Queensland Government Funding for FNS40222 Certificate IV in Accounting and Bookkeeping

FNS40222 Certificate IV in Accounting and Bookkeeping is assessed under the Principles of Competency-based training, students have to demonstrate their ability to do all activities in each Unit of Competency. There are 13 Units of Competency in this course:

FNSACC323 Perform financial calculations
BSBTEC302 Design and produce spreadsheets & BSBTEC402 Design and produce complex spreadsheets
FNSACC426 Set up and operate a computerised accounting system
FNSACC321 Process financial transactions and extract interim reports
FNSACC418 Work effectively in the accounting and bookkeeping industry
FNSACC405 Maintain inventory records
FNSTPB412 Establish and maintain payroll systems*
FNSTPB411 Complete business activity and instalment activity statements*
FNSACC421 Prepare financial reports
FNSACC414 Prepare financial statements for non-reporting entities
FNSACC412 Prepare operational budgets
FNSACC322 Administer subsidiary accounts and ledgers

*part of the FNSSS00004 BAS Agent Registration Skill Set

Xero Demo Company is included with the course. Xero is used to complete unit FNSACC426, FNSACC322 and FNSTPB411.

MYOB Student Edition is included with this course, plus free online MYOB training. MYOB is used to complete units FNSACC321, FNSACC405 and FNSACC414.

FNSTPB412 has course material and assessments in both Xero and MYOB. Students can choose which accounting software they would like to use to complete this unit.

On successful completion, you will be awarded the FNS40222 Certificate IV in Accounting and Bookkeeping which meets the education requirements to become a BAS Agent.

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.

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 extra learning materials, case studies, practice exercises, recorded lectures and video tutorials covering key learning concepts.

Please note that digital manuals are non-printable and non-editable. Hard copy manuals (except for units FNSACC426, FNSTPB411 and FNSACC421) can be requested via email on enrolment.

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 may be required to complete a Language, Literacy, Numeracy and Digital (LLND) skills assessment to ensure we can support you before your studies commence.

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 - full desktop versions/apps.

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.

Course Fees
This course is offered under the Career Boost Program, a Queensland Government initiative:

• $1,280.00 for Non-Concession and;
• $928.00 for Concession

You will receive a 24-month student membership to the Institute of Certified Bookkeepers (RRP $145) at no additional cost.

Education Pathway

FNS40222 Certificate IV in Accounting and Bookkeeping meets the prerequisites for FNS50222 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).

Career Pathways

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

FNS40222 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 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.

We know that your education is a significant investment in money, time and effort. In addition to supporting your learning journey, we also want you to enjoy some perks along the way.

Once enrolled, you will be invited to sign up to a student email and gain access to incredible discounts and freebies designed to support your studies and lifestyle.

🎓 Get Microsoft Office 365 Online-Version FREE!
Enjoy web versions of Word, Excel, Outlook, Teams, OneDrive, and more.

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