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.