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FNS50222 Diploma of Accounting

Course Outline

Course Outline

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 organizations in a range of industries. Individuals in these roles apply solutions to a range of often complex problems and analyze and evaluate information from a variety of sources

Licensing/Regulatory Information 

Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements.

Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or 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.

This qualification provides participants with the skills to obtain occupational positions such as:

  • Accounts team leader
  • Payroll team leader
  • Assistant Accountant
Course code FNS50222
Start date Please contact the admissions team for further information.International Students: +613 9450 0500

Local Students: 131389

Delivery mode classroom-based
Duration International –  52 weeks (All the courses for International students are run over 2.5 days for a minimum of 20 hours per week)Domestic – 52 weeks approximately (may vary depending on the cohort and industry requirements)

Entry Requirements

RTO requirements

Domestic students

Training and assessments are conducted in English. Applicants must possess sound written and spoken English skills. You will be required to complete a Language Literacy, Numeracy test paper as part of an enrolment interview.

Some assessment tasks are completed using a computer and the internet, and it is recommended that students have these available before or at enrolment.

International Students

The entry requirements for international students:

  • Must be 18 years old or over
  • Completed year 11 or equivalent
  • Minimum score of 5.5 – IELTS, 46 – TOEFL, 42 – PTE, 47 CAE score or equivalent

Training Package

Completion of the FNSSS00014 Accounting Principles Skill Set;
OR
Completion of FNS40615 Certificate IV in Accounting or equivalent;
OR
Completion of FNS40215 Certificate IV in Bookkeeping or equivalent.

Duration

International –  52 weeks (All the course for International students are run over 2.5 days for a minimum of 20 hours per week)

Domestic – 52 weeks approximately (may vary depending on the cohort and industry requirements)

 ** Please note: duration in weeks may vary depending upon the number of contact days per week.

Pathways

PATHWAYS FROM THE QUALIFICATION

Further training pathways from this qualification include:

  • FNS60222 Advanced Diploma of Accounting
  • Bachelor of Accounting

EMPLOYMENT OR OCCUPATIONAL PATHWAY

Job roles related to this qualification include:

  • Accounts team leader
  • Payroll team leader
  • Assistant Accountant

Units of study

To be awarded this qualification, competency must be demonstrated in 11 units

7 core units plus 4 elective units.

(NB: Elective units may vary by state and are subject to change to meet client and industry requirements)

CORE
BSBTEC402 Design and produce complex spreadsheets
FNSACC521 Provide financial and business performance information
FNSACC522 Prepare tax documentation for individuals
FNSACC523 Manage budgets and forecasts
FNSACC524 Prepare financial reports for corporate entities
FNSACC526 Implement and maintain internal control procedures
FNSACC527 Provide management accounting information
ELECTIVES
FNSACC505 Establish and maintain accounting information systems
  FNSFMK515 Comply with financial services regulations and industry codes of practice
FNSINC514   Apply ethical frameworks and principles to make and act upon decisions
FNSPAY511   Process salary packaging arrangements and additional allowances in payroll

** Please note: electives may vary by state and are subject to change to meet client and industry requirements.

Assessment Methods

MITT uses a range of assessment methods which may include:

  • Written assessment (open book)
  • Projects
  • Case study
  • Observation

Assessment will be either a Recognition of Prior Learning pathway or a Training and Assessment pathway.

For a Training and Assessment pathway, participants are advised of the assessment requirements at the start of each training session.

Students not achieving competency in any assessment will be required to undertake another assessment under the terms and conditions of MITT’s reassessment policy.

RPL/Credit Transfer

You can apply for recognition of prior learning, academic credit and work experience towards this qualification. You will develop a wide range of skills and knowledge throughout your life. Through work, volunteer roles, family commitments and various tasks undertaken in everyday life, you are building up a bank of knowledge. The evidence of these skills and knowledge accumulated can be used to help you gain a qualification.

Click below for further details:

Recognition of Prior Learning (RPL)

Credit Transfer

Course Intake Dates

Please note: dates are subject to change due to holidays and availability.

If the dates provided do not suit you, please contact us at 03 9450 0500, as we will accommodate dates to suit students’ needs.

                                                     2023
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
International Students 9th 24th 17th 9th