FNS40222
Certificate IV
in Accounting & Bookkeeping
83 weeks
Qualification Description
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.
Licensing, Legislative, Regulatory or Certification Considerations
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the relevant regulator for specific guidance on requirements.
Persons providing a BAS service for a fee or other reward must be registered by the Tax Practitioners Board (TPB) and this qualification is currently cited as meeting the TPB education requirements for registration as a BAS agent. Other requirements apply, including a designated period of experience. Persons seeking BAS agent registration should check current registration requirements with the TPB, as registration requirements are reviewed regularly.
Student who complete this course may wish to continue their education in courses such as:
- FNS50222 Diploma of Accounting
Course Details
Course Code : FNS40222
CRICOS Provider : 110012C
Course Title : Certificate IV in Accounting and Bookkeeping
Course Duration : 83 Weeks
Delivery Method : Face to Face
Assessments : Assessment will occur through a variety of methods including projects, incorporating role-plays, case studies and short answer questions.
Requirements
- Student must be at least 18 years old;
- Have completed at least the equivalent of Year 12;
- Are able to demonstrate a level of language, learning, and numeracy skills suitable to this course (test to be administered by Centennial College includes Language Literacy and Numeracy Assessment and face-to-face/phone interview); or
- are able to provide evidence of an IELTS score of 5.5 or equivalent (test results must be no more than 2 years old) OR be able to provide any of the following evidence of English language competence
- that they were educated for 5 years in an English-speaking country
- that they have successfully completed the College’s Language Literacy and
Numeracy (LLN) Assessment followed by an interview
- that they have successfully completed their Year 12 or equivalent in English language
Unit of Competency
- 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
- FNSACC407 Produce job costing information
- FNSACC411 Process business tax requirements
- FNSACC323 Perform financial calculations
Fee Information
The course fee is inclusive of the following items
- The learning resources
- Support Services
- Certificate and Statement of Attainment (does not include replacement certificates)
Tuition $AU 10,500
Non-Tuition Fee $AU 450.00
Estimates Total Cost $AU 10,950.00