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Statement of Attainment Accounting Fundamentals
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Overview

The Statement of Attainment in Accounting Fundamentals is your gateway to a solid understanding of basic accounting principles and spreadsheet management. Perfect for those looking to explore a career in accounting or bookkeeping, this course provides a comprehensive foundation, with hands-on experience in both practical exercises and workplace case studies. Delivered by industry-experienced educators, the course is designed to be supportive and inclusive, ensuring that you feel confident and ready to take on new challenges.

By the end of this course, you will have gained a strong grasp of introductory accounting concepts and essential skills, along with the ability to produce accurate financial reports and process detailed financial information. You will be equipped with the skills to perform financial reconciliations and manage accounts receivable and accounts payable transactions, as well as practical problem-solving techniques to address accounting challenges.

Additionally, you will become proficient in using Microsoft 365 Excel for essential spreadsheet tasks and develop enhanced communication skills to improve your work readiness and confidence in a professional setting. Furthermore, you will gain an understanding of the regulatory environment that governs accounting practices.

Whether you're starting out in the world of finance or looking to enhance your skillset, this course offers an accessible and engaging way to build a strong foundation for your future career.

Qualification:

 Statement of Attainment - Accounting Fundamentals

Course start date:

 Start anytime

Course No:

 SA-BT29

Campus:

Face to face classes at CIT Woden 

Flexible learning at:

Duration:

Part-time - one semester - approximately 10 hours per week

Cost Info:

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.

Indicative Cost:

 $410

Likely Job Outcome:

Accounts Receivable/Payable Officer, Data Entry Officer, Administration Support.

Application Type:

 Standard
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Timetable

To find out more about class scheduling, request a timetable.

Additional Information

  • Enrol at the beginning of semester for face-to-face classes
  • Most textbooks provided

Standard application

Entry Requirements

Open entry, no prerequisites.

Skills Recognition

To study any course at CIT (excluding 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 4 subjects

Core: Complete all 4

  • BSBTEC302   Design and produce spreadsheets
    • CIT Code: BUSN548
      Cost: Standard $100.00
      Description: This unit describes the skills and knowledge required to develop spreadsheets through the use of spreadsheet applications.The unit applies to individuals employed in a range of environments who tend to be personally responsible for designing and working with spreadsheets under minimal supervision. These individuals are generally required to have intermediate knowledge and understanding of a number of spreadsheet applications.No licensing, legislative or certification requirements apply to this unit at the time of publication.
      Prerequisites: Nil
  • FNSACC321   Process financial transactions and extract interim reports
    • CIT Code: ACCT458
      Cost: Standard $145.00
      Description: This unit describes the skills and knowledge required to prepare and process routine financial documents, prepare journal entries, post journal entries to ledgers, prepare banking and reconcile financial receipts, and extract a trial balance and interim reports.The unit applies to individuals who follow agreed processes to carefully check and process detailed financial information to ensure standards are maintained.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
  • FNSACC322   Administer subsidiary accounts and ledgers
    • CIT Code: ACCT459
      Cost: Standard $100.00
      Description: This unit describes the skills and knowledge required to reconcile and monitor subsidiary accounts and ledgers in financial accounts receivable and accounts payable systems. This includes identifying bad and doubtful debts, communicating with identified clients, and planning a recovery action, recording creditor invoices, and remitting payments to sundry creditors.The unit applies to individuals who follow agreed processes and use problem solving skills to administer financial accounts and ledgers within the scope of own responsibility.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
  • BSBINS309   Maintain business records
    • CIT Code: BUSN350
      Cost: Standard $65.00
      Description: This unit describes the skills and knowledge required to maintain the records of a business on an operational basis.The unit applies to individuals who follow established guidelines and processes to carry out their work. They work under supervision or in consultation with senior staff or system users to support effective information management and governance practices across the organisation.No licensing, legislative or certification requirements apply to this unit at the time of publication.
      Prerequisites: Nil

Related Courses

Advanced Diploma Accounting FNS60222
Diploma Accounting FNS50222
Certificate IV Accounting and Bookkeeping FNS40222
Certificate III Accounts Administration FNS30322
Statement Attainment BAS Agent Registration Skill Set FNSSS00004

More Information

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