Course Outline
This qualification reflects the role of individuals working in accounting and seeking professional recognition, including tax agents, accounts managers and business analysts; and to employees performing a range of accounts management tasks for organisations in a range of industries. At this level individuals are expected to apply theoretical and technical skills in a range of situations and to display initiative and judgement in planning activities. They have autonomy in performing complex operations and can be responsible for planning, coordinating and evaluating the work of others within broad but generally well-defined parameters.
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:
- registered tax agent
- financial controller
- accountant
| Course code | FNS60222 |
| Start date | Please refer to the course intake dates provided below |
| Delivery mode | Blended delivery: Face to face training, Virtual Classroom (Zoom) |
| Duration |
Domestic: 52 weeks
** Please note: Duration in weeks may vary depending upon the amount of contact days per week. Duration may vary depending on the cohort and industry requirements |
Entry Requirements
RTO Requirements
International Students
The entry requirements for International Students are:
Must be 18 years old or over
Must have completed year 12 or equivalent
Must have a minimum IELTS score of 6 or
Must have a minimum TOEFL score of 64 or
Must have a minimum PTE Academic score of 50 or
Must have a minimum Cambridge English Advanced (CAE) score of 169 or
Must have a minimum OET score of B for each component
Domestic Students
Training and assessments are conducted in English. Applicants must possess sound written and oral English skills. You will be required to complete a Pre-training and Language Literacy and Numeracy Assessment.
All assessment tasks are completed using a computer and internet, and it is recommended that students have these available before or at enrolment. Student must possess digital literacy skills to be successful.
For inquiries regarding additional requirements, international and domestic students are encouraged to reach out to us either by phone at 13 13 89 or +61 3 9450 0500, or by visiting contact page.
Training Package
Prior to commencing this qualification an individual must have completed the following qualifications (or equivalent).
FNS50222 Diploma of Accounting; or its superseded version FNS50217 Diploma of Accounting or equivalent, provided the listed elective unit BSBTEC402 Design and produce complex spreadsheets (or equivalent) has been completed by those seeking to enrol.
Pathways
Pathways from the qualification
While MITT may not offer all the qualifications indicated within the pathway, the organization advises relevant progression that may be attained such as:
- Bachelor of Accounting
Employment or occupational pathway
Job roles related to this qualification include:
- registered tax agent
- financial controller
- accountant
Assessment Methods
MITT utilises a range of assessment methods to assess student skills and competencies. These are as outlined below:
- Question and answer/written assessment tasks
- Role play/practical demonstration and observation of skills (as applicable)
- Practical demonstration and observation of skills in a simulated environment (as applicable)
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 of the assessments 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. During the course of your life you will develop a wide range of skills and knowledge. 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:
Course Intake Dates
If the dates provided do not suit, please contact us at 13 13 89 or +61 3 9450 0500 via phone, or through our contact page, as we will accommodate dates to suit student’s needs.
Units of study
To be awarded this qualification, competency must be demonstrated in 14 units,
consisting of 3 core and 11 elective units.
(NB: Elective units may vary by state and are subject to change to meet client and industry requirements)
| Unit Code | Unit Name |
| Core | |
| FNSACC634 | Monitor corporate governance activities |
| FNSINC611 | Apply economic principles to work in the financial services industry |
| FNSINC612 | Interpret and use financial statistics and tools |
| ELECTIVES | |
| FNSACC601 | Prepare and administer tax documentation for legal entities |
| FNSACC602 | Audit and report on financial systems and records |
| FNSACC603 | Implement tax plans and evaluate tax obligations |
| FNSACC605 | Implement organizational improvement programs |
| FNSACC606 | Conduct internal audit |
| FNSACC608 | Evaluate organization’s financial performance |
| FNSACC609 | Evaluate financial risk |
| FNSACC610 | Develop and implement financial strategies |
| FNSACC611 | Implement an insolvency program |
| FNSINC513 | Identify and apply complex ethical decision making to workplace situations |
| FNSACC613 | Prepare and analyse management accounting information |
** Please note: electives may vary by state and are subject to change to meet client and industry requirements.
