Course Code: FNS50215
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Inspire’s FNS50215 Diploma of Accounting course is designed to build on your existing accounting skills and knowledge with more advanced accounting training.
It is an ideal qualification to help you develop your career in the accounting industry and take on more senior accounting roles or pursue opportunities such as becoming a registered Australian tax agent.
The Diploma of Accounting (FNS50215) is perfect for those advancing their accounting career to the next level. It is perfect for those wishing to engage in careers such as:
This qualification is delivered through Online Learning. This highly effective method of delivery is extremely popular and you will be supported during your studies by our talented accounting trainers. Online learning allows you to work at your own pace and fit your study around your work, family and life schedule. This is ideal if you are a busy professional or between employment and looking to complete your study quickly so you can rejoin the workforce as soon as possible.
Online study allows us to accept enrolments from anywhere in Australia (or overseas). You can start training and get your accounting career on track whether you live in regional areas or major cities like Brisbane, Perth, Adelaide, Melbourne or Sydney.
Course Duration: You will have up to 12 months to complete your training from your course start date through online learning. There are no set course dates so you can enrol and begin training straight away and work through the course as fast as you like!
While studying your Diploma of Accounting (FNS50215), you will learn essential skills such as how to prepare tax returns for individuals. You will also discover how to implement internal control processes, manage budgets and forecasts, prepare financial reports for corporate entities and provide financial and business performance information.
This accounting diploma course can be used to fulfill the ‘Primary Qualification’ requirements for Tax Agent registration in Australia! It may also be used to fulfill many of the educational requirements for BAS Agent registration (see Certification Requirements at the bottom of the page for more information).
Our Diploma of Accounting (FNS50215) course will help you develop a broad range of accounting skills integral to the operation of Australian businesses, governments and charities. These skills are valued by prospective employers across all industry sectors and can be used in a huge range of professional accounting roles.
The FNS50215 Diploma of Accounting is a nationally recognised and accredited Australian accounting course. It is ideal if you are seeking Tax/BAS agent registration and/or wish to enhance your skills and knowledge to take on more senior roles in accountancy.
Expected Study Hours: This accounting qualification course has an expected study time of 1200 hours. This equals approximately 23 hours per week over 12 months.
Assessment Methods: This Diploma course is assessed using written questions, problem solving in scenarios or simulated activities, case studies and by gathering & creating documents.
The FNS50215 Diploma of Accounting is comprised of 11 units – 6 core units and 5 elective units. Our elective course units have been carefully chosen to ensure they meet the needs of a wide range of jobs requiring accounting skills.
FNSACC501 – Provide financial and business performance information
FNSACC502 – Prepare tax documentation for individuals
FNSACC503 – Manage budgets and forecasts
FNSACC504 – Prepare financial reports for corporate entities*
FNSACC506 – Implement and maintain internal control procedures
FNSACC507 – Provide management accounting information
FNSACC405 – Maintain inventory records
BSBITU402 – Develop and use complex spreadsheets
FNSBKG405 – Establish and maintain a payroll system
BSBFIA401 – Prepare financial reports
FNSACC301 – Process financial transactions and extract interim reports
The Diploma of Accounting shares some units with the FNS40215 Certificate IV in Bookkeeping and the FNS40615 Certificate IV in Accounting courses. If you hold either of these qualifications, you may be able to gain credit for units you have already completed and reduce your study load!
There are no prerequisites required to enter the Diploma of Accounting.
However, it is preferred that students:
To support you in your studies Inspire will provide:
To complete your studies you will need to have access to:
After completing your Diploma course, you can continue your studies with the FNS60215 Advanced Diploma of Accounting. The advanced diploma can lead to career outcomes such as financial accountant, taxation accountant or management accountant. You may be able to use the advanced diploma as an entry path into a Bachelor of Accounting qualification (or other business related disciplines).
Once enrolled in this course you may also consider additional training to complement your accounting skills:
TAE40116 Certificate IV in Training and Assessment – to become an accounting trainer or enhance your workplace training skills.
FNS40215 Certificate IV in Bookkeeping – to develop additional skills to use in bookkeeping roles.
BSB40515 Certificate IV in Business Administration – to enhance your general business administration skills.
RPL is available to any learner who can provide evidence of competency for the units offered within the qualification. See the RPL Guide for more information on this process and how to apply.
This Diploma of Accounting (FNS50215) course is an approved course you can use to fulfill the ‘Primary Qualification’ requirements for Tax Agent registration (see TASA 2009, schedule 2, part 2, item 203).
You can also use this qualification to fulfill the training requirements for BAS agent registration provided you have also completed the unit “FNSBKG404A – Carry out Business Activity and Installment Activity Statement tasks” (or equivalent). This unit is commonly included in the Certificate IV in Bookkeeping (FNS40215) and Certificate IV Accounting (FNS40615) qualifications, and is part of the Certificate IV in Accounting bridging course offered by Inspire Education.