FNS40615 Certificate IV in Accounting

FNS40615 Certificate IV in Accounting

This qualification reflects accounting job roles in financial services and other industries requiring accounting support functions. 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
There is no direct link between this qualification and licensing, legislative and/or regulatory requirements. However, where required, a unit of competency will specify relevant licensing, legislative and/or regulatory requirements that impact on the unit.

Persons providing a business activity statement (BAS) service must be registered by the Tax Practitioners 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 reviewed regularly.

Assessment Type

  • Knowledge Test
  • Skill Test
  • Project
  • Case Study
  • Role play
  • Demonstration

Individuals with disabilities are encouraged to apply
This training may be delivered with Victorian and Commonwealth government funding

Packaging Rules

  • Total number of units = 13
  • 10 core units plus
  • 3 elective units

Total Hours: 620

The elective units must be relevant to the work outcome and meet local industry needs.

Core Units

National Code Name Nominal Hours
BSBFIA401 Prepare financial reports  50
BSBITU306 Design and produce business documents  80
FNSACC301 Process financial transactions and extract interim reports  60
FNSACC302 Administer subsidiary accounts and ledgers  40
FNSACC402 Prepare operational budgets  40
FNSACC404 Prepare financial statements for non-reporting entities  60
FNSACC406 Set up and operate a computerised accounting system  80
FNSBKG404 Carry out business activity and instalment activity statement tasks  50
FNSBKG405 Establish and maintain a payroll system  30
FNSINC401 Apply principles of professional practice to work in the financial services industry  30

Elective Units

National Code Name Nominal Hours
BSBITU402 Develop and use complex spreadsheets  50
BSBWHS201 Contribute to health and safety of self and others  20
FNSACC303 Perform financial calculations  30


Preferred Entry Requirements are:

1. Must be 18 years of Age
2. Must be Australian Citizen or Permanent Australian Resident
3. Must be willing to undergo a Police Check
4. Must be a no Bankrupt
5. Must have a commitment to a professional work ethic
6. Must be able to commit to lessons and dates
7. Must have good communication skills
8. Must complete a Literacy and Numeracy test- at an ACSF Level entrance IV
9. Must have basic computer knowledge
10. Must demonstrate an understanding of the Role of the Mortgage Broker
11. Must demonstrate financial viability and commitment

As busy professionals requiring flexible learning options, we offer flexible delivery modes including:

Face to Face

This option will allow students to have a face to face classes along with interaction with the trainer directly.

Recognized Prior Learning (RPL)

This option could suit you if you already have experience and/or have qualifications in the Mortgage Broking or the Banking industry. The RPL method is designed to determine your competency in the Performance Criteria of the Qualification and, where there are gaps, recommend the appropriate strategy to up skill.

Gov. Funded N/A N/A N/A N/A
Non-Gov. Funded 4990 N/A N/A $1200
Concession N/A N/A N/A N/A
Learners who successfully complete this qualification may pathway into further study options:

FNS50215 Diploma of Accounting

This course has been endorsed by the Australian National Training Authority and is registered on the Scope of Registration for Skill Solutions RTO number 22185.

This course is also accepted by the peak bodies in the finance industry and is also accepted by Australian Securities Investment Commission (ASIC) as the entry education requirement for Mortgage Brokers.