Diploma of Accounting
FNS50217
FNS50217
Expand on your pre-existing accounting skills with comprehensive training in taxation, budgeting, business performance, and financial forecasts.
Course Information
Upgrade your career in accounting and finance with the FNS50217 Diploma of Accounting. This course will give you the essential knowledge and professional skills to work effectively within the accounting, business, and finance fields in addition to boosting your interpersonal skills and increasing your career opportunities and earning potential.
Who should enrol?
- Anyone currently working in bookkeeping and accounting roles seeking a higher education qualification to expand their existing knowledge and skills
- Those wanting to complete their Tax Agent Certification – FNSSS00005 & FNSSS00008 with the Tax Practitioners Board
- Those with accounting experience and a prior qualification who are looking to become a Management Accountant, Financial Analyst, Auditor or Financial Controller to name just a few
Course outline
This accounting qualification provides training for accounting professionals.
This qualification will cover how to:
- provision financial and business performance information
- prepare budgets and forecasts
- prepare taxation documentation for individuals
- prepare taxation documentation for legal entities
- prepare management reporting
- understand taxation for individuals and legal entities
- develop and use emotional intelligence in the workplace
Entry Requirements
- Completion of FNS40615 Certificate IV in Accounting or equivalent; or
- Completion of FNS40215 Certificate IV in Bookkeeping or equivalent; or
- Completion of the following six units, or their equivalent, which constitute the requirements for the FNSSS00014 Accounting Principles Skill Set:
- 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 instalment activity statements
- FNSTPB402 Establish and maintain payroll systems
Free Membership
When you sign up for the FNS50217 Diploma of Accounting you’ll automatically become a student member of the Institute of Public Accountants (IPA). At no cost to you this membership opens up a world of benefits and resources that can give you that extra edge.
Details
Price: $2,250 or $99.51/week over 26 weeks
Please note: An additional 15% is added to the retail cost for payment plans. These are approximate prices only.
Delivery
Online
Study Method
The FNS50217 Diploma of Accounting is comprised of online, self-paced modules delivered through the Ab² digital learning portal.
At Ab2, we pride ourselves on providing the best student experience, and we will support you throughout the whole of your program completion by providing:
- Online learning, enabling you to study anywhere, anytime
- One on one and group coaching sessions with industry experts
- A supervised assessment is required for completion of the modules within the Tax Agent Certification – FNSSS00005 & FNSSS00008.
Duration
Taking a part-time study approach (10-15 hours a week) will take around 18 months to complete or full time (20-25 hours a week) will take around 12 months to complete, depending on industry experience.
Access Time
24 months from enrolment
We’re ready when you are
Start any time with flexible learning hours and fully remote modules. 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.
If you have skills and knowledge from previous learning, education, or employment you may be eligible for recognition of prior learning (RPL). This could eliminate the need to complete certain course modules.
Contact us to find out more.
FNS50217 Diploma of Accounting Course Modules
The FNS50217 Diploma of Accounting has been developed by industry experts with decades of experience and real-world practical knowledge. Here you’ll get only the most relevant skills and knowledge making you job-ready the moment you graduate.
This module includes one unit and will cover the following topics:
FNSTPB401 Complete business activity and instalment activity statements
- Identify compliance and other requirements applicable to business activity
- Analyse and apply industry codes of conduct associated with work activities
- Review and apply goods and services tax (GST) implications and code transactions
- Report on payroll activities and amounts withheld
- Reconcile and prepare activity statement
- Lodge activity statement
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
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
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
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
This module includes one unit and will cover the following topics:
FNSACC601 Prepare and administer tax documentation for legal entities
- Identify taxation requirements for complex lodgements and returns
- Gather and analyse data relevant to clients’ tax position
- Prepare and present tax documentation
- Lodge tax documentation
This module includes three units and will cover the following topics:
FNSTPB503 Apply legal principles in contract and consumer law
- Research legal aspects of contract and consumer law
- Analyse legal issues and risks associated with operation of a business
- Apply knowledge of contract and consumer laws to client circumstances
- Maintain legal knowledge
FNSTPB504 Apply legal principles in corporations and trust law
- Research legal aspects of corporations and trust law relevant to client’s circumstances
- Analyse issues and risks associated with operation of a business
- Apply knowledge of law to business structures
- Maintain legal knowledge
FNSTPB505 Apply legal principles in property law
- Research legal aspects of property law
- Analyse legal issues and risks associated with operation of a business
- Apply knowledge of property laws to client circumstances
- Maintain legal knowledge
Ready to take the FNS50217 Diploma of Accounting course?
Have questions?
We'd love to get in touch
Complete the form below if you want to schedule a consultation or if you have any questions about the course. Our student experience team is here to help.
