• 40 Weeks
  • Blended Mode
  • $1,999
Download Course Brochure

This qualification contains 13 units of competency. InspireEd Academy has organised these units of competency into a single-unit delivery in sequential order. This results in the efficient delivery of training and assessment and a structure that is very logical for students.

To be issued the qualification FNS40222 Certificate IV in Accounting and Bookkeeping a student must be assessed as competent in all 13 units of competency. These units of competency are comprised of 10 core units and 3 elective units. InspireEd Academy has selected the elective units of competency within this course to provide a student with a broad set of skills focused on working in the Accounting and/or Bookkeeping roles in the industry. The selection of these units of competency and the course structure has been confirmed through industry engagement undertaken by InspireEd Academy.

About the Qualification

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.

Entry Requirements

A logical outlook and the ability to work with numbers and calculations

An eagerness to learn and put your theoretical learnings into practise

The ability to study independently

Basic digital literacy skills

Language, Literacy and Numeracy (LLN) at a Year 10 high school level

What you will learn

  • Master the application of essential accounting basics to various business financial transactions.
  • Compile financial statements for different types of business entities.
  • Understand and process financial transactions, along with their foundational principles.
  • Operate current accounting and payroll software used in the industry.
  • Prepare various types of Business Activity Statements (BAS) accurately.
  • Develop insights into teamwork dynamics within the accounting and bookkeeping sector.

Units of Competencies

BSBTEC302  Design and produce spreadsheets 
FNSACC418  Work effectively in the accounting and bookkeeping industry 
FNSACC412  Prepare operational budgets 
FNSACC414  Prepare financial statements for non-reporting entities 
FNSACC421  Prepare financial reports 
FNSACC322  Administer subsidiary accounts and ledgers 
BSBTEC301  Design and produce business documents 
FNSACC426  Set up and operate computerised accounting systems 
FNSTPB411  Complete business activity and instalment activity statements 
FNSTPB412  Establish and maintain payroll systems 
FNSACC321  Process financial transactions and extract interim reports 
BSBTEC402  Design and produce complex spreadsheets 
BSBTEC404  Use digital technologies to collaborate in a work environment 

Key topic we will cover

Practical Accounting and Financial Transactions

Learn to apply accounting principles to manage and record financial transactions effectively.

Utilising Current Industry Software

Become proficient in using the latest accounting and payroll systems essential for today’s financial professionals.

Financial Reporting for Businesses

Gain skills in creating accurate financial reports for businesses of various structures.

Business Activity Statements Preparation

Master the preparation of Business Activity Statements (BAS), crucial for compliance and financial management.

Career Outcomes

Our graduates find success in a variety of roles within the finance and accounting sectors, including but not limited to:

  • Accounts Administrator: Oversee and manage day-to-day financial tasks within an organization.
  • Accounts Clerk: Handle financial record keeping, including processing transactions and maintaining financial records.
  • Accounts Payable/Receivable Officer: Specialize in managing outgoing bills and invoices for a company (payable) or managing money owed to the company (receivable).
  • Bookkeeper: Maintain accurate financial records for businesses, including transactions, financial statements, and other financial reports.
  • Debtors Clerk: Manage and track financial accounts to ensure timely payments are received from debtors.
  • Payroll Officer: Oversee the processing of payroll, ensuring employees are paid accurately and on time, and managing payroll records.

 

Empower Your Future

Embark on a journey to enhance your career with the FNS40222 Certificate IV in Accounting & Bookkeeping. This course is meticulously designed to equip you with practical experience and specialized skills, setting you apart in the competitive job market. Here’s what you can expect upon completion.

 

Duration & Commitments

You can study online at your own pace. There are no due dates.

The course start date is taken as the date students receive the course material. If students do not complete the course within the twelve (12) month timeframe, the enrolment will be cancelled. Students may apply for an extension. Please refer to the student handbook for details on requesting extensions.