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Diploma of Accounting

FNS50217

Diploma of Accounting – FNS50217

Course Overview

The Diploma of Accounting prepares you for a professional Accounting role in the financial services industry, and includes units that meet the Tax Practitioners Board requirements for Australian taxation law and commercial law.

You will learn how to prepare financial reports, operational budgets, financial statements, and tax documentation for individuals, as well as the expertise to provide financial, business performance, and management accounting information. You will also learn how to manage budgets, make forecasts, and implement and maintain internal control procedures.

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.

This course can be studied on-campus or off-campus and is available as part of the 2019 Free TAFE Courses for eligible students.

Studying during COVID-19 Restrictions

We’ve had to make adjustments to how our courses are delivered due to the restrictions imposed by COVID-19. This means that we’re currently offering a combination of delivery modes including online and flexible learning and, where we can, on-campus classes with strict social distancing in place.

Career Pathways

The Diploma of Accounting gives you the skills to take up a number of roles across the financial services industry.

Working in this industry will give you exposure to a broad range of people and operations. You may be dealing with customers, working with Microsoft Office or specialist software packages, or entering and processing financial information.

Armed with these essential business skills, you'll have the chance to work across different industries and locations.

Further Study

After graduating, you might like to undertake further study in Accounting at the university-level.

Course Dates & Times

Shepparton - Fryers Street

Starts 1st May, On Campus, 1 night per week, Day and times to be confirmed /2020

Starts 1st Sept, On Campus, 1 night week, days and times to be confirmed /2020

1. Subsidised Standard
$5,295.00
2. Full Fee
$5,954.00
Course Materials
$488.00
Student Services Fees (per year)
$70.00

The student tuition fees as published are subject to change given individual circumstances at enrolment. Please note all fees and charges are correct at time of publication for 2020 and may change without notice.

Students will be invoiced for the components of the course that they are enrolled into for each year or semester.

Material fees cover costs associated with the following where applicable, and not limited to:

  • Classroom activity consumables, handouts and booklets
  • E-Learning resources and associated license access fees
  • Excursions

Additionally some courses require students to purchase or supply text books, 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 or during the pre-training review Interview.

All students are required to pay an annual Student Services Fee (SSF) of $70.00. The Student Services Fee contributes to the provision of student engagement, learning and support services. SSF does not apply to short course participants.

Further details on fees available

Entry requirements

Completion of the following six units, or their equivalent, which constitute the requirements for the FNSSS00014 Accounting Principles Skill Set:

  • FNSACC311 Process financial transactions and extract interim reports
  • FNSACC312 Administer subsidiary accounts and ledgers
  • FNSACC408 Work effectively in the accounting and bookkeeping industry
  • FNSACC416 Set up and operate a computerised accounting system
  • FNSTPB401 Complete business activity and instalment activity statements
  • FNSTPB402 Establish and maintain payroll systems;

OR

Completion of FNS40615 Certificate IV in Accounting or equivalent;

OR

Completion of FNS40215 Certificate IV in Bookkeeping or equivalent.

Please note for the above: provided they do not duplicate the outcome of another unit chosen for the qualification

GOTAFE preferred entry requirements

Before being accepted into the course you must:

  • Attend an interview
  • Undertake a Pre-training Review to document your previous work experience and qualifications and assess your suitability for the course
  • Complete a CSPA test to ensure you have the required language, literacy and numeracy levels required for the course

The selection criteria for this course are:

  • Ability to undertake training at this qualification level
  • Literacy and numeracy skills of an appropriate level
  • Keen interest in this Industry sector
  • Ability to communicate with others
  • Computer skills in Word, Excel and use of the Internet to a basic level
  • Ability to organise study and work independently.


Core Units
FNSACC511
Provide financial and business performance information
FNSACC512
Prepare tax documentation for individuals
FNSACC513
Manage budgets and forecasts
FNSACC514
Prepare financial reports for corporate entities
FNSACC516
Implement and maintain internal control procedures
FNSACC517
Provide management accounting information
Elective Units
BSBITU402
Develop and use complex spreadsheets
FNSACC408
Work effectively in the accounting and bookkeeping industry
FNSACC412
Prepare operational budgets
FNSACC414
Prepare financial statements for non-reporting entities
FNSACC505
Establish and maintain accounting information systems
FNSORG506
Prepare financial forecasts and projections

Assessment methods may include:

  • Class room activities and observation
  • Role plays
  • Assignments
  • Short answer questions
  • Supervised tests
  • Portfolios

Trainees will also be required to demonstrate competency in their workplace.

Ross Opie & Julie Goodall

It is important that students commit to all course requirements, including study and assessments the student may need to complete outside their normal training sessions.

If attending on-campus, students will be required to attend the timetabled on-campus classes 1 night per week and undertake a minimum of 3 hours per week of self-directed learning, researching, studying and completing the required exercises and assessments.

If you are unable to attend the timetabled on-campus classes you will be required to contact your teacher and catch up before the next class.

If undertaking the course off-campus a timetable for completion will be developed with you. You will be expected to complete the required reading, research, exercises and assessments through self-direction. You will be supported by your teachers as required via phone, email and one-on-one face-to-face or Skype meetings.

If you need any further clarification of the information provided please contact one of our client service officers on 1300 468 233 who can assist you or submit an enquiry through our website now and one of the team will be in touch.

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.

As an enrolled student at GOTAFE you will be welcome to access a variety of non-academic support services from the Student Welfare Unit. These services are designed to best support you to successfully complete your course.

Services include on campus supports and remote supports

  • Counselling
  • employment information
  • careers
  • activities etc.

Learn more about support services

Refer to the Student Handbook for information regarding Learner’s Rights Student Handbook.

Further information is provided at course induction.

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

Enrolment in general public entry courses will require a selection interview. Please call 1300 468 233 to enquire further.

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.

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