FNS50215 Diploma of Accounting
CRICOS Course Code: 090523E
The Diploma of Accounting course is designed to equip students with the practical knowledge and skills required for employment in the Financial Services Industry as Assistant Accountants, Office Managers, Administration Managers and Budget Officers.
It provides students with a chance to acquire professional career development skills with helpful hints on applying for jobs, interviews, networking, professional development opportunities and connections with industry.
For further information on this qualification; please visit
- Students must be over 18 years of age,
- Students must have completed an overseas equivalent of Year 12
- Students must have either an IELTS score of 5.5 total or above with no band lower than 5.0 or
- Paper based (PBT) TOEFL score of 550 or above or
- Internet based (iBT) TOEFL score of 78 or above and must provide documentation to that effect.
Entry requirements will be checked at enrolment in line with the RTO’s Student entry requirements, selection, enrolment and orientation policy.
|Tuition fee per term||$2200|
|Total course fee||$8800|
|Materials Fee (Per Qualification)||$100|
|Total unit of competencies||11|
|Delivery||Face-to-face and online delivery|
|Award||Candidates upon successful completion of this qualification will be issued with a: FNS50215 Diploma of Accounting|
Sample Time Table and Intake dates for FNS50215 DIPLOMA OF ACCOUNTING
|Days||Intake Dates 2018|
|Wednesday-Thursday (8:00am – 4:00pm)||Jan 15 | Feb 19 | Apr 9 | Jul 2 | Aug 13 | Sep 24|
|Monday – Wednesday (4:30pm – 9:30pm)||Jan 15 | Feb 19 | Apr 9 | Jul 2 | Aug 13 | Sep 24|
|Wednesday- Thursday (9:00am – 5:00pm)||Jan 15 | Feb 19 | Apr 9 | Jul 2 | Aug 13 | Sep 24|
Course Structure and Mode of Delivery
There 11 units of competency in this qualification. This will be delivered over a period 52 weeks with 8 weeks of holidays, consisting of 2 days total of 15 hours per week of classroom based face-to-face learning and 5 hours of online learning delivered through SMC e-learning platform based on Moodle (http://sydneymetrocollege.edu.au/SMC-E-Learning/ ) i.e., total of 20 hours per week.
Following 11 units need to be completed. These include 6 cores and 5 electives as per training package requirements:
Unit of Competency
|Unit Code||Unit Name||Classification|
|FNSACC501||Provide financial and business performance information||Core|
|FNSACC502||Prepare tax documentation for individuals||Core|
|FNSACC503||Manage budgets and forecasts||Core|
|FNSACC504||Prepare financial reports for corporate entities||Core|
|FNSACC506||Implement and maintain internal control procedures||Core|
|FNSACC507||Provide management accounting information||Core|
|BSBFIA401**||Prepare financial reports**||Elective|
|FNSACC301**||Process financial transactions and extract interim reports **||Elective|
|FNSACC405||Maintain inventory record||Elective|
|FNSACC505||Establish and maintain accounting information systems||Elective|
|FNSORG506||Prepare financial forecasts and projections||Elective|
** BSBFIA401 Prepare financial reports and FNSACC301 Process financial transactions and extract interim reports are pre-requisite units for FNSACC504 Prepare financial reports for corporate entities.
Students will be provided with access to the following resources required to complete the qualification successfully upon enrollment:
- Tables and chairs
- Data projector
- VCR/DVD Player and TV
- Computer Lab
- Software such as Microsoft Office and MYOB
- PPT Slides
- Unit of Competency
Assessment is structured throughout the course. If students are unable to achieve competency, additional support is provided through mentoring and access to re-assessment as outlined in our policies and procedures. Assessment requires achievement across all tasks to demonstrate competence and includes:
- Written questioning and Exercises
- Oral questioning
- Case Study analysis
- Written Reports
- Role Play
Recognition of Prior Learning (RPL)
Students with prior learning and work experience can apply for RPL. Students who have completed corresponding units of competency and/or units contained within the packaging rules can apply for Credit Transfer. For more information, see our current policies and procedures at http://www.sydneymetrocollege.edu.au/downloads/
Pathways from the Certificate IV in Accounting:
After successful completion of an FNS50215 Diploma of Accounting, candidates may undertake the FNS60215 Advanced Diploma of Accounting or a range of other Advanced Diploma qualifications.
Before enrolment, each student should ensure they meet the following requirements:
- Read and understand the complete student handbook available at http://www.sydneymetrocollege.edu.au/current-student/student-handbook/
- Read and understand all policies and procedures available as http://www.sydneymetrocollege.edu.au/downloads/
- Provide the organisation with their USI number. For more information, please visit https://www.usi.gov.au/students/create-your-usi
- A student may require to complete a SMC LLN test.