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Diploma of Accounting

Course Name: Diploma of Accounting

Provider: Open Colleges

Level: Diploma

Delivery Method: Online

Course Overview

The accounting industry is profitable, secure and wide-ranging. It suits industrious, intelligent people who love numbers and organisation. You don't need to study in a classroom to achieve quality accountancy qualifications, including this FNS50215 Diploma of Accounting which is available online.

This Diploma will provide you with practical training in the many areas of the accounting discipline. It would be very useful for employees who currently need to perform accounting duties such as introducing and maintaining accounting systems, reporting on business performance, and preparing financial statements; but it is also designed for those who are seeking new careers in accounting. This course also partially fulfils the Tax Practitioners Board (TPB) education requirements for registration as a tax agent. This course also includes a 12 month membership to the Tax Institute.

Investing in this Diploma is an asset for your future. Start any time of the year and pay in a flexible way.

Upon successful completion of this course, you'll receive the Diploma under the Financial Services Training Package FNS10.

Potential Career Outcomes

  • Accounts Assistant
  • Accounts Payable Clerk
  • Accounts Receivable Clerk
  • Accounts Supervisor

Course Subjects

  • FNSACC301 - Process financial transactions and extract interim reports
  • BSBFIA401 - Prepare financial reports
  • FNSACC501 - Provide financial and business performance information
  • FNSACC506 - Implement and maintain internal control procedures
  • FNSACC503 - Manage budgets and forecasts
  • FNSACC507 - Provide management accounting information
  • FNSACC504 - Prepare financial reports for corporate entities
  • FNSACC502 - Prepare tax documentation for individuals
  • FNSINC602 - Interpret and use financial statistics and tools
  • FNSACC505 - Establish and maintain accounting information systems
  • FNSINC601 - Apply economic principles to work in the financial services industry

Entry Requirements

Education:

There are no formal education entry requirements for this course.

Minimum Age:

You will need to be at least 18 years old

English:

This course involves reading learning content and undertaking a range of written assessments and engaging in online forums and discussions. Furthermore, the delivery mode relies on the extensive use of written communication. As such, entry to the course requires the successful completion of English to Year 12 level.

If you haven't successfully completed English at Year 12 level, you can demonstrate equivalency through one of the following:

  • Successful completion of a Nationally Recognised Training qualification at Certificate III level or higher; or
  • 3 years relevant industry experience in a role that requires the use of written documentation and communication

Open Colleges recognises that not all people are able to read, write and perform calculations to the same standard. See the Language, Literacy and Numeracy Considerations section for more information on tools, resources and support services provided to by Open Colleges.

Computing: 

Access to Accounting Software such as MYOB, Xero, Intuit or Reckon.

Equipment:

You will need access to:

  • A digital video recording device and/or a digital camera and associated software to save and upload video, image and audio files to OpenSpace. Many mobile phones and smart phones include this technology.
  • Software to view online videos and images. Software such as Adobe Reader, Windows Media Player, Windows Photo Viewer etc. are available as a free download from the internet.
  • Sharp EL735 calculator is recommended for FNSACC501 and FNSACC503.

Skills:

  • Creating, saving and editing Microsoft Office documents
  • Accessing and searching the internet
  • Downloading and saving documents from websites
  • Uploading documents through websites
  • Participating in online discussions
  • Compressing image files
  • Download and use Accounting Software such as MYOB, Xero, Intuit or Reckon

Language, Literacy and Numeracy:

Our free online assessment tool can help give you an idea of the language, literacy and numeracy skills needed to study a VET course. This tool can also help you determine your learning level and help you plan your future studies.

Additional Benefits

After enrolling in this program, you'll receive;

  • Institute of Certified Bookkeepers (ICB), 24-month student membership 
  • Association of Accounting Technicians Australia (AAT Australia), 12-month membership 
  • Institute of Public Accountants, 12-month membership
  • Affiliate membership with The Tax Institute, which provides you with:
  • The sought-after Taxation in Australia journal
  • Weekly TaxVine tax update e-newsletter
  • Free tax technical papers written by tax professionals for tax professionals
  • Unlimited use of the TaxLine research service
  • Access to powerful resources, progressive education and influential networks
  • Discounts on all products, events and services

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