FNS40217 – Certificate IV in Accounting and Bookkeeping
FNS40217 – Certificate IV in Accounting and Bookkeeping
FNS40217 – Certificate IV in Accounting and Bookkeeping
This qualification reflects the job roles of workers in the accounting industry, including 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 and providing advice or dealing with the Commissioner on behalf of a taxpayer in relation to activity statements. Individuals in these roles apply theoretical and specialist knowledge and skills to work autonomously, and exercise judgement in completing routine and non-routine activities.
Outcomes
Potential Careers
Careers and titles vary across different industry sectors. Possible job titles relevant to this qualification include:
- Accounts Officer
- Accounts Supervisor
- Bookkeeper
- Accounts Payable/Receivable Officer
Practical Skills
The course will use theory, case studies, practical demonstrations/role plays and mini-projects to enable you to develop the knowledge and practical skills you can apply in your workplace, including, how to:
- Prepare and process routine financial documents
- Record general journal adjustment entries
- Prepare end of period financial reports
- Analyse and report on a broad range of financial and business performance information
- Prepare non-complex income tax returns
- Prepare, document and manage budgets and forecasts
- Prepare financial reports for a reporting entity
- Review corporate governance requirements
- Gather, record and analyse operating cost data
- Apply broad principles of financial economics that underpin business functions
Mode of Delivery
In each term at least one unit is taught face to face.
Trainer led – Blended training 75% Face-to- Face and 25% Online.
Face-to-face: Trainer led sessions in a classroom setting combined with in-class experiential activities
Online: Moodle based Assessment Tasks.
Delivery Location:
Level 2, 1-3 Fitzwilliam Street, PARRAMATTA NSW 2150
531 George Street, SYDNEY NSW 2000
Course Duration
The program for FNS40217 – Certificate IV in Accounting and Bookkeeping is delivered over 52 weeks with actual student contact hours being 20 hours per week for 40 weeks. It has been divided in to 4 terms of 10 weeks each with 12 weeks of holidays.
Who Should Undertake This Qualification
Providing you with practical training in the specialised knowledge of the accounting discipline, this qualification would be valuable for employees who currently need to perform accounting duties such as introducing and maintaining accounting systems, reporting on business performance and preparing financial statements. It’s also designed to provide a comprehensive skill set those who are seeking a new career in the field of accounting.
Course Requirements
• Students must be over 18 years of age.
• A fully completed Australian AQF Level 4 qualification or High School Certificate qualification or equivalent; or overseas qualifications in Higher Education.
• Sufficient language, literacy and numeracy skills to complete the course,
• Students whose first language is not English, must provide proof of English language competency by providing one of the below:
- A current IELTS score of 5.5 total or above with no band lower than 5.0;
- Proof of completion of an Australian qualification in English language that is of one year or longer duration;
- Successful completion of an approved English of Academic Purposes courses meeting IELTS 5.5 equivalent requirements;
- Successful score of Upper Intermediate Level of completion of the School’s English Language Placement Test.
• Basic computer skills:
- Knowledge of common computing terms and word processing
- Proficiency with web browser software and sending/receiving e-mail including e-mail with attachment
- Familiarity with navigating the Internet
- Familiarity with using Microsoft Office
• Entry requirements will be checked at enrolment in line with the Southern Cross School of Business Student Selection and Enrolment Policy and Procedures.
Language, Literacy and Numeracy
Each student must complete the Language, Literacy and Numeracy (LLN) Indicator Tool. This LLN evaluation will assist Southern Cross School of Business in identifying each learner’s needs and appropriate support to be offered if and when required.
Unique Student Identifier
Each student must provide their USI (Unique Student Identifier) before they are to commence their studies. If you do not have a USI, you can create one at:
Assessment Overview
Each unit comprises of assessment tasks such as written questions, case studies and practical assessments must be completed in full before being submitted for marking. Assessments for qualifications are competency based, which means students are assessed against the unit of competency (unit) requirements.
Assessment marking system:
- Competent (C) result: the student’s submitted work satisfies the learning requirements and all competency standards for the unit (in accordance with the National Register www.training.gov.au).
- Not Yet Competent (NYC) result: the student’s submitted work does not demonstrate their understanding of all competency standards in the unit. If a student receives a ‘Not Yet Competent’ outcome, he or she will receive written feedback from a trainer/assessor, clearly outlining where the gaps are. The student will then be required to rectify these gaps and re-submit their assessment for marking.
Once a student receives a satisfactory result for all required assessment tasks a competent (C) outcome will be awarded for the entire unit. The student must demonstrate their understanding of all competency standards in each unit before receiving a competent outcome.
Students have three (3) attempts to demonstrate competency, otherwise a unit re-enrolment fee applies (please see fee schedule contained in the Student Handbook).
Learner Resources
Southern Cross School of Business will provide its students with access to a wide range of learning resources. Some of those resources have been developed in-house whereas some other resources have been purchased from reputable resource providers available in the market. The resources available to students are in the form of Power point slides on each unit, Learner’s Guide or Student Workbook, access to ‘Handout’ folders in the Student online portal, which will contain handouts under each of the unit’s assessment resources. All students will be given the opportunity to obtain the soft copies of available resources, should they desire.
There are general use computers available at the campus. However, for ease of access, the School encourages students to bring their own laptop / media pads to the school for added convenience.
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The program for FNS40217 – Certificate IV in Accounting and Bookkeeping is delivered over 52 weeks with actual student contact hours being 20 hours per week for 40 weeks. It has been divided in to 4 terms of 10 weeks each with 12 weeks of holidays.
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| The following units of competency are required for the completion of this course.
Total number of units = 13
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| Core Units | Learning Content |
| BSBFIA401 Prepare financial reports |
In this unit students will gain skills and knowledge required to record general journal adjustment entries and to prepare end of period financial reports.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities. |
| BSBSMB412 Introduce cloud computing into business operations |
In this unit students will gain skills and knowledge required to understand the fundamentals of internet computing and cloud services. It involves undertaking a basic review of business computing needs and identifying options for introducing cloud computing services into a small business or work area in an organisation.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities. |
| FNSACC311 Process financial transactions and extract interim reports |
In this unit students will gain skills and knowledge required to prepare and process routine financial documents, prepare journal entries, post journal entries to ledgers, prepare banking and reconcile financial receipts, and extract a trial balance and interim reports.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities. |
| FNSACC312 Administer subsidiary accounts and ledgers |
In this unit students will gain skills and knowledge required to reconcile and monitor subsidiary accounts in financial accounts receivable systems, identify bad and doubtful debts and plan a recovery action, record creditor invoices, and remit payments to sundry creditors.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities. |
| FNSACC408 Work effectively in the accounting and bookkeeping industry |
In this unit students will gain skills and knowledge required to work autonomously and in teams to complete work activities relating to the provision of accounting and bookkeeping services.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities. |
| FNSACC416 Set up and operate a computerised accounting system |
In this unit students will gain skills and knowledge required to establish, operate, and modify an integrated computerised accounting system. This is generally under supervision and encompasses processing transactions in the system, maintaining the system, producing reports, and ensuring system integrity.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities. |
| FNSTPB401 Complete business activity and instalment activity statements |
In this unit students will gain skills and knowledge required to identify and apply compliance requirements to effectively process and complete business activity statements (BAS), instalment activity statements (IAS), and other required reports.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities. |
| FNSTPB402 Establish and maintain payroll systems |
In this unit students will gain skills and knowledge required to record and prepare payroll documentation, respond to enquiries, and process payroll data for manual and computerised systems.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities. |
| Elective Units | Learning Content |
| BSBCUS403 Implement customer service standards |
In this unit students will gain skills and knowledge required to contribute to quality customer service standards within an organisation.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities. |
| BSBITU306 Design and produce business documents |
In this unit students will gain skills and knowledge required to design and produce various business documents and publications. It includes selecting and using a range of functions on a variety of computer applications.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities. |
| BSBLDR502 Lead and manage effective workplace relationships |
In this unit students will gain skills and knowledge required to lead teams in the workplace and to actively engage with the management of the organisation.
A variety of assessment tools are used such as case studies, projects, theoretical questions and applied questions. |
| BSBWOR501 Manage personal work priorities and professional development |
In this unit students will gain skills and knowledge required to create systems and process to organise information and prioritise tasks.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities. |
| FNSACC313 Perform financial calculations |
In this unit students will gain skills and knowledge required to use a range of routine calculation methods and techniques when performing routine financial calculations and checking calculation outcomes.
A variety of assessment tools are used including theoretical questions, projects and applied learning activities. |
For more information about this course, please visit https://training.gov.au/Training/Details/FNS40217
