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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 / Online

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  written 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