Bookkeeping Diploma

FNS1 Prepare financial statements

This unit covers the competency to identify skills and outcomes with the development of financial reports for non-corporate organizations that are not reporting entities

FNS2 Maintain asset and inventory records

This unit covers the competencies needed to set up and use an asset register

FNS3 Develop and implement policies and practices relevant to bookkeeping activities

This unit describes the performance outcomes, skills, and knowledge required to develop, implement, and maintain policies and practices to ensure that a quality service is provided for bookkeeping activities

FNS4 Establish and maintain a cash accounting system

This unit involves the process of both establishing and maintaining a cash accounting system for an organization or organization. It relates to activities undertaken when an individual first carries out activities or services for an organization, as well as maintaining cash accounts on an ongoing basis

FNS5 Establish and maintain an accrual accounting system

This unit requires the application of skills and knowledge to reconcile and monitor an accrual accounting system. The unit encompasses setting up accounting systems; establishing debtors and creditors, bad debt and contra entries; reconciliations; reviewing compliance terms and conditions; planning a recovery action and preparing reports; and filing documentation

FNS6 Carry out business activity and installment activity statement tasks

This unit describes the performance outcomes, skills, and knowledge required to carry out tasks related to Business Activity Statements (BAS) and Instalment Activity Statements (IAS), including the completion of Activity Statements

FNS7 Communicate in the workplace

This unit covers the competency of written and oral communication in the work environment

FNS8 Use technology in the workplace

These units cover the competencies to effectively and effectively use technology and equipment in the workplace

FNS9 Apply principles of professional practice to work in the financial services industry

This unit covers the fundamental skills needed for employment and the application of industry and company procedures, guidelines, policies, and standards in a daily work context within the financial services industry

Bookkeeping I & II (Short Course Units)

Introduction to bookkeeping/bookkeeping principles

On successful completion of the course you will receive:

• A graduation certificate officially recognizing your successful completion of studies and qualifications as a bookkeeping professional
• Transcripts indicating units completed
• Letter of recommendation and validation for current and future employers
• Post-nominal letters placed after your name which indicate that you hold the relevant qualification. For example: John Smith, DipBKeep

Career prospects for bookkeepers are bright as they are very much in demand as they are a crucial component of any business. Graduates are able to seek a career as a professional contract bookkeeper, or permanently paid bookkeeper, either working under the direction of a tax agent/public accountant, for a bookkeeping business or franchise, as a permanently paid bookkeeper (working for enterprise), or in their own bookkeeping business.

Bookkeepers are employed in a wide range of industries including finance, property, business services and ALL other areas of business and government.

This entire course is carried out via Distance Learning (also known as correspondence learning). Distance learning is ideal if you need to adapt to work, family, or other commitments. It is also extremely beneficial should you wish to fast-track your studies (and career) and not be locked into a timetable.

Our course content and learning experience ensure that your course is relevant and interesting. Learning, tutorial assistance, and assessments occur whenever and wherever you are in the country or world. It takes place at your own pace on your terms to fit your lifestyle. As an ICI student, you’ll never endure a pop quiz, spend countless hours and hundreds of dollars traveling, and never be late for an assignment or class.

Course Length

ICI courses allow you to study at your own pace with no assignment deadlines. This means that you determine the pace of the course and within which period you will ultimately complete your studies in.

• Completing your course with ICI is flexible as you can fast-track and graduate in a matter of months. You complete activities and submit assignments whenever you are ready
• The maximum time given to complete a program is three years.