Certificate IV in Accounting and Bookkeeping FNS40217*Meets BAS education requirements! Enrol here
**MYOB Academy course included when you enrol in this qualification. Learn how to use accounting software, no extra charge. For a limited time only! *You can use XERO instead for the Cloud based assessment requirements if you prefer.
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 and Bookkeeping FNS40217 is for you! This course gives you a great grounding of basic accounting industry knowledge, which 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 through the updated MYOB academy trial program and perform various functions through the academy software, including Single touch payroll (STP) and creating sales orders, purchase orders, business and GST details and many more processing tools.
What separates International Institutes’ Certificate IV In Accounting and Bookkeeping FNS40217 from other institutions who offer this certificate, is our experience in teaching it! We are nationally recognised and accredited, with teachers who are industry professionals, and are able to give you the benefit of their years of experience practicing accounting. Flexible learning online with full support from our distance education staff. Our E-learning platform is easy to navigate through and full support is offered throughout the course. Full course material and resources to assist you in learning are all available on the platform on in hard copy format. Online learning in a flexible system to allow you to study anywhere!
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 and Bookkeeping FNS40217 meets the educational requirements of the Tax practitioner Board for BAS Agent education and provides a pathway into the Diploma of Accounting and the Advanced Diploma of Accounting. Contact us to find out about this deal. click here to enquire now.
As a student with IIT (Certificate IV in Accounting and 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 and Bookkeeping FNS40217 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. Enrol here
*This course is approved for Centrelink Austudy/Abstudy support.
|Course name:||Distance Education/Online|
|FNS40217 Certificate IV in Accounting and Bookkeeping||
The Certificate IV Course covers the following FIVE topics
|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.|
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. A maximum of 18 months is the recommended time frame for students new to the industry. *This course is self paced, so you can finish it as quickly as you like.|
|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 FNS50217 Diploma in Accounting *Currently IIT do not offer this course|
Units of Competency
To be awarded the Certificate IV in Accounting and Bookkeeping FNS40217, the following units of competency must be successfully achieved:
|BSBFIA401||Prepare Financial Reports|
|BSBITU306||Design and Produce Business Documents|
|BSBSMB412||Introduce Cloud Computing into Business Operations|
|FNSINC411||Conduct work according to professional practices in the financial services industry|
|FNSACC311||Process Financial Transactions and Extract Interim Reports|
|FNSACC312||Administer Subsidiary Accounts and Ledgers|
|FNSACC412||Prepare Operational Budgets|
|FNSACC413||Make Decisions in a Legal Context|
|FNSACC414||Prepare Financial Statements for Non-Reporting Entities|
|FNSACC416||Set up and Operate a Computerised Accounting System|
|FNSACC408||Work Effectively in the Accounting and Bookkeeping Industry|
|FNSTPB401||Carry Out business Activity and Instalment Activity Statement Tasks *BAS unit (meets partial GST requirement)|
|FNSTPB402||Establish and Maintain a Payroll System *BAS unit (meets partial GST requirement)|
Please contact us on 1300 88 33 46 for more information.