FNS40222 Certificate IV in Accounting and Bookkeeping
| Course Information | |
|---|---|
| Qualification: | FNS40222 Certificate IV in Accounting and Bookkeeping |
| CRICOS Course Code: | 109972J |
| Duration: | 52 weeks including breaks |
| Training Package: | FNS Financial Services |
| Vocational Area: | Accounting and Bookkeeping |
| Study Type: | Blended learning; 25% online and 75% face to face |
QUALIFICATION STRUCTURE
This course is organised into 13 units of competency, made up of 10 core units and 3 elective units.
| Unit of Competency Codes | Unit of Competency Name | |
|---|---|---|
| BSBTEC302 | Design and produce spreadsheets | Core |
| FNSACC321 | Process financial transactions and extract interim reports | Core |
| FNSACC322 | Administer subsidiary accounts and ledgers | Core |
| FNSACC412 | Prepare operational budgets | Core |
| FNSACC414 | Prepare financial statements for non-reporting entities | Core |
| FNSACC418 | Work effectively in the accounting and bookkeeping industry | Core |
| FNSACC421 | Prepare financial reports | Core |
| FNSACC426 | Set up and operate computerised accounting systems | Core |
| FNSTPB411 | Complete business activity and instalment activity statements | Core |
| FNSTPB412 | Establish and maintain payroll systems | Core |
| BSBTEC402 | Design and produce complex spreadsheets | Elective |
| BSBWRT311 | Write simple documents | Elective |
| BSBTEC404 | Use digital technologies to collaborate in a work environment | Elective |
COURSE DESCRIPTION
In this course you will develop comprehensive accounting skills and knowledge to facilitate your move into bookkeeping and accounting roles. Individuals in these roles apply theoretical and specialist knowledge and skills to work autonomously, and exercise judgement in completing routine and non-routine activities.
By undertaking this course, you will:
• Develop analytical and reporting skills
• Gain both hands-on and theoretical knowledge of day-to-day accounting concepts
• Learn the foundations of accounting, including computerised accounting, manual accounting budgeting, business law, and writing business and financial documents
• Prepare and lodge business and instalment activity statements
• Perform data processing
• Conduct monthly reconciliations
• Prepare budgets
• Prepare reports on financial performance and the position of the business
• Prepare end-of-year adjustments
• Finalise financial records after year-end
• Deal with the Commissioner of Taxation on behalf of a taxpayer in relation to activity statements and other lodgement matters.
Every student will need to demonstrate:
o Completion of Australian Year 12 or equivalent
o Attaining IELTS 5.5 English language equivalence if a non-native English speaker
o Being aged over 18
On completion of the FNS40222 Certificate IV in Accounting and Bookkeeping, students may pursue the FNS51822 Diploma of Financial Services, or the BSB60420 Advanced Diploma of Leadership and Management at WIN College or apply to study a bachelor’s degree at Wentworth Institute of Higher Education.
According to Australian Industry Skills Committee’s Industry Insights, employment in the Financial
Services industry remained on an overall upwards trend over the past decade. Once you have gained this qualification, you may choose to pursue one of these opportunities:
• Various financial services roles such as credit officer, credit manager, assistant accountant, bookkeeper, accounts officer, payroll clerk, accounts payable or receivable clerk, or financial clerks. etc.
• Financial services administrations (Retail or wholesale) where this qualification is required to cater industry and compliance requirements.
• Supervisory level officer.
Recognition is available (on application) to students with prior skills, experience, knowledge or qualifications obtained from formal studies or training, in a related area. Recognition may reduce the duration of your studies.
