FNS40222 – Certificate IV in Accounting & Bookkeeping

FNS40222 – Certificate IV in Accounting & Bookkeeping

 Classroom Based Training
 CRICOS Course Code: 113506A


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.



Career Opportunities

Here are some of the job outcomes you can expect after taking this qualification:

  • Accounts Supervisor
  • Accounts Officer
  • Bookkeeper


Students who complete this course may wish to continue their education into FNS50222 Diploma of Accounting or into a range of other Diploma level qualifications.

Further information on this qualification can be found by visiting www.training.gov.au (FNS40222 – Certificate IV in Accounting & Bookkeeping).

 Course Details

Entry Requirements

Australian Institute of Innovation and Technology has the following entry requirements:

International students must:

  • Be at least 18 years of age and have completed the equivalent of Year 12.
  • Participate in a course entry interview to determine suitability for the course and student needs.
  • Have an IELTS* score of 5.5 (test results must be no more than 2 years old). English language competence can also be demonstrated through documented evidence of any of the following:
  • Educated for 5 years in an English-speaking country; or
  • Successful completion of an English Placement Test

*Note that other English language tests such as PTE and TOEFL can be accepted.

Students are required to provide their results so that it can be confirmed they are equivalent to IELTS 5.5.

If students do not fulfill the requirements for the above English language competency, students may choose to enroll in English Language Intensive Courses for Overseas Students (ELICOS) classes (with any other ELICOS colleges)**. Students are required to provide their results of their ELICOS which are equivalent to IELTS 5.5 to pass the entry requirements for the enrolment.

**Note that the college does not deliver ELICOS.

Unit Outline

This qualification has 10 core units combined with 3 electives, you will be required to complete a total of 13 units.

  • 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)
  • FNSACC414 – Prepare financial statements for non-reporting entities (Core)
  • FNSACC418 – Work effectively in the accounting and bookkeeping industry (Core)
  • FNSACC421 – Prepare financial reports (Core)
  • FNSACC426 – Set up and operate computerised accounting systems (Core)
  • FNSTPB411 – Complete business activity and instalment activity statements (Core)
  • FNSTPB412 – Establish and maintain payroll systems (Core)
  • FNSACC413 – Make decisions in a legal context (Elective)
  • BSBTEC402 – Design and produce complex spreadsheets (Elective)
  • BSBTEC301 – Design and produce business documents (Elective)

For additional information regarding the specific units listed please visit www.training.gov.au (FNS40222 – Certificate IV in Accounting & Bookkeeping).

Licensing/Regulatory Information

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.

LLN & Computer Literacy – Help!

At Australian Institute of Innovation and Technology we understand that not every person learns the same way or at the same pace. That’s why when you do this course with us, we will ensure that we identify and attend to any Language, Literacy or Numeracy short falls you may have. We will also look at your computer skills and literacy and ensure that you are at a level that is suited for the course, and if not, then we will dedicate additional time and effort to bring you up to speed. Before commencing any of our courses you are required to sit an LLN assessment and may be asked about your computer habits and required to complete some foundational computer skills. This is exercise will help us to identify any LLN or computer skill shortages you may have and make sure that we are able to help you to get up to speed.

Learning Support

Time for consultation with trainers/assessors may be allocated in the term timetable in order to allow students to revise their learning or understanding, perform any required tasks, practice their skills, reinforce their knowledge and prepare themselves for the assessments. All students have access to their trainer and coordinator via phone or email during business hours and there is a guarantee of a reply contract within 48 hours. AIIT has a course progress policy which dictates that all students must maintain satisfactory course progress throughout the course. There are intervention strategies in place for students to maintain their satisfactory course progress. Attendance is also monitored every week for each class.

 Credit Transfer

Credit transfer is a formal recognition of previous studies and can help to reduce the duration of your course, as well as fees. You may apply for a credit transfer for a complete unit or modules within a unit. There is no charge to apply for a credit transfer, but you need to let us know that you want to apply for this on your application for enrolment form in the relevant section. You will need to provide a certified copy of your certificate either issued by another education provider or an authenticated VET transcript issued by the USI Registrar.

 International Students


 Ready to start?

Select your Delivery Mode
Classroom Based Training
Duration: 52 weeks
Location: Sydney

*Currently only available for International Students

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