Prior to commencing this qualification an individual must have completed the following units of competency (or equivalent).
FNSACC321 Process financial transactions and extract interim reports
FNSACC322 Administer subsidiary accounts and ledgers
FNSACC418 Work effectively in the accounting and bookkeeping industry
FNSACC421 Prepare financial reports (this unit is the equivalent version of BSBFIA401 Prepare financial reports).
These competencies may have been achieved through completion of the following (or their equivalent):
FNSSS00014 Accounting Principles Skill Set
or
FNS40222 Certificate IV in Accounting and Bookkeeping.
Academic requirements
To meet academic requirements for Diploma or Advanced Diploma courses, you need to successfully complete any TasTAFE course entry procedures and you also need to:
- Have completed year 12 and provide TasTAFE with a copy of your Australian Senior Secondary Certificate of Education awarded to you by an agency or authority of a State or Territory; OR,
- Provide TasTAFE with a copy of a qualification at Level 4 or above in the Australian Qualifications Framework that was awarded to you. This qualification must have been delivered in English; OR,
- Complete an approved language, literacy and numeracy (LLN) assessment and display competence at or above Exit Level 3 in the Australian Core Skills Framework (ACSF) in both literacy and numeracy.
As part of the application process, and before being offered a place in the course, a member of our Team will contact you to discuss if this course aligns with your goals and aspirations, and to ensure that you are fully informed and understand the course requirements.
The fee you pay at TasTAFE will depend on the course you choose and may vary depending on the level of government subsidy available, the cost of delivery, any previous study you have undertaken and/or your personal circumstances. Tuition fees for this course are available at the top of the page via
the Fee Calculator.
Your tuition fees cover the basic materials needed for your course, but may not cover items such as text books, workbooks, uniform, online learning resources or personal protective clothing. Depending on your course, there may also be other expenses that you need to budget for.
For courses undertaken in 12 months or less, you will be invoiced the full course fee (including any other essential fees associated with your course).
*For courses studied over multiple years, your course and other fees will be split over the years of study, with the concession fee being charged on a yearly basis. At the time of enrolment you will be invoiced for the first year’s fees. An invoice will be raised in each subsequent year around the same time as your ‘enrolment anniversary’.
Further information on fees, payments and other costs.
The following skills and attributes will be useful to students studying this course:
- Analytical ability and attention to detail
- Problem solving skills
- Interpersonal skills and ability to build relationships with clients
- Strong written and oral communication skills
- Ability to use computer technology and software
- Self motivation and time management skills
- Ability to reflect on your work
- Successful participation in this course requires students to have a range of skills, including participating in verbal exchanges using active listening and questioning techniques to elicit the views and opinions of others and confirm understanding.
There are different requirements depending on the course you are enrolled in.
Generally, it is recommended that you have access to a computer with a reliable internet connection and up-to-date software, including Microsoft Office and Adobe Acrobat Reader. TasTAFE has computers available for student use during normal business hours, at all major campuses.
For classes, please be prepared with standard items such as: pens, notebook or paper, USB.
You may also need to bring specific equipment, tools or personal protective equipment, your teacher will let you know.
For this course, you will need:
- The following text books (available from TasTAFE Library or purchase from booksellers):
- Richard Hughes and Godfrey Senaratne, Provide Financial and Business Performance Information, (latest edition), Learn Now Publications
- Peter Baker, Geoff Cliff & Sonia Deaner, Income Tax Law Compliance and Planning Pack, 16th Edition, January 2019
- Robert Rodgers, Company Accounting and Financial Statements, 6th ed, Cengage Learning, 2013
- Neish & Banks, Management Accounting: Principles and Applications, 3rd ed (revised), McGraw Hill, 2011
- Anne Collins and Andrew Duncan, Accounting Principles, 13th edition, Prepare Financial Reports, National Core Accounting Publications, January 2018
- National Institute of Accountants, Budgeting: A Practical Approach, 2nd Ed., Pearson Education
- Interpret and use financial statistics and tools (class resources provided by teacher) Peter Martin, Statistics for Business, 4th Edition, Tertiary Press, 2001
- Mathew Fawcett & Lee Homewood, Internal Control Procedures, 6th Edition, Learn Now Publications, January 2019
- Costa Georgeson & Robin Frost, Apply Economic Principles to Work in the Financial Services Industry, 4th Edition , Learn Now Publications , January 2019
- Ainslie Baird, Costa Avgoustinous & Penelope McCann, Make Decisions in a Legal Context, 4th Edition, January 2019
The units FNSACC512 Prepare tax documentation for individuals and FNSACC601 Prepare & administer tax documentation for legal entities count towards the requirements to apply for a Tax Agent Licence.
FNSTPB401 Complete business activity and instalment activity statements counts towards the requirements to apply for a BAS agent registration.
These units are not the only requirements for licencing and registration. Persons seeking registration with the Tax Practitioners Board should check current registration requirements with the Board as registration requirements are reviewed regularly.
On successful completion of this course you will receive a FNS50222 - Diploma of Accounting.
Below is a list of all core and elective units that TasTAFE offers in this course. The selection of units you will be enrolled into depends on the campus you attend and the qualification packaging rules. For further information refer to training.gov.au.
| Core units |
| BSBTEC402 |
Design and produce complex spreadsheets |
| FNSACC521 |
Provide financial and business performance information |
| FNSACC522 |
Prepare tax documentation for individuals |
| FNSACC523 |
Manage budgets and forecasts |
| FNSACC524 |
Prepare financial reports for corporate entities |
| FNSACC526 |
Implement and maintain internal control procedures |
| FNSACC527 |
Provide management accounting information |
| Elective units |
| FNSACC601 |
Prepare and administer tax documentation for legal entities |
| FNSINC611 |
Apply economic principles to work in the financial services industry |
| FNSINC612 |
Interpret and use financial statistics and tools |
| FNSTPB411 |
Complete business activity and instalment activity statements |
