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.
Higher Education Diploma:
This course is a Higher Education Diploma.
What is the difference between a Higher Education Diploma and Vocational Education Training (VET) Diploma?
In essence, the employment market looks at these qualifications quite differently. In VET, the Diploma graduate demonstrates competency through a more technically based framework, and is assessed accordingly. Employment opportunities are normally offered through the match of the technical knowledge and practical skills obtained, to the job or defined task required within the industry.
In higher education, the graduate attributes are gained through critical enquiry and an in- depth scholarly discussion. The graduate can move into other higher education qualifications or pursue positions in management that can draw upon analytical thinking, decision-making and problem-solving capabilities. These opportunities are not limited by technical restraints, so there may be more opportunities available, especially in growth industries.
There is an increasing demand for Higher Education qualifications both through government policy and market forces.
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.
Practical Accounting for Business Decisions
Introduction to Management
Business Information Systems for Accountants
Introduction to Marketing
Business Communication for Accountants
Preparation of Tax Documentation
Practical Preparation of Financial Statements
Accounting Information Systems
PBD101 Practical Accounting for Business Decisions pre-requisite to PTD102 Preparation of Tax Documentation.
AIS101 Business Information Systems for Accountants 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:
||Practical Accounting for Business Decisions
||Introduction to Management
||Business Information Systems for Accountants
||Introduction to Marketing
||Business Communication for Accountants
||Preparation of Tax Documentation
||Practical Preparation of Financial Statements
||Accounting Information Systems
For entry into first year
Evidence of successful completion of a Senior Secondary Certificate of Education to Year 12 or equivalent. This includes all Commonwealth State and Territory final year secondary school certificates of education, or international equivalent.
A clearly-in ATAR of 50.00 or its equivalent and/or satisfactory completion of one year of full-time study at an approved institute of tertiary education.
Mature Age Entry
Mature age students who demonstrate a capacity for successful study at a tertiary level through employment or educational experience, as judged by the Academic Board, may be admitted to the Bachelor courses.
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.
For pathway students, upon completion of the course, students will be exempted 8 units in Bachelor of Business (Accounting) at Stott’s.
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.
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.
View all dates here. *The intake dates will be uploaded, once we have the course approved.
Full fee: $14,000 per year
$1,750 per unit
Administration fee – $200
Materials fee – $400
Click here to view 2018-19 subject fee schedule.
FEE-HELP is a loan scheme available to eligible full fee paying higher education students, which assists with the payment of part or all of their student contribution. Repayment of the loan is through the Australian taxation system once their income goes above the designated threshold. Voluntary repayments may be made at any time, regardless of income. There is a loan fee of 25% for FEE-HELP loans for undergraduate courses. For further information refer to http://studyassist.gov.au.
How to Apply:
Find the course(s) that meet your interests and needs and follow these steps.