COURSE OUTLINE
| FNS40207 CERTIFICATE IV IN FINANCIAL SERVICES (BOOKKEEPING) | ![]() |
| Aim | This qualification is designed to reflect the role of contract bookkeepers and employees performing in the role of bookkeeper for organisations and who perform duties such as establishing and maintaining accounting systems, assisting with Business Activity Statements and other office taxes, perform payroll duties and develop management systems for organisations. You will hold a nationally recognized qualification which will improve business operations and employment prospects. With formalised skills and an in depth knowledge base, you will be armed with the necessary qualifications to comply with legislation governing the Bookkeeping Industry. |
| Duration | Flexible (Depending on the level of RPL) |
| Cost | Please see our current Price List |
| Units of Competence | Module 1 - Industry Core Units • (FNSICIND401B) Apply principles of professional practice to work in the financial services industry • (FNSICGEN301B) Communicate in the workplace • (FNSICGEN302B) Use technology in the workplace • (FNSICGEN304B) Apply health and safety practices in the workplace Module 2 - Sectoral Core Units • (FNSBKPG401A) Develop and implement policies and practices relevant to bookkeeping activities • (FNSBKPG402A) Establish and maintain a Cash Accounting System • (FNSBKPG403A) Establish and maintain an Accrual Accounting System • (FNSBKPG404A) Carry out Business Activity and Instalment Activity Statement tasks • (FNSBKPG405A) Establish and maintain a payroll system • (FNSACCT406B) Maintain asset and inventory records • (FNSACCT405B) Prepare financial statements Module 3 - Elective Units (select two) • (FNSACCT407B) Set up and operate a computerised accounting system • (FNSICORG510B) Manage own professional development • (FNSPRAC501B) Manage and maintain small/medium business operations • (FNSICCUS401B) Deliver a professional service to customers • (FNSICCUS402B) Maintain customer relationship |
| Electives Guidance | These elective combinations are suggested for particular roles: Contract Bookkeeper • (FNSICCUS401B) Deliver a professional service to customers • (FNSICCUS402B) Maintain customer relationship Small Business Owner • (FNSICORG510B) Manage own professional development • (FNSPRAC501B) Manage and maintain small/medium business operations Permanent Paid Bookkeeper • (FNSICORG510B) Manage own professional development • (FNSICCUS402B) Maintain customer relationship |
| Pre-requisites | "(BSBFIA301A) Maintain financial records" is a pre-requisite unit to "(FNSACCT407B) Set up and operate a computerised accounting system". "(FNSBKPG402A) Establish and maintain a cash accounting system" is a prerequisite unit to "(FNSBKPG403A) Establish and maintain an accrual accounting system". |
| Associated Programs | Diploma of Accounting Those participants planning to continue onto the Diploma are recommended to include the following unit as an elective: • (FNSACCT407B) Set up and operate a computerised accounting system |
| Learning | There are flexible learning opportunities available, learning methods can include: • Work-based • Distance • Coaching & mentoring • Webinars (E-Learning) |
| Duration | If the program is conducted as assessment only then timings will likely be much shorter than detailed below. These timings are indicative only and should be used as guidance only. • Module 1 - approximately 3 weeks (135 hours) • Module 2 - approximately 6 weeks (300 hours) • Module 3 - approximately 3 weeks (120 hours) |
| Documents Provided | • Registration Form (online) • Learner Guide • Assessment Tool (including assessment tasks) • Reference Guide (Quickbooks) • Australian Bookkeepers Network Knowledge Base • Webinar Session Notes |
| IT Requirements | • Accounting Software (a free copy of QuickBooks Plus is supplied by Group 314 if required) • A computer, internet connection, email and telephone • Software for document production and management • Personal planner |
| Assessment | Participants are required to provide adequate evidence of competency; this must include the completion of all assessment tasks as detailed in the assessment tool (or by providing equivalent evidence). In accordance with our RPL policy, all RPL assessments will comprise some form of formal assessment activity to ensure evidence complies with the rules of evidence - in particular, the requirement for currency. |
| Max Course Size | This program is normally conducted by individuals with an allocated facilitator. |
| Supervision Ratio | 1:1 |
| Safety | The inherant risks associated with this program are low, where the program is conducted within a class-room environment, facilitators are to ensure site emergency procedures are known by all participants. |
| Employability Skills | Certificate IV Employability Skills |

