South Australian Government Funding for FNS60222 Advanced Diploma of Accounting Trainees

A traineeship is a practical hands-on training program combining paid work with structured training aimed at achieving a nationally recognised qualification. If you would like to do a traineeship and study Accounts Administration, there are Participant Eligibility Criteria in order to receive funding. You must

• reside or work in South Australia;
• be an Australian or New Zealand citizen, or an Australian Permanent Resident or an eligible visa holder (see eligible visas at https://www.skills.sa.gov.au/courses-careers/eligibility-explained);
• be aged 16 years of older; and
• not enrolled in school.

School-enrolled students are subject to separate eligibility criteria.

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 full eligibility refer to: providers.skills.sa.gov.au/Deliver/Student-eligibility-for-subsidised-training

For the trainee:

• Reduced course fee.
• Opportunity to gain a nationally recognised Advanced Diploma qualification.
• Access to book one-on-one support via Skype with a qualified Trainer/Assessor.
• Plan for your future and help your employer develop the skills of their workforce.

For the employer:

• Building a skilled workforce with the latest professional development opportunities.
• Payroll tax exemptions - Wages paid to apprentices and trainees who commence a relevant training contract between 10 November 2020 and 30 June 2022 (inclusive), will receive relief equivalent to a 12 month payroll tax exemption. (source: revenuesa.sa.gov.au)
• The Australian Government provides a number of financial incentives to eligible employers of trainees including the Boosting Apprenticeship Wage Subsidy of up to 50% (to a maximum of $7,00 per quarter) of the gross wage paid. (source: www.australianapprenticeships.gov.au/aus-employer-incentives)

Prior to commencing this qualification an individual must have completed the following qualifications (or equivalent).

• FNS50222 Diploma of Accounting or
• FNS50217 Diploma of Accounting or equivalent, provided the listed elective unit BSBTEC402 Design and produce complex spreadsheets* (or equivalent).

* If you have not completed BSBTEC402, we can still enrol you into the course however, you must complete this unit before starting your advanced diploma units.

FNS60222 Advanced Diploma of Accounting is assessed under the Principles of Competency-based training, students have to demonstrate their ability to do all activities in each Unit of Competency.

If you have completed the entry requirements, FNS50222 Diploma of Accounting (or equivalent), you may only have to complete 8 units.

• FNSACC634 Monitor corporate governance activities
• FNSINC611 Apply economic principles to work in the financial services industry
• FNSINC612 Interpret and use financial statistics and tools
• FNSACC613 Prepare and analyse management accounting information
• FNSACC601 Prepare and administer compliant tax returns for legal entities
• FNSTPB504 Apply legal principles in corporations and trusts law
• FNSTPB505 Apply legal principles in property law
• FNSTPB503 Apply legal principles in contract and consumer law

• FNSACC521 Provide financial and business performance information*
• FNSACC522 Prepare tax documentation for individuals*
• FNSACC523 Manage budgets and forecasts*
• FNSACC524 Prepare financial reports for corporate entities*
• FNSACC526 Implement and maintain internal control procedures*
• FNSACC527 Provide management accounting information*

*Core units of FNS50222 Diploma of Accounting

Course Fees

For South Australia approved trainees the course fees are:

• $1867.50 for non-concession
• $556.10 for concession*

(RRP $2990 for 9 units)

Price will vary depending on Credit Transfer available.
Applied Education sales and discounts do not apply to trainees 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. To discuss Cluster Payment options, please contact Student Support on enrolment.

The maximum duration that you will have to complete FNS60222 Advanced Diploma of Accounting course, will be a the same as the duration of your traineeship contract. There is no minimum time frame, students familiar with bookkeeping and accounting concepts may complete the course much faster.

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.

For all Advanced Diploma 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 $80 for each unit of competency.

We also supply additional learning material including:

• Summary Notes
• Presentations
• Learning Activities
• Video Tutorials covering key learning concepts for unit FNSTPB503
• Free Bundle Bundle
• Tax Summary Guide (available with your IFPA Student Membership)

Online study is a convenient, effective and affordable way to learn when and where you want.

We provide you with the following:

• Quality materials
• Amazing Support from our assessors and student support team
• Online assessments and exams
• Student Facebook group

FNS602222 Advanced 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.

Overview

Your learning journey is about becoming "competent" in the subject matter. Our in house course writers and assessment team all have accounting and bookkeeping experience or are currently working in the industry. With this in mind we try and make the tasks relevant to what you will experience in the real world. The purpose is not to just pass or fail, rather to become competent using these skills which you can then apply in the real world.

Pre-course

Before starting this course, there are two requirements that need to be completed. All individuals seeking access to a subsidised training place in South Australia are required to complete an Upfront Assessment of Needs (UAN) after the Traineeship ID has been approved by Traineeship and Apprenticeship Services.

You will also need 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 comprise theoretical and practical exercises.

Accounting unit assessments use MYOB or Xero (both are supplied).

Exams

Tax Practitioners Board Licensing Course 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 online supervision with one of our staff members via Skype.

To complete all units in this course, you will need:

• A reliable internet connection as all data files and learning activities are available via our student platform.
• Microsoft Word and Excel, or similar, are recommended.

The Advanced Diploma of Accounting can open doors to many different careers in business and finance, including:

• Tax Agent
• Accountants
• Auditor
• Tax Specialist
• Commercial Accountant

Depending on your pathway some of the Advanced Diploma of Accounting units of study may be eligible for credit towards further study and entry towards accounting & finance at university. For university credit contact the applicable university 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.