Diploma of Accounting (FNS50215)

Accounting

Course Overview

Our Diploma of Accounting provides opportunities to our students in a dynamic world of business & finance by providing detailed information on emerging topics including accounting, internal controls, taxation, financial tools, analysis of financial statements, budgeting, forecasting and using spreadsheets.

The Diploma of Accounting provides students with skills and knowledge for professional accounting job roles in financial services and other industries.

Students will build and enhance their expertise in advanced concepts in accounting practice, which will allow them to flourish well into the future.

Please refer Pathway & Articulation arrangements on our website on pathways

Delivery mode and location

This qualification is delivered in the classroom at the Islamabad Campus located at:
Plot 359, street 5, I-9/3 Islamabad Capital Territory, 44000

Course Duration

This qualification is delivered over 52 weeks, which consists of 40 weeks of 20 classroom hours per week, and approx. 2 homework hours per week, as well as 12 weeks holidays.

Career Outcomes

Graduates may find employment in a variety of accounting and accounting-support roles or accounting technician positions in all fields of industry and commerce, including financial institutions and other businesses.

Typical responsibilities may include preparing tax returns, maintaining accounting and control systems, recording and compiling summaries of financial transactions for reporting and management and business performance purposes.

Education Pathways

Students may be able to study the Australian FNS60217 Advanced Diploma of Accounting Qualification, as well as other Advanced Diploma qualifications.

Students that Graduate from APiT and are looking for a pathway into Australian Bachelors, may receive advanced standing in a 3-year Australian Accounting Bachelor Program, as well as other Australia Bachelor Degrees.

Please refer to Pathway & Articulation arrangements on our website.

Students should contact each higher education institute to enquire as to the availability of advanced standing.

Course Structure

APiT has selected 6 core units and 5 elective units of competency in consultation with Industry which meet the Training Package requirements of the FNS50215 Diploma of Accounting, to enable you to attain develop sound theoretical Accounting skills and knowledge that increases your future educational and employment opportunities.

Unit Code Unit Name
FNSACC501 Provide financial and business performance information Core
FNSACC507 Provide management accounting information Core
FNSACC506 Implement and maintain internal control procedures Core
FNSACC502 Prepare tax documentation for individuals** Core
FNSACC504* Prepare financial reports for corporate entities Core
FNSACC503 Manage budgets and forecasts Core
BSBFIA401 Prepare financial reports Elective
BSBITU402 Develop and use complex spreadsheets Elective
FNSACC301 Process financial transaction and extract interim reports Elective
FNSINC602 Interpret and use financial statistics and tools Elective
FNSACC614*** Prepare complex corporate financial reports Elective
* BSBFIA401 Prepare financial reports
FNSACC301 Process financial transactions and extract interim reports
** FNSACC504 Prepare financial reports for corporate entities
*** Units included in the Tax Practitioners Board approved course in Australian taxation law:
FNSSS00008 Taxation law for tax agents Skill Set (Tax documentation) – FNSACC502 and FNSACC601

Entry Requirements

Applicants must have satisfactorily completed Year 12 education, or its Pakistani equivalent i.e F.A, F.Sc, D.Com,
DAE, ICS, A Levels etc.

You are required to participate in a Pre-Training Review to assess your English language level and numeracy skills, as well as your suitability for the course. The Pre-Training Review will include:

  • An online Numeracy Test
  • The APIT administered Oxford Placement Test that requires place ment at CEFRT Level B2 (equivalent to IELTS 5.5)
  • An Interview to identify your prior experience, existing knowledge, skills and suitability for the course.*

The Pre-training Review is used to determine the level of additional support and/or reasonable adjustment required for you to successfully complete the course.

Credit Transfer and Recognition of Prior Learning

Students may be granted RPL (Recognition of Prior Learning) or CT (Credit Transfer) if they are able to demonstrate that they have achieved the level of skills and knowledge equivalent to the unit they seek credit for through work experience, through life experiences or similar study at another institution.

Students can apply for credit transfer or RPL at the time of enrolment.

Applicants applying for RPL/CT should submit the RPL/CT application along with their original supporting documents to Student Administration. Where RPL is being applied, the student must submit all relevant evidence of work experience and where learning has occurred.

Training Delivery Arrangements

Classes are held in full time face-to-face sessions in fully equipped classrooms.

Students are provided with material for learning and activities and have access to Australian Pacific Institute of Technology library resources.

All learning material are provided as part of the course material fee.

Assessment Arrangements

Assessment methods used for this qualification provides a range of ways for individuals to demonstrate that they have met the required outcomes including:

  • Projects
  • Presentations
  • Report writing
  • Observations
  • Questioning (oral or written)

Additional Support

All students are provided with a range of learning support options and resources to help them achieve competency in the same way as any other person regardless of whether support services have been required. This may include:

  • Student Counsellor
  • Mentoring from Trainers.
  • Additional classes, tutorials and workshops.
  • Online support and exercises for some courses.
  • Computer and technology support.
  • Referral to external support services.

Australian Pacific Institute of Technology will provide additional support for any students experiencing:

  • Disability and access issues;
  • Language barriers;
  • Language, literacy and numeracy issues;
  • Any other issues that may affect their ability to achieve their training goals.

Where there is perceived difficulty in achieving learning goals, the trainer will discuss these issues with the student.

Costs

APIT offer a competitive package with easy to pay instalments, as well as all learning & activities materials included (no hidden cost).

Course Diploma of Accounting (FNS50215)
Course Duration  12 Months / 52 weeks
Full Tuition Fee PKR 250,000*
*12 Monthly Tuition Instalments PKR 20,833
Learning Resources Fee PKR 25,000 (Non-Refundable)
Enrolment Fee PKR 25,000 (Non-Refundable)

How to Enrol

You can find and fill APiT’s online application form at Application Form. Otherwise please visit APiT’s Islamabad Campus and fill in a hardcopy application form in person.

Contact Details

Please contact our office on +92 51 4859086 or email at info-pakistan@apit.edu.au

Alternatively, please visit our Islamabad Campus at Plot 359, street 5, I-9/3 Islamabad

Important Information

Transition Plan

FNS50215 Diploma of Accounting has been superseded by FNS50217 Diploma of Accounting, which still comprises of 6 core units and 5 electives.

Student enrolling and whom have enrolled into FNS50215 Diploma of Accounting, will need to fully complete the course by 11 February 2020.

Any student who has not completed their course by 11 February 2020 must either transition to the new qualification or withdraw from their course.

We will not be legally permitted to issue the qualification beyond this date.

APiT plans to add FNS50217 Diploma of Accounting qualifications to scope early 2019 and will provide a transition plan to existing students once approved.

All six core units from FNS50215 Diploma of Accounting will be able to be credit-transferred to the new FNS50217 Diploma of Accounting Qualification.

Unfortunately the elective unit FNSACC301 (now FNSACC311) Process financial transactions and extract interim reports, can no longer be transferred as an elective, and has been replaced by a new unit, FNSACC408 Work effectively in the accounting and bookkeeping industry.

Please note that FNSACC301/FNSACC311 is, however, one of two prerequisite units for the core unit FNSACC514 Prepare financial reports for corporate entities. The other prerequisite is BSBFIA401 Prepare financial reports. You will need to have completed both of these prerequisite units to obtain this qualification.

FNS50217 Diploma of Accounting – Course Entry Requirements

In order to transition to, or enrol in, the FNS50217 Diploma of Accounting, there is now a requirement that a student has to have completed the following:

  • FNS40615 Certificate IV in Accounting or equivalent; or
  • FNS40215 Certificate IV in Bookkeeping or equivalent; or
  • Completion of the following six units, or their equivalent, which constitute the requirements for the FNSSS00014 Accounting Principles Skill Set:
    FNSACC311 Process financial transactions and extract interim reports
    FNSACC312 Administer subsidiary accounts and ledgers
    FNSACC408 Work effectively in the accounting and bookkeeping industry
    FNSACC416 Set up and operate a computerised accounting system
    FNSTPB401 Complete business activity and instalment activity statements
    FNSTPB402 Establish and maintain payroll systems;

FNSTPB402 Establish and maintain payroll systems.

These programs have been superseded by FNS50217 – Diploma of Accounting endorsed in February 2018.

APiT plans to commence these qualifications from early 2019 and will provide a transition plan to existing students.

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