Advanced Diploma of Accounting - FNS60217
Quick facts
Student type:
Quick facts
-
Entry score
Not applicable
-
Duration
Full-time 1 year -
Location
Melbourne City -
Fees
Next intake
February, JulyEntry score
IELTS 5.5
Duration
Full-time 1 yearLocation
Melbourne CityFees
AU$22,250 (2022 annual)
Next intake
February, July
Overview
Pursue your career as a tax agent or prepare for further accounting studies by completing advanced subjects 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 advanced diploma, you will undertake structured learning activities and authentic assessments in a largely face-to-face setting. In the latter part of your study 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.
We offer a blended learning model with opportunities for both face-to-face and live online classes. Most of your 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, Chartered Accountants [Australia and New Zealand] and CPA Australia) as well as high-profile industry practitioners from a broad cross-section of small and large organisations.
The Advanced Diploma comprises 14 subjects (3 core and 11 elective subjects).
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 | 099257A |
Choose a program structure
Program code: C6163
National curriculum code: FNS60217
Career
This advanced diploma 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 undergraduate level programs in accounting or other business disciplines.
Those gaining employment at the conclusion of this qualification are likely to work as tax agents or assistant accountants.
Graduates 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.
Course accreditation or membership offered by professional bodies signals to employers the quality and relevance of RMIT's courses and opens up career pathways and networks.
Professional bodies accredit or recognise courses as meeting professional and academic standards deemed to be essential for a new graduate entering into that profession. An accredited course will either enable the graduate to enter directly into a professional qualifications program or provide the graduate with exemptions or credit towards a post university professional qualification.
Membership
Professional bodies or associations are representative organisations of professions that provide membership and other career development support to its members. Many professional bodies offer membership opportunities for students and new graduates with benefits such as career advice, networking within the profession and access to resources not available through the university. The aim of these benefits is to assist with your transition from university into the profession.
Institute of Public Accountants (IPA)
Membership and opportunities
- Graduate eligible for membership category: Graduate
Visit the Institute of Public Accountants website
Chartered Institute of Management Accountants (CIMA)
TAFE programs in accounting satisfy the academic requirements for entry into the CIMA Program.
Membership and opportunities
- Graduate eligible for specified credit in the CIMA program of up to 4 modules
Visit the Chartered Institute of Management Accountants website
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 other institution.
Visit the Entry requirements by country page to find the equivalent to an Australian Year 12.
Equivalent qualifications may also include completion of the RMIT Foundation Studies program or a recognised post-secondary diploma in the relevant discipline with the required grades.
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 (Internet Based Test - IBT): minimum overall score of 50 (with minimum of 5 in Reading, 5 in Listening, 14 in Speaking and 15 in Writing)
- 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 English for Academic Purposes (EAP) Upper Intermediate Certificate at RMIT English Worldwide.
Pathways
This course offers pathways into further study at RMIT
Undertaking a certificate, diploma, advanced diploma or associate degree can help you meet the entry requirements for your preferred degree. These qualifications often provide credit, reducing the duration of your bachelor degree and helping you get the degree you want.
For more information, explore our Pathway finder, or contact Study@RMIT.
Credit and recognition of prior learning
Credit, recognition of prior learning, professional experience and accreditation from a professional body can reduce the duration of your study by acknowledging your earlier, relevant experience. Find out if you might be eligible.
When you successfully complete the Advanced Diploma of Accounting you are guaranteed entry into a range of other RMIT programs. The program you choose determines the amount of credit you will receive.
You will receive 2 semesters of advanced standing (equivalent to 96 credit points) in the following programs:
- Associate Degree in Business – you will receive 1 semester of credit (equivalent to 72 credit points)
- Bachelor of Business – you will receive 4 semesters of credit (equivalent to 192 credit points)
- Bachelor of Business (Accountancy) – you will receive 4 semesters of credit (equivalent to 192 credit points)
- Bachelor of Business (Financial Planning) / Bachelor of Business (Accountancy) – you will receive 3 semesters of credit (equivalent to 156 credit points)
- Bachelor of Business (Economics and Finance) – you will receive 2 semesters of credit (equivalent to 108 credit points)
You will receive 3 semesters of credit (equivalent to 144 credit points) in:
- Bachelor of Business (Blockchain Enabled Business)
- 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)
For more detailed information on the above pathways, please refer to College of Business Vocational Education to Higher Education Advanced Standing.
Alternatively, you may be eligible for entry into other RMIT undergraduate programs.
Fees
Free TAFE for priority courses
The Victorian Government is currently waiving tuition fees for this program for students who meet eligibility requirements for government subsidised places.
JobTrainer courses
JobTrainer is a joint initiative between the Commonwealth and State Government which provides additional funding for free or low-fee (20% of the listed tuition fee) training courses for young people and job seekers. Eligible applicants will be able to access up to one full qualification and one short course or skill set under the JobTrainer fund.
Visit Free TAFE for priority courses for further information on what this means and whether you may be eligible.
If you have any questions you can contact Study@RMIT.
The tuition fees below will apply if you are not receiving a Free TAFE or JobTrainer fee waiver.
2022 fees
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.
- 2022 government subsidised place: AU$7,750* per annum
- 2022 full-fee place: AU$12,250* per annum
*Fees shown are indicative only and subject to change given individual circumstances at the time of enrolment.
Fee finder
Use our fee finder to get an estimate of your fees for this program.
Additional expenses
- Student services and amenities fee (SSAF): AU$315 maximum fee for 2022.
- Other items related to your program, including field trips, textbooks and equipment.
Annual fee adjustment
The student tuition fees as displayed by the fee finder are indicative only and subject to change given individual circumstances at enrolment. Fees are adjusted on an annual basis and these fees should only be used as a guide.
Eligibility Exemption criteria
**The Victorian Government is currently waiving three (3) eligibility criteria around prior qualifications. This means that more people who want to study a vocational education program at RMIT, and who have studied previously, will be able to access a government subsidised place in a program. Find out how to check your eligibility
Defer your payment
The Australian Government provides financial assistance via the VET Student Loans scheme, which allows eligible students in eligible programs to defer payment of their tuition fees, up to the maximum loan amount for their program.
Learn more about fees for vocational study.
Payments and refunds
For information on how to pay your fees or how to apply for a refund, please see Paying your fees and applying for refunds.
VET Student Loans
The Australian Government provides financial assistance via the VET Student Loans scheme, 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 VET Student Loan application is successful, the Australian Government will pay RMIT your tuition fees on your behalf, up to the maximum loan amount for your program.
Your VET Student Loan becomes part of your VETSL debt. You will start repaying your accumulated VETSL 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.
Vet Student Loan cap
If your program is eligible for the VET Student Loan 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 by the due date once you exceed the cap.
It’s easy for you to keep track of your VET Student Loan debt, and you can choose to make upfront payments at any time before the census date.
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 2022 is $315.
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 2022 commencement is AU$22,250.
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.
Applying for refunds
For information on how to apply for a refund as a continuing international student, please see Refunds.