Accounting and Bookkeeping Course
FNS50222 Diploma of Accounting
Qualification description
This qualification reflects 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, legislative, regulatory or certification considerations
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to 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.
📋 Course Overview
| Item | Details |
|---|---|
| VET National Code | FNS50222 |
| CRICOS Course Code | 112866G |
| Duration | 52 weeks (40 weeks of class delivery and 12 weeks of break/holidays) |
| Volume of Learning |
Total Volume of Learning (hrs): 1200 Classroom Training (hrs): 420 Classroom Assessment (hrs): 380 Self-Study (hrs): 400 |
| Tuition Fee | $15,000 |
| Enrolment Fee | $300 |
| Material Fee | $500 |
| Delivery Mode |
The training program is delivered using a blended mode which incorporates face-to-face classes, visual training and self-study, to provide a rich and engaging learning experience. This program also includes a 10-week study period in each term, excluding holidays, with 16 hours per week of face-to-face training and assessment and 4 hours of virtual training sessions. |
📝 Entry Requirements
| Requirement | Details |
|---|---|
| Age Requirement | All international students must be at least 18 years of age or above at the time of course commencement. |
| Academic Requirements | International students applying for this qualification, either offshore or on-shore, will need satisfactory completion of the equivalent of Australian Year 12 or equivalent and prior to commencing this qualification an individual must have completed the following units of competency (or equivalent). FNSACC321 Process financial transactions and extract interim reports ; FNSACC322 Administer subsidiary accounts and ledgers; FNSACC418 Work effectively in the accounting and bookkeeping industry; FNSACC421 Prepare financial reports (this unit is the equivalent version of BSBFIA401 Prepare financial reports). These competencies may have been achieved through completion of the following (or their equivalent): FNSSS00014 Accounting Principles Skill Set; OR FNS40222 Certificate IV in Accounting and Bookkeeping. |
| English Language Requirements |
To enrol into this course with AABT College, international students, applying either off-shore or on-shore, must satisfy one of the following requirements:
Results more than two years old are not acceptable. OR
OR
Please note that AABT College will also accept equivalent test results from the following specified English Language Tests: *On 26 July 2023 the TOEFL internet-based test (TOEFL iBT) stopped offering English language tests for Australian visa purposes. A score for a TOEFL iBT test taken on or after 26 July 2023 will no longer satisfy the English language requirement for Student visa purposes. Only TOEFL iBT scores from a test taken on or before 25 July 2023 are accepted for Student visa purposes. **From 12 February 2024, only results from the paper-based Cambridge C1 Advanced test (previously known as Cambridge English: Advanced CAE) will be accepted for Australian visa and migration purposes. Test scores for both C1 Advanced paper-based and computer-based tests, taken before 12 February 2024, within the specified validity period are still accepted. |
| Pre-Training Review | All students will undertake a pre-training review which identifies training needs, education background, and computing skills via an interview with an AABT enrolment officer. This also explores potential RPL opportunities and ensures readiness to complete the course. |
| Computer Literacy Requirement | Students must have basic computer skills including MS Word, PowerPoint, and internet research. They must be able to use email, work with PDFs, and access web platforms like Moodle. |
| Materials & Equipment Requirement |
While AABT College provides access to computers and resources during class, students must bring a personal laptop (Windows 10 or higher), have a valid email address, and be reachable via phone or mail. All learners must have access to MS Office tools and communication platforms. |
| Recognition of Prior Learning (RPL) | RPL is available for each unit based on prior training, work experience or formal learning. Please consult your trainer or the support team to apply. |
| Credit Transfer | Credit Transfer can be granted for equivalent units from accredited qualifications. Please discuss during enrolment. |
📚 Unit Structure
To be awarded the FNS50222 Diploma of Accounting qualification, learners must be deemed competent in 11 units of competency, as specified in the SIT Tourism, Travel and Hospitality Training Package qualification rules, which include:
- Seven (7) Core Units
- Four (4) Elective Units
For more information, visit the official training package details: FNS50222 Diploma of Accounting.
Core Units:
| No. | Unit Code | Unit Title |
|---|---|---|
| 1 | BSBTEC402 | Design and produce complex spreadsheets |
| 2 | FNSACC521 | Provide financial and business performance information |
| 3 | FNSACC522 | Prepare tax documentation for individuals |
| 4 | FNSACC523 | Manage budgets and forecasts |
| 5 | FNSACC524 | Prepare financial reports for corporate entities |
| 6 | FNSACC526 | Implement and maintain internal control procedures |
| 7 | FNSACC527 | Provide management accounting information |
Elective Units:
| No. | Unit Code | Unit Title |
|---|---|---|
| 1 | BSBLDR413 | Lead effective workplace relationships |
| 2 | BSBWHS411 | Implement and monitor WHS policies, procedures and programs |
| 3 | BSBWRT411 | Write complex documents |
| 4 | FNSACC505 | Establish and maintain accounting information systems |
Note: Units marked with an * asterisk have one or more prerequisites.
For detailed information on individual units, please visit the official government website at training.gov.au.
Note: Fees may change during your course of study. AABT College reserves the right to discontinue or alter any course date, tuition or service fee, location, timetable or staffing without prior notice. This will constitute a provider default and all tuition fees will be handled in accordance with AABT College’s Refund Policy. Interest will not be credited to Student Fees or disbursements and therefore no interest will be recovered by students in the event of cancellation. Students must maintain valid Overseas Student Health Care insurance throughout their enrolment.
🎯 Career Opportunities
- Bookkeeper
- Accounts Officer / Accounts Clerk
- BAS Agent (with additional Tax Practitioners Board registration)
- Assistant Accountant
- Accounts Payable/Receivable Coordinator
Note: AABT College does not make any misleading claim, job guarantee, or advertise any specific employment outcome with its courses.
📝 Assessment
This program is delivered under competency-based training which means instead of grading or marks, students are required to demonstrate all the criteria for each unit of competency. Students are marked as “Competent” or “Not yet competent”.
Typical assessment methods will include knowledge questions, case studies, role plays, projects, and skills demonstrations.
📩 How to Apply
To find out the methods of application, please visit our How to Apply page.
If you have any questions regarding the application process or entry requirements, feel free to contact us at admissions@aabt.edu.au.
🎯 Why Study FNS50222 Diploma of Accounting at AABT College?
Industry-Relevant Skills
Learn what employers are looking for with real-world business knowledge that’s immediately applicable.
Practical Training
Build confidence through simulated projects and activities that reflect everyday workplace challenges.
Pathways to Professional Growth
Open doors to future opportunities through hands-on experience and meaningful industry connections.
Student FAQs: Diploma of Accounting at AABT
1. What is the FNS50222 Diploma of Accounting?
A. This diploma provides advanced accounting skills in financial reporting, budget, tax and management of managers – ideal for students with the aim of working in finance or accounting roles.
2. What are the career outcomes after completing this course?
A. You can present roles as assistant accountant, salary manager, CFO or account supervision.
3. Do I need prior qualifications to enrol in this course?
A. Yes, you must have completed the FNS402222 Certificate IV in the accounting and accounting method or must meet the requirements for the input skills in accounting infrastructure.
4. How long does the course take to complete?
A. The course appears to be full -time in 12 months, with flexible study options available for part -time or online students.
5. Is this course suitable for international students?
A. Yes, this cricos-registered course is open to international students and meets student visitor requirements.
6. Can this course help me meet CPA or further study pathways?
A. Yes, it can serve as an upgraded diploma or bachelor’s for accounting, and eventually a route to CPA or CA programs.
7. What software or skills will I learn in this course?
A. You will gain practical experiences with accounting software, plus budgeting, forecasting and financial reporting skills.