Qualification Outline
21/07/2026 11:46 PM AWST
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Diploma of Accounting
Diploma of Accounting
FNS50217
BDP8
Replaced
Replaced
National Endorsed, State Implementation and Classification
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 3.00 | 04/11/2020 | Current | Transition (Replaced) |
| 2.00 | 06/09/2018 | Replaced | Approved |
| 1.00 | 13/02/2018 | Replaced | Approved |
Description
This qualification reflects professional accounting job roles in financial services and other industries, including tax agents, accounts payable and accounts receivable officers, payroll service providers, and employees performing a range of accounting tasks for organisations in a range of industries. Individuals in these roles apply solutions to a range of often complex problems, and analyse and evaluate information from a variety of sources. They apply initiative to plan, coordinate and evaluate their own work and provide guidance to others within defined guidelines.
Licensing, legislative, regulatory or certification considerations
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 = Eleven (11)6 core units plus
5 elective units , of which:
- up to 5 may be from the elective units listed below
- up to 2 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.
Elective units must be relevant to the work environment and the qualification, maintain the overall integrity of the AQF alignment, and contribute to a valid vocational outcome.
1. Core Units
All six (6) units must be completed
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| BBH73 | FNSACC516 | Implement and maintain internal control procedures | 20 | Unit of competency |
| BBH96 | FNSACC513 | Manage budgets and forecasts | 50 | Unit of competency |
| BBH98 | FNSACC514 | Prepare financial reports for corporate entities | 65 | Unit of competency |
| BBH89 | FNSACC512 | Prepare tax documentation for individuals | 70 | Unit of competency |
| BBH87 | FNSACC511 | Provide financial and business performance information | 50 | Unit of competency |
| BBH81 | FNSACC517 | Provide management accounting information | 60 | Unit of competency |
2. Elective Units
All five (5) units may be chosen from the elective units list.
Please refer to the packaging rules for the full details of available options.
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| AVX7 | FNS50215 | Diploma of Accounting | Qualification |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| BHX1 | FNS50222 | Diploma of Accounting | Qualification |
No information
Entry Requirements
Completion of the FNSSS00014 Accounting Principles Skill Set;
OR
Completion of FNS40217 Certificate IV in Accounting and Bookkeeping or equivalent; or its superseded versions (FNS40215 Certificate IV in Bookkeeping or FNS40615 Certificate IV in Accounting) or their equivalent.