FNS50222 Diploma of Accounting
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
FNS50222 Entry Requirements
The formal entry requirements as set by the training package are as follows:
- FNSACC321 Process financial transactions and extract interim reports, and
- FNSACC322 Administer subsidiary accounts and ledgers, and
- FNSACC418 Work effectively in the accounting and bookkeeping industry, and
- FNSACC421 Prepare financial reports; or
- FNSSS00014 Accounting Principles Skill Set; or
- FNS40222 Certificate IV in Accounting and Bookkeeping.
Clients must demonstrate Language, Literacy and Numeracy skills in line with AQF qualification level demands and ACSF skill level. Each client will undergo an LLN assessment during the application process.
Learning (ACSF Level 5), reading (ACSF Level 4), writing (ACSF Level 3), oral communication (ACSF Level 3) and numeracy (ACSF Level 4) are desirable to participate in the course. ACSE administers an LLN test based on the desirable ACSF levels.
Clients must also have access to:
- A PC or equivalent capable of processing and operating MYOB
- Internet connection
FNS50222 Course Structure
To achieve this qualification FNS50222 Diploma of Accounting, the candidate must demonstrate competency in 11 units of competency (7 core and 4 electives) which are listed below:
Core Units:
- 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:
- FNSACC601 Prepare and administer tax documentation for legal entities
(Pre-requisite: FNSACC522 Prepare tax documentation for individuals) - FNSACC607 Evaluate business performance
(Pre-requisite: FNSACC521 Provide financial and business performance information) - FNSINC612 Interpret and use financial statistics and tools
- FNSTPB516 Apply taxation requirements when providing tax (financial) advice services
FNS50222 Mode of Delivery
FNS50222 Diploma of Accounting is an online self-paced course. Students will receive a unique student login at enrolment and be able to access all learning and assessment materials through the Student Portal. Students are provided with an induction to the course, to outline the learning and assessment processes, support services and other relevant information. Students will be allocated an online trainer/assessor who they need to communicate with regularly throughout the duration of their training. The online trainer/assessor is there to:
- Provide guidance and tuition
- Check on progress at least once a month and for a total of one hour per unit at a minimum (phone, email, Skype, Google Hangouts).
- Mark assessments and provide feedback.
- Be a point of contact for grievances or personal problems that may be experienced.
Students will be required to complete formative activities and summative assessment as they progress, using the Learner Guides, Assessment Workbooks and Learner Exercise Files provided to them. Aside from the IT and Software requirements mentioned previously, all other learning material is provided to the student.
Students will submit work through the Student Portal or email to their trainer/assessor for marking. Submitted work will be marked within 5 days and feedback provided and results entered by the trainer/assessor using the trainer portal.
FNS50222 Course Material
You will be provided access to learning materials including:
FNS50222 Payment Options
Fees are payable when you receive your confirmation of enrolment and invoice for the enrolment fee. Fees must be paid within 5 days of receiving this notification from ACSE. We may cancel an enrolment or discontinue training if fees are not paid as required. Payment methods include direct deposit, cheque or credit card via Pay Pal.
Payment can be made in instalments as well. Please contact our student coordinator to ask about instalment options.
This course may be funded through the ACT Skilled Capital* training initiative. Places are limited so enquire now.
FNS50222 Outcomes
This qualification provides opportunity in roles like:
- Assistant Accountant
- Senior Payroll Officer
Other Courses:
Let’s Get Started
Fill out the form below and one of our Student Admissions Advisors will get in touch with you to guide you through enrolling for this program and answer any questions you have.