Graduates in Accounting

Is this programme for me?

The programme is suitable for graduates of any discipline who, for professional or personal reasons, wish to secure a stand-alone qualification in accounting. It is also ideal for those who wish to undertake postgraduate work and whose first degree is in an unrelated field.

Programme aims

To provide a thorough grounding in the principles of accounting, looking at the subject from a variety of perspectives including the international dimension.

Programme structure

To complete the programme you must pass four full units (or the equivalent).

Prestige

Developed by academics at The London School of Economics and Political Science (LSE), regarded as an international centre of academic excellence and innovation in the social sciences.

Flexible study at a reasonable cost

You have between 1-5 years to complete the programme. The total fee payable to the University is £1,099 if you complete in the minimum study period.

Study materials

The study materials that we send you include:

• Strategies for success – an academic advice and study skills handbook containing information about study techniques, planning your studies, making the best use of resources and preparing for examinations.
• Student handbook.
• Subject guides (offering advice on how to use textbooks).
• Past exam papers and Examiners' reports - these resources are updated annually and are available to download.
• Regulations.

Study support and online resources

You can either study independently at a pace that suits you, or enrol for additional classes at a local institution (either full time or part time) and benefit from the more formalized support this provides.

• LSE arranges a Study weekend in February each year. This consists of short courses desgined to help you with examination preparation and technique. You will also have the opportunity to discuss your studies with subject specialists.
• LSE also runs a Summer School each year, usually from July to mid-August, to which all students are welcome.
• Online resources including Examiners' reports and past exam papers, the Student handbook, Regulations, unit information sheets, reading lists, a ‘News and notices’ section. It also contains the first four chapters of subject guides for most units. On registering you will also gain access to the Virtual Learning Environment.
• Online Library giving access to Justis.com, JSTOR, ABI/INFORM, Academic Search Premier and Business Source Premier.

Diploma in Accounting

Suitable for candidates who:

• intend to perform assistant accountant duties such as supervision and control of accounting systems, maintaining internal control systems, preparation of financial statements for reporting entities, analysis of business performance, preparation of tax returns and management of small teams; or
• are already working in the industry and wish to obtain the qualification to broaden their knowledge and career prospects or wish to articulate to Advanced Diploma of Accounting or degree programs.

This course will equip you with:

• the ability to process payrolls and business tax requirements, prepare financial reports, operational budgets and income tax returns;
• the skills to manage budgets and forecasts and monitor corporate governance activities;
• the knowledge to administer accounts payable and establish and maintain accounting information systems;
• the understanding of how to implement and maintain internal control procedures;
• the aptitude to monitor corporate governance activities.

Career Pathways:

The course prepares you for work such as:

• assistant accountants
• office managers
• administration managers
• budget officers
• tax clerk
• audit clerk
• cost clerk
• bookkeeper

After successful completion, you may contact Oceanic Human Resources on 1300 852 773 to discuss your career options.

Study Pathways

As a graduate of this course you will be granted full credit towards the Advanced Diploma of Accounting.

COURSE DELIVERY AND DURATION

AIFA ensures you can complete your qualification in the shortest possible timeframe;

• Our 4-Term year and intensive training methods allow qualification completion in half the time compared other training institutions (such as TAFE and others).
• Also, we recognise the skills and knowledge you have gained through your work experience and/ or previous studies. Where appropriate, we give you credits towards your qualification. Those who have extensive experience in their field can complete the entire qualification by assessment through our Assessment Centre.

Classroom Part-time:

Completed Certificate IV in Financial Services - Accounting or Bookkeeping plus:

• Class attending 8 hours per week for 4 Terms of 11 weeks; and
• Private study approximately 8-12 hours per week.

Classroom Full-time:

Completed Certificate IV in Financial Services - Accounting or Bookkeeping plus:

• Class attending 16 hours per week for 2 Terms of 11 weeks; and
• Private study approximately 16-20 hours per week.

Distance Education

• Submit assessments at your own pace; complete qualification within 12 to 24 months.

Recognition of Previous Study and Experience at our Assessment Centre

• CREDIT TRANSFER: If you have previously completed relevant competency units at any RTO, AIFA will give you credit transfers towards your qualification. Please indicate on your enrollment form your request for RPL – Credit Transfer. Credit Transfer will reduce the time required to complete a qualification.
• CURRENT COMPETENCY AND EXPERIENCE: AIFA has established an Assessment Centre to allow assessment of candidates with relevant work experience and competencies. Candidates can complete the entire qualification by assessment through our Assessment Centre.

Course Content

Business Fundamentals
FNSICIND401B Apply principles of professional practice to work in the financial services industry
FNSICGEN301B Communicate in the workplace
FNSICGEN302B Use technology in the workplace
FNSICGEN304B Apply health and safety practice
BSADM404A Develop and use complex spreadsheets

Accounting Clerical
FNSICACC304B Prepare and bank receipts
FNSICACC306B Process journal entries
BSBCMN308A Maintain financial records
BSBADM408A Prepare financial reports

Accounting Systems II
FNSACCT407B Computerised accounting systems
FNSACCT505B Accounting information systems
FNSACCT503B Manage budgets & forecasts

Legal Framework II
FNSACCT506B Internal control procedures
FNSACCT401B Process business tax requirements
FNSACCT502B Prepare income tax returns

Management Accounting I
FNSACCT507B Management accounting information

Financial Accounting I
FNSACCCT504B Prepare finanancial reports for reporting entity

Assessment requirements

To complete the course you are required to complete a number of assessment tasks and a final examination for each competency unit.

Accounting

• Communicate in the workplace
• Use technology in the workplace
• Apply health and safety practices in the workplace
• Work in the financial services industry
• Maintain daily financial/business records
• Apply principles of professional practice to work in the financial services industry
• Process business tax requirements
• Produce job costing information
• Prepare operational budgets
• Make decisions in a legal context
• Prepare financial statements
• Maintain asset and inventory records
• Process payroll
• Prepare financial reports

• Maintain financial records
• Prepare and bank receipts
• Process journal entries
• Set up and operate a computerised accounting system
• Prepare income tax returns
• Manage budgets and forecasts
• Create and use simple spreadsheets
• Prepare financial reports for a reporting entity
• Implement and maintain internal control procedures
• Provide management accounting information
• Establish and maintain accounting information systems
• Evaluate organisation's financial performance
• Develop an operational plan

Accounting

The Cengage Education FNS50204 Diploma of Accounting course is ideal for anyone needing solid operating knowledge in financials. If you’re in a business executive or finance position, or need to learn more for a small business operation, this course provides an excellent start. When you enrol in this course, you’ll also receive free Student Membership to the National Institute of Accountants – see below for further details.

Diploma of Accounting

If you're seeking a career in the accounting industry but don't have the time to complete a full-time professional degree, then this course could be ideal for you. The Diploma of Accounting will provide you with practical training in the accounting discipline, leading to careers such as assistants to accountants, tax clerks and audit clerks.

This course is especially designed for employees who need to perform accounting duties such as introducing and maintaining accounting systems, reporting on business performance, preparing financial statements, maintaining internal control systems and preparing management accounting reports.

Quick Course Guide
Qualification	Diploma	Student support	Yes: Expert teacher & online support
Study time	1 yr = 19 hrs/week	Pre-requisites	None required. Year 12 (HSC) or Certificate IV in Financial Services preferred.
Delivery method	Flexible delivery: Online + correspondence	Course materials	All course materials are provided
Enrolment dates	Enrol anytime - start now!	Assessment	By assignments + tests + exams
Delivered by	OTEN - #1 distance education TAFE provider	Resources required	Internet, email

Career-relevant and Accredited

Because OTEN TAFE vocational courses are developed in consultation with relevant industry and community groups, you can rest assured that your qualification is highly valued by industry employers, education and training providers and the wider community.

This accounting diploma has been developed under the Australian Qualifications Framework, so it's government-accredited as well as a nationally recognised course.

Once you've completed this TAFE diploma course, you can further your studies with an undergraduate degree course. Receive credit for your TAFE diploma through an articulation arrangement with the University of Wollongong. You may also receive credit at a number of other Australian universities.

What You'll Learn with the Diploma of Accounting

This course aims to give you knowledge and skills required to work in a non-professional accounting role. Among other things, you'll learn how to:

• Process payrolls and business tax requirements
• Prepare financial reports, operational budgets and income tax returns
• Manage budgets and forecasts
• Administer accounts payable
• Establish and maintain accounting information systems
• Implement and maintain internal control procedures
• Monitor corporate governance activities

exible Study with Distance Learning

Fit your learning around your lifestyle - because the course is delivered online, you have the flexibility of when and where you wish to complete your accounting training. Complete the course faster depending on the time you have available! This diploma course of 27 units is typically completed within 2 years, but you can finish earlier by increasing the time you dedicate to your studies.

Accounting Diploma

This is a 30 credit program which consists of 2 co-requisite courses, 6 required courses and 4 complementary courses. The program provides a broad-based accounting education for university graduates which will help prepare them for admission to the CA, CGA and CMA professions as well as for positions as an accountant in the industry.

N.B. Please note there are 2 external courses which are pre-requisites for courses in the program and must be completed prior to commencing the program or can be taken concurrently with the co-requisite courses:
MGCR 211 Introduction to Financial Accounting and MGCR 331 Information Systems
Students who wish to apply for Advanced Standing for the pre-requisite or co-requisite courses to the program, must complete a Credit/Exemption Request form (www.mcgill.ca/conted-students/forms) at the time of admission or they may take an Exemption by Examination Test for these courses.

2 Co-requisites to program
CEC2 532 Business Economics
(or the Exemption by Examination test)
CMS2 521 Applied Management Statistics
(or the Exemption by Examination test)


6 Required courses:
CCFC 511 Financial Accounting 1
CCFC 512 Financial Accounting 2
CCFC 513 Financial Accounting 3
CCMA 511 Managerial Accounting 1
CCTX 511 Taxation 1
CFIN 512 Corporate Finance

The 4 complementary courses may be chosen from among all courses listed below if you are not pursuing a specific stream.

CA STREAM

In addition to the 6 required and co-requisite courses listed in the Diploma in Accounting, you must take the following courses if you wish to follow the CA stream (other courses may be required; contact the CA Program)**

CCAU 511 Auditing 1
CCMA 522 Managerial Accounting 2
CCFC 514 Accounting Theory and Practice
CCTX 532 Taxation 2

CGA STREAM

In addition to the 6 required and co-requisite courses listed in the Diploma in Accounting, you must take the following courses if you wish to follow the CGA stream (other courses may be required; contact the CGA office)***

CCAU 511 Auditing 1
CCAU 525 Operational Auditing Ø
CCAU 520 External Auditing Ø
CCFC 514 Accounting Theory and Practice
CFIN 522 Applied Topics in Corporate Finance
CCMA 522 Managerial Accounting 2
CCTX 532 Taxation 2
CMIS 520 Accounting Information Support Systems

Ø Only one of these courses can be taken for credit towards the Diploma in Accounting

CMA STREAM

In addition to the 6 required and co-requisite courses listed in the Diploma in Accounting, you must take the following courses if you wish to follow the CMA stream (other courses may be required; contact the CMA office)****

CCAU 511 Auditing 1
CCAU 525 Operational Auditing
CCFC 514 Accounting Theory and Practice
CFIN 522 Applied Topics in Corporate Finance
CCMA 522 Managerial Accounting 2
CCMA 523 Managerial Accounting 3
CMIS 520 Accounting Information Support Systems

OTHER COMPLEMENTARY COURSE

CCTX 540 U.S. Taxation
CCFC 516 Forensic Accounting
CCFC 521 Corporate Governance
CCFC 522 Strategic Financial Management
CCFC 590 Topics in Accounting