Accounting

FNS - Accounting

  

Course
Code
Individual Duration
Cumulative Duration
CRICOS Code
Certificate III in Accounts AdministrationFNS3031520 weeks (2 terms)20 weeks (2 terms)086430M
Certificate IV in AccountingFNS4061540 weeks (4 terms)60 weeks (6 terms)088556C
Diploma of AccountingFNS5021530 weeks (3 terms)90 weeks (9 terms)088363A
Advanced Diploma of AccountingFNS6021530 weeks (3 terms)120  weeks (12 terms)088372M

Vocational Outcomes

Accounting courses offered at Central College are designed to meet FNS Training Package requirements and the industry needs. The courses consist of Course Subjects and Added Value Subjects.

Course Subjects consist of carefully selected core and elective units of competency from the training package that assist students in developing skills and meet the needs of the workplace. Central College students will complete 25% of their course online with Central College Online.

Added Value Subjects are additional non accredited subjects that are designed to support international students in their basic communication and academic language needs.

Added Value Subjects are:

  • Study Ethics
  • Communication Studies
  • IT Skills
  • Australian Studies
  • Business Skills
  • Career Strategies
  • Language Study
  • Research and Development
  • Current Affairs
  • IELTS Reading
  • IELTS Writing
  • IELTS Speaking
  • IELTS Listening
  • Accounting Tutoring

Please note that students are expected to complete all Course Subjects in a course and attend 20 hours per week in order to be able to graduate. 
 

FNS30315 Certificate III in Accounts Administration- 20 weeks (2 Terms)
 

 

Subject CodeSubject NameUnit CodeUnit CompetencyCore/Elective

FNS301

WHS and Business DocumentationBSBWHS201Contribute to health and safety of self and othersCore
  BSBWRT301Write simple documentsCore
FNS302Business CommunicationFNSINC301Work effectively in the financial services industryCore
  BSBCUS301Deliver and monitor a service to customersElective

FNS303

Business TechnologyBSBITU306Design and produce business documentsCore
FNS304Basic Accounting 1FNSACC303Perform financial calculationsCore
  BSBITU304Produce spreadsheetsElective
FNS305

Basic Accounting 2

FNSACC301Process financial transactions and extract interim reportsCore
  FNSACC302Administer subsidiary accounts and ledgersCore
FNS306Process and Administer Payroll and AccountsBSBFIA302Process payrollCore
  FNSACM301Administer financial accountsElective
 Added Value Subjects   


 

 

 FNS40615 Cert IV in Accounting (088556C) - 40 weeks (4 Terms)

 

Subject Code Subject NameUnit CodeUnit CompetencyCore/Elective
FNS305Basic Accounting 2FNSACC301Process financial transactions and extract interim reportsCore
  FNSACC302Administer subsidiary accounts and ledgersCore
FNS401Accounting PrinciplesBSBFIA401Prepare financial reportsCore
FNS402Financial AccountingFNSACC404 Prepare financial statements for non-reporting entitiesCore
 FNS403Accounting for Payroll & payableFNSACM401Evaluate and authorise payment requestsElective
   FNSBKG405 Establish and maintain a payroll systemCore
 FNS404 Office Tax ProceduresFNSACC401 Process business tax requirementsElective
  FNSBKG404 Carry out business activity and instalment activity statement tasksCore
FNS405EthicsFNSINC401Apply principles of professional practice to work in the financial services industryCore
FNS303Business TechnologyBSBITU306Design and produce business documentsCore
FNS406Computerised AccountingFNSACC406 Set up and operated a computerised accounting system Core
FNS407BudgetingFNSACC402Prepare operational budgetsCore
FNS408InventoryFNSACC405Maintain inventory recordsElective
 Added Value Subjects   

FNS50215 Diploma of Accounting -  30 weeks (3 Terms)

 

Subject Code Subject NameUnit CodeUnit CompetencyCore/Elective
FNS501Budget and TaxFNSACC503Manage budgets and forecastsCore
  FNSACC502Prepare legally compliant tax returns for individuals Core
FNS502

Management Accounting

FNSACC507Provide management accounting informationCore
  FNSACC607Evaluate business performanceElective
FNS503

Corporate Accounting

FNSACC504Prepare financial reports for corporate entitiesCore
  BSBITU402Develop and use complex spreadsheetsElective
FNS504Internal control and system designFNSACC506Implement and maintain internal control proceduresCore
  FNSACC505Establish and maintain accounting information systemsElective
FNS505

Costing Information

FNSACC407Produce job costing informationElective
FNS506Forecasts and ProjectionsFNSORG506Prepare financial forecasts and projectionsElective
FNS507Business PerformanceFNSACC501Provide financial and business performance informationCore
 Added Value Subjects   


  

FNS60215 Advanced Diploma of Accounting - 30 weeks (3 Terms)

 

Subject Code Subject NameUnit CodeUnit CompetencyCore/Elective
FNS601Business Economics & StatisticsFNSINC601Apply economic principles to work in the financial services industry Core
  FNSINC602Interpret and use financial statistics and tools  Core
FNS602Corporate FinanceFNSACC609Evaluate financial risk Elective
  FNSRSK602Determine and manage risk exposure strategies Elective 
  FNSACC608Evaluate organisation’s financial performance Elective
FNS603AuditingFNSACC604Monitor corporate governance activities Core
  FNSACC606Conduct internal audit Elective
FNS604Income Tax ApplicationFNSACC601Prepare and administer compliant tax returns for legal entitiesElective
FNS605Budgets and StrategiesFNSORG501Develop and manage a budgetElective
  FNSACC610 Develop and implement financial strategiesElective
FNS606Management and Corporate Finance FNSACC613 Prepare and analyse management accounting  informationElective
  FNSACC614 Prepare complex corporate financial reportElective
FNS607Improvements and SystemsFNSACC605Implement organisational improvement programsElective
  FNSORG602Develop and manage financial systemsElective
 Added Value Subjects