How to Enrol
To apply and enrol into this course please follow the link below.
Website
FNS40222 - Certificate IV in
Accounting
& Bookkeeping
- Duration: 36 weeks
- (including 14 weeks holiday break)
- Tuition Fees: $5500
- Material Fee: $500
- Enrolment Fee: $250
- Total Course fees: $6,250
MODE OF STUDY
Face to face including classrooms for theory learning and access to accounting environment and templates for the case studies wherever required by the units.
Delivery Location / Classroom
Suite 1, Level 5, 398 Lonsdale Street, Melbourne VIC 3000
COURSE DESCRIPTION
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 organizations 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/REGULATORY INFORMATION
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 quali cation 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.
COURSE STRUCTURE
In order to achieve this qualification, student must complete following 13 units of competencies.
• 10 core unit, plus
• 3 elective units
| Unit Code | Unit Title | Core / 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 |
|
FNSACC414 |
Prepare financial statements for non-reporting entities |
Core |
|
FNSACC418 |
Work effectively in the accounting and bookkeeping industry |
Core |
|
FNSACC421 |
Prepare financial reports |
Core |
|
FNSACC426 |
Set up and operate computerised accounting systems |
Core |
|
FNSTPB411 |
Complete business activity and instalment activity statements |
Core |
|
FNSTPB412 |
Establish and maintain payroll systems |
Core |
|
BSBTEC301 |
Design and produce business documents |
Elective |
|
BSBTEC402 |
Design and produce complex spreadsheets |
Elective |
|
FNSPAY512 |
Process superannuation payments in payroll |
Elective |
The volume of learning for the qualification is 600 hours. This comprises of:
• Learning Hours – 356 hours
• Assessment – 244 hours
This course will be delivered over 36 weeks of course duration including 30 weeks delivery and 6 weeks holidays. Students are required to attend a minimum 20 scheduled course contact hours per week.
ASSESSMENT METHODS
Knowledge Questions, Research Report/Project, Case Study role play and Practical Observation/ demonstration including use of MYOB for financial reporting.
Pathways
PATHWAYS FROM THE QUALIFICATION
After achieving this qualification, candidates may undertake FNS50222 – Diploma of Accounting.
(Please note that while Australian Engineering College does not offer this qualification indicated within the pathway, Australian Engineering College identifies relevant progression that may be attained)
EMPLOYMENT/CAREER PATHWAY
Units in this qualification reflect the knowledge and skills of individuals with significant experience in:
• BAS Agents
• Contract bookkeepers.
• Performing bookkeeping tasks for organisations in a range of industries.
Above pathway information is in line with qualification description on National Training Register (www.training.gov.au) and/orhttps://www.myskills.gov.au/, it doesn’t imply any job guarantee or job role at the end of the course.
Australian Engineering College doesn’t claim any employment outcome or job guarantee associated with its courses as it will be
misleading.
ENTRY REQUIREMENTS
All students are required to meet following requirements in order to be accepted into Australian Engineering College courses.
AGE REQUIREMENTS
Students must be above 18 years of age while filling up the application form.
ENROLMENT INFORMATION
• A completed application form and signed agreement
• Identification documents, one of which is a photo of the student such as a driver’s license
English Language Requirements for International students:
International students applying for course at AEC either off-shore or on-shore will require:
| English Language Test Providers | Minimum Test Score | Minimum Test Score where combined with at least 10 weeks ELICOS | Minimum test score where combined with at least 20 weeks ELICOS |
|---|---|---|---|
|
International English Language
Testing System
|
5.5 |
5 |
4.5 |
|
*Test of English as a Foreign
Language (TOEFL) paper based
|
5.27 |
500 |
450 |
|
TOEFL internet-based test
|
46 |
35 |
32 |
The test must have been taken no more than two years* before you apply to study at AEC.
*The date when AEC receives the signed written agreement (either through email or in hand)
i. International students applying for this course either off-shore or on-shore will require either a minimum IELTS test score of 6.0 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.
ii. To provide 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.
iii. To provide evidence that, within two years* of their signed written agreement date, they have successfully completed in
Australia a foundation course or a Senior Secondary Certificate of Education or a substantial part of a Certificate IV or
higher-level qualification, from the Australian Qualifications Framework.
iv. Students must successfully score equivalent to IELTS 6 in the Oxford English Placement Test.
ACADEMIC REQUIREMENTS
To enter FNS40222 – Certificate IV in Accounting and Bookkeeping: Entry to this qualification is limited to those who have successfully completed year 12 or senior secondary studies in applicant’s home country equivalent to Australian senior secondary school examination.
LANGUAGE, LITERACY AN
LANGUAGE, LITERACY AND NUMERACY TEST (LLN)
Students undertaking this course must possess sound language, literacy and numeracy skills since course requires leaners to review business activities statements, prepare financial reports, set up accounting systems, create and maintain payroll systems, create spreadsheets and to do calculations or any other course related work.
To determine the above skills, all students wanting to study at AEC are required to undertake LLN test prior to the commencement of the course. Based on the test outcome, students may be identified as requiring internal support and/or external support.
LLN test will be conducted on campus by using an ACSF mapped online LLN assessment tool – LLN Robot under the supervision of qualified LLN assessor. All students are required to undertake a language, literacy and numeracy test (LLN) according to the following qualification: FNS40222 – Certificate IV in Accounting and Bookkeeping ACSF Level 4
