Overview
This professional course will prepare you to perform advanced accounting roles. It provides high level training with work-ready skills to give you the edge in the workforce. This qualification is highly respected by the business, banking and financial communities because it combines hands-on training with comprehensive theoretical knowledge. Graduates from this course will be ready to embark on, or continue with, successful careers in both the private and public sectors.
This qualification includes units that are recognised by the Tax Practitioners Board. Students seeking Tax Agent registration should obtain advice from the Tax Practitioners Board http://www.tpb.gov.au/
Qualification: |
Advanced Diploma of Accounting FNS60217 |
Course No: |
AD-BT12 |
Campus: |
CIT Reid |
Duration: |
1 semester full-time (20.5 hours) face-to-face classes per week plus up to 25 hours per week of self-directed study, project and assignment work.
This qualification is part of a suite of courses that includes the Certificate III in Accounts Administration, Certificate IV in Accounting and Bookkeeping, the Diploma of Accounting and the Advanced Diploma of Accounting. Lower level qualifications or equivalent skills and knowledge are required for successful completion of higher level courses. |
Cost Info: |
The 2022 Semester 2 enrolment fees for this course are based on the costs per subject as indicated below. The total course cost may vary depending on the choice of elective subjects or if subjects are attempted more than once. Subject costs identified as Standard are partially subsidised by the ACT Government. Concessions may be available to eligible students.
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Indicative Cost: |
$1,848
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Likely Job Outcome: |
Professional accountant, banker, tax agent, financial manager, consulting and strategic business planning, small business advisor |
Application Type: |
Standard |
Share: |
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Timetable Information
To help with the enrolment process print your timetable, or keep the window open, so that you can refer back to it for your course code, course name, and the Course Reference Numbers (CRNs).
Additional Information
Watch our online information session to find out more.
Students will participate in work placement for this qualification.
This qualification includes units that are recognised by the Tax Practitioners Board. Students seeking Tax Agent registration should obtain advice from the Tax Practitioners Board http://www.tpb.gov.au/
Textbooks are required for most subjects.
Skills Recognition
Entry Requirements
Completion of both FNSSS00014 Accounting Principles Skill Set and FNSSS00015 Advanced Accounting Principles Skill Set; OR
Completion of FNS50215 Diploma of Accounting; OR
Completion of FNS50217 Diploma of Accounting.
To study any course at CIT (excluding degrees and non-accredited training) you must have a Unique Student Identifier (USI).
Further Study
Completion of this qualification may provide you with credit towards a Bachelor degree in a related course. CIT maintains relationships with a number of local and regional universities such as ANU, UC, ACU and CSU. Credit arrangements are subject to change. For the most up-to-date information, contact the university directly.
Literacy Skills Information
We suggest that you will need Australian Core Skills Framework literacy levels of at least 3 across reading, writing, learning, oral communication and, depending on your course of study, numeracy skills to successfully complete this course. If you do not have this level, you can still enrol and seek support to improve your skills or you may prefer to begin with the lower level course. Please visit Foundation Skills.
Transition Information
Qualifications at CIT are regularly updated or replaced to meet current industry needs and maximise your employment opportunities. If this occurs while you are part way through a qualification, you may need to vary your learning to meet the new national requirements. CIT will aim to make this as smooth as possible for you.
Subject Cancellations/Changes
To ensure positive outcomes for all students, CIT may need to cancel or change classes at short notice. CIT will make every effort to inform students as soon as changes are made and will also make every effort to offer alternative arrangements for students to meet the requirements of the subject and complete their qualification. In an unfortunate instance when this cannot be met, you will receive a full refund. Please ensure you maintain current contact details via CIT Self Service or by contacting CIT Student Services at infoline@cit.edu.au.
Subject Information
Complete 14 subjects
Core: Complete all 3
- FNSACC624
Monitor corporate governance activities
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CIT Code: |
ACCT443 |
Cost: |
Standard $132.00
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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.
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Prerequisites: |
Nil |
- FNSINC601
Apply economic principles to work in the financial services
industry
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CIT Code: |
ACCT375 |
Cost: |
Standard $132.00
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Description: |
This unit describes the 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. It applies to individuals who have an understanding of
economics and how this impacts on work in the financial services
industry. It also underpins other skills required for work in the
financial services industry and may be applied in all sectors of the
industry. No licensing, legislative or certification requirements
apply to this unit at the time of publication. |
Prerequisites: |
Nil |
- FNSINC602
Interpret and use financial statistics and tools
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CIT Code: |
ACCT376 |
Cost: |
Standard $132.00
|
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. No licensing, legislative or
certification requirements apply to this unit at the time of
publication. |
Prerequisites: |
Nil |
Electives: Complete 11
- FNSACC601
Prepare and administer tax documentation for legal entities
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CIT Code: |
ACCT268 |
Cost: |
Standard $176.00
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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: |
FNSACC502 Prepare tax documentation for individuals FNSACC512
Prepare tax documentation for
individuals
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- FNSACC608
Evaluate organisation's financial performance
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CIT Code: |
ACCT425 |
Cost: |
Standard $132.00
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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: |
FNSACC501 Provide financial and business performance
information FNSACC511 Provide financial and business performance
information
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- FNSTPB503
Apply legal principles in contract and consumer law
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CIT Code: |
LEGL215 |
Cost: |
Standard $132.00
|
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
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CIT Code: |
ACCT416 |
Cost: |
Standard $132.00
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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
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CIT Code: |
ACCT417 |
Cost: |
Standard $132.00
|
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
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CIT Code: |
MGNT389 |
Cost: |
Standard $153.00
|
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. No licensing, legislative, regulatory or
certification requirements apply to this unit at the time of
publication. |
Prerequisites: |
Nil |
- FNSACC408
Work effectively in the accounting and bookkeeping industry
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CIT Code: |
ACCT446 |
Cost: |
Standard $88.00
|
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 |
- BSBFIA401
Prepare financial reports
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CIT Code: |
ACCT230 |
Cost: |
Standard $110.00
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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. No licensing, legislative or
certification requirements apply to this unit at the time of
publication. |
Prerequisites: |
Nil |
- BSBITU402
Develop and use complex spreadsheets
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CIT Code: |
COMP222 |
Cost: |
Standard $110.00
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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. No licensing, legislative or certification
requirements apply to this unit at the time of publication. |
Prerequisites: |
Nil |
- BSBWRT401
Write complex documents
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CIT Code: |
COMM344 |
Cost: |
Standard $110.00
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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. No licensing, legislative
or certification requirements apply to this unit at the time of
publication. |
Prerequisites: |
Nil |
- BSBITU401
Design and develop complex text documents
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CIT Code: |
COMP360 |
Cost: |
Standard $220.00
|
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. No licensing, legislative or certification
requirements apply to this unit at the time of publication. |
Prerequisites: |
Nil |
Related Courses
More Information
For more information about this course please contact CIT Student Services on (02) 6207 3188 or email infoline@cit.edu.au