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52

Weeks

Course Duration

11

Units

of competency

TAS | NSW | VIC

Locations

Available

Diploma Of Accounting

Course Overview

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.

Course Fees

$12,000*

Offshore Fee

$11,000*

Onshore Fee

Entry Requirements

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.

Domestic RPL candidates:
Prior to commencing the RPL process, domestic RPL candidates are required to have relevant work experiences and/or any other evidence to match with the training package requirements.
English requirement:

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

Pre-requisites/Co-requisites

 Unit in this qualification Prerequisite units
 *FNSACC524 Prepare financial reports for corporate entitiesBSBFIA401 – Prepare financial reports FNSACC321 – Process financial transactions and extract interim reports
**FNSACC601 Prepare and administer tax documentation for legal entitiesFNSACC522 – 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).

Course Format

Core Units
0
+
Elective Units
0
=
Total Units
0
Core Unit CodeCore Unit Title
FNSACC521Provide financial and business performance information
FNSACC522 1Prepare tax documentation for individuals
FNSACC523Manage budgets and forecasts
FNSACC524*Prepare financial reports for corporate entities
FNSACC526Implement and maintain internal control procedures
FNSACC527Provide management accounting information
BSBTEC402Design and produce complex spreadsheets
Elective Unit CodeElective Unit Title
BSBCRT511Develop critical thinking in others
FNSACC601**1Prepare and administer tax documentation for legal entities
BSBLDR413Lead effective workplace relationships
BSBTWK502Manage team effectiveness
Description of licensing requirementsWork 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.

Details of requirements can be accessed on the TPB website at: http://www.tpb.gov.au

Note

Students MUST have the following IT equipment prior to enrolling with Reach and will require a suitable study space for self-study, assessment activities or to participate in online classes.

1. Hardware requirements:

  • Desktop or laptop with the following recommended System Requirements:
    • Windows 7 (2009) or higher
    • Apple Macintosh OS X version 10.6 (Snow Leopard) or higher
  • A webcam, e.g. built-in to a laptop or a USB webcam.
  • Audio input and output suitable for video conferencing or online classes.
  • A headset or earbuds with a microphone is recommended. Speakers and a microphone can be acceptable but need to be tested to check they do not introduce echo into a video conference or online classes.
  • Photo/scan – a camera, e.g. on a mobile phone, can be required to scan and submit handwritten materials.

2. Software Requirements:

  • A web browser such as Internet Explorer, Firefox, Google Chrome, or Safari (Please note that Apple users will be required to install Google Chrome in order to use Microsoft Teams) that will allow students to:
    • Stream videos from YouTube-style sites (a student must be aware of his/her internet usage limits and costs);
    • Run word processing software such as Microsoft Teams, Word and PowerPoint;
    • Participate in virtual classrooms or online live streaming webinars (e.g., Microsoft Teams or Zoom). (for classes delivered online or via live-streaming webinar).
  • Reach will provide students with access to Reach’s Microsoft Office 365 software (i.e., Microsoft Teams, Word, Excel, and PowerPoint), however:
    • Students may require administration rights to their computer in order to install additional software.
    • Students are strongly advised to install a suitable anti-virus program to protect their work.

3. Internet Requirements:

  • A reliable, high-speed broadband internet connection, with sufficient upload and download capacity. A Wi-Fi or mobile connection can be acceptable if it is adequately stable to perform well in a video conference or online classes;
  • Students will have access to Reach’s wireless connection during campus operating hours of 6:00am to 9:00pm Mon – Sat;
  • Community internet and computer access:
    • Public libraries offer free access to computers and the internet, although students may require a membership card or be required to pay a small charge. Students may need to book ahead if they wish to use library services. Students will also have access to printing and photocopying services on a pay per page basis. Most libraries also provide wireless hotspots and recharging stations at no cost for students using their own devices.

4. Other Information:

Reach encourages students to acquire the following skills and knowledge related to operating and maintaining an efficient online study environment:

  • Know how to install, use, and keep their computer’s internet browser and other software up to date (e.g. installing security updates)
  • Be proficient in connecting their laptop and/or mobile device to wireless networks either at Reach’s campus, your local library, or other locations
  • Ability to use a web camera and headset/microphone
  • Know how to use cloud storage (e.g. through Office 365 OneDrive)
  • Ability to use Microsoft Word and other related software packages.

Related Occupations

  • Finance Sector Supervisor
  • Assistant Accountant

Completion of an REACH qualification does not guarantee an employment outcome.

Qualification Issued

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:

  • a successful education assessment outcome for the student or intending student; or
  • completion of a Reach Community College qualification will lead to an employment outcome; or
  • a learner will successfully complete a training product on its scope of registration; or
  • a training product can be completed in a manner which does not meet the requirements of the Standards for Registered Training Organisations (RTOs) 2015.

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Non-Tuition Fees

$200 (Handling Fee)
(No other charges or changes to Tuition Fees once paid)

VOCATIONAL PLACEMENT FEES
$500 – for each qualification in Community Services. Before commencing placement, students will be required to obtain mandatory documents at their own expense. Students will be notified of their placement via email, including when to obtain these documents, prior to commencing vocational placement.

Refund policy rules apply to Placement Fees. Please check our Refund Policy for more detailed information: https://reachcollege.edu.au/student-support/forms/

OSHC FEES
International students must have adequate health insurance while in Australia. It is a condition of your visa that you have Overseas Student Health Cover (OSHC) for the full duration of your student visa. Overseas Student Health Cover (OSHC) is insurance to assist international students meet the costs of medical and hospital care while in Australia.