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FNS40222 Certificate IV in Accounting and Bookkeeping

This qualification reflects the role of individuals in the accounting and bookkeeping industry, including business activity statement (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, data processing, monthly reconciliations, preparing budgets, preparing reports on financial performance and the position of the business, preparing end-of-year adjustments, and finalising financial records after year-end. Dealing with the Commissioner of Taxation on behalf of a taxpayer in relation to activity statements and other lodgement matters is also a key component of the role that this qualification reflects. Individuals in these roles apply theoretical and specialist skills and knowledge to work autonomously, and exercise judgement in completing routine and non-routine activities.

Licensing, legislative, regulatory or certification considerations:
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the relevant regulator for specific guidance on requirements.

Persons providing a BAS service for a fee or other reward must be registered by the Tax Practitioners Board (TPB) and this qualification is currently cited as meeting the TPB education requirements for registration as a BAS agent. Other requirements apply, including a designated period of experience. Persons seeking BAS agent registration should check current registration requirements with the TPB, as registration requirements are reviewed regularly.

VET National CodeFNS40222
CRICOS Course Code110814B
Duration52 weeks including 12 weeks of Break/Holidays
Delivery ModeCertificate IV in Accounting and Bookkeeping is delivered face-to-face in classrooms with access to computers, printers, accounting software, and access to all the equipment and resources identified in each unit of competency. Self-Paced Learning: Students also complete independent self-paced learning each week, comprising of research, additional readings, assignments, projects, and preparing for assessments. All units are delivered as stand-alone units.
Tuition Fee$ 12,000
Enrolment Fee$ 200
Material Fee$ 300
Entry Requirements

Age Requirements: International students must be 18 years of age or above and provide evidence the following published entry requirements as stated below:

Academic Requirements:

  • Prospective AABT international students are required to demonstrate their capacity to complete the course successfully.
  • International students applying for Certificate IV level either off-shore or on-shore will need satisfactory completion of the equivalent of Australian Year 12 or Certificate III or higher qualification.

English Language Requirements:
To enrol into this course with Blue Lotus College, international students, applying either off-shore or on-shore, must satisfy one of the following requirements:

Either a minimum IELTS test score of 6 or equivalent for direct entry into a VET course;
or, IELTS score of 5.5 or equivalent with an ELICOS course (up to 10 weeks) to be taken before the main VET course;
or, IELTS score of 5.0 or equivalent with an ELICOS course (up to 20 weeks) to be taken before the main VET course.
Results more than two years old are not acceptable.

OR

Evidence that they have studied in English for at least five years in Australia, Canada, New Zealand, Republic of Ireland, South Africa, United Kingdom, or United States.

OR

Evidence that, within two years of their application date, they have successfully completed in Australia and in the English language, either the senior secondary certificate of education or a substantial component of a course leading to a qualification from Australian Qualifications Framework at the Certificate IV or higher level, while they held a student visa.

OR

For assessment levels 1 and 2 country students’ only, Successful completion of AABT Language and Numeracy Test conducted on AABT (for onshore international students only)

Please note that AABT will also accept equivalent test results from the following specified English Language Tests: TOEFL iBT, PTE Academic, Cambridge English: Advanced (CAE), and TOEFL PBT.

*On 26 July 2023 the TOEFL internet-based test (TOEFL iBT) stopped offering English language tests for Australian visa purposes. A score for a TOEFL iBT test taken on or after 26 July 2023 will no longer satisfy the English language requirement for Student visa purposes. Only TOEFL iBT scores from a test taken on or before 25 July 2023 are accepted for Student visa purposes.

**From 12 February 2024, only results from the paper-based Cambridge C1 Advanced test (previously known as Cambridge English: Advanced CAE) will be accepted for Australian visa and migration purposes. Test scores for both C1 Advanced paper-based and computer-based tests, taken before 12 February 2024, within the specified validity period, are still accepted.

Any AQF qualification at the Certificate III level or above in any discipline area delivered and assessed in English only will be deemed as meeting both the academic and English language entry requirements.

Enrolment Interview:
All students will be interviewed by AABT which aims to identify their training needs through questions on previous education or training, the relevance of the courses to students, and basic computing skills. Interviews will be organised upon receiving student applications both from onshore and offshore. The interview also aims to identify possible RPL opportunities and confirm oral communication skills.

Through interviews, students will demonstrate that they have the necessary skills to successfully complete the course.

Language, Literacy, and Numeracy Test (LLN):

  • All students are required to undertake a language, literacy and numeracy (LLN) test to provide any additional support.
  • Candidates undertaking this course must possess sound Numeracy skills since it requires them to do calculations, make reports and graphs.

Digital Literacy Entry Requirements:

  • Students are required to provide their own Laptop and/or tablet that is compatible with Australian power voltage requirements to use in class
  • Students are required to have intermediate-level computer skills to participate in the online component of this qualification

In addition, it is the policy of AABT that during initial engagement with the prospective student, the agent or our representative must interview the student to capture important information about the applicant and to personally inform them about their rights and obligations. Included in this interview is a discussion to identify any educational and support needs that will need to be addressed with services provided by the Australian Academy of Business and Technology.

Career Opportunities

Graduates may work in the following occupations:

  • Working with computerised accounting systems
  • Completing BSA and other financial statements
  • Producing non-complex management reports including compiling budget information
  • Supervising the operation of computer-based financial systems
  • General administration

Pathways

Students who successfully complete this course may further pursue Diploma level qualifications within the Financial Services Training Package.

Pathways from the qualification:

  • FNS50222 Diploma of Accounting
Course Structure To be awarded FNS40222 Certificate IV in Accounting and Bookkeeping, learners must be deemed competent in 13 units of competency, which includes: 10 Core Units and 3 Elective Units.

The units offered by AABT are listed below:
Core Units
BSBTEC302Design and produce spreadsheets
FNSACC321Process financial transactions and extract interim reports
FNSACC322Administer subsidiary accounts and ledgers
FNSACC412Prepare operational budgets
FNSACC414Prepare financial statements for non-reporting entities
FNSACC418Work effectively in the accounting and bookkeeping industry
FNSACC421Prepare financial reports
FNSACC426Set up and operate computerised accounting systems
FNSTPB411Complete business activity and instalment activity statements
FNSTPB412Establish and maintain payroll systems
Elective Units
FNSACC413Make decisions in a legal context
BSBPEF501Manage personal and professional development
BSBWRT311Write simple documents

All electives were chosen based on the feedback of industry experts during industry consultation session. It was agreed that all the units chosen for electives provide knowledge base to perform a range of financial function in the industry.



Note: Fees may change during your course of study. AABT reserves the right to discontinue or alter any course date, tuition or service fee, location, timetable or staffing without prior notice. This will constitute a provider default and all tuition fees will be handled in accordance with AABT’s Refund Policy. Interest will not be credited to Student Fees or disbursements and therefore no interest will be recovered by students in the event of cancellation. Students must maintain valid Overseas Student Health Care insurance throughout their enrolment.
How To Apply

To find out the methods of application, visit How to apply page If you have a query about how to apply or entry requirements, contact admissions@aabt.edu.au

Certificate IV in Accounting and Bookkeeping is delivered under competency-based training which means instead of grading or marks, students are required to demonstrate all the criteria for each unit of competency and students are marked “Competent” or “Not yet competent”. Typical assessment methods will include written questions, case studies, role plays, and skills demonstrations. Read more about virtual classes for a diploma of leadership and management