Accounting
Accounting, is the measurement, processing, and communication of financial and non-financial information about economic entities such as businesses and corporations. Accounting, which has been called the “language of business,” measures the results of an organization’s economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants.
This qualification reflects accounting job roles in financial services and other industries requiring accounting support functions. Individuals in these roles apply theoretical and specialist knowledge and skills to work autonomously and exercise judgement in completing routine and non-routine activities.
There is no direct link between this qualification and licensing, legislative, or regulatory requirements. However, where required, a unit of competency will specify relevant licensing, legislative, and regulatory requirements that impact the unit.
Persons providing a business activity statement (BAS) service must be registered by the Tax Practitioners Board, and this qualification is currently cited as meeting the educational requirements for registration. Other conditions apply, including a designated period of experience. Persons seeking BAS agent registration should check the current registration requirement with the Board, as this is reviewed regularly.
This syllabus is designed according to the Australian Qualification Framework (AQF) and local standards.
Program fee:
- Program fee: Rs.60,000/=
- Payment method: Two installments (1st payment = Rs.40, 000/=, 2nd payment = Rs.20, 000/=)
- Introduction of the double-entry system
- Design and produce business documents.
- Contribute to the health and safety of yourself and others.
- Write simple documents.
- Process financial transactions and extract interim reports.
- Administer subsidiary accounts and ledgers.
- Perform financial calculations.
- Work effectively in the financial service industry.
- Prepare a financial report.
- Prepare the operational budget.
- Prepare a financial statement for non-reporting entities.
- Set up and operate a computerized accounting system.
- Carry out business activity and installment activity statement tasks.
- Apply principles of professional practice to work in the financial services industry.
- Establish and maintain a payroll system.
- Process payment documentation
- Prepare, match, and process receipts.
- Monitor and control accounts receivable.
- Administer the fixed asset register.
- Process business tax requirements
- Develop and use complex spreadsheets.
- Evaluate and authorize payment requests.
- Completion of G.C.E. O/L or equivalent
- English with the Sinhala Language
- January / June
- Duration – 6 months + Internship With salary paid ( 3 months )
- Face to face, computer-aided
- Combination and theory Practical and Project Assessment
- Diploma of Accounting
- Accounts Clerk, Payroll Assistant, Documentation Executive, Receivable Officer, Inventory Controller, Debt collectors.
This qualification reflects professional accounting job roles in financial services and other industries. Individuals in these roles apply solutions to a range of complex problems and analyze and evaluate information from a variety of sources. They apply initiative to plan, coordinate, and evaluate their own work and provide guidance to others within defined guidelines.
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide companion volume or the relevant regulator for specific guidance on requirements.
This qualification includes units that comprise an approved Tax Practitioner Board (TPB) course in Australian taxation law and commercial law. Persons seeking registration with the TPB should check current registration requirements with the Board.
This syllabus is designed according to the Australian Qualification Framework (AQF) and local standards.
Program fee:
- Program fee: Rs.80,000/=
- Payment method: Two installments (1st payment = Rs.50, 000/=, 2nd payment = Rs.30, 000/=)
- Introduction to Statistics
- Provide financial and business performance information.
- Prepare tax documentation for individuals.
- Manage budgets and forecasts.
- Prepare financial reports for cooperating entities.
- Implement and maintain internal control procedures.
- Provide management accounting information.
- Financial ratio analysis
- Prepare financial reports to meet statutory requirements.
- Lead effective workplace relationships.
- Establish and maintain accounting information systems.
- Prepare financial reports, process financial transactions, and extract interim reports.
- Completion of G.C.E. A/L or Certificate in Accounting or equivalent
- English with the Sinhala Language
- January / June
- Duration – 9 months + Internship With salary paid (3 Months )
- Face to face, computer-aided
- Combination and theory Practical and Project Assessment
- Advanced Diploma of Accounting
- Accounts Clerk, Payroll Assistant, Documentation Executive, Receivable Officer, Inventory Controller, Debt collectors, Collection Supervisor, Account Team Leader
This qualification is designed to reflect the role of individuals working in accounting and seeking professional identification. At this level, individuals are expected to apply theoretical and technical skills in a range of situations and to display initiative and judgment in planning activities. They have autonomy in performing complex operations and can be responsible for planning, coordinating, and evaluating the work of others within broad but generally well-defined parameters.
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide companion volume or the relevant regulator for specific guidance on requirements. This qualification includes units that comprise an approved Tax Practitioner Board (TPB) course in Australian taxation law and commercial law. Persons seeking registration with the TPB should check current registration requirements with the Board.
This syllabus is designed according to the Australian Qualification Framework (AQF) and local standards.
Package Program
We offer a package program for an 18-month study duration, including a 3-month paid internship. After completion, students are eligible to apply for credit exemptions for the Bachelor Program.
Certificate in Accounting + Diploma of Accounting + Advanced Diploma of Accounting
Dual Qualification
We offer a dual qualification program for a 1-year study duration, including a paid internship, for which students are eligible to apply for credit exemption for the Bachelor Program.
Program fee:
- Program fee: Rs.120,000/=
- Payment method: Two installments (1st payment = Rs.80, 000/=, 2nd payment = Rs.40, 000/=)
- Monitor and cooperate in government activities.
- Apply economic principles to work in the financial services industry.
- Interpret and use financial statistics and tools.
- Introduction of Six Sigma
- Business Tax Law
- Business financial reporting and management accounting
- Evaluate the organization’s financial performance.
- Develop and implement a financial strategy.
- Audit and report on the financial system and record
- Develop and manage the financial system.
- Prepare and administer tax documentation for legal entities.
- Prepare and analyze management account information.
- Make a decision in the legal context.
- Implement organizational improvement programs.
- Evaluate financial risk.
- Compliant with financial services legislation and the industry code of practice
- Apply legal principles, incorporation and trust law.
- English with the Sinhala Language
- Completion of G.C.E. O/L or equivalent
- January / June
- Duration – 12 months + Internship With salary paid ( 6 months )
- Face to face, computer-aided
- Combination and theory Practical and Project Assessment
- Bachelor of Accounting, Overseas Education Opportunity in Australia, New Zealand, UK, Canada
- Accounts Manager/ Executive, Payroll Manager, Business Analyst, Overseas Employer