FNS50217 Diploma of Accounting

  • Course description
  • Course delivery
  • Entry requirements
  • Career Outcomes
  • Education Pathway Information
  • Course Credit
  • Course Structure
  • Fee Information
  • Duration

FNS50217 Diploma of Accounting

CRICOS Course Code: 0101280

This qualification reflects professional accounting job roles in financial services and other industries, including tax agents, accounts payable and accounts receivable officers, payroll service providers, and employees performing a range of accounting tasks for organisations in a range of industries. Individuals in these roles apply solutions to a range of often complex problems and analyse and evaluate information from a variety of sources. They apply initiative to plan, coordinate and evaluate their own work and provide guidance to others within defined guidelines.

Licensing/Regulatory Information

Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on requirements.

This qualification includes units that comprise an approved Tax Practitioner Board (TPB) course in Australian taxation law and commercial law, which are relevant for registration as a tax agent. Persons seeking registration with the TPB should check current registration requirements with the TPB, as registration requirements are reviewed regularly.

The latest release of the qualification and packaging rules can be found at the following link:


This course will be delivered face-to-face in a classroom-based setting which includes the simulation of workplace based environment.

The course is delivered at:

Level 7, 190 Queen Street, Melbourne, VIC 3000

The Training Package requires that students must have completed the following six units or their equivalent:

· Completion of the FNSSS00014 Accounting Principles Skill Set;


· Completion of FNS40615 Certificate IV in Accounting or equivalent;


· Completion of FNS40215 Certificate IV in Bookkeeping or equivalent.

Stanford College Australia has the following entry requirements:

International students must:

· Be at least 18 years of age.

· Participate in a course entry interview to determine suitability for the course and student needs.

· Have an IELTS* score of 5.5 (test results must be no more than 2 years old). English language competence can also be demonstrated through documented evidence of any of the following:

· Educated for 5 years in an English speaking country; or

· Completed at least 6 months of a Certificate IV level course in an Australian RTO; or

· Successful completion of an English Placement Test.

Note that other English language tests such as PTE and TOEFL can be accepted. You are required to provide your results so that we can confirm they are equivalent to IELTS 5.5.

Students who complete this course may be able to seek employment in a range of accounting roles.

Students who complete this course may wish to further their study into the FNS60217 Advanced Diploma of Accounting or a range of Advanced Diploma qualifications or higher education qualifications in accounting.

Students may apply for recognition of existing qualifications or skills, knowledge and experience (credit transfer or recognition of prior learning) as per the information included in our International Student Handbook, which is available at www.stanford.edu.au

For international students, the granting of course credit may affect course fees as well as the duration of the course.

The result of an application for credit and any changes to fees or course duration will be advised to students in writing.

If course credit is granted following issuance of the Confirmation of Enrolment, students will receive a new Confirmation of Enrolment showing a reduced duration.

For any questions about course credit, contact us at the details shown below.

The FNS50217 Diploma of Accounting requires the successful completion of six (6) core and five (5) elective units. Electives for this qualification have been chosen by Stanford College Australia to ensure that students achieve a broad range of skills and knowledge in accounting.

Units included in this qualification are:


Provide financial and business performance information



Prepare tax documentation for individuals



Manage budgets and forecasts



Prepare financial reports for corporate entities (pre-requisite units are BSBFIA401 and FNSACC311)



Implement and maintain internal control procedures



Provide management accounting information



Develop and use complex spreadsheets



Lead effective workplace relationships



Apply economic principles to work in the financial services industry



Manage personal work priorities and professional development



Manage meetings


Please contact Stanford College Australia at +61(03) 9670 8893 or Email to admin@stanford.edu.au for further details and ongoing specials (if applicable) on pricing.

Please refer to Fee and Refund Policy for further details on fees and refunds arrangements.

This qualification will be delivered over 73 weeks, including 55 weeks of training and assessment spread over 5 terms of 10 weeks and 1 term of 5 weeks and 18 weeks of holidays. Holidays are 3 weeks per term.

Class sessions are planned to ensure that students have a mixture of practical and theoretical components and those classes cater for a wide variety of learning styles. Additionally, workplace practices and environments are simulated and used to conduct skills based assessments in accordance with unit requirements.

The timing for this course will be advised in the Letter of Offer.