Diploma of Accounting

FNS50222
18 months
Online

This nationally recognised FNS50222 Diploma of Accounting provides skills to start or develop existing knowledge of accounting. This accounting diploma builds on the Cert. IV in Accounting and Bookkeeping course.

  • Course code: FNS50222

  • Delivery mode: Online

  • Course duration: 18 months

  • Qualification: Diploma

  • Eligibility: This course is not available to international students

  • Nationally recognised: Yes

  • Awarded by: Swinburne University of Technology

  • Assessments

    • Written or oral answers, interviews or questionnaires

    • Projects and case studies in a simulated work environment

    • Direct observation assesed in real time in the workplace or simulated work environment

    • Portfolio of evidence: written documents, photographs, videos or log books

    • Reports, displays, work samples, role plays and presentations.

Kick start your career in accounting with a nationally recognised Diploma.

Study online to gain a Diploma of Accounting (FNS50222) with Swinburne Open Education. This nationally recognised diploma offers you an entry point into the accounting and finance industry. Whether you’re looking to start your career in accounting, or you already work in the industry and are seeking to validate, verify and further develop your knowledge, this course equips you with the accounting skills you need for daily work.

You will learn a range of skills, including producing complex documents and using spreadsheets to complete business tasks, preparation of operational budgets, processing tax requirements, management of budgets and forecasts, interpretation of financial statistics and the tools to prepare financial reports for corporate entities.

Bite-sized, online learning that fits around your life. This diploma course is split into three easy-to-manage study blocks, so you can fit a study block into your down time and gain a statement of attainment towards your diploma. On successful completion of all three study blocks, you’ll receive your diploma.

You can choose to spread your studies out, or get to the good bit fast. Don’t take time out to study - choose the study that works around you. Enrol to study accounting online. Work towards your Diploma with Swinburne Open Education.

This course is not available to international students.

 

You will learn:

  • Preparing financial reports and operational budgets 

  • Preparing tax documentation for individuals 

  • Providing financial and business performance information 

  • Providing management accounting information 

  • Processing business tax requirements  

 

Career options include:

  • Assistant accountant​

  • Senior payroll officer​

  • Accounts officer.

A young female student studying online on her laptop from home.

 

Start your career in a growing accounting industry

Source: Career outcome information from Your Career (July 2024).

 

Why study Diploma in Accounting online

  • This nationally recognised diploma offers you an entry point into the accounting and finance industry.

  • You will learn a range of skills, including producing complex documents, using spreadsheets to complete business tasks, preparation of operational budgets, processing tax requirements, and more.

  • Maintain work/ life balance with flexible online study, allowing you to continue in a current role.

Woman gives a presentation in a business setting.

 

Study online with our world-class learning platform

  • Designed and delivered online so you can learn anywhere, anytime

  • Study on any device - desktop, tablet or mobile

  • Learn through regular trainer-lead online sessions and native content

  • Engage with your learning community through online forums and messages

 

Download your free online course guide

Enter your details and the Swinburne Open team will send you a free course guide with the info to get started. An Enrolment Consultant will be in touch to discuss your options and answer any questions you may have.

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Once you have enrolled in this online course, you can access our online platform and start with the first module.

This accounting course contains 12 online modules, split into 3 study blocks. The modules have been designed to cover 11 units of competency, including 7 core units and 4 elective units. This course contains an introductory module.

Expand units below, to get an understanding of topics and objectives.

BSBTEC402
BSBTEC402 Design and produce complex spreadsheets

This unit describes the skills and knowledge required to use spreadsheet software to complete business tasks and produce complex documents.

FNSACC521
FNSACC521 Provide financial and business performance information

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.

FNSACC522
FNSACC522 Prepare tax documentation for individuals

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.

FNSACC523
FNSACC523 Manage budgets and forecasts

This unit describes the skills and knowledge required to prepare, document, and manage budgets and forecasts. It involves forecasting estimates and monitoring budgeted outcomes.

FNSACC524
FNSACC524 Prepare financial reports for corporate entities

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.

FNSACC526
FNSACC526 Implement and maintain internal control procedures

This unit describes the skills and knowledge required to review corporate governance requirements and implement and monitor internal control operating procedures.

FNSACC527
FNSACC527 Provide management accounting information

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

FNSACC411
FNSACC411 Process business tax requirements

This unit describes the skills and knowledge required to maintain business taxation accounting records, and to process lodgements and returns according to Australian Taxation Office (ATO) requirements, excluding income tax. Documentation for business activity statements (BAS) must be authorised by a registered BAS agent.

FNSACC412
FNSACC412 Prepare operational budgets

This unit describes the skills and knowledge required to prepare and document operational budgets for a variety of organisations.

FNSACC601
FNSACC601 Prepare and administer tax documentation for legal entities

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.

FNSINC612
FNSINC612 Interpret and use financial statistics and tools

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.

Students are required to complete all units of competency in a study block so they can meet the eligibility criteria to move onto the next study block. Students are required to enrol into each study block individually.

On successful completion of each study block, you will gain a statement of attainment towards your diploma. On successful completion of all three study blocks, you will receive your Diploma. The study blocks will be advised on enrolment. You will also receive a prescribed study plan to help manage your time and ensure all study blocks are completed in an acceptable time frame.

 

Course requirements

To enter this diploma of accounting course, students must be at least 18 years old and must be Australian or New Zealand Citizens or Residents.

Students in this course also must have completed the following 4 specified units, or their equivalents:

  • FNSACC321 Process financial transactions and extract interim reports

  • FNSACC322 Administer subsidiary accounts and ledgers

  • FNSACC418 Work effectively in the accounting and bookkeeping industry; and

  • FNSACC421 Prepare financial reports.

These competencies may have been achieved through the completion of the following (or their equivalent):

FNSSS00014 Accounting Principles Skill Set; or FNS40222 Certificate IV in Accounting and Bookkeeping.

This course is not available to International students.

The Swinburne Open modern online learning platform has been designed so that you can study online anywhere, anytime. You will need to meet the following IT requirements to use our platform for this Diploma course:

Desktop or laptop

  • Latest version of Chrome or Safari

  • Microsoft Office (2010 or higher)

  • Adobe PDF Reader

Mobile or tablet*

  • Latest version of Chrome or Safari

  • Latest version of Android

  • Latest version of iOS

* Students using a mobile or tablet will need to upload documents from a laptop or desktop or have a Dropbox account.

You will need to have intermediate computer skills to undertake this course. This includes the ability to:

  • Create, save and edit Microsoft Office documents

  • Access and search the internet

  • Download and save documents from websites

  • Upload documents through websites

  • Create audio files and videos.

* Swinburne Open Education provides all students enrolled in FNS50222 Diploma of Accounting with access to MYOB software.

Eligible students may be able to access a VET Student Loan (VSL). For more details on this initiative, as well as eligibility criteria, please visit Swinburne University of Technology.

Intake dates

Please note, this diploma course is split into three study blocks. Below are the key dates for the next three study block 1 intakes we have available.

Study block 1:

  • Last enrolment date: Monday 28 October, 2024

  • Start date: Monday 4 November, 2024

  • Census date: Friday 6 December, 2024

  • Finish date: Sunday 6 April, 2025

  • Maximum extension: Sunday 1 June, 2025

Study block 2:

  • Last enrolment date: Monday 14 April, 2025

  • Start date: Monday 21 April, 2025

  • Census date: Friday 23 May, 2025

  • Finish date: Sunday 21 September, 2025

  • Maximum extension: Sunday 16 November, 2025

Study block 3:

  • Last enrolment date: Monday 29 September, 2025

  • Start date: Monday 6 October, 2025

  • Census date: Friday 7 November, 2025

  • Finish date: Sunday 8 March, 2026

  • Maximum extension: Sunday 3 May, 2026

Study block 1:

  • Last enrolment date: Monday 25 November, 2024

  • Start date: Monday 2 December, 2024

  • Census date: Friday 3 Jan, 2025

  • Finish date: Sunday 4 May, 2025

  • Maximum extension: Sunday 29 June, 2025

Study block 2:

  • Last enrolment date: Monday 12 May, 2025

  • Start date: Monday 19 May, 2025

  • Census date: Friday 20 June, 2025

  • Finish date: Sunday 19 October, 2025

  • Maximum extension: Sunday 14 December, 2025

Study block 3:

  • Last enrolment date: Monday 27 October, 2025

  • Start date: Monday 3 November, 2025

  • Census date: Friday 5 December, 2025

  • Finish date: Sunday 5 April, 2026

  • Maximum extension: Sunday 31 May, 2026

Study block 1:

  • Last enrolment date: Monday 30 December, 2024

  • Start date: Monday 6 January, 2025

  • Census date: Friday 7 February, 2025

  • Finish date: Sunday 8 June, 2025

  • Maximum extension: Sunday 3 August, 2025

Study block 2:

  • Last enrolment date: Monday 16 June, 2025

  • Start date: Monday 23 June, 2025

  • Census date: Friday 25 July, 2025

  • Finish date: Sunday 23 November, 2025

  • Maximum extension: Sunday 18 January, 2026

Study block 3:

  • Last enrolment date: Monday 1 December, 2025

  • Start date: Monday 8 December, 2025

  • Census date: Friday 8 January, 2026

  • Finish date: Sunday 10 May, 2026

  • Maximum extension: Sunday 5 July, 2026

 

Online study FAQs

We understand you need to fit study around your busy life. Our online learning platform is designed with this in mind, so you can study on any device, anywhere, anytime. Here are answers to some accounting frequently asked questions.

Read more FAQs

 

 

Accountants handle financial tasks, like recording transactions, creating statements, and ensuring tax compliance.

They help people and businesses manage money, make financial choices, and plan for the future. Accountants also provide financial advice and direction to both businesses and to individuals.

Yes, accounting work can be done remotely. The advancement of technology and the availability of online accounting tools such as software, allows many accountants to work from anywhere with an internet connection.

This remote capability has been further accelerated by the COVID-19 pandemic, showing that remote accounting is both possible and also efficient.

The salary of an accountant in Australia can vary based on factors like the level of experience, where they work, and the industry they're in.

On average, accountant salaries in Australia are around $1,841 weekly, or $95,732 annually (2024).

AI and automation are reshaping accounting by automating repetitive tasks. However, AI is unlikely to fully replace accountants.

Accountants bring expertise in interpreting financial data, offering strategic financial advice, and ensuring compliance with complex regulations.

AI can assist, but human judgment remains vital for addressing unique financial challenges and providing personalised guidance.

 

 

 

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