THIS QUALIFICATION HAS BEEN SUPERSEDED – PLEASE REFER TO FNS40217 CERTIFICATE IV IN ACCOUNTING AND BOOKKEEPING
Not sure about the difference between a balance sheet and an income statement? Don’t know what differentiates current and non-current assets? Then IITs’ Certificate IV in Accounting FNS40615 is for you. This course gives you a great grounding of basic accounting industry knowledge that will help you decide if Accounting is truly what you want to be a part of. Learn how to use MYOB with our free student step by step program!
What separates IITs’ Certificate IV In Accounting FNS40615 from other institutions who offer this certificate, is our experience in teaching it. We are nationally recognised for this course, due to our high quality facilitators, who are industry professionals, and are able to give you the benefit of their years of experience practicing accounting. IIT also offer the Certificate IV in Bookkeeping v as a Dual qualification. So you get two qualifications, without having to do any further studies! click here to contact us about our special price and offer for this Dual offer!
Students who have completed this course have gone onto become Trainee Accountants, Accounts Receivable and Payable Clerks, Insurance Clerks, Payroll Clerks, General Clerical Officers and more.
These are just some of the topics you will cover in this qualification:
- Financial Reporting and the Regulatory Environment ✅
- Cash Flows and Statements ✅
- Management Reports ✅
- Partnerships ✅
- Non Profit Organisations ✅
- Business Taxation ✅
- Income Tax business ✅
- Fringe Benefits Tax ✅
- Superannuation Guarantee ✅
- Payroll taxes ✅
- Stamp duty ✅
- Land Asset ✅
The Certificate IV in Accounting FNS40615 meets the educational requirements of the Tax practitioner Board for BAS Agent education and provides a pathway into the FNS50215 Diploma of Accounting and the FNS60215 Advanced Diploma of Accounting. Contact us to find out about this deal. click here to enquire now.
As a student with IIT (Cert IV in Accounting or Bookkeeping only) you are eligible to apply for student membership with ICB to provide you with industry information to prepare you for your Bookkeeping/Accounting career. Once you’ve completed your course, you can also register for ICB upgrade and have the $75 fee waived!
Our Certificate IV in Accounting FNS40615 course allows you to study via the flexible, Distance education program. Course material is included in the pricing and full support is available while you study at your own pace.
*Government Funding available to eligible Victorian students. $275 for eligible Gov funded students with free workshop classes! This course is also approved for Centrelink Austudy/Abstudy support.
The Certificate IV Course covers the following FIVE topics
| Course name: | Distance Education | Workshop |
| FNS40615 Certificate IV in Accounting | Call us or click here to enquire about our latest pricing |
*Dates in Melbourne, ask us for further information |
| Introduction to the Accounting Profession | Introduces the concept of accounting and its history. Provides students with an overview of how accounting is organised within Australia. Outlines Accounting Skills, Applying Principles of Professional Practice, use of technology, communication and health and safety practices within the accounting workplace/environment. | |
| Accounting, Business and Financial Terminology & Accounting Systems | Provides students with an overview of the accountant’s role, concepts, business organisations, and accounting reports such as Statement of Case Flows, Balance Sheets and Profit Statements. Students will also explore Administration of Financial Accounts, Accounting Systems and Purchases and Payment Cycles. | |
| Introduction to Financial Accounting & Financial Analysis | Provides students with an overview of Accounting Methods, Source Documents, Maintaining Financial Records, Financial Reports, Control Accounts, Monitoring Cash Control, Preparing and Processing Petty Cash Documents, Financial Ration Analysis and General Limitations of Financial Ratio Analysis. | |
| Accrual System of Accounting | Provides students with an overview of Details of Source Documents, Contra Entries, Adjusting Entries, Provisions (Allowances), Bad Debt, Managing Debt Recovery, Stock of Assets Used as Expenses, Depreciation, Charts of Accounts and Credit/Debit Card Payments. | |
| Payroll, Small Business & GST Issues | Provides students with an overview of payroll processes, using software, employee entitlements, GST Attribution, Cash Accounting Requirements, Tax Invoices, Business Activity Statement (BAS) and Introduction to the Pay As you Go (PAYG) System. | |
Course Overview
This course is ideal for adults of all ages seeking to enter the Accounting Industry or for those wanting to take their career to the next level in the most flexible and affordable manner.
| Entry Requirements | Nil. Year 12 English or equivalent is recommended. | |
| Hardware & Software | Access to a computer/laptop with internet access and either Google Chrome or Mozilla Firefox. Microsoft Excel 2003 or later, Microsoft Word 2003 or later. A device capable of recording video (distance students only). | |
| Study Method: Distance Education | Distance or self-paced learning allows you to start a course when it suits you best. Moreover, it provides you with the flexibility to continue with your other commitments in life, such as work, parenthood and your social life. BEST OF ALL, it gives you access to our Distance Education Team who can discuss concepts, conduct skill-based role plays and provide feedback on any assessments submitted. | |
| Course Duration | The duration of the course will vary depending on each individual student and their prior experience and knowledge. 710 hours over a maximum of 12 months is the recommended timeframe for students new to the industry. | |
| Assessments | True / False Questions (TF), Multiple Choice Questions (MCQ), Short Answer Questions (SAQ), an Accounting Software Assessment, Case study, Role-Play and Oral Assessment. For more information on assessment process, click here | |
| Exemptions and Recognition of Prior Learning (RPL) | If you have completed previous studies in the financial services area, you may be eligible for some credits towards the course by way of course exemptions. For more information on course exemptions and recognition of prior learning, click here | |
| Qualification Pathway | This course has national recognition. We recommend you progress into the FNS50215 Diploma in Accounting | |
| Related Courses | FNS50215 Diploma of Accounting | |
Units of Competency
To be awarded the Certificate IV in Accounting FNS40615, the following units of competency must be successfully achieved:
| BSBFIA401 | Prepare Financial Reports |
| BSBITU306 | Design and Produce Business Documents |
| BSBWHS201 | Contribute to Health and Safety of Self and Others |
| FNSINC401 | Apply Principles of Professional Practice to Work in the Financial Services Industry |
| FNSACC301 | Process Financial Transactions and Extract Interim Reports |
| FNSACC302 | Administer Subsidiary Accounts and Ledgers |
| FNSACC402 | Prepare Operational Budgets |
| FNSACC403 | Make Decisions in a Legal Context |
| FNSACC404 | Prepare Financial Statements for Non-Reporting Entities |
| FNSACC406 | Set up and Operate a Computerised Accounting System |
| FNSBKG401 | Develop and Implement Policies and Procedures Relevant to Bookkeeping Activities |
| FNSBKG402 | Establish and Maintain a Cash Accounting System |
| FNSBKG403 | Establish and Maintain an Accrual Accounting System |
| FNSBKG404 | Carry Out business Activity and Instalment Activity Statement Tasks |
| FNSBKG405 | Establish and Maintain a Payroll System |
Please contact us on 1300 88 33 46 for more information.
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Office Address - St Kilda Rd Towers, Level 1, 1 Queens Road, Melbourne, Victoria, 3004, AUSTRALIA