Certificate IV in Accounting and Bookkeeping

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National Code: FNS4022 | CRICOS Code: 109990G

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.

Course Detail

Fees

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Mode

Entry Requirement

Fees

Crisco Code

National Code

Entry Requirements

English language/literacy/numeracy requirements

International students applying either off-shore or on-shore will require:

either a minimum IELTS test score of 5.5 or 65 score in TOEFL or equivalent; Results older than two years are not acceptable, or
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

Academic requirements

For entry into this qualification, international students should have completed Australian Year 12 or equivalent or Certificate III in Accounting or Account Administration.

In case of domestic students, Australian Year 11 or equivalent or Certificate III in Accounting or Account Administration would be required.

The entry requirement can be met by evidence of equivalent competency to either of the above through recognition of prior learning (RPL).

Age requirement

International students should generally be 18 years of age or above at the time of their course commencement at the Institute. Under 18 students should have acceptable arrangements for their accommodation, support, and general welfare for the student visa duration or until they turn 18 (whichever happens first) as per the ESOS Act and National Code.

In the case of domestic students, if the applicant has not completed Year 12 or Certificate IV or higher, the applicant must meet the requirement of the Institute’s language and numeracy test. The applicant should demonstrate through an enrolment interview, either in person or by phone, that they have the skills and ability to succeed in their chosen course.

Course structure

This course is delivered in 52 weeks in four terms, including 12 weeks of term breaks and holidays. Students will need to complete 13 units of competency (8 core units and 5 elective units) to attain the qualification.
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Career prospects

The primary pathway from this qualification is employment in junior-level accounting and bookkeeping job roles. A further learning pathway utilising qualifications such as FNS50217 Diploma of Accounting would support career progression.

Pathways to the qualification

Completion of Tertiary certificate in Certificate IV in any vocational courses or equivalent degrees.
Student’s experience in research and planning in any disciplines will be much value adding.

Pathways from the qualification

After completing this qualification, participants may seek relevant employment opportunities, or any training options. After achieving this qualification candidates may undertake Diploma level qualifications within FNS Financial Services Package, or other relevant Training Packages.

Delivery

This course is delivered through face-to-face/classroom and online learning. Delivery of this qualification will combine theory-based material and practical sessions and independent learning, involving small discussion groups, individual and team activities and practical projects.

Throughout the training program participants will be provided with training and resource materials that contain various worksheets, handouts, additional reading materials (where required) and the assessment tasks.

Upon successful completion of this course, students will receive a nationally recognized FNS40217 Certificate IV in Accounting and Bookkeeping.

Assessments

Training is delivered in a blended mode including 14 hours face-to-face in the classroom (70%) and 6 hours online learning (30%) weekly with a total of 20 hours per week.

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Unit Code	Unit Name
Core
BSBTEC302	Design and produce spreadsheets
FNSACC421	Prepare financial report
FNSACC426	Setup and operate computerised accounting system
FNSACC322	Administer subsidiary accounts and ledgers
FNSACC412	Prepare operational budgets
FNSTPB412	Establish and maintain payroll systems
FNSACC321	Process financial transactions and extract interim reports
FNSACC414	Prepare financial statements for non-reporting entities
FNSACC418	Work effectively in the accounting and bookkeeping industry
FNSTPB411	Complete business activity and instalment activity statements
Elective
BSBTEC404	Use digital technologies to collaborate in a work environment
FNSACC413	Make decisions in a legal context
FNSACC323	Perform financial calculations

Career prospect and vocational outcome

Employment opportunities greatly vary for graduates depending on their existing qualifications and experience. The course intends to develop participants’ competency to undertake management or operational roles within an organization for:

Implementing new business models that incorporate Blockchain technologies to create value, efficiencies and new opportunities.
Implementing disruptive business systems that enable the application of Blockchain technologies.
Developing and overseeing Blockchain teams.

Graduates can work as a manager, researcher, a consultant with the challenging responsibility of integrating and implementing blockchain technologies in the existing or new organizations

Graduates can work as a Trainer and Assessor in RTOs in Australia for the Diploma of Applied Blockchain course with an additional Vocational Education Teaching qualification such as the Certificate IV in Training and Assessment or equivalent.

Preferred Pathways to the qualification

Completion of Tertiary certificate in Certificate IV in any vocational courses or equivalent degrees.
Student’s experience in research and planning in any disciplines will be much value adding.

Preferred Pathways from the qualification

After completing the qualification, participants may seek relevant employment opportunities or any training options as:

Undertake 10747NAT Advanced Diploma of Blockchain or equivalent training course.

Graduate with a Tertiary level degree completes the Diploma of Applied Blockchain finds a wide range of employment in the area of applying Blockchain technologies as:

Consultancy in the area of business modelling and value creation incorporating Blockchain technologies.
Consultancy in the area using Blockchain technologies.
Consultancy in the area of transitioning organizational systems to Blockchain technologies.

Delivery

Due to the COVID-19 situation, the course is a blended mode of face-to-face and online participation. Students appear in face-to-face tuition of a minimum of 15 hours within an institution-based environment and online learning of 5 hours per week from the Institute, home or other locations.

Assessments

Blockchain is an emerging technology, and learners will likely either be working in a real “Start-Up” or forming a “Start-Up” organization or project. In both cases, many activities will be in the planning phase as opposed to being operational. Where this is the case, work environments must be ‘simulated’ for assessment. Each unit of competency involves assessment tasks conducted in a range of contexts, for example:

Written question and answers: short answer questions, matching/multiple choices questions
Practical skills tasks: Research analysis of real-life case studies, portfolios and reports
Projects: Planning, modelling and specifying Portfolio (e.g., collection of plans, models, specifications, research findings and reports
Roles plays, group work and presentations and third parties’ reports (optional)

Course fee

Total course fee: A$10,000 (A$2,500 per term)

Please note that course fees may change during a student’s enrolment. At least 30 days’ notice will be provided to all students when course fees have changed.

Note: It is a requirement that an international student must have a valid health insurance cover for the duration of their visa.

ESOS framework

The ESOS Act 2000 and the National Code of Practice 2007 for Registration Authorities and Providers of Education and Training to Overseas Students (The National Code 2007) protect overseas students and uphold high quality standards of education within Australian Education Institutions. For further information about the ESOS Act and the National Code please refer to: https://internationaleducation.gov.au/Regulatory-Information/Pages/Regulatoryinformation.aspx

How to Apply

Hamro Institute of Business Technology (HIBT), trading as Kingston Institute Australia, is a registered training organisation (RTO) for delivering vocational education and training (VET) courses for domestic students in all states and territories in Australia.