Accounting education.
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Accounting Principles Skill Set

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  • Study online, anywhere and anytime – fit study around life
  • Get ready to study at Diploma level
  • Faster pathway to the Diploma of Accounting
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Duration Up to ten months
How it works Study online. With a difference.
Price $1,850 up front | $85.38 per week (payment plan)
Career opportunities Registered tax agent | Financial analyst
Course topics Seven units of competency
Units Seven units of competency | Nationally recognised
Course trainers Industry experts and thought leaders
Pathways Certificate IV in Accounting and Bookeeping | Diploma of Accounting
Entry requirements RPL available | Some equipment needed
Assessments Multiple small assessments | Two supervised assessments
Start date Immediately, or whenever you're ready.
Get in touch about enrolling
Payment Options There are two ways you can pay for your course...
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Key Benefits

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

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 (FNS50217), you may also be able to use the units to reduce study time if you move on to another relevant higher education qualification course.

Course Accreditation

Specialisations

Course Assessments

Assessment formats include:

Career Opportunities

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:

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


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:

More Accounting Courses offered by Monarch Institute Include:

Part Courses

Entry requirements

Course prerequisites

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.


What equipment will I need?

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


Am I eligible for recognition of prior learning or credit transfer?

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 [email protected] and one of our Course Consultants will be in touch.

Course Topics

Course Duration

What is the average course completion time frame?

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!

How it works

Study online. With a difference.

You’ll get:


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.

Course Price

Upfront payment

$1,850 (total)

The most cost-effective option. Pay up front and save 20% compared to the total payment plan. Payment options include electronic funds transfer (EFT), credit card (Mastercard or Visa), cheque or cash.


Payment plan

$85.38 per week, paid over 26 weeks (total $2,219.88)

This option is suitable for people wanting to manage their cash flow. It’s handy if you want to get started right away, but don’t have the full amount on hand. Payment must be made with MasterCard of Visa.

*Fees and units are subject to change.

Meet your trainers

Industry experts and thought leaders
Michelle Dascal
Michelle Ma
Trainer
"A person who never made a mistake never tried anything new."
– Albert Einstein

I currently work in a mid-tier accounting firm as a senior accountant, and love it. I have over 8 years’ experience working as a business service accountant and tax consultant. I look after a portfolio of clients across various industries, and that’s really interesting. Observing different sector dynamics at play is fascinating. My skills include preparing financial statements, preparing tax returns, BAS, budgeting, cash flow analysis and tax consulting.

What makes me jump out of bed each morning?

I’m passionate about eating food. I love to try different cuisines in restaurants, and enjoy cooking as well. The bed time discussion generally starts with, ‘…what are we going to eat tomorrow’?

john-deninger
John Deininger
Trainer
"The only choice we can make as a nation is the choice about our future."
- Hon Paul Keating

I am a qualified Chartered Accountant, with a career in financial services, working with both large and small chartered accounting firms, financial services businesses both in Australia and overseas and a mid-tier industry superannuation fund. I’ve worked in a volunteer capacity in the local community; I’m the treasurer of two community organisations.

What makes me jump out of bed each morning?

I enjoy the year-round wonders of the outdoors so close to Melbourne’s doorstep, while still hanging onto an inner city cosmopolitan life style, hopefully the best of both worlds. A bike, kayak, tent and xc skis are my most treasured possessions!

natasha
Natasha Daraio
Trainer
"A leader is one who knows the way, goes the way and shows the way"
- John C. Maxwell

I have over 11 years’ industry experience working in various accounting roles – having worked as a tax accountant in private practice, a financial administrator in a solicitors firm and a financial planner in both private practices and in the banking industry. I moved into adult education 10 years ago following the birth of my third daughter and have taught at Gippstafe, Federation Training and Swinburne University.

I love travelling overseas – I’ve been in the lively New Orleans for the St Patrick’s day street party and even skydived on the north shore in Hawaii.

What makes me jump out of bed each morning?

My three daughters get me up each day! When I’m not busy working, you’ll find me curled up reading a book or asking one of my daughters to do something (for the millionth time!).

Elizabeth McLardy
"Be stronger than your strongest excuse. Be greater than your most negative voice.” – Alan Maiccon

Hello! I’m Liz, a CPA with 13+ years in finance, contributing to ASX 100 companies globally. I’ve trained aspiring accountants for a decade as a CPA program expert. I’m also a committed community leader, serving as a board member and treasurer for nonprofits. Beyond numbers, I’m a gardening enthusiast and nature lover. Family is my core, balancing professional and personal passions.

What gets me out of bed in the morning?

Family is at the heart of everything I do, and I cherish the moments spent with my loved ones.

Karin Graham
Karin Graham

I’m an IPA Fellow specializing in Forensic Accounting with 30+ years of experience in corporate and small business accounting. I focus on enhancing internal controls to prevent fraud. I’ve worked in the UK and Europe, blending practical experience with teaching, earning ‘Teaching Excellence Awards.’

What makes me jump out of bed in the morning?

I used to skydive extensively but stopped in my late 20s to focus on family life with my spouse and four kids, along with a Labrador and three playful cats. For relaxation, I enjoy books, computer games, and binge-watching shows or podcasts.

Any questions? Ask away!