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) or credit transfer (CT)?

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 more, refer to our Student Information Handbook 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.


Government Funding

If you live in Victoria, Monarch Institute has government funded places.

To see if you are eligible for a government funded place, please click here to see the criteria. Or get in touch with one of our friendly course consultants.

 

*Fees and units are subject to change.

Meet your trainers

Industry experts and thought leaders
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.

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!).

Any questions? Ask away!

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Payroll training.
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Diploma of Payroll Services

FNS50417

  • Study online, anywhere, and anytime
  • Keep up with payroll technology
  • 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) | Gov. funding if eligible
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
PathwaysUniversity courses.
Entry requirementsNo 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...
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