Master of Accounting and Law

Diploma of Accounting + Accounting Principles

  • Australian Accredited Qualification
  • 100% online | Equivalent to on-campus qualifications
  • Overseas students eligible, no visa required

Online Course Information

Do you want to kick start your career in accounting or financial services sooner? Are you a Manager who is struggling to understand the financials of a business to help make crucial decisions for your department? This online accounting course combines the foundation accounting units together with the nationally recognised Diploma of Accounting program to equip you with the knowledge and skills required to get you started!

In this fast-track program, you will learn the core skills and knowledge required to work in accounting at an intermediate-level such as preparing financial reports and tax documentation, and managing budgets and forecasts. You will also learn about management accounting, financial and business performance, financial transactions and internal control procedures. The practical skills you will learn can help you to evaluate, manage and strategise the finances for an organisation to help it acheive its financial goals.

Whether you want to run your own bookkeeping business, aspire to become an accountant one day, or work your way towards a Bachelor of Accounting program, the Diploma of Accounting will open doors and create rewarding opportunities for you. Visit the Dolph business School website to find out more information about the Diploma of Accounting.

Units

Business Accounting Foundations

FNSACC312 Administer subsidiary accounts and ledgers
  • Review accounts receivable requirements
  • Identify bad and doubtful debts
  • Review client compliance with terms and conditions and plan recovery action
  • Prepare reports and file documentation
  • Distribute creditor invoices for authorisation
  • Remit payments to creditors
  • Reconcile outstanding balances

FNSACC408 Work effectively in the accounting and bookkeeping industry
  • Develop professional working relationships
  • Identify compliance requirements and support materials
  • Set up and maintain systems to meet compliance requirements
  • Work autonomously or in a team to complete work activities
  • Develop and maintain own competency

FNSACC416 Set up and operate a computerised accounting system
  • Implement integrated accounting system
  • Process transactions in system
  • Maintain system
  • Produce reports

FNSACC516 Implement and maintain internal control procedures
  • Review corporate governance requirements
  • Implement internal control operating procedures
  • Monitor internal control operating procedures

FNSACC607 Evaluate business performance
  • Analyse trends in performance
  • Develop performance indicators
  • Identify options for improvement

Payroll and Tax Essentials

FNSTPB401 Complete business activity and instalment activity statements
  • Identify compliance and other requirements applicable to business activity
  • Analyse and apply industry codes of conduct associated with work activities
  • Review and apply goods and services tax (GST) implications and code transactions
  • Report on payroll activities and amounts withheld
  • Reconcile and prepare activity statement
  • Lodge activity statement

FNSTPB402 Establish and maintain payroll systems
  • Establish payroll requirements
  • Record payroll data
  • Prepare and process payroll
  • Handle payroll enquiries
  • Maintain payroll

FNSACC512 Prepare tax documentation for individuals
  • Gather client income data and verify client, organisational and legislative requirements
  • Identify, record and present client’s non-complex income tax documentation
  • Manage lodgement of client’s non-complex income tax documentation

Budgets and Financial Tools

FNSACC513 Manage budgets and forecasts
  • Prepare budget
  • Forecast estimates
  • Document budget
  • Monitor budget outcomes

FNSINC602 Interpret and use financial statistics and tools
  • Apply statistical methods to work
  • Source and interpret statistical data
  • Analyse data using appropriate techniques and tools
  • Record statistical data analysis results anda records

FNSORG506 Prepare financial forecasts and projections
  • Plan preparation timetable
  • Identify assumptions and parameters
  • Issue instructions and relevant aids for preparation of forecasts and projections
  • Collect, consolidate, model and analyse data
  • Document results and obtain approval

Reporting

BSBFIA401 Prepare financial reports
  • Maintain asset register
  • Record general journal entries for balance day adjustments
  • Prepare final general ledger accounts
  • Prepare end of period financial reports

FNSACC311 Process financial transactions and extract interim reports
  • Check and verify supporting documentation
  • Prepare and process banking and petty cash documents
  • Prepare and process payable and received invoices
  • Prepare journals
  • Update financial data and systems
  • Prepare deposit facility and lodge flows
  • Finalise trial balance and interim reports

FNSACC511 Provide financial and business performance information
  • Assess client needs
  • Analyse data
  • Prepare and provide financial and performance advice to client

FNSACC514 Prepare financial reports for corporate entities
  • Compile and analyse data
  • Prepare reports

FNSACC517 Provide management accounting information
  • Gather and record operating and cost data
  • Analyse data and assign costs
  • Prepare cost reports and budgets
  • Analyse variances and review costing system integrity

FNSORG505 Prepare financial reports to meet statutory requirements
  • Identify statutory requirements for reports
  • Plan for provision of reports
  • Analyse and consolidate reports
  • Submit reports for authorisation
  • Distribute reports


 

University Pathways

Dolph Business School Certificates and Diplomas courses are nationally recognised qualifications. This means that they are recognised by all Australian Universities for determining your entry eligibility and course credit.

The course credit you are granted will vary depending on the undergraduate degree you choose to undertake, and the grades you attain for your Certificate or Diploma. Most prestigious universities expect you to maintain a 75-80% average to be eligible for course credit towards your bachelor degree and the time and money saved through a transfer of credits can be substantial!

Upon completion of your Certificate or Diploma program at Dolph Business School, should you wish to continue your studies and apply for an undergraduate degree course, our Student & Administration Support team will assist you with your enrolment application, as well as your advanced standing (course credit) application.

Dolph Business has credit agreements in place with several universities across Australia which guarantees students entry and credit transfer upon completion of our certificate and diploma courses, and could take up to a year off your bachelor’s degree! These credit agreements are of great importance as outside of these, there is no guarantee of the amount of credit transfer you will receive.

University Degree Course Credit Approximate Time Saved
Bachelor of Accounting 8 units 1-year
Bachelor of Business 8 units 1-year
Bachelor of Business 8 units 1-year

Duration

Online: You have up to 24-months to complete your course. This is a self-paced, Trainer-supported method of learning. We recommend you spend approximately 10-hours a week reading the course material and completing the assessment tasks given if you are aiming to complete the course within 18-months.

Please note. The above recommended study hours are indicative only. This time would be reduced if you have pre-existing knowledge and experience in accounting and bookkeeping. Dolph Business School is also able to support students who may require additional time.

Entry Requirements

Dolph Business School also requires persons who undertake this course to:

  • Be aged 18 years or over.

Please note. Dolph Business School will engage with persons expressing interest in enrolment to discuss their language, literacy and numeracy skills. Dolph Business School can provide additional learning support to students who require basic assistance. For students who have more fundamental support needs, Dolph Business School can refer these students to a specialist language, literacy and numeracy development provider who can assist students to improve their language, literacy and numeracy skills to enable them to suitably commence the course.

Recognition Of Prior Learning

In accordance with the requirements of the Standards for Registered Training Organisations and the National Code, Dolph Business School provides the opportunity for students to apply to have their prior learning and experience recognised towards an accredited qualification or units of competence for which they are enrolled in.

Local students

You may have obtained relevant skills and knowledge through prior formal training, workplace training or experience and may reduce the number of units or assessments required to be completed during the program. We will gather information about your prior experience and training history to determine the best pathway for you to achieve competency.

If you are interested in this course and believe you may qualify for course credit, come speak to one of our team members today to find out how we can help you!

International students

You may be awarded a unit of competency based on successful completion of the unit which has been previously awarded either by Dolph Business School or by another Australian Registered Training Organisation.

Assessments

We do not believe in our students just learning for the sake of passing their exams. This is why the assessment for this course is conducted using a combination of realistic workplace simulated tasks, projects, knowledge tests, and response to case studies – NO EXAMS! The following provides a brief explanation of the assessment methods that are to be applied:

Written Reports / Case Studies.
The student is required to produce a range of written records or reports based on real workplace scenarios or based on a case study that is provided by the assessor. This will usually require the student to consider carefully the situation presented, undertake some research to inform their response and then to propose their recommended actions. There may be a practical portion for the student to demonstrate a range of skills relevant to the workplace. This could be by way of presentations or role-play activities.

Project Work.
The student is required to undertake a range of projects in the context of his or her own workplace or on a case study that is provided by the assessor. A project will require the creation of various workplace documents (reports, memos, etc.). Projects may have a practical presentation component where the student may be asked to present or role-play the outcomes of their project or research.

Knowledge Tests.
The student is required to participate in knowledge tests over the course of his or her study. The student will be required to individually complete the test. The student may research their answers from the course training materials and notes as well as relevant workplace references.

Payment Options

* Fees for this course is billed prior to the commencement of the course. If you wish to pay for your fees through a payment plan, you will need to make a payment of $375 to confirm your enrolment with the balance to be paid in 10 equal payments of $314.26 over a period of 10-months totalling $3,517.60.

Dolph Business School accepts payment for fees using:

  • Bank transfer
  • Credit / debit card
  • Payment plan via credit / debit card