Queensland Government Funding for FNS40217 Certificate IV in Accounting and Bookkeeping

You will have up to 12 months to complete the Certificate IV in Accounting and Bookkeeping course. There is no minimum time frame, students familiar with bookkeeping and accounting concepts may complete the course much faster. 

Tips for completing your Bookkeeping Course in a timeframe really depends on your goals for Bookkeeping.

• New to Bookkeeping? We include online tutorials that follow the manual, watch these and work through methodically. 

The nominal study and assessment time is 940 hours. However, this is a guide only. As an online course, the time it will take to complete is flexible and dependent on your ability, knowledge and time available. It is important that you choose a pace that suits your needs.

FNS40217 Online study is a convenient, effective and affordable way to learn when and where you want.

We provide you with the following:

• Quality materials
• Videos and webinars
• Amazing Support from our assessors and student support team
• Online assessments and exams
• Student Facebook group

The FNS40217 Certificate IV in Accounting and Bookkeeping has been developed to give you flexibility so that you can study at your own pace, in your own time and in your own environment. The best part is, with Applied Education we provide a high level of support for all our students and are here with you in your study journey.

Digital course training manuals for the Certificate IV in Accounting and Bookkeeping are included as part of the course at no additional cost.

The course content is accessed via our online student portal, with additional resources, extra learning materials and classroom recordings also available.

Please note that digital manuals are non-printable and non-editable. Hard copy manuals (except for units FNSACC416, FNSTPB401 and BSBFIA401) can be requested via email on enrolment.

The Cert IV Bookkeeping and Accounting Course Online can open doors to many different careers in business and finance.

• Registered BAS Agent
• Company Bookkeeper
• Freelance Bookkeeper
• Small Business Owner
• Finance Manager
• Payroll Officer
• Accounts Receivable and Accounting Payable Officer
• Bank Officer
• Settlement Clerk
• Accounts Financial Officer

This course comprises 13 units that are studied in the following order:

FNSACC313 Perform financial calculations
BSBITU402 Develop and use complex spreadsheets
FNSACC416 Set up and operate a computerised accounting system
FNSACC311 Process financial transactions and extract interim reports
FNSACC405 Maintain inventory records
FNSTPB402 Establish and maintain payroll systems*
FNSTPB401 Complete business activity and instalment activity statements*
BSBFIA401 Prepare financial reports
FNSACC414 Prepare financial statements for non-reporting entities
FNSACC412 Prepare operational budgets
FNSACC312 Administer subsidiary accounts and ledgers
BSBSMB412 Introduce cloud computing into business operations
FNSACC408 Work effectively in the accounting and bookkeeping industry

*Unit part of the FNSSS00004 BAS Agent Registration Skill Set

Xero Demo Company is included with the course, as well as free online Xero training. Xero is used to complete unit FNSACC312.

MYOB Student Edition included with this course, plus free online MYOB training. MYOB is used to complete units FNSACC311, FNSACC416, FNSACC405 and FNSACC414.

The unit FNSTPB401 the course material is written in MYOB and as such it is recommended that the assessments are done in MYOB. Experience bookkeepers however are permitted to undertake the exam in other packages. The unit FNSTPB402 can be completed in your choice of either Reckon, Xero or MYOB

On successful completion you will be awarded the FNS40217 Certificate IV in Accounting and Bookkeeping which meets the education requirements to become a Bookkeeper.

Overview

Your learning journey is about becoming "competent" in the subject matter. Our in house course writers and assessment team all have accounting and bookkeeping experience or are currently working in the industry. With this in mind we try and make the tasks relevant to what you will experience in the real world. The purpose is not to just pass or fail, rather to become competent using these skills which you can then apply in the real world.

Pre-course

Before starting this course, you will be required to complete a Language, Literacy and Numeracy (LLN) questionnaire. This quick questionnaire is used to determine your LLN skill level so that we can best support you in your studies.

Modules & Units

The Introductory Modules include a Communication Skills Assessment and a Work Health and Safety Assessment.

The Unit assessments and examinations are completed using a variety of methods and are submitted via our online student portal. They are open book, from either your home, office or classroom, and comprise theoretical and practical exercises.

Accounting unit assessments use MYOB Student version or Xero (both are supplied).

Exams

Tax Practitioners Board Licensing Course units include an exam component, which needs to be independently supervised. Exams are three-hour, open-book assessments comprising of short answer and multiple choice questions, very similar in format to the unit assessments.

Exams must be completed within your course duration period. Prior to your exam, you will need to complete and return the Supervisor Nomination Form to Applied Education detailing your supervisor's information, contact details and the elected date of your assessment.

Exams can be undertaken at any location and time of your choosing, with the only condition being that you have a nominated, independent supervisor present. Your supervisor can be a person of responsibility such as a registered tax agent, member of an accounting professional body, public servant, doctor, nurse, police officer, director etc. who does not have a close personal or professional relationship with you.

If you cannot arrange a supervisor then we offer the following options for conducting your supervised assessment:

Skype Online - online supervised exam with one of our staff members
Perth Training Centre - Level 1, 524 Hay St, Perth WA 6000
Melbourne Training Centre - Level 27, 101 Collins St, Melbourne VIC 3000
Sydney Training Centre - Level 26, 44 Market St, Sydney NSW 2000
Brisbane Training Centre - Level 19, 10 Eagle St, Brisbane QLD 4000

To complete all units in this course, you will need:

• A reliable internet connection as all data files and learning activities are available via our student platform.
• A computer with a Microsoft Windows operating system.^#
• Microsoft Word and Excel.

We will provide links and instructions to access MYOB Student Edition Software and Xero Demo Company.

^# Mac Users, Tablets and MYOB
MYOB software cannot be downloaded to tablets including Chromebooks and since 2020, MYOB is not compatible with Apple’s operating system.

If you only have access to a Mac computer, we recommend you first contact Apple to confirm if the following options are feasible on your computer:

• purchase and install on your mac a windows emulator such as "parallels" to run windows on a Mac at your own cost; or
• use the free inbuilt Mac Boot Camp Assistant on your Mac computer and purchase a Windows OS software licence. For information regarding the Boot Camp Assistant software, please refer to Apple's support page; https://support.apple.com/en-au/HT201468

Note: Applied Education and MYOB are unable to support issues relating to a Mac computer.

The FNS40217 Certificate IV in Accounting and Bookkeeping is ideal for anyone looking to enter into the bookkeeping or accounting industries, and is also a TPB-approved BAS agent course.

It is the perfect preparation for anyone seeking a career as a professional bookkeeper, BAS agent or payroll officer. The course meets the education requirements of the Tax Practitioners Board for registration as a BAS agent, and covers topics such as:

• Managing day to day bookkeeping function such as accounts payable and receivable
• Completing the Business Activity Statements (BAS) and other obligations such as Superannuation and Payroll
• Basic Management and Operational reporting such as Profit & Loss, Balance Sheets and Trial Balance
• Proficient use of Accounting Software including MYOB and Xero from setup to trial balance

Many of the units in the Certificate IV in Accounting and Bookkeeping are prerequisites for the Diploma of Accounting. Applied Education is focused on the pathway from the Certificate IV in Accounting and Bookkeeping to the Advanced Diploma of Accounting (which is the entry requirement of the Institute of Public Accountants).

Course Fees and Payment Plans

We understand not everyone has the financial resources upfront to invest in training, so we offer payment plans to get you moving faster towards your future.

• An administration fee of $20 is added for this option
• All you need is a valid credit card
• Pay first weekly instalment at commencement of course
• Remainder to be paid over eight equal weekly instalments. Total of nine payments.