The Certificate IV in Accounting and Bookkeeping qualification reflects the job roles of workers in the bookkeeping and accounting industry, including 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 installment 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 judgment in completing routine and non-routine activities. Licensing/Regulatory Information: Work functions in the occupational areas where this Certificate IV in Bookkeeping and Accounting qualification may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on requirements. Persons providing a Business Activity Statement (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. Other conditions 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 Code | FNS40222 |
| CRISOS Course Code | 110020C |
| Duration | 52 Weeks (40 weeks of class and 12 weeks of break/holidays) |
| Tuition Fee | $14,500 |
| Enrollment Fee | $300 |
| Material Fee | $500 |
| Delivery Mode | This course comprise a 10-week study period in each term, excluding holidays, with 20 hours per week of face-to-face training and assessment. |
| Age Requirement | All international students must be at least 18 years of age or above at the time of course commencement to study at BLC. |
| Academic Requirements | International students applying for this qualification either off-shore or on-shore will need satisfactory completion of the equivalent of Australian Year 11 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:
Results more than two years old are not acceptable. OR
OR
Please note that Blue Lotus College 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. |
| Pre-Training Review | All students will undertake a pre-training review, which aims to identify their training needs through questions on previous education or training, basic computing skills, and an interview conducted by a BLC enrolment officer. The interview also aims to identify possible RPL opportunities. Through pre-training review, students will demonstrate that they have the necessary skills to complete the course. |
| Language, Literacy and Numerancy Tests | All students are required to undertake a Language, Literacy, Numeracy, and Digital (LLN&D) test mapped to ACSF through Language, Literacy, Numeracy, and Digital (LLN&D) Robot to identify if a student requires BLC to provide any additional support. Expected Language, Literacy, Numeracy, and Digital (LLN&D) outcome is ACSF Level 2 for Certificate IV in Accounting and Bookkeeping. This is not an entry requirement but is designed to determine if a student has any specific Language, Literacy, Numeracy, and Digital (LLN&D) support needs in the context of VET training and has a different purpose to the English entry requirements which are assessed prior to offering a student a place in a course. The results of the Language, Literacy, Numeracy, and Digital (LLN&D) test are provided to the trainer who can further advise the student if they require additional Language, Literacy, Numeracy, and Digital (LLN&D) support to successfully achieve the course outcomes. If learners do not meet English and Language, Literacy, Numeracy, and Digital (LLN&D) requirements, learners will be asked to take further Language, Literacy, Numeracy, and Digital (LLN&D) training e.g. English Language Intensive Course for Overseas Learners (ELICOS) programs with BLC. |
| Computer Literacy Requirement | Students are required to have basic computer skills including operating MS-word and doing research on the Internet as all the courses require students to make reports in MS word, Excel, PowerPoint Presentation, etc. Student should have ability to use internet and access to PDF application. |
| Materials and Equipment Requirement | Although Blue Lotus College will provide access to computers/laptops with required resources during classroom hours however to work on assignments and tasks for self-study, all learners are expected to bring a laptop with the Windows 10 operating system or higher. Students must have an active email address for communication and be contactable by phone (mobile or landline) and by mail (postal address). |
| Recognition of Prior Learning (RPL) | RPL is available for each unit of competency based on relevant workplace experience, formal training, and/or other expertise. To apply for RPL, please discuss with our student support team or your trainer/assessor. |
| Credit Transfer | You can be granted Credit Transfer for completed parts, or all, of an accredited qualification, with equivalent units. Please discuss this at the time of enrolment. |
To be awarded the FNS40222 Certificate IV in Accounting and Bookkeeping qualification, learners must be deemed competent in 13 units of competency, as specified in the Accounting Resources and Training Package qualification rules, which include:
For more information, visit the official training package details: FNS40222 Certificate IV in Accounting and Bookkeeping.
Core Units:
| No. | Unit Code | Unit Title |
|---|---|---|
| 1 | FNSACC321 | Process financial transactions and extract interim reports |
| 2 | FNSACC322 | Administer subsidiary accounts and ledgers |
| 3 | FNSACC418 | Work effectively in the accounting and bookkeeping industry |
| 4 | BSBTEC302 | Design and produce spreadsheets |
| 5 | FNSACC426 | Set up and operate computerised accounting systems |
| 6 | FNSTPB412 | Establish and maintain payroll systems |
| 7 | FNSTPB411 | Complete business activity and instalment activity statements |
| 8 | FNSACC421 | Prepare financial reports |
| 9 | FNSACC412 | Prepare operational budgets |
| 10 | FNSACC414 | Prepare financial statements for non-reporting entities |
Elective Units:
| No. | Unit Code | Unit Title |
|---|---|---|
| 11 | BSBWRT311 | Write simple documents |
| 12 | BSBPEF501 | Manage personal and professional development |
| 13 | FNSACC413 | Make decisions in a legal context |
Note: Fees may change during your course of study. BLC 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 Blue Lotus College’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.
This program 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 knowledge questions, case studies, role plays, project and skills demonstrations.
