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FNS50215 - Diploma of Accounting

Diploma of Accounting

Smart and Skilled

This course is on the NSW skills list. Students in NSW may be eligible for a Government subsidised price.

VET Student Loans

We are approved to offer VET Student Loans to eligible students. The loan amount for this course is capped at $5000.

Nationally Recognised

This qualification is provided as Nationally Recognised Training (NRT).

Course description

This is the qualification you need if you want to learn to prepare taxation returns or gain a professional accounting role in the financial services sector.

It can also be used to provide a pathway into most university accounting courses or establish a career pathway into other business spheres, such as management, human resource management or marketing.

You will learn to provide financial and business performance information, prepare financial statements and analyse and present research information.

You will also learn to prepare for an accounting job by planning, coordinating and evaluating your own work using such tools as complex spreadsheets. In addition, you will gain sufficient knowledge to provide accounting guidance to others, under supervision.

This course offers free access to Reckon One cloud based and MYOB accounting software.

Units of study

Core Units

Six (6) units must be completed

Unit Code Unit Name
FNSACC501 Provide financial and business performance information
FNSACC502 Prepare tax documentation for individuals
FNSACC503 Manage budgets and forecasts
FNSACC504 Prepare financial reports for corporate entities
FNSACC506 Implement and maintain internal control procedures
FNSACC507 Provide management accounting information

Elective Units

Five (5) units must be completed

Unit Code Unit Name
BSBFIA401 Prepare financial reports
BSBITU402 Develop and use complex spreadsheets
FNSACC301 Process financial transactions and extract interim reports
FNSACC402 Prepare operational budgets
FNSBKG404 Carry out business activity and instalment activity statement tasks
Frequently Asked Questions
All Items
Generic FAQs
FNS50215 specific FAQs
Before gaining entry to a course, why do I need a Unique Student Identifier (USI)? How do I obtain one?
All students are required to have a USI, before their enrolment is confirmed. If you have not created your USI and are intending to study, you should create your free USI now. Get more information by visiting usi.gov.au. You will need to have proof of your identity to complete the process. Once you have a USI you will have a secure online record of your nationally recognised training which you can access anytime and anywhere. If you have any questions, or need assistance creating your USI, please contact TAFEnow by phone or chat.
How much experience is enough to meet the entry requirements?
There are no formal entry requirements for this course, however, the primary pathway from this qualification is employment in an accounting role or in a small, medium or large business. If you haven't completed FNS40615 Certificate IV in Accounting, you must begin by completing the MYOB skill set before proceeding, as this will give you valuable required prerequisite knowledge for some of the more complex units you will encounter in the core and elective units of the Diploma. Your course coordinator will be able to assist you further with this.
At a minimum, what computer skills and software do I require for my course?

You don't have to be a computer whiz to succeed in online learning, but you should be comfortable typing, using the internet and email, chatting to your teachers or others online, reading course content online, using common software and performing other basic tasks.

Minimum specifications for your computer are:

  • Microsoft Windows XP, or later, or Mac OS X or above
  • Microsoft Office or equivalent
  • Adobe Acrobat Reader
  • Adobe Flash Player
  • Up-to-date internet browser

You may also need access to:

  • A printer/scanner to print and scan documents for uploading.
  • A smart phone/digital video to video practical tasks for some courses
How much time should I study this course for each week (on average) to complete in the required time?
The average learner will take 10 hours a week to complete this course over 24 months, based on 96 weeks of participation. Learners with industry experience and knowledge may find they complete more rapidly.
How will I contact TAFEnow if I’m having a problem? How long will it take to get a response?
If you are having trouble accessing your course resources or navigating the TAFEnow website after enrolling, you should contact one of our Customer Help Officers on 1300 823 366. They are available Monday to Thursday 8am to 8pm and 8am to 5pm on Fridays.
If your query is specific to a unit you are studying and requires a subject matter expert, you should contact your unit facilitator. Their contact details are located on every unit. You should make contact via email. If you require over the phone support and appointment can be requested.
What if I need a full-time course?
Completion of this course in 12 months is considered full-time participation. On enrolment, please let our Customer Help team know that you need to study full-time. They will adjust the time frame of your enrolment to reflect a full-time study load and can then provide you with a Confirmation of Enrolment form for Centrelink.
Is there tutor support available after hours?
TAFEnow has teamed up with the national service YourTutor to offer students live online help with things like essay and report writing, study skills and referencing. You can make contact with a tutor from 3pm to 11pm Sunday to Friday, via your Moodle course page or drop off a writing file and receive feedback in less than 24 hours. Watch this short, informative video for more information.
This service is additional to the specific subject help that your unit facilitator can provide.
What will this course qualify me to do and what type of jobs will I be able to get? What is the future outlook like for jobs in this field?
Diploma of Accounting graduates can seek a position in a busy accounting or general office or, alternatively, administering the finances of a small, medium or large enterprises. Future job prospects are outlined in the Australian Government’s Jobs Outlook website here.
How will I access extra course resources or talk to a librarian?
If you want make contact with a TAFEnow librarian to access further course resources, go to tafenow.com.au/library-ask-us. Then type in your reference query. A librarian on chat will show you how to search the library catalogue and how to use our specialised subject guides to find extra information for assessments.
On completion of this course, what is the pathway to further study?
Upon completing the diploma you can also seek entry to university-level accounting qualifications, gaining credit for some of the units already completed.
How will I send in my assessment tasks?
Once you enrol you will work from the learning platform of our website. Your course information will tell you what assessment events you are required to and provide instructions on how to upload them so your assessor gets them. If you are asked to send video or audio evidence for an assessment you can upload it to YouTube, Vimeo or DropBox and just upload the URL to the course website so we know where to look.
Is this course available through TAFEnow as a traineeship? How do I go about securing a traineeship?
Yes, you can combine work and study as a trainee. There are several ways to gain a traineeship:
  • Approach employers you would like to work for directly and let them know of your availability for a traineeship. You can telephone, email or visit them.
  • You should also approach large organisations that you know offer traineeships (or example large energy companies a government transport company like rail or bus.
  • Look for job vacancies in your local and state newspapers as well as on major job boards.
  • Many people get traineeship offers from employers they are already doing a part-time job for.
What happens if I fail a unit or an assessment event? What is TAFEnow’s re-submission policy?
Your teacher/assessor will provide feedback on your assessment event and will let you know if you have met the requirements. If you have not met the requirements, you will have one extra attempt to resubmit your assessment and get it to the required standard to become competent in this unit. If you do not succeed in your second attempt a fee may be charged for an assessor to mark your third submission.
Can I transfer to a campus class if I struggle online?
Before considering a change it is best to discuss your options with TAFEnow’s Educational Support Officers who may be able to arrange additional support for your studies. If your course is available at an NC TAFE campus you may be able to transfer. Please contact the customer contact centre.
I’m currently living overseas, is it okay for me to do this course?
You can do this course from overseas, but please be aware that it conforms to Australian accounting and office practice standards.
If I do a course with TAFEnow, can I get an extension on my visa?
You must apply for a visa extension directly with the Department of Immigration and Border Protection. TAFEnow can provide you with a Confirmation of Enrolment (COE) once you’ve enrolled in a course as proof of your student status, but is unable to assist with your visa application.
Course Fees

Subsidised Student Fee VSL
$2850.00

More Information

This training is subsidised by the NSW Government and eligibility criteria apply.

This fee is the price you pay if you are completing your second qualification and meet eligibility criteria. The fee you pay may be lower or higher depending on your personal circumstances and eligibility for a subsidised place, a concession or an exemption. There may be limited government-subsidised places available.

If you do not gain a subsidised place, you may be able to enrol and pay the non-subsidised fee.
You may also be eligible for a VET Student Loan to assist with the cost of the course fee.

Contact us:

  • to find out if you are eligible for a subsidised place.
  • for a personal fee assessment.
  • to discuss payment options and loans available to you.
Course prices, charges, and study modes are subject to change without notice and may vary annually.


Exemption
$0.00

More Information

An exemption is where no course fee is charged to the student. For exemptions, the government-subsidises the total cost of the course fee for the qualification. There may be other additional costs, such as textbooks that you need to pay.

You may be eligible for an exemption from the course fee if you:

  • are Aboriginal or Torres Strait Islander (through descent, self-identification or community identification).
  • meet the Smart and Skilled disability criteria, (proof of a disability support pension or documentary evidence from an appropriate medical professional is required).
  • are the recognised dependent of disability support pension recipient.
Contact us:
  • to find out if you are eligible for a course fee exemption.
  • for a personal fee assessment.
  • to discuss payment options and loans available to you for any additional costs.
Course prices, charges, and study modes are subject to change without notice and may vary annually.


Fee for Service
$7500.00

More Information

There are no fee exemptions, concessions or subsidies available for this price. You are required to contribute to the full cost of your course. Your tuition fee includes all essential study materials.
Extra study resources may be available to enhance your learning and will attract an additional charge.
You may also be eligible for a VET Student Loan for some Diploma and Advanced Diploma level courses.
Contact us:

  • for a personal fee assessment.
  • to discuss payment options and loans available to you.
Course prices, charges, and study modes are subject to change without notice and may vary annually.


Your government subsidised fee, and your eligibility for concessions, exemptions and scholarships, are all calculated and confirmed during the enrolment process. The 2017 subsidised fees indicated on this page are indicative only and based on 2016 fees. The state government may make some small changes to fees and subsidies for 2017 enrolments and we will update our site if and when that happens.
Vet Student Loans Logo
VET student loans will not be approved for students who do not meet eligibility requirements. A VET student loan gives rise to a HELP debt that continues to be a debt due to the Commonwealth until it is repaid. For more information visit - https://www.tafensw.edu.au/vet-student-loans
Is This Course Right For You?
Industry Insights

The Accounting industry is a large contributor to the number of new jobs expected to be created nationally over the next five years. Accounting is one of the top ten occupations to contribute new jobs, with 25,700 new jobs expected to be created by 2019. Also, the Finance and Insurance Services industry is expected to grow by 11.3% in coming years.

The accounting and finance industry in Australia employs a large number of professionals who typically hold a post-school qualification – in fact, one in four holds a bachelor degree or higher qualification the top three occupations being bank workers, investment advisors and insurance clerks. Female employees make up 50% of the workforce in the accounting and finance industry.

Trends

REVENUE
BUSINESSES
EMPLOYEES
ANNUAL GROWTH
2011-2016
 

Source: ‘Australian Jobs 2015 Report' Australian Government – Department of Employment, ABS, IBISworld.

Course Reviews

At a glance

Course Code: FNS50215
Course Duration: 24 months
Units: 11
Recognition: Nationally
Cost: $7,500
(Do you qualify for a discount?)
Download a Course guide


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