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 but generally well-defined parameters.
Outcomes
Potential Careers
- Complex tax issues and plans
- Corporate governance matters
- Auditing and reporting on financial systems
- Analyzing management accounting information and the application of a range of principles in legal related matters.
Practical Skills
- Analyse and report on a broad range of financial and business performance information
- Prepare non-complex income tax returns
- Review corporate governance requirements
- Gather, record and analyze operating cost data
- Apply broad principles of financial economics that underpin business functions in the financial services industry
- Develop and implement processes and procedures for corporate governance
- Contribute to strategic development and organisational improvement plans
- Execute tasks associated with the recruitment cycle
- Create systems and processes to organize information and prioritize tasks
- Lead teams and actively engage with management
Mode of Delivery
Course Duration
The program for FNS60217 Advanced Diploma of Accounting is delivered over 78 weeks with actual student contact hours being 20 hours per week for 60 weeks. It has been divided in to 6 terms of 10 weeks each with 18 weeks of holidays.
Who Should Undertake This Qualification
Providing you with practical training in the specialised knowledge of the accounting discipline, this qualification would be valuable for employees who currently need to perform accounting duties such as introducing and maintaining accounting systems, reporting on business performance and preparing financial statements. It’s also designed to provide a comprehensive skill set those who are seeking a new career in the field of accounting.
Face to Face
Trainer led sessions with in-class experiential activities
Online
Moodle Based Assessment Tasks
Location
ℹ️ Information
Course Requirements
General Requirements
- Students must be over 18 years of age
- A fully completed Australian AQF Level 4 qualification or High School Certificate qualification or equivalent; or overseas qualifications in Higher Education.
- Sufficient language, literacy and numeracy skills to complete the course
- Students whose first language is not English, must provide proof of English language competency by providing one of the below:
✓ A current IELTS score of 5.5 total or above with no band lower than 5.0;
✓ Proof of completion of an Australian qualification in English language that is of one year or longer duration;
✓ Successful completion of an approved English of Academic Purposes courses meeting IELTS 5.5 equivalent requirements;
✓ Successful score of Upper Intermediate Level of completion of the School’s English Language Placement Test.
Basic Computer Skills:
- Knowledge of common computing terms and word processing
- Proficiency with web browser software and sending/receiving e-mail including e-mail with attachment.
- Familiarity with navigating the Internet
- Familiarity with using Microsoft Office
Language, Literacy and Numeracy
Unique Student Identifier
The following units of competency are required for the completion of this course.
Total number of units = 16
Assessment Overview
Assessment marking system:
- Competent (C) result: the student’s submitted work satisfies the learning requirements and all competency standards for the unit (in accordance with the National Register https://training.gov.au/).
- Not Yet Competent (NYC) result: the student’s submitted work does not demonstrate their understanding of all competency standards in the unit. If a student receives a ‘Not Yet Competent’ outcome, he or she will receive written feedback from a trainer/assessor, clearly outlining where the gaps are. The student will then be required to rectify these gaps and re-submit their assessment for marking.
Learner Resources
Southern Cross School of Business will provide its students with access to a wide range of learning resources. Some of those resources have been developed in-house whereas some other resources have been purchased from reputable resource providers available in the market. The resources available to students are in the form of Power point slides on each unit, Learner’s Guide or Student Workbook, access to ‘Handout’ folders in the Student online portal, which will contain handouts under each of the unit’s assessment resources. All students will be given the opportunity to obtain the soft copies of available resources, should they desire.
There are general use computers available at the campus. However, for ease of access, the School encourages students to bring their own laptop / media pads to the school for added convenience.
The following units of competency are required for the completion of this course.
Total number of units = 14
- 3 Core Units
- 11 Elective Units
Core Units
Learning Content
FNSACC634
Monitor corporate governance activities
In this unit students will learn skills and knowledge required to research corporate governance reporting trends, examine corporate governance standards and practices, and review compliance to develop and implement processes and procedures for meeting corporate governance obligations.
A variety of assessment tools are used including a case study, theoretical questions and a project.
FNSINC611
Apply economic principles to work in the financial services industry
In this unit students will gain the skills and knowledge required to apply broad principles of financial economics that underpin a range of tasks and functions in the financial services industry. It includes understanding how financial instruments are priced in markets, and techniques and processes government and organisations use to manage financial risk, demonstrating broad knowledge of economic theories and related decision making in a national and organizational economic context.
A variety of assessment tools are used including a case study, theoretical questions and a project.
FNSINC612
Interpret and use financial statistics and tools
In this unit students will gain the skills and knowledge required to access, interpret and analyse statistical data relevant to the financial services industry. It encompasses producing new statistical information and reports from existing data using a range of tools and processes.
A variety of assessment tools are used including a case study, theoretical questions and a project.
Elective Units
Learning Content
FNSACC601
Prepare and administer tax documentation for legal entities*
In this unit students gain the skills and knowledge required to identify taxation requirements for complex lodgements and returns for legal entities. It involves gathering, analysing and processing taxation related data to prepare tax documentation, and to review and apply compliance requirements.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities.
FNSACC614
Prepare complex corporate financial reports*
In this unit students will gain the skills and knowledge required to compile and analyse financial data, identify appropriate reporting requirements, and develop and prepare complex financial reports for reporting entities.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities.
FNSFMK515
Comply with financial services regulation and industry codes of practice
In this unit students will gain the skills and knowledge required to ensure compliance with finance industry regulations and industry codes of practice on an organisational level.
A variety of assessment tools are used including a case study, theoretical questions and a project.
FNSINC513
Identify and apply complex ethical decision making to workplace situation
In this unit students will learn how to develop skills and knowledge required to analyse ethical principles and its effects on actions and behaviours in the workplace. Apply ethical structures in the workplace and analyse legal and organisational security to make ethical decision.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities.
BSBSTR602
Develop organisational strategies
In this unit students will learn how to develop skills and knowledge required to obtain information relevant to business issues, analyse information and knowledge, take decisions on business issues identified and disseminate information to the organisation. Develop and maintain information
processing systems to support decision making; and to optimise the use of knowledge and learning throughout the organisation and source and analyse information for business decisions. Contribute information and the outcomes of analysis to decision making and design, test and adjust information
systems to meet needs and objectives.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities.
BSBOPS601
Develop and implement a business plan
In this unit students will learn the skills and knowledge required to run a business operation and covers the steps required to develop and implement a business plan.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities.
BSBLDR601
Lead and manage organisational change
In this unit students will learn how to determine strategic change requirements and opportunities; and to develop, implement and evaluate change management strategies.
A variety of assessment tools are used including a case study, theoretical questions and a project.
BSBSTR601
Manage innovation and continuous improvement
In this unit students will learn the skills and knowledge required to sustain and develop an environment in which continuous improvement, innovation and learning are promoted and rewarded.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities.
BSBINS601
Manage knowledge and information
In this unit students will learn the skills and knowledge required to analyse and interpret information about the organisation’s internal and external environment and consult with stakeholders to identify requirements and opportunities for changes that support organisational objectives. Prioritise opportunities for changes with input from managers and develop a change management project
plan for the priority changes incorporating resource requirements, risk management and timelines. And develop strategies to communicate or educate the changes and embed them.
A variety of assessment tools are used including a case study, theoretical questions and a project.
BSBCRT611
Apply critical thinking for complex problem solving
In this unit students will learn the skills and knowledge required to identify complex issue for resolution within scope of job role and in consultation with relevant stakeholders. Evaluate formulated solutions for advantages and limitations using critical thinking techniques and develop a feedback register to systematically record feedback according to organisational requirements.
A variety of assessment tools are used including a case study, theoretical questions and a project.
FNSACC521
Provide financial and business performance information
In this unit students will gain skills and knowledge required to analyse and report on a broad range of financial and business performance information. It encompasses assessing client needs, analysing data, and preparing advice.
A variety of assessment tools are used including a case study, theoretical questions and a project.
For more information about this course, please visit https://training.gov.au/Training/Details/FNS60222
