FNS60222 – Advanced Diploma of Accounting

FNS60222 – Advanced Diploma of Accounting

 Classroom Based Training
 CRICOS Course Code: 113517J


This qualification reflects the role of individuals working in accounting and seeking professional recognition, including tax agents, accounts managers and business analysts; and to employees performing a range of accounts management tasks for organisations in a range of industries. At this level individuals are expected to apply theoretical and technical skills in a range of situations and to display initiative and judgement in planning activities. They have autonomy in performing complex operations and can be responsible for planning, coordinating and evaluating the work of others within broad parameters.



Career Opportunities

Here are some of the job outcomes you can expect after taking this qualification:

  • Assistant Accountant
  • Accounting Manager


Students who complete this course may wish to continue their education into a range of other Graduate Diploma level qualifications in accounting or financial services.

Further information on this qualification can be found by visiting www.training.gov.au (FNS60222 – Advanced Diploma of Accounting).

 Course Details

Entry Requirements

The following prerequisites must be completed before commencing this qualification (or equivalent)

FNS50222 Diploma of Accounting; or its superseded version FNS50217 Diploma of Accounting or equivalent, provided the listed elective unit BSBTEC402 Design and produce complex spreadsheets (or equivalent) has been completed by those seeking to enrol.


Australian institute of Innovation and Technology has the following entry requirements:

International students must:

  • Be at least 18 years of age and have completed the equivalent of Year 12.
  • Participate in a course entry interview to determine suitability for the course and student needs.
  • Have an IELTS* score of 5.5 (test results must be no more than 2 years old). English language competence can also be demonstrated through documented evidence of any of the following:
  • Educated for 5 years in an English-speaking country, or
  • Completed at least 6 months of a Certificate IV level course in Australian RTO; or
  • sucessful completion of an English Placement Test

*Note that other English language tests such as PTE and TOEFL can be accepted.

If they do not fulfill the requirements for the above English language competency, students may choose to enrol in English Language Intensive Courses for Overseas Students (ELICOS) classes (with any other ELICOS colleges)**. Students are required to provide the results of their ELICOS which are equivalent to IELTS 5.5 to pass the entry requirements for the enrolment.

**Note that the college does not deliver ELICOS.

Unit Outline

This qualification has 3 core units combined with 11 electives, you will be required to complete a total of 14 units.

  • FNSACC634 – Monitor corporate governance activities (Core)
  • FNSINC611 – Apply economic principles to work in the financial services industry (Core)
  • FNSINC612 – Interpret and use financial statistics and tools (Core)
  • FNSACC522 – Prepare tax documentation for individuals (Elective)
  • FNSACC524 – Prepare financial reports for corporate entities (Elective)
  • FNSACC601 – Prepare and administer tax documentation for legal entities (Elective)
  • FNSACC607 – Evaluate business performance (Elective)
  • FNSACC614 – Prepare complex corporate financial reports (Elective)
  • FNSINC513 – Identify and apply complex ethical decision making to workplace situations (Elective)
  • FNSINC514 – Apply ethical frameworks and principles to make and act upon decisions (Elective)
  • FNSFMK515 – Comply with financial services regulation and industry codes of practice (Elective)
  • FNSSAM611 – Monitor performance of financial products and services in meeting client needs (Elective)
  • BSBESB406 – Establish operational strategies and procedures for new business ventures (Elective)
  • BSBFIN601 – Manage organisational finances (Elective)

For additional information regarding the specific units listed please visit www.training.gov.au (FNS60222 – Advanced Diploma of Accounting).

Licensing/Regulatory Information

Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to 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, which are relevant for registration as a tax agent. Persons seeking registration with the TPB should check current registration requirements with the TPB, as registration requirements are reviewed regularly.

LLN & Computer Literacy – Help!

At Australian Institute of Innovation and Technology we understand that not every person learns the same way or at the same pace. That’s why when you do this course with us, we will ensure that we identify and attend to any Language, Literacy or Numeracy short falls you may have. We will also look at your computer skills and literacy and ensure that you are at a level that is suited for the course, and if not, then we will dedicate additional time and effort to bring you up to speed. Before commencing any of our courses you are required to sit an LLN assessment and may be asked about your computer habits and required to complete some foundational computer skills. This is exercise will help us to identify any LLN or computer skill shortages you may have and make sure that we are able to help you to get up to speed.

Learning Support

Time for consultation with trainers/assessors may be allocated in the term timetable in order to allow students to revise their learning or understanding, perform any required tasks, practice their skills, reinforce their knowledge and prepare themselves for the assessments. All students have access to their trainer and coordinator via phone or email during business hours and there is a guarantee of a reply contract within 48 hours. AIIT has a course progress policy which dictates that all students must maintain satisfactory course progress throughout the course. There are intervention strategies in place for students to maintain their satisfactory course progress. Attendance is also monitored every week for each class.

 Credit Transfer

Credit transfer is a formal recognition of previous studies and can help to reduce the duration of your course, as well as fees. You may apply for a credit transfer for a complete unit or modules within a unit. There is no charge to apply for a credit transfer, but you need to let us know that you want to apply for this on your application for enrolment form in the relevant section. You will need to provide a certified copy of your certificate either issued by another education provider or an authenticated VET transcript issued by the USI Registrar.

 International Students


 Ready to start?

Select your Delivery Mode
Classroom Based Training
Duration: 78 weeks
Location: Sydney

*Currently only available for International Students

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