Qualification Outline
21/07/2026 11:11 PM AWST
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Advanced Diploma of Accounting
Advanced Diploma of Accounting
FNS60210
S735
Replaced
Replaced
National Endorsed, State Implementation and Classification
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 3.00 | 07/03/2012 | Current | Approved |
Description
This qualification is designed to reflect the role of individuals working in accounting and seeking professional identification.
NOTE: Work functions in this occupational area are subject to regulatory requirements. You should refer to the IBSA website (www.ibsa.org.au under Training Packages/Industry) for specific guidance on requirements.
Schedule
Packaging Rules
Total number of units = 83 core unitsplus
5 elective units
The elective units consist of:
3 from the elective units listed below
of the remaining 2 units:
up to 2 may be from the elective units listed below
up to 2 may be from Diploma or Advanced Diploma in any currently endorsed Training Package or accredited course.
The elective units chosen must be relevant to the work outcome and meet local industry needs.
Core Units
FNSACC604A Monitor corporate governance activities
FNSINC601A Apply economic principles to work in the financial services industry
FNSINC602A Interpret and use financial statistics and tools
Elective Units
FNSACC601B Prepare and administer compliant tax returns for legal entities
FNSACC602A Audit and report on financial systems and records
FNSACC603A Implement tax plans and evaluate tax compliance
FNSACC605A Implement organisational improvement programs
FNSACC606A Conduct internal audit
FNSACC608A Evaluate organisation’s financial performance
FNSACC609A Evaluate financial risk
FNSACC610A Develop and implement financial strategies
FNSACC611A Implement an insolvency program
FNSACC612A Implement reconstruction plan
FNSACC613A Prepare and analyse management accounting information
FNSACC614A Prepare complex corporate financial reports
FNSFMK505A Comply with financial services legislation and industry codes of practice
FNSORG602A Develop and manage financial systems
FNSRSK602A Determine and manage risk exposure strategies
FNSTPB501A Apply legal principles in corporations and trusts law
FNSTPB502A Apply legal principles in commercial and property law
1. Core Units
All three (3) units must be completed.
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| D4171 | FNSINC601A | Apply economic principles to work in the financial services industry | 55 | Unit of competency |
| D4172 | FNSINC602A | Interpret and use financial statistics and tools | 55 | Unit of competency |
| D4049 | FNSACC604A | Monitor corporate governance activities | 60 | Unit of competency |
2. Elective Units
At least three (3) of the five (5) units required to be chosen from the elective units listed.
Please refer to the packaging rules for the full details of available options.
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| C718 | FNS60204 | Advanced Diploma of Accounting | Qualification |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| AWD8 | FNS60215 | Advanced Diploma of Accounting | Qualification |
No information
Entry Requirements
The entry requirement for this qualification is completion of the Diploma in Accounting in the Financial Services Training Package FNS10.
or
Completion of the Diploma in Accounting in the Financial Services Training Package FNS04.
The entry requirement can be met by evidence of equivalent competency to the above units through recognition of prior learning (RPL).
Traineeships and Apprenticeships