Diploma of Accounting

About this qualification

FNS50222 is the accounting qualification above bookkeeping. The register names the roles: “tax agents, accounts payable and accounts receivable officers, payroll service providers, and employees performing a range of accounting tasks”.

Eleven units, seven core: financial and business performance information, tax documentation for individuals, budgets and forecasts, financial reports for corporate entities, internal control procedures, management accounting information, and complex spreadsheets.

It has real entry requirements. The register requires prior completion of FNSACC321 Process financial transactions and extract interim reports and FNSACC322 Administer subsidiary accounts and ledgers, or equivalents — both of which are core units of FNS40222 Certificate IV in Accounting and Bookkeeping. In practice, the Certificate IV is the way in.

FNSACC522 Prepare tax documentation for individuals is core, and it is the unit that points at tax agent registration — which is granted by the Tax Practitioners Board, not by the training package.

Roles it maps to

Roles described on the national register for FNS50222.

Where it sits

The accounting line, from the accounts desk through to advanced practice.

1. Certificate IIIFNS30322 Accounts Administration
2. Certificate IVFNS40222 Accounting and Bookkeeping
3. Diploma · you are hereFNS50222 Accounting
4. Advanced DiplomaFNS60222 Accounting