FNS40222
Certificate IV in Accounting and Bookkeeping
- Flexible payment options
- Online and On Campus, Self-Paced
- Nationally recognised accreditation
- 12 months to finish
- No formal prerequisites are required
- No exams, ever.
FNS40222
Become a Financial All-Rounder in Accounting and Bookkeeping
Ready to stand out as a skilled bookkeeper and accountant? This nationally recognised qualification equips you with the expertise to master both bookkeeping and accounting, empowering you to start your own business or register as a BAS Agent. Graduate with the confidence and skills businesses are searching for.
Key Skills You Will Develop
- Accounting and Bookkeeping
- Payroll Management
- Financial Planning and Budgeting
- Administration and Financial Reporting
- Preparing Ledgers and Data Processing
Course Benefits and Memberships
Australian Bookkeepers Network (ABN): A leading association offering a comprehensive online resource hub, expert tools, templates, and a supportive community to help you make informed decisions and thrive in your practice.
Australian Bookkeepers Association (ABA): A government-recognised body that enhances your professional credibility. Membership offers access to valuable training and simplifies the BAS Agent registration process.
Institute of Public Accountants (IPA): Stay up-to-date with ongoing industry learning, including newsletters, conferences, and an online platform.
Additional benefits include 24-month access to Reckon One Cloud Accounting Software, a community forum, and 3 months of free commercial use.
Qualification Description
Packaging Rules
Total Units Required: 13
- Core Units: 10
- Elective Units: 3
- Select and prepare resources
- Plan spreadsheet design
- Create spreadsheet
- Produce charts
- Finalise and present spreadsheets
- Verify supporting documentation
- Prepare and process banking and petty cash documents
- Prepare and process payable and received invoices
- Prepare journals
- Check ledger accounts
- Prepare bank deposits and lodge flows
- Finalise trail balance and interim reports
- Review accounts receivable
- 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
- Prepare budget
- Set budget timeframe
- Document budget
- Compile data required for preparing financial statements for non-reporting entities
- Prepare financial statements for non-reporting entities
- Develop professional working relationships
- Identify compliance requirements and support materials
- Set up and maintain systems to meet compliance requirements
- Complete work activities autonomously and in a team
- Develop and maintain own competency
- Prepare and maintain asset register
- Record general journal entries for balance day adjustments
- Update and prepare final general ledger accounts
- Prepare end of period financial reports
- Implement integrated accounting system
- Process transactions in system
- Produce reports
- Identify and apply compliance and other requirements applicable to business activity
- Analyse and apply industry codes of conduct associated with work activities
- Review and apply goods and services tax (GST) implications and code transactions
- Report on payroll activities and amounts withheld
- Reconcile and prepare activity statement
Exam-Free Learning
Forget the stress of traditional exams. Assessments include open-book quizzes, portfolios, video submissions, and written tasks.
Study on Your Schedule
Enjoy flexible learning with 24/7 access to your course materials, allowing you to study anytime, anywhere.
Optimised for Online Learning
Our platform combines videos, written content, audio, and interactive assignments for a dynamic experience.
Payment Options
We offer flexible payment options to suit your needs:
- Upfront Payment
- Payment Plans
- Employer Sponsorship
Paying the full course fee upfront at the time of enrolment can save time and provide peace of mind. This option ensures that your course materials and access are ready immediately.
Spread the cost of the course across manageable, scheduled instalments. Payment plans are interest-free and designed to accommodate your financial situation. Terms and conditions apply.
Many employers invest in their staff’s professional development. Speak with your employer to explore sponsorship opportunities, which can include covering full or partial course fees. We’re happy to provide any necessary documentation to support your request.
Job Outcomes
Accounts Administrator
Annual salary: $55,000–$70,000
Accounts Receivable Officer
Annual salary: $55,000–$70,000
Accounts Payable Officer
Annual salary: $55,000–$70,000
Bookkeeper
Annual salary: $60,000–$75,000
Accounts Clerk
Annual salary: $50,000–$65,000
Payroll Officer
Annual salary: $60,000–$80,000
Eligibility Criteria
This course is ideal for
- Aspiring accountants and bookkeepers
- Those interested in financial administration and payroll
- Professionals seeking skills in financial reporting and budgeting
Prerequisites:
- Must be 18 years or older
Frequently Asked Questions
Will I learn MYOB, Xero, and QuickBooks with this course?
No, we prefer to use popular cloud-based accounting software, Reckon One.
Why do you use Reckon One and not Xero?
Reckon One offers a user-friendly, cost-effective solution tailored to the needs of small businesses and bookkeeping professionals.
What accounting system will I be using for this course?
You will be using Reckon One for practical training in accounting and bookkeeping.
Can I start my own bookkeeping business after completing this course?
Yes, this course will equip you with the skills needed to start your own bookkeeping business or work as a BAS agent.
Do I need prior experience to take this course?
No, this course is designed for beginners and will provide you with the foundational knowledge needed to succeed in accounting and bookkeeping.
How long will it take to complete the course?
The course duration varies, but typically takes around 12–18 months depending on your study pace.
Is this course recognised nationally?
Yes, the qualification is nationally recognised and will allow you to work in accounting and bookkeeping roles across Australia.
Testimonials
“This course gave me the skills and confidence to start my bookkeeping career.”
Emily T
“Great training and resources to help me succeed as a bookkeeper.”
Mark A.
“The support and Reckon One access made all the difference in my career!”
Jessica D.
