Accounting and Bookkeeping

Accounting Principles Skill Set

FNSSS00014

  • Duration: Up to ten months

  • Price: $1,924 up front | $88.80 per week (payment plan)

  • How it works: Study online. With a difference.

  • Start date: Immediately, or whenever you're ready.

  • Entry requirements: RPL available | Some equipment needed

  • Qualification Type: Skill Set

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Completion of your Accounting Principles Skills Set may provide a pathway to becoming a registered BAS agent.

Enrol Now

Completion of your Accounting Principles Skills Set may provide a pathway to becoming a registered BAS agent.

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  • Pathway to full accounting qualifications

  • Nationally recognised

Course Summary

Completion of your Accounting Principles Skills Set may provide a pathway to becoming a registered BAS agent. Monarch Institute's courses are 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.

Study accounting or bookkeeping with us and you’ll get practical training that makes use of industry leading software. It’s all about making you job-ready from the moment you graduate.

Accounting is an industry that’s enjoying considerable growth and, upon completion of this course, it’s one that will open up a variety of career paths.


Completing a full Diploma in Accounting can open up opportunities such as:

 

  • Registered tax agent

  • Budget analyst

  • Financial analyst

  • Accounting manager

  • Financial controller

  • Forensic accountant

  • Management accountant

  • Financial accountant

  • Auditor

  • Government accountant

  • Chief Financial Officer (CFO)


Your career potential may open up further as you pursue higher level qualifications.

This course is designed to be completed within 10 months.

Students who are highly motivated and well organised can complete the full course at an accelerated pace.

The key factors that influence course completion are a student’s experience, time availability, how fast they work and how committed they are!

Study online. With a difference.

You’ll get:

  • Easy-to-follow course materials

  • Videos and webinars

  • Heaps of support from your course trainers (phone, email, Zoom, TeamViewer)

  • A dedicated admin team on hand to guide you

  • Online assessments

  • Student Facebook group


How does it work?

This skill set 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.


What support will I get?

Your trainer will be happy to contact you via phone, 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.

Assessment formats include:

  • Multiple-choice questions

  • Short-answer questions

  • Workplace scenarios

  • Calculation questions

  • Role-plays -video self-recording and upload of the file

  • Accounting software exercises

  • TPB required assessments (see below)


Supervised Assessments

The Tax Practitioners Board (TPB) requires supervision arrangements for a portion of the assessments in the following units:

  • FNSTPB411 Complete business activity and instalment activity statements

  • FNSTPB412 Establish and maintain payroll systems

This supervision is provided by Monarch Institute as part of your course fee. We do not charge any additional supervision fees.

These 2 units contain 3 supervised assessments which include multiple choice questions and short answer or calculation questions. Each assessment is open book and you have up to 3 hours to complete each assessment.

Supervision for assessments can be booked as a scheduled Zoom session with Monarch invigilators once you commence your course. You will need a webcam on your device, as well as internet access.

IMPORTANT: Further requirements for becoming a registered BAS agent

Immediately, or whenever you're ready. Get in touch about enrolling

 

 

"The course is clear and concise, well structured and easy to follow. Support from the staff was beyond compare, all emails were answered within one business day and no questions was too silly to ask."

- Ruthie V, Accounting Student

 

 

Entry Requirements

There aren’t any formal prerequisites. But to make sure you get the most out of training with us, the following enrolment process applies:

Once we receive your enrolment, our friendly course consultants will touch base to undertake a pre-training review to ensure the training is right for you.

For students without an equal or higher level qualification, there’s a short language, literacy and numeracy quiz you complete online.

We may be able to take into account relevant knowledge and skills you’ve gained through previous formal or informal training, education and employment. To find out if you are eligible for recognition of prior learning, email your resume and academic transcripts to info@monarch.edu.au and one of our Course Consultants will be in touch.

You will need access to the following equipment to successfully complete the course:

  • Working computer with Microsoft Office (2016 or later)

  • Access to the internet

  • Access to a smart phone, video camera or web camera is required

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Take the short quiz to see if this course is right for you.

 

 

 

Pathways

On completion of this course, you will receive six credits towards the FNS40222 Certificate IV in Accounting and Bookkeeping.

The following pathways are available after completing this Skill Set:

  • Partial credit transfer towards the Certificate IV in Accounting and Bookkeeping

  • Meets the entry requirement for the Diploma of Accounting

More Accounting Courses offered by Monarch Institute Include:

Part Courses

Units

In total, you need to complete 7 nationally recognised units of competency to be awarded the FNSSS00014 Accounting Principles Skill Set.


  • FNSACC321 Process financial transactions and extract interim reports

  • FNSACC322 Administer subsidiary accounts and ledgers

  • FNSACC421 Prepare financial reports

  • FNSACC418 Work effectively in the accounting and bookkeeping industry

  • FNSACC426 Set up and operate a computerised accounting system

  • FNSTPB411 Complete business activity and instalment activity statements

  • FNSTPB412 Establish and maintain payroll systems

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Pathway to full accounting qualifications

The following pathways are available after completing this Skill Set:

  • Partial credit transfer towards the Certificate IV in Accounting and Bookkeeping

  • Meets the entry requirement for the Diploma of Accounting

  • 50% of the entry requirements for the Advanced Diploma of Accounting

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Nationally recognised

The seven units of competency in this course are nationally recognised under the Australian Qualifications framework. In addition to entry in to the Diploma of Accounting (FNS50222), you may also be able to use the units to reduce study time if you move on to another relevant higher education qualification course.

Accounting training. For the real world.

Check out our reviews

 

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Trainers

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Elizabeth McLardy

Accounting and Bookkeeping Trainer

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Natasha Daraio

Accounting and Bookkeeping Trainer

Open
Elizabeth McLardy

Accounting and Bookkeeping Trainer

Open
Natasha Daraio

Accounting and Bookkeeping Trainer

Fees

Upfront Payment
$1,924
Payment Plan
$88.80 / week
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