Diploma of Accounting
| FNS50204 | Diploma of Accounting |   |
| National Course Code: | FNS50204 | |
| CRICOS Course Code: | 055871J | |
| Duration: | 40 Weeks Tuition + 12 Weeks holiday = 52 weeks total | |
| Qualification: | FNS50204 Diploma of Accounting | |
| Training Package: | Financial Services FNS04 | |
| Vocational Area: | Accounting and financial services | |
| Study Type: | Full Time (20 Hours per Week) |
| Subject Code | Subject | Unit Code | Unit Name | Hours |
|---|---|---|---|---|
| ANCACC01 | Principles of Financial Services | FNSICIND401A | Apply principles of professional practice to work in the financial services industry | 100 |
| FNSICACC304A | Prepare and bank receipts | |||
| ANCACC02 | Workplace Communication and Safety | FNSICGEN301A | Communicate in the workplace | 100 |
| FNSICGEN302A | Use technology in the workplace | |||
| FNSICGEN304A | Apply health and safety practices in the workplace | |||
| ANCACC03 | Accounting Fundamentals | FNSICACC306A | Process journal entry | 100 |
| BSBADM408A | Prepare financial reports | |||
| BSBCMN308A | Maintain financial records | |||
| ANCACC04 | Computerised Accounting | FNSACCT407A | Set up and operate a computerised accounting system | 100 |
| ANCACC05 | Principles of Income Tax | FNSACCT502A | Prepare income tax returns | 100 |
| ANCACC06 | Financial Reporting | FNSACCT507A | Provide management accounting information | 100 |
| FNSACCT504A | Prepare financial reports for a reporting entity | |||
| ANCACC07 | Accounting Information Systems | FNSACCT505A | Establish and maintain accounting information systems | 100 |
| FNSACCT506A | Implement and maintain internal control procedures | |||
| ANCACC08 | Business Performance | FNSACCT501A | Provide financial and business performance information | 100 |
| FNSACCT503A | Manage budgets and forecasts | |||
| FNSACCT607A | Evaluate business performance |
Course Description
Accounting is the study of how to record, analyse, interpret on report on the financial health of small to large organisations. All business organisations small or large, require professional accountants to perform accounting functions and deliver efficient results within the organisation. Through an excellent combination of conventional theory learning and practical industry experience, this course is specifically designed to help students gain the necessaryskills required to pursue a career in today’s fast moving corporate business environment. Successful completion of the Diploma of Accounting allows access to the Advanced Diploma of Accounting, Bachelor of Accounting and further to a CPA and CA. This qualification is designed to assist employees to perform duties such as: introducing and maintaining accounting systems, maintaining internal control systems, preparing financial statements for a reporting entity, preparing tax returns, reporting on business performance, managing small teams, developing business plans and preparing management accounting reports.
Entry Requirements
In order to gain entry into this course, potential students must demonstrate completion of year12 or equivalent and have a minimum English level at IELTS 5.5 or equivalent. Students enrolling in this vocational course must be over 18 years of age.
Course Delivery
The course is delivered over 52 weeks with 40 weeks face to face delivery. The 40 weeks includes 8 blocks, each with teaching period of 5 weeks. Each week, students have 20 hours of class.
Delivery is conducted in English at the ANC site through face to face training in the classroom or in a computer lab. Training may include training sessions, presentations, student demonstrations, exercises, group work, projects, research, site visits and guest speakers.
Assessments
Each subject will involve assessment tasks (unless otherwise required by the subject) conducted through a variety of strategies including formal exams, take home research assignments, demonstrations, projects, case studies and exercises.
Career Prospects / Vocational Outcomes
The Diploma of Accounting is designed for students with little accounting knowledge, people returning to the workforce and seeking a formal qualification, people who want to extend their career path options and people currently in the workforce who want to upgrade their skills or have existing skills recognized. This qualification is designed to reflect the role of employees working in accounting who perform duties such as:
- Introducing and maintaining accounting systems
- Maintaining internal control systems
- Preparing financial statements for a reporting entity
- Preparing tax returns
- Reporting on business performance
- Managing small teams
- Developing business plans
- Preparing management accounting reports
Target Group / Job Opportunities
The Diploma of Accounting is designed for students wishing to be employed as assistant accountants, office managers, administration managers, accountants, budget officers, accounts receivable officers, accounts payable officers, tax clerks, audit clerks, MYOB officers, and financial controllers or enter into the Advanced Diploma of Accounting or Bachelor of Accounting.
Registration Status
Upon successful completion of your course you will receive a nationally recognized Diploma of Accounting(FNS50204).
ANC is also a financial member of the Australian Council for Private Education and Training (ACPET) which protects students.
Articulation
Successful completion of the Diploma may render the student eligible for exemption in an appropriate undergraduate University Course.
We have formal articulation with the Australian Catholic University. Please visit the ANC website.
Recognition of Prior Learning & Recognition of Current Competency
Students can request Recognition of Prior Learning (RPL). Students could receive credit towards their course based on their knowledge and skills gained through previous study, other formal or informal training, and work and/or life experiences.