Advanced Diploma of Accounting

Improve your career prospects or help your business.

All businesses – from small owner-operated to large multi-national companies – use the same fundamental principles of accounting. Develop and expand your skills in this field and you will improve your career prospects in any industry.

Cengage Education’s Advanced Diploma in Accounting is ideal for those looking to an executive level career in the accounting profession, or for small and medium business owners needing advanced skills in financial management.

Cost

• Pay upfront
• Monthly Payments

Duration

48 months or 825 study hours

Prerequisites

No previous knowledge or experience is required to take this course.

Assessment details

72 accounting based written assessments
Final examination
Extra learning materials included
Microsoft Excel Proficient User student CD
Information for Decisions textbook
Develop and use complex spreadsheets exercise files CD
Student diary

On completion of your course:

Upon successful completion of your course you will receive a nationally recognised Advanced Diploma of Accounting (FNS60204). Cengage Education is a Registered Training Organisation registered with VETAB (Vocational Education and Training Accreditation Board).

Cengage Education is a Registered Training Organisation registered with VETAB (Vocational Education and Training Accreditation Board).

Subjects You’ll Cover

FNSICGEN301A Communicate in the workplace
Communication within the workplace
Successful communication
Spoken messages and telephone skills
Using appropriate language
Listening and clarifying information

FNSICGEN302A Use technology in the workplace
Maintaining equipment
Selecting and using technology
Organisational requirements
Processing and organising data
Coordinating your tasks

FNSICGEN304A Apply health and safety practices in the workplace
Occupational health and safety legislation
Participating in occupational health and safety
Identifying training needs safety checks
Encouraging contribution

BSBADM404A Develop and use complex spreadsheets
Using meaningful files names
Back-up
Security
Standard formats
Copying and moving data
Inserting and deleting columns and rows
Checking data
Pie charts
Quick charts
Linking workbooks
Data tables
Formulas working with multiple worksheets
Macros
Cell protection

FNSACCT504A Prepare financial reports for a reporting entity
Companies and their formation
Share issues
Debenture issues and redemption
Conversion to a company
Reserves, provisions and income tax
Statement of cash flow
Preparation of financial statements Consolidations

FNSACCT614A Prepare complex corporate financial reports
Company restructuring and share capital alterations
Accounting for goodwill and discount
Business combinations
Consolidated accounts – wholly owned subsidiaries
Consolidated accounts – with minority interest
Joint ventures and investment
Accounting for foreign currency transactions
Company liquidation

FNSACCT503A Manage budgets and forecasts
The principles of budgeting
Budgeting for service businesses
Budgeting for the trading business
Expense budgets
Budgeted profit and loss statements
Performance appraisal
Sales budgets
Expenses budgets

FNSACCT502A Prepare income tax returns
Introduction to income tax law
Assessable income
Lump sum payments for annual leave and long service leave
Exemption income and exemptions for clubs and societies
Allowance deductions
Depreciation
Rebates and tax offsets
Trade stock and completion of the for “I”
Trading stock
Lodgement of income tax returns
Rebates on termination and leave payments
Dependent rebates
Limit on rebates
Partnership
Taxation of minors – Division 6AA
Eligible assessable income of certain professionals

FNSACCT506A Implement and maintain internal control procedures
Corporate governance requirements and internal control
General principles of internal control
Internal control framework
Standards and practices
Objectives of internal control
The mechanics of control
The social structure influence
The implementation and application of internal control procedures
Maintaining a sound system
Monitoring procedures
The role of the internal and external auditor
Not for profit and operational audits

FNSACCT507A Provide management accounting information
Introduction to cost concepts
The manufacturing statement
Recording the cost cycle
Accounting for direct materials
Materials handling and control
Source documentation for purchases, receipts and issues
Materials document flow through the organisation
Accounting for direct labour
Wage systems
Factory payroll records
Labour ledger account
Accounting for manufacturing overhead
Direct and absorption costing
Cost volume profit analysis Methods of job costing
Preparing reports
Performance reports

FNSACCT613A Prepare and analyse management accounting information

Job costing
Activity based costing
Process costing
Operations cost systems
Accounting for joint products and by-products
Standard cost systems
Direct and absorption costing
Cost volume profit analysis
Modern costing techniques for contemporary factory management
Preparing budgeted reports for manufacturing firms

FNSACCT505A Establish and maintain accounting information systems
The nature of an information system
Establishing an accounting information system
Accounting information sub-systems
Establishing the credit purchases system
Establishing the credit sales system
Establishing the cash receipts and payments system
Establishing a payroll system

BSBMGT502A Manage people performance
Manage performance through effective work allocation
The role of the assessment in the role of the performance management process
Keeping performance management and review processes
Performance planning
Conducting performance planning meetings
Implement performance management processes
Using feedback as a mechanism for performance management
Effective performance management follow up

BSBFLM512A Ensure team effectiveness
Leadership styles
Successful leadership
The leader and the people
Types of teams
Functional work teams
Diversity in teams
Barriers to Communication
Conflict resolution

FNSACCT605A Implement organisational improvement programs
Review programs
Contribute to strategic development
Develop options for improvement
Establish systems to support change

FNSACCT604A Monitor corporate governance activities
Research corporate governance reporting trends
Determine processes for corporate governance adherence
Examine corporate governance standards and practices
Review corporate governance compliance

FNSICIND40