Advanced Diploma of Accounting

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1 of accounting and f inance Advanced Diploma of Accounting FNS60210 FNS60210

2 At Open Colleges, we are passionate about helping people from all walks of life to achieve their aspirations and dreams. For more than 100 years, we have been opening opportunities for people across Australia. Today, Open Colleges is blazing a new trail in online and distance education creating Australia s leaders in next generation learning. Why study with Open Colleges? Freedom study where you want, when you want Our courses and learning materials have been designed specifically for open learning Our trainers are industry professionals with experience in supporting open learning students Our dedicated student support team is there to help you every step of the way Our virtual campus OpenSpace provides you with opportunities to interact with trainers and students Many of our courses are nationally recognised and meet professional licensing or registration requirements

3 of accounting and f inance Advanced Diploma of Accounting FNS60210 Prepare for your move into a senior accountant s role with this highly prized qualification and professional accreditation with the Association of Accounting Technicians Australia. Designed for those with accounting experience who wish to take the next step up the ladder, it has been especially developed as a learning pathway that allows you to enrol into the prerequisite units and Advanced Diploma of Accounting FNS60210 units. Customised for open learning, the course is ideal if you need to fit your studies around your employment. Start anytime, study online or by correspondence and finish in as little as 12 months. The flexibility of the course is matched only by the quality of the learning materials and support, which includes access to the OpenSpace online learning platform. COURSE DETAILS Course number Delivery mode Course duration Assessments Qualification Nationally recognised E0118 Online Maximum 18 months Case studies, financial reports, knowledge tests and accounting projects Advanced Diploma Yes CAREER OUTCOMES > Senior accountant > Accountant > Accounts team manager At the successful completion of your course, you will receive not only your nationally recognised Advanced Diploma of Accounting FNS60210, but credit towards a relevant bachelor degree at the Australian Catholic University should you choose to continue your studies. With the addition of an approved course in Australian tax law and the requisite experience, you could also apply to register as a tax agent.

4 Advanced Diploma of Accounting FNS60210 What you need to know about this course COURSE NUMBER E0118 How is the course delivered? This is an online course. This means that you will complete your knowledge and initial skills development through online learning. What is online learning? OpenSpace is Open Colleges online campus. Through OpenSpace you will: > Access your learning materials and assessments > Undertake and upload assessments > Engage and interact with your trainer > Participate in student forums and find a study buddy > Access your assessment grades and feedback > Access student support services What learning materials are included with this course? The following resources are provided to you via OpenSpace: > Learner workbooks > Video resources and additional readings > Weblinks to relevant articles and activities > Course forums How is the course assessed? During the course, you will undertake: > Case studies > Financial reports > Knowledge tests > Accounting projects What about Recognition of Prior Learning (RPL)? We understand that you may already have many skills and areas of expertise that you have obtained in different ways and these are recognised through our Recognition of Prior Learning (RPL) process. Open Colleges has developed an RPL application kit for this course. The Student Handbook, available on the Open Colleges website, provides more information about our RPL process. Alternatively, you can contact a course and careers advisor to discuss your RPL options. What is the duration of the course? The maximum duration for the course is 18 months. You could complete this course in as little as 6 months if you studied around 12 hours per week. This is a guide only the time taken to complete your course will depend on your level of skill and knowledge. What are the admission requirements for the course? Minimum age requirements You will need to be at least 16 years old. If you are under 18 your enrolment form will need to be signed by a parent or guardian. Education and employment recognition The entry requirement for this qualification is completion of the Diploma in Accounting in the Financial Services Training Package FNS10. or Completion of the Diploma in Accounting in the Financial Services Training Package FNS04. The entry requirement can be met by evidence of equivalent competency to the above units through recognition of prior learning (RPL).

5 Advanced Diploma of Accounting FNS60210 English language requirements This course requires you to read comprehensive learner workbooks, undertake a range of written assessments and engage in online discussion forums. Furthermore, the delivery mode relies on the extensive use of written communication. As such, entry to the course requires English proficiency to Year 10 level or equivalent (a qualification at the Certificate II level or 2 years of work experience in a role that requires the use of written documentation and communication) or the completion of an approved English language test (see website for details). Computing requirements You will need access to a computer and the internet and you must have basic computing skills. Minimum specifications for your computer are: All users: > Microsoft Office 2010 or equivalent > Broadband internet connection > 2GB of RAM > CD-ROM or DVD drive > Adobe Reader XI or equivalent > You will also need access to a phone, printer, photocopier and scanner Specific requirements for Windows users: > Microsoft Windows XP or higher (Windows 7 or higher is recommended) > 1 gigahertz (GHz) or faster processor (2GHz or faster recommended) > Adobe Flash Player 10 or higher Specific requirements for Mac OS users: > Mac OS X v 10.5 or higher (Mac OS X v 10.6 or higher is recommended) > 1 gigahertz (GHz) or faster Intel processor (2GHz or faster recommended) Audio-visual requirements You will need access to a digital video recording device and/or a digital camera and associated software to save and upload video and image files to OpenSpace. Many mobile phones and smartphones include this technology. Students will need access to software to view online videos and images. Software such as Adobe Reader, Windows Media Player, Windows Photo Viewer etc are available as a download from the internet. What support services are available? During your studies with Open Colleges, you will have access to a comprehensive range of support services. These include: Academic support Your experienced trainers are available in OpenSpace to answer any questions you may have regarding the learning materials or assessments. Your course coordinator can also provide you with advice and support regarding the overall course. Student support The student support team is your one-stop service centre for all student administrative issues including enrolment, change of contact details, OpenSpace support, assessment results and certification. You can access the student support team in OpenSpace or by or phone. Learning support The learning support team is a dedicated team of specialists that provide you with a comprehensive induction to studying with Open Colleges as well as specific support if you encounter learning difficulties during your studies. Learning support resources, such as writing guides, are available in OpenSpace. You can access the learning support team via your trainer or the student support team. Peer support As a student of Open Colleges you can also access our study buddy system. This enables you to connect with other Open Colleges students studying your course that live near you. Students find this is a great way to keep motivated and build lasting friendships and networks.

6 Advanced Diploma of Accounting FNS60210 More information? The Student Handbook, available on the Open Colleges website, provides more detailed information on the support services available to students. We recommend that you read the Student Handbook prior to enrolling with us. What will I obtain on completion of the course? Upon successful completion of this course you will receive a nationally recognised Advanced Diploma of Accounting FNS60210 from Open Colleges (Provider Number: 90796). FNS60210 Advanced Diploma of Accounting has been superseded by FNS60215 Advanced Diploma of Accounting on the 25th March Open Colleges will transition to the new qualification in the near future. Articulation pathways Students who successfully complete this Advanced Diploma of Accounting FNS60210 will be eligible for credit towards a relevant bachelor degree at the Australian Catholic University (12 units). Institute of Public Accountants (IPA) membership The Institute of Public Accountants (IPA) is a professional organisation for accountants recognised for their practical, hands-on skills and a broad understanding of the total business environment. IPA is a progressive, responsive accounting body committed to integrity, professionalism and professional development. It represents more than 14,000 members working in industry, commerce, government, academia and private practice Students are eligible for free membership to the IPA Student Register. The register offers access to a wide range of resources that will not only benefit the student s learning experience, but will also provide valuable insight into the financial sector. Benefits of IPA membership for Advanced Diploma students include: > The monthly Directions newsletter specifically for student members, delivered by . > Access to careers workshops and employment advice. > Networking opportunities including IPA social and professional education activities. What funding support options exist? Austudy/Abstudy This course is Austudy/Abstudy approved however you will need to apply directly to Centrelink for information on eligibility. Association of Accounting Technicians Australia (AAT Australia) membership Open Colleges is also proud to be associated with AAT Australia. As an Open Colleges student, you will be provided with a 12-month AAT Australia membership. This provides you with: > Monthly publication News Update. > Services and work aids at discounted cost, including bookkeeping publications, professional indemnity insurance and other useful, cost-effective benefits.

7 Advanced Diploma of Accounting FNS60210 Subject Descriptions NSACC604A Monitor corporate governance activities > Establish corporate governance standards and practices > Identify corporate governance reporting trends > Determine processes for corporate governance adherence > Review corporate governance compliance FNSINC601A Apply economic principles to work in the financial services industry > Identify economic principles and theories related to financial services functions and tasks > Evaluate economic aspects that apply to decision making > Review own work > Maintain a personal understanding of economic policies FNSINC602A Interpret and use financial statistics and tools > Apply statistical methods to work > Source and interpret statistical data > Analyse data using appropriate techniques and tools > Record statistical data analysis results and records FNSACC605A Implement organisational improvement programs > Review programs > Contribute to strategic development > Develop options for improvement > Establish systems to support change FNSACC606A Conduct internal audit > Evaluate information systems > Develop implementation plans > Review resource use > Monitor plans FNSACC601A Prepare complex tax returns > Identify taxation requirements for complex lodgements and returns > Gather and analyse taxation related data > Process data and prepare tax returns and lodgements > Review taxation lodgement compliance FNSACC603A Implement tax plans and evaluate tax compliance > Assess tax liabilities > Optimise tax positions > Establish processes and plans > Evaluate tax policies > Review tax compliance FNSACC614A Prepare complex corporate financial reports > Compile data > Identify appropriate reporting entities > Prepare reports > Analyse reports For full course competency details visit

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9 Studying with Open Colleges Open Colleges provides you with the freedom to study where and when you want. We understand that our students are constantly juggling multiple priorities, so our unique learning approach has been specifically designed to enable you to fit education and training around your lifestyle. After you enrol with Open Colleges you will be provided with access to OpenSpace our cutting edge virtual campus. Here are some of the key features and benefits of OpenSpace: Access Access your learning materials, assessments, videos and additional online resources wherever you have an internet connection. You can also download your study guides, workbooks and assessments so that you can study wherever and whenever it suits you. Support Access the student support team using the online enquiry feature. OpenSpace also provides a detailed searchable database of Frequently Asked Questions, so that we can provide you with 24/7 responses to many of the common queries. You can also contact the student support team by phone on I would like to thank you for allowing me to study with you. This experience has opened my eyes to what I want to do for the rest of my life...i can t wait to receive my certificate! I have had nothing but good experiences with you. Letiesha Laidlaw, Open Colleges Student Connections Connect with your trainers, assessors and other students. You can participate in the lively student forums, link up with a study buddy or engage with your trainer. OpenSpace is also where you will submit your assessments and receive your grades. Knowledge OpenSpace is your link to Gale our extensive online library. Through Gale you will have access to millions of academic, magazine and newspaper articles from around the world.

10 How to Enrol Enrolling with Open Colleges is easy: Enrol online today. Just visit our website, select your course and click Enrol Today OR Enrol by phone. Just call one of our friendly course and careers advisors on Need more information? We appreciate that choosing the right course is important. If you would like to discuss your career or course options, please do not hesitate to call our course and careers team on or with your questions. Are you ready to study online? If you are unsure, you can take our free online learning assessment. See for more information.

11 Our Colleges Our Partners Open College of Accounting and Finance Open College of Aged Care Open College of Animal and Pet Care Open College of Art and Design Open College of Beauty Open College of Business, Management and Marketing Open College of Child Care Open College of Community Services Open College of Counselling and Coaching Open College of Fitness Open College of Health Care Open College of Information Technology Open College of Natural Therapies Open College of Photography Open College of Teaching and Training Open College of Technical Trades and Languages Open College of Tourism and Hospitality Australian College of Journalism College of Fashion Design ICM Training International Child Care College Language Training Institute Melissa Mahoney Legal College National Safety Council of Australia North Coast TAFE For more information call or go to

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