C6163 - Advanced Diploma of Accounting

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Plan: C6163 - Advanced 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 14 units of competency as outlined in the program structure: 3 core units and 11 electives.

You will be required to study for approximately 33 hours per week and this includes face-to-face classes, online activities as well as self-directed studies such as preparation for classes, research, online collaboration and assessment completion.

Delivery and Learning

The Advanced Diploma builds upon the foundation skills acquired in the practice firm environment that you experienced throughout the FNS402017 Certificate IV in Accounting and Bookkeeping and FNS50217 Diploma of Accounting level qualifications in this stream. It prepares you for working with industry through practical work placements with a minimum duration of 2 weeks (or approximately 80 hours).

You will develop strategies for engaging with prospective employers to gain that placement opportunity and then having obtained that opportunity you will undertake a range of authentic workplace tasks to further develop real-world skills whilst gaining a richer understanding of the nature of an accounting workplace.

The delivery of the program is face to face with online support.  Learning will ensure that units are contextualised to industry applications wherever possible and that demonstrations and practical sessions be incorporated wherever appropriate in the delivery strategy. You will experience a variety of approaches to learning and teaching.

The Advanced Diploma of Accounting futher develops skills you accuired in FNS40217 Certificate IV in Accounting and Bookkeeping and FNS50217 Diploma of Accounting.   You will continue to work in The Practice Firm (virtual working environment) on various projects and prepare for the practical work placement.

Classes are interactive and give you many opportunities to discuss ideas and practice skills. You will participate in class learning activities including analysis of case studies and scenarios, group discussions, pair work and simulations of real-life job assignments. Other activities will include interactive e-learning, learner directed reading and practice, online and library research activities.  

One specialisation that receives additional attention in the Advanced Diploma is taxation. Two units are offered in the Advanced Diploma so as to complete the required ‘Course in Australian Taxation Law’ needed for those planning to eventually register as Tax Agents with the Tax Practitioners Board (TPB).

The structured activities are typically communicated through CANVAS (RMIT’s Online Learning Management System). This system provides the source of any other recommended reading or learning activities (pre or post-class).                                                  

You are expected to undertake self-directed learning in addition to those activities provided in the classroom or online. This self-directed learning will often be based upon research and reading of relevant knowledge elements of the course. Where you have the opportunity to do so, you are encouraged to apply skill elements in your actual workplace.

For learning and assessment purposes some units of competency have been grouped into clusters as listed below:

Cluster Name Units
Corporate Governance

ACCT5430C Monitor corporate governance activities (FNSACC624)
BAFI5223CApply legal principles in corporations and trust law (FNSTPB504)

Advanced Taxation ACCT5387C Prepare and administer tax documentation for legal entities (FNSACC601)
ACCT5389C Implement tax plans and evaluate tax obligations (FNSACC603)
Advanced Financial Management MKTG7947C Interpret and use financial statistics and tools (FNSINC602)
ACCT5490C Evaluate organisation’s financial performance (FNSACC608)


Assessment tasks are designed to simulate the workplace and require you to demonstrate the practical application of your knowledge. If 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/student-essentials/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:

  • verbal or written questioning
  • observations of presentations
  • other observations including demonstrations of techniques
  • assignments
  • use of case studies
  • work simulated projects
  • workplace assessment
  • multi- media presentations and classroom instructions
  • group and individual exercises
  • various forms of tests

Learner Support

RMIT University provides a wide range of resources and opportunities to assist your learning and wellbeing so you can achieve your study and career goals.

Services are available face to face and online assisting with:

  • transition to tertiary study and learning
  • study skills, academic skills including literacy, mathematics and basic sciences if relevant
  • enabling assistance if you have a disability, long term medical condition or other form of disadvantage which may impact on your learning
  • career development and employment
  • living and wellbeing (including advice on health, housing and financial matters)
  • opportunities for scholarships, leadership and study abroad
  • opportunities for participating in arts, sport, recreation, fitness activities as well as student activism and university governance

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.

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


The Center 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.

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):

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

Ngarara Willim means ‘gathering place’ in the language of the Wurundjeri, the traditional custodians of the land where RMIT stands.  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 matter you can access Ngarara Willim Centre:

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:



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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 has  a formalised practical work placement with a minimum duration of two weeks or approximately 80 hours.   You will be undertaking various Work Integrated Learning (WIL) activities in a virtual work environment called Practice Firm that will prepare you for the workplace tasks.

FNSORG602 Develop and manage financial systems unit will cover the practical work placement requirements.

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Program Structure

This qualification requires the completion of 14 units - 3 core units and 11 elective units.

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C6163 Courses

C6163 Core Units - Select ALL Three (3) Courses

Course Title

Nominal Hours

Course Code


Monitor corporate governance activities (FNSACC624) 60 ACCT5430C City Campus
Apply economic principles to work in the financial services industry (FNSINC601) 60 ECON5050C City Campus
Interpret and use financial statistics and tools (FNSINC602) 60 MKTG7947C City Campus
C6163 Elective Units - Select Eleven (11) Courses

Course Title

Nominal Hours

Course Code


Prepare and administer tax documentation for legal entities (FNSACC601) 80 ACCT5387C City Campus
Audit and report on financial systems and records (FNSACC602) 40 ACCT5388C City Campus
Implement tax plans and evaluate tax obligations (FNSACC603) 60 ACCT5389C City Campus
Evaluate organisation's financial performance (FNSACC608) 60 ACCT5390C City Campus
Implement an insolvency program (FNSACC611) 70 ACCT5391C City Campus
Prepare and analyse management accounting information (FNSACC613) 60 ACCT5392C City Campus
Prepare complex corporate financial reports (FNSACC614) 60 ACCT5393C City Campus
Develop and manage financial systems (FNSORG602) 60 ACCT5394C City Campus
Apply legal principles in contract and consumer law (FNSTPB503) 60 LAW5732C City Campus
Apply legal principles in corporations and trust law (FNSTPB504) 60 BAFI5223C City Campus
Apply legal principles in property law (FNSTPB505) 60 LAW5733C City Campus

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Program transition plan

The current FNS60217 Advanced Diploma of Accounting (C6163) is a qualification within the Financial Services Training Package.

The training package has been released with a new version (version 8.0). Due to the new release of the FNS Training Package, FNS60217 Advanced Diploma of Accounting (C6163) has been superseded by FNS60222 Advanced Diploma of Accounting. 

Students who are enrolled in the  FNS60217 Advanced Diploma of Accounting (C6163) 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 the non-equivalent FNS60222 Advanced Diploma of Accounting (C6181). 


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