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CRICOS Course Code: 110560H

FNS50222 Diploma of Accounting

Course Description

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/Regulatory Information

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.

Possible Career Outcomes

  • Accounts payable team leader
  • Accounts receivable team leader
  • Collections supervisor
  • Payroll team leader

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 have completed at least an Australian year 11 or equivalent.

Mature age students, who do not hold a qualification and wish to study with Queensford College, will be assessed based on their work experience.

English Language Proficiency

All students must undertake Queensford College’s Language, Literacy, Numeracy and Digital (LLND) skills assessment via online LLN Robot System.

Student must provide evidence of attaining an overall IELTS score of 6 bands or equivalent scores on a similar test (such as PTE etc) to commence a Certificate III Qualification or higher. OR

Student must have attained at least Advanced Level of English and must provide evidence of the same before commencing a Certificate III Qualification or higher.

 

English Language Requirements Exempted if

The student is enrolled in full-time school studies as a principal course including in a secondary exchange programme, a postgraduate research course, a standalone English Language Intensive Course for Overseas Students (ELICOS), and Foreign Affairs or Defence sponsored students. OR

The student has completed at least five years’ study in one or more of the following countries: Australia, UK, USA, Canada, New Zealand, South Africa, or the Republic of Ireland. OR

If the student is a citizen and hold a passport from UK, USA, Canada, NZ or Republic of Ireland. OR

If student has in the last two years before applying for the student visa, had completed in Australia and in English Language, either Senior Secondary Certificate of Education or substantial component of a course leading to a qualification from the Australian Qualifications Framework at Certificate IV or higher level, while they held a student visa.

For more information on entry requirements, please visit: queensford.edu.au/international-admissions

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.

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 Name Core/ Elective
BSBTEC402 Design and produce complex spreadsheets Core
FNSACC521

 

Provide financial and business performance information Core
FNSACC522 Prepare tax documentation for individuals Core
FNSACC523 Manage budgets and forecasts Core
FNSACC524 Prepare financial reports for corporate entities Core
FNSACC526 Implement and maintain internal control procedures Core
FNSACC527 Provide management accounting information Core
FNSACC505 Establish and maintain accounting information systems Elective
BSBLDR413 Lead effective workplace relationships Elective
FNSFMK515 Comply with financial services regulation and industry codes of practice Elective
FNSORG515 Prepare financial reports to meet statutory requirements Elective

 

The following provides a general overview of the evidence gathering techniques that will be used to assess each unit of competency. The Assessment Methods have been identified in the table below including information on the timing of assessment and any adjustments that may be utilised.

 

Knowledge questions

Questions e.g., true/false, multiple choice. Matching, drag and drop, ‘sequence of order’ list is required, or similar. These me be available in Moodle as a quiz.

 

Practical project/Observation

These Assessment Tools require students to complete practical tasks and written work related to the practical. Practical tasks vary and may require the Trainer/Assessor to complete an observation checklist observing skills of students, and/or students to complete templates and documents related to the practical tasks.

This tool may include but is not limited to the following:

  • short answer questions
  • roleplay involves student undertaking a role and addressing specific requirements – may include creating/updating documents to support the roleplay
  • presentation (where there are preparatory notes, slides, and the presentation itself)
  • completion of template to prepare specific documents and/or formal reports
  • lab activities including submitting evidence as a screenshot
  • case studies.

 

Observation/practical skills demonstration

Assessments which consist only of observations

 

Holistic assessment

Short answer questions which cover a range of units with common knowledge/skill areas.

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).

Learn more    Enquire now

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 on our website and fill in 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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