FNS50215 – Diploma of Accounting

FNS50215 – Diploma of Accounting (Superseded)




Course Description

This course reflects professional accounting job roles in financial services and other industries. Individuals in these roles apply solutions to a range of often complex problems, and analyse and evaluate information from a variety of sources. They apply initiative to plan, coordinate and evaluate their own work and guidance to others within defined guidelines.


Course Structure

The 11 units of competency in this course will be delivered over a period of 78 weeks with 24 weeks holidays, consisting of 2 – 3 days per week of classroom based face-to-face learning (20 hours per week) to ensure full competency.

This is equivalent to 1080 hrs of training over a period of one and half years in 9 terms. Each term consists of 6 weeks.

Following 11 units need to be completed. These include 6 cores and 5 electives as per training package requirements:

Unit Code Unit Name Classification
FNSACC501 Provide financial and business performance information Core
FNSACC502 Prepare tax documentation for individuals Core
FNSACC503 Manage budgets and forecasts Core
FNSACC504 Prepare financial reports for corporate entities Core
FNSACC506 Implement and maintain internal control procedures Core
FNSACC507 Provide management accounting information Core
FNSACC505 Establish and maintain accounting information systems Elective
BSBITU402 Develop and use complex spreadsheets Elective
BSBLDR402 Lead effective workplace relationships Elective
BSBLDR501 Develop and use emotional intelligence Elective
BSBWOR502 Lead and manage team effectiveness Elective


Entry Requirements

Following are the pre-requisites for the core unit ‘FNSACC504 Prepare financial reports for corporate entities’ in this qualification:

The pre-requisites requirements can be met by evidence of equivalent competency through recognition of prior learning (RPL) or statement of attainments or transcript and certificate for FNS40215 – Certificate IV in Accounting or other relevant qualifications with the above-mentioned units.

NCCS other enrolment requirements are following:



Students will be provided with access to the following resources required to complete the qualification successfully upon enrolment:


Assessment Methods

Assessment is structured throughout the course. If students are unable to achieve competency, additional support is provided through mentoring and access to re-assessment as outlined in our policies and procedures. Assessment requires achievement across all tasks to demonstrate competence and may include:


Recognition of Prior Learning (RPL)

Students with prior learning and work experience can apply for RPL. Students who have completed corresponding units of competency and/or units contained within the packaging rules can apply for Credit Transfer. For more information, see our current policies and procedures at www.nccs.edu.au.


Future Pathway

Students who complete this qualification can continue their studies by advancing to the FNS60215 Advanced Diploma of Accounting or any other relevant Advanced Diploma level qualification.

Those who wish to use the skills gained in the qualification in workplace, can find themselves moving into roles such as


Course Fee

$200.00         Enrolment Fee (non-refundable)

$9,000.00      Tuition Fee (Paid over 6 instalments)

$300.00          Material Fee (Paid over 6 instalments)

Other fees may be changed. For more information, see student handbook available at www.nccs.edu.au.


Other Information

Before enrolment, each student should ensure they meet the following requirements:


Copyright © 2018 New Cambridge College Sydney Inc, ABN: 44 928 033 266, RTO No: 91438, CRICOS Provider No: 03015B, Level 3, 770-772 George Street, Sydney NSW 2000. This information is current at the time of publication. For updated information, email us at info@nccs.nsw.edu.au.