Certificate IV in Accounting and Bookkeeping (FNS40222)
Learn skills and knowledge in maintaining accounting and payroll processes, business tax requirements, financial reporting and budgeting.
Course Information
The course is designed to be completed within 12-months. You will learn the knowledge and skills required to perform tasks as a bookkeeper, or in entry-level accounts administration roles in accounting. You will learn about complying with the regulations of the financial services industry, how to prepare financial reports and statements, and how to perform financial calculations. The course will also cover accounting and payroll systems, accounts and ledgers, financial transactions, as well as business taxation requirements.
Whether you want to be a registered BAS agent, run a bookkeeping business, or work in the accounting, banking or financial services industry, this qualification can open doors and create rewarding opportunities for you.
What you will learn
Prepare financial reports and statements.
Establish and maintain accounting systems.
Carry out payroll functions in accordance with Commonwealth and state requirements.
Prepare statements, budgets and reports.
Develop bookkeeping and payroll management system.
Execute tax operations in compliance with Australian tax legislation.
Why study this course
- Graduate with a nationally recognised qualification
- Learn from and be supported by industry professionals with years of experience
- Learn at any time of the day, in the comforts of your own home or office
- This course meets the Tax Practitioners Board’s current educational requirements for registered BAS agents (additional eligibility criteria applies) – visit the TPB website for more information
- Whether you want to learn the required accounting skills and knowledge to register as a BAS agent, or undertake BAS responsibilities for your business, this online course can help equip you with the knowledge and skills you need
BSBTEC302 | Design and produce spreadsheets | Core |
FNSACC321 | Process financial transactions and extract interim reports | Core |
FNSACC322 | Administer subsidiary accounts and ledgers | Core |
FNSACC323 | Perform financial calculations | Elective |
FNSACC405 | Maintain inventory records | Elective |
FNSACC411 | Process business tax requirements | Elective |
FNSACC412 | Prepare operational budgets | Core |
FNSACC414 | Prepare financial statements for non-reporting entities | Core |
FNSACC418 | Work effectively in the accounting and bookkeeping industry | Core |
FNSACC421 | Prepare financial reports | Core |
FNSACC426 | Set up and operate computerised accounting systems | Core |
FNSTPB411 | Complete business activity and instalment activity statements | Core |
FNSTPB412 | Establish and maintain payroll systems | Core |
After finishing this program, you'll be equipped to seek entry-level positions in accounting and bookkeeping roles, or opt for advanced studies in the accounting field. The completion of the Certificate IV in Accounting and Bookkeeping fulfills the essential educational criteria for registration as a BAS agent in Australia, meeting the standards set by the Tax Practitioners Board under the Tax Agent Services Act (2009).
Online: You have up to 12-months to complete your course. This is a self-paced, Trainer-supported method of learning. We recommend you spend approximately 10-hours a week reading the course material and completing the assessment tasks given to ensure you complete the course within 12-months.
Please note. The above recommended study hours are indicative only. This time would be reduced if you have pre-existing knowledge and experience in taxation. Edna Training College is also able to support students who may require additional time. Should you require reasonable extensions to complete the training program, you simply have to reach out to our Administration & Support personnel who will be more than happy to assist!
- Be aged 18 years or over;
- Have suitable language, literacy, numeracy and technological skills to be able to carry out tasks such as to:
- Interpret, analyse and evaluate information that may deal with complex ideas to determine legislative and business requirements,
- Present information, ideas and concepts to a range of audiences using structure and language to suit the audience,
- Use a wide range of mathematical calculations to analyse numeric information in budgets, financial plans and other financial documents, and
- Utilise an online learning platform with ease – this involves being able to upload documents or videos onto the platform, navigate the platform looking for the unit content and assessments, access resources on the platform and communicate with others through the platform;
- Have access to a computer with Microsoft Office Word, Excel and PowerPoint installed; and PDF reader capabilities;
- Have access to a computer with a working web camera and microphone; and
- Have access to an internet connection.
We do not believe in our students learning for the sake of passing their assessments. This is why the assessments structured for this course are conducted using a combination of realistic workplace simulated practical tasks and projects, written reports, and knowledge questions!
The following provides a brief explanation of the assessment methods that are to be applied:
- Knowledge Questions: The student is required to individually complete a set of questions. The student may research their answers from the course training materials and notes as well as relevant workplace references.
- Written Reports: The student is required to produce a range of written records or reports based on real workplace scenarios or based on a case study that is provided by the Assessor. This will usually require the student to consider carefully the situation presented, undertake some research to inform their response, and then to propose their recommended actions.
- Projects: The student is required to undertake a range of projects on a case study or scenario that is provided by the assessor. A project will require the creation of various workplace documents and these could include financial plans and budgets.
- Practical Tasks: The student is required to demonstrate a range of skills whilst being observed by the assessor. This will usually require the student to consider carefully the situation presented, undertake some research to inform the response, and they may be required to demonstrate that they are able to complete the practical tasks through a role-play or presentation activity.
As required under the Tax Practitioners Board, at least 40% of the assessment for the FNSTPB411 and FNSTPB412 units are to be undertaken under some form of independent supervision. This means that there are two assessments (lasting 2-hours each), which will be undertaken online, whereby one of our assigned invigilators will supervise you throughout the duration of each assessment. Your web camera and microphone must be switched on at all times throughout the duration of each assessment and you must produce a valid passport or driver’s licence to confirm your identity at the start of each assessment. It is important to note that you will still be able to refer to your notes and your learning materials during this assessment and assessment date and time bookings must be made at least 1-week in advance.