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Statement of Attainment Accounting Fundamentals
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Overview

The Statement of Attainment in Accounting Fundamentals is an introduction to basic accounting and spreadsheets. The Statement of Attainment is ideal for people interested in a career pathway to accounting and bookkeeping. This course is delivered by industry skilled educators in a learning environment which is inclusive and supportive. You will gain experience through practical exercises, document preparation and workplace case studies.

This course covers:
- Introductory accounting knowledge and skills
- Producing reports
- Check and process detailed financial information complete reconciliations
- Process accounts receivable and accounts payable transactions
- Problem solving skills
- Microsoft 365 Excel Spreadsheets
- Communication skills to develop your work readiness
- Introduction to the regulatory environment for accounting

Qualification:

 Statement of Attainment - Accounting Fundamentals

Next Intake:

 Ongoing

Course No:

 SA-BT23

Campus:

 Face to face classes at CIT Reid*

Flexible learning at:
- CIT Learning Centres - CIT Gungahlin  and CIT Tuggeranong 
- CIT Library - CIT Reid* and CIT Bruce 


*From Semester 2 2025, the location of this course will transition from CIT Reid to the new CIT Woden campus. CIT will provide support for students who will be making the move to Woden. Learn more.

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 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
- 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
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

More Information

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