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FNSSS00015 Advanced Accounting Principles Skill Set

Skills for entry to Advanced Diploma of Accounting and beyond

Duration Up to 12 Months
Start Date Anytime - Instant Access
Delivery Online Course
Funding Assistance Available

Essential Skill Set Course For Advanced Diploma Level Study

This skill set is designed for those in accounting job roles who use knowledge of advanced accounting principles to perform a range of management and analytical tasks in a variety of industries.

The units of competency in this skill set provide credit towards FNS50217 Diploma of Accounting.

Completion of this FNSSS00015 Advanced Accounting Principles Skill Set is part of the entry requirements of the FNS60217 Advanced Diploma of Accounting.

Key Benefits

Online Learning Tutorials

Online video tutorials presented by our qualified trainers, available for key learning concepts.

Bookkeeping Experts

Applied Education love Bookkeeping and Accounting, we have been delivering bookkeeping and payroll courses since 1999.

Amazing Support

Accounting is our passion, all our trainers and assessors have qualifications and experience in accounting and education.

Advanced Accounting Principles Skill Set Online Course

Let's take a look at what you are going to learn and the important information to know before you enrol.

We provide you with 12 months to complete the FNSSS00015 Advanced Accounting Principles Skill Set online.

The required study hours associated with this skill set are 560 hours and are based on someone who has little experience in the industry. You are more than welcome to complete your studies as fast as you would like.

Upfront Payment

$1350 RRP $1450

Payment Plans

We understand not everyone has the financial resources upfront to invest in training, so we offer payment plans to get you moving faster towards your future. The Accounting Principles Skill Set is eligible for a 6-month payment plan.

  • An administration fee of $100 is added for this option
  • A $250 deposit is processed at the commencement of the course
  • Remainder is paid over 6 equal monthly instalments
  • All you need is a valid credit or debit card

Concessions on Courses

Concession pricing is available for eligible students as per the Student Handbook. Proof of concession must be provided at the time of enrolment; please contact us to apply for a concession rate when enrolling.

Refund Policy

Refer to the Student Handbook for our refund policy. This course includes a non-refundable administration fee of $250.

FNSSS00015 Online study is a convenient, effective and affordable way to learn when and where you want.

We provide you with the following:

  • Quality materials
  • Videos and webinars
  • Amazing Support from our assessors and student support team
  • Online assessments and exams
  • Student Facebook group

The FNSSS00015 Advanced Accounting Principles Skill Set has been developed to give you flexibility so that you can study at your own pace, in your own time and in your own environment. The best part is, with Applied Education we provide a high level of support for all our students and are here with you in your study journey.

FNSSS00015 Advanced Accounting Principles Skill Set comprise:

  • FNSACC513 Manage budgets and forecasts
  • FNSACC514 Prepare financial reports for corporate entities*
  • FNSACC516 Implement and maintain internal control procedures
  • FNSACC517 Provide management accounting information
  • FNSACC511 Provide financial and business performance information
  • FNSACC512 Prepare tax documentation for individuals

* There are two prerequisites for this unit; BSBFIA401 Prepare financial reports and FNSACC311 Process financial transactions and extract interim reports.

Text books are required to be purchased separately from the publisher. Applied Education students receive a discount when ordering through our supplier, full details are provided with enrolment.


Before starting this course, you will be required to complete a Language, Literacy and Numeracy (LLN) questionnaire. This quick questionnaire is used to determine your LLN skill level so that we can best support you in your studies.

Introductory Requirements & Units

The Introductory Requirements include an Oral Communication Skills Assessment and a Work Health and Safety Assessment.

The Unit assessments and examinations are completed using a variety of methods and are submitted online via our student portal. They are conducted open book from either your home or office, and comprise theoretical and practical exercises.


Tax Practitioners Board Licensing Course units include an exam component, which needs to be independently supervised. Exams are three-hour, open-book assessments comprising of short answer and multiple choice questions, very similar in format to the unit assessments.

Exams must be completed within your course duration period. Prior to your exam, you will need to complete and return the Supervisor Nomination Form to Applied Education detailing your supervisor's information, contact details and the elected date of your assessment.

Exams can be undertaken at any location and time of your choosing, with the only condition being that you have a nominated, independent supervisor present. Your supervisor can be a person of responsibility such as a registered tax agent, member of an accounting professional body, public servant, doctor, nurse, police officer, director etc. who does not have a close personal or professional relationship with you.

If you cannot arrange a supervisor then we offer the following options for conducting your supervised assessment:

Skype Online - Online supervised exam with one of our staff members
Perth Training Centre - Level 1, 524 Hay St, Perth WA 6000
Melbourne Training Centre - Level 10, 440 Collins Street, Melbourne VIC 3000
Sydney Training Centre - Level 14, 275 Alfred St, North Sydney NSW 2060
Brisbane Training Centre - Level 1, 241 Adelaide St, Brisbane QLD 4000
Adelaide Training Centre - Level 3, 97 Pirie St, Adelaide SA 5000

If you require supervision of assessments by Applied Education, additional costs may apply.

Once you have completed the FNSSS00015 Advanced Accounting Principles Skill Set you have the following options:

  • Enrol in the FNS60217 Advanced Diploma of Accounting and only complete 8 units; or
  • Gain credit towards FNS50217 Diploma of Accounting.

To complete all units in this course, you will need:

  • A computer with a reliable internet connection as all data files and learning activities are available via our student platform.
  • Microsoft Word and Excel, or similar, are recommended.

Government Funding Available

Australian Government Older Workers Initiative

The Australian Government, through its Skills and Training Incentive, is providing a 50% co-contribution (up to $2,000 ex GST) towards training to support older Australians with reskilling or upskilling in order to remain in the workforce longer.

You are eligible for the Incentive if you:

  • are over 40 years of age
  • are an Australian citizen or permanent resident
  • are currently employed OR recently unemployed (less than 12 months) and not registered with an Australian Government employment services provider

Find out more about the Program can be found here.

Advanced Accounting Principles Skill Set 1

Free Short Course Bundles Included

Choose 1 FREE Fundamentals bundle or 2 for $295, or all 3 for $495 when you enrol.
Perfect to meet CPE/CPD requirements and upskill.


5 Online Courses
Excel Introductory & Intermediate
Word Introductory & Intermediate
Microsoft Outlook

(Bundle value $495)

Xero & MYOB
Fundamentals (Popular)

3 Online Courses
Certificate in Xero Accounting
Certificate in Xero Payroll
Certificate in MYOB Bookkeeping

(Bundle value $685)


4 Online Courses
Payroll Administration
Salary Packaging

(Bundle value $695)

* If you are applying for funding for this course, there may be restrictions on Free Bundles depending on government funding eligibility requirements.

Student Support - The Applied Education Difference

  • Amazing Support

    Every student receives help getting started
    and can book a welcome call

  • Online Support

    Dedicated Support Team and Ticket Lodgement

  • Facebook & Student Forums

    Dedicated Facebook Study Group and Online Forums

  • Phone Support

    Talk to Assessors & Student Services Team

Accreditation & Industry Partners

As a Registered Training Organisation (ID 52240), we comply with the government’s strict quality and consistency standards. We conduct regular audits to ensure we keep this accreditation and deliver the level of training you deserve.

Nationally Recognised Training - FNSSS00015 Advanced Accounting Principles Skill Set is recognised in all states and territories of Australia.

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Applied Education_MYOB_EducationPartner
icb student membership
Tax and Super Australia Membership
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