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Pre-Enrolment Information - Diploma of Accounting

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FNS 50204 Diploma of Accounting
Course Code: 062516C

Course description

The course will provide students with practical training in the accounting discipline, leading to careers to work as assistant to accountants, tax clerks, audit clerks.

In this course, students will learn to:
• Process payrolls and business tax requirements
• Prepare financial reports, operational budgets and income tax returns
• Manage budgets and forecasts
• Administer accounts payable
• Establish and maintain accounting information systems
• Implement and maintain internal control procedures
• Monitor corporate governance activities

This Diploma has been developed under the Australian Qualifications Framework and as such it is a government accredited and nationally recognised course.

It will provide students all needed prerequisites to undertake Advanced Diploma of Accounting. It may also assist students in enrolling for undergraduate degrees in accounting in some Australian universities.

The Certified Practicing Accountants of Australia (CPA) generally provide these Diploma holders up to one (1) year credit while enrolling for Certified Public Accountant (CPA) course.

The Diploma of Accounting is a highly valued qualification by the financial services industry, the education and training providers and the wider community within Australia.

The course requires students to complete four (4) core industry units, five (5) prerequisite units, five ( 5) sectoral core units and three ( 3) elective units or, a total of seventeen (17) units.

The main features and requirements of this course are outlined below.

Relevant training package Financial Services-FN S04
NTIS code  
Qualification  
Industry Financial Services Industry
Course aim To provide intermediate level skills in accounting focused to introducing and maintaining accounting systems, reporting on business performance, preparing financial statements, maintaining internal control systems, and preparing management accounting reports.
Duration 58 weeks including 8 weeks break
Entry requirement Literacy and mathematical skills of 12 years of school standards or, equivalent and a minimum of 5.5 in IELTS score, 18 or above in age or FNS 40604 Certificate IV in Financial Services (Accounting)
Qualification recognition

This qualification like other CIBT qualification is based on the principles, guidelines and standards set by the Australian Quality Training Framework ( AQTF). As such it has national recognition.

Under the obligation of mutual recognition CIBT recognises the qualifications delivered by other institutions who are based on the AQTF. So your 'Qualification' or 'Statement of Attainment' from other 'Registered Training Organisation (RTOs)' will be accepted as equivalent attainment or qualification by CIBT.

Intake time CIBT term dates. Four times in a year: January, April, July and September. Contact CIBT for specific information on intake time.
Tuition fee $12,950
Enrolment, materials and support fee $200 Enrolment plus $200 for books, materials and supplies
Health cover

All international students studying in Australia are required to maintain approved health cover as a condition of their Student visa. You need to buy OSHC cover before you come to Australia. You will also need to maintain your OSHC cover throughout your stay and study period in Australia. CIBT assists students in obtaining and maintaining your OSHC Cover. Contact CIBT Student Services Manager for more Information on health cover.

To seek your cover on-line you may go to Medibank Private website at http://www.medibank.com.au. (See Student Prospectus for details)

The health cover cost for you will be as follows:

Period of Cover Single Family
1 month $29.00 $58.00
3 months $87.00 $174.00
6 months $174.00 $348.00
9 months $261.00 $522.00
1 year $348.00 $696.00
2 years $661.20 $1,322.40
3 years $991.80 $1,983.60

These rate continuously changes. Please see http://www.medibank.com.au for recent rates.

Living cost

The average living cost in Sydney (depending on your life style) is likely to be in the following range
Accommodation A$90-100 per week
Phone calls ( including mobiles) A$ 10-30+per week
Food-eating at home A$80-100 per week
Bus and train fares A$20-50 per week
Stationary and photocopying A$15+ per week
Personal items/entertainment A$40 per week
Total A$255-335 per week

(See Student Prospectus for details)

Accommodation CIBT can make guest stay or home stay arrangements through Homestay Worldwide Pty. Ltd, Telephone: 61 2 9544 0126 It may also be able to organise independent apartments through Carnarvon Private Hotel, Telephone: 61 2 9925 0517, or organize a long term rental accommodation through Peter Hill First National, Telephone 61 2 9929 8944
Learning support

CIBT provides learning support in a number of areas including language and numeracy, undertaking assignments.
It provides one-to-one counseling in case of learning difficulties.
It may organise psychological counseling in case of difficulties in adjustment in the Australian learning environment or personal traumas and disappointments.

CIBT can also assist you in organising yourself in Sydney including organizing health cover and finding jobs.

Payment time/
installments
Full amount at the time of registration or two terms advance at a time.
Refund and cancellation policy Enrolment fee and accommodation booking fees are non refundable Any application for refund must be in writing. Tuition fee will be refunded in full if
• CIBT is notified at least 28 days before the commencement date of the course, or
• The candidate is not granted a Student visa. In this instance a rejection letter from the Australian embassy/consulate must accompany the application
• More details on refund policy are provided in the Enrolment Form and Student Prospectus
Course allowances Not available
Career prospect/ Pathway To work as assistant to financial reporter, financial manager, internal controller or, costing officer. To undertake advanced studies including Advanced Diploma in Accounting and Bachelor of Accounting.
Delivery mode Institution based at 116 Pacific Highway, North Sydney, NSW 2060. A combination of lectures, small group discussions, case studies, class exercises, research and others
Learning environment /facilities

Throughout the entire training program students will be provided with appropriate learning materials like lecture notes, power point slides, workbooks, handouts, delivery and assessment plans, reading materials, assessment tasks, computer/internet access and supplies.

The learning environment is supported by needed learning technology, furniture and facilities including appropriate space allowance, lighting and ventilation.

Learning support CIBT provides support to access health cover, accommodation and jobs. It also provides learning support and counselling in undertaking assignments and improving numeracy and language skills.

Assessment methods Assignments, class activities, case studies, simulation computer works, tests, exams and others.
Units covered Four (4) industry core units, Five (5) prerequisite units, five(5) sectoral core units, three (3) elective units, altogether seventeen (17) units.
Course structure The course will be delivered in five terms. Unit details are provided below
More information Detailed information on CIBT's training services and facilities location, and enrolment conditions and procedures are available in this web site.
More information on CIBT's policies and student's obligation can also be obtained from Student Handbook. or by calling 0061 2 99550488 or by e-mailing CIBT information services at info@cibt.nsw.edu.au

 

Unit Details

Code Unit Status
INDUSTRY CORE UNITS    
BSBADM408A Prepare financial reports Prerequisite
BSBCMN308A Maintain financial records Prerequisite
FNSACCT407A Setup and operate computerized accounting system Prerequisite
FNSACC306A Process journal entries Prerequisite
FNSICACC304A Prepare and bank receipt Prerequisite
INDUSTRY CORE UNITS    
FNSICGEN301A Communicate in the workplace Core
FNSICGEN302A Use technology in the workplace Core
FNSICGEN304A Apply health and safety practices in the workplace Core
FNSICIND401A Apply principles of professional practice to work in the financial services industry Core
SECTOR CORE UNITS    
FNSACCT502A Prepare tax returns Core
FNSACCT503A Manage budgets and forecasts Core
FNSACCT504A Prepare financial reports for a reporting entity Core
FNSACCT506A Implement and maintain internal control procedures Core
FNSACCT507A Provide management accounting information Core
ELECTIVE UNITS    
FNSICACC505A Establish and maintain accounting information system Elective
FNSACC604A Monitor corporate governance activities Elective
FNSACC613A Prepare and analyse management accounting information Elective

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