FNS60222 Advanced Diploma of Accounting

Program Details:

Qualification Code & Name: FNS60222 Advanced Diploma of Accounting

Qualification Description:

This qualification reflects the role of individuals working in accounting and seeking professional recognition, including tax agents, accounts managers and business analysts; and to employees performing a range of accounts management tasks for organisations in a range of industries. At this level individuals are expected to apply theoretical and technical skills in a range of situations and to display initiative and judgement in planning activities. They have autonomy in performing complex operations and can be responsible for planning, coordinating and evaluating the work of others within broad parameters.

Licensing, legislative, regulatory or certification considerations

Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. 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. Persons seeking registration with the TPB should check current registration requirements with the TPB, as registration requirements are reviewed regularly.

Qualification Requirements: Total number of units = 14

• 3 core units, plus
• 11 elective units

Delivery Mode/s:

Zoom online-based face to Face blended learning -online (Moodle) Check the timetable with student services.

Units of Competency:

Core Units:

FNSACC634 Monitor corporate governance activities

FNSINC611 Apply economic principles to work in the financial services industry

FNSINC612 Interpret and use financial statistics and tools

Elective Units

FNSACC521 Provide financial and business performance information

FNSACC522 Prepare tax documentation for individuals

FNSACC524 Prepare financial reports for corporate entities

FNSACC526 Implement and maintain internal control procedures

FNSACC527 Provide management accounting information

FNSACC601 Prepare and administer tax documentation for legal entities*

FNSACC602 Audit and report on financial systems and records*

FNSACC603 Implement tax plans and evaluate tax obligations*

FNSACC605 Implement organisational improvement programs

FNSACC606 Conduct internal audit*

FNSACC608 Evaluate organisation’s financial performance*

Entry Requirements: Prior to commencing this qualification an individual must have completed the following qualifications (or equivalent).

FNS50222 Diploma of Accounting; or its superseded version FNS50217 Diploma of Accounting or equivalent, provided the listed elective unit BSBTEC402 Design and produce complex spreadsheets (or equivalent) has been completed by those seeking to enrol.

Pathways:

Undertaking a certificate, diploma, advanced diploma or associate degree can help you meet the entry requirements for your preferred degree. These qualifications often provide credit, reducing the duration of your bachelor degree.

Career Opportunities:

This industry-facing advanced diploma is designed to advance your career as a specialised accounting professional, tax agent, or assistant accountant.

Graduates will meet the educational requirements for registration as a tax agent as prescribed by the Tax Practitioners Board (TPB) under the Tax Agent Services Act (2009).

There are other conditions to be met in order to register as a tax agent (including a supervised work experience component) and graduates seeking tax agent registration are urged to check current licensing requirements with the TPB.

To become an accredited accountant, you must successfully complete the Bachelor of Accounting.