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Diploma of Practical Accounting (Higher Education)

  • Diploma

Each unit of the diploma has been designed to give you insight into the types of activities that an accountant would be required to fulfil within the workplace.

Key details

Degree Type
Diploma
Course Code
099236F
Domestic Fees
$14,000 per year / $16,350 total
International Fees
$15,000 per year / $17,475 total

About this course

Each unit of the diploma has been designed to give you insight into the types of activities that an accountant would be required to fulfil within the workplace.

You will be exposed to a careful integration of theory, knowledge and skills to ensure that you will gain the necessary experience and exposure to accounting practice to ensure a smooth transition into the workplace. Extensive hands-on experience in the use of Mind Your Own Business (MYOB) software, Perdisco online practise set and preparation of Business Activity Statements (BAS) are an integral part of the course.

You will also have the necessary academic foundations to continue to a relevant undergraduate higher education program at a university or private provider of higher education.

While there are numerous diplomas and bachelor of accounting degrees within the industry, Stott's Diploma of Practical Accounting course is unique as it integrates all eight units within a practical accounting laboratory designed to simulate the work of accountants in the workplace.

Entry requirements

Completed Year 12 or equivalent. The minimum age is 18 years old.

International students must also demonstrate that they have English language ability equivalent to IELTS 6.0 (Academic).

Competency to IELTS 6.0 means that the student has documentary evidence of having completed an IELTS exam at an official IELTS testing centre or an equivalent recognised English language test, within the previous twelve months of the student's proposed start date for the Bachelor programs and that the student was given an overall score of 6 with no single band lower than 5.5 (see policy - International Student Admission - Higher Education).

Applying for Credit Transfer:

If you have completed prior tertiary studies, you may be eligible for some credit exemptions. For further information, please refer to our Credit Transfer Policy.

Study locations

Perth Campus

Melbourne City Campus

Career pathways

Diploma of accounting graduates have a history of being employed as accountants within public practice as taxation accountants, trainee accountants and auditors and bookkeepers. They also play important roles in the corporate sector as payroll, receivable and payable clerks.

Moreover, graduates of the Diploma of Practical Accounting will not be confined to careers only within the accounting industry, and may take on compliance, IT, management and marketing roles as many other sectors and industries recognise the importance accounting skills and knowledge.

Professional Recognition

The Diploma of Practical Accounting course covers Tax Practitioners Board (TPB) approved units in Practical Preparation of Financial Statements, Preparation of Tax Documentation and Accounting Information Systems, completion of the course would meet the studies required on top of the other requirements to be eligible for Registration as BAS Agents.

Course structure

The following table shows the suggested sequence of units studied. Students must complete all eight units in order to graduate.

Students attend the college 12 hours per week over 2 -3 days.

 

Year 1

 

Semester 1

 

PBD101

Practical Accounting for Business Decisions

MAN101

Introduction to Management

 

 

AIS101

Business Information Systems for Accountants

MRK101

Introduction to Marketing

Semester 2

 

BCA102

Business Communication for Accountants

PTD101

Preparation of Tax Documentation

 

PFS101

Practical Preparation of Financial Statements

 

AIS101

Accounting Information Systems

 

Pre-requisites:

PBD101 Practical Accounting for Business Decisions is a pre-requisite for PTD102 Preparation of Tax Documentation.

AIS101 Business Information Systems for Accountants is a pre-requisite for AIS102 Accounting Information Systems and PTD102 Preparation of Tax Documentation.

To be eligible for the aware of Diploma of Practical Accounting, students must acquire 8 units (120 credit points) as prescribed below:

 

PBD101 Practical Accounting for Business Decisions MAN101 Introduction to Management AIS101 Business Information Systems for Accountants MRK101 Introduction to Marketing BCA102 Business Communication for Accountants PTD102 Preparation of Tax Documentation PFS102 Practical Preparation of Financial Statements AIS102 Accounting Information Systems