Diploma of Payroll Services – FNS50417
Course Information
Welcome to your introduction to the Diploma of Payroll Services FNS50417.
Gain an in into a fast-growing specialist role as an accredited payroll services practitioner. Covering training in today’s legal requirements, customer service and interpersonal skills, this diploma delivers a robust overview of the position, teaching key payroll fundamentals in conjunction with contemporary systems used in many of today’s companies.
Learn how to:
- Establish payroll systems
- Prepare salary packaging arrangements and additional allowances
- Process superannuation payments
- Process employee terminations
Who should enrol?
- Anyone currently working in bookkeeping and accounting roles seeking a formal qualification to expand their existing knowledge and skills.
- Those with accounting experience and a prior qualification who are looking to become a qualified payroll professional, such as a senior bookkeeper or a payroll specialist.
Free Membership
When you sign up for the Diploma of Payroll Services 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.
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Details
Price: $2,650 or $117.21/week over 26 weeks
Course Duration
Part-time study of 10-15 hours a week will take 6-12 months to complete (with up to 390 study hours, 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
Ab2 students enjoy
- Deep industry connections to future-proof your career
- Course development and teaching by real-world industry leaders, not academics
- Unrivalled student support by specialists who only serve the accounting industry
- Free student membership with accounting and bookkeeping industry bodies
- 100% flexibility – Study online, anytime, anywhere, on any device
Course Modules
Our course has been custom-built by industry experts with decades of real-world, practical experience and knowledge. This will give you top-notch skills and understanding, making you job-ready the moment you graduate.
FNSINC401: Apply principles of professional practice to work in the financial services industry
- Identify scope, sectors, and responsibilities of industry
- Identify and apply guidelines, procedures, and legislation
- Identify sustainability issues
- Manage information
- Participate in and facilitate work team activities
- Plan work to be completed
- Develop and maintain personal competency
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 statements
- Lodge activity statements
FNSTPB402: Establish and maintain payroll systems
- Establish and maintain payroll requirements
- Record payroll data
- Prepare and process payroll
- Handle and maintain payroll enquiries
BSBPEF502: Develop and use emotional intelligence
- Unpack emotional intelligence
- Promote the development of emotional intelligence in others
FNSINC504: Apply ethical frameworks and principles to make and act upon decisions
- Frame the ethical question applicable to the situation
- Determine the ethical response to the situation
- Develop implementation plans and carry out ethical responses to the situation
- Evaluate the outcomes of the ethical response
BSBFIM502: Manage payroll
- Establish procedures for the management of payroll
- Prepare payroll data
- Authorise payment of salaries
- Administer salary records
FNSPAY501: Process salary packaging arrangements and additional allowances in payroll
- Assist employees to interpret prepared salary packaging arrangements
- Process salary packaging arrangements in payroll systems
- Process additional allowances in payroll systems
- Issue payment summary and document outcomes
FNSPAY502: Process superannuation payments in payroll
- Establish parameters and systems for superannuation payments
- Collect and prepare information
- Calculate and verify superannuation payments
- Distribute and maintain information about superannuation payments
FNSPAY503: Process complex employee terminations in payroll
- Gather employee information and verify organisational requirements relating to termination
- Prepare information for termination
- Process termination
- Document outcomes of process and maintain information
FNSPAY504: Interpret and apply knowledge of industrial regulations relevant to payroll
- Research industry regulations relating to payroll service provision
- Interpret the impact of regulations on payroll services
- Ensure payroll services comply with regulations
- Maintain compliance of payroll services with regulations
FNSPAY505: Interpret and apply knowledge of taxation systems relevant to payroll
- Analyse taxation systems relevant to payroll
- Evaluate impact of taxation systems on payroll services
- Ensure payroll services comply with taxation systems
- Maintain compliance with taxation systems
