Advanced Accounting
Principles Skill Set

FNSSS00015

Sharpen your skills set with training in financial transaction processes, reports, ledgers, cloud computing, installments, and payroll systems.

Advanced Accounting Principles Skill Set

The Advanced Accounting Principles Skill Set is for those who are looking to used advanced accounting knowledge to perform a variety of management and analytical tasks without completing a full Diploma.

Advanced Accounting
Principles Skill Set Course Details

Price

$660

Or $29.19/week over a period of 26 weeks

By completing this course with Ab², you will gain free student membership to the Association of Accounting Technicians (AAT). The AAT is Australia’s longest-standing bookkeeping association and provides members with important status and recognition for their skills and experience.

Ab² is honoured to work closely with AAT to support the training, development and accreditation of Australia’s accounting technicians and bookkeeping professionals. In addition, we have connections with over 1,000 Australian accounting firms and partnerships with some of the financial industry’s best-known names in software.

FAQ's

Advanced Accounting
Principles Skill Set Course Modules

This course is self-paced and delivered through the Ab² Institute of Accounting’s online learning management system. Activities will include live trainer-led study sessions, interactive learning content, course workbook activities and independent study.

Module 1: Crunching the Numbers

This module includes two units and will cover the following topics:
FNSACC517 Provide management accounting information

Gather and record operating and cost data
Analyse data and assign costs
Prepare cost reports and budgets
Analyse variances and review costing system integrity

FNSACC513 Manage budgets and forecasts

Prepare budget and forecast estimates
Document and monitor budget outcomes

Module 2: Show Me the Money

This module includes two units and will cover the following topics:

FNSACC514 Prepare financial reports for corporate entities

Compile and analyse data
Prepare reports

FNSACC511 Provide financial and business performance information

Assess client needs and analyse data
Prepare and provide financial and performance advice to client

Module 3: Taking Care of Risky Business

This module includes one unit and will cover the following topics:

FNSACC516 Implement and maintain internal control procedures

Review corporate governance requirements
Implement internal control operating procedures
Monitor internal control operating procedures

Module 4: Incoming Tax

This module includes one unit and will cover the following topics:

FNSACC512 Prepare tax documentation for individuals

Gather client income data and verify client, organisational and legislative requirements
Identify, record and present clients’ non-complex income tax documentation
Manage lodgement of clients’ non-complex income tax documentation

Before you enrol

Please read our Student Handbook for information about our policies and procedures.

Once you are enrolled

Further information about course prerequisites can be found on our FAQ page.

Learner groups

We have identified four student groups for this training product.

Beginner Group (Full Study Pathway) – limited relevant knowledge or skill in the competence contained in this qualification. No recent industry experience. Study hours is up to 668 hours.

Intermediate Group (Partial Study Pathway) – moderate relevant knowledge or skill in the competence contained in this qualification. Limited recent industry experience. Includes learners who:

are interested in becoming a finance sector supervisor, assistant accountant or any roles related to accounting leadership without any previously completed formal qualification but may have some minor administrative work experience related to bookkeeping or accounting for less than a year (e.g., as a result of completing a lower-level FNS qualification)
may be working as a finance sector supervisor, assistant accountant or any roles related to accounting leadership but in another country
Study hours is up to 358 hours.

Expert Group (Full Recognition Pathway) – extensive relevant knowledge or skill in the competence contained in this qualification. Extensive industry experience. Includes learners who:

have previously completed FNS50215 Diploma of Accounting and are currently working in the industry for in the last 2 years
are currently working as a finance sector supervisor, assistant accountant or any roles related to accounting leadership for the last 3 years.
Study hours is up to 358 hours (assessment only).

To complete your studies, you will need to have access to:

Once we receive your enrolment, your Ab² Student Experience Advisor will reach out to see if he or she can answer any questions about starting the program.

Assessment methods

Assessment is conducted using a combination of Questioning (e.g. written/oral questions, interviews, self-evaluation, and questionnaires), Product-based Methods (e.g. reports, displays, work samples, role plays, presentations, and outputs), and Direct Observation (e.g. assessments in real-time in the workplace or in a simulated off-the-job situation that reflects the workplace).

Recognition of prior learning

If you have prior skills and knowledge built through previous learning, education, or employment experience, you may be eligible for recognition of prior learning (RPL) and you may not have to study all course modules.

Please call our hotline at 1300 128 943 so you can speak to us for more information.

World-Class skills for a Global Playground

Payment Options

Download your course guide

Complete the form below to download the guide.

Positive feedback about the style, content, engagement, presenter (Tom) and the mix between theory and application. We highly recommend Ab2 training; we are already planning the next group!

Very happy with the follow-on support ab2 Institute's courses have been extremely helpful for my team, but the great thing is the follow-on support. Each month I get progress reports on what the team have been working on, which allows me to follow up with the team to see if they need anything extra to complete their courses.

I am really happy and feel honored to be one of the first people to complete the Certificate IV in Accounting and Bookkeeping. It has helped me broaden my knowledge with Australian Accounting and Bookkeeping. As a Team Manager, I have become more confident in training my team members and sharing my knowledge with them. I hope to learn more and to become a more valuable team member.

Advanced AccountingPrinciples Skill Set

100% Flexible

Unrivalled Student Support

Essential knowledge and skills

Deep Industry Connections

Free Student Membership

Designed by Accountants

Advanced Accounting Principles Skill Set

Provide financial and business performance information

Prepare tax documentation for individuals

Manage budgets and forecasts

Prepare financial reports for corporate entities

Implement and maintain internal control procedures

Provide management accounting information

Advanced AccountingPrinciples Skill Set Course Details

Price

Course Duration

Access Time

Career Opportunities

Our Industry Partners

FAQ's

Advanced AccountingPrinciples Skill Set Course Modules

Before you enrol

Once you are enrolled

Learner groups

To complete your studies, you will need to have access to:

Assessment methods

Recognition of prior learning

World-Class skills for a Global Playground

Payment Options

Once Off

Weekly

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Advanced Accounting
Principles Skill Set

Advanced Accounting
Principles Skill Set Course Details

Advanced Accounting
Principles Skill Set Course Modules