Certificate IV in Accounting

FNS40222 Certificate IV in Accounting and Bookkeeping (Release 2)Duration 52 weeks (12 weeks break inclusive)

CRICOS Course Code: 109997M

This qualification reflects the role of individuals in the accounting and bookkeeping industry, including business activity statement (BAS) agents and contract bookkeepers; and of those employees performing bookkeeping tasks for organisations in a range of industries.

It includes preparing and lodging business and instalment activity statements, data processing, monthly reconciliations, preparing budgets, preparing reports on financial performance and the position of the business, preparing end-of-year adjustments, and finalising financial records after year-end. Dealing with the Commissioner of Taxation on behalf of a taxpayer in relation to activity statements and other lodgement matters is also a key component of the role that this qualification reflects.

Individuals in these roles apply theoretical and specialist skills and knowledge to work autonomously, and exercise judgement in completing routine and non-routine activities.

Employment Pathway

Job roles and titles vary across different industry sectors. Possible job titles relevant to this qualification include:
• Payroll Clerk
• General Clerical Assistant
• Bookkeeper
• Accounts Receivable Clerk
• Accounts Payable Clerk

Pathways from the qualification

After completing this qualification, students may articulate into further study Diploma of Accounting offered by any RTO, or they may have opportunities to continue their studies in Bachelor’s Degree programs offered by Higher Education providers.

Entry Requirements

• [Age Requirement]: Be 18 years old or over

• [Knowledge Requirement]: Students who intend to enrol in this course must prove their successful completion of Certificate III in Accounting or equivalent, or prove their satisfactory completion of Australian Year 12 or international equivalent, or has completed any Certificate III level qualifications under AQF (LLN test is required if the applicant's qualification is no in business field), or have industry experience in accounting or any relevant financial service with a minimum of 2 years.

• [English Requirement]: For international students, IELTS overall 5.5 or its equivalent (TOEFL/PTE/Cambridge English are acceptable), OR complete Australian ELICOS course at upper intermediate level, OR complete any AQF Certificate III course (or above) taught in English, OR pass the SIBC English placement test at upper intermediate level (at least 60 points out of 100) unless your nationality is the US, UK, New Zealand, Canada or Ireland.

Delivery and Assessments

This qualification is delivered in an institution-based environment with face-to-face delivery (20 hours per week). The mode of training is highly practical with a combination of in-class learning activity, class demonstration, class tutorial/workshop and self-paced learning. In addition to your face-to-face hours, you will be required to allocate 5 hours per week for structured self-paced learning in your own time.

SIBC draws on a range of assessment methods such as knowledge questions, research tasks, role-plays, case studies and observations. Depending on the unit requirements, a combination of methods is used to ensure collection of sufficient and valid evidence.

You will be required to complete some assessment tasks during your face-to-face hours and in your own time. A total of 5 hours per week is required for completing assessment in your own time.

Course structure

Duration: 40 tuition weeks. (52 Weeks include break) The course consists of 13 units and is clustered into 4 groups in order to be delivered within 4 terms of full-time study load. The term duration is 10 weeks.

Please refer to the unit description on https://training.gov.au/Training/Details/FNS40222.

Note: please refer to the prior to enrolment kit for the course fee, cancel & refund policy, the enrolment term and condition, and the student welfare support service provided.

Core Units

BSBTEC302	Design and produce spreadsheets
FNSACC321	Process financial transactions and extract interim reports
FNSACC322	Administer subsidiary accounts and ledgers
FNSACC412	Prepare operational budgets
FNSACC414	Prepare financial statements for non-reporting entities
FNSACC418	Work effectively in the accounting and bookkeeping industry
FNSACC421	Prepare financial reports
FNSACC426	Set up and operate computerised accounting systems
FNSTPB411	Complete business activity and instalment activity statements
FNSTPB412	Establish and maintain payroll systems

Elective Units

BSBWRT311	Write simple documents
BSBTEC301	Design and produce business documents
BSBOPS304	Deliver and monitor a service to customers