About UPC
Courses and Programs
Studying at UPC
About Australia
Students
Contact Us
Home


FINANCIAL SERVICES ACCOUNTING

Certificate III in Financial Services (FNS30304)
(Accounts Clerical)
You will study a wide variety of subjects that have an immediate application for a career in the financial services.


Diploma of Accounting (FNS50204)
You will learn how to introduce and maintain accounting systems,prepare financial statements, prepare tax returns and report on business performance.


For information on UPC Course Fees and Intake Dates click here

Download a Financial Services Accounting leaflet here
 		   





More detailed information follows below


UPC Business Program
Accounting Courses

University Preparation College (UPC) offers courses in Book-keeping and Accounting at the Certificate III and Diploma Levels. Our courses are nationally recognised qualifications through the Australian Government's Vocational Education and Training Advisory Board (VETAB) of New South Wales.

Our courses are registered CRICOS courses for overseas students.

The UPC Accounting courses are designed to maximise both the academic and professional pursuits of students by creating pathways to employment opportunities and further education at university.

There is a demand for skilled people in Business and Accounting

There is a demand for skilled accounts people in all types of Australian business – from small business to corporate companies. Students with a second language and knowledge of Australian business and tax arrangements are valued in many businesses that deal with overseas branches or customers with limited English language.
General Course Information

All the UPC Accounting courses are offered at our College in a mix of evening and daytime classes that suit students who combine working and studying. The Certificate III in Financial Services (Accounts Clerical) is offered as a 6 month full time course.

Exit at this point and you will be qualified to work as:

  • Accountants payable
  • Accounts receivable
  • Payroll clerk
  • Cashier
  • Bookkeeper

    The Diploma of Accounting is offered as a combined course over 1 year for overseas students.

    Exit at this point and you will be qualified to work as:

  • Accountant in a small business
  • Finance manager
  • Senior financial clerk
  • Audit clerk
  • Tax clerk
  • Cost clerk
  • Bookkeeper

    Students enrolling in the full 1 year Diploma course may progress to further study with advanced standing in a university degree.

    Entry requirements

    All Accounting courses commence with entry subjects at Certificate III level and progress through to the chosen exit point. So the entry requirements are the same for each course.

    Entry for Local students:

    Education – The Higher School Certificate (HSC) or an equivalent Senior Secondary School completion.

    Entry for Overseas students:

    Education - The Higher School Certificate (HSC) or an equivalent Senior Secondary School completion.

    English Language Proficiency- Successful completion of English for Business and IT at UPC or successful completion of 10 weeks of English at the Intermediate level at UPC or IELTS (International English Language Testing System) proficiency level of 5.5 or above.

    Course Structure and Assessment

    The Accounting courses are structured around four 9-week terms (36 weeks per calendar year). Typically, you would complete 2 - 3 subjects per term, depending on the electives. These subjects are completed via a combination of lecture and tutorials. Assessment is competency-based and varies from one subject to another but will include case studies, knowledge tests and exams and practical accounting project work.

    Course Content The core Subjects for Accounting focus on areas such as business communication and practice, Computerised Accounting, Financial Services Professional Practice, Company Financial Management, Corporate Governanceand Tax Planning. A student with no previous training or experience can enrol in the full year program and progress through the subjects, starting at entry level and pre-requisites through to Diploma. The list of Subjects at each level is shown below.

    Attend classes at the College

    You attend this course during the day for Cert III between 8.30 - 4.30pm and for Diploma a day/night combination, 8.30 - 4.30 and 4.45 -9pm.

    The lecture and tutorial times will vary depending on the subjects.

    Recognition

    Student who have successfully completed any units of these qualifications at an other RTO or through other forms of formal study or overseas qualifications may be eligible for recognition in our courses. Please discuss this with our staff prior to enrolment.

    Successful recognition may result in a shorter course with advanced standing for some subjects.

    Skills Recognition

    If you have work experience or life experience and can document and demonstrate that this experience means you have knowledge and skills that meet the competencies in our course subjects, then you may be eligible for skills recognition. This may reduce the length of your course. Please discuss this with our staff prior to enrolment.

    Overseas students that gain recognition will have their course length and student visa duration reduced and course fees may be adjusted.

    Read more about Recognition and download our application forms in the general information section of the website.

    Articulation, Credit Transfers and Learning Pathways

    UPC Diploma graduates in Accounting can continue their studies in Finance accounting, commerce or business courses in the second year of a related undergraduate program at most Australian Universities, provided they meet all the University's requirements. If you are interested in this pathway, please make inquiries at UPC.


    To download details of UPC articulation (PDF) click here


    Course Length

    Certificate III in Financial Services – 6 months

    Diploma of Accounting – 1 year

    UPC Accounting Subjects



    ACCOUNTING  Subject Chart 

    		 

    Qualification

    Level

    Subject

    Certificate III

    in Financial Services

    Diploma

    of Accounting

    CERTIFICATE

    III

    6 months

    2 terms

    AC1

    Financial Services Industry

    P

    P

    AC2

     Accounting 1 introduction

    P

    P

    AC3

     Accounting 2 Payroll

    P

    P

    AC4

    Computerised Accounting

    P

    P

    AC5

     Tax and Legal 1 - Business tax

    P

    DIPLOMA

    1 year

    4 terms

    AC6

    Financial Services Professional Practice

    		 

    P

    AC7

    Accounting Information Systems

    		 

    P

    AC8

    Accounting 3 Business Practice

    		 

    P

    AC9

     Tax and Legal 2 - Legislation

    		 

    P

    AC10

     Tax and Legal 3 - Income Tax

    		 

    P


    Certificate III in Financial Services (Accounts Clerical)
    Description

    The Certificate III in Financial Services is a nationally recognised course that will provide you with practical training in the accounting discipline. Students will under a wide variety of subjects that have immediate application for a career in the financial services industry.

    This qualification provides students with practical training in bookkeeping for business. You will study a wide variety of subjects that have immediate application for a career in the financial services industry.
    In this course you will learn about working in the Australian Financial Services Industry, Introduction to Accounting, Payroll and Computerised Accounting plus Business Taxation.

    Course Length: 6 months

    Job Roles

    Accounts Payable/Accounts Receivable

  • Payroll clerk
  • Cashier
  • Bookkeeper
  • Eft/E-Business accounts clerk
    UPC students who receive this award will complete the following Subjects:

    Subject Code

    Subject Name

    Unit Code

    Unit Name

    AC1

    Financial Services Industry

    FNSICIND301A

    Work in the financial services industry

    FNSICGEN301A

    Communicate in the workplace

    FNSICGEN304A

    Apply health and safety practices in the workplace

    AC2

     Accounting 1 introduction

    FNSICACC304A

    Prepare and bank receipts

    FNSICACC306A

    Process journal entries

    FNSICGEN305A

    Maintain daily financial/business records

    BSBCMN308A

    Maintain financial records

    BSBADM408A

    Prepare financial reports

    BSBCMN214A

    Create and use simple spreadsheets

    AC3

     Accounting 2 Payroll

    BSBADM308A

    Process payroll

    AC4

    Computerised Accounting

    FNSACCT407A

    Set up and operate a computerised accounting system

    FNSICGEN302A

    Use technology in the workplace

    AC5

     Tax and Legal 1 - Business tax

    FNSACCT401A

    Process business tax requirements

    •  
    Diploma of Accounting

    Course Length: – 1 Year


    The Diploma of Accounting course will provide you with practical training in the accounting discipline.

    The program is based upon the principles of competency-based assessment and flexible delivery, offering participants greater flexibility to enter into, progress through, and exit from the program in a manner that suits their needs.

    In this course you will learn how to perform duties such as: introducing and maintaining accounting systems, maintaining internal control systems, preparing financial statements for a reporting entity, preparing tax returns, reporting on business performance, managing small teams, developing business plans, and preparing management accounting reports.


    Job Roles

  • Accountant in a small business
  • Finance manager
  • Senior financial clerk, audit clerk , tax clerk, cost clerk


    UPC students who receive this award will complete the following Subjects:

    Subject Code

    Subject Name

    Unit Code

    Unit Name

    AC1

    Financial Services Industry

    FNSICIND301A

    Work in the financial services industry

    FNSICGEN301A

    Communicate in the workplace

    FNSICGEN304A

    Apply health and safety practices in the workplace

    AC2

     Accounting 1 introduction

    FNSICACC304A

    Prepare and bank receipts

    FNSICACC306A

    Process journal entries

    FNSICGEN305A

    Maintain daily financial/business records

    BSBCMN308A

    Maintain financial records

    BSBADM408A

    Prepare financial reports

    BSBCMN214A

    Create and use simple spreadsheets

    AC3

     Accounting 2 Payroll

    BSBADM308A

    Process payroll

    AC4

    Computerised Accounting

    FNSACCT407A

    Set up and operate a computerised accounting system

    FNSICGEN302A

    Use technology in the workplace

    AC5

     Tax and Legal 1 - Business tax

    FNSACCT401A

    Process business tax requirements

    AC6

    Financial Services Professional Practice

    FNSICIND401A

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

    AC7

    Accounting Information Systems

    FNSACCT505A

    Establish and maintain accounting information systems

    AC8

    Accounting 3 Business Practice

    FNSACCT501A

    Provide financial and business performance information

    FNSACCT503A

    Manage budgets and forecasts

    FNSACCT504A

    Prepare financial reports for a reporting entity

    FNSACCT507A

    Provide management accounting information

    FNSACCT506A

    Implement and maintain internal control procedures

    AC9

     Tax and Legal 2 - Legislation

    FNSACCT404A

    Make decisions within a legal context

    AC10

     Tax and Legal 3 - Income Tax

    FNSACCT502A

    Prepare income tax returns

    •