FNS40217 Certificate IV in Accounting and Bookkeeping
FNS40217 Certificate IV in Accounting and Bookkeeping
This qualification (FNS40217 Certificate IV in Accounting and Bookkeeping) reflects the job roles of workers in the accounting industry, including BAS Agents and contract bookkeepers; and of those employees performing bookkeeping tasks for organisations in a range of industries. It includes preparing and lodging business and instalment activity statements, and providing advice or dealing with the Commissioner on behalf of a taxpayer in relation to activity statements. Individuals in these roles apply theoretical and specialist knowledge and skills to work autonomously, and exercise judgement in completing routine and non-routine activities.
This course is nationally recognised under the Australian Qualifications Framework (AQF).
There are no formal pre-requisites in the training package for course entry, however ACSE sets a number of its own entry requirements.
There are a number of entry pathways for this qualification, include\ng after completing:
- FNS30115 Certificate III in Financial Services
- FNS30317 Certificate III in Accounts Administration
Clients must demonstrate Language, Literacy and Numeracy skills in line with AQF qualification level demands and ACSF skill level. Each client will undergo an LLN assessment during the application process.
Learning (ACSF Level 4), reading (ACSF Level 3), writing (ACSF Level 3), oral communication (ACSF Level 3) and numeracy (ACSF Level 4) are desirable to participate in the course. ACSE administers an LLN test based on the desirable ACSF levels.
Clients must also have access to:
- A PC or equivalent capable of processing and operating MYOB
- Internet connection
- A copy of MYOB and MS Office with MS Excel. Preferably MS Office 2010 or later and Windows 10 at a minimum. Students enrolled in a program of study can access MS Office 365 and a Windows 10 upgrade for free at https://www.microsoft.com/en-au/education/students/default.aspx This simply requires a valid email linked to a valid enrolment. The RTO can also access the same resources as an educational provider
The FNS40217 Certificate IV in Accounting and Bookkeeping is delivered completely via supported distance learning, using the Catapult e-learning platform integrated with the TRUSS Student Management System. Students will receive a unique student login at enrolment and be able to access all learning and assessment materials through the Student Portal. https://acse.elearninglogin.com/
Students are provided with an induction to the course, to outline the learning and assessment processes, support services and other relevant information
Students will need access to:
- Appropriate IT equipment, including a personal computer or tablet able to open and operate accounting and bookkeeping software
- Internet connection
- A copy of MYOB (Mind Your Own Business) – the Student Edition of MYOB is available online from https://www.myob.com/au/accounting-software/student-edition for $15. This provides full functionality with only some small restrictions for training, on transaction amounts.
- MS Word and MS Excel. A copy of Microsoft Office 2010 or later. Student and teacher copies of Office 365 are available for free at https://products.office.com/en-au/student/office-in-education?ICID=OfficeCatPage_SE_Officeforstudents-_feature-business-111717-en_AU Only a valid school or student email is required to access the product.
- Microsoft Windows 2010. This can also be accessed as an upgrade using the educational link above.
Students will be allocated an on-line trainer/assessor who they need to communicate with regularly throughout the duration of their training. The online trainer/assessor is there to:
- Provide guidance and tuition
- Check on progress at least once a month and for a total of one hour per unit at a minimum (phone, email, Skype, Google Hangouts).
- Mark assessments and provide feedback.
- Be a point of contact for grievances or personal problems that may be experienced
Students will be required to complete formative activities and summative assessment as they progress, using the Learner Guides, Assessment Workbooks and Learner Exercise Files provided to them. Aside from the IT and Software requirements mentioned previously, all other learning material is provided to the student.
Students will submit work through the Student Portal or email to their trainer/assessor for marking. Submitted work will be marked within 5 days and feedback provided and results entered by the trainer/assessor using the trainer portal.
Trainers will also contact students on a regular basis to provide support and assistance. During the contact trainers will provide support and encouragement and discuss:
- relevant course content and concepts
- learning opportunities
- feedback on submissions
- any issues the student is experiencing
- assessment requirements
- student progress
- course delivery schedule
- work placement related matters
Clients will be provided opportunities for Formative assessment during delivery. Trainers provide feedback to clients on areas for improvements to facilitate the development of appropriate knowledge and skills and prepare them for summative assessment.
The trainer may provide additional learning material where gaps are identified in the participant’s underpinning knowledge. Training staff will take all feasible steps to adjust delivery methodologies and materials to cater for individual learning needs.
Weekly webinars will be hosted by a trainer/assessor and will be conducted as interactive sessions. The webinar will be hosted on Google Hangouts or GoToMeeting. Webinar content will then be posted on the ACSE website.
- The duration of the course is 12 months self-paced, including all learning and assessment activities. However, it is anticipated that the course length will vary with regard to individual client’s level of expertise and time dedicated to study.As a guide, given the total number of units in the program is 13, students should aim to complete and be assessed in 1 unit per month. To do this, students will be required to study at least 9 hours a week or 36 hours a month.
Total number of units = 13
- 8 core units
- 5 elective units, of which:
- all 5 electives may be chosen from the electives below.
- up to 2 units may be from a Certificate III, Certificate IV or Diploma in any currently endorsed training package or accredited course, provided they do not duplicate the outcome of another unit chosen for the qualification.
The elective units must be relevant to the work environment and the qualification, maintain the integrity of the AQF alignment, and contribute to a valid industry-supported vocational outcome.
|Unit Code||Unit Name|
|BSBFIA401||Prepare financial reports|
|BSBITU306||Design and produce business documents|
|BSBITU402||Develop and use complex spreadsheets|
|BSBSMB412||Introduce cloud computing into business operations|
|FNSACC311||Process financial transactions and extract interim reports|
|FNSACC312||Administer subsidiary accounts and ledgers|
|FNSACC313||Perform financial calculations|
|FNSACC408||Work effectively in the accounting and bookkeeping Industry|
|FNSACC411||Process business tax requirements|
|FNSACC412||Prepare operational budgets|
|FNSACC416||Set up and operate a computerised accounting system|
|FNSTPB401||Complete business activity and instalment activity statements|
|FNSTPB402||Establish and maintain payroll systems|
You will be provided access to learning materials including:
- Learners Guides
- Assessment Workbooks
- Case Studies
- Simulated Work Environment
- Other resources including videos and reference material
- Additional assessment resources
Fees are payable when you receive your confirmation of enrolment and invoice for the enrolment fee. Fees must be paid within 5 days of receiving this notification from ACSE. We may cancel an enrolment or discontinue training if fees are not paid as required. Payment methods include direct deposit, cheque or credit card via Pay Pal.
- $1450 up front payment to secure course place.
- All learning materials included, no additional costs.
- Weekly Payment plan and installment options are available. Enquire about this option when you contact us if applicable.
- Total Cost: $1850
Our full Fee Schedule and Refund Policy are available at https://www.acse.edu.au/downloads/
As a condition of Enrolment and prior to signing any Enrolment paperwork, we require you to read our Refund Policy in full. This is to ensure you understand your rights with regard to obtaining a refund and any timelines that prescribe whether that can occur or not and the level of refund you may be entitled to.
Please go to https://acse.edu.au/wp-content/uploads/2018/02/52-Refund-and-Cancellation-Policy.pdf and read the policy in full or request a copy from [email protected]
To successfully complete the course, you will be required to submit a range of formative and summative assessment items at pre-determined intervals where possible. These include:
- Underpinning Knowledge reading and written responses
- Case study reading and written responses
- Journal and Ledger entry workbooks
- Practical projects
- Demonstration or observation (via video submission or digital media, mainly for RPL applicants)
- Presentation (via video submission as an alternative assessment mechanism)
Assessment is used to provide candidates with feedback on their progress and to measure their skills and knowledge against the training qualification requirements.
Assessment timelines will be provided on enrolment as part of your enrolment information package.
Students who obtain a competent result for all 8 core units and any 5 electives will receive FNS40217 Certificate IV in Accounting and Bookkeeping;
Students who do not obtain a competent result in the 8 core units and any 5 electives will receive a Statement of Attainment toward FNS40217 Certificate IV in Accounting and Bookkeeping only
The primary pathway from this qualification is a learning pathway into the FNS50217 Diploma of Accounting https://training.gov.au/Training/Details/FNS50217.
Completing FNS40217 Certificate IV in Accounting and Bookkeeping gives the candidate the following 6 units:
- FNSACC311 Process financial transactions and extract interim reports
- FNSACC312 Administer subsidiary accounts and ledgers
- FNSACC408 Work effectively in the accounting and bookkeeping industry
- FNSACC416 Set up and operate a computerised accounting system
- FNSTPB401 Complete business activity and instalment activity statements
- FNSTPB402 Establish and maintain payroll systems;
These units form the FNSSS00014 Accounting Principles Skill Set, which is also a pre-requisite for entry into the FNS50217 Diploma of Accounting. The candidate will receive Credit Transfer for these 6 units on admission to FNS50217 Diploma of Accounting
Pathway study options
From Certificate IV to Diploma, Advanced Diploma and beyond, Australian College Of Skills and Education nationally recognised Accounting qualifications provide a concise study pathway through to Higher Education.
Free IPA and/or ICB student membership
After enrolling into this program, you will be provided with a student membership with Institute of Certified Bookkeepers (ICB) and/or the Institute of Public Accountants (IPA) free of charge.
- Lectures 0
- Quizzes 0
- Skill level All levels
- Language English
- Students 0
- Assessments Yes