Diploma of Accounting

(Course Code FNS50204 / CRICOS Code 057039C)

The Australian Qualifications Framework

This course is a nationally accredited qualification under the Australian Qualifications Framework (AQF). The Australian Qualifications Framework (AQF) provides a nationally consistent and flexible framework for all qualifications gained through the workplace, post compulsory education and training.

This means that qualifications are designed to be consistent and to be recognised across Australia. Organisations and individuals will be certain of what competencies each AQF qualification includes. The Australian Qualifications Framework (AQF) is a national framework that is based on achieving competency

Course Aims

The purpose of this qualification is to train students for assistant accounting roles and duties involving supervision and control of accounting systems, maintaining internal control systems, management of complex budgets and forecasts, preparation of financial statements for reporting entities, analysis of business performance, preparation of tax returns and management of a small team. Undertaking this course also equips students with the skills to develop, implement and measure performance management systems.

Course Structure

4 Industry Core Units Apply health and safety practices in the workplace Apply principles of professional practice to work in the financial services industry Communicate in the workplace Use technology in the workplace Prerequisite Units Prepare and bank receipts Prepare financial reports Process journal entries Maintain financial records Set up and operate a computerised accounting system	5 Sectoral Core Units Implement and maintain internal control procedures Prepare income tax returns Prepare financial reports for a reporting entity Provide management accounting information Manage budgets and forecasts 3 Elective Units From the Financial Services or other Training Packages, chosen by the College.
Units for course structure are subject to change. Not all units are offered every term/semester)

Assessment

The intention of this course is to define a viable and valued workplace outcome. Students completing any associated training course should be able to effectively perform a substantive work role.

The achievement of competence will be assessed by a range of methods aiming at maximum flexibility and customization to address specific needs and learning situations: observation of ongoing activities, short formal and informal tests, presentation of portfolios, role plays, observation of group discussion. Students will undertake informal assessment on an ongoing basis.

This assessment will be used by the teacher to monitor student progress and to provide appropriate feed back. The informal assessments do not contribute to the results achieved by a student. Students should be aware that all competency based tasks must be completed by the submission date. If a student does not pass their formal competency based assessment then they have the right to be re-assessed before they commence their end of semester tests.

Requirements to Receive the Qualification

To receive the Diploma, students are required to successfully complete all units of competence. A qualification will be issued based on the successful assessment of all units of competency.

Duration

Full-time: 1 Year or 6 months after completion of Certificate IV in Accounting.

Prerequisites:

• Successful completion of Year 12 or equivalent AND;
• International students: English language skills at least equivalent to IELTS 5.5 OR IELTS 5.0 with maximum 20 weeks ELICOS course OR Advanced level at Ozford English Language Centre.

Intakes

2008 VET Intakes
Term 1 18 Feb - 11 Apr 2008	Term 2 28 Apr - 27 Jun 2008	Term3 14 Jul - 19 Sep 2008	Term 4 6 Oct - 28 Nov 2008
X	X	X	X
2009 VET Intakes
Term 1 16 Feb - 10 Apr 2009	Term 2 21 Apr - 26 Ju n2009	Term3 13 Jul - 18 Sep 2009	Term 4 5 Oct - 27 Nov 2009
X	X	X	X
(*Intakes are subject to change due to the enrolment numbers)