Course Duration
of competency
Available
FNS50222 – Diploma of Accounting reflects professional 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 organisations in a range of 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 provide guidance to others within defined guidelines.
*Non-Tuition fees not included
Prior to commencing this qualification an individual must have completed the following units of competency (or equivalent).
FNSACC321 Process financial transactions and extract interim reports
FNSACC322 Administer subsidiary accounts and ledgers
FNSACC418 Work effectively in the accounting and bookkeeping industry
FNSACC421 Prepare financial reports (this unit is the equivalent version of BSBFIA401 Prepare financial reports).
These competencies may have been achieved through completion of the following (or their equivalent):
FNSSS00014 Accounting Principles Skill Set
or
FNS40222 Certificate IV in Accounting and Bookkeeping.
Students must be 18 years old and above.
Successful completion of Australian Year 12 or Australian equivalent is mandatory.
A minimum of IELTS 6.0 or equivalent is required.
For more information regarding the commonly acceptable types of English language proficiency evidence, along with the verification methods, please click here
Students are required to have their own laptop prior to the commencement of their course.
The minimum requirements for the specification of laptops can be found in the Student Equipment Required section below.
Prior to enrolment, all prospective students are required to complete a compulsory Language, Literacy, Numeracy and Digital (LLND) assessment. This assessment is completed as part of the pre-enrolment process through the LLND Portal – myllnd.com/login/
The LLND assessment helps identify whether a student may need additional support during their studies and ensures they are placed in a course that is appropriate for their skill level. Assessments are aligned with the Australian Core Skills Framework (ACSF) and include language, literacy, numeracy and digital skills.
Students must complete their LLND assessment via the LLND Portal before they can be formally enrolled. Further instructions on how to access and complete the assessment will be provided to prospective students as part of the pre-enrolment process.
The college offers rolling intakes, allowing students to choose their preferred commencement date with the college. This provides flexibility for the students by allowing them to select the commencement date that best suits their academic plans. For further information, please contact our student support: [email protected].
| Unit in this qualification | Prerequisite units |
| **FNSACC601 Prepare and administer tax documentation for legal entities | FNSACC522 – Prepare tax documentation for individuals |
1 Unit included in the Tax Practitioners Board approved course in Australian taxation law:
FNSSS00008 Taxation Law for Tax Agents Skill Set (Tax documentation).
| Core Unit Code | Core Unit Title |
|---|---|
| FNSACC521 | Provide financial and business performance information |
| FNSACC522 1 | 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 |
| BSBTEC402 | Design and produce complex spreadsheets |
| Elective Unit Code | Elective Unit Title |
| BSBCRT511 | Develop critical thinking in others |
| FNSACC601 | Prepare and administer tax documentation for legal entities |
| FNSINC611 | Apply economic principles to work in the financial services industry |
| BSBTWK502 | Manage team effectiveness |
| Description of licensing 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. The units are:
|
114547F
52 weeks
Face to face mode of delivery consisting of Face to face physical and face to face virtual
11 units of competency
$12,000*
$12,000*
*Non-Tuition fees not included.
Students MUST have the following IT equipment prior to enrolling the college and will require a suitable study space for self-study, assessment activities, or to participate in face-to-face virtual classes. Students are required to have their own laptop prior to the commencement of their course.
HARDWARE REQUIREMENTS:
Laptop with the following recommended System Requirements:
SOFTWARE REQUIREMENTS:
INTERNET REQUIREMENTS:
Please Note: Completion of a Reach qualification does not guarantee an employment outcome.
Once the units of competency required in the training package for this qualification have been successfully completed, the student will be issued with a Diploma of Accounting (FNS50222) and an academic transcript of all completed units within 30 calendar days. Students who successfully complete individual units of competency within the qualification, but not the qualification in its entirety will be eligible to receive a Statement of Attainment. This document contains a record of all completed units and will be available to students by the end of their course.
Reach Community College does not guarantee:
Reach Community College qualifications only fulfil the academic requirement, not a licensed trade qualification, traineeship or apprenticeship.
Reach Community College does not:
We strongly advise that students consult with a registered migration agent if they require more specific information. For the most up to date information please refer to the Australian Government’s Home Affairs website: immi.homeaffairs.gov.au.
