FNS40217 - Certificate IV in Accounting and Bookkeeping
YOUR COURSE CHOICE
Certificate IV in Accounting and Bookkeeping
Mapping
Is superseded by and equivalent to FNS40222 – Certificate IV in Accounting and Bookkeeping
Notes
Supersedes and is equivalent to FNS40217 Certificate IV in Accounting and Bookkeeping.
Qualification Description
This qualification reflects the job roles of workers in the accounting industry, including 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, 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 judgement in completing routine and non-routine activities.
Licensing/Regulatory Information
Work functions in the occupational areas where this 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.
Packaging Rules
Total number of units 13
8 core units
5 elective units, consisting of:
all 5 units may be chosen from the elective units listed below
up to 2 units may be from a Certificate III, Certificate IV or Diploma in any currently endorsed training package or accredited course, provided they do not duplicate the outcome of another unit chosen for the qualification.
Core units
BSBFIA401 – Prepare financial reports
BSBSMB412 – Introduce cloud computing into business operations
FNSACC311 – Process financial transactions and extract interim reports
FNSACC312 – Administer subsidiary accounts and ledgers
FNSACC408 – Work effectively in the accounting and bookkeeping industry
FNSACC416 – Set up and operate a computerised accounting system
FNSTPB401 – Complete business activity and instalment activity statements 1
FNSTPB402 – Establish and maintain payroll systems1
Elective units
BSBCUS301 – Deliver and monitor a service to customers
BSBCUS403 – Implement customer service standards
BSBITU306 – Design and produce business documents
BSBITU402 – Develop and use complex spreadsheets
BSBSMB401 – Establish legal and risk management requirements of small business
BSBSMB402 – Plan small business finances
BSBSMB405 – Monitor and manage small business operations
BSBWOR501 – Manage personal work priorities and professional development
BSBWRT301 – Write simple documents
FNSACC313 – Perform financial calculations
FNSACC405 – Maintain inventory records
FNSACC407 Produce job costing information
FNSACC411 – Process business tax requirements
FNSACC412 – Prepare operational budgets
FNSACC413 – Make decisions in a legal context
FNSACC414 – Prepare financial statements for non-reporting entities
FNSACM401 – Evaluate and authorise payment requests
FNSORG505 – Prepare financial reports to meet statutory requirements
FNSORG506 – Prepare financial forecasts and projections
FNSPAY501 – Process salary packaging arrangements and additional allowances in payroll
FNSPAY502 – Process superannuation payments in payroll
FNSPAY503 – Process complex employee terminations in payroll
FNSPAY504 – Interpret and apply knowledge of industrial regulations relevant to payroll
FNSPAY505 – Interpret and apply knowledge of taxation systems relevant to payroll
1 Unit required for the FNSSS00004 BAS Agent Registration Skill Set.