Diploma of Accounting
FNS50222
Diploma of Accounting - FNS50222
Explore this course:
Course Overview
Use analytical mind and problem-solving skills with this qualification and attract accounting roles in financial services and other industries.
If you enjoy solving a range of often complex problems and analysing and evaluating information from a variety of sources, this qualification is perfect for you. Students get to apply initiative to plan, coordinate, and evaluate their own work and provide guidance to others within defined guidelines.
This course is currently available as part of the Free TAFE scheme but is subject to eligibility requirements and may change in the future.
Careers & study pathways
Where can this course take me?
This qualification prepares students for roles in financial services and other industries. Roles graduates may be eligible for include:
- Tax Agent
- Accounts Payable and Accounts Receivable Officer
- Payroll Service Provider
Further study
After graduating, participants might like to pursue a pathway into a Bachelor's Degree at university level.
Course details
Upcoming dates and times
Choose a location below to learn more about when this course is offered and on which days you’ll need to attend.
Online Campus
(3 commencing soon)
Starts On: 03-Mar-2025 - Part time - Monday & Wednesday - 6.00pm - 9.00pm - Online Scheduled Classes - Applications Close: 10-Feb-2025
Starts On: 28-Apr-2025 - Part time - Monday & Wednesday - 6.00pm - 9.00pm - Online Scheduled Classes - Applications Close: 07-Apr-2025
Starts On: 21-Jul-2025 - Part time - Monday & Wednesday - 6.00pm - 9.00pm - Online Scheduled Classes - Applications Close: 30-Jun-2025
Study units
Take a look at some of the subjects you’ll be studying when you take this course.
This course requires a total of 11 units: 7 core and 4 elective.
Core units
7 unit(s)
- BSBTEC402 Design and produce complex spreadsheets
- FNSACC521 Provide financial and business performance information
- FNSACC522 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
Elective units
4 unit(s)
- FNSACC412 Prepare operational budgets
- FNSACC414 Prepare financial statements for non-reporting entities
- FNSACC505 Establish and maintain accounting information systems
- FNSPAY511 Process salary packaging arrangements and additional allowances in payroll
Attendance & commitment
General public online delivery | 1-year course length | Part-time study load
- Attend virtual classes two nights per week (Mondays and Wednesdays) from 6 - 9pm for 43 weeks over a year.
- Spend approximately 10 hours per week working through their course materials, research, revision, and completion of assessments.
- Attend a minimum of 80% of scheduled classes.
- Undertake supervised online assessments to meet the TBP requirements where required.
Assessment methods
Assessment methods may include:
- Knowledge questions
- Case studies
- Projects
- Observations
Before you begin
Entry requirements
Training package entry requirements
Before 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
GOTAFE entry requirements
Before being accepted into the course applicants:
- Complete a Basic Key Skills Builder (BKSB) online test to ensure the required literacy and numeracy levels for the course are met.
- Undertake a Pre-training Review by interview to ensure the course suits their needs and aspirations, and that they are likely to complete the course successfully.
- Students applying for the Diploma at GOTAFE must have completed FNS40222 Certificate IV in Accounting & Bookkeeping (or superseded equivalent FNS40217).
- This ensures students have all required Diploma pre-requisite units FNSACC321, FNSACC322, FNSACC418, FNSACC421, or their equivalents.
- At GOTAFE, 2-3 Certificate IV units are listed as electives in the Diploma course, so for those students who have completed the Certificate IV, FNSACC412, FNSACC414 & BSBTEC402 will be credit transferred, and only the remaining 8-9 units in the Diploma will be delivered.
- Where students did not complete their Certificate IV in Accounting and Bookkeeping with GOTAFE a copy of their academic qualification and transcripts must be provided before enrolment, as evidence they have completed the above required units. (If under particular circumstances, students do not have these units - as negotiated with a trainer before enrolment, arrangements will be made to deliver on an individual basis).
Technology requirements
- Students require access to PC equipment to undertake this course.
- Online delivery requires students to have reliable internet access, a webcam, headset/microphone, and competent computer skills.
- Live virtual classes require students to have access to two computer screens to enable them to watch and participate in classes on one screen, and to complete class work and activities on the other.
Industry requirements
- Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. After completing this course, refer to 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. After completion of this course, persons seeking registration with the TPB should check current registration requirements with the TPB, as registration requirements are reviewed regularly.
Enrolment
Please note: Eligible individuals who wish to access a government-subsidised place, must participate in a Pre-training Review. This will consider your:
- Aspirations/career goals
- Educational attainment and capability
- Literacy and numeracy skills
- Suitability for Recognition for Prior Learning (RPL) and Credit Transfer
Skills recognition / Recognition of Prior Learning (RPL)
Skills Recognition is an assessment only process that may result in credits towards a part or full qualification. There is no formal training involved, although you may choose to complete further training as a result of the assessment process.
You can apply for Skills Recognition before you enrol in the qualification you are seeking. You can apply for Skills Recognition through one or both of the following processes:
- Credit Transfer for formal training that might be equivalent to a new qualification or partial qualification.
- Recognition of Prior Learning (RPL) for people who have relevant and current skills and knowledge that they have gained through non-formal or informal learning i.e. work or life experience.
Fees and payments
This course is available as part of the Free TAFE scheme for eligible students.
Fees and costs
GOTAFE offers a range of payment options to help you pay your tuition fees, so you can get on with your studies.
This training is delivered with Victorian and Commonwealth Government funding to eligible individuals.
Please note that the fees on this webpage, for this particular course:
- are correct at the time of publishing for those enrolling in 2025 and may change without notice.
- will be discussed with applications as part of the application process to ensure it is understood what is being paid for and which fee rates they may be eligible for.
Course Fees consist of three different components:
- Student Tuition Fee - covers the costs of training and assessment. These fees vary across courses and are calculated based on a rate per nominal hour enrolled in. The student tuition fees as published are subject to change given individual circumstances at enrolment. Circumstances may include:
- an individual’s eligibility for Victorian (Skills First) and Commonwealth government-funded training
- an individual’s eligibility for concession rates on Victorian (Skills First) and Commonwealth government-funded training
- ineligible individuals who are required to pay the full fees for tuition and other costs.
- Material Fee - where applicable, cover the costs of classroom consumables, handouts and booklets, e-Learning resources and associated license access fees and excursions.
- Student Services Fee (SSF) – contributes to the provision of student engagement, learning and support services. SSF is a non-refundable annual fee that does not apply to short-course participants.
Additionally, some courses require students to purchase or supply textbooks, kits, tools, uniforms and personal protection equipment. Some specific materials may be purchased through the GOTAFE Bookshop. A full list with associated costs will be provided to you at your course information session, induction session, or during the pre-training review interview.
GOTAFE offers a range of payment options to help you pay your fees.
Learn more about fees, charges, refunds and payment options
Student support
As an enrolled student at GOTAFE you may access a wide range of academic support services to assist you to meet the academic challenges of your course from our Learning Support Unit.
Learning support
A free and confidential service to help you build the foundation skills you need to be successful at TAFE. Improve your english language, maths and/or writing skills; enhance your computer, exam and study skills.
Learn more about our learning support services
Library
Our library team are passionate about supporting students to achieve their study goals. They have subject guides, referencing help, and online resources to assist you with you assessments.
Find how to reach out to our library in Shepparton
Jobs and study options
Our Skills and Jobs Centres can assist and talk through options for courses, careers, assistance with job applications and more.
Reach out to our Skills and Jobs Centres
Contingent Study Arrangements
Where a situation arises that prevents campus attendance (such as COVID restrictions, natural disasters, etc.) and it is deemed an appropriate response in protecting the health and safety of staff, students, and visitors, this course will adapt to alternative training arrangements, possibly using online methods of teaching and/or communication while students engage from home with their Trainers. Any required practical components of the course will be moved to a more appropriate time.
Whether you need support with time management, your mental health, grief and loss, a diagnosed disability, financial hardship, or any other challenge life throws your way, we are here to help.
Support for personal issues
We have a dedicated team to ensure students have the help they need with personal issues impacting studies such as homelessness, family problems & setting up payment plans.
Find out how the Student Experience Team can help you
Disability support
Get access to the supports and adjustments you need for your disability or medical condition to be successful in your studies.
Seek support from our Equitable Learning Advisors
Counselling services
We offer free counselling services to help you work through life's challenges including grief and loss, mental health or relationships.
Learn about our Student Wellbeing Advisors
Koorie Unit
The Koorie Unit is a culturally safe space on our Shepparton Fryers Street Campus for all Koorie students enrolled and studying through GOTAFE, or with one of our education partnering organisations.
Refer to the Student Handbook for information regarding Learner’s Rights Student Handbook.
Further information is provided at course induction.
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Diploma of Accounting (FNS50222)
Use analytical mind and problem-solving skills with this qualification and attract accounting roles in financial services and other industries.