Overview
This skill set is designed for workers in accounting job roles who use knowledge of advanced accounting principles to perform a range of management and analytical tasks in a variety of industries.
To enrol units are offered for day or evening classroom delivery at the start of each semester.
Qualification: |
Statement of Attainment - Advanced Accounting Principles Skill Set FNSSS00015 |
Course No: |
SA-BT15 |
Campus: |
CIT Reid |
Duration: |
1 semester full time (15.5 hours) face-to-face classes per week plus up to 15 hours per week of online study and independent learning. |
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: |
$753
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Likely Job Outcome: |
Gives you the skills and knowledge to apply for entry into FNS60217 Advanced Diploma of Accounting at CIT.
Employment in roles requiring advanced accounting principles to perform a range of management and analytical tasks in a variety of industries. |
Application Type: |
Standard |
Share: |
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Additional Information
Watch our online information session to find out more.
Textbooks are required for most subjects.
For success in this course it is recommended that you have the
FNSSS00014 Accounting Principles Skill Set (refer to CIT Website for more details).
Note: Pre-requisite units for FNSACC514 Prepare financial reports for corporate entities are:
- BSBFIA401 Prepare financial reports (face-to-face or flexible)
- FNSACC311 Process financial transactions and extract interim reports
Skills Recognition
Entry Requirements
Open Entry.
To study any course at CIT (excluding degrees and non-accredited training) you must have a Unique Student Identifier (USI).
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 8 subjects
Core: Complete all 6
- FNSACC511
Provide financial and business performance information
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CIT Code: |
ACCT437 |
Cost: |
Standard $132.00
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Description: |
This unit describes the skills and knowledge required to analyse
and report on a broad range of financial and business performance
information. It encompasses assessing client needs, analysing data,
and preparing advice.It 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. Refer to
the FNS Financial Services Training Package Companion Volume
Implementation Guide or the relevant regulator for specific guidance
on regulatory requirements. |
Prerequisites: |
Nil |
- FNSACC512
Prepare tax documentation for individuals
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CIT Code: |
ACCT438 |
Cost: |
Standard $176.00
|
Description: |
This unit describes the skills and knowledge required to prepare
non-complex income tax returns for individuals in line with statutory
requirements. It encompasses gathering and verifying data, calculating
taxable income, and reviewing compliance requirements.It 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 Practitioner Board (TPB). Refer to the FNS
Financial Services Training Package Companion Volume Implementation
Guide or the relevant regulator for specific guidance on regulatory
requirements. |
Prerequisites: |
Nil |
- FNSACC513
Manage budgets and forecasts
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CIT Code: |
ACCT439 |
Cost: |
Standard $88.00
|
Description: |
This unit describes the skills and knowledge required to prepare,
document, and manage budgets and forecasts. It encompasses forecasting
estimates and monitoring budgeted outcomes.It applies to individuals
who use specialised knowledge and analytical skills to prepare and
manage strategic organisational information. |
Prerequisites: |
Nil |
- FNSACC514
Prepare financial reports for corporate entities
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CIT Code: |
ACCT440 |
Cost: |
Standard $154.00
|
Description: |
This unit describes the skills and knowledge required to prepare
financial reports for a corporate reporting entity. It encompasses
compiling and analysing data and meeting statutory reporting
requirements.It 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. Refer to
the FNS Financial Services Training Package Companion Volume
Implementation Guide or the relevant regulator for specific guidance
on regulatory requirements. |
Prerequisites: |
BSBFIA401 Prepare financial reports FNSACC311 Process financial
transactions and extract interim
reports
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- FNSACC516
Implement and maintain internal control procedures
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CIT Code: |
ACCT441 |
Cost: |
Standard $88.00
|
Description: |
This unit describes the skills and knowledge required to review
corporate governance requirements, implement internal control
operating procedures, and monitor associated policy.It applies to
individuals who use specialised knowledge and analytical skills to
ensure 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. Refer to the FNS
Financial Services Training Package Companion Volume Implementation
Guide or the relevant regulator for specific guidance on regulatory
requirements. |
Prerequisites: |
Nil |
- FNSACC517
Provide management accounting information
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CIT Code: |
ACCT442 |
Cost: |
Standard $132.00
|
Description: |
This unit describes the skills and knowledge required to gather,
record and analyse operating and cost data, prepare budget reports,
and review costing system integrity to calculate and record the costs
of products and services.It applies to individuals who use specialised
knowledge and analytical skills to manage complex financial data and
develop comprehensive organisational reports.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 |
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