Diploma & Advanced Diploma of Accounting

FNS50215 Diploma of Accounting

FNS60215 Advanced Diploma of Accounting

 

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

NOTE: This qualification has been superseded by FNS50217 Diploma of Accounting and FNS60217 Advanced Diploma of Accounting, refer to transition plan below.

Course Highlights

Intake

September 2018

Eligibility

For admissions at APIT, applicants must satisfy minimum academic entry requirements i.e successful completion of year 12 or the equivalent level of study i.e FA/F.Sc/A.level/D.Com/I.Com/DAE

Duration

Course duration is 69 weeks; including 5 terms.

Term 1: 11 weeks
Term 2: 11 weeks
Term 3: 11 weeks
Term 4: 11 weeks
Term 5: 15 weeks

There are 10 weeks of holidays in total; 2 weeks between each term.

Who can Join

  • Individuals seeking to pursue a career in accounting
  • Individuals seeking to advance their accounting career
  • Individuals seeking to enter a new industry sector
  • Individuals seeking a pathway to higher education qualifications

Career Outcomes

Graduates find employment in accounting, accounting-support roles or accounting technician positions in industry, including financial institutions, retail stores and other businesses. Preparing tax returns, maintaining accounting and control systems, recording and compiling summaries of financial transactions for reporting and management and business performance purposes.

Enrollment Process

APIT has a 3 stage enrollment entrance process:

  • Successfully complete Language, Literacy and Numeracy (LLN) test with minimum LLN score of Exit Level 4 and issued within the last 12 months from the time of admission.
  • Complete the APIT administered Oxford Placement Test on site. You must achieve a B1 or B2 standing (IELTS equivalence 5.5) and issued within the last 12 months from the time of admission.
  • Pass a Final Entrance Interview.

 

Education Pathways

Students who wish to continue their education into an Australian Accounting Bachelor program, will receive a possible 2nd or 3rd year entrance of a 3-year Australian Bachelor Program. APIT is currently in the process of finalizing pathways with multiple Australian Universities and this will also include distance learning opportunities.

Career Pathways
APIT students will have possible placement opportunities within industry, after completing their Diploma & advanced Diploma Qualifications.

APIT has been working extremely hard in building MOUs with large multinationals, as well as with large governmental organizations.

Our Diplomas offer practical experience, through live simulated environments; this provides our students with real technical skills that have clear relevance to the industry. This means our students will be ready to hit the workforce and become a hot commodity locally as well as Internationally.

In Australia, more people are getting older, which creates opportunities for young people from overseas to fill the gaps and excel in their careers, provided that they have the right skills.A recent survey of employers across Australia describes that diploma studies along with other qualifications open the doors to more job opportunities.

Fee Structure and Course Duration

AssessmentAssessment will commence in the session following learning; delivery will consist of Classroom Face to Face Training and Online. This is a competency-based program, assessment continues throughout the program until the participant either achieves competency in the assessment tasks or a further training need is identified and addressed. The assessment process includes theory,  written tests, projects and practical assessments.

Qualifications to be Awarded
Upon successful completion of this course, Western Polytechnic Pty Ltd (Australia) trading as Australian Pacific Institute of Technology will issue the following recognised qualifications:

1. Diploma of Accounting
2. Advanced Diploma of Accounting

Packaging Details

Diploma of Accounting

Total Number of Units Core Units Elective Units
11 6 5

Advanced Diploma of Accounting

Total Number of Units Core Units Elective Units
14 3 11

Our Location

We are located in the central Islamabad (I9) locality giving great accessibility to students from surrounding areas. With modern, art-deco and ergonomic facilities, APIT provides the most conducive environment promoting the best learning outcomes for our students.

Our Qualified Trainers (Lecturers)

Our Recruitment policy requires all Trainers and Assessors (Lecturers) at Australian Pacific Institute of Technology to undertake the Australian issued TAE40116 Certificate IV in Training and Assessment qualification. This is carried out by a qualified trainer and assessor travelling from Australia, to ensure that our staff are at the highest standard.

Our Trainers and Assessors come with many years of industry experience and exposure to Australian culture. They are also able to interactively engage with students in a relaxed and friendly manner and ensure that accurate technical skills are developed, leaving students confident in their ability to apply them in a professional environment.

Delivery

This program is delivered in a combined classroom and a simulated workplace environment.

  • The Trainer and Assessor may provide additional learning material where gaps are identified in either the participant’s underpinning knowledge or the training resources.
  • Delivery and assessment takes place in English.
  • Simulated businesses utilised for training and assessment are based on Australian Standards and Legislative requirements.

Course Structure

The Diploma of Accounting requires the completion of six (6) core and five (5) elective units. Electives for this qualification have been chosen by Australia Pacific Institute of Technology to ensure that students achieve a broad range of skills and knowledge in accounting.

The Advanced Diploma of Accounting requires the completion of three (3) core and eleven (11) elective units. Electives for this qualification have been chosen by Australian Pacific Institute of Technology to ensure that students achieve a broad range of skills and knowledge in accounting.

Units to be delivered

Unit Code Unit Name
BSBLDR402 Lead effective workplace relationships Elective
FNSACC301 Process financial transaction and extract
interim reports
Elective
BSBFIA401 Prepare financial reports Elective
FNSACC506 Implement and maintain internal control procedures Core
FNSACC502 Prepare tax documentation for individuals** Core
FNSACC502* Prepare financial reports for corporate entities Core
FNSACC505 Establish and maintain accounting
information systems
Elective
FNSACC501 Provide financial and business
performance information Core
Elective
FNSACC507 Provide management accounting information Core
FNSACC503 Manage budgets and forecasts Core
BSBITU402 Develop and use complex spreadsheets Elective
FNSACC613* Prepare and analyze management
accounting information
Elective
FNSACC604 Monitor corporate governance activities Core
FNSACC606 Conduct internal audit Elective Elective
FNSINC601 Apply economic principles to work in the financial
services industry
Core
FNSINC602 Interpret and use financial statistics and tools Core
FNSACC602* Audit and report on financial systems and records Elective
FNSACC605 Implement organizational improvement programs Elective

*Registration, Course Material(Printing and Handouts), Exams, Library, IT Lab, cafe discount, plus affiliated membership discount, English enhancement course.

Fee Structure

Our courses have been priced bearing in mind international standards for the same courses. In turn, we have provided competitive packages, that we acknowledge will still be at the premium end in the Pakistani market. APIT offer quality learning, with reputable learning outcomes, which means APIT students will become brand ambassadors and future leaders .

Course Diploma & Advanced diploma of Accounting
Total Months 18 months
Full Tuition Fee PKR 450,000
Monthly Installment PKR 20,588
First Month Fee PKR 100,000

*Registration, Course Material (Printing and Handouts), Exams, Library, IT Lab, cafe discount, plus affiliated membership discount, English enhancement course.

Important Information

Transition Plan

Every few years the Australian Government reviews and updates training qualifications to ensure they remain current and relevant to industry, or to reflect advances in technology. The latest updates were announced in February this year, and will be fully implemented by early 2019 across all training organisations.
FNS50215 Diploma of Accounting will be replaced by FNS50217 Diploma of Accounting. It will still consist of 14 units, with 3 core units and 11 electives.

FNS60215 Advanced Diploma of Accounting will be replaced by FNS60217 Advanced Diploma of Accounting. It will still consist of 14 units, with 3 core units and 11 electives.

You can still enrol in FNS50215 & FNS60215 as you will be upgraded to the new qualification when it becomes available. There will be no cost to upgrade unless additional prerequisite units need to be completed (i.e. if you do not meet the entry requirements outlined below).

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.

In order to transition to, or enrol in, the FNS60217 Advanced Diploma of Accounting, there is now a requirement that a student has to have completed the following:

  • Completion of FNS50215 Diploma of Accounting; or
  • Completion of FNS50217 Diploma of Accounting.
  • Completion of both FNSSS00014 Accounting Principles Skill Set and FNSSS00015 Advanced Accounting Principles Skill Set.

These programs have been superseded by FNS50217 – Diploma of Accounting and FNS60217 – Advanced 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.

Contact our Student Counselor/Career Advisor for more information or submit inquiry form.

Where success is a tradition

Contact-us
Western Polytechnic Pty Ltd trading as Australian Pacific Institute of Technology