FNS50422 Diploma of Payroll Services

The Diploma of Payroll Services is a nationally recognised qualification under the government’s Financial Services Training Package. The Diploma finally recognises payroll services as a professional career.

The Diploma is a great opportunity for current payroll providers to formalise current skills and knowledge and gain the recognition they deserve. The Diploma is also beneficial for business owners, managers and admin personnel aiming to master the complexities of payroll, such as the essential accounting, procedural and legislative requirements necessary to perform and manage payroll effectively.

Payroll is an important function requiring specialised skills and knowledge that can be gained through our NEW nationally recognised qualification.

About the course

This qualification reflects the job roles of workers who perform payroll administration and payroll management tasks in a variety of industries. It includes establishing payroll systems and using them to perform sometimes complex tasks, including preparing salary packaging arrangements and additional allowances, processing superannuation payments, and processing employee terminations. Individuals in these roles apply solutions to a range of often complex problems, and analyse and evaluate information from a variety of sources, including relevant legislation and taxation systems. They apply initiative to plan, coordinate and evaluate their own work and provide guidance to others within defined guidelines

What will I Learn?

• Cognitive and communication skills to identify, analyse, synthesise and act on information from a range of sources
• Cognitive, technical and communication skills to analyse, plan, design and evaluate approaches to unpredictable problems and/or management requirements
• Specialist technical and creative skills to express ideas and perspectives
• Communication skills to transfer knowledge and specialised skills to others and demonstrate understanding of knowledge.
• Establish and maintain payroll systems

Entry requirements

There are no specified entry requirements for this qualification specified within the Financial Services Training Package.

Noting this, ISM does require persons who undertake this course to:

• Be aged 18 years or over at the time of enrolment
• Have access to internet, office equipment, technology, software and consumables, integrated financial software systems, legislation and industry material
• Participate in an initial interview to evaluate language, literacy and numeracy skills and determine suitability for the course.
• Complete the Language, Literacy & Numeracy (LLN) Assessment
• Complete the Pre-course Evaluation Form (where required)
• Complete the Induction Program.
• Possess suitable language, literacy and numeracy skills to read and comprehend learning materials and perform tasks related to recording industry routines, maintaining computerised systems, providing written feedback to stakeholders, recording transactions and financial information, interpreting workplace policy and procedure, reporting hazards, and complying with legislation.

How is this course delivered?

You can complete this course online.

Duration

We understand that each learner has individual requirements and likes to study at their own pace. We would expect this course to take anywhere from 12 months to complete. 

If you have any questions, please use the Contact Us form to the right or you can contact our friendly Admin Team on 1300 200 705