assessments
This qualification is delivered in an institution-based environment with face-to-face delivery (20 hours per week). The mode of training is highly practical with a combination of in-class learning activity, class demonstration, class tutorial/workshop and self-paced learning. In addition to your face-to-face hours, you will be required to allocate 5 hours per week for structured self-paced learning in your own time.
SIBC draws on a range of assessment methods such as knowledge questions, research tasks, role-plays, case studies and observations. Depending on the unit requirements, a combination of methods is used to ensure collection of sufficient and valid evidence.
You will be required to complete some assessment tasks during your face-to-face hours and in your own time. A total of 5 hours per week is required for completing assessment in your own time.
Course structure
Duration: 40 tuition weeks. (52 Weeks include break) The course consists of 11 units and is clustered into 4 groups in order to be delivered within 4 terms of full-time study load. The term duration is 10 weeks.
Please refer to the unit description on https://training.gov.au/Training/Details/FNS50222.
Note: please refer to the prior to enrolment kit for the course fee, cancel & refund policy, the enrolment term and condition, and the student welfare support service provided.
Core Units
BSBTEC402 | Design and produce 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
BSBLDR413 | Lead effective workplace relationships |
FNSACC505 | Establish and maintain accounting information systems |
BSBTWK503 | Manage meetings |
BSBXCM501 | Lead communication in workplace |
- COURSES
- General English Course (CRICOS Code: 094231G)
- BSB30120 Certificate III in Business (Release 2)
- BSB40120 Certificate IV in Business (Release 1)
- BSB50420 Diploma of Leadership and Management (Release 3)
- BSB60420 Advanced Diploma of Leadership and Management (Release 1)
- BSB80120 – Graduate Diploma of Management (Learning) (Release 1)
- FNS40222 Certificate IV in Accounting and Bookkeeping (Release 2)
- FNS50222 Diploma of Accounting (Release 2)
- FNS60222 Advanced Diploma of Accounting (Release 1)