Key Benefits

Brand new diploma-level qualification

This brand new diploma-level qualification under the government’s Financial Services Training Package is now open for enrolments.

Payroll software training

You’ll get to know the software you could be using every day as a payroll officer. The Diploma includes practical training using online payroll software as well as your choice of either MYOB or Xero while you’re studying with us.

TPB approved course

This course meets the Tax Practitioners Board (TPB) education requirements to become a registered BAS agent. Experience criteria also apply.

Nationally recognised

The course is nationally recognised under the Australian Qualifications Framework. This means you may be able to use it as a pathway to further education qualifications.

Course Accreditation

Module 1:

Accounting and Payroll Fundamentals

Module 2:

Implementing Payroll, Activity Statements and Computing

Module 3:

Payroll – the Details

Course Assessments

The experts who design and deliver our courses have developed an assessment framework that’s uniquely designed to help you gain a deep understanding of the material. They’ll give you the kind of knowledge and skills you can use in the real world as a skilled payroll administrator.

Assessment formats include:

BAS Agent Certification assessments

The Tax Practitioners Board (TPB) requires the BAS Agent Certification module (included in this Certificate IV) to be assessed via two two-hour open book assessments.

The first assessment covers payroll administration. The second assessment covers activity statements. The assessments do not need to be completed at the same time. In fact it is suggested they are not.

What is included in the BAS Agent Certification assessments?

Each assessment consists of 30 multiple choice questions and six short answer or calculation questions.

Where do I do the assessments?

The Tax Practitioners Board (TPB) specifies students can complete the assessments at any location provided they are independently supervised according to the terms and conditions of independent supervision as specified by the TPB.

For more details on the requirements of independent supervision, please get in touch with one of our friendly course consultants on 1300 738 955.

IMPORTANT: Further requirements for becoming a registered BAS agent

Career Opportunities

Keep up with payroll technology

Technology is constantly changing the way that payroll work is carried out. In your career as a payroll administrator or manager, you’ll spend less and less time on data entry and more time on challenging issues to do with tax and super admin. That’s why, even if you’re already working in a payroll services role, it’s more important than ever to get qualified. With Monarch Institute, you’ll also get the software training you need (online payroll software as well as your choice of either MYOB or Xero) to hit the ground running.


Alternative pathways

‘Payroll officer’ isn’t the only job title you could have after graduating from the Diploma of Payroll Services. Monarch Institute is an approved provider by the Tax Practitioners Board (TPB) for courses in GST/BAS taxation principles being part of the requirements to become a BAS Agent. The skills you’ll develop could help you stand out of the crowd as a:

Pathways

Because the Diploma of Payroll Services is a nationally recognised qualification, you may also be able to use it as a pathway to further study at university level. You could continue to study a breadth of areas including human resources, industrial relations, accounting and business. If you’re planning on doing this, it’s best to check with the uni of your choice as to whether they’ll offer you credit, before enrolling with Monarch Institute.

Entry requirements

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


What equipment will I need?

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

Note: Access to online payroll software as well as MYOB or Xero software is provided for the duration of your course as part of your course fee. If you use an Apple Mac computer, you must use Xero (not MYOB).


Am I eligible for recognition of prior learning (RPL)?

We may be able to take into account relevant knowledge and skills you’ve possibly gained through previous formal or informal training, education and employment. To find out more, refer to our Student Information Guide by clicking here, or get in touch with one of our friendly course consultants.

Course Topics

Module 1: Accounting and Payroll Fundamentals

Module 2: Implementing Payroll, Activity Statements and Computing

Module 3: Payroll: The Details

Course Duration

What is the average course completion time frame?

This course is designed to be completed within 18 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

More than online.

You’ll get:


How does it work?

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.


What support will I get?

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.

Course Price

Upfront payment

$2,900

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

$133.85 per week, paid over 26 weeks (total $3,480)

This option is suitable for students 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 or Visa.

Meet your trainers

Industry experts and thought leaders
Michelle Dascal
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 Deininger
Trainer
"No choice we can make as a nation lies between our history and our geography. We can hardly change either of them. They are immutable. The only choice we can make as a nation is the choice about our future."
- Hon Paul Keating

I am a qualified Chartered Accountant. I started out with the large chartered practice Pricewaterhouse Coopers. Since then I’ve built 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 also got a track record of similar roles in a volunteer capacity in the local community; I’m the treasurer of two community organisations. I am particularly interested in assisting and guiding students in the financial services arena with their studies and career development.

What makes me jump out of bed each morning?

I lead a busy and involved life, although more and more I’m reliving my childhood through the activities of my son Oskar! Together with my wife and Oskar, 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!

Karen Alpen
Trainer
"To handle yourself, use your head; to handle others, use your heart"
– Eleanor Roosevelt

I’m a Chartered Accountant with a Bachelor of Financial Administration and a Graduate Certificate in Management. With fifteen years of experience teaching accounting and bookkeeping as a part-time lecturer at a University and TAFE, I’m still loving my job.

I’ve worked in both the public and commercial accounting professions prior to commencing teaching. I understand the challenges of studying online, having gone back to university as a mature age student to complete an online Bachelor of Science. I’m now undertaking a Master of Science (Bioinformatics) at Melbourne University, so I empathise with students juggling work, family and study commitments.

What makes me jump out of bed each morning?

The long list of jobs I have to do each day… family, pets, work, study! When there is a spare moment, I enjoy walking, cycling, reading (not just textbooks!), pottering in the garden and painting/sketching.

Melissa Nettle
Trainer
"Why fit in when you were born to stand out?"
- Dr. Seuss

I am the Manager of the Funded Accounting Programs here at Monarch Institute. Over the past 20+ years I have worked in various roles within the financial services industry including working as a trainer/assessor in Finance and Accounting, Bookkeeping and Business Administration courses.

I am a proud Mum of three beautiful daughters. In fact, I started and completed my accounting degree, online, whilst on maternity leave, so I can absolutely relate to the struggles involved with juggling being a Mum and studying full time!

I coach A-grade softball and I also coach my two youngest daughters’ Tee Ball team. Opposite ends of the spectrum and certainly challenging. I love it!

What makes me jump out of bed each morning?

Usually, having to wake my girls up to get them motivated and ready for school. Also, my mind usually starts ticking over, at 100 MPH, at around 5:00 a.m. so I figure, why fight it? Just get up and make things happen!

Leanne Pagano
Trainer
"You are braver than you believe, stronger than you seem, and smarter than you think"
- A.A. Milne

I am a registered tax agent with qualifications in Accounting and Training and Assessment.  I have my own small practice that I have been operating for over 10 years.

I’ve worked as a bookkeeper for small/medium businesses to an accountant in CPA firms.  I love sharing my knowledge and passion with students who are new to the field.  I have total understanding and empathy for our students who undertake online studies, fitting in their daily lives with study.

What makes me jump out of bed each morning?

I’m not much of a morning person!  I need my cup of tea to get me going before getting the menagerie of animals fed – dogs, chickens, rabbits, budgie and one lone pigeon that ensure I am up and about.

Karen Loynd
Trainer
"Learning is a treasure that will follow its owner everywhere”
- Chinese proverb

I am an accountant with a Bachelor of Business (Accounting) and various teaching qualifications. I have approximately twenty years of experience teaching accounting and bookkeeping courses at a leading TAFE college. I have also taught online courses for several years and appreciate the challenges many online students face.

In addition, I have worked in various accounting and bookkeeping roles in public accounting. I enjoy helping and interacting with students in my role as a Trainer at Monarch Institute.

What makes me jump out of bed in the morning?

Helping people, whether it is students, family, friends or the wider community. I also enjoy tennis and having something fun to do.

Belinda Marino
Trainer
“Everyone is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid”
-Albert Einstein

I’m a registered BAS agent and Certified Bookkeeper, holding vocational and tertiary qualifications in bookkeeping and accounting, training and assessment, small business management and mechanical engineering. I am a Xero Certified Advisor and Xero Payroll Certified. I’ve had seven years’ experience in the financial services industry, working with businesses over a wide range of industries.

I currently run my own bookkeeping business alongside my role as a trainer here at Monarch Institute. I have a special interest in teaching students with learning difficulties, as two of my children are dyslexic.

What makes me jump out of bed each morning?

A strong black coffee, and the need to get my three teenage boys out of bed! I love watching my Monarch students grow their confidence and increase their knowledge. I also love working with my bookkeeping clients, educating them on how to best financially manage their businesses from an accounting and compliance perspective.

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!).

Belinda Lybert
"You’ve always had the power my dear, you just had to learn it for yourself"
- Glinda, Wizard of Oz

As a Chartered Accountant, I’ve had the opportunity to live and work in New York, London and Sydney. I started my career working for mid-tier accounting firms, before moving into the financial services industry to work for a multinational. Whilst in financial services, I held both accounting and risk management roles.  I moved into teaching over 5 years ago, specialising in working with online and distance students across business, accounting and adult education. I’m passionate about ensuring everyone has access to education, new opportunities and tools they need to continually develop new skills and knowledge.

What makes me jump out of bed each morning?

The opportunity to add value each day is a big motivator. Each day is a new adventure – an opportunity to learn, appreciate or interact with someone or something new. I love taking on new challenges, finding solutions and watching myself and those around me grow.

Jenny Hargreaves
Mentor
"Believe you can and you’re halfway there."
– Theodore Roosevelt

I’m a registered BAS agent, holding vocational and tertiary qualifications in bookkeeping, accounting, training and psychology. I’ve had 28 years’ experience in the financial services industry. This has included multiple roles for a large Australian bank and a small Australian regional bank. I run my own bookkeeping company in NSW alongside my role as a trainer here at Monarch Institute.

What makes me jump out of bed each morning?

Nothing. I’m not a morning person! Once the first espresso of the day kicks in it all changes. As the ‘pawrent’ of two adorable dogs, I adopt their outlook on life. That is, live in the moment and always have a good stretch before doing anything. I enjoy singing really, really loud, living by the motto ‘just because I can’t sing, doesn’t mean I won’t’.

Any questions? Ask away!

Please complete the details below. Your dedicated course consultant will be in touch with you shortly.
  • *Required Fields
  • This field is for validation purposes and should be left unchanged.

Payroll training.
For the real world.

Get in touch

Diploma of Payroll Services

FNS50417

  • Keep up with payroll technology
  • Study anywhere, anytime – whatever works best for you
  • Nationally recognised qualification
Click to expand
DurationUp to 18 months
How it worksStudy online. With a difference.
Price$2,900 up front | $133.85 per week (payment plan)
Career opportunitiesPayroll officer, Registered BAS agent and more...
Course topicsThree major modules comprising a total of 4 sub-modules.
Units11 units of competency | Nationally recognised
Course trainersIndustry experts and thought leaders
Pathways

University courses.

Entry requirements

No formal prerequisites | RPL available | Some equipment needed

AssessmentsMultiple small assessments and BAS agent certification assessment
Start dateImmediately, or whenever you’re ready.
Get in touch about enrolling
Payment Options There are two ways you can pay for your course...
or
How we rank
  • Would recommend
    to a friend
  • Are satisfied
    with the training
  • Are happy with
    our
    responsiveness