Diploma of Accounting qualification reflects professional accounting job roles in financial services and other industries. Individuals in these roles apply solutions to a range of often complex problems, and analyse and evaluate information from a variety of sources. They apply initiative to plan, coordinate and evaluate their own work and guidance to others within defined guidelines.
Participants need to complete Eleven (11) units of competency in total following the guidelines as outlined in the Financial Services Training Package Rules which requires:
- 6 core units plus
- 5 elective units
Please note: All the below units have been selected by the college through an extensive consultative process with the industry partners and they have been identified as containing knowledge and skills appropriate for the industry.
The full list of units can be found within the Financial Services Training Package FNS10 and are made available for all AAIC training staff and students to review. The units offered by AAIC are listed as below:
|Unit Code||Unit Name||Core/Elective|
|BSBITU402||Develop and use complex spreadsheets||Elective|
|BSBFIA401||Prepare financial reports||Elective|
|FNSACC301||Process financial transactions and extract interim reports||Elective|
|FNSACC503||Manage budgets and forecasts||Core|
|BSBLDR402||Lead effective workplace relationships||Elective|
|FNSACC507||Provide management accounting information||Core|
|FNSACC506||Implement and maintain internal control procedures||Core|
|FNSACC505||Establish and maintain accounting information systems||Elective|
|FNSACC502||Prepare tax documentation for individuals||Core|
|FNSACC504||Prepare financial reports for corporate entities||Core|
|FNSACC501||Provide financial and business performance information||Core|
This course will be delivered over 55 week’s duration (1100 Student Contact Hours) of full time study over a 78 weeks’ timeframe which also includes 23 weeks holidays.
This program is delivered in a classroom based environment where all students must attend a minimum of 20 hours per week.
Participants will need to purchase resources as notified in the student handbook. The trainer will provide any additional learning material where gaps are identified in either the participant’s underpinning knowledge or the training resources.
Assessment will be a Learning and Assessment pathway.
Participants will be advised of the assessment requirements at the beginning of each unit. Assessment will usually commence in the session following delivery or as advised by the trainer. As this is a competency based program, assessment continues throughout the program until the participant either achieves competency in the assessment tasks or a further training need is identified and addressed.
The assessment process may include:
- Written Questions
- Case studies
- Projects (simulation/Real Work)
- Role plays
- Supervised Assessments
- Integrated assessment of some units may occur
Participants are provided with advice on employment and training options throughout the delivery of the program.
Job roles and titles vary across different industry sectors. The primary pathway from this qualification is employment in accounting job roles..
Pathways for further studies
After achieving the FNS50215 Diploma of Accounting, candidates may choose to undertake FNS60215 – Advanced Diploma of Accounting or a Bachelor’s Degree in accounting.
|FNS50215 Diploma of Accounting||FNS60215 – Advanced Diploma of Accounting|
International Students Entry Requirements
Entry into this program requires International Students to fulfil requirements as listed below:
- Must be 18 years of age or over
- Completed year 12 (HSC or equivalent)
- Minimum 5.5 IELTS score or equivalent as per the following:
- a. TOEFL iBT 46
b. PTE Academic 42
c. TOEFL PBT 527
d. OET Pass
e. Cambridge English: Advanced (CAE) 47
Delivery mode: Class room based
Tuition Fee: $AU 12,000
Application Fees: $250 (Non-Refundable)
Text Books: $750
Estimated Total Course Cost: $AU 13,000
Single Overseas Student Health Cover $550 per Annum Approximately
Family Overseas Student Health Cover $5000 per Annum Approximately