CRICOS Course Code: 097330B

FNS50217 Diploma of Accounting

Course Description

Accounting is described as the process of recording, anaylsing, and summarising financial data. It is an incredibly robust and secure industry said to attract individuals with great organisational skills and a high understanding of mathematical processes and applications.

The primary function of an accountant is to prepare and examine a company’s financial records, tax and business efficiency. Build upon your current accounting skills and gain a solid understanding of tax preparation, budget management and forecasts, accounting information systems and internal control procedures with this Diploma.

Licensing/Regulatory Information

Work functions in the occupational areas where this qualification 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.

This qualification includes units that comprise an approved Tax Practitioner Board (TPB) course in Australian taxation law and commercial law. Persons seeking registration with the TPB should check current registration requirements with the Board.

Possible Career Outcomes

  • Assistant Accountant
  • Senior Financial Clerk
  • Bookkeeper
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This course only available to International Students

Course at a Glance

  • Duration

    52 Weeks
  • Start Date

    Various intake and start dates available. Contact us for more information.
  • Study Mode

    Blended (Predominately
    Face-to-Face and Online)
  • Study Location

    New South WalesQueensland
  • Campus Location

    Fitzwilliam Street, Parramatta
    Brisbane

Entry Requirements

Students must meet the following requirements and prerequisite to enter this course. Students must be of 18 years of age at the time of course commencement.

Students must provide academic evidence of satisfactory completion of Year 11 or equivalent.

For Mature Age students who do not hold any qualification, they must pass the Internal LLN / English Placement test

Where English is not the official language in the country of where students are currently residing, evidence of a valid IELTS 5.5 or equivalent must be provided. Students will also complete an online English level placement test prior to enrolment.

A Language Literacy and Numeracy (LLN) assessment is conducted on all entrants prior to enrolment into the program to ensure that Queensford College can support each student throughout the program.

Contact our International Admission Team to check about any country specific English requirements.

Entry into the FNS50217 Diploma of Accounting requires completion of the following six units below that constitute the requirements for FNSSS00014 Accounting Principles Skill Set. These units may also be obtain from the successful completion of the FNS40217 Certificate IV in Accounting and Bookkeeping.

  • 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 installment activity statements
  • FNSTPB402 Establish and maintain payroll systems

Or the completion of either the following two qualifications:

  • FNS40215 Certificate IV in Bookkeeping
  • FNS40615 Certificate IV in Accounting

Students must be deemed competent in the pre-requisite unit of a unit prior to the determination of competency in the unit in this qualification.

The following units delivered as part of this qualification have academic prerequisite requirements:

Unit in this qualification Prerequisite unit
FNSACC514 Prepare financial reports for corporate entities FNSACC311 Process financial transactions and extract interim reports
BSBFIA401 Prepare financial reports (This is a core unit in FNS40615 Certificate IV in Accounting &FNS40215 Certificate IV in Bookkeeping)

Students will need to ensure they are able to connect to the internet and have the capability to use our online learning system that meets the minimum technical requirements, which are:

  • Access to a laptop/computer is preferred
  • An operating system supporting the following browsers (current version and up to three most recent versions): Chrome, Firefox, Safari (excluding Safari on Windows), and Microsoft Edge
    • For Windows: Windows 10, 4 Gb RAM installed (minimum)
    • FOR MAC: Mac OS X 10.13 or above
  • Access to Word processing software, such as Microsoft Word
  • Reliable internet connection

Course Overview

This qualification to be suitable for students who have interest in accounting.

Nationally recognised

  • Key general business requirements to work in the financial industry, such as complex spreadsheets and effective strategies to work with others
  • Provide financial and business performance information and manage budgets and forecasts
  • How to prepare tax documentation for individuals and financial reports for corporate entities
  • Establish and maintain accounting information systems and evaluate business performance
  • Prepare financial reports to meet statutory requirements and provide management accounting information
Unit Code Unit Title
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
BSBLDR402 Lead effective workplace relationships
FNSACC505 Establish and maintain accounting information systems
FNSFMK505 Comply with financial services legislation and industry codes of practice
FNSACC413 Make decisions in a legal context
FNSORG505 Prepare financial reports to meet statutory requirements

*This unit require completion of a prerequisite unit, please refer to the Academic Prerequisite section above for further details.

Students will be assessed through the following general methods of assessment that may apply for each unit. Each of the selected methods must be completed/deemed satisfactory, as each method is only a partial completion.

  • Written Assessment – a set of written tasks provided to the student required to be completed including, question and answer, case study analysis and reports.
  • Case study – students required to demonstrate tasks directly related to the training package requirements using simulated scenarios.
  • Knowledge questions – a set of written tasks provided to the student required to be completed including, question and answer.

Recognition of Prior Learning (RPL) is a form of assessment that acknowledges skills and knowledge gained through formal training conducted by industry or education, work experience, and life experience to gain Nationally Recognised Qualification. Credit for previous studies is not recognition of prior learning.

Credit is producing evidence of units of competency/qualifications previously undertaken and successfully completed. Applications for Credit Transfer, must include units of competencies completed, duration of the course and evidence of completion (certificate and transcript or statements of attainment).

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Queensford College use industry current practices and methodologies to ensure the training program is relevant to industry while also meeting Training Package requirements. Our students have access to a team of reliable staff and trainers that are available throughout the course duration. For the duration of the course students will be supported with the following:

  • Student Services: for all administrative enquiries and on issues associated with general academic skills
  • Trainers: to answer any questions students may have about the course content, assessments and study progress
  • Help Desk: for any assistance on course materials and assessment submission through our online learning platform.

Fees and Funding Options

Queensford College has a number of options to allow you to select a payment method best suitable to your financial situation.

  • Upfront 100% Payment*

    Payment through your own pocket either by EFT or credit card (MasterCard or Visa).

    *Students are not required to paymore than 50% of the total tuition fees upfront before the commencement of the course that is more than 25 weeks. Upfront 100% payment is required for courses of 25 weeks or less.

  • Payment Plan

    Payment through convenient instalments weekly, fortnightly, monthly or per semester.

    Terms and conditions will apply, please contact our team for information.

    Contact Us
  • Direct Debit

    Payment through a Direct Debit: withdrawal of funds can be arranged and scheduled from your nominated bank account.

    Terms and conditions will apply, please contact our team for information.

    Contact Us

How to Apply

At Queensford College, we strive to make possible an easy, smooth, and efficient application process.

There are twos way to apply to study at Queensford College. You can either apply directly by filling out our application form and submitting to our International Department or through one of our approved international education agent. Our approved agents can guide you through the enrolment process and assist you with your visa application.

  • Student to Apply for Chosen Course

    Select from our range of courses in the International Prospectus or on our website and return a completed application form along with the required documents to us. Download the International Student Application Form.

  • College Assesses and Verifies Applications

    Once we receive your application, we will assess your application against the requirements of the course and issue a conditional offer letter, which is followed by an interview with candidate and financial documents verification.

  • Student to Review, Process and Accept

    Review your letter of offer to ensure course fees, duration, payment plan etc. are stated correctly. Required payment of tuition fee. Return signed acceptance of offer.

  • College Issues eCOE

    Electronic confirmation of enrolment (eCOE) will be issued.

  • Student to Apply for Australian Student Visa

    Apply for an Australian student visa at your nearest Australian Mission overseas.

  • Student to Plan their Departure & Arrival to Australia

    Once you have been accepted to study at an institution and have received confirmation of your student visa, the next step is to start planning for your arrival.

  • Student to Attend Orientation

    You must attend Orientation to get important information and advice to support your successful transition to study in Australia.

View International Admissions

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