FNS40222 Certificate IV in Accounting and Bookkeeping
The Certificate IV in Accounting and Bookkeeping equips individuals with essential financial management skills. It covers processing financial transactions, preparing statements, and managing payroll. The course includes training on compliance, taxation, and business activity statements (BAS).
Graduates of this qualification can easily enter various roles in the finance sector or pursue advanced accounting studies. It’s ideal for those starting their careers, small business owners managing finances, or professionals seeking formal recognition. The Certificate IV in Accounting and Bookkeeping equips individuals with relevant skills for a career in financial services.
-> Classroom-based
-> Online
-> Blended
-> Workplace-based
104 weeks, including 80 weeks of training and 24 weeks of holidays.
Please get in touch to learn about fees and charges.
- New South Wales
- Queensland
Start studying as soon as you enroll
Qualification details
Modification history
| Release | Comments |
|---|---|
| Release 2 | This version first released with the FNS Financial Services Training Package Version 8.1.
Unit FNSACC426 Set up and operate computerised accounting systems removed from the elective bank of units. |
| Release 1 |
This version first released with the FNS Financial Services Training Package Version 8.0. Supersedes and is equivalent to FNS40217 Certificate IV in Accounting and Bookkeeping. |
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.
Entry requirements
Nil
Packaging rules
Total number of units = 13
10 core units plus
3 elective units, of which:
at least 2 must be from the elective units listed below
up to 1 may be from this qualification or any currently endorsed Certificate III or above training package qualification or accredited course.
Elective units must be relevant to the work environment and the qualification, maintain the overall integrity of the AQF alignment, not duplicate the outcome of another unit chosen for the qualification, and contribute to a valid industry-supported vocational outcome.
Requirements
Units of Competency
CORE UNITS
| Unit Code | Unit Title |
|---|---|
| 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 |
ELECTIVE UNITS
| Unit Code | Unit Title |
|---|---|
| BSBESB402 | Establish legal and risk management requirements of new business ventures |
| BSBESB403 | Plan finances for new business ventures |
| BSBESB406 | Establish operational strategies and procedures for new business ventures |
| BSBOPS304 | Deliver and monitor a service to customers |
| BSBOPS404 | Implement customer service strategies |
| BSBPEF501 | Manage personal and professional development |
| BSBTEC301 | Design and produce business documents |
| BSBTEC402 | Design and produce complex spreadsheets |
| BSBTEC404 | Use digital technologies to collaborate in a work environment |
| BSBWRT311 | Write simple documents |
| FNSACC323 | Perform financial calculations |
| FNSACC405 | Maintain inventory records |
| FNSACC407 | Produce job costing information |
| FNSACC411 | Process business tax requirements |
| FNSACC413 | Make decisions in a legal context |
| FNSACM411 | Authorise valid expense payments |
| FNSORG506 | Prepare financial forecasts and projections |
| FNSORG515 | Prepare financial reports to meet statutory requirements |
| FNSPAY511 | Process salary packaging arrangements and additional allowances in payroll |
| FNSPAY512 | Process superannuation payments in payroll |
| FNSPAY513 | Process complex employee terminations in payroll |
| FNSPAY514 | Interpret and apply knowledge of industrial regulations relevant to payroll |
| FNSPAY515 | Interpret and apply knowledge of taxation systems relevant to payroll |
Join Stellar Institute today and take the next step towards a rewarding career in bookkeeping, aged care, or individual support!
Frequently Asked Questions
Are your courses free?
Stellar Institute is an independent, privately owned Registered Training Organisation (RTO), unlike TAFE, which is government-funded. As we do not receive government funding, our courses are not free. If you have any questions regarding our course fees, our friendly Enrolment Consultants are happy to assist you.