Accounting Principles Skills Set Program (Release 2)

Course Code FNSSS00014
Locations Warrnambool

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Study Mode Full-time, On Campus, Online, Workshops
Length Seven months
Commencement Expressions of interest
Timetable Tuesday and Thursday evenings between 6pm and 9pm via virtual classroom plus 10 Saturday workshops on campus.
Note This qualification is superseded and course updates are occurring.
Course Overview

Prepare for further studies in the Diploma of Accounting and improve your career prospects by successfully completing SWTAFE’s Accounting Principles Skills Set Program. This program gives you the 7 prerequisite units required to apply for enrolment in the Diploma of Accounting (FN50217) in 2020.

During this course, you will gain skills and knowledge to prepare and lodge business and instalment activity statements. You will also develop skills in budgeting and forecasting, payroll, reporting and using accounting software.

Completion of this course also meets the entry requirements for the Diploma of Accounting.

What will I Learn?

You will learn the skills and knowledge required for different jobs within the financial services industry in Australia.

This includes:

  • financial performance
  • cloud computing
  • computerised accounting systems
  • payroll
  • financial reports
  • professional practice

Mode of delivery

Two evenings a week via virtual classroom* plus 10 Saturday workshops on campus.

*Virtual classroom - a live online teaching and learning environment where teachers and students can present course materials, engage and interact with one another, and work in groups together.

Course Outcomes and Career Opportunities

Successful completion of this course satisfies the educational requirements for registration with the Tax Practitioners Board to be an approved Business Activity Statement (BAS) Agent.


Upon successful completion of this course, you may continue further study in the Diploma of Accounting. Completion of this course meets the entry requirements for the Diploma of Accounting.

You may also choose to continue further study at Bachelor level in the commerce study areas. Find out more on our University Pathways page.

Information Session

Why don’t you come along to our next course info session to find out everything you need to start your learning journey? You can chat with our teachers, tour our facilities, learn more about the course, find out about the application process and get your questions answered by our course experts. 

Find the next info session near you

Course in Transition

This qualification is superseded and course updates are occurring.

To ensure course content is relevant and industry-specific, industry is constantly having input into this training package. The course code, title, units, and content may change in the future and you may be enrolled in the new qualification. Further information will be provided on our website, upon enrolment and/or during the course of your training.

Course Requirements
Entrance requirements & pre-requisites

If you are entering this course directly from secondary school you must have completed Year 12.

Course requirements

To be eligible to complete this program, you must successfully complete pre-requisite 7 units.

You are required to provide your own device to use in class that is compatible with the accounting software. You can chat with the course coordinator about the device at your interview.

Units offered

Core Units

Swipe for full table
Unit Code Unit Name Unit Hours Unit Consumables
FNSACC312 Administer subsidiary accounts and ledgers 40 $0.00
FNSTPB401 Complete business activity and instalment activity statements 50 $0.00
FNSTPB402 Establish and maintain payroll systems 45 $0.00
BSBFIA401 Prepare financial reports 50 $0.00
FNSACC311 Process financial transactions and extract interim reports 60 $0.00
FNSACC416 Set up and operate a computerised accounting system 80 $0.00
FNSACC408 Work effectively in the accounting and bookkeeping industry 40 $0.00

This program involves accredited units.  You will be required to complete assessment tasks to demonstrate your underpinning knowledge, skills and attributes to meet the units outcomes.  A combination of written, oral and practical assessment strategies will be used in either a classroom or online. Some assessments for this program will be supervised in an exam environment. 

After applying

Once you have applied for your chosen course, you will receive a thank you email from South West TAFE with a few steps to help process your enrolment.

Complete a Pre-Training Review
You will receive an email to complete a Pre-Training Review online evaluation. This evaluation helps us tailor your training to suit your needs.

Create or provide a Unique Student Identifier (USI)
A USI is a nationally recognised reference number that provides an online record of your training qualifications gained in Australia.
Create your USI
Already have a USI but can’t remember it? Find your USI

Skills recognition
If you have experience or prior qualifications, you may be eligible to apply for recognition of prior learning and gain credits. You will be asked to provide any relevant Statement of Attainment to support identified credits.


There is no government funding associated with this program. The cost of the Accounting Principles Skill Set Program is:

Fee type Indicative Course Fee
Tuition fee $2100
Consumable/Material fee $200

How do I pay my fees?

Once we have processed your enrolment form, you will receive an email with your invoice.

You have three options when organising your payment:

  1. Upfront payment - can be made over the phone with EFTPOS
  1. Payment plan - can be directly debited from your bank account, debited from your Centrelink payments or via a VET Student Loan (for diploma or advanced diploma courses only)
  1. Paid by employer, school or job network agency - if your fees are being paid by your employer, school or job network agency, you will need to complete an Authority to Invoice form.

Payments will need to be arranged within five(5) business days of receiving the email containing your invoice.

We also offer a range of scholarships each year which you may be eligible to apply for to assist with course fees.

Next Steps
How to apply

To be eligible to enrol in this course, you must complete the following steps:

  1. Attend a compulsory information session - you will need to complete a short questionnaire at this session.
    View upcoming information session dates and register your attendance
  2. Apply - click the apply now button on the South West TAFE homepage or course page. You will need to fill out a short application form and will be sent a thank-you email once submitted.
  3. Complete a Pre-training Review - your thank-you email will contain a link to complete a pre-training review. 
  4. Attend an interview - we will contact you to arrange an interview time (in person or over the phone).
  5. Successful applicants notified post-interview - we will contact you with an offer to enrol.

If you are entering this course directly from secondary school you must have completed Year 12.

Careers and Course Advice

Not sure which course is right for you? South West TAFE will help you find your way.

Our Careers Coaches at the Skills and Jobs Centre is here to support you. Whether you’re exploring career options, transitioning from school to the workforce or looking to study after school we’re here to help you.

Student Support

As a SWTAFE student, you can access a variety of support services that will enhance your study experience and help you complete your studies successfully. For more information about any of these services, visit our student page.