FNS50215 Diploma of Accounting

CRICOS Code: 096689A

Course Description

This qualification reflects professional accounting job roles in financial services and other 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 guidance to others within defined guidelines.

Licensing/Regulatory Information

This qualification includes units that comprise an approved Tax Practitioner Board (TPB) course in Australian taxation law and commercial law. Persons seeking registration with the TPB should check current registration requirements with the Board.


Pathways into the qualification

Preferred pathways for candidates considering this qualification include:

FNS40615 Certificate IV in Accounting


with vocational experience in a range of work environments in senior support roles but without a qualification.

Pathways from the qualification

FNS60215 Advanced Diploma of Accounting qualification

Employment Opportunities

Job roles and titles vary across different industry sectors. Possible job roles relevant to this qualification include professional accounting job roles in financial services and other industries including

  • providing financial and business performance informatio
  • preparing income tax
  • managing budgets and forecast
  • providing management accounting information.

Mode of Study

The mode of study includes:

  • Classroom based face-to- face training
  • Self-study during the duration of the course

Assessment Methods

Assessment methods include written tests, projects, and observations.

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

Applicants with no formal qualifications and who are commencing within or have experience within a relevant accounting industry may also be considered for entry into the course.

Nationally Recognized Training

Course Contents/ Units of Competency

FNSACC501 Provide financial and business performance information CORE UNITS
FNSACC502 Prepare tax documentation for individuals** CORE UNITS
FNSACC503 Manage budgets and forecasts CORE UNITS
FNSACC504 Prepare financial reports for corporate entities CORE UNITS
FNSACC506 Implement and maintain internal control procedures CORE UNITS
FNSACC507 Provide Management Accounting information CORE UNITS
BSBFIA401 Prepare financial reportsELECTIVE UNITS
FNSACC301 Process financial transactions and extract interim reports ELECTIVE UNITS
BSBITU402 Develop and use complex spreadsheets ELECTIVE UNIT
FNSACC505 Establish and maintain accounting information systemsELECTIVE UNIT
BSBWOR501 Manage personal work priorities and professional development ELECTIVE UNIT

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

The following are prerequisite units for FNSACC504:

  • BSBFIA401 Prepare financial reports
  • FNSACC301 Process financial transactions and extract interim reports

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

Training Product Status Superseded
Training Product Release Date14 January 2016

52 Weeks (40 weeks of tuition and a maximum of 12 weeks holiday breaks)

Campus Location

Ground Floor, 313 – 315 Flinders Lane, Melbourne Victoria 3000


Phone: 0061-3-9629 3693
Fax: 0061-3-9629 7146

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intake Dates

Weekly Enrolment


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