Certificate IV in Bookkeeping

This qualification is designed to reflect the job roles of contract bookkeepers and employees performing bookkeeping tasks for organisations in a range of industries.

A Business Activity Statement (BAS) service is a tax agent service that includes, but is not limited to, the following:

preparing or lodging an approved form about a taxpayer's liabilities, obligations or entitlements under a BAS provision;

giving a taxpayer advice about a BAS provision that the taxpayer can reasonably be expected to rely upon to satisfy their taxation obligations; or

dealing with the Commissioner on behalf of a taxpayer in relation to a BAS provision.

Persons providing a BAS service must be registered by the Tax Practitioner's Board and this qualification is currently cited as meeting the educational requirements for registration. Other conditions apply including a designated period of experience. Persons seeking BAS agent registration should check current registration requirements with the Board as this is regularly reviewed. More information and contact details for the Tax Practitioners Board are provided in the FNS10 Information Kit available from the IBSA website.

Subjects

Packaging Rules

13 units must be achieved:

9 core units

plus4 elective units

all elective units of competency can be selected from the elective bank below, from units aligned to other Certificate IV or Diploma qualifications in FNS10 Financial Services or another endorsed Training Package or accredited course

a maximum of 2 electives can be selected from units aligned to Certificate III qualifications in the FNS10 Financial Services or another Training Package.

Elective units must be relevant to the work outcome, local industry requirements and the qualification level.

Units selected from other Training Packages or accredited courses must not duplicate units selected from or available within the FNS10 Financial Services or BSB07 Business Services Training Packages.

Core units of competency:

add topic BSBFIA401A Prepare financial reports

add topic BSBITU306A Design and produce business documents

add topic BSBOHS303B Contribute to OHS hazard identification and risk assessment

add topic FNSBKG401A Develop and implement policies and procedures relevant to bookkeeping activities

add topic FNSBKG402A Establish and maintain a cash accounting system

add topic FNSBKG403A Establish and maintain an accrual accounting system

add topic FNSBKG404A Carry out business activity and instalment activity statement tasks

add topic FNSBKG405A Establish and maintain a payroll system

add topic FNSINC401A Apply principles of professional practice to work in the financial services industry

Elective units of competency:

add topic BSBCUS301A Deliver and monitor a service to customers

add topic BSBCUS403A Implement customer service standards

add topic BSBFRA301B Work within a franchise

add topic BSBFRA403B Manage relationship with franchisor

add topic BSBITU402A Develop and use complex spreadsheets

add topic BSBSMB405A Monitor and manage small business operations

add topic BSBWOR501A Manage personal work priorities and professional development

add topic BSBWRT301A Write simple documents

add topic FNSACC302A Administer subsidiary accounts and ledgers

add topic FNSACC303A Perform financial calculations

add topic FNSACC404A Prepare financial statements for non-reporting entities

add topic FNSACC405A Maintain inventory records

add topic FNSACC406A Set up and operate a computerised accounting system

NOTE The workplace context for this qualification should guide the selection of elective units. Examples of appropriate units in the elective bank that may suit particular work contexts include:

(Contract Bookkeeper)

add topic BSBCUS301A Deliver and monitor a service to customers

add topic BSBCUS403A Implement customer service standards

(Small Bookkeeping Business Owner)

add topic BSBSMB405A Monitor and manage small business operations

add topic BSBWOR501A Manage personal work priorities and professional development

(Permanent Paid Bookkeeper - working for an enterprise)

add topic BSBCUS403A Implement customer service standards

add topic BSBWOR501A Manage personal work priorities and professional development

(Franchise Bookkeeper)

add topic BSBFRA301B Work within a franchise

add topic BSBFRA403B Manage relationship with franchisor

Pathways...

    Qualification Pathway

    Preferred pathways for candidates entering this qualification include:

    FNS30310 Certificate III in Accounts Administration

    The primary pathway from this qualification is employment in a bookkeeping job role with functions that include:

    establishing and maintaining manual and computerised accounting systems

    completing Business Activity Statements (BAS) and other office financial statements

    developing bookkeeping management systems for organisations

    general administration.

    This qualification may be suited to an Australian Apprenticeship pathway.

    A further learning pathway utilising qualifications such as FNS50210 Diploma of Accounting would support career progression.

Entry Requirements

Not applicable.

Licensing Information

Not applicable.

Employability Skills

QUALIFICATION SUMMARY

Employability Skill

Industry/enterprise requirements for this qualification include:

Communication

creating manuals and flowcharts

developing and writing reports to specifications

establishing and maintaining networks

preparing and presenting information in appropriate electronic format

questioning, listening and clarifying client's requirements

reading and interpreting workplace information

using interpersonal skills (e.g. liaising, listening and consulting)

using effective telephone techniques and having the ability to negotiate solutions with clients and colleagues

Teamwork

applying knowledge of own role as a team member to meet workplace outcomes

working with management to determine organisational reporting requirements

working with others such as clients and external experts

Problem solving

applying estimating, forecasting and analysis skills

analysing and verifying source documents

checking and coding data, reconciling accounts, verifying and correcting discrepancies

determining security protocols

identifying OHS hazards and applying risk control

performing calculations

Initiative and enterprise

analysing organisation's business opportunities to determine cash or accrual accounting system and payment options in consultation with management

investigating accounting discrepancies

referring non-routine problems to a nominated person

Planning and organising

ensuring the integrity of systems, records and reporting procedures are maintained

maintaining accounting records for compliance purposes

preparing, processing and maintaining financial records including payroll

processing routine documents and maintaining files, managing information and scheduling and coordinating competing tasks

recording, gathering and classifying information

setting up, maintaining and reviewing systems

Self-management

applying time management strategies to own work schedule

managing own time and priorities and dealing with contingencies

taking responsibility as required by work role and ensuring all organisational policies and procedures are followed

working ethically and complying with industry professional code of practice and legislative requirements

Learning

adapting to change in technology and/or work practices

following workplace safety procedures

identifying opportunities for own professional development

maintaining currency of knowledge of legislation and industry requirements

seeking information, advice or services that fall outside scope of operation

using online help for self-learning purposes

Technology

applying data entry and keyboard skills

operating computers, using word processing, spreadsheet and database skills to produce workplace documentation

using accounting specific software packages

using business technology to access, enter and monitor information