Accounting

FNS - Accounting

  

Course
Code
Individual Duration
Cumulative Duration
CRICOS Code
Certificate IV in AccountingFNS406151 year (4 terms)1 year (4 terms)088556C
Diploma of AccountingFNS502151 year (4 terms)2 years (8 terms)088363A
Advanced Diploma of AccountingFNS602151 year (4 terms)3 years(12 terms)088372M

Vocational Outcomes

Accounting courses offered at Central College are designed to meet FNS Financial Services Training Package requirements and the industry needs. 

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 30% of their course online with Central College Online.

 

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

 FNS40615 Cert IV in Accounting (088556C) - 1 year (4 Terms)

 

Subject Code

Subject Name

Unit Code

Unit Competency

Core/Elective

FNS305

Basic Accounting 2

FNSACC301

Process financial transactions and extract interim reports

Core

  

FNSACC302

Administer subsidiary accounts and ledgers

Core

FNS401

Accounting Principles

BSBFIA401

Prepare financial reports

Core

FNS402

Financial Accounting

FNSACC404 

Prepare financial statements for non-reporting entities

Core

 FNS403

Accounting for Payroll & payable

FNSACM401

Evaluate and authorise payment requests

Elective

  

 FNSBKG405 

Establish and maintain a payroll system

Core

 FNS404

 Office Tax Procedures

FNSACC401 

Process business tax requirements

Elective

  

FNSBKG404 

Carry out business activity and instalment activity statement tasks

Core

FNS405

Ethics

FNSINC401

Apply principles of professional practice to work in the financial services industry

Core

FNS303

Business Technology

BSBITU306

Design and produce business documents

Core

FNS406

Computerised Accounting

FNSACC406 

Set up and operated a computerised accounting system 

Core

FNS407

Budgeting

FNSACC402

Prepare operational budgets

Core

FNS408

Inventory

FNSACC405

Maintain inventory records

Elective

FNS50215 Diploma of Accounting -  1 year (4 Terms)

Subject Code

Subject Name

Unit Code

Unit Competency

Core/Elective

FNS501

Taxation

FNSACC502

Prepare legally compliant tax returns for individuals 

Core

FNS502

Management Accounting

FNSACC507

Provide management accounting information

Core

  

FNSACC607

Evaluate business performance

Elective

FNS503A

Corporate Accounting

FNSACC504

Prepare financial reports for corporate entities

Core

 

 

FNSACC503

Manage budgets and forecasts

Core

FNS508

Spreadsheet

BSBITU402

Develop and use complex spreadsheets

Elective

FNS504

Internal Control

FNSACC506

Implement and maintain internal control procedures

Core

FNS509

System Design

FNSACC505

Establish and maintain accounting information systems

Elective

FNS505

Costing Information

FNSACC407

Produce job costing information

Elective

FNS506

Forecasts and Projections

FNSORG506

Prepare financial forecasts and projections

Elective

FNS507

Business Performance

FNSACC501

Provide financial and business performance information

Core

FNS510

Basic Financial Reports

FNSACC301

Process financial transactions and extract interim reports

 

 

 

BSBFIA401

Prepare Financial Reports

 

 

FNS60215 Advanced Diploma of Accounting - 1 year (4 Terms)

Subject Code

Subject Name

Unit Code

Unit Competency

Core/Elective

FNS601

Business Economics & Statistics

FNSINC601

Apply economic principles to work in the financial services industry 

Core

  

FNSINC602

Interpret and use financial statistics and tools  

Core

FNS602

Corporate Finance

FNSACC609

Evaluate financial risk 

Elective

  

FNSRSK602

Determine and manage risk exposure strategies 

Elective

  

FNSACC608

Evaluate organisation’s financial performance 

Elective

FNS603

Auditing

FNSACC604

Monitor corporate governance activities 

Core

  

FNSACC606

Conduct internal audit 

Elective

FNS604

Income Tax Application

FNSACC601

Prepare and administer compliant tax returns for legal entities

Elective

FNS605

Budgets and Strategies

FNSORG501

Develop and manage a budget

Elective

  

FNSACC610 

Develop and implement financial strategies

Elective

FNS606

Management and Corporate Finance 

FNSACC613 

Prepare and analyse management accounting  information

Elective

  

FNSACC614 

Prepare complex corporate financial report

Elective

FNS607

Improvements and Systems

FNSACC605

Implement organisational improvement programs

Elective

  

FNSORG602

Develop and manage financial systems

Elective