FNS40222 Certificate IV in Accounting and Bookkeeping Parramatta College

FNS40222 Certificate IV in Accounting and Bookkeeping

Enroll now for 2025. Classes commence 13 January, 03 February, 03 March, 07 April, 05 May, 02 June.

Qualification 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.

Licensing, legislative, regulatory or certification 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.

This qualification will be delivered in a classroom environment by a qualified industry skilled trainer at Western Sydney Skills Hub at North Parramatta. Address – 410 Church St, Level 3, Suite 34, North Parramatta, NSW 2151. Please note that classes may not be available when you are reading this course description, but the college still encourages the potential candidates to register their interest by joining the waiting list (available at the bottom of this page).

You have six months to complete this course from the date of commencement. Please let your trainer know if you need more time to complete or for any other support you may require.

Prerequisites
Whilst there are no prerequisites for this course, it is expected that you have adequate language, literacy and numeracy skills and computer skills to be able to interact with peers, trainers and completing assessments using a computer either in the classroom, at home or at your workplace.

This course includes the following units of competency

13 units are required to achieve the full qualification, which consists of 10 core unit and 3 elective units

Delivery Strategies
This course will be delivered in a face-to-face classroom-based environment with a qualified and skilled trainer and the self-paced journey for a thorough understanding of the competency requirements and to prepare for the assessments. Learning strategies include role play, case study, demonstrations, lectures, and classroom activities etc. All participants will be supported by our qualified and skilled team throughout their learning journey.

Assessment Strategies
Assessments for this qualification include both formative and summative assessments which involve a variety of activities including knowledge questions, case studies, presentations, projects, demonstration, observations etc. All participants will be supported by our qualified and skilled team throughout their learning journey.

Resource Requirements
Learner manuals will be provided at no further cost than the course fee. This course requires the use of computer and internet either in the classroom or at the students’ home or workplace to research the relevant legislations, industry standards and to develop relevant workplace documents.

What if I find that the course is not suitable for me?
We strongly advise you to read the course information to see if you will benefit from this course, the units of competency covered and delivery and assessment strategies. You can also contact us if you have any other questions that you need to ask before deciding to enrol. Our enrolment and refund policy is available in our Student Handbook. You can access the Student Handbook by visiting our website www.pcc.edu.au or you can contact us on 02 96872072 or email to admin@pcc.edu.au  for a copy of the Student Handbook.

How much work is involved in completing the course?
Please note assessments for this course involve significant work both during and after the sessions. 20 hours of  home study every week. You will have maximum of two attempts to submit your assessments in each unit of competency. If you are considered Not Yet Competent after the second submission, you may choose to undertake a gap tutorial, which will attract further fee.

Recognition of Prior Learning (RPL)
If you believe you already have skills and experience relevant to the competencies of this course, please let the trainer know for a recognition. Please note that applying for RPL may not automatically result in the issuing of the skill set. In case of any gaps found, you will be advised of those gaps and asked to provide further evidence against your RPL claim. If you are still considered Not Yet Competent (NYC), you may be offered a tutorial for those gaps, which will incur further cost.

NSW Govt Funding
NSW Govt funding may be available for this qualification for eligible candidates. Please visit www.smartandskilled.nsw.gov.au to do a preliminary check of your eligibility. Alternatively, you can complete the Application Form and send it to admin@pcc.edu.au  Make sure you save the completed application form in PDF before emailing.

Please do not enrol online if you find yourself eligible for NSW Govt subsidy. Just send us the completed enrolment form (https://www.parramattacollege.com.au/enrol), a copy of your Centrelink Statement if you receive Commonwealth Welfare benefit and a copy of your photo ID. We will then let you know how much subsidy you are entitled to.

 

Competency outcome
On successful completion of all the assessments, you will be awarded with an AQF Certificate from FNS40222 Certificate IV in Accounting and Bookkeeping.

Course Fee $6,800

Career Pathways
According to Australian Industry Skills Committee’s Industry Insights, employment in the Financial Services industry remained on an overall upwards trend over the past decade. Once you have gained this qualification, you may choose to pursue one of these opportunities:

·         Various financial services roles such as credit officer, credit manager etc.
·         Financial services administrations (Retail or wholesale) where this qualification is required to cater industry and compliance requirements.
·         Supervisory level officer.

Please note that the Parramatta Community College does not guarantee employment.

More information
Should you require further information, please feel free to contact our office on 02 96872072 or email to admin@pcce.edu.au

Assessments are made against units of competency from the Certificate IV in Accounting and Bookkeeping FNS40222.
  • Prepare financial forecasts and projections (FNSORG506)
  • Work effectively in the accounting and bookkeeping industry (FNSACC418)
  • Prepare financial statements for non-reporting entities (FNSACC414)
  • Administer subsidiary accounts and ledgers (FNSACC322)
  • Set up and operate computerised accounting systems (FNSACC426)
  • Process financial transactions and extract interim reports (FNSACC321)
  • Establish and maintain payroll systems (FNSTPB412)
  • Prepare operational budgets (FNSACC412)
  • Establish operational strategies and procedures for new business ventures (BSBESB406)
  • Complete business activity and instalment activity statements (FNSTPB411)
  • Design and produce spreadsheets (BSBTEC302)
  • Prepare financial reports (FNSACC421)
  • Perform financial calculations (FNSACC323)