Course Description

This qualification reflects the role of individuals working in accounting and seeking professional recogni- tion, 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.

Licensing/Regulatory Information

Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on requirements.

This qualification includes units that comprise an approved Tax Practitioner Board (TPB) course in Aus- tralian taxation law and commercial law, which are relevant for registration as a tax agent. Persons seek- ing registration with the TPB should check current registration requirements with the TPB, as registra- tion requirements are reviewed regularly.

Duration

46 Weeks (34 weeks of tuition and a maximum of 12 weeks holiday breaks)

Pathways

Pathways into the qualification

• FNS50215 Diploma of Accounting or
• FNS50217 Diploma of Accounting

Pathways from the qualification

• Higher Education Courses

Employment Opportunities

Possible job roles relevant to this qualification include:

• Tax agents
• Accounts managers
• Business analysts
• Employees performing a range of accounts management tasks for organisations in a range of indus- tries.

Recognition of Prior Learning (RPL) and Credit Transfer

A learner may be able to apply for RPL if they have gained competency from work, other programs, courses, life experience or training provided at work that is relevant to the course. The College recognises the AQF qualifications and statements of attainment issued by other registered training organisations.

Entry Requirements

• 18 years or older
• Satisfactorily completed year 12 or equivalent
• IELTS 5.5 or equivalent
• Completion of both FNSSS00014 Accounting Principles Skill Set and FNSSS00015 Advanced Account- ing Principles Skill Set; or FNS50215 Diploma of Accounting; or FNS50217 Diploma of Accounting.

Pre-requisite units for this qualification are:

• BSBFIA401 Prepare financial reports
• FNSACC311 Process financial transactions and extract interim reports
• FNSACC312 Administer subsidiary accounts and ledgers
• FNSACC408 Work effectively in the accounting and bookkeeping industry
• FNSACC416 Set up and operate a computerised accounting system
• FNSTPB401 Complete business activity and instalment activity statements
• FNSTPB402 Establish and maintain payroll systems
• FNSACC511 Provide financial and business performance information
• FNSACC512 Prepare tax documentation for individuals
• FNSACC513 Manage budgets and forecasts
• FNSACC514* Prepare financial reports for corporate entities
• FNSACC516 Implement and maintain internal control procedures
• FNSACC517 Provide management accounting information

*Note the following prerequisite unit requirements:

Unit in this qualification	Prerequisite units
FNSACC514 Prepare financial reports for corporate entities	BSBFIA401 Prepare financial reports FNSACC311 Process financial transactions and extract interim re- ports

Unit included in the Tax Practitioners Board approved course in Australian taxation law: FNSSS00008 Taxation Law for Tax Agents Skill Set (Tax documentation).



Course Contents/ Units of Competency




FNSACC624	Monitor corporate governance activities	CORE UNITS
FNSINC601	Apply economic principles to work in the financial services industry	CORE UNITS
FNSINC602	Interpret and use financial statistics and tools	CORE UNITS
FNSACC505	Establish and maintain accounting information systems	ELECTIVE UNITS
FNSACC511	Provide financial and business performance information	ELECTIVE UNIT
FNSACC512	Prepare tax documentation for individuals	ELECTIVE UNIT
FNSACC514	Prepare financial reports for corporate entities**	ELECTIVE UNIT
FNSACC516	Implement and maintain internal control procedures	ELECTIVE UNIT
FNSACC517	Provide management accounting information	ELECTIVE UNIT
FNSACC602	Audit and report on financial systems and records*	ELECTIVE UNIT
FNSACC613	Prepare and analyse management accounting information*	ELECTIVE UNIT
FNSACC606	Conduct internal audit*	ELECTIVE UNIT
FNSFMK505	Comply with financial services legislation and industry codes of practice	ELECTIVE UNIT
FNSORG602	Develop and manage financial systems	ELECTIVE UNIT

Elective units have been selected by the College in consultation with industry experts.

*Note the following prerequisite unit requirements:

Unit in this qualification	Prerequisite units
FNSACC514 Prepare financial reports for corporate entities	BSBFIA401 Prepare financial reports FNSACC311 Process financial transactions and extract interim re- ports
FNSACC602 Audit and report on financial systems and records	FNSACC516 Implement and maintain internal control procedures
FNSACC606 Conduct internal audit	FNSACC516 Implement and maintain internal control procedures
FNSACC613 Prepare and analyse management accounting information	FNSACC517 Provide management accounting information

Unit included in the Tax Practitioners Board approved course in Australian taxation law: FNSSS00008 Taxation Law for Tax Agents Skill Set (Tax documentation).

Five out of 14 units are completed as five core units / part of FNS50217 Diploma of Accounting including:

• FNSACC511 Provide financial and business performance information
• FNSACC512 Prepare tax documentation for individuals1
• FNSACC514 Prepare financial reports for corporate entities*
• FNSACC516 Implement and maintain internal control procedures
• FNSACC517 Provide management accounting information

9 units are delivered at the FNS60217 Advanced Diploma of Accounting level.

** Units included in the Tax Practitioners Board approved course in Australian taxation law

Training Product Status	Superseded
Training Product Release Date	6 September 2018

Duration

46 Weeks (34 weeks of tuition and a maximum of 12 weeks holiday breaks)

Campus Location

Level 9, 310 King Street, Melbourne Victoria 3000

Contact

Phone: 0061-3-9629 3693
Fax: 0061-3-9629 7146
Email:
contact@einsteincollege.vic.edu.au

fees

Click here for more information

course code

FNS60217

intake Dates

Weekly Enrolment