FNS50215 Diploma of Accounting

FNS50215 Diploma of Accounting is designed for accounting positions in the financial, retail, mining, hospitality, healthcare, logistics, manufacturing, taxation, property and other industries. The profession of accounting is subject to licensing and regulatory requirements. The course includes units to comply with the approved Tax Practitioner Board (TPB) in Australian taxation commercial law. Applicants should check current registration requirements with the Board.

The course is delivered at the SSB’s Parramatta Campus and online.

In order to attain this qualification students are required to complete 11 units of competency consisting 6 core units, and 5 elective units as listed below. Students may apply for exemption for any unit in which they can successfully demonstrate competency. Please refer to details under Skill Recognition/Credit.

Core Units

FNSACC501 Provide Financial and Business Performance Information

FNSACC502 Prepare Tax Documentation for Individuals**

FNSACC503 Manage Budgets and Forecasts

FNSACC504* Prepare Financial Reports for Corporate Entities

FNSACC506 Implement and Maintain Internal Control Procedures

FNSACC507 Provide Management Accounting Information

Elective Units

BSBFIA401 Prepare Financial Reports

BSBITU402 Develop and Use Complex Spreadsheets

FNSACC301 Process Financial Transactions and Extract Interim Reports

FNSACC505 Establish and Maintain Accounting Information Systems

FNSINC601 Apply Economic Principles to Work in the Financial Services Industry

**These units have prerequisite requirements.

Students are required to attend pre-recorded online lectures and streamed research documentaries. They are also expected to read the set material before attending a study session in order to reinforce SSB’s focus on problem solving.

The School has developed a tailored learning experience model which sets a pre-defined level of proficiency for each student in a topic before they can move on to the next topic. This enables each student to learn at their own pace and then to test their knowledge during the study session. Facilitators and researchers lead the study sessions using recent research outcomes to lead the discussion. Students are also assigned a “learning mentor” and have access to individual support as required throughout the study session.

The SSB has implemented its continuous quality assurance of learning known as the Learning Experience Standards (LES). LES is based on accountability, transparency, relevance, and continuous improvement of the course. FNS50215 Diploma of Accounting complies with LES as documented in the course outlines. Doing so has allowed the Sydney School of Business to develop, monitor, evaluate, and revise the content of its programs.

Assessment consists of specific consulting projects, case study reports, role plays, and short answer question quizzes. Three units have been clustered together for the purposes of assessment so that a large project that pertains to a number of key skills can be conducted to assess a number of units holistically.

Entrants are required to have completed year 12 or equivalent. If a year 12 certificate is not available, a student must have a certificate IV in Business. Students must also present proof of English proficiency in the form of current IELTS academic test result (not more than two years old) if English is not their first language. An IELTS score of 5.5 overall with no score below 5.5 in any skill area is required.

Students are selected based primarily upon whether or not they have satisfied the requirements for the course as explained above. Selection is also subject to course capacity. Students are accepted on a first come, first served basis. If a course is full, students will be offered a place in the same course for the next available start date.

Students may be eligible for course credit as a result of previous study, prior experience, or recognition of a competency currently held. Course credit can also be provided through national recognition, credit transfer, or recognition of prior learning. Upon application, students must present statements of attainments, documented qualifications, references, or other materials in order to be granted course credit. The granting of course credit allows a student to be exempt from particular course units.

These terms are explained in detail in our Student Handbook. Students must apply for Course Credit prior to the end of the second week of the course but are encouraged to apply at the time of course application. For further information about course credit and how to apply, contact our office.

This course has advanced standing granted at a number of Australian and UK universities on application. For further details contact info@ssb.edu.au

This qualification is at AQF Level 5 which is described in the AQF as the following.

Summary: Graduates at this level will have specialised knowledge and skills for skilled/paraprofessional work and/or further learning.

Knowledge: Graduates at this level will have technical and theoretical knowledge in a specific area or a broad field of work and learning.

Skills: Graduates at this level will have a broad range of cognitive, technical, and communication skills to select and apply methods to:

• analyse information to complete a range of activities
• provide and transmit solutions to complex problems
• transmit information and skills to others.

Application of knowledge and skills: Graduates at this level will apply knowledge and skills to demonstrate autonomy, judgment, and defined responsibility in known or changing contexts and within broad yet established parameters.

The total fees for this course are $4,800.00. This fee includes all tuition fees and the cost of all study material. You may pay your fees at the time of enrolment or by way of other payment options.  Details are provided in an offer letter upon submission of a successful application. Alternatively, you may visit our Financial Assistance Page, or contact us.

Upon acceptance of a student’s application for enrolment, a letter of offer will be sent through email. The letter will outline a written agreement and tax invoice for remaining fees. A Confirmation of Enrolment (CoE) letter will be issued once the signed acceptance of the offer and written agreement are received.

The first two days 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 your study. Attendance, course progress requirements, and student behaviour will also be discussed

The FNS50215 Diploma of Accounting course outline should be read in conjunction with SSB’s Student Handbook, available online at Handbook.

Limited number of scholarships and grants are available. To apply for a scholarship complete the Scholarship Form.