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Queensland Government Funding for FNS40222 Certificate IV in Accounting and Bookkeeping

Begin your bookkeeping and accounting career

The Queensland Government Funded FNS40222 Certificate IV in Accounting and Bookkeeping is ideal for anyone looking for a career in the bookkeeping and accounting industry.

  • Suitable for career as a professional bookkeeper, BAS agent or payroll officer.
  • Meets the education requirements of the Tax Practitioners Board for registration to become a BAS agent and Bookkeeper.
  • FNS40222 Certificate IV in Bookkeeping and Accounting is a TPB-approved BAS agent course.

Course Guide & Eligibilty Checklist

LG QLD Funded Cert IV

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Queensland Government HLS Funding


Study at your own pace

Access online tutorials presented by our qualified trainers, covering the key learning concepts.

Complete your studies at a time that fits in with your lifestyle or work commitments.

Dedicated support

Bonus upskill courses

Concession $828
Payment Plan Option $96.44/week for 9 Weeks

Non Concession $1180
Payment Plan Option $135.55/week for 9 Weeks

The Higher Level Skills (HLS) program is a Queensland Government initiative that will offset the cost of a Certificate IV or higher course so that Queenslanders can gain advanced skills to secure employment or further their careers. This subsidy is available to Australian or New Zealand citizens, permanent residents, or temporary residents with the necessary visa.

To be eligible for the HLS, you:

  • must be a Queensland resident aged 15 years or older; and
  • are no longer at school; and
  • are an Australian or New Zealand citizen or Australian permanent resident; and
  • must not hold, or be currently enrolled in, a Certificate IV or higher level qualification (not including qualifications completed at school)

If you are ineligible please click here for full course details

*Students may be eligible for the concession rate if they:

a) hold a Health Care or Pensioner Concession card; or
b) are the partner or dependant of a person who holds a Health Care or Pensioner Concession Card and they are named on the card.

Queensland Government Skills Assure provider
  • Bookkeeping Experts

    Training experts since 1999

  • Tax Practitioners Board Approved

    TPB approved for BAS Agent registration

  • Amazing Support

    Expert trainers and passionate support

  • Online Video Tutorials

    Hundreds of tutorials covering key learning concepts

Certificate IV in Accounting and Bookkeeping

Let's take a look at what you are going to learn and the important information to know before you enrol.

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

*Unit part of the FNSSS00004 BAS Agent Registration Skill Set

Queensland Government Funding for Certificate IV in Bookkeeping and Certificate IV in Accounting 1

Xero Demo Company is included with the course. Xero is used to complete unit 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.The units FNSACC426 & FNSTPB412 have course material and assessments in both Xero and MYOB. Students can choose which accounting software they would like to use to complete these units.

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.

Course Fees and Payment Plans

We understand not everyone has the financial resources upfront to invest in training, so we offer a 9-week payment plan to get you moving faster towards your future.

  • An administration fee of $40 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.
Note: Applied Education sales and discounts do not apply to students enrolled via a government funding initiative.

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 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.


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.


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).


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

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.

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;

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

You will receive a 24-month student membership to the Institute of Certified Bookkeepers (RRP $132) at no additional cost.

ICB Membership Students

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 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).

At Applied Education, we believe in equipping our students with the tools they need to succeed. That's why we're proud to offer a complimentary Office 365 A1 subscription to all of our students. This includes access to Microsoft's web-version of Outlook, Word, PowerPoint, Excel, and OneNote, as well as your very own student email address. Not only will you be able to create and collaborate on amazing content with the 365 Office app, but your student email address also comes with exclusive discounts and special student pricing at many popular businesses and online stores. Start taking advantage of this as soon as you enrol.

Queensland Government Funding for Certificate IV in Bookkeeping and Certificate IV in Accounting 2

FNS40222 Cert IV - NRT ICB Banner

Free Short Course Bundles Included

Queensland HLS Funded students receive all three online fundamental learning bundles free.


5 Online Courses
Excel Introductory & Intermediate
Word Introductory & Intermediate
Microsoft Outlook

(Bundle value $495)

Xero & MYOB
Fundamentals (Popular)

3 Online Courses
Certificate in Xero Accounting
Certificate in Xero Payroll
Certificate in MYOB Bookkeeping

(Bundle value $685)


4 Online Courses
Payroll Administration
Salary Packaging

(Bundle value $695)

Queensland Government Funding for Certificate IV in Bookkeeping and Certificate IV in Accounting 3

We are proud to be a Skills Assure provider!

By choosing a subsidised course through a Skills Assure supplier, you can gain skills that are valued by industry and will help get you a job once you are finished your studies. Click here for more details

ASQA VET Quality Framework Audit Results
The following documents are provided as per the Queensland VET Investment guidelines
Audit ASQA – 52240_summary
Education IT Solutions Pty Ltd_Full_Report

You'll also receive:

Online Tutorials

All new 2021 Course with detailed video tutorials presented by our qualified trainers covering key learning concepts.


Student Membership

Receive a 24-month student membership to the Institute of Certified Bookkeepers (RRP $132).

ICB Membership Students

Student Support - The Applied Education Difference

  • Amazing Support

    Every student receives help getting started
    and can book a welcome call

  • Online Support

    Dedicated Support Team and Ticket Lodgement

  • Facebook & Student Forums

    Dedicated Facebook Study Group and Online Forums

  • Phone Support

    Talk to Assessors & Student Services Team

Accreditation & Industry Partners

As a Registered Training Organisation (ID 52240), we comply with the government’s strict quality and consistency standards. We conduct regular audits to ensure we keep this accreditation and deliver the level of training you deserve.

Nationally Recognised Training - FNS40222 Certificate IV in Accounting and Bookkeeping is recognised in all states and territories of Australia.

aqf 2
Applied Education_MYOB_EducationPartner
icb student membership
Queensland Government Skills Assure provider
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