Advanced Diploma of Accounting

Improve your career prospects or help your business.

All businesses – from small owner-operated to large multi-national companies – use the same fundamental principles of accounting. Develop and expand your skills in this field and you will improve your career prospects in any industry.

Cengage Education’s Advanced Diploma of Accounting is ideal for those looking to an executive level career in the accounting profession, or for small and medium business owners needing advanced skills in financial management.

On completion of your course:

Upon successful completion of your course you will receive a nationally recognised FNS60204 Advanced Diploma of Accounting. Cengage Education is a Registered Training Organisation registered with VETAB (Vocational Education and Training Accreditation Board).

About our NSW VETAB accreditation
About our Nationally Recognised Training accreditationCengage Education is a Registered Training Organisation registered with VETAB (Vocational Education and Training Accreditation Board).

Austudy approved

This course is Austudy approved, please apply directly to Centrelink to receive this benefit. Get more information about Financial Assistance programs.

Professional memberships/affiliations.

Adecco Australia

Cengage Education is proud to announce their affiliation with one of the world's leading employment services Adecco Australia. Students wishing to seek full/part time employment in their chosen field can now contact Adecco Australia on completion of their qualification.

National Institute of Accountants (NIA) membership

Cengage Education is proud to announce its affiliation with the National Institute of Accountants (NIA), a professional organisation for accountants recognised for their practical, hands-on skills and a broad understanding of the total business environment.

The NIA is a progressive, responsive accounting body committed to integrity, professionalism and professional development. It represents more than 14,000 members working in industry, commerce, government, academia and private practice.

This relationship offers students free membership to the NIA Student Register. The register offers access to a wide range of resources that will not only benefit the student's learning experience, but will also provide valuable insight into the financial sector.

Benefits of NIA membership for Diploma Students

  • The National Accountant journal is delivered to members six times a year. Each issue reflects features and articles, written specifically for Student Members.
  • The Directions newsletter specifically for Student Members is delivered by email four times a year.
  • The e-Statements newsletter is delivered five times a year by email and is an excellent way for Student Members to keep up to date with the latest events happening within their NIA Division
  • The technical newsletter for the NIA Technical Advantage is delivered to members on a fortnightly basis via email and covers updates on tax, accounting, Corporations Law and other business related issues
  • Unrestricted access to the NIA website. The website contains a technical resource library, the Australian Accounting Standards, discussion forums, and all upcoming accounting information and events.
  • Access to member benefits and services, offering a wide range of discounts on personal and business services.

University credit transfer arrangements.

Students who successfully complete the Cengage Education Advanced Diploma of Accounting course may be eligible for credits towards:

For more information call a Course Advisor today on 1300 853 033, or for degree study options or course fee information you can contact the above mentioned university.

Call 1300 853 0338am-6pm AEST Mon-Fri
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Course Number A0005C
Course Type Correspondence
Course Duration Max 48 months
Study Hours Approx 825 hrs
Qualification Advanced Diploma
Nationally Recognised What does this mean?

Prerequisites

No previous knowledge or experience is required to take this course.

Learning periods:

This course is divided into 17 learning periods

Computer requirements

  • A computer with Windows 95/98® or higher
  • Microsoft Excel 2000 or higher
  • CD-ROM drive
  • Scientific calculator

Assessment details

  • 72 accounting based written assessments
  • Final examination

Extra learning materials included

  • Information for Decisions textbook
  • Develop and use complex spreadsheets exercise files CD

Subjects You’ll Cover

FNSICGEN301B Communicate in the workplace

  • Communication within the workplace
  • Successful communication
  • Spoken messages and telephone skills
  • Using appropriate language
  • Listening and clarifying information

FNSICGEN302B Use technology in the workplace

  • Maintaining equipment
  • Selecting and using technology
  • Organisational requirements
  • Processing and organising data
  • Coordinating your tasks

FNSICGEN304B Apply health and safety practices in the workplace

  • Occupational health and safety legislation
  • Participating in occupational health and safety
  • Identifying training needs
  • Safety checks
  • Encouraging contribution

BSBADM404A Develop and use complex spreadsheets

  • Using meaningful files names
  • Back-up
  • Security
  • Standard formats
  • Copying and moving data
  • Inserting and deleting columns and rows
  • Checking data
  • Pie charts
  • Quick charts
  • Linking workbooks
  • Data tables
  • Formulas working with multiple worksheets
  • Macros
  • Cell protection

FNSACCT504BPrepare financial reports for a reporting entity

  • Companies and their formation
  • Share issues
  • Debenture issues and redemption
  • Conversion to a company
  • Reserves, provisions and income tax
  • Statement of cash flow
  • Preparation of financial statements
  • Consolidations

FNSACCT614B Prepare complex corporate financial reports

  • Company restructuring and share capital alterations
  • Accounting for goodwill and discount
  • Business combinations
  • Consolidated accounts – wholly owned subsidiaries
  • Consolidated accounts – with minority interest
  • Joint ventures and investment
  • Accounting for foreign currency transactions
  • Company liquidation

FNSACCT503B Manage budgets and forecasts

  • The principles of budgeting
  • Budgeting for service businesses
  • Budgeting for the trading business
  • Expense budgets
  • Budgeted profit and loss statements
  • Performance appraisal
  • Sales budgets
  • Expenses budgets

FNSACCT502B Prepare income tax returns

  • Introduction to income tax law
  • Assessable income
  • Lump sum payments for annual leave and long service leave
  • Exemption income and exemptions for clubs and societies
  • Allowance deductions
  • Depreciation
  • Rebates and tax offsets
  • Trade stock and completion of the for “I”
  • Trading stock
  • Lodgement of income tax returns
  • Rebates on termination and leave payments
  • Dependent rebates
  • Limit on rebates
  • Partnership
  • Taxation of minors – Division 6AA
  • Eligible assessable income of certain professionals

FNSACCT506B Implement and maintain internal control procedures

  • Corporate governance requirements and internal control
  • General principles of internal control
  • Internal control framework
  • Standards and practices
  • Objectives of internal control
  • The mechanics of control
  • The social structure influence
  • The implementation and application of internal control procedures
  • Maintaining a sound system
  • Monitoring procedures
  • The role of the internal and external auditor
  • Not for profit and operational audits

FNSACCT507B Provide management accounting information

  • Introduction to cost concepts
  • The manufacturing statement
  • Recording the cost cycle
  • Accounting for direct materials
  • Materials handling and control
  • Source documentation for purchases, receipts and issues
  • Materials document flow through the organisation
  • Accounting for direct labour
  • Wage systems
  • Factory payroll records
  • Labour ledger account
  • Accounting for manufacturing overhead
  • Direct and absorption costing
  • Cost volume profit analysis
  • Methods of job costing
  • Preparing reports
  • Performance reports

FNSACCT613B Prepare and analyse management accounting information

  • Job costing
  • Activity based costing
  • Process costing
  • Operations cost systems
  • Accounting for joint products and by-products
  • Standard cost systems
  • Direct and absorption costing
  • Cost volume profit analysis
  • Modern costing techniques for contemporary factory management
  • Preparing budgeted reports for manufacturing firms

FNSACCT505B Establish and maintain accounting information systems

  • The nature of an information system
  • Establishing an accounting information system
  • Accounting information sub-systems
  • Establishing the credit purchases system
  • Establishing the credit sales system
  • Establishing the cash receipts and payments system
  • Establishing a payroll system

BSBMGT502A Manage people performance

  • Manage performance through effective work allocation
  • The role of the assessment in the role of the performance management process
  • Keeping performance management and review processes
  • Performance planning
  • Conducting performance planning meetings
  • Implement performance management processes
  • Using feedback as a mechanism for performance management
  • Effective performance management follow up

BSBFLM512A Ensure team effectiveness

  • Leadership styles
  • Successful leadership
  • The leader and the people
  • Types of teams
  • Functional work teams
  • Diversity in teams
  • Barriers to Communication
  • Conflict resolution

FNSACCT605B Implement organisational improvement programs

  • Review programs
  • Contribute to strategic development
  • Develop options for improvement
  • Establish systems to support change

FNSACCT604B Monitor corporate governance activities

  • Research corporate governance reporting trends
  • Determine processes for corporate governance adherence
  • Examine corporate governance standards and practices
  • Review corporate governance compliance

FNSICIND401B Apply principles of professional practice to work in the financial services industry

  • Identify the scope, sectors and responsibilities of the industry
  • Identify and apply financial services industry guidelines, procedures and legislation
  • Manage information in relation to documentation
  • Ensure reports are read, understood and any implications are discussed with relevant staff
  • Plan work to be completed, taking into consideration time, resources and other constraints

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