Diploma of Accounting

BIA-400: FNS50210

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This course incorporates nine accredited units that make up the FNS50210 Diploma of Accounting.

If you wish to secure your place on the course  immediately  (subject to our acceptance of your enrolment form) or to enrol for distance learning please book on-line below, Add-To-Cart, pay by credit card or EFT (Internet Banking).   The course deposit can be made by EFT as follows:

Westpac Banking Corporation:

Account name:  Bookkeeping Institute of Australia Pty Ltd

BSB:                   034-089.

Account No:       11-6274


To enter into the instalment plan, BIA requires you to authorise BIA to charge your credit card or debit card for the 2nd and subsequent instalments.  This information is to be provided on the student enrolment form. Instalment payments are processed on the 15th of the month. 



The FNS50210 Diploma of Accounting is designed to give you the practical skills required to succeed in a career in accounting and/or finance. Learn from industry experts, receive constant support and develop the career skills required to achieve your career goals.  No textbooks are provided for this qualification.  We have estimated the full course at approx 520 hours and course enrolment is 18 months which is the typical time a student will take to complete the learning activities for this qualification.  We expect at this level students will be able to demonstrate autonomy, be able to analyse information, self study and apply research skills.

We provide telephone and email support but if you are not sure about your learning style you may benefit from undertaking a self-assessment learning style questionnaire.  If feel you need more support than we can provide remotely then a face to face or tutorial learning  environment may be beneficial to you as some students are not comfortable in the online/distance setting . 


The turnaround for response is 24 hours unless urgent

Students who have completed a Diploma at a Registered Training Organisation in Australia are able to apply for advanced standing in the degree course of their choice at any Australian university. The level of articulation may vary between universities and students are advised to apply to the university/(ies) of their choice well in advance of completion of their qualification.

Students must be 18 years over at the time of application.  This Nationally Recognised accredited accounting training course has been designed by the Bookkeeping Institute of Australia and has been designed to reflect the role of those working in accounting that perform duties such as:

  • Introducing and maintaining accounting systems
  • Maintaining internal control systems
  • Financial statements for a reporting entity preparation
  • Individual tax returns preparation
  • Reporting on business performance
  • Management accounting reports preparation

 Employment Opportunities:

  • Business Analyst;
  • Cost Accountant;
  • Management Accountant;
  • Operational accountant;
  • Financial Accountant;

After achieving the Diploma of Accounting, candidates may undertake a range of Diploma and Advanced Diploma level qualifications from the FNS10 training package. Students may be able to receive exemptions/credit transfers from some subjects based on this qualification.

The entry requirements for this qualification are completion of the units which comprise the following:

  • attained the FNS40211 Certificate IV in Bookkeeping, or its equivalent;
  • attained the FNS40611 Certificate IV in Accounting, or its equivalent;
  • experience in applying the entry level qualification FNS40211 or FNS40611, or its equivalent.

You will note from the assessments below that we have grouped some units of competencies.  This is done to enable the assessments to have meaning and purpose related to work functions and needs in an industry or enterprise.  This holistic/integrated approach to clustering focuses on the assessment of as 'whole of job role or function that draws on a number of units/elements of competency and also integrates the assessment with the application of knowledge, technical skills and problem solving.

Clustering of units involves the development of processes and materials that meet the requirements for groups or clusters of units of competency rather than individual units for a variety of reasons, including the following:to meet the required competency profile of the student

  • to reflect the workplace in the learning and assessment experience
  • to maximise the opportunities for holistic evidence gathering in the assessment proces
  • to maximise efficiency of effort for the student

The BIA FNS50210 Diploma in Accounting meets the standards required by the workplace and will help the students with knowledge and skills being learned or assessed into a real work context.  This approach is more meaningful for students and increases the likelihood of their being able to transfer their knowledge and skills into the workplace.  

The FNS50210  Diploma of Accounting delivered by the Bookkeeping Institute of Australia consists of 5 assessments as follows: 




1.   SpreadsheetsBSBITU402ADevelop and use complex spreadsheets

2.  Meeting statutory    & internal requirements [cluster]FNSORG505A &


Prepare financial reports to meet statutory requirements
Implement and Maintain internal control procedures 

3.Prepare Tax returns for individuals

FNSACC502BPrepare legally compliant tax returns for individuals


4Maintain Accounting Systems

FNSACC505AEstablish and Maintain Accounting Systems
5.Preparing & Managing financial information & reportsFNSACC501A
Provide Financial and Business Performance information;
Manage Budgets and forecasts
Prepare Financial Reports for Corporate Entitities
Provide Management Accounting Information 

All √

Consistent with the qualification packaging rules, the units listed above will be delivered for this qualification. The code and title of each unit is provided as well as an indication of core or elective status. None of these units have prerequisite, co-requisite or licensing requirements.

Upon successful completion of the Bookkeeping Institute of Australia FNS50210 Diploma in Accounting graduates will have knowledge of preparing complex spreadsheets,understanding company internal control procedures and statutory requirements of financial reporting, as well as being able to undertake and prepare [under supervision] legally compliant tax returns for individuals with an understanding of the taxation system and to report on the requirements of accounting information systems and change management issues.

Graduates will also possess the skills and knowledge to be able to prepare financial and performance information budgets, forecasting reports and understand financial ratios.

The Bookkeeping Institute of Australia FNS50210 Diploma in Accounting prepares students who are serious about becoming accounting professionals and is an excellent pathway for those who wish to further their career.

There are no textbooks required for this qualification as the learning material has the required resources and it is expected that students will undertake their own research. 

Students are provided with a mentor/coach to assist them in this program and the use of Skype is encouraged.

Recognition of Prior Learning/Credit transfers:
Learners are able to have their competency from prior learning and work experience recognised in this qualification.  Please contact Bookkeeping Institute of Australia to discuss - tel:  07 3343 1500.  The competencies in this qualification may be attained in a number of ways including through: 

  • formal or informal education and training
  • experiences in the workplace
  • general life experience, and/or
  • any combination of the above.

Assessment for this qualification may follow a learning and assessment pathway, an assessment-only or recognition pathway, or a combination of these.

Enrollment Process

Email/fax the BIA Enrolment Form to us as soon as possble.  If you are located outside of Australia then shipping charges will apply and we will advise the cost separately.  The following information is also available to assist students and should be studied prior to your enrolment:

 Student Support Policies  Recognition of Prior Learning (RPL) Policy  Distance Learning FAQs  Cancellation & Refund Policy   Privacy Policy   Learning Styles

Please note that your course booking is subject to the completed enrolment form being emailed, faxed or mailed to us before the start date of your course and our acceptance of your enrolment by the issue of a "Letter of Offer".  If you have not already visited the web page for this course please click here to view More Details. A basic knowledge of PC's, Microsoft Windows, Microsoft WORD and Microsoft EXCEL are pre-requisites for this course.

You will need a PC/laptop running Microsoft Windows or Apple MAC.  We supply a MYOB Student Edition, which runs on either a PC or a Mac, for you to complete your assessments.

Please call 1300 729 844 or 0409 497 397 (8am-6pm EST) if you experience any difficulty with our web site or our web based booking system - or wish to make payment by telephone.

 If you wish to enquire about other payment options, please call 0409 497 397.

The entry requirements for this qualification are completion of the units which comprise the following:

  • attained the FNS40211 Certificate IV in Bookkeeping, or its equivalent;
  • attained the FNS40611 Certificate IV in Accounting, or its equivalent;
  • experience in applying the entry level qualification FNS40211 or FNS40611, or its equivalent.

BIA-400: FNS50210 Diploma of Accounting TODAY