FNS40222 Certificate IV in Accounting and Bookkeeping
CONTACT US HERE to find out more. Only $1199!
- Free ICB (Institute of Certified Bookkeepers) membership included
- BAS Agent units included and approved by the TPB including TASA
XERO or MYOB option for Cloud case study
*A Separate Certificate of completion is issued for the Accounting Software component of the course.
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.
Completing your qualification through IIT gives you more support and flexibility than most providers. This is due to us allowing you to work at your own pace and fees are far lower than Universities or Tafe providers, as IIT is privately owned. We take great pride in the quality of our assessments and support we give students. We are accredited by ICB and ASQA, so you are enrolling into a Nationally recognised qualification, with quality educators.
This course gives you a great grounding of basic accounting industry knowledge, which will help you decide if Accounting and Bookkeeping is truly what you want to be a part of. 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.
You will be qualified to understand the process of Payroll functions in Accounts payable roles and will Learn how to become a qualified Bookkeeper and Accountant with our accredited FNS40222 Certificate IV in Accounting and Bookkeeping course. 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!
What outstanding benefits are there for International Institute of Technology’s FNS40222 Certificate IV In Accounting and Bookkeeping from other institutions who offer this certificate?
Our experience in teaching it! We are nationally recognised and accredited, with teachers who are industry professionals, and are able to give you the benefit of their years of experience practicing accounting. Flexible learning online with full support from our distance education staff. Our E-learning platform is easy to navigate through and full support is offered throughout the course. Full course material and resources to assist you in learning are all available on the platform. This is online learning in a flexible and easy to navigate platform, to allow you to study anywhere!
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. Contact us to find out about this deal. Click here to complete contact details so that we can send you the relevant pricing and enrolment registration details.
*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 total fee for just the BAS agent Skill set is reduced to $475.00
Click here for BAS Agent Skill Set enrolment forms
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!
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 here
**This course is approved for Centrelink Austudy/Abstudy to eligible students
Course name: | Distance Education/Online | |
FNS40222 Certificate IV in Accounting and Bookkeeping | (instalments available) FNS40222 Enrol here to register for course Call us on 1300 88 33 46 or CONTACT US HERE |
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 do not currently deliver these qualifications |
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 International Institute.
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 *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 |
Please contact us on 1300 88 33 46 for more information or email us at education@iit.edu.au
Connect with us!
Office Address - St Kilda Rd Towers, Level 1, 1 Queens Road, Melbourne, Victoria, 3004, AUSTRALIA