Qualification Outline

Date retreived
22/07/2026 4:27 AM AWST

Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.

Advanced Diploma of Accounting

Advanced Diploma of Accounting

Qualification
National Code:
FNS60217
State Code:
BDQ1
TGA Status:
Replaced
DTWD Status:
Replaced
National Endorsed, State Implementation and Classification
Field of Education
0801 - Accounting
Original TGA Release Date
13/02/2018
Approved Date
09/05/2018
Stream of Study
Initial Vocational (3100 - 3600)
VET Act Classifier
C
Nominal Hours
765
Duration
1 Semester
Current Release Number
2.00
Current Release Date
06/09/2018
VET Act Conditions
Releases
Release Version Release Date TGA Status DTWD Status
2.00 06/09/2018 Current Transition (Replaced)
1.00 13/02/2018 Replaced Approved
Description

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 but generally well-defined parameters.
Licensing/Regulatory Information
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or 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.

Schedule
Packaging Rules
Total number of units = fourteen (14)
- three (3) core units plus
- eleven (11) elective units

The elective units must be relevant to the work environment and the qualification, maintain the integrity of the AQF alignment, and contribute to a valid industry-supported vocational outcome, and are to be chosen as follows:
- all eleven (11) units may be chosen from the elective units listed below
- up to six (6) units may be from a Certificate IV, Diploma or Advanced Diploma in any currently endorsed training package or accredited course, provided they do not duplicate the outcome of another unit chosen for the qualification.
1. Core Units

All three (3) units must be completed.

State Code National Code Title Hours Type
AUR93 FNSINC601 Apply economic principles to work in the financial services industry 55 Unit of competency
AUP48 FNSINC602 Interpret and use financial statistics and tools 55 Unit of competency
BBH93 FNSACC624 Monitor corporate governance activities 60 Unit of competency
2. Elective Units

All eleven (11) units may be chosen from the elective units list.
Please refer to the packaging rules for the full details of available options.

State Code National Code Title Hours Type
BBH69 FNSINC504 Apply ethical frameworks and principles to make and act upon decisions 35 Unit of competency
AUT46 FNSTPB507 Apply legal principles in commercial law when providing tax (financial) advice services 55 Unit of competency
AUT40 FNSTPB503 Apply legal principles in contract and consumer law 55 Unit of competency
AUT53 FNSTPB504 Apply legal principles in corporations and trust law 60 Unit of competency
AUT43 FNSTPB505 Apply legal principles in property law 60 Unit of competency
AUT48 FNSTPB506 Apply taxation requirements when providing tax (financial) advice services 55 Unit of competency
AUQ22 FNSACC602 Audit and report on financial systems and records 40 Unit of competency
AUR11 FNSFMK505 Comply with financial services regulation and industry codes of practice 40 Unit of competency
AUQ30 FNSACC606 Conduct internal audit 40 Unit of competency
AUS93 FNSRSK602 Determine and manage risk exposure strategies 50 Unit of competency
AUQ23 FNSACC610 Develop and implement financial strategies 55 Unit of competency
AUS52 FNSORG602 Develop and manage financial systems 60 Unit of competency
AUQ18 FNSACC609 Evaluate financial risk 35 Unit of competency
AUQ20 FNSACC608 Evaluate organisation's financial performance 55 Unit of competency
BBH97 FNSINC503 Identify situations requiring complex ethical decision making 35 Unit of competency
AUQ32 FNSACC611 Implement an insolvency program 80 Unit of competency
AUQ29 FNSACC605 Implement organisational improvement programs 40 Unit of competency
AUQ25 FNSACC612 Implement reconstruction plan 80 Unit of competency
AUQ13 FNSACC603 Implement tax plans and evaluate tax obligations 60 Unit of competency
AUQ15 FNSACC601 Prepare and administer tax documentation for legal entities 80 Unit of competency
AUX13 FNSACC613 Prepare and analyse management accounting information 60 Unit of competency
AUQ27 FNSACC614 Prepare complex corporate financial reports 60 Unit of competency
BBH91 FNSACC311 Process financial transactions and extract interim reports 60 Unit of competency
Replaces
State Code National Code Title Type
AWD8 FNS60215 Advanced Diploma of Accounting Qualification
Replaced By
State Code National Code Title Type
BHW9 FNS60222 Advanced Diploma of Accounting Qualification
No information
Entry Requirements

Completion of both FNSSS00014 Accounting Principles Skill Set and FNSSS00015 Advanced Accounting Principles Skill Set;
OR
Completion of FNS50215 Diploma of Accounting;
OR
Completion of FNS50217 Diploma of Accounting.

Traineeships and Apprenticeships
No information