Certificate IV in Accounting and Bookkeeping

FNS40222 Certificate IV in Accounting and Bookkeeping

Invest in the right training - not just the cheapest course!

IIT includes:

• Nationally recognised FNS40222 Certificate IV in Accounting and Bookkeeping
• Xero/MYOB training
• TPB-approved BAS Agent units included
• ICB student membership
• Student support
• Self-paced online study
• Flexible completion
• Assessment support
• Efficient turn around for marking

Our FNS40222 Certificate IV in Accounting and Bookkeeping course allows you to study via the flexible, Online Self paced program. Course material is included in the pricing and full support is available while you study at your own pace.

Enrol now

Contact us to find out more. XERO or MYOB option for cloud based case study.

A Separate Certificate of completion is issued for the Accounting Software component of the course.

• Free ICB (Institute of Certified Bookkeepers) membership included

• BAS Agent units included and approved by the TPB including TASA

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’ FNS40222 Certificate IV in Accounting and Bookkeeping is for you! This course covers topics and assessments related to budgeting and cash flow statements, profit and loss statements, Trial balance sheets, ledgers and Accounting Journals required to run a Bookkeeping business. BAS agent units are included to meet the TPB education requirement to be a registered BAS agent.

This course gives you a great grounding of basic accounting industry knowledge and takes you through the knowledge to learn how to become a bookkeeper. Learn how to use MYOB or XERO with our free student step by step program through the updated MYOB academy trial program or XERO Trial 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. These Bookkeeping real world assessment tasks teach you the fundamentals of how to step into the bookkeeper role with full support.

The Certificate IV in Accounting and Bookkeeping teaches you how to understand the process of Payroll functions in Accounts payable roles and you will Learn how to operate as a qualified Bookkeeper with our practical bookkeeping assessment tools. Study bookkeeping in the comfort of your own home at your own pace with full support from our dedicated support team. If you want to work in an Accounts Payable or Payroll type of job, this is the course for you!

Students who have completed this course have gone onto become Bookkeepers, Trainee Accountants, Accounts Receivable and Payable Clerks, Insurance Clerks, Payroll Clerks, General Clerical Officers, BAS agents and Administration Managers.

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, WET AND LCT
• Superannuation Guarantee
• Payroll taxes
• Stamp duty
• Land Asset
• GST and PAYG requirements

The FNS40222 Certificate IV in Accounting and Bookkeeping meets the educational requirements of the Tax practitioner Board for BAS Agent education. Call us to find out about this deal. Send us your contact details so that we can send you the relevant pricing and enrolment registration details. Call us now1300 88 33 46

If you only require the FNSSS00004 Bas Agent skillset please enrol below using the BAS Agent Skill Set enrolment form link. You must already have an Accounting qualification to enrol just into the BAS agent units.

The BAS Agent Skill Set is also available on its own. SUPER SALE $475 ends soon. Enrol now

The BAS agent skill set includes the two units of competency FNSTPB411 and FNSTPB412 and forms part of the FNS40222 Certificate IV in Accounting and Bookkeeping qualification. You can only complete this skill set if you already have a qualification in Accounting which is recognised by the TPB, as you cannot register as a BAS agent without the foundation Accounting qualification and BAS agent units.

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 $132 fee waived!

If you want the best Bookkeeper training online, enrol now. Enrol now

This course is approved for Centrelink Austudy/Abstudy to eligible students

The FNS40222 Certificate IV in Accounting and Bookkeeping 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, Chart 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, STP and 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. 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.

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, email us on education@iit.edu.au for further information.

Qualification Pathway

You can progress to the Diploma of Accounting. IIT does not deliver this qualification

Units of Competency

To be awarded the FNS40222 Certificate IV in Accounting and Bookkeeping the following units of competency must be successfully achieved. All units of competency are mapped to our learning material and assessment tools. Student’s cannot swap out any electives, they are the chosen elective units for this qualification by IIT.

FNSACC421

Prepare Financial Reports Core

BSBTEC301

Design and Produce Business Documents Elective

BSBTEC404

Use digital technologies to collaborate in a work environment Elective

BSBTEC302

Design and produce spreadsheets Core

FNSACC321

Process Financial Transactions and Extract Interim Reports Core

FNSACC322

Administer Subsidiary Accounts and Ledgers Core

FNSACC412

Prepare Operational Budgets Core

FNSACC413

Make Decisions in a Legal Context Elective

FNSACC414

Prepare Financial Statements for Non-Reporting Entities Core

FNSACC426

Set up and Operate computerised accounting Systems Core

FNSACC418

Work Effectively in the Accounting and Bookkeeping Industry Core

FNSTPB411

Complete business activity and instalment activity statements BAS unit (meets partial GST requirement) Core

FNSTPB412

Establish and maintain payroll systems BAS unit (meets partial GST requirement) Core