C5424 - Diploma of Accounting

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Plan: C5424 - Diploma of Accounting
Campus: City Campus

Program delivery and structure

Approach to learning and assessment
Work integrated learning
Program structure
Program transition plan

Approach to learning and assessment

Successful completion of the program requires you to demonstrate that you are competent in all 11 units (7 core and 4 elective) as outlined in the program structure.

You will be required to study for approximately 35 hours per week and this includes pre-class reading and activities, scheduled (face-to-face and online) classes, and post-class activities such as research, self-directed private study, and assessment task completion.

Delivery and Learning

This program uses a blended delivery mode comprising predominantly face-to-face classes with some online classes and study support.  The learning content will be contextualised to accounting industry applications and practical demonstrations will be incorporated where appropriate. With a broad range of content areas being covered in this program, you will experience quite a variety of approaches to learning and teaching.

All classes are interactive and give you many opportunities to discuss ideas and practice skills. You will participate in activities such as analysing case studies and scenarios, group discussions, collaborative work with a partner, and simulations of real-life job assignments. Other activities will include interactive e-learning, learner-directed reading and practice, online and library research activities.

You will already be very well versed in the methodology of accounting, having previously completed studies in the Certificate IV in Accounting and Bookkeeping.  This will allow you to easily engage with new content delivered in a framework that you are by now quite familiar with.

You will continue to adopt the use of the simulated business (or practice firm) as a means of experiencing real-world work tasks, and this will be a prominent feature of your learning across all Diploma units.

Your digital learning resources are provided under licence from Learn Now Publications, and you will access these resources via Canvas (your Learning Management System). Canvas is also used to access assessment resources and provides a forum for you to communicate with other learners in your program, as well as with your trainers.

Assessment

Assessment tasks are designed to simulate the workplace and require you to demonstrate the practical application of your knowledge.

If you believe that you have already developed competency through prior experience, you may apply for Credit Transfer/RPL before the program commences or at any time during the program. Please refer to https://www.rmit.edu.au/students/my-course/enrolment/apply-for-credit

All assessment tools ensure that there are processes in place to authenticate the evidence provided. These processes include questioning and third-party endorsement for RPL applicants, questioning/interviews/self-reflections for group assignments and questioning and the use of Turnitin for e-submissions.  Many units have a component of group work which requires you to work collaboratively in simulated work situations. Assessment tasks will provide simulated scenarios and tasks which are equivalent to future job roles relevant to the program.

Given the intrinsically repetitive nature of many practical/technical accounting tasks, you will also undertake prescribed (non-assessment) tasks outside of class time (e.g. performing calculations, recording transactions, preparing various reports and forms). These prescribed activities are underpinned by classroom explanations, demonstrations and in-class practice, and are often the forerunner to structured assessment activities, many of which are also undertaken outside of class time.

Methods of assessment of individual or clustered competencies will be dependent on individual requirements as stated in the training package. These will generally include some combination of the following:

  • verbal or written questioning
  • multi-media presentations
  • demonstrations of techniques
  • assignments and case studies
  • work simulated projects or workplace assessments
  • role plays
  • group and individual exercises
  • supervised tests

 

Learner Support

In order to identify any learning support that individual learners may need to successfully complete the program, a customised online Language, Literacy (including digital) and Numeracy (LLN) assessment is conducted for all students prior to commencement of training.  The test has been mapped to the Australian Core Skills Framework and is designed to highlight specific areas of assistance that may be required.  Individualised learning support plans are then provided to students outlining the kind of support services that are available and how to access these.  In addition, where cohorts of students are identified as having core skill gaps, teachers incorporate additional Language, Literacy and/or Numeracy learning activities into the delivery of the program.

The Program Manager and teachers have worked with the library to design a session to prepare you for your work. The projects require planning, research and referencing. The session will address the following areas in preparation for the projects:

  • Analyse and brainstorm the question
  • Assignment planner
  • Start your research
  • Searching tips - keywords, synonyms, evaluate websites etc.
  • Library Search, Subject Guides, Library Databases
  • Plan the essay
  • Learning Lab tutorials
  • Continue your research
  • Ask a Librarian, Study and Learning Centre
  • Write and reference
  • Easy Cite referencing tool, Video from Learning Lab
  • Edit
  • Drop in Centre
  • Numerical help with math simple formulas
  • familiarising with numbers and formulas

The above session has been designed in an easy-to-understand, step by step process and recognises the needs of local and international students.

Library normally runs the session in the classes to inform about the programs and services offered for student uplift. The free sessions are always run in the library and the students are encouraged to go and attend.

There is online help available for students’ reference regarding assessment preparation and research skills. The students are encouraged via CANVAS site to use these sources and references to these sites are given along with the assessments.

If you require assistance with study skills, you can access the Study Support services:

https://www.rmit.edu.au/students/support-services/study-support

Study support offers practical advice on assignment writing and discipline-specific language and learning skills. It can also assist with specific skills you may need to succeed in this program, including any language, literacy or numeracy problems.

Equitable Learning Services

If you have a disability, long-term illness and/or mental health condition you can access support from the Equitable Learning Services (ELS).  In consultation with you, the ELS determines Reasonable Adjustments (RAs) and Equitable Assessment Arrangements (EAAs) This support provides equal opportunity in their studies in accordance with the Commonwealth Disability Discrimination Act 1992. The ELS also provides staff and students with information and assistance in relation to disability related matters.

If you require assistance, you can access the Equitable Learning Services (ELS):
https://www.rmit.edu.au/students/support-services/equitable-learning

Ngarara Willim Centre

Aboriginal and Torres Strait Islander learners can gain support and encouragement from the Ngarara Willim Centre.

Ngarara Willim means ‘gathering place’ in the language of the Wurundjeri, the traditional custodians of the land where RMIT stands. 

Ngarara Willim staff can assist learners to engage and re-engage with education. They offer ongoing guidance with study, living and cultural needs.

If you require assistance with your study and other matters you can access Ngarara Willim Centre:
https://www.rmit.edu.au/students/support-services/indigenous

International Students Services

As an international student, you can get the support you need to have the best experience possible at RMIT. Find out how to connect with others and make friends:
https://www.rmit.edu.au/students/support-services/international-students

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Work integrated learning

RMIT University is committed to providing you with an education that strongly links formal learning with workplace experience.  As a student enrolled in this RMIT University program, you will be assessed on structured activities that allow you to learn, apply and demonstrate vocational competency.

The program does not have a Work Integrated Learning (WIL) placement.  However, you will be undertaking various simulated business tasks in a virtual work environment (i.e. the ‘Practice Firm’) and these tasks will help to prepare you for real-world employment in this industry sector.

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Program Structure

This qualification requires completion of the following:
 

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C5424 Core Courses

Complete all seven (7) courses:

Course Title

Nominal Hours

Course Code

Campus

Design and produce complex spread sheets (BSBTEC402) 50 COSC6241C City Campus
Provide financial and business performance information (FNSACC521) 60 ACCT5439C City Campus
Prepare tax documentation for individuals (FNSACC522) 80 ACCT5440C City Campus
Manage budgets and forecasts (FNSACC523) 40 ACCT5441C City Campus
Prepare financial reports for corporate entities (FNSACC524) 70 ACCT5442C City Campus
Implement and maintain internal control procedures (FNSACC526) 40 ACCT5443C City Campus
Provide management accounting information (FNSACC527) 60 ACCT5444C City Campus
 
AND

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C5424 Elective Courses

Complete all four (4) courses:

Course Title

Nominal Hours

Course Code

Campus

Lead effective workplace relationships (BSBLDR413) 50 EMPL5990C City Campus
Make decisions in a legal context (FNSACC413) 60 LAW5751C City Campus
Establish and maintain accounting information systems (FNSACC505) 50 ISYS7599C City Campus
Apply ethical frameworks and principles to make and act upon decisions (FNSINC514) 40 BUSM8913C City Campus
 

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Program transition plan

The current FNS50217 Diploma of Accounting (C5390) has been superseded by the non-equivalent FNS50222 Diploma of Accounting (C5424). Students who are enrolled in this program and complete all the requirements by 14 June 2023 will graduate with the current qualification. 

Students who do not complete by 14 June 2023 may choose to transfer into non-equivalent FNS50222 Diploma of Accounting (C5424). Students who transfer into the non-equivalent FNS50222 Diploma of Accounting (C5424) may need to enrol in additional units to complete the new qualification because the existing qualification and the replacement qualification are not equivalent. 

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