FNS50222 Diploma of Accounting

COURSE INFORMATION

This qualification is intended for people who are working and/or wishing to work in professional accounting job roles in financial services and other industries. This qualification opens up a variety of accounting positions at the middle management level.

Qualification Code and Title

FNS50222 Diploma of Accounting

CRICOS Course Code

CRICOS Course Code: 113019E

Provider

Cass Training International College

RTO Code: 90309

 

CRICOS Provider Code: 00956C

Course Overview

This qualification reflects accounting job roles in financial services and other industries, including tax agents, accounts payable and accounts receivable officers, payroll service providers, and employees performing a range of accounting tasks for organisations in a range of industries. Individuals in these roles apply solutions to a range of often complex problems and analyse and evaluate information from a variety of sources. They apply initiative to plan, coordinate and evaluate their own work and provide guidance to others within defined guidelines

 

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.

 

The latest release of the qualification and packaging rules can be found at the following link:

https://training.gov.au/Training/Details/FNS50222

Entry Requirements

Cass Training International College has the following entry requirements:
International students must:

 

  • Be at least 18 years of age and have completed year 12 or equivalent
  • have an IELTS* score of 5.5 (test results must be no more than 2 years old). English language competence can also be demonstrated through documented evidence of any of the following:

o educated for 5 years in an English-speaking country; or

o successful completion of an English Placement Test.

 

*Note that other English language tests such as PTE and TOEFL can be accepted. Students are required to provide their results so that it can be confirmed they are equivalent to IELTS 5.5.

 

In addition to the above requirement, the Training Package states that entry to FNS50222 Diploma of Accounting course is limited to those who:

 

•  Prior to commencing this qualification, an individual has completed the following units of competency (or equivalent):

 

o FNSACC321 Process financial transactions and extract interim reports

o FNSACC322 Administer subsidiary accounts and ledgers

o FNSACC418 Work effectively in the accounting and bookkeeping industry

o FNSACC421 Prepare financial reports (this unit is the equivalent version of  SBFIA401 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.

Course Duration

This qualification will be delivered over 78 weeks, including 54 weeks of training and assessment spread over 6 terms of 9 weeks each and 24 weeks of holidays.

 

Class sessions are planned to ensure that students have a mixture of practical and theoretical components and those classes cater to a wide variety of learning styles. Additionally, workplace practices and environments are simulated and used to conduct skills-based assessments in accordance with unit requirements.

 

The timing for this course will be advised in the Letter of Offer.

Delivery mode and location

This program is delivered face-to-face in the classroom and through structured online self- study

 

The course is delivered at:

 

  • Ground Floor, 48 Lime Street Sydney NSW 2000

Career Outcomes

Students who complete this course may be able to seek employment in a range of entry-level accounting roles such as:

 

  • Assistant Accountant
  • Banking Services Manager
  • Client Manager (Financial Markets)
  • Credit Manager
  • Financial Planner
  • Financial Services Manager
  • Life Insurance Team Leader

Education Pathways

Students who complete this course may wish to continue their education into the FNS60222 Advanced Diploma of Accounting or a range of Advanced Diploma qualifications, as well as higher education qualifications in accounting and financial management.

Course Structure

The FNS50217 Diploma of Accounting requires the successful completion of six (6) core units and five (5) elective units. Electives for this qualification have been chosen by Cass Training International College to ensure that students achieve a broad range of skills and knowledge in accounting.

 

Units included in this qualification are:

 

BSBTEC402 Design and produce complex spreadsheets Core
FNSACC521 Provide financial and business performance information Core
FNSACC522 Prepare tax documentation for individuals Core
FNSACC523 Manage budgets and forecasts Core
FNSACC524 Prepare financial reports for corporate entities Core
FNSACC526 Implement and maintain internal control procedures Core
FNSACC527 Provide management accounting information Core
BSBLDR413 Lead effective workplace relationships Elective
FNSACC505 Establish and maintain accounting information systems Elective
BSBOPS502 Manage business operational plans Elective
BSBOPS403 Apply business risk management processes Elective

*Note the following prerequisite unit requirements.

Unit in this qualification
FNSACC321 Process financial transactions and extract interim reports

FNSACC322 Administer subsidiary accounts and ledgers

Prerequisite units
FNSSS00014 Accounting Principles Skill Set

Unit in this qualification

FNSACC418 Work effectively in the accounting and bookkeeping industry

FNSACC421 Prepare financial reports (this unit is the equivalent version of BSBFIA401 Prepare financial reports).

Prerequisite units
FNS40222 Certificate IV in Accounting and Bookkeeping.
CASS Training International College has taken into consideration the pre-requisite units in sequencing the units.

Course progress

Note that for international students, satisfactory course progress is required in order to meet visa requirements. Students who are identified as being at risk of not meeting course progress requirements will be provided with additional support as recorded in an intervention strategy. The International Student Pre-enrolment Information Handbook can be found online at www.ctic.com.au

Enrolment and Orientation

Upon acceptance of a student’s application for enrolment, a letter of offer, as well as a written agreement and tax invoice for remaining fees, will be forwarded to students. Students must read through all provided information as it will provide all necessary information about the course of study.  A Confirmation of Enrolment (CoE) letter will be issued once the signed acceptance of the offer and written agreement are received.

The first day of each course will include orientation and induction. Orientation will include information about the campus, living in Australia, accessing our support services and methods for achieving success throughout the course, including course progress requirements.

This course outline should be read in conjunction with the International Student Pre-enrolment Information Handbook. This can be found online at www.ctic.com.au 

Additional Support

All students will be provided with a range of learning support options and resources to help them achieve competency. This includes:

 

  • Academic and personal support.
  • Referral to external support services.

Training Arrangements

Students are required to attend 14 hours of classroom training per week and complete online study of 6 hours per week.

Timetable information will be provided in the student’s Letter of Offer and Student agreement. Students may commence this course at the start of any unit.

Assessment Arrangements

Assessment methods used for this qualification will provide a range of ways for individuals to demonstrate that they have met the required outcomes including:

  • Projects
  • Presentations
  • Report writing
  • Observations
  • Questioning (oral or written)

At the beginning of each unit, trainers will outline the assessment tasks that must be completed.

Course Costs:

The costs for this course are as follows:

Enrolment fee: $300 (non-refundable to be paid on application)

Course fees: Total cost is AUD $16,200

Non-Tuition fees: May apply and can be found at www.ctic.com.au

A detailed payment plan and payment arrangements are provided in the letter of offer and written agreement. Course fees do not include computer software or textbooks, which are to be purchased at the student’s own cost. Non-payment of

course fees may result in cancellation of enrolment.

Name of Publication Approx. Price Publisher
Leadership and Management Theory and Practice, 7th Edition, Kris Cole $112.95

(Price correct as at 22 Feb 2022)

Cengage Learning www.cengage.com.au
Accounting: An Introduction to Principles and Practices, 9th Edition, Edward A. Clarke, Yvonne Wilson, Michael Wilson $134.95

(Price correct as at 09 Mar 2022)

Cengage Learning www.cengage.com.au

These textbooks may be purchased by students through Cengage Learning or any other bookshops or online providers that offer this publication.

International students are also required to take out Overseas Health Insurance Cover before arriving in Australia. Cass Training International College provides OSHC information in the International Student Pre-enrolment Information Handbook.

Additional costs associated with living in Australia are outlined in the International Student Pre-enrolment Information Handbook. Students should carefully review these costs in relation to budgeting. Further information can be found at https://www.studyinaustralia.gov.au/english/live-in-australia/living-costs.

Course Credit

Students may apply for recognition of existing qualifications or skills, knowledge and experience (credit transfer or recognition of prior learning) as per the information included in our International Student Pre-enrolment Information Handbook, which is available at www.ctic.com.au

For international students, the granting of course credit may affect course fees as well as the duration of the course.

The result of an application for credit and any changes to fees or course duration will be advised to students in writing.

If course credit is granted following issuance of the Confirmation of Enrolment, students will receive a new Confirmation of Enrolment showing a reduced duration.

For any questions about course credit, contact us at the details shown below.

Selection and enrolment procedures

To enrol for this course an enrolment form must be completed. which can be emailed or posted to students or downloaded from our website. The enrolment form should be completed and then sent to us along with all of the required documentation.

For more information about our selection and enrolment processes, contact us at the details shown below.

Contact Details

Call our office on (02) 9297 2400 or email us at info@casstraining.com.au