FNS50215 Diploma of Accounting

FNS50215 Diploma of Accounting

CRICOS Course Code: 090523E

Course Description

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


Entry Requirements

  • 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.

Enrolment fee$200
Tuition fee per term$2200
Total Terms4
Total course fee$8800
Materials Fee (Per Qualification)$100
Total unit of competencies11
DeliveryFace-to-face and online delivery
Duration52 weeks
AwardCandidates 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

DaysIntake 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 CodeUnit NameClassification
FNSACC501Provide financial and business performance information Core
FNSACC502 Prepare tax documentation for individualsCore
FNSACC503 Manage budgets and forecasts Core
FNSACC504 Prepare financial reports for corporate entities Core
FNSACC506Implement 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
FNSACC405Maintain inventory recordElective
FNSACC505Establish and maintain accounting information systems Elective
FNSORG506Prepare financial forecasts and projectionsElective

** 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:

    • Classroom
    • Tables and chairs
    • Whiteboard
    • Data projector
    • VCR/DVD Player and TV
    • Computer Lab
    • Software such as Microsoft Office and MYOB
    • PPT Slides
    • Unit of Competency
    • Assessments

Assessment Methods

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
    • Project
    • Case Study analysis
    • Written Reports
    • Demonstration
    • Presentation
    • 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.

Other Information

Before enrolment, each student should ensure they meet the following requirements: