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Advanced Diploma of Accounting FNS60222
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Overview

The Advanced Diploma of Accounting will prepare you for a career in the accounting industry. Graduates will be well equipped to pursue successful careers in both private and public sectors. This course is highly respected by the business, banking and financial workplaces as it combines hands-on training with comprehensive theoretical knowledge. The Advanced Diploma is delivered by industry skilled educators, including Registered Tax Agents, Certified Practicing Accountants (CPA) and Chartered Accountants (CA).

Work Placement - Opportunities for work experience will be offered subject to availability of local host businesses.

This course includes subjects approved for registration as a tax agent by the Tax Practitioner Board (TPB).

If you are seeking registration with the TPB, we encourage you to check registration requirements as these are reviewed regularly. More details are available at: http://www.tpb.gov.au/.

Qualification:

 Advanced Diploma of Accounting FNS60222

Next Intake:

 Semester 1 2025

Course No:

 AD-BT22

Campus:

 Face to face classes at CIT Bruce 

Duration:

 Full-time - one semester - approximately 20 hours per week
Part-time - two semesters - approximately 10 hours per week

Cost Info:

Further information about fees is available at Course fees and assistance

Indicative Cost:

 $2,204

Likely Job Outcome:

 Qualified accountant, tax agent, financial accountant, small business advisor, financial analyst, management accountant.

Application Type:

 Portfolio - Standard
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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) or Block Code.

Additional Information

- Enrol at the beginning of semester for face-to-face classes
- day and evening classes in person or structured online/virtual learning with the educator
- Most textbooks provided

Portfolio - Standard application

Entry Requirements

Prior to commencing this program an individual must have completed the following qualifications (or equivalent)

- FNS50222 Diploma of Accounting; or
- its superseded version FNS50217 Diploma of Accounting; or
- equivalent, provided the listed elective unit BSBTEC402 Design and produce complex spreadsheets (or equivalent) has been completed by those seeking to enrol.

Skills Recognition

To study any course at CIT (excluding 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

  • FNSACC634   Monitor corporate governance activities
    • CIT Code: ACCT470
      Cost: Standard $240.00
      Description: This unit describes the skills and knowledge required to research corporate governance reporting trends, examine corporate governance standards and practices, review compliance, and develop and implement processes and procedures for meeting corporate governance obligations.The unit 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. Users are advised to check with the relevant regulatory authorities to confirm those requirements.
      Prerequisites: Nil
  • FNSINC612   Interpret and use financial statistics and tools
    • CIT Code: ACCT473
      Cost: Standard $120.00
      Description: This unit describes the skills and knowledge required to access, interpret, analyse and record statistical data in 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 an 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 applies across all sectors of the industry.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Users are advised to check with the relevant state and territory regulatory authorities to confirm those requirements.
      Prerequisites: Nil
  • FNSINC611   Apply economic principles to work in the financial services industry
    • CIT Code: ACCT472
      Cost: Standard $240.00
      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 that 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.The unit applies to individuals who have understand economics and how it impacts work in the financial services industry. The skills and knowledge described in this unit also underpin 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

Electives: Complete 11

  • BSBTEC401   Design and produce complex text documents
    • CIT Code: BUSN550
      Cost: Standard $250.00
      Description: This unit describes the skills and knowledge required to design and develop business documents using complex technical features of word processing software.The unit applies to those 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 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
  • BSBWRT411   Write complex documents
    • CIT Code: BUSN568
      Cost: Standard $150.00
      Description: This unit describes the skills and knowledge required to plan, draft and finalise complex documents. The unit applies to individuals who work in a range of business environments and are skilled in the creation of documents that are more complex than basic correspondence, memos and/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
  • FNSTPB504   Apply legal principles in corporations and trust law
    • CIT Code: ACCT416
      Cost: Standard $132.00
      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
  • FNSACC601   Prepare and administer tax documentation for legal entities
    • CIT Code: ACCT268
      Cost: Standard $176.00
      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: FNSACC522 Prepare tax documentation for individuals
  • FNSTPB505   Apply legal principles in property law
    • 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
  • FNSACC608   Evaluate organisation's financial performance
    • CIT Code: ACCT425
      Cost: Standard $132.00
      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
      FNSACC521 Provide financial and business performance information
  • FNSACC524   Prepare financial reports for corporate entities
    • CIT Code: ACCT467
      Cost: Standard $140.00
      Description: This unit describes the skills and knowledge required to prepare financial reports for a corporate reporting entity according to statutory reporting requirements. This includes compiling and analysing data for the reports.The unit 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. Users are advised to check with the relevant regulatory authorities to confirm those requirements.
      Prerequisites: Nil
  • FNSTPB503   Apply legal principles in contract and consumer law
    • 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
  • FNSACC522   Prepare tax documentation for individuals
    • CIT Code: ACCT465
      Cost: Standard $160.00
      Description: This unit describes the skills and knowledge required to prepare income tax returns for individuals in line with statutory requirements. It involves gathering and verifying data, calculating taxable income, and reviewing compliance requirements.The unit 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 Practitioners Board (TPB). Users are advised to check with the relevant regulatory authorities to confirm those requirements.
      Prerequisites: Nil
  • FNSACC521   Provide financial and business performance information
    • CIT Code: ACCT464
      Cost: Standard $120.00
      Description: This unit describes the skills and knowledge required to analyse and report on a broad range of financial and business performance information. It involves assessing client needs, analysing data, and preparing advice.The unit 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. Users are advised to check with the relevant regulatory authorities to confirm those requirements.
      Prerequisites: Nil
  • FNSACC526   Implement and maintain internal control procedures
    • CIT Code: ACCT468
      Cost: Standard $80.00
      Description: This unit describes the skills and knowledge required to review corporate governance requirements and implement and monitor internal control operating procedures.The unit applies to individuals who use specialised knowledge and analytical skills to confirm that 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. Users are advised to check with the relevant regulatory authorities to confirm those requirements.
      Prerequisites: Nil

Related Courses

Diploma Accounting FNS50222
Certificate IV Accounting and Bookkeeping FNS40222
Certificate III Accounts Administration FNS30322
Statement Attainment BAS Agent Registration Skill Set FNSSS00004
Statement Attainment Commercial Law for Tax Agents Skill Set FNSSS00005
Statement Attainment Tax Law for Tax Agents Skill Set (Tax documentation) FNSSS00008
Statement Attainment Accounting Principles Skill Set FNSSS00014
Statement Attainment Accounting Fundamentals

More Information

For more information about this course please contact CIT Student Services on (02) 6207 3188 or email infoline@cit.edu.au