Advanced Diploma of Accounting
Quick facts
Student type:
Quick facts
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Entry score
Not applicable
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Duration
Full-time 1 year -
Location
Melbourne City -
Fees
Next intake
February, July Entry score
Not applicable
Duration
Not applicable Location
Not applicable Fees
Not applicable
Next intake
Not applicable
Overview
Pursue your career as a tax agent or prepare for further accounting studies by completing advanced courses in tax, commercial law, financial management, management accounting, company financial accounting, insolvency, and auditing.
Apply your skills and knowledge of financial systems as you undertake a practical placement with an accounting entity.
Details
In this program you will undertake structured learning activities and authentic assessments in a largely face-to-face setting. In the latter part of your program you will then have the opportunity to apply the skills and knowledge acquired to the real-world tasks undertaken as part of an industry-based practical placement.
In addition to the practical placement opportunity, RMIT offers a variety of other learning and teaching approaches including seminars, workshops, presentations, group discussions and project work.
Most of your on-campus, face-to-face learning will take place in RMIT's Swanston Academic Building which features innovative learning spaces interspersed with retail and social spaces resulting in a stimulating environment for students.
Through RMIT University’s online learning portal, myRMIT, you will be able to access online learning resources, collaborate with teachers and fellow students, and access your student email account.
Educational software, the Learning Hub, resources and printers are accessible on campus via the RMIT wireless network using your own laptop, tablet or smart phone or via computer facilities on-campus. You will be able to access the same software from home using myDesktop.
Find out more about student computing at RMIT.
Ongoing assessment throughout the semester includes supervised tests, reports, oral presentations, group projects, and practical assignments.
RMIT University is committed to providing you with an education that strongly links formal learning with professional or vocational practice.
In addition to industry events, industry guest speakers are invited to speak about current issues and will provide you with an experienced perspective on study topics and work-simulated scenarios.
The Industry Advisory Committee includes representatives of major accounting and bookkeeping professional bodies (Association of Accounting Technicians, Institute of Certified Bookkeepers, Institute of Public Accountants and CPA Australia) as well as high-profile industry practitioners from a broad cross-section of small and large organisations.
The Advanced Diploma program comprises 14 units (3 core and 11 elective units).
Major areas of study include:
- Corporate governance
- Commercial law
- Economics
- Financial systems
- Taxation for legal entities
- Auditing
- Financial management
- Insolvency
- Management accounting
- Company financial accounting
*There are entry requirements into this program
Choose a program structure
| Title | Location | Duration | Plan code | CRICOS | ||
|---|---|---|---|---|---|---|
| Advanced Diploma of Accounting | City Campus |
One year full time study
|
One year full time
|
C6163 |
Choose a program structure
Program code: C6163
National curriculum code: FNS60217
Career
This program is designed for those wishing to undertake further studies in accounting, having already completed a Diploma level qualification in this discipline. It extends the skills and knowledge applicable to a number of key accounting specialist job roles and provides the basis for articulation into Bachelor level programs in accounting or other business disciplines.
Those gaining employment at the conclusion of this program are likely to work as tax agents or assistant accountants.
Graduates from the Advanced Diploma of Accounting at RMIT will meet the educational requirements for registration as a Tax agent as prescribed by the Tax Practitioners Board (TPB) under the Tax Agent Services Act (2009).
There are other conditions to be met in order to register as a Tax agent (including a supervised work experience component) and graduates seeking Tax agent registration are urged to check current licensing requirements with the TPB.
Admissions
Successful completion of the RMIT Diploma of Accounting (or equivalent)
OR
Completion of Accounting Principles Skill Set and Advanced Accounting Principles Skill Set
You must have successfully completed the Diploma of Accounting at RMIT University or an equivalent program at another institution which includes completion of the following specific prerequisite units:
- FNSACC502 Prepare tax documentation for individuals
- FNSACC506 Implement and maintain internal control procedures
- FNSACC501 Provide financial and business performance information
- FNSACC504 Prepare financial reports for corporate entities
- FNSACC507 Provide management accounting information.
Entry requirements
To study this program you will need to complete one of the following English proficiency tests:
- IELTS (Academic): minimum overall band of 5.5 (with no individual band below 5.0)
- TOEFL (Paper based): minimum score of 530 (TWE 3.5)
- TOEFL (Internet Based Test - IBT): minimum overall score of 71 (with minimum of 17 in all sections)
- Pearson Test of English (Academic) (PTE A)): minimum score of 42 (with no communication band less than 36)
- Cambridge English: Advanced (CAE): minimum of 162 with no less than 154 in any component
For detailed information on English language requirements and other proficiency tests recognised by RMIT, visit English language requirements and equivalency information.
Don't meet the English language test scores? Complete an Upper Intermediate Certificate at RMIT English Worldwide.
- Cambridge English: Advanced (CAE): minimum of 162 with no less than 154 in any component.
- Cambridge English: Advanced (CAE): minimum of 162 with no less than 154 in any component.
- Cambridge English: Advanced (CAE): minimum of 162 with no less than 154 in any component.
Pathways
Graduates of the RMIT Advanced Diploma of Accounting will be eligible for exemptions from these programs, subject to meeting each program's entry requirements:
- Bachelor of Business (Accountancy)
- Bachelor of Business (Economics and Finance)
- Bachelor of Business (Economics and Finance) (Applied)
- Bachelor of Business (Entrepreneurship)
- Bachelor of Business (Financial Planning)
- Bachelor of Business (Financial Planning)/Bachelor of Business (Accountancy)
- Bachelor of Business (Human Resource Management)
- Bachelor of Business (Information Systems)
- Bachelor of Business (Information Systems) (Applied)
- Bachelor of Business (International Business)
- Bachelor of Business (International Business) (Applied)
- Bachelor of Business (Logistics and Supply Chain Management)
- Bachelor of Business (Logistics and Supply Chain Management) (Applied)
- Bachelor of Business (Management)
- Bachelor of Business (Marketing)
- Bachelor of Business (Marketing) (Applied)
- Bachelor of Business (Professional Accountancy).
When you successfully complete the Advanced Diploma of Accounting you are guaranteed entry into a range of other RMIT programs. The grades you achieve determine the programs you can get into and the amount of credit you will receive.
You will receive 2 semesters of advanced standing (equivalent to 96 credit points) in the Associate Degree in Business.
You will receive 3 semesters of advanced standing (equivalent to 144 credit points) in the following programs:
- Bachelor of Business (Entrepreneurship)
- Bachelor of Business (Financial Planning)
- Bachelor of Business (Human Resource Management)
- Bachelor of Business (Information Systems)
- Bachelor of Business (International Business)
- Bachelor of Business (Logistics and Supply Chain Management)
- Bachelor of Business (Management)
- Bachelor of Business (Marketing)
You will receive 4 semesters of advanced standing (equivalent to 192 credit points) in the Bachelor of Business (Accountancy).
You will receive 2 semesters of advanced standing (equivalent to 120 credit points) in the Bachelor of Business (Economics and Finance).
If you achieve a minimum GPA of 2.0, you will receive 3 semesters of advanced standing (equivalent to 168 credit points) in the following programs:
- Bachelor of Business (Financial Planning) / Bachelor of Business (Accountancy)
- Bachelor of Business (Professional Accountancy)
If you achieve a minimum GPA of 2.0, you will receive 2 semesters of advanced standing (equivalent to 120 credit points) in the following programs:
- Bachelor of Business (Information Systems) (Applied)
- Bachelor of Business (International Business) (Applied)
- Bachelor of Business (Logistics and Supply Chain Management) (Applied)
- Bachelor of Business (Marketing) (Applied)
If you achieve a minimum GPA of 2.0, you will receive 2 semesters of advanced standing (equivalent to 96 credit points) in the Bachelor of Business (Economics and Finance) (Applied).
For more detailed information on the above pathways, please refer to College of Business Vocational Education to Higher Education Advanced Standing.
You may be eligible for entry into other RMIT undergraduate programs.
Fees
The Victorian State Government has announced that from January 2019, that they will waive the tuition fee of 30 priority courses and 18 pre-apprenticeship courses at TAFE institutes, which includes this program.
This fee waiver will only be available for eligible students who will commence one of these qualifications in 2019.
Visit Free TAFE for priority courses for further information on what this means and whether it may affect you.
If you have any questions you can contact our Info Corner team.
The tuition fees you will pay for this program will depend on whether you are offered a Victorian Government subsidised place or a full-fee place. To find out if you are eligible for a government subsidised place, follow the steps at How to check if you are eligible.
- 2019 government subsidised place: AU$6,750* per annum
- 2019 full-fee place: AU$9,750* per annum
*Fees shown are indicative only and subject to change given individual circumstances at the time of enrolment.
Use our fee finder to get an estimate of your fees for this program.
Tuition fees are adjusted on an annual basis and these fees should only be used as a guide. Learn more about fees for vocational study.
VET Student Loans
The Australian Government provides financial assistance via the VET Student Loans scheme (VSL), which allows eligible students in eligible programs to defer payment of their tuition fees, up to the maximum loan amount for their program.
How does a VET Student Loan work?
If your VSL application is successful, the Australian Government will pay RMIT your tuition fees on your behalf, up to the maximum loan amount for your program.
If your program is eligible for the VSL scheme and has a loan cap that doesn’t cover the total amount of the tuition fees for your program, then you’ll need to pay RMIT the difference once you exceed the cap.
Your VET Student Loan becomes part of your Higher Education Loan Program (HELP) debt. You will start repaying your accumulated HELP debt to the Australian Government once you earn above the minimum income threshold for repayment, which is adjusted each year (this also applies if you are still studying).
The Australian Taxation Office (ATO) will calculate your compulsory repayment for the year and include this on your income tax notice.
For more information see VET Student Loans or Study Assist.
In addition to tuition fees, you will be charged an annual student services and amenities fee (SSAF), which is used to maintain and enhance services and amenities that improve your experience as an RMIT student.
The SSAF is calculated based on your enrolment load and the maximum fee for 2019 is $303.
For more information about calculating your actual SSAF see Paying SSAF.
You may also be required to purchase other items related to your program, including field trips, textbooks and equipment. These additional fees and expenses vary from program to program.
The total indicative tuition fee for 2019 commencement is AU$19,250.
In addition to tuition fees you also need to pay for:
- Student services and amenities fee (SSAF) in each calendar year.
- Overseas Student Health Cover (OSHC) - Student visa holders must have cover for the total duration of their visa.
- Some programs incur additional expenses.
You also need to account for your living expenses. Estimate the cost of living in Melbourne.