accounting_courses

Diploma of Accounting

FNS50215

  • Study this Diploma of Accounting (FNS50215) online when it suits you
  • Nationally recognised and accredited qualification
  • Prepares you to work as an Assistant Accountant

Have a question about this course?

At a glance

Study mode

laptop
Online

Provider

OTEN – Open Training & Education Network (RTO 90004)
Career Opportunities
Recognition

Nationally recognised - meets Australian Qualifications Framework standards
Recognised by the Association of Accounting Technicians

Prerequisites

No prerequisites for this course.

Location

Online

Course length
Self-paced (e.g. 18 hrs a week = finish in 6 months, 9 hrs a week = finish in 1 year). Complete within 18 months.
Study mode

Online


Online

Study from anywhere, when it suits you best and graduate with the identical qualification as an on-campus student.

Blended

Study part of the course online. Combine your online learning with classes or practical sessions on-campus at a college or university.

In-class

Attend classes on-campus at a university, TAFE or college and interact face-to-face with teachers and fellow students.

Assessment
By assignments + tests
Start date

Enrol anytime.

Provider
OTEN – Open Training & Education Network (RTO 90004)

TAFE NSW - OTEN - Open Training and Education Network (RTO 90004) is the largest online TAFE provider in Australia.

You can study OTEN’s accredited online TAFE courses at your own pace, and start anytime.

OTEN’s flexible courses are developed in consultation with relevant industry groups – to ensure you build the skills that are valued by employers.

TAFE NSW - Open Training & Education Network (RTO 90004) trading as Open Training & Education Network

Price

The course price can vary depending on a few factors, including whether you are an Australian resident or your chosen payment option. To find out more, contact the course provider.

Prerequisites

There are no prerequisites for this course.

If you pay for the course using a VET FEE-HELP government loan, you need to:

  • provide a Year 12 Senior Secondary Certificate of Education (from an Australian agency), OR
  • successfully complete a Language Literacy & Numeracy (LLN) test.

What you'll learn

Become trained in:

  • Preparing and processing financial documents
  • Using spreadsheet software and producing complex documents
  • Preparing financial statements for non-reporting entities
  • Managing budgets and forecasts
  • Analysing and reporting on business performance
  • Preparing income tax returns for individuals
  • Interpreting and using financial statistics and tools

Course structure

11 units

Core units

  1. FNSACC506 - Implement & maintain internal control procedures


    This unit describes the skills and knowledge required to review corporate governance requirements, implement operating procedures and monitor policy.

    It applies to individuals who use specialised knowledge and analytical skills to ensure organisational policy, compliance and quality requirements are met.

  2. FNSACC503 - Manage budgets & forecasts


    This unit describes the skills and knowledge required to prepare, document and manage budgets and forecasts, and encompasses forecasting estimates and monitoring budgeted outcomes. It applies to individuals who use specialised knowledge and analytical skills to prepare and manage strategic organisational information.

  3. FNSACC504 - Prepare financial reports for corporate entities


    This unit describes the skills and knowledge required to prepare financial reports for a reporting entity and encompasses compiling and analysing data and meeting statutory reporting requirements. It applies to individuals who use specialised knowledge and analytical skills to prepare financial reports that meet specific compliance requirements.

  4. FNSACC502 - Prepare tax documentation for individuals


    This unit describes the skills and knowledge required to prepare non-complex income tax returns for individuals in accordance with statutory requirements, and encompasses gathering and verifying data, calculating taxable income and reviewing compliance requirements.

    It applies to individuals who use systematic approaches and follow specific guidelines to ensure compliance requirements are met. Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. This unit is designed to meet educational requirements of the Tax Practitioner Board (TPB). Refer to the relevant regulator for specific guidance on requirements.

  5. FNSACC501 - Provide financial & business performance information


    This unit describes the skills and knowledge required to analyse and report on a broad range of financial and business performance information and encompasses assessing clients' needs, analysing data and preparing advice.

    It applies to individuals who, within their level of authority, apply specialised knowledge, systematic approaches and analytical techniques to research and prepare customised information for clients.

  6. FNSACC507 - Provide management accounting information


    This unit describes the skills and knowledge required to gather, record and analyse operating and cost data, prepare budget reports and review costing systems integrity to calculate and record the costs of products and services.

    It applies to individuals who use specialised knowledge and analytical skills to manage complex financial data and develop comprehensive organisational reports.

Elective units

  1. FNSINC401 - Apply principles of professional practice to work in the financial services industry


    This unit describes the skills and knowledge required to identify industry professional approaches to procedures, guidelines, policies and standards, including ethical requirements, and to model and meet expectations of these in all aspects of work.

    It applies to individuals who work in senior roles in the financial services industry and underpins other specialist units used in all sectors of the industry.

  2. BSBITU402 - Develop & use complex spreadsheets


    This unit describes the skills and knowledge required to use spreadsheet software to complete business tasks and produce complex documents.

    It applies to individuals employed in a range of work environments who require skills in creation of complex spreadsheets to store and retrieve data. They may work as individuals providing administrative support within an enterprise, or may be independently responsible for designing and working with spreadsheets relevant to their own work roles.

  3. BSBFIA401 - Prepare financial reports


    This unit describes skills and knowledge required to record general journal adjustment entries and to prepare end of period financial reports. It applies to individuals employed in a range of work environments who are responsible for preparing financial reports. They may be individuals providing administrative support within an enterprise, or they might have responsibility for these tasks in relation to their own workgroup or role.

  4. FNSACC404 - Prepare financial statements for nonreporting entities


    This unit describes the skills and knowledge required to develop a range of commonly required financial reports for entities that do not have a statutory duty to file financial reports with government agencies and regulators.

    It applies to individuals who use specialised knowledge and systematic approaches to collate and prepare financial information.

  5. FNSACC301 - Process financial transactions & extract interim reports


    This unit describes the skills and knowledge required to prepare and process routine financial documents, prepare journal entries, post journals to ledgers, prepare banking and reconcile financial receipts, and extract a trial balance and interim reports.

    It applies to individuals who use specialised knowledge and follow agreed processes to carefully check and process detailed financial information to ensure standards are maintained.

Support and delivery

Studying online explained

When you study online with OTEN, you can:

  • Study from anywhere, when it suits you best.
  • Graduate with the identical qualification as an on-campus student.
  • Get comprehensive support from teachers via phone and email.
  • Access course materials online.
  • Interact with teachers and fellow students via platforms like virtual classrooms, forums and video calls.

OTEN's online courses can also be referred to as distance education. Some hard-copy course materials and assessments may be accessed or submitted via post.

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