Diploma of Accounting

General 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

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

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.

Career Opportunities: 
  • Assistant accountant
  • Senior financial clerk
  • Accounts receivable clerk
  • Accounts supervisor
  • Accounts payable clerk
  • Executive Officer in Accounting
  • Supervisor of Accounts Department
  • Company Bookkeeper
  • or any position that involves working with figures and company financials
  • Course Duration: 

    Typically this training course takes between 0.5 months - 2 years to complete, based on your own personal circumstances as well as the mode of study you choose. ( it also depends whether you complete this course on a Part Time or Full Time Basis)

    By way of example, if you were to do this training course online and continually commit time to complete the projects and assignments each week chances are you'll complete the course well ahead of the time.

    Method of Study: 
    • Online; E-Learning
    • Blended Learning
    • Workbased Learning
    • Distance
    • RPL
    • Fee For Service (Payment Plans available)
    • In-class study provides a structured studying experience and conventional face-to-face contact with your trainers and peers.

    • Online, Correspondence and Distance Education training courses give you the ability to study from just about anywhere, at any time when!

      This is great should you need flexibility and aren't able to commit to taking part in regular classroom sessions. You have the ability to study at your own tempo and finish your study course based on your own agenda. Contact us today to confirm which study technique may perhaps suit you best.

    Course Category: 

    This course falls within the Business, Management & Finance family of training courses. Business and commerce is the study of the principle and also application connected with planning, directing, organising, motivating and co-ordinating the human and material resources of private and public firms and institutions. It features the retailing and provision of goods and services in addition to personal development. The main purpose connected with this valuable area of knowledge is to build an awareness of the theory plus practice of making decisions plus policy creation, organisational development, planning, fiscal management, and the marketing and selling of products and professional services. Some of the courses of study provided in this specific category include things like: Accounting, Business, Management, Sales and Marketing, Office Studies, Banking, Finance and Commerce to name a few.


    There are no prerequisites for entry to this qualification. There are preferred pathways for candidates considering this qualification.

    Recognition of Prior Learning: 

    Recognition is available (on application) to students with prior skills, experience, knowledge or qualifications obtained from formal studies or training, in a related area. Recognition may reduce the duration of your studies (Subjective to evidence provide, mapped and assessed against the required unit/s of competency)

    To apply for RPL, please submit documentation in portfolio form for evaluation by AusCHS assessors.


    Competency determination is made after all relevant evidence is gathered. AUSCHS is receptive to evidence gathered from a variety of sources including our own assessment processes. AusCHS assessment processes include:

    • Recognition of Prior Learning/Credit Transfer
    • Written/Oral Questions
    • Written reports/Portfolio Assessments
    • Scenarios
    • Role Plays
    • Projects

    A possible training pathway for a student completing this qualification could be the following:

  • Bachelor of Commerce (Accounting)
  • Bachelor of Business (Accounting)
  • Modules/units: 

    Total number of units = 11

    6 core units plus
    5 elective units

    The elective units consist of:

  • 3 from the electives below.
  • Of the remaining 2 units:
  • up to 2 may be from the electives
  • up to 2 may be from Certificate IV, Diploma or Advanced Diploma in any currently endorsed training package or accredited course.
    The elective units chosen must be relevant to the work outcome and meet local industry needs.

    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

    BSBLDR402 Lead effective workplace relationships

    FNSACC301 Process financial transactions and extract interim reports

    FNSACC505 Establish and maintain accounting information systems

    FNSACC601* Prepare and administer tax documentation for legal entities**

    FNSACC607* Evaluate business performance

    FNSFMK505 Comply with financial services legislation and industry codes of practice

    FNSINC601 Apply economic principles to work in the financial services industry

    FNSINC602 Interpret and use financial statistics and tools

    FNSORG505 Prepare financial reports to meet statutory requirements

    FNSORG506 Prepare financial forecasts and projections

    FNSTPB503 Apply legal principles in consumer and contract law***

    FNSTPB504 Apply legal principles in corporations and trusts law***

    FNSTPB505 Apply legal principles in property law***

    *Note the following prerequisite unit requirements:

    Unit in this qualification

    1. FNSACC504 Prepare financial reports for corporate entities :-


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

    2. FNSACC601 Prepare and administer tax documentation for legal entities


  • FNSACC502 Prepare tax documentation for individuals
  • FNSACC607 Evaluate business performance
  • FNSACC501 Provide financial and business performance information

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

    FNSSS00003 Taxation law for tax agents Skill Set (Tax documentation) - FNSACC502 and FNSACC601

    *** Units included in the Tax Practitioners Board approved course in commercial law: FNSSS00005 Commercial law for tax agent Skill Set

  • Course Fees: 

    Total Fees- $5500*
    Valid till 31/10/2015
    Please inquire by emailing or contacting 1300600888 for the special promotion price
    Payment Plan Available**
    *online or distance based delivery mode only