FNS50215 - Diploma of Accounting

Know your financial documents? Get recognised.

Your expertise in preparation of Accounting documents, like managing budgets and forecasts, preparing corporate financial reports, and internal control procedures may have already qualified you to achieve formal recognition.

If you would like to reinforce your employment status, gain certification, or enter the field of Accounting, this qualification gives credit for evaluating business performance, interpreting financial statistics, and applying economic principles.

Organise your financial house in Accounting and watch your projections improve.

See if you’re eligible today with our Free Skills Review.

RPL Cost Traditional study cost Your savings
$1,500* $5,000 $3,500

Want to save a further $300 off this qualification? Contact us today to learn how!

* RPL cost includes all assessment services and issue of your nationally recognised qualification.

Want to know if you’re eligible to obtain this qualification via Skills Recognition & RPL? Then why not start a Free Skills Review, it requires only 3 minutes to complete!

Take the initiative today to determine your eligibility.

Yes. All of our qualifications are issued by RTOs which have been approved by the Australian Skills Quality Authority (ASQA) to deliver nationally recognised qualifications that meet national quality assurance requirements. This means that they are recognised by industry and educational institutions in all Australian states and territories as conforming to the required competency standards.

Yes. Because all of our qualifications are issued by reputable RTOs and contain the nationally recognised training logo, they each verify that a candidate has met the Units of Competency required to work in their industry occupation. These qualifications do not indicate how you have obtained the qualification (i.e. through RPL), and are exactly the same as a qualification received from a training provider through any other means.

Get Qualified Australia allows you up 3 months to complete the RPL process, however the actual duration is dependent on the length of time it takes you to provide your evidence. While this is generally 4 weeks, the quicker you submit your evidence, the sooner the process will be completed.

Once all the required evidence has been submitted and your evidence has been assessed, the RTO will then review and issue your qualification within 2-4 weeks, provided that no further evidence is required. This makes it possible for you to achieve your qualification in as little as 1 month, and up to 3 months.

Requests for extensions beyond the allotted 3 month period will be considered on an individual case basis.

While our Customer Service Agents will determine the best evidence for your portfolio, evidence generally takes the form of:

  • Resume/CV
  • References
  • Performance Appraisals
  • Portfolio/work samples
  • Photographic and video evidence
  • Education, training and qualifications
  • Job Description
  • Policies and Procedures
  • Workplace communication
  • Bookkeeping and financial records

Click here to learn more about the types of evidence you can provide.


The options are really endless. Most people use qualifications to enhance their careers, from achieving a promotion or pay rise, to climbing organisational ranks and getting new job opportunities. In fact, qualifications have shown to increase employability by 11%, and result in promotions 42% of the time.

Other people might use their qualification to improve visa or migration prospects, access postgraduate study, open up their own businesses, meet regulatory requirements, or obtain a licence in their industry or occupation.

Please note that while our qualifications may help you meet minimum licensing requirements, only your state’s relevant licensing authority may issue you your licence. For more information about trades licensing, click here.

Total number of units = 11 

6 core units  plus

5 elective  units


The elective units consist of:

  • 3 from the electives below.


Of the remaining 2 units:

  • up to 2 may be from the electives
  • up to 2 may be from Certificate IV, Diploma or Advanced Diploma in any currently endorsed training package or accredited course.


The elective units chosen must be relevant to the work outcome and meet local industry needs.


Core Units 


Provide financial and business performance information


Prepare tax documentation for individuals**


Manage budgets and forecasts


Prepare financial reports for corporate entities


Implement and maintain internal control procedures


Provide management accounting information


Elective Units 


Prepare financial reports


Develop and use complex spreadsheets


Lead effective workplace relationships


Process financial transactions and extract interim reports


Establish and maintain accounting information systems


Prepare and administer tax documentation for legal entities**


Evaluate business performance


Comply with financial services legislation and industry codes of practice


Apply economic principles to work in the financial services industry


Interpret and use financial statistics and tools


Prepare financial reports to meet statutory requirements


Prepare financial forecasts and projections


Apply legal principles in consumer and contract law***


Apply legal principles in corporations and trusts law***


Apply legal principles in property law***


*Note the following prerequisite unit requirements:


Unit in this qualification

Prerequisite unit

FNSACC504 Prepare financial reports for corporate entities

BSBFIA401 Prepare financial reports

FNSACC301 Process financial transactions and extract interim reports

FNSACC601 Prepare and administer tax documentation for legal entities

FNSACC502 Prepare tax documentation for individuals

FNSACC607 Evaluate business performance

FNSACC501 Provide financial and business performance information


** Units included in the Tax Practitioners Board approved course in Australian taxation law:

FNSSS00003 Taxation law for tax agents Skill Set (Tax documentation) - FNSACC502 and FNSACC601


*** Units included in the Tax Practitioners Board approved course in commercial law: FNSSS00005 Commercial law for tax agent Skill Set


Not Available

Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements. This qualification includes units that comprise an approved Tax Practitioner Board (TPB) course in Australian taxation law and commercial law. Persons seeking registration with the TPB should check current registration requirements with the Board.

Visit Get Qualified Australia’s Trade Licensing page for more information surrounding licensing

  • Australia Institute of Business and Technology  - Provider Code 41138

  • Australian Vocational Learning Centre Pty Ltd  - Provider Code 91683

  • National Training - Provider Code 21792

Did you know that the Australian Qualifications Framework (AQF) perfectly aligns certificate and diploma level qualifications with higher education? This means that it’s now possible to receive exemptions and fast track university degrees using diploma and above level qualifications.

Enrol in one of our qualifications today, and unlock the potential to seek maximum unit exemptions for your desired Graduate Diploma, Bachelor, or Masters Degree in a cost, time and effort-effective way. Speak with one of our Skills Recognition Consultants today or complete our Free Skills Review to discover the highest qualification level you’re eligible for.
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