Diploma of Accounting

The Diploma of Accounting is designed for people seeking work in all fields of industry and commerce like financial institutions, retail stores and other businesses.

The Diploma of Accounting is recognised by the Association of Accounting Technicians (AAT).The primary pathway from this qualification is employment in accounting job roles with duties such as:introducing and maintaining accounting systems maintaining internal control systems preparing financial statements for a non-reporting entity preparing tax returns reporting on business performance managing small teams developing business plans preparing accounting reports for management.The program can also provide training if students are already working in the accounting industry but have limited experience, allowing them to broaden their knowledge and career prospects and to improve their chances to further studies to advanced diploma or degree level if desired.In addition to specialised skills, the program will also develop the core skills that you need to succeed in the workforce.

In this program, you will specifically be given a range of opportunities to communicate, connect and work with students from a range of backgrounds.

Financial performance

ACCT5378C Provide financial and business performance information (FNSACC501) ACCT5383C Prepare financial forecasts and projections (FNSORG506) COSC6185C Develop and use complex spreadsheets (BSBITU402)

Budgeting

ACCT5380C Manage budgets and forecasts (FNSACC503) ACCT5382C Provide management accounting information (FNSACC507)

Corporate entities

ACCT5381C Prepare financial reports for corporate entities (FNSACC504) BAFI5222C Prepare financial reports to meet statutory requirements (FNSORG505)

Minimum Academic requirement

• Successful completion of the Certificate IV in Accounting

Alternate Entry - work experience requirement

• N/A

RMIT equity access schemes can support you to access and succeed in education. Equity access schemes allow additional consideration in the selection process. However, an equity access application cannot bypass the minimum entry requirements. More on equity access is located at https://www.rmit.edu.au/study-with-us/applying-to-rmit/local-student-applications/equity-access-schemes/types-of-equity-access/

International students

International students are subject to meeting University English Language Requirements: http://www.rmit.edu.au/study-with-us/international-students/apply-to-rmit-international-students/entry-requirements/english-requirements/recognised-qualifications

More information on entry requirements and how to apply is located at: https://www.rmit.edu.au/study-with-us/international-students/apply-to-rmit-international-students/

This nationally recognised vocational education and training (VET) qualification is competency-based. This means that it is designed to enable you to develop the practical skills and knowledge (competency) needed to perform the duties and tasks in the job you are training for. Assessment in a competency-based program is about being able to demonstrate that you have developed these practical skills and areas of knowledge, and that you can perform at the standard required in the job. This could involve showing an assessor how you plan and carry out tasks, and explaining to the assessor how you know what you are doing. It could also involve completing a project and presenting a report on the process and outcomes. If you are working, your work supervisor may provide the assessor with a report on your competency.

You may be eligible for credit towards courses in your program if you have already met the learning/competency outcomes through previous learning.

To be eligible for credit towards a course, you must demonstrate that you have already completed learning that is:

• relevant
• current (and cannot have been completed more than 10 years prior to your application)
• satisfies the learning/competency outcomes of the course.

Your previous learning that satisfies these requirements might have been formal, informal, or non-formal. This determines what type of credit you should apply for:

Supporting documentation

Credit Transfer

If your previous study was a Vocational Education (TAFE) or Higher Education program at RMIT University, you do not need to submit any supporting documentation.

If your previous study was undertaken with RMIT Training or with another institution you must submit documentation to support your application. This documentation may include:

• a certified copy of an Academic Transcript with final grades for Higher Education studies
• a certified copy of a Statement of Attainment for any completed TAFE studies.
• course outlines showing content, learning outcomes and assessment requirements; and an explanation of the grading structure used.

More information on Credit Transfers can be located at the following URL: http://www1.rmit.edu.au/students/enrolment/credit

Recognition of Prior Learning (RPL)

Evidence consists of products or items that you can provide or processes you can demonstrate to an assessor so they can judge whether you are competent. Evidence can be in many forms, for example:

• a demonstration of your skill
• third party reports (e.g. from your supervisor or work colleagues)
• training certificates or training program information
• examples of work that you have produced

Your assessor will help you decide what type of evidence is needed. They will also help you to source evidence that meets the relevant standard as set out in the unit of competence and is:

• sufficient or enough
• current i.e. you still have the skill
• authentic i.e. genuinely yours

You may be required to put the evidence together in a portfolio but this depends on the nature of the evidence and the skills being assessed. In some cases, workplace demonstrations will be sufficient evidence.

More information on RPL can be located at the following URL: http://www1.rmit.edu.au/students/enrolment/credit/tafe/rpl

International qualifications

If any of the evidence supporting your application is not in English, you must supply an English translation by a professional translator deemed acceptable to RMIT. RMIT reserves the right to refuse to accept a translation by a translator that it deems unacceptable.

More information can be located at the following URL: http://www1.rmit.edu.au/browse;ID=mhm3hz4bvmoj1