- Living in QLD? Government funding may be available for you. Flexible payment plans available for other states. Enquire for more information
Course Overview
Accounting is much more than simply crunching numbers. It involves interpreting financial information to allow informed decisions about small, medium and large businesses. You will become a financial ‘mechanic’ able to diagnose financial issues within a business, and fix them. Have you heard the famous saying, “knowledge is power”? We suggest financial knowledge takes you one step further.
Monarch Institute is one of very few registered training organisations (RTOs) to offer the TPB (Tax Practitioners Board) approved courses required to become a registered BAS agent or a registered tax agent. We’re also included in a very select few accredited training providers listed by the world’s largest bookkeeping institute, the Institute of Certified Bookkeepers. In other words, they’re fit for what the industry is looking for.
Courses are delivered by skilled professionals, senior CPA and chartered accountants, registered BAS agents and bookkeepers. They have decades of combined experience across an extensive range of industries.
Job Outcomes
Potential career outcomes could include:
- Registered Tax Agent
- Budget Analyst
- Financial Analyst
- Accounting Manager
- Financial Controller
- Forensic Accountant
- Management Accountant
- Financial Accountant
- Auditor
- Government accountant
- Chief Financial Officer (CFO)
Recognition
Study Method
- OnlineOnline delivery - online course content with the exception of assessments and work placement
- BlendedBlended delivery - both online course content and partial face to face requirements
- In-classIn class delivery - predominately face to face course content conducted at a specific location
- VirtualVirtual Delivery - Live and interactive classroom-style learning conducted completely online
Duration Study Load
12 months self-paced.
Delivery
This course has been developed to give you absolute flexibility. Study on your couch, on public transport, on your break at work, out in the park – wherever and whenever you like. The best part is, with Monarch Institute, online doesn’t mean alone. You’ll be backed by our trainers at every step along the way.
Your trainer will be happy to contact you via phone, Skype, Zoom, TeamViewer, or email (Monday to Friday, 9am to 5.30pm). So you definitely won’t feel alone. You’ll also have access to our student Facebook groups, so you can discuss the material with other students. It’s a handy way to stay in touch with trainers and others in the same course.
Entry Requirements
To start the Diploma of Accounting, you’ll need to have either a Certificate IV in accounting or a bookkeeping OR the FNSSS00014 Accounting Principles Skill Set which includes the following units:
- FNSACC311 Process financial transactions and extract interim reports
- FNSACC312 Administer subsidiary accounts and ledgers
- FNSACC416 Set up and operate a computerised accounting system
- FNSTPB402 Establish and maintain payroll systems
- FNSTPB401 Complete business activity and instalment activity statements
- FNSACC408 Work effectively in the accounting and bookkeeping industry
Course Features
Online Study (Self-Paced):
- Easy-to-follow course materials (we’ll also post you textbooks)
- Videos and webinars
- Heaps of support from your course trainers (phone, email, Skype, Zoom)
- A dedicated admin team on hand to guide you
- Online assessments
- Student Facebook group
Recognition Of Prior Learning
Monarch Institute recognises Recognition of Prior Learning (RPL) which takes into account the knowledge and skills you have already gained through your previous education and work history, attributing this to your FNS50217 Diploma of Accounting These may be through formal or informal training and can result in credits towards your qualification. We also offer Credit Transfer (CT).
Assessment
Assessment formats include:
- Case studies
- Multiple-choice questions
- Short-answer questions
- Calculation questions
- Accounting software-simulation questions
For Tax Agent Certification you will have to complete an exam
The Tax Practitioners Board (TPB) requires the Tax Agent Certification (TAC) Module to be completed via two two-hour open book exams.
The first exam covers Australian tax law. The second exam covers Australian commercial law. The exams do not need to be completed at the same time, in fact it is suggested they are not.
Materials
You will need access to the following equipment to successfully complete the course:
- Working computer with Microsoft Office (2009 or later)
- Access to the internet
Subjects
About Monarch Institute
Monarch Institute is one of Australia’s leading providers of professional services training. We believe education should be an experience, not a transaction.Our award-winning, innovative approach to course content and design means that you get relevant, accredited courses with loads of support from experienced trainers who give you the time to ensure you’ve got the skills that the industry needs. Study online today with Monarch and change the way you think about studying.Study online with Monarch Institute and experience education, reimagined.
