In a nutshell
Discover a streamlined learning solution with the Accounting Pathway Program, designed by Open Colleges to help you achieve your study goals.
Available 100% online, this program incorporates the FNS50217 Diploma of Accounting and the FNSSS00014 Accounting Principles Skill Set, and ensures that you’ll meet the educational requirements to register as a Business Activity Statement (BAS) Agent.
Whether you’re just starting out in the accounting field or have some experience, this course covers foundational, need-to-know principles as well as more advanced skills and knowledge, preparing you for a successful career in the fast-growing financial services industry. Learn how to computerised accounting systems and spreadsheet software; prepare and lodge tax documents for individuals; prepare financial forecasts and projections whilst managing budgets, plus much more.
Graduates of this course will gain membership to The Institute of Public Accountants (IPA) which is one of Australia’s oldest representative professional bodies.
What you’ll need
To be eligible to study this course, students must meet the following prerequisites.
- Completed the Certificate IV in Accounting and Bookkeeping (FNS40217 ) or equivalent; OR
- Completed the FNSSS00014 Accounting Principles Skill Set (FNSSS00014); OR
- Completed the FNS40615 Certificate IV in Accounting or equivalent; OR
- Completed the FNS40215 Certificate IV in Bookkeeping or equivalent.
There are prerequisite units for FNSACC514 Prepare financial reports for corporate entities which is delivered the Diploma of Accounting (FNS50217). To be able to enrol into the unit of competency learners must have completed the following units within the FNS40217 Certificate IV in Accounting and Bookkeeping:
- BSBFIA401 Prepare financial reports or equivalent; AND
- FNSACC311 Process financial transactions and extract interim reports or equivalent.
Open Colleges also recommend that:
- Students be over 18 years of age; AND
- Have language, literacy and numeracy skills that ensures the ability to read and comprehend technical terms and communicate effectively through email. These skills are equivalent to those that would be required to successfully complete year 12; AND
- Have access to a modern computer with high speed internet; AND
- Basic computing skills including the ability to make a short video.
Subject summary
In this accounting course, the subjects you may study include:
- FNSACC408 - Work effectively in the accounting and bookkeeping industry
- FNSACC311 - Process financial transactions and extract interim reports
- FNSACC312 - Administer subsidiary accounts and ledgers
- BSBFIA401 - Prepare financial reports
- FNSACC416 - Set up and operate a computerised accounting system
- FNSTPB402 - Establish and maintain payroll systems
- FNSTPB401 - Complete business activity and instalment activity statements
- FNSACC408 - Work effectively in the accounting and bookkeeping industry
- FNSACC511 - Provide financial and business performance information
- FNSACC516 - Implement and maintain internal control procedures
- FNSACC513 - Manage budgets and forecasts
- FNSACC517 - Provide management accounting information
- FNSACC514 - Prepare financial reports for corporate entities
- FNSACC505 - Establish and maintain accounting information systems
- FNSINC601 - Apply economic principles to work in the financial services industry
- FNSINC602 - Interpret and use financial statistics and tools
- FNSACC512 - Prepare tax documentation for individuals
Why Open Colleges?

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Open Colleges has been helping Australians realise their potential for over 125 years, and they're now one of Australia's leaders in online education. In the last decade alone, they've helped over 450,000 students gain the skills to launch, change or take the next step in their careers.
The common misconception is that studying online means that you’re studying alone, but at Open Colleges, they take great pride in the superior support provided to their students. They make it easy for you to get support when you need it with their student support team available Monday to Friday via email, phone and Live Chat and on the weekends, via Live Chat (when available). They’re here, in tandem with trainers and assessors, to make sure you’re supported the whole way through your course, from the time you enrol right through to your graduation.