Course Overview
The FNS60222 Advanced Diploma of Accounting is a nationally accredited qualification that supports the development of highly skilled accounting professionals ready to take on strategic and leadership roles within the financial services industry. Developed as part of the FNS Financial Services Training Package Version 8.0, this qualification reflects the evolving demands of the industry and is designed to support career advancement for individuals already working in accounting or financial management.
This course is ideal for those seeking recognition as tax agents, senior accountants, financial controllers, accounts managers, or business analysts. It is particularly suited for experienced workers, including those currently working in the field who are looking to formalize their skills through either study or Recognition of Prior Learning (RPL). The course requires learners to demonstrate initiative and sound judgment when performing complex accounting tasks, managing risk, analysing financial data, and overseeing compliance and governance.
Learners will be empowered with both theoretical knowledge and practical skills to operate independently and manage others within the scope of financial and business operations. Upon completion, graduates are equipped to make informed decisions, manage corporate financial systems, and play a crucial role in achieving business goals through expert financial analysis and reporting.
Course Outcomes
The FNS60222 Advanced Diploma of Accounting is designed to provide a deep and practical understanding of high-level accounting and financial practices. The course prepares individuals to take on more complex and strategic tasks in financial operations, governance, taxation, audit, and performance evaluation. It also supports career advancement by aligning with Tax Practitioners Board (TPB) approved education requirements, making it highly relevant for those aspiring to become registered tax agents.
You will gain technical expertise in preparing financial reports, managing internal controls, implementing tax plans, and developing financial strategies. In addition to analytical and reporting skills, you will also learn to assess financial risk, evaluate organisational performance, and lead internal audits to ensure business integrity and compliance.
Key learning outcomes include:
- Monitoring corporate governance and maintaining ethical standards.
- Applying economic and financial statistical tools in real-world business contexts.
- Preparing tax documentation for individuals and legal entities in accordance with Australian legislation.
- Implementing internal control procedures and auditing financial systems.
- Developing and implementing financial strategies tailored to organisational needs.
- Providing business performance insights to support high-level decision-making.
The qualification consists of 14 units of competency, including 3 core units and 11 elective units. Elective units can be selected to align with your career goals or to meet regulatory requirements such as those for TPB registration. Some units have prerequisites, particularly those dealing with tax law and financial audits, which ensure that learners are equipped with the foundational knowledge necessary for advanced topics.
Overall, this qualification offers a balanced blend of compliance knowledge, strategic thinking, and operational capability, preparing graduates to take on senior financial roles in both public and private sectors.
Career Opportunities
Graduating with the FNS60222 Advanced Diploma of Accounting opens up a wide range of career pathways in the financial services sector. This qualification is ideal for professionals who are already working in accounting and want to advance into leadership or specialist roles, as well as those seeking official recognition through pathways such as RPL.
Potential job roles include:
- Registered Tax Agent (subject to TPB requirements)
- Senior Accountant
- Business Analyst
- Finance Manager
- Accounts Manager
- Financial Controller
- Audit Manager
- Risk Analyst
These positions are available in various settings including accounting firms, financial institutions, private corporations, not-for-profit organisations, and government agencies. Many roles involve not just day-to-day accounting tasks but also strategic decision-making, auditing, tax planning, and overseeing financial systems. This qualification also provides a strong foundation for further academic or professional studies, such as pursuing CPA or CA status.
Recognition of Prior Learning (RPL) Pathway
At Achieve RPL Pty Ltd, we understand that many individuals gain valuable skills and knowledge through hands-on experience rather than formal education. The Recognition of Prior Learning (RPL) pathway offers a way to turn that experience into a nationally recognized qualification—helping you save time, reduce costs, and advance your career.
The RPL process assesses your existing competencies against the units within the FNS60222 Advanced Diploma of Accounting. This includes your previous work experience, on-the-job training, informal learning, and other relevant activities. If your evidence demonstrates that you meet the competency standards for one or more units, you may be awarded those units without needing to study them formally.
Benefits of RPL:
- Achieve a nationally recognized qualification without repeating what you already know.
- Fast-track your career progression or meet industry licensing requirements.
- Enhance your credibility and job opportunities.
- Save time and money compared to traditional study pathways.
Who is Eligible?
To be eligible to pursue this qualification via RPL, you must have previously completed one of the following:
- FNS50222 Diploma of Accounting, or
- FNS50217 Diploma of Accounting, provided you have also completed the elective unit BSBTEC402 Design and produce complex spreadsheets, or an equivalent.
This prior qualification ensures that you have the necessary foundation in core accounting practices, allowing you to demonstrate competency in the more advanced and strategic units in this course.
How the RPL Process Works:
- Initial Consultation: Contact our team for a free consultation. We’ll assess your experience and discuss the evidence required.
- Evidence Gathering: Collect documents such as work samples, references, job descriptions, performance reviews, and other proof of experience.
- Assessment: Our qualified assessors will review your evidence and match it against the course competency standards.
- Outcome: If successful, you’ll be granted credit for relevant units or the full qualification.
We provide full support throughout the process to ensure you are well-guided and that your experience is properly recognized. Whether you are a working professional, a self-employed accountant, or transitioning careers, RPL is a powerful tool to formalize your expertise and achieve national accreditation.
Course Structure and Units
Total Units: 14
- Core Units (3):
- FNSACC634 Monitor corporate governance activities
- FNSINC611 Apply economic principles to work in the financial services industry
- FNSINC612 Interpret and use financial statistics and tools
- Elective Units (11):
Electives include a wide range of advanced accounting topics such as:- FNSACC521 Provide financial and business performance information
- FNSACC522 Prepare tax documentation for individuals
- FNSACC524 Prepare financial reports for corporate entities
- FNSACC601 Prepare and administer tax documentation for legal entities
- FNSACC602 Audit and report on financial systems and records
- FNSACC603 Implement tax plans and evaluate tax obligations
- FNSTPB503 Apply legal principles in contract and consumer law
- FNSACC608 Evaluate organisation’s financial performance
- FNSACC610 Develop and implement financial strategies
- FNSACC613 Prepare and analyse management accounting information
- FNSACC614 Prepare complex corporate financial reports
Note: Some units have prerequisite requirements that must be met prior to undertaking advanced topics. These are typically covered through prior qualifications or experience and will be assessed during the RPL process.
Enrol or Apply for RPL Today
Ready to take the next step in your accounting career? Whether you’re seeking professional recognition, looking to expand your opportunities, or want to formalize years of experience, the FNS60222 Advanced Diploma of Accounting is your pathway forward.
Contact us today for a free consultation and find out how you can enrol or apply for RPL.