COURSE GUIDE

Certificate IV in Accounting and Bookkeeping FNS40217

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Introduction

Our nationally recognised FNS40217 Certificate IV in Accounting and Bookkeeping is designed to provide you with a strong range of accounting skills to start your own business or register as a Business Activity Statement (BAS) Agent.

Course Breakdown

E1242

FNS40217 Certificate IV in Accounting and Bookkeeping

Course duration: Self-paced - maximum of 24 months

Recommended hours per week: 13.0 h

Qualification level: Certificate IV

Delivery method: Online

Awarded by: Open Colleges Pty Ltd (Provider number: 90796)

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Industry Overview

The financial services industry is changing. Companies are increasingly looking for an ‘all-rounder’ – someone who has skills in both accounting and bookkeeping.

Accountants and bookkeepers are critical to the Australian economy and finance departments are playing an ever-expanding role within a business. Now, more than ever, companies are wanting more support across finance and accounting and there is a greater demand for analytical and commercial accountants. They want someone who can understand complex financial terms and be able to communicate it effectively to the business.

This course has been designed to give you those job-ready skills, so you can hit the ground running as soon as you graduate. It’s never been a better time to make your mark in the growing financial services sector!

Is this course for you?

Whether you’re already working in the industry and want to upgrade your skills, or you’re looking to start a new career, the FNS40217 Certificate IV in Accounting and Bookkeeping will give you the skills and knowledge you need to take your financial services career to the next level.

Become a financial all-rounder and gain skills in accounting, financial planning, bookkeeping, auditing, payroll and small business basics with the FNS40217 Certificate IV in Accounting and Bookkeeping.

If you are an existing worker or have experience in the related industry, please inform our enrolment consultants during your enrolment conversation. You may be eligible to enrol as an existing worker and complete your studies faster. Please note - limitations do apply.

Common Career Outcomes

  • Accounts Administrator
  • Accounts Clerk
  • Accounts Payable Officer
  • Accounts Receivable Officer
  • Bookkeeper
  • Debtors Clerk
  • Payroll Officer

What you will learn

This course will give you a wide-range of job-ready bookkeeping and accounting skills. It’s the perfect combination of theory and practical – not only will you learn how to manage and operate accounting systems, but you will get the chance to use them and put your skills to the test.

At the end of this course, you will be proficient in how to:

  • Process financial transactions and extract interim reports, as well as the skills to administer subsidiary accounts and ledgers.
  • Prepare financial reports, set up and operate accounting systems, and use cloud services.
  • Master payroll systems, business activity and instalment activity statement tasks, and prepare operational budgets.
  • Design and produce a range of business documents and learn the basics of how to set up a small business.

You will also meet the educational requirements to register as a Business Activity Statement (BAS) Agent. Additional requirements apply (including work experience); please check the TPB website for a complete list of requirements for registration. 

Learning Material

The following resources are provided to you via OpenSpace:

  • Industry aligned content 
  • Absolute Accounting - a simulated accounting firm 
  • Practical activities aligned to workplace scenarios 
  • Access to live webinars with your trainer
  • Case studies
  • Further readings
  • Articles/journals
  • External links
  • OpenSpace Library
  • You will also get 24-month exclusive access to Reckon One accounting software

Your trainer

Kimberly Kim
Kimberly has over 11 years’ experience in training and assessment in tertiary and vocational education and training institutes.  She has also run her own public accounting and tax practice for over two years, after 10 years of working in tax and accounting field.
Rosalie Pellew
Rosalie Pellew has over 30 years' experience in customer engagement; workplace training and assessment; facilitating adult education; leading and coaching customer contact teams; and supporting on-line learning students.
Tanya Galey
Tanya has many years of experience working in the Airline Industry through her role at World Aviation Systems who represent various airlines here in Sydney (Air Tahiti Nui and Hawaiian Airlines to name a few). She has extensive knowledge of Sales, marketing, reservations and the general business operations of an Airline.
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Academic Information

Open Colleges may make changes to the course from time to time to reflect changes introduced to the relevant Training Package or other regulatory requirements.

Certificate IV in Accounting and Bookkeeping

FNSACC321
Process financial transactions and extract interim reports
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  • 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
FNSACC322
Administer subsidiary accounts and ledgers
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  • 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
FNSACC421
Prepare financial reports
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  • Maintain asset register
  • Record general journal entries for balance day adjustments
  • Prepare final general ledger accounts
  • Prepare end of period financial reports
FNSACC414
Prepare financial statements for non-reporting entities
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  • Compile data required for preparing financial statements for non-reporting entities
  • Prepare financial statements for non-reporting entities
BSBSMB412
Introduce cloud computing into business operations
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  • 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
5/ modules
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Assessment Details

  • Multiple choice Quiz
  • Projects
  • Role plays
  • Video
  • Work Placement
  • Written assignments

Recognition of Prior Learning (RPL)

We understand that you may already have many skills and areas of expertise that you have obtained in different ways and these are recognised through our Recognition of Prior Learning (RPL) process.

Our Credit Transfer & Recognition of Prior Learning Policy, available in the Key Student Information section of our website, provides more information about our RPL process. Alternatively, you can contact an Enrolment Consultant to discuss your RPL options.

Course Duration

The duration for the course is maximum 24 months. As a self-paced online course, the time it will take you to complete is flexible and dependent on ability and time available.

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Recommendation

Open Colleges recommends that you consider the work placement options in your local area prior to enrolling in this course.

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Study and pay, your way

Payment Options

Pay Upfront
Save 30%
$4,130.00 Save $1,770.00
was $5,900.00
Week to week
Pay as you go
Save 12%
Pay in 80 instalments over the length of your course.
$61.87 Weekly
Total course cost: $5,150.00
was $5,900.00
Full course breakdown
TBD

Studying online with Open Colleges

Flexibility - study at your own pace

When you study online with Open Colleges you’re in control.

You can choose to complete your course quickly, or keep to a steady pace. Learning is fully flexible so you can fit your everyday commitments around your studies.

Everything you need to study is online so you can study wherever you like – but that doesn’t mean you’re on your own.

OpenSpace is our online learning platform. It’s where you’ll go to access your learning materials, contact your expert trainers and assessors and upload your assessments.

What is OpenSpace?

It’s important to us that we deliver a superior, online learning platform that meets our students’ needs. That’s why we have upgraded to our brand new, custom-designed learning platform, OpenSpace.

OpenSpace provides you with a user-friendly interface, that is mobile responsive. This means that you can complete your coursework using your laptop, iPad, or mobile device. All coursework is automatically saved, providing you with the flexibility you need to complete your studies anywhere, anytime.

How to get support?

Learning Support

The learning support team will be with you every step of the way, from enrolment to graduation. They’re here to help you get the most out of your online course. They can assist by providing non-academic support - like helping you craft an achievable study plan so that you can graduate in a realistic timeframe. If you’re finding it tough to stay motivated throughout your course, they’ll be there to help keep you on track.

Student support

The Student Support team is your one-stop service centre for all student administrative issues – including enrolment, change of contact details, OpenSpace support, assessment results and certification.

You can access the Student Support team by email or phone