Course Information

(This course has been superseded by a new training package, last intake April 2018)

Qualification Name Advanced Diploma of Accounting
Qualification Code FNS60215
CRICOS Code 088157G
Tuition Duration in weeks (104) 72 Weeks Tuition plus 32 Weeks Holiday
Tuition Fee $16800

Course Description:

This qualification is designed to reflect the role of individuals working in accounting and seeking professional identification. 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 but generally well-defined parameters.


Course outcomes:

This qualification is designed to reflect the role of employees who perform duties such as:

  • Introducing and maintaining accounting systems
  • Maintaining internal control systems
  • Preparing financial statements for a reporting entity
  • Preparing tax returns
  • Reporting on business performance
  • Managing small teams
  • Developing business plans
  • Preparing accounting reports for management
  • Conducting internal audit
  • Interpreting and using financial statistics and tools

Admission Criteria:

All students must be aged 18 or above and have satisfactorily completed Australian Year 12 or overseas equivalent school qualifications

Students must also meet IIBIT’s standards for English Proficiency. In order to demonstrate possession of adequate English language proficiency, students must provide valid evidence of attainment of at least one of the following:

  • Academic IELTS (International English Language Testing System) overall band score: 5.5
  • TOEFL iBT (Test of English as a Foreign Language Internet-Based test) test score band: 46
  • PTE Academic (Pearson Test of English) test score band: 42
  • CAE (Cambridge English Advanced) test score band: 47
  • OET (Occupational English Test) test score band: Pass
  • TOEFL PBT (Test of English as a Foreign Language Paper-Based Test) test score band: 527
  • An overseas student who has studied in Australia for at least 12 months will be deemed to have required level of language proficiency provided the application is accompanied by proof that he/she has duly completed Certificate IV.
  • Overseas students who are unable to meet any of the above English language proficiency requirements may undertake further study on a NEAS-approved course of English for Academic Purposes designed to raise students English proficiency to an equivalent level to IELTS 5.5. Production of proof of successful completion of such a course will be accepted by IIBIT as meeting the English language proficiency admission requirement.
  • For students who do not have an IELTS Test score or equivalent test score, they can take an English Placement Test to assess whether their English level can meet the requirements of entry into the Diploma course.

Preferred Pathways:

Pathways into the qualification

Preferred pathway for the candidates considering this qualification include:

FNS50215 - Diploma of Accounting.

Pathways from the qualification

After achieving the qualification, students can gain a pathway to progress or Higher Education.


Teaching and Assessment Methods:

Teaching methods focus on classroom based face-to-face training, which includes lectures and practical tutorials. Classes are small in size and lecturers focus on individual student needs during the learning process.

The emphasis in assessment is on collection of evidence, holistic assessment against the unit of competency and trainer/assessor judgment. Importance is placed on the integration of areas of theoretical knowledge, practical skills and proper work attitudes.

The following assessment methods are used:

  • Written examinations
  • Written and oral quizzes
  • Simulated workplace activities/scenarios/role plays
  • Projects/assignments/presentations
  • Classroom activities
  • Learning and assessment generally take place in an integrated classroom and simulated workplace environment.

Qualification Structure:

14 competency units are required to attain FNS60215 Advanced Diploma of Accounting

3 Core units plus

11 Elective units

We aim to equip our graduates with the necessary skills and knowledge to enable them to successfully satisfy the demands of the workplace.

Unit Code Unit Name Face-to-face Online Studies Self-paced
FNSACC301 Process financial transactions and extract interim reports  75 25 50
BSBFIA401 Prepare financial reports  60 20 40
FNSACC503 Manage budgets and forecasts  60 20 40
FNSACC507 Provide management accounting information  75 25 50
FNSBKG404 Carry out business activity and installment activity statement tasks  135 45 90
FNSACC502 Prepare tax documentation for individuals  60 20 40
FNSACC506 Implement and maintain internal control procedures 

75 25 50
FNSINC601 Apply economic principle to work in the financial services industry  75 25 50
FNSINC602 Interpret and use financial statistics and tools  75 25 50
FNSACC501 Provide financial and business performance information  60 20 40
FNSACC504 Prepare financial reports for corporate entities  75 25 50
FNSACC604 Monitor corporate governance activities  60 20 40
FNSACC606 Conduct internal audit  60 20 40
FNSACC613 Prepare and analyse management accounting information  75 25 50
Total of hours 1080 360 720

Sample Timetable

Time Monday Tuesday Wednesday Thursday Friday
Morning Session
08:30 am - 10:30 am Session 1 Session 1 Self Study
10:30 am - 10:45 am  Break  Break  Self Study
10:45 am - 12:45 pm  Session 2  Session 2  Self Study
12:45 pm - 01:15 pm Lunch Lunch  Self Study
01:15 pm - 03:15 pm  Session 3  Session 3
03:15 pm - 03:30 pm  Break  Break
03:30 pm - 05:00 pm Session 4 Session 4
Evening Session
05:00 pm - 07:00 pm Session 1 Session 1 Session 1 Session 1  Self Study
07:00 pm - 07:15 pm  Break  Break  Break  Break
07:15 pm - 09:15 pm  Session 2  Session 2  Session 2  Session 2 (Finish 08:15 pm)  Self Study

Delivery Locations