As the world of accounting continues to evolve at an ever accelerating rate, it creates more and more exciting opportunities for everyone involved in all areas of the financial services industry.
In response to this constantly evolving environment, our Diploma of Accounting course is designed to be industry focused and innovative. By giving you a solid foundation of knowledge and skills, the course will help set you up for a career in the accounting industry.
The course also involves active experiential learning which includes allowing you to work individually and in teams. It also encourages you to step out of your comfort zone and explore new ideas thereby helping you to develop resilience, adaptability and self confidence.
This qualification is
This unit provides students with a broad overview of communication theory and the communication practices used in the business sector. It combines the knowledge and skills of business communication with a broad overview of business and the economy. Business communication skills encompasses the business context and looks at effective meeting management, presentation skills, job seeking and interview skills, and report writing. Students explore and practice the principles of good writing and effective communication as they relate to the business world and identify and critically assess the barriers to communication and how they might be overcome.
This unit introduces students to the world of business and contemporary business functions and operations. Students will learn about key business and management functions such as planning, organising, controlling, and leading, as well as the role of specific functional areas such as marketing, financial management IT, and people management. Students explore several different theoretical approaches to management and examine the role of culture and diversity in organisations, along with the importance and influence of ethics and good governance.
In this unit, students are introduced to the discipline of accounting. They consider its role and functions in business and society and learn about accounting frameworks and Australian accounting standards. Students learn about and practice key accounting functions and transactions including the use of debits and credits, adjusting to trial balance, completing the accounting cycle, and the importance of retail operations and accounting for inventory and receivables.
A key element of contemporary business management is an understanding of economics and economic forces and how these can influence business decision making. In this unit students explore key theories and principles of economic thinking including concepts such as competition, supply and demand, and elasticity. Students learn how markets operate and why they behave the way they do. They discuss how government economic policies (monetary and fiscal) effect national economies and individual businesses. Students explore the causes of inflation, international trade, the international monetary system, and production and growth. They also explore the causes and effects of the so-called ‘global financial crisis’ (GFC) in detail.
In this unit students are introduced to the use of accounting and management information. They will explore how accounting information is used, how information systems are designed including how processes are mapped and how they are documented. Students will also be given the opportunity to develop and interrogate their own small database system. The unit examines how accounting information systems are documented and identifies the internal controls of such systems. It explores various elements and stages of the transaction cycle and describes how accounting information is used, collected, maintained, and protected.
All Australian businesses operate within a legal framework. In this unit students are introduced to the Australian legal system and how laws are created, applied and interpreted. Through the extensive use of relevant case law students will learn about and discuss substantive business law topics including business crimes, the law of torts, contract law, consumer protection law and competition law. The unit also describes and explores the nature of business organisations.
In this unit students continue their introduction to the basic theories and functions of accounting practice. Students are introduced to the concepts of accountability and governance in the accounting profession and examine several key pieces of information used in business to aid decision making: the balance sheet, the income statement, and the cash flow statement.
Students learn how to prepare the statement of cash flows by both the direct and indirect methods. Students will also explore how to analyse financial statements and how they can contribute to effective business decision making. Finally, students will be introduced to accounting for partnerships and companies, as well as capital management and decisions relating to capital investments.