FNS40615 Certificate IV in Accounting


FNS40615 Certificate IV in Accounting

CRICOS Course Code 090522F

Course Description

The FNS40615 Certificate IV in Accounting course is designed for bookkeepers and accountants who want to become BAS Agents, providing practical real world accounting and BAS knowledge and exercises. It meets the Australian Taxation Office’s (ATO) requirements as set out under the new legislation for BAS Agents, which comes into effect 1 March 2012. Person seeking BAS agent registration should check current registration requirements with the Board as this is reviewed regularly.

For further information on this qualification; please visit


Entry Requirements

  • Students must be over 18 years of age,
  • Students must have completed an overseas equivalent of Year 12
  • Students must have either an IELTS score of 5.5 total or above with no band lower than 5.0 or
  • Paper based (PBT) TOEFL score of 550 or above or
  • Internet based (iBT) TOEFL score of 78 or above and must provide documentation to that effect.

Entry requirements will be checked at enrollment in line with the RTO’s Student entry requirements, selection, enrollment and orientation policy.

Enrolment fee$200
Tuition fee per term$2200
Total Terms4
Total course fee$8800
Materials Fee (Per Qualification)$100
Total unit of competencies13
DeliveryFace-to-face and online delivery
Duration52 weeks
AwardCandidates upon successful completion of this qualification will be issued with a: FNS40615 Certificate IV in Accounting

Sample Time Table and Intake dates for FNS40615 CERTIFICATE IV IN ACCOUNTING

DaysIntake Dates 2018
Wednesday-Thursday (8:00am – 4:00pm)Jan 15 | Feb 26 | Apr 9 | May 14 | Jul 2 | Aug 13 | Sep 24
Thursday- Friday (9:00am – 5:00pm)Jan 15 | Feb 26 | Apr 9 | May 14 | Jul 2 | Aug 13 | Sep 24

Course Structure and Mode of Delivery

There 13 units of competency in this qualification. This will be delivered over a period 52 weeks with 8 weeks of holidays, consisting of 2 days total of 15 hours per week of classroom based face-to-face learning and 5 hours of online learning delivered through SMC e-learning platform based on Moodle (http://sydneymetrocollege.edu.au/SMC-E-Learning/ ) i.e., total of 20 hours per week.

Following 13 units need to be completed. These include 10 cores and 3 electives as per training package requirements:

Unit of Competency

Unit CodeUnit NameClassification
BSBFIA401Prepare financial reports Core
BSBITU306Design and produce business documents Core
FNSACC301 Process financial transactions and extract interim reports Core
FNSACC302Administer subsidiary accounts and ledgersCore
FNSACC402Prepare operational budgetsCore
FNSACC404 Prepare financial statements for non-reporting entities Core
FNSACC406 Set up and operate a computerised accounting system Core
FNSBKG404 Carry out business activity and instalment activity statement tasks Core
FNSBKG405Establish and maintain a payroll systemCore
FNSINC401 Apply principles of professional practice to work in the financial services industry Core
FNSACM401Evaluate and authorise payment requestsElective
FNSACC401Process business tax requirementsElective
FNSACC403Make decisions in a legal contextElective


Students will be provided with access to the following resources required to complete the qualification successfully upon enrolment:

    • Classroom
    • Tables and chairs
    • Whiteboard
    • Data projector
    • VCR/DVD Player and TV
    • Computer Lab
    • Software such as Microsoft Office and MYOB
    • PPT Slides
    • Unit of Competency
    • Assessments

Assessment Methods

Assessment is structured throughout the course. If students are unable to achieve competency, additional support is provided through mentoring and access to re-assessment as outlined in our policies and procedures. Assessment requires achievement across all tasks to demonstrate competence and includes:

    • Written questioning and Exercises
    • Oral questioning
    • Project
    • Case Study analysis
    • Written Reports
    • Demonstration
    • Presentation
    • Role Play

Recognition of Prior Learning (RPL)

Students with prior learning and work experience can apply for RPL. Students who have completed corresponding units of competency and/or units contained within the packaging rules can apply for Credit Transfer. For more information, see our current policies and procedures at http://www.sydneymetrocollege.edu.au/downloads/

Pathways from the Certificate IV in Accounting:

After achieving the FNS40615 Certificate IV in Accounting, candidates may undertake the FNS50215 Diploma of Accounting – a course designed for those wishing to develop specialised technical or theoretical accountancy skills or a range of other Diploma qualifications.

Other Information

Before enrolment, each student should ensure they meet the following requirements: