FNS40222 Certificate IV in Accounting and Bookkeeping

Begin Your Journey Towards a Rewarding Career in Accounting and Bookkeeping

The FNS40222 Certificate IV in Accounting and Bookkeeping offers a clear path to success in the financial services sector. It’s designed for individuals who want to work as BAS agents, contract bookkeepers, or in bookkeeping roles across a range of industries. If you’re starting your career or expanding your existing skills, this qualification equips you with the technical knowledge and hands-on experience needed to thrive in this dynamic field.

Why This Course is Right for You

By enrolling in this course, you’ll develop the essential skills to handle key financial tasks, including preparing and lodging Business Activity Statements (BAS), managing payroll, creating financial reports, and completing critical year-end processes. You’ll also learn how to apply professional judgement in both routine and complex financial situations, positioning you to take on greater responsibilities in the workplace and contribute directly to business success.

What You’ll Learn

This course covers the core areas of accounting and bookkeeping, ensuring you are fully equipped to manage financial tasks with confidence and precision. You’ll gain hands-on experience in areas such as:

• Designing and producing business spreadsheets
• Processing financial transactions and preparing financial reports
• Administering accounts and managing ledgers
• Completing and lodging BAS and Instalment Activity Statements
• Setting up and maintaining payroll systems that comply with Australian tax regulations

Why Study with Us?

Our flexible, online learning platform allows you to study at your own pace, making it easy to balance work, study, and personal commitments. You’ll have access to a comprehensive range of resources, including interactive eLearning materials, video tutorials, and support from experienced trainers. We’re committed to providing an engaging learning experience that supports your success every step of the way.

Here’s why students choose our programme:

• Self-paced learning – Fit your studies around your schedule.
• Expert guidance – Receive personalised support from trainers with real-world industry experience.
• Practical application – Gain skills you can immediately apply in the workplace.
• Career progression – This qualification opens doors to advanced roles in accounting and finance.
• Nationally recognized – Our course meets the Tax Practitioners Board (TPB) education requirements for BAS agent registration.

Start Your Accounting Career Now

The demand for skilled professionals in the financial services sector is growing, and the FNS40222 Certificate IV in Accounting and Bookkeeping is your key to career opportunities while providing you with the skills, knowledge, and confidence to succeed.

For more information fill our form or call us on +61 1300 783 283 and take the first step towards a successful career in accounting and bookkeeping.

FNS40222 Certificate IV in Accounting and Bookkeeping

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 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.

Licencing, legislative, regulatory or certifications 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.

More information on the Tax Practitioners Board registration requirements can be found here.

Study Mode

Self-paced completed online in your own time, at your own pace.

This course is delivered using an asynchronous study methodology, utilising mainly online delivery (eLearning) of learning materials and assessment resources.

We provide our students ongoing support throughout the course duration via telephone, emails and/or virtual online meetings, on request.

Flexible Duration

Up to 15 months – Can be extended up to and no longer than 3 months depending on course progression.

Study Load

Self-Paced – Completion of one unit per month is recommended to ensure ongoing progression and completion within the course duration.

Start Date

Start anytime

Course Units

This qualification consists of 13 units (10 core units and 3 elective units).

Course Completion/Pathways

Students obtaining a ‘competent’ result for all units of competency will achieve the FNS40222 Certificate IV in Accounting and Bookkeeping certificate.

A Statement of Attainment will be issued to students who complete less than the required units for the full qualification.

*Note: Australian College does not guarantee successful completion of the course nor guarantees a particular employment outcome on completion of the qualification.’

Graduates may choose to further their study through enrolment in the FNS50222 Diploma of Accounting.

Career Opportunities

Students completing this qualification can aspire to work in a position of accounts supervisor, accounts officer, bookkeeper.

There are no formal entry requirements for this qualification listed in the Training Package and as found at https://training.gov.au/Training/Details/FNS40222

However, Australian College has certain admission criteria for this course. Prospective students must:

• be minimum 16 years of age or older at the time of enrolment. Parental consent is required from all students under the age of 18 years
• complete a language, literacy and numeracy test prior to enrolment
• have access to a real accounting and bookkeeping work environment
• depending on the unit, students may be required to interact with actual or simulated team members, clients and staff and may be required to participate in audio/video-recorded role-plays with others
• obtain their Unique Student Identifier (USI) and provide it to Australian College. Information on how to obtain a USI can be found here.
• agree to comply with Australian College policies and procedures as published on the website and outlined in the Student Handbook.
• pay all fees as outlined in the Enrolment Terms and Conditions.

Students must have access to and be able to operate:

• An internet-enabled PC/Laptop or similar running a current operating system (e.g. Windows 10 or Mac OSX)
• An audio/video recording device (such as a mobile phone) for the purpose of preparing audio/video assessment recordings
• Microsoft Office (or compatible software)
• Current web browser (e.g., Chrome)
• Adobe Acrobat Reader or another PDF document viewer
• Valid email address

As part of this course, students will need to access the MYOB Student Edition software. Students can sign up for 6 months free access on their website here.

If students are using the MYOB software we recommend to purchase a MYOB text book such as: MYOB v19.12 AccountRight Pl by Greg Pazmandy 1st Edition (January, 2018) ISBN 978-1-76073-026-0 available to be purchased here: https://lnonline.com.au/products/2018-myob-v19-12-accountright-plus-1

Note: These resources will have to be organised/purchased by the student. 

Overseas Students Policy

This course is not available to students on an Overseas Student Visa.

As defined in the ESOS Act 2000, Overseas students are not eligible to apply to enrol in this nationally recognised course, nor are they eligible for certification. Please refer to the Enrolment Terms and Conditions.

This course is delivered using an asynchronous study methodology, utilising mainly online delivery (eLearning) of training materials supported with emails and phone calls with the trainer and assessor, on request.

Self-paced completed online in your own time, at your own pace. We provide our students ongoing support throughout the course duration via telephone, emails and/or virtual online meetings.

It is recommended that students have access to a real accounting work environment to be able to practice their skills while learning and completing assessment tasks which may require accounting specific equipment and software.

*Note: It is the student’s responsibility to organise their own access to a real work specific environment for the course.

Assessments

To ensure we gather all types of evidence as required by the training package and unit requirements, various assessment methods are being used to assess the student’s competencies.

Following are assessment methods used for this qualification:

• Knowledge/Theory based assessment consisting of questions and answers
• Case Studies – includes analysis of case studies and answering questions
• Projects – depending on the unit, projects may have to be completed in a simulated environment or in a real workplace
• Workplace practical activities and observations
• Third Party Reports
• Portfolio Builder

Please note that following units have supplementary requirements for assessments:

• FNSTPB411 Complete business activity and instalment activity statements
• FNSTPB412 Establish and maintain payroll systems

 These units form the FNSSS00004 BAS Agent Registration Skill Set, which are assessed as per the Tax Practitioner Board (TPB) requirements.

Therefore, at least 40% of the assessment tasks must be supervised by an independent supervisor as outlined in the ‘Independent Supervisor Checklist and Declaration Form’ provided by Australian College to the Students in the Assessment Information of these units.

Please note that some of the practical activities must be demonstrated in a simulated work environment and will have to be video recorded and submitted via Australian College LMS for marking.

This qualification does not require mandatory work placement.

However, Australian College recommends students to have access to a real accounting and bookkeeping work environment for them to practice and complete assessment tasks using specific software and equipment.

For more information on work experience, please contact the College via email at: [email protected]

RPL and Credit Transfer is available for all students to consider. Students will be provided with information about RPL and Credit Transfer prior to enrolment. Australian College will recognise the AQF qualifications and statements of attainment issued by other RTO’s, upon verification with the issuing organisation.

For more information on RPL and Credit Transfer email us at [email protected] 

Course Fees – $4,000

PAYMENT OPTION 1 – $1,400 on enrolment, $1,400 on week 2, $1,200 on week 3
PAYMENT OPTION 2 – $450 deposit, then $80 weekly (for 50 weeks) = $4,450
PAYMENT OPTION 3 – Zip Money or customise your own payment plan