Advanced Diploma of Accounting - FNS60222
Canberra Institute of Technology (CIT)
Type of institution: TAFE Institute
Level: Vocational Education and Training (VET)
CRICOS: 00001K
This qualification reflects the role of individuals working in accounting and seeking professional recognition, including tax agents, accounts managers and business analysts; and to employees performing a range of accounts management tasks for organisations in a range of industries. At this level individuals are expected to apply theoretical and technical skills in a range of situations and to display initiative and judgement in planning activities. They have autonomy in performing complex operations and can be responsible for planning, coordinating and evaluating the work of others within broad parameters.Licensing, legislative, regulatory or certification considerationsWork 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.
Subjects
- Apply taxation requirements when providing tax (financial) advice services
- Develop and implement financial strategies
- Prepare and administer tax documentation for legal entities
- Interpret and use financial statistics and tools
- Evaluate financial risk
- Implement organisational improvement programs
- Apply legal principles in contract and consumer law
- Apply legal principles in corporations and trust law
- Conduct internal audit
- Develop and manage financial systems
- Apply economic principles to work in the financial services industry
- Evaluate organisation's financial performance
- Implement and maintain internal control procedures
- Monitor corporate governance activities
- Apply ethical frameworks and principles to make and act upon decisions
- Implement reconstruction plan
- Prepare and analyse management accounting information
- Apply legal principles in commercial law when providing tax (financial) advice services
- Provide financial and business performance information
- Implement an insolvency program
- Comply with financial services regulation and industry codes of practice
- Apply legal principles in property law
- Prepare tax documentation for individuals
- Prepare financial reports for corporate entities
- Determine and manage risk exposure strategies
- Prepare complex corporate financial reports
- Audit and report on financial systems and records
- Identify and apply complex ethical decision making to workplace situations
- Implement tax plans and evaluate tax obligations
Standard entry requirements
- Prior to commencing this qualification an individual must have completed the following qualifications (or equivalent).FNS50222 Diploma of Accounting
- Or its superseded version FNS50217 Diploma of Accounting or equivalent, provided the listed elective unit BSBTEC402 Design and produce complex spreadsheets (or equivalent) has been completed by those seeking to enrol.
Study information
| Campus | Fees | Entry | Mid year intake | Attendance |
|---|---|---|---|---|
| CIT Bruce | International: $7,410 | No |
| |
| CIT Bruce | No |
| ||
| CIT Gungahlin | No |
| ||
| CIT Reid | No |
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| CIT Tuggeranong | No |
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