Diploma of Accounting
The Diploma of Accounting has recently been updated and has become an extremely popular entry-level accounting qualification as it provides you with a solid grounding and strong start into the accounting field.
By studying your Diploma of Accounting Online, you'll have a great deal of flexibility. You can enrol and start immediately with the freedom to study from home while you continue to work full-time or part-time if you wish to do so, gradually completing your Diploma at your own pace. By studying online, you'll be assigned to a dedicated tutor that you can contact anytime if you need assistance with your studies. Doing your Diploma of Accounting by distance is a great and easy way to make your move into the accounting field. It will qualify you to assist an accountant or be an accounts clerk. Once you've completed your Diploma, you should be able to claim exemptions for more than half the subjects of your 'Advanced Diploma' or several credits towards your Bachelor of Accounting, should you wish to go on and do further study. (Recently updated: October 2012)
Diploma of Accounting (FNS50210):
Course Code: FNS50210
Qualification: Diploma of Accounting
Accreditation: This is a nationally recognised, government-accredited course
Study time: Approx. 735 Hours. It should take you a year to complete (based on 10-14 hours study per week).
Study method: Online, Correspondence (post) or Classroom
Prerequisites / Requirements: There are no requirements to study this course
Enrolment dates: By studying online, you can enrol and start now!
Study Support: When you study online, you have private phone & email tutoring support whenever you need help
Financial Support: This Course is Centrelink approved and you may be eligible to receive ongoing study support benefits while you study this course from home. If you are a single parent, on a carers pension, disability pension and several others, you should be eligible for the pension education supplement. You should also ask Centrelink about the Education Entry Payment and the Temporary Supplement to Education Entry Payment ($1158 combined, as an upfront payment). If you're on NewStart Allowance, you should be able to claim the Education Entry Payment and the Temporary Supplement. To find out if you're eligible for Centrelink payments, call 13 24 90 and ask about the above payments.
Course outline: 27 theory units (approx. 60 written assessments, 7 MYOB assessments)
Pathways to further study: After completing your Diploma of Accounting you should be eligible for credits towards: Advanced Diploma of Accounting, Bachelor of Accounting
Cricos Approved: Yes, international students can study this course
Austudy Approved: Yes, the Diploma of Accounting is Centrelink 'Austudy' approved
Who will benefit from this course:
- Anyone wanting to begin a solid career in an accounting firm / environment
- Decision-makers either running a small-to-medium business or Department managers in a larger organisation
- Practicing Bookkeepers that are looking to expand their knowledge and improve their performance with a greater understanding of accounting systems and principles
- Anyone managing a business that is wanting to gain the fundamentals of accounting
- Business managers or employees responsible for budgets, forecasts and financial reporting
- Those looking to obtain a solid accounting qualification
to increase job performance in your current role
Diploma of Accounting Subjects:
Develop and use complex spreadsheets
Establish effective workplace relationships
Provide financial and business performance information
Prepare legally compliant tax returns for individuals
Manage budgets and forecasts
Prepare financial reports for corporate entities
Establish and maintain accounting information systems
Implement and maintain internal control procedures
Provide management accounting information
Prepare and administer compliant tax returns for legal entities
Evaluate business performance
Comply with financial services legislation and industry codes of practice
Apply economic principles to work in the financial services industry
Interpret and use financial statistics and tools
Prepare financial reports to meet statutory requirements
Prepare financial forecasts and projections
Apply legal principles in corporations and trusts law
Apply legal principles in commercial and property law
Diploma of Accounting FAQ's:
-I didn't finish high school and have no qualifications, can I study this course?
Yes, there are no pre-requisites / requirements to study this course. By studying online, you can enrol and begin this course today.
-If I study this course online, do I receive the exact same qualification that I would receive if I studied on campus?
Yes, you will receive the exact same qualification regardless of how you study it.
-How long do I have to finish the Diploma of Accounting when I study online or via correspondence?
Usually approximately 3-4 years, depending on which course provider you study with. You are usually able to apply for extension if you have a valid reason why you weren't able to finish it within the specified time-frame. Considering this course takes many people less than 12 months to complete, 3-4 years is an extreme amount of time and you shouldn't require much longer.
-Are there exams?
No, when you study via distance there are written assessments which you need to submit. With your Diploma of Accounting, you also have MYOB assessments to submit online.