Accounting

Accounting is a discipline that is always in demand, and CIT’s Accounting qualifications provide high level training with work-ready skills to give you the edge in the workforce. This professional course will prepare you to perform advanced accounting roles.

  • Gain work experience with a guaranteed industry placement organised by CIT
  • This qualification is highly regarded by business, banking and financial industries because it combines hands-on training with high-level theory
  • New and improved qualification (FNS60217) that focuses on practical learning
  • Flexibility with your study timetable to suit your needs (day or night classes)^
  • Study with teachers who are accounting practitioners with current industry experience
  • Learn MYOB, a trusted Australian accounting software
  • Enjoy a diverse learning experience with both Australian and international students

^Dependant on teacher availability.

Graduates from this program will be ready to embark on, or continue with, successful careers in both the private and public sectors.

The Advanced Diploma fast-tracks you to the Bachelor of Business degree - a Charles Sturt University (CSU) qualification jointly delivered and completed in one year full-time by CIT and CSU at CIT's Reid campus.

This qualification includes units that are recognised by the Australian Tax Practitioners Board.

  • Course Details
    Course/s

    Certificate III in Accounts Administration
    CRICOS: 098028M National ID: FNS30317


    Certificate IV in Accounting and Bookkeeping
    CRICOS: 098125K National ID: FNS40217


    Diploma of Accounting
    CRICOS: 099030J National ID: FNS50217


    Advanced Diploma of Accounting
    CRICOS: 099029B National ID: FNS60217

  • Course Duration
    Duration

    TOTAL CIT PACKAGE: 2 years
    Certificate III: 6 months Certificate IV: 6 months Diploma: 6 months Advanced Diploma: 6 months

  • Course Intake
    Intake

    Semester 1 (February) and Semester 2 (July) 2019

    Semester 1 (February) and Semester 2 (July) 2020

  • Course Campus
    Campus

    CIT Reid

  • Course Fees
    Fees*

    Tuition Fees:

    2019*: Semester 1 - $6,650 Semester 2 - $6,650

    2020*: Semester 1 - $6,850 Semester 2 - $6,850

    Extra Fees:

    Certificate III - Materials: $10. Textbooks: $250 approx.

    Certificate IV - Textbooks: $450 approx.

    Diploma - Textbooks: $775 approx. Software: $70

    Advanced Diploma - Textbooks: $560 approx.

  • *Please note - Course fees are listed in $AUD and are based on a semester rate. Total course cost will vary depending on semester start date. Small fee increases happen annually in line with CIT's fee pricing review. 2018 and 2019 fees subject to change.

  • Entry Requirements

    Academic requirements:

    • ACT Senior Secondary Certificate or equivalent


    Students over the age of 20 may be eligible for adult entry. Please refer to Entry Requirements for more information.

    English requirements:

  • Course Subjects - Certificate III

    Certificate III in Accounts Administration
    CRICOS: 098028M | National ID: FNS30317

    Complete 11 subjects (7 Core and 4 Electives)


    Core - Complete all 7 subjects
    National ID
    Subject Name
    • BSBITU306
      Design and produce business documents
      CIT Code: MGNT384
      Description: This unit describes the skills and knowledge required to design and produce various business documents and publications. It includes selecting and using a range of functions on a variety of computer applications. It applies to individuals who possess fundamental skills in computer operations and keyboarding. They may exercise discretion and judgement using appropriate theoretical knowledge of document design and production to provide technical advice and support to a team.
      Prerequisites: Nil
    • BSBWRT301
      Write simple documents
      CIT Code: COMM343
      Description: This unit describes the skills and knowledge required to plan, draft and finalise a basic document. It applies to individuals who apply a broad range of competencies in various work contexts and may exercise some discretion and judgement to produce a range of workplace documentation.
      Prerequisites: Nil
    • FNSACC304
      Conduct business activities using a computerised accounting system
      CIT Code: ACCT447
      Description: This unit describes the skills and knowledge required to conduct business activities using a computerised accounting system. This work is conducted under supervision and encompasses entering information into the system, processing transactions in the system, and producing reports. It applies to individuals who use specialised knowledge, information technology, and coordination skills when operating computerised accounting systems in the course of their business activities in service and trading environments.
      Prerequisites: Nil
    • FNSACC311
      Process financial transactions and extract interim reports
      CIT Code: ACCT431
      Description: This unit describes the skills and knowledge required to prepare and process routine financial documents, prepare journal entries, post journal entries to ledgers, prepare banking and reconcile financial receipts, and extract a trial balance and interim reports. It applies to individuals who use specialised knowledge and follow agreed processes to carefully check and process detailed financial information to ensure standards are maintained. Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.
      Prerequisites: Nil
    • FNSACC312
      Administer subsidiary accounts and ledgers
      CIT Code: ACCT432
      Description: This unit describes the skills and knowledge required to reconcile and monitor subsidiary accounts in financial accounts receivable systems, identify bad and doubtful debts and plan a recovery action, record creditor invoices, and remit payments to sundry creditors. It applies to individuals who use specialised knowledge and follow agreed processes to problem solve within the scope of own responsibility. Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.
      Prerequisites: Nil
    • FNSACC313
      Perform financial calculations
      CIT Code: ACCT433
      Description: This unit describes the skills and knowledge required to use a range of routine calculation methods and techniques when performing routine financial calculations and checking calculation outcomes. It applies to individuals who use literacy and numeracy skills to perform routine computational tasks as part of their operational job role.
      Prerequisites: Nil
    • FNSINC301
      Work effectively in the financial services industry
      CIT Code: ACCT373
      Description: This unit describes the skills and knowledge required to correctly interpret and apply industry and organisational procedures, guidelines, policies, ethical standards and sustainability requirements to day-to-day work in the financial services industry. It applies to individuals with the fundamental skills required to work in the financial services industry and underpins other units used in all sectors of the industry. Work functions in the occupational areas where this unit 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.
      Prerequisites: Nil


    Electives - Complete 4 subjects
    • BSBITU304
      Produce spreadsheets
      CIT Code: COMP365
      Description: This unit describes the skills and knowledge required to develop spreadsheets through the use of spreadsheet software. It applies to individuals employed in a range of environments who tend to be personally responsible for designing and working with spreadsheets under minimal supervision.
      Prerequisites: Nil
    • FNSCRD405
      Manage overdue customer accounts
      CIT Code: ACCT391
      Description: This unit describes the skills and knowledge required to identify customer accounts which have outstanding payments and negotiate agreements that are monitored for compliance or further action. It applies to individuals who may use a range of organisational and negotiation skills to plan, manage and monitor their work. This unit may be adapted to meet a range of debt recovery and debt management job roles. Work functions in the occupational areas where this unit 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.
      Prerequisites: Nil
    • FNSORG301
      Administer fixed asset register
      CIT Code: ACCT377
      Description: This unit describes the skills and knowledge required to maintain a register of capital expenditure items.It applies to individuals who operate under some supervision in asset control roles in organisations of various sizes.
      Prerequisites: Nil
    • FNSRTS309
      Maintain main bank account
      CIT Code: ACCT387
      Description: This unit describes the skills and knowledge required to analyse, verify and process credit and debit transactions, and prepare reconciliation reports. It applies to individuals who, within their limit of responsibility, use numeracy skills to accurately perform and check financial calculations and closely follow organisational procedures.
      Prerequisites: Nil
  • Course Subjects - Certificate IV

    Certificate IV in Accounting and Bookkeeping
    CRICOS: 098125K | National ID: FNS40217

    Complete all 13 subjects (8 Core and 5 Electives)
    Subjects listed below from earlier courses automatically count towards this course


    Core - Complete all 8 subjects
    National ID
    Subject Name
    • BSBFIA401
      Prepare financial reports
      CIT Code: ACCT230
      Description: This unit describes skills and knowledge required to record general journal adjustment entries and to prepare end of period financial reports. It applies to individuals employed in a range of work environments who are responsible for preparing financial reports. They may be individuals providing administrative support within an enterprise, or they might have responsibility for these tasks in relation to their own workgroup or role.
      Prerequisites: Nil
    • BSBSMB412
      Introduce cloud computing into business operations
      CIT Code: COMP383
      Description: This unit describes the skills and knowledge required to understand the fundamentals of internet computing and cloud services. It involves undertaking a basic review of business computing needs and identifying options for introducing cloud computing services into a small business or work area in an organisation. It applies to individuals who use problem-solving skills and take responsibility for adopting and promoting approaches to improve business operations.
      Prerequisites: Nil
    • FNSACC311
      Process financial transactions and extract interim reports
      CIT Code: ACCT431
      Description: This unit describes the skills and knowledge required to prepare and process routine financial documents, prepare journal entries, post journal entries to ledgers, prepare banking and reconcile financial receipts, and extract a trial balance and interim reports. It applies to individuals who use specialised knowledge and follow agreed processes to carefully check and process detailed financial information to ensure standards are maintained. Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.
      Prerequisites: Nil
    • FNSACC312
      Administer subsidiary accounts and ledgers
      CIT Code: ACCT432
      Description: This unit describes the skills and knowledge required to reconcile and monitor subsidiary accounts in financial accounts receivable systems, identify bad and doubtful debts and plan a recovery action, record creditor invoices, and remit payments to sundry creditors. It applies to individuals who use specialised knowledge and follow agreed processes to problem solve within the scope of own responsibility. Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.
      Prerequisites: Nil
    • FNSACC408
      Work effectively in the accounting and bookkeeping industry
      CIT Code: ACCT446
      Description: This unit describes the skills and knowledge required to work autonomously and in teams to complete work activities relating to the provision of accounting and bookkeeping services. It applies to individuals who occupy roles with some responsibility and use a range of research and organisational techniques to establish and carry out their work requirements in the accounting industry.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.
      Prerequisites: Nil
    • FNSACC416
      Set up and operate a computerised accounting system
      CIT Code: COMP386
      Description: This unit describes the skills and knowledge required to establish, operate, and modify an integrated computerised accounting system. This is generally under supervision and encompasses processing transactions in the system, maintaining the system, producing reports, and ensuring system integrity. It applies to individuals who, within the scope of own responsibility, use specialised knowledge, information technology, and planning and organising skills to establish and maintain an organisational system in service and trading environments.
      Prerequisites: Nil
    • FNSTPB401
      Complete business activity and instalment activity statements
      CIT Code: ACCT444
      Description: This unit describes the skills and knowledge required to identify and apply compliance requirements to effectively process and complete business activity statements (BAS), instalment activity statements (IAS), and other required reports. It applies to individuals who use a range of organisational and analytical techniques to work in organisations or to supply specific bookkeeping services as a small business owner or contractor. Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. This unit is designed to meet the education requirements of the Tax Practitioner Board (TPB). Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.
      Prerequisites: Nil
    • FNSTPB402
      Establish and maintain payroll systems
      CIT Code: ACCT445
      Description: This unit describes the skills and knowledge required to record and prepare payroll documentation, respond to enquiries, and process payroll data for manual and computerised systems. It applies to individuals, including BAS agents, who use a range of organisational and other specialist techniques. They may work directly for organisations or be small business owners, contractors or service providers. Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. This unit is designed to meet the education requirements of the Tax Practitioner Board (TPB). Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.
      Prerequisites: Nil


    Electives - Complete 5 subjects
    • BSBITU306
      Design and produce business documents
      CIT Code: MGNT384
      Description: This unit describes the skills and knowledge required to design and produce various business documents and publications. It includes selecting and using a range of functions on a variety of computer applications. It applies to individuals who possess fundamental skills in computer operations and keyboarding. They may exercise discretion and judgement using appropriate theoretical knowledge of document design and production to provide technical advice and support to a team.
      Prerequisites: Nil
    • BSBITU402
      Develop and use complex spreadsheets
      CIT Code: COMP222
      Description: This unit describes the skills and knowledge required to use spreadsheet software to complete business tasks and produce complex documents. It applies to individuals employed in a range of work environments who require skills in creation of complex spreadsheets to store and retrieve data. They may work as individuals providing administrative support within an enterprise, or may be independently responsible for designing and working with spreadsheets relevant to their own work roles.
      Prerequisites: Nil
    • BSBWRT301
      Write simple documents
      CIT Code: COMM343
      Description: This unit describes the skills and knowledge required to plan, draft and finalise a basic document. It applies to individuals who apply a broad range of competencies in various work contexts and may exercise some discretion and judgement to produce a range of workplace documentation.
      Prerequisites: Nil
    • FNSACC313
      Perform financial calculations
      CIT Code: ACCT433
      Description: This unit describes the skills and knowledge required to use a range of routine calculation methods and techniques when performing routine financial calculations and checking calculation outcomes. It applies to individuals who use literacy and numeracy skills to perform routine computational tasks as part of their operational job role.
      Prerequisites: Nil
    • FNSACC414
      Prepare financial statements for non-reporting entities
      CIT Code: ACCT436
      Description: This unit describes the skills and knowledge required to prepare financial statements for entities that do not have a statutory duty to file financial reports with government agencies and regulators. It applies to individuals who use specialised knowledge and systematic approaches to collate and prepare financial information in line with accounting standards. Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.
      Prerequisites: Nil
  • Course Subjects - Diploma

    Diploma of Accounting
    CRICOS: 099030J | National ID: FNS50217

    Complete 11 subjects (6 Core and 5 Electives)
    Subjects listed below from earlier courses automatically count towards this course


    Core - Complete all 6 subjects
    National ID
    Subject Name
    • FNSACC511
      Provide financial and business performance information
      CIT Code: ACCT437
      Description: This unit describes the skills and knowledge required to analyse and report on a broad range of financial and business performance information. It encompasses assessing client needs, analysing data, and preparing advice.
      It applies to individuals who, in line with their level of authority, use specialised knowledge, systematic approaches, and analytical techniques to research and prepare customised information for clients.
      Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.
      Prerequisites: Nil
    • FNSACC512
      Prepare tax documentation for individuals
      CIT Code: ACCT438
      Description: This unit describes the skills and knowledge required to prepare non-complex income tax returns for individuals in line with statutory requirements. It encompasses gathering and verifying data, calculating taxable income, and reviewing compliance requirements.
      It applies to individuals who use systematic approaches and follow specific guidelines to ensure compliance requirements are met.
      Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. This unit is designed to meet the education requirements of the Tax Practitioner Board (TPB). Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.
      Prerequisites: Nil
    • FNSACC513
      Manage budgets and forecasts
      CIT Code: ACCT439
      Description: This unit describes the skills and knowledge required to prepare, document, and manage budgets and forecasts. It encompasses forecasting estimates and monitoring budgeted outcomes.
      It applies to individuals who use specialised knowledge and analytical skills to prepare and manage strategic organisational information.
      Prerequisites: Nil
    • FNSACC514
      Prepare financial reports for corporate entities
      CIT Code: ACCT440
      Description: This unit describes the skills and knowledge required to prepare financial reports for a corporate reporting entity. It encompasses compiling and analysing data and meeting statutory reporting requirements.
      It applies to individuals who use specialised knowledge and analytical skills to prepare financial reports that meet specific compliance requirements.
      Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.
      Prerequisites: ACCT230 BSBFIA401 Prepare financial reports
      ACCT431 FNSACC311 Process financial transactions and extract interim reports
    • FNSACC516
      Implement and maintain internal control procedures
      CIT Code: ACCT441
      Description: This unit describes the skills and knowledge required to review corporate governance requirements, implement internal control operating procedures, and monitor associated policy.
      It applies to individuals who use specialised knowledge and analytical skills to ensure organisational procedures, compliance and quality requirements are met.
      Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.
      Prerequisites: Nil
    • FNSACC517
      Provide management accounting information
      CIT Code: ACCT442
      Description: This unit describes the skills and knowledge required to gather, record and analyse operating and cost data, prepare budget reports, and review costing system integrity to calculate and record the costs of products and services.
      It applies to individuals who use specialised knowledge and analytical skills to manage complex financial data and develop comprehensive organisational reports.
      Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.
      Prerequisites: Nil


    Electives - Complete all 5
    • BSBFIA401
      Prepare financial reports
      CIT Code: ACCT230
      Description:

      This unit describes skills and knowledge required to record general journal adjustment entries and to prepare end of period financial reports.
      It applies to individuals employed in a range of work environments who are responsible for preparing financial reports. They may be individuals providing administrative support within an enterprise, or they might have responsibility for these tasks in relation to their own workgroup or role.

      Prerequisites: Nil
    • BSBITU402
      Develop and use complex spreadsheets
      CIT Code: COMP222
      Description:

      This unit describes the skills and knowledge required to use spreadsheet software to complete business tasks and produce complex documents.
      It applies to individuals employed in a range of work environments who require skills in creation of complex spreadsheets to store and retrieve data. They may work as individuals providing administrative support within an enterprise, or may be independently responsible for designing and working with spreadsheets relevant to their own work roles.

      Prerequisites: Nil
    • FNSTPB503
      Apply legal principles in contract and consumer law
      CIT Code: LEGL215
      Description: This unit describes the skills and knowledge required to research, analyse and apply legal principles to provide advice on contract and consumer law implications to clients.
      It applies to individuals whose job role involves the application of knowledge of contract and consumer law in the workplace.
      Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. This unit is designed to meet educational requirements of the Tax Practitioner Board (TPB). Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements.
      Prerequisites: Nil
    • FNSACC608
      Evaluate organisation's financial performance
      CIT Code: ACCT425
      Description: This unit describes the skills and knowledge required to evaluate returns to operations, determine short-term and long-term needs, and evaluate an organisation’s financial position and performance.
      It applies to experienced individuals who use specialised knowledge and skills to evaluate complex financial information and make recommendations relevant to strategic organisational activity.
      Work functions in the occupational areas where this unit 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.
      Prerequisites: ACCT267 FNSACC501 Provide financial and business performance information
      ACCT437 FNSACC511 Provide financial and business performance information
    • FNSACC408
      Work effectively in the accounting and bookkeeping industry
      CIT Code: ACCT446
      Description:

      This unit describes the skills and knowledge required to work autonomously and in teams to complete work activities relating to the provision of accounting and bookkeeping services.
      It applies to individuals who occupy roles with some responsibility and use a range of research and organisational techniques to establish and carry out their work requirements in the accounting industry.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.

      Prerequisites: Nil
  • Course Subjects - Advanced Diploma

    Advanced Diploma of Accounting
    CRICOS: 099029B | National ID: FNS60217

    Complete 14 subjects (3 Core and 11 Electives)
    Subjects listed below from earlier courses automatically count towards this course


    Core - Complete all 3 subjects
    National ID
    Subject Name
    • FNSACC624
      Monitor corporate governance activities
      CIT Code: ACCT443
      Description: This unit describes the skills and knowledge required to research corporate governance reporting trends, examine corporate governance standards and practices, and review compliance to develop and implement processes and procedures for meeting corporate governance obligations.
      It applies to individuals who use current and specialised knowledge and analytical skills to provide advice on organisational processes to meet compliance and management requirements.
      Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.
      Prerequisites: Nil
    • FNSINC601
      Apply economic principles to work in the financial services industry
      CIT Code: ACCT375
      Description:

      This unit describes the performance outcomes, skills and knowledge required to apply broad principles of financial economics that underpin a range of tasks and functions in the financial services industry. It includes understanding how financial instruments are priced in markets and techniques and processes government and organisations use to manage financial risk demonstrating broad knowledge of economic theories and related decision-making in a national and organisational economic context.

      Prerequisites: Nil
    • FNSINC602
      Interpret and use financial statistics and tools
      CIT Code: ACCT376
      Description:

      This unit describes the skills and knowledge required t to access, interpret and analyse statistical data relevant to the financial services industry. It encompasses producing new statistical information and reports from existing data using a range of tools and processes.
      It applies to individuals with a thorough understanding of the sources of financial data, and statistical methods and techniques for analysis. It is a base unit on which other skills required for work in the financial services industry can be built. It may be applied in all sectors of the industry.

      Prerequisites: Nil


    Electives - Complete 11 subjects
    • FNSACC601
      Prepare and administer tax documentation for legal entities
      CIT Code: ACCT268
      Description:

      This unit describes the skills and knowledge required to identify taxation requirements for complex lodgements and returns for legal entities. It involves gathering, analysing and processing taxation related data to prepare tax documentation, and to review and apply compliance requirements.
      It applies to individuals who use specialised knowledge and systematic approaches and who follow specific guidelines to ensure compliance requirements are met.
      Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. This unit is designed to meet educational requirements of the Tax Practitioner Board (TPB). Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements.

      Prerequisites: ACCT189 FNSACC502 Prepare tax documentation for individuals
      ACCT438 FNSACC512 Prepare tax documentation for individuals
    • FNSACC608
      Evaluate organisation's financial performance
      CIT Code: ACCT425
      Description: This unit describes the skills and knowledge required to evaluate returns to operations, determine short-term and long-term needs, and evaluate an organisation’s financial position and performance.
      It applies to experienced individuals who use specialised knowledge and skills to evaluate complex financial information and make recommendations relevant to strategic organisational activity.
      Work functions in the occupational areas where this unit 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.
      Prerequisites: ACCT267 FNSACC501 Provide financial and business performance information
      ACCT437 FNSACC511 Provide financial and business performance information
    • FNSTPB503
      Apply legal principles in contract and consumer law
      CIT Code: LEGL215
      Description: This unit describes the skills and knowledge required to research, analyse and apply legal principles to provide advice on contract and consumer law implications to clients.
      It applies to individuals whose job role involves the application of knowledge of contract and consumer law in the workplace.
      Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. This unit is designed to meet educational requirements of the Tax Practitioner Board (TPB). Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements.
      Prerequisites: Nil
    • FNSTPB504
      Apply legal principles in corporations and trust law
      CIT Code: ACCT416
      Description: This unit describes the skills and knowledge required to research and analyse legal principles and issues in corporations and trust law matters and then apply this knowledge to provide advice to clients.
      It applies to individuals who work with corporations and trust laws in the workplace as determined by the job role, legislation, rules, regulations and codes of practice relevant to different jurisdictions.
      Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. This unit is designed to meet educational requirements of the Tax Practitioner Board (TPB). Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements.
      Prerequisites: Nil
    • FNSTPB505
      Apply legal principles in property law
      CIT Code: ACCT417
      Description:

      This unit describes the skills and knowledge required to research, analyse and apply legal principles to provide advice on property law matters to clients.
      It applies to individuals whose job role involves the application of knowledge of property law in the workplace.
      Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. This unit is designed to meet educational requirements of the Tax Practitioner Board (TPB). Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements.

      Prerequisites: Nil
    • BSBWOR501
      Manage personal work priorities and professional development
      CIT Code: MGNT389
      Description:

      This unit describes the skills and knowledge required to create systems and process to organise information and prioritise tasks.
      It applies to individuals working in managerial positions who have excellent organisational skills. The work ethic of individuals in this role has a significant impact on the work culture and patterns of behaviour of others as managers at this level are role models in their work environment.

      Prerequisites: Nil
    • BSBFIA401
      Prepare financial reports
      CIT Code: ACCT230
      Description:

      This unit describes skills and knowledge required to record general journal adjustment entries and to prepare end of period financial reports.
      It applies to individuals employed in a range of work environments who are responsible for preparing financial reports. They may be individuals providing administrative support within an enterprise, or they might have responsibility for these tasks in relation to their own workgroup or role.

      Prerequisites: Nil
    • BSBITU402
      Develop and use complex spreadsheets
      CIT Code: COMP222
      Description:

      This unit describes the skills and knowledge required to use spreadsheet software to complete business tasks and produce complex documents.
      It applies to individuals employed in a range of work environments who require skills in creation of complex spreadsheets to store and retrieve data. They may work as individuals providing administrative support within an enterprise, or may be independently responsible for designing and working with spreadsheets relevant to their own work roles.

      Prerequisites: Nil
    • BSBWRT401
      Write complex documents
      CIT Code: COMM344
      Description:

      This unit describes the skills and knowledge required to plan documents, draft text, prepare final text and produce documents of some complexity.
      It applies to individuals who work in a range of business environments and are skilled in the creation of reports, information and general promotion documents that are more complex than basic correspondence, memos or forms and that require review and analysis of a range of information sources.

      Prerequisites: Nil
    • BSBITU401
      Design and develop complex text documents
      CIT Code: COMP360
      Description:

      This unit describes the skills and knowledge required to design and develop business documents using complex technical features of word processing software.
      It applies to individuals who work in a range of business environments and have skills which may be applied in the provision of administrative support within an enterprise, or by technical/knowledge experts responsible for producing their own word processed documents.

      Prerequisites: Nil
    • FNSACC408
      Work effectively in the accounting and bookkeeping industry
      CIT Code: ACCT446
      Description:

      This unit describes the skills and knowledge required to work autonomously and in teams to complete work activities relating to the provision of accounting and bookkeeping services.
      It applies to individuals who occupy roles with some responsibility and use a range of research and organisational techniques to establish and carry out their work requirements in the accounting industry.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.

      Prerequisites: Nil
  • Job Opportunities

    Certificate III: Cashier, bookkeeper, accounts payable/receivable assistant, payroll assistant.

    Certificate IV: Employment in accounting roles such as completing BAS, completing other office taxes, operational reporting, producing management reports, managing a small office.

    Diploma: Assistant accountant (inventory, payroll, accounts receivable and payable, computerised bookkeeping and costing), budget officers, office managers, administration managers.

    Advanced Diploma: Professional accountant, banker, tax agent, financial manager, consulting and strategic business planning, small business advisor.

  • Teaching Methods and Assessment

    Modes of study include lectures, tutorials, business simulations

    Assessment methods include projects, presentations, assignments, tests and reports.

  • Pathways to Further Study

    Students who successfully complete the Diploma of Accounting will receive 24 credit points (1 year) towards University of Canberra's Bachelor of Accounting (MGB001.1).

    Students who successfully complete the Advanced Diploma of Accounting will receive:

    • 96 credit points (1.5 years) towards Charles Sturt University's (CSU) Bachelor of Business Studies.
    • 36 credit points (1.5 years) towards University of Canberra's Bachelor of Accounting (MGB001.1).
    • 36 credit points (1.5 years) towards University of Canberra's Bachelor of Commerce (Accounting) (MGB301.1).

    Students are advised to speak directly with CSU and UC in relation to course choices and pathways.

    Certificate III in Accounts Administration (6 months)
    PLUS
    Certificate IV in Accounting and Bookkeeping (6 months)
    PLUS
    Diploma of Accounting (6 months)
    PLUS
    Advanced Diploma of Accounting (6 months)
    = 2 years of study
    Optional degree pathway available