South Australian Government Funding for Diploma of Accounting

In order to undertake training through South Australia Training Priority List, prospective students must meet the following eligibility criteria:

• be aged 16 years or over, and no longer at school
• live or work in South Australia
• be an Australian citizen, Australian permanent resident (includes humanitarian entrant), temporary visa holder approved by SA government, or a New Zealand citizen
• Undertake in person all parts of an Upfront Assessment of Need (UAN) process if you want to access a government subsidised qualification, regardless of your prior educational attainment. This is to ensure students get the support they need to successfully complete their training. The UAN is delivered face-to-face at our Adelaide office.

Students are required to complete their course in accordance to an agreed training plan within a specified time.

Student progress will be monitored and reported to the Department for innovation and Skills (DIS). Students who persistently fail to participate in their course without explanation will be reported to the Department for innovation and Skills (DIS).

Students are required to complete a training and employment survey within three months of completing or discontinuing subsidised training.

If you do not meet the eligibility criteria, please click here for full course details  or call us on 1800 678 073 for a consultation with a course adviser.

For more information on eligibility refer to: providers.skills.sa.gov.au/Deliver/Student-eligibility-for-subsidised-training

Prior to enrolling in FNS50222 Diploma of Accounting you must have completed the following units of competency or their equivalents.

1. FNSACC321 Process financial transactions and extract interim reports (equivalent to FNSACC311)
2. FNSACC322 Administer subsidiary accounts and ledgers (equivalent to FNSACC312)
3. FNSACC418 Work effectively in the accounting and bookkeeping industry (equivalent to FNSACC408)
4. FNSACC421 Prepare financial reports (equivalent to BSBFIA401)

These units may have been achieved through completing a prior qualifications including; Accounting Principles Skill Set or Certificate IV in Accounting and Bookkeeping.

If you have no prior qualification, or any old qualification that does not the entry requirements you can enrol directly in our Accounting Pathway course.

Course Fees

Under the South Australia funding, the course fees for FNS50222 Diploma of Accounting are:

• $1,372.50 for non-concession
• $408.70 for concession*

(RRP $2590)

For FNS50222 Diploma of Accounting with tax electives are:

• $1,485 for non-concession
• $442.20 for concession*

(RRP $2890)

Applied Education sales and discounts do not apply to students enrolled via a government funding initiative.

* Proof of concession (a current Commonwealth Government Concession Card) must be provided before enrolling. This is in addition to the eligibility criteria for Traineeships.

Payment Plans

We understand not everyone has the financial resources upfront to invest in training, so we offer flexible payment options to get you moving faster towards your future. We offer a 6-month payment plan for non-concession enrolments

• An administration fee of $100 is added for this option
• All you need is a valid credit or debit card
• Pay a $250 deposit at commencement of course
• Remainder to be paid over six equal monthly instalment

Refund Policy

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

You will have:

12 months to complete Diploma of Accounting
18 months for the Diploma of Accounting with tax electives

There is no minimum time frame, depending on familiarity with accounting concepts students may be able to complete their course sooner than the maximum time frame allowed.

However, this is a guide only. As an online course, the time it will take to complete is flexible and dependent on your ability, knowledge and time available. It is important that you choose a pace that suits your needs.

Diploma of Accounting

For most units, textbooks 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. Total cost for these textbooks is approximately $700 for paperback editions, or $350 for digital editions.

Digital course training manuals (non-printable and non-editable) for units BSBTEC402, FNSPAY515, FNSTPB411, FNSTPB412 are included as part of the course at no additional cost. If required, hard copy manuals can be purchased at additional cost.

Video tutorials
To support your learning, we also provide video tutorials covering key learning concepts for the following units:
BSBTEC402, FNSACC522, FNSTPB411, FNSTPB412, FNSPAY515, FNSTPB503 and FNSTPB504.
With more coming in 2023!

Diploma of Accounting with tax electives

For all units textbooks 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. Total cost for these textbooks is approximately $800 for paperback editions, or $500 for digital editions.

Digital course training manual (non-printable and non-editable) for BSBTEC402 is included as part of the course at no additional cost. If required, a hard copy manual can be purchased at additional cost.

Pre-course

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 via our online student portal. They are open book, from either your home, office or classroom, and include multiple choice quizzes, short answer, calculations and exams.

Accounting unit assessments use MYOB Student version or Xero (both are supplied). For accounting software assessments simply upload copies of reports as PDFs from within your accounting package.

Exams

Some 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 2, 70 Hindmarsh Sq, Adelaide SA 5000

If you require supervision of an assessment by Applied Education, additional costs may apply. Refer to Student Handbook.

FNS50222 Diploma of Accounting 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 FNS50222 Diploma of Accounting 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.

Depending on the course you choose and credit transfer, you will need:

• A reliable internet connection as all data files and learning activities are available via our Student Platform.
• Microsoft Word and Excel.
• A computer with a Microsoft Windows operating system^#, is need to complete the prerequisite unit FNSACC321.

^#Mac Users, Tablets and MYOB

MYOB software cannot be downloaded to tablets including Chromebooks and since 2020, and is not compatible with Apple’s operating system. If you only have access to a Mac computer, we recommend you first confirm if the following options are feasible on your computer:

• purchase and install on your mac a windows emulator such as "parallels" to run windows on a Mac at your own cost; or
• use the free inbuilt Mac Boot Camp Assistant on your Mac computer and purchase a Windows OS software licence.

Note: Applied Education and MYOB are unable to support issues relating to a Mac computer.

Units using Accounting software

• We will provide links and instructions to access MYOB Student Edition Software and Xero Demo Company.
• MYOB is used to complete FNSACC321.
• Xero is used to complete FNSACC322.
• FNSTPB411 and FNSTPB412 has course material and assessments in both Xero and MYOB. Students can choose which accounting software they would like to use to complete these units.

The Diploma of Accounting online course can open doors to many different careers in business and finance, including:
Bookkeeper
Tax Agent
Finance Manager
Payroll Officer
Accountant
Auditor
Tax Specialist
Accounting Clerk

If you enrol in the Diploma of Accounting with Tax electives you will meet the education requirements to become a Tax Agent.

On completion of the Diploma of Accounting you will meet the entry requirements to FNS60222 Advanced Diploma of Accounting.

Depending on the university that you would like to attend, you may be eligible for credit towards entry to accounting & finance degrees.

For Curtin University, in WA, on successful completion of FNS50222 Diploma of Accounting you can receive up to 125 credit points for admission into the Bachelor of Commerce. More information is available on the Curtin Search for CRL website (by selecting ‘TAFE – Any Australian TAFE’ in Q3 of the filter).

For other universities, contact the university directly to discuss entry requirements.

At Applied Education, we believe in equipping our students with the tools they need to succeed. That's why we're proud to offer a complimentary Office 365 A1 subscription to all of our students. This includes web access to Microsoft's top applications like Outlook, Word, PowerPoint, Excel, and OneNote, as well as your very own student email address. Not only will you be able to create and collaborate on amazing content with the 365 Office app, but your student email address also comes with exclusive discounts and special student pricing at many popular businesses and online stores. Start taking advantage of this as soon as you enrol.