Studying FNS40217 Certificate IV in Accounting and Bookkeeping is the most practical way to enter into the bookkeeping or accounting industries.

With AIFT we give you the choice to study on Xero, the most widely used Accounting software for practitioners and small business owners, as well as MYOB.

At AIFT we over this course on either Xero or MYOB making sure that your study is aligned in as much as possible to what employers want in a candidate. This course is also Tax Practitioner Board (TPB) approved with regards to the education requirements for registration as a BAS agent to allow you to

• Day to day bookkeeping functions such as accounts payable and receivable
• Completing the Business Activity Statements (BAS)
• Statutory obligations such as Superannuation and Payroll
• Building spreadsheets and creating operational reporting such as Profit & Loss, Balance Sheets and Trial Balance
• Proficient use of Accounting Software including MYOB and Xero from setup to trial balance
• It is the perfect preparation for anyone seeking to start their own bookkeeping business, or career as a professional bookkeeper BAS agent or payroll officer.
• Our Cert IV in Accounting & Bookkeeping lets you select which accounting platform (MYOB or Xero) to use to complete your assessments.
• Advance your accounting career with the option to continue your studies to Diploma level. You will have dedicated support and resources from both our team and course materials to help you achieve a successful career in Accounting or Bookkeeping.

A Cert IV in Bookkeeping must consist of 13 units, 8 of which are CORE units and 5 of which are elective units: 

CORE:

FNSTPB402 - Establish and maintain payroll systems*
FNSTPB401 - Complete business activity and instalment activity statements*
BSBFIA401 - Prepare financial reports
BSBSMB412 - Introduce cloud computing into business operations
FNSACC312 - Administer subsidiary accounts and ledgers
FNSACC416 - Set up and operate a computerised accounting system
FNSACC408 - Work effectively in the accounting and bookkeeping industry
FNSACC311 - Process financial transactions and extract interim reports

*Unit part of the FNSSS00004 BAS Agent Registration Skill Set.

Bookkeeper Start Up – Electives

BSBITU402 - Develop and use complex spreadsheets
FNSACC405 - Maintain inventory records
FNSACC414 - Prepare financial statements for non-reporting entities
BSBESB404 -  Market new business ventures
BSBMKG434 - Promote products and services

Skills Maximiser – Electives

8 Core Electives +

BSBITU402 - Develop and use complex spreadsheets
FNSACC405 - Maintain inventory records
FNSACC413 - Make decisions in a legal context
FNSACC412 - Prepare operational budgets
FNSACC414 - Prepare financial statements for non-reporting entities

Career Maximiser

Through our dual qualification Career Maximiser option, you can gain credits for your elective units towards those required in your (FNS50217) Diploma in Accounting. Core units required to complete your Diploma are:

FNSACC511  - Provide financial and business performance information
FNSACC512  - Prepare tax documentation for individuals
FNSACC513  - Manage budgets and forecasts
FNSACC514  - Prepare financial reports for corporate entities*
FNSACC516  - Implement and maintain internal control procedures
FNSACC517  - Provide management accounting information

Certificate IV in Accounting and Bookkeeping allows up to 12 months to complete the course.

There is no minimum time frame to complete the course. Students can work through the course at their own pace. There is however a maximum 18 month duration to complete a Certificate IV qualification.

We provide an initial 18 month duration for our Career Maximiser dual qualification, this can be extended to 24 months if required.
If students require an extension, they are available to purchase; fees may apply. 

Get in touch today if you require more information. 

Pre-course

Prior to course commencement, students are required to complete a Language, Literacy and Numeracy (LLN) assessment/questionnaire. 

This quick assessment is used to determine your LLN skill level so that we can best support you through your studies.

Modules & Units

The unit assessments and examinations are completed using a variety of methods and are submitted via the AIFT online student portal. 

Accounting unit assessments use either MYOB (student version) or the Xero Learn educational platform.

Examinations are open book, and are comprised of theoretical and practical exercises which can be undertaken from either your home, office, or classroom.

Exams

Tax Practitioners Board Licensing Course units may include an exam component, which needs to be independently supervised. Exams are three-hour, open-book assessments comprising of short answer and multiple-choice questions, very similar in format to the unit assessments.

Exams must be completed within your course duration period. Prior to your exam, you will need to complete and return the Supervisor Nomination Form to Applied Education detailing your supervisor’s information, contact details and the elected date of your assessment.

Exams can be undertaken at any location and time of your choosing, with the only condition being that you have a nominated, independent supervisor present. Your supervisor can be a person of responsibility such as a registered tax agent, member of an accounting professional body, public servant, doctor, nurse, police officer, director, etc. who does not have a close personal or professional relationship with you.

If you cannot arrange a supervisor please contact us to arrange for a supervised assessment.

At AIFT we believe that wherever possible, the cost of education should not be a barrier to learning. For that reason, we offer flexible payment plan options of up to 12 months. This allows you to spread the investment in your future and start your FNS40217 Cert IV in Accounting & Bookkeeping course sooner.

• Payment must be via direct debit or credit card
• An initial deposit of up to $250 may be required
• The remainder to be paid in equal instalments over 3, 6, 9, 10 or 12 months.

Several units in the Certificate IV in Accounting and Bookkeeping are prerequisites and in some cases actual units from the Diploma of Accounting.

AIFT promotes life-long learning and is focused on providing a higher education pathway from Certificate IV in Accounting and Bookkeeping to the Advanced Diploma of Accounting (which is the entry requirement of the Institute of Public Accountants).

Learner guides and materials for the Certificate IV in Accounting and Bookkeeping are included as part of the course at no additional cost.

All course content is accessed via our online student portal, along with additional resources, learning materials and classroom recordings (if applicable).

A hard copy of the learner materials is available. If required, it can also be optionally purchased ($275 full set).