Certificate IV in Accounting & Bookkeeping
- Australian Accredited Qualification
- 100% online | Equivalent to on-campus qualifications
- Overseas students eligible, no visa required
Make your career goals a reality by getting the professional edge you need to excel in the accounting and financial services industry with this nationally recognised course.
This online certificate course was designed in consultation with the industry so that you are equipped with the skills and knowledge the industry needs and wants.
What you will learn
In this online course, you will learn to complete Business Activity Statements (BAS); prepare financial reports, statements, budgets and reports; develop bookkeeping and payroll management systems for organisations and carry out tax and payroll operations according to Australian tax legislation. You will also learn about accounts payable and accounts receivable, administering subsidiary accounts and ledgers, as well as processing business tax requirements.
Why study this course?
- Graduate with a nationally recognised qualification
- Learn from and be supported by industry professionals with years of experience
- 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
What is included in the course fees?
The course fee includes:
- Access to the learning material and assessments online
- Access to a library of videos and study aids on AccountingCoach
- Free MYOB Student software
- A specially developed Ultimate Study Planner
- 1-on-1 Trainer support
- Post-graduation support
This course is delivered by Dolph Business School (RTO No. 41480, CRICOS Provider No. 03642G).
Accounting and bookkeeping industry foundations
FNSACC408 Work effectively in the accounting and bookkeeping industry
- Develop professional working relationships
- Identify compliance requirements and support materials
- Set up and maintain systems to meet compliance requirements
- Work autonomously or in a team to complete work activities
- Develop and maintain own competency
BSBSMB412 Introduce cloud computing into business operations
- Review computing needs in the business
- Investigate cloud computing services to meet business needs
- Develop a plan to introduce cloud computing
- Support implementation of the plan
BSBITU306 Design and produce business documents
- Select and prepare resources
- Design document
- Produce document
- Finalise document
BSBITU402 Develop and use complex spreadsheets
- Prepare to develop spreadsheet
- Develop a linked spreadsheet solution
- Automate and standardise spreadsheet operation
- Use spreadsheets
- Represent numerical data in graphic form
Accounting and bookkeeping essentials
FNSACC312 Administer subsidiary accounts and ledgers
- Review accounts receivable requirements
- Identify bad and doubtful debts
- Review client compliance with terms and conditions and plan recovery action
- Prepare reports and file documentation
- Distribute creditor invoices for authorisation
- Remit payments to creditors
- Reconcile outstanding balances
FNSACC313 Perform financial calculations
- Obtain data and resources for financial calculations
- Select suitable calculation methods and carry out financial calculations
- Check calculations and record outcomes
FNSACC416 Set up and operate a computerised accounting system
- Implement integrated accounting system
- Process transactions in system
- Maintain system
- Produce reports
Budgets and reports
BSBFIA401 Prepare financial reports
- Maintan asset register
- Record general journal entries for balance day adjustments
- Prepare final general ledger accounts
- Prepare end of period financial reports
FNSACC311 Process financial transactions and extract interim reports
- Check and verify supporting documentation
- Prepare and process banking and petty cash documents
- Prepare and process payable and received invoices
- Prepare journals
- Update financial data and systems
- Prepare deposit facility and lodge flows
- Finalise trial balance and interim reports
FNSACC412 Prepare operational budgets
- Prepare budget
- Set budget timeframe
- Document budget
Payroll and tax essentials
FNSACC411 Process business tax requirements
- Maintain accounting records for taxation purposes
- Establish and maintain process for managing business tax returns
- Process business tax returns and lodgements
FNSTPB401 Complete business activity and instalment activity statements
- Identify compliance and other requirements applicable to business activity
- Analyse and apply industry codes of conduct associated with work activities
- Review and apply goods and services tax (GST) implications and code transactions
- Report on payroll activities and amounts withheld
- Reconcile and prepare activity statement
- Lodge activity statement
FNSTPB402 Establish and maintain payroll systems
- Establish payroll requirements
- Record payroll data
- Prepare and process payroll
- Handle payroll enquiries
- Maintain payroll
Our Certificate and Diploma courses are nationally recognised qualifications. This means that they are recognised by all Australian Universities for determining your entry eligibility and course credit.
The course credit you are granted will vary depending on the undergraduate degree you choose to undertake, and the grades you attain for your Certificate or Diploma. Most prestigious universities expect you to maintain a 75-80% average to be eligible for course credit towards your bachelor degree and the time and money saved through a transfer of credits can be substantial!
Upon completion of your Certificate or Diploma program at Dolph Business School, should you wish to continue your studies and apply for an undergraduate degree course, our Student & Administration Support team will assist you with your enrolment application, as well as your advanced standing (course credit) application.
We have credit agreements in place with several universities across Australia which guarantees students entry and credit transfer upon completion of our certificate and diploma courses, and could take up to a year off your bachelor’s degree! These credit agreements are of great importance as outside of these, there is no guarantee of the amount of credit transfer you will receive.
Refer below for more information.
|University||Degree||Course Credit||Approximate Time Saved|
|Bachelor of Accounting||4 units||6-months|
|Bachelor of Business||4 units||6-months|
|Bachelor of Business||4 units||6-months|
Online: You have up to 24-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 accounting and bookkeeping. Dolph Business School is also able to support students who may require additional time.
There are no specified entry requirements for this qualification detailed within the Financial Services Training Package.
Noting this, Dolph Business School requires persons who undertake this course to:
- Be aged 18 years or over.
- Have suitable language, literacy and numeracy skills to be able to carry out tasks at a Certifcate IV level.
Please note. Dolph Business School will engage with persons expressing interest in enrolment to discuss their language, literacy and numeracy skills. Dolph Business School can provide additional learning support to students who require basic assistance. For students who have more fundamental support needs, Dolph Business School can refer these students to a specialist language, literacy and numeracy development provider who can assist students to improve their language, literacy and numeracy skills to enable them to suitably commence the course.
In accordance with the requirements of the Standards for Registered Training Organisations and the National Code, Dolph Business School provides the opportunity for students to apply to have their prior learning and experience recognised towards an accredited qualification or units of competence for which they are enrolled in.
You may have obtained relevant skills and knowledge through prior formal training, workplace training or experience and may reduce the number of units or assessments required to be completed during the program. We will gather information about your prior experience and training history to determine the best pathway for you to achieve competency.
If you are interested in this course and believe you may qualify for course credit, come speak to one of our team members today to find out how we can help you!
You may be awarded a unit of competency based on successful completion of the unit which has been previously awarded either by Dolph Business School or by another Australian Registered Training Organisation.
We do not believe in our students just learning for the sake of passing their exams. This is why the assessment for this course is conducted using a combination of realistic workplace simulated tasks, projects, knowledge tests, and response to case studies – NO EXAMS! The following provides a brief explanation of the assessment methods that are to be applied:
Written Reports / Case Studies.
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. There may be a practical portion for the student to demonstrate a range of skills relevant to the workplace. This could be by way of presentations or role-play activities.
The student is required to undertake a range of projects in the context of his or her own workplace or on a case study that is provided by the assessor. A project will require the creation of various workplace documents (reports, memos, etc.). Projects may have a practical presentation component where the student may be asked to present or role-play the outcomes of their project or research.
The student is required to participate in knowledge tests over the course of his or her study. The student will be required to individually complete the test. The student may research their answers from the course training materials and notes as well as relevant workplace references.
Important: to comply with the TPB’s requirements, some of the assessments for this course will be taken under independent supervision.
|Qualification name||Certificate IV in Accounting & Bookkeeping FNS40217|
|Course duration||Maximum 24 months|
|Qualification level||Certificate IV|
What does a bookkeeper do?
Simply put, bookkeepers do all the financial record keeping you simply do not have the time, knowledge or the expertise to do compliantly. Bookkeepers have to ensure that they keep track of every cent that comes into and goes out of business. Their main tasks involve data entry, expense tracking, invoicing and issuing receipts, payroll, banking, compliance, and financial reporting.
A good bookkeeper is a tremendous asset to any business as not only would they have the knowledge and experience to accurately manage your business’s financial records, but they can also provide valuable insight into any financial matters concerning the business.
In Australia, bookkeepers are also often responsible for lodging a business’s activity statement if they are registered with the Tax Practitioners Board as a BAS Agent. A business activity statement is a crucial tax report that every business is legally required to lodge every month or every quarter, depending on the size of your business.
The bookkeeping industry in Australia
There are approximately 107,700 bookkeepers currently employed across Australia with the majority of bookkeepers working in Victoria, New South Wales, and Queensland. 92.5% of bookkeepers are female and 7.5% of them are male. The unemployment rate for bookkeepers is below average which is a really good sign for the industry and shows that quality bookkeepers are in demand. The largest age group for bookkeepers are those aged 45-54 years old with the average salary for a bookkeeper is $53,636 per annum.
Accredited bookkeeping courses in Australia
Bookkeepers in Australia are required to have a minimum qualification of a Certificate IV in Accounting and Bookkeeping.
In Dolph Business School’s Cert IV Accounting and Bookkeeping program, you will learn the core skills and knowledge required to perform tasks required of a bookkeeper. You will learn to prepare financial reports, process financial transactions, administer subsidiary accounts and ledgers, process business tax requirements and complete business activity and instalment activity statements.
The online certificate IV course is one of the more popular courses as not only do you have the flexibility to learn from the comforts of your own home and in your own time, but you also have the flexibility to complete the course as soon as 6-months (if you invested 20-hours a week) to as long as 24-months (if you only have 5-hours a week to spare)!
The skills and knowledge that you learn in this course can help you find jobs in various areas of accounting, banking and financial services sector such as a bookkeeper, an accounts clerk, a payroll officer or even an accounts administrator! Best of all, the qualification is recognised right across the country meaning this qualification is recognised and accepted by Australian universities and employers!
Bookkeepers looking to progress their career opportunities beyond entry-level roles should consider undertaking a Diploma of Accounting course. It can be a great way to further improve your skills and increase your earning potential whilst opening the door to further opportunities.
Our Diploma of Accounting covers evaluating business performance, preparing tax documentation for individuals, interpret and use financial statistics and tools, prepare financial reports and manage budgets and forecasts. The skills and knowledge that you learn in this course can help you find jobs such as a junior accountant role, a financial analyst role or an auditing role. The course is offered online, blended and on-campus and is recognised and accepted by universities and employers all across the country!
Future prospects in bookkeeping or accounting
The industry has changed a lot over the last decade. From being a pen and paper based profession to one that’s increasingly digitised. Cloud computing and accounting software such as those produced by Xero, MYOB and Quickbooks have made it easier now more than ever to track a business’s financials and produce reports at the click of a button. The demand for knowledgeable and qualified bookkeepers is expected to continue to grow, with as many as 121,700 bookkeepers tipped to be working across Australia by 2019.
Is a career as a bookkeeper or accounting right for you?
To be successful as a bookkeeper or accountant, you need to be good with numbers, be extremely organised, have great problem-solving abilities and pay close attention to detail. You should have excellent communication skills to be able to explain the reports in layman terms to your clients or to various personnel within your business. You must be willing to continually learn and keep abreast of all the developments and changes within the industry, especially those concerning legislation.
If you believe you would make a successful bookkeeper, kickstart your ambitions by enrolling into the Certificate IV in Accounting and Bookkeeping course today! Especially since Australia is renowned for being one of the best training destinations in the world and is great for any student looking to study Australian Accounting & Bookkeeping courses online.