Overview
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.
This qualification will also meet the Tax Practitioners Board (TPB) requirements for BAS registration. You will need to consult the TPB for further information on http://www.tpb.gov.au/
This qualification is available flexibly and you can enrol to commence your studies at any time. Alternatively you may enrol for day or evening classroom delivery at the start of each semester.
Qualification: |
Certificate IV in Accounting and Bookkeeping FNS40217 |
Course No: |
C4-BT12 |
Campus: |
CIT Reid face-to-face classes and online support
Flexibly at CIT Reid CIT Tuggeranong
CIT Gungahlin
CIT Bruce |
Duration: |
1 semester full-time (20 hours) face-to-face classes per week plus up to 20 hours per week of online study and independent learning OR part-time equivalent if you already have FNS30317Certificate III in Accounts Administration. |
Cost Info: |
The 2023 Semester 1 enrolment fees for this course are based on the costs per subject as indicated below. The total course cost may vary depending on the choice of elective subjects or if subjects are attempted more than once. Subject costs identified as Standard are partially subsidised by the ACT Government. Concessions may be available to eligible students.
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Indicative Cost: |
Standard $1,430 Apprentice/Trainee
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Likely Job Outcome: |
Employment in bookkeeping and accounting roles such as completing BAS, completing other office taxes, computerised accounting systems, preparing payroll, operational reporting, producing management reports and managing a small office. |
Application Type: |
Standard |
Share: |
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Timetable Information
To help with the enrolment process print your timetable, or keep the window open, so that you can refer back to it for your course code, course name, and the Course Reference Numbers (CRNs) or Block Code.
Additional Information
Watch our online information session to find out more.
This qualification will lead into FNS50217 Diploma of Accounting.
Persons seeking BAS agent registration should check with the Tax Practitioners Board (TPB) for details of current registration requirements, including those relating to experience and, fitness and propriety http://www.tpb.gov.au/.
For success in this course it is recommended that you have FNS30317 Certificate III in Accounts Administration or equivalent skills and knowledge.
Skills Recognition
Entry Requirements
Open Entry
To study any course at CIT (excluding degrees and non-accredited training) you must have a Unique Student Identifier (USI).
Literacy Skills Information
We suggest that you will need Australian Core Skills Framework literacy levels of at least 3 across reading, writing, learning, oral communication and, depending on your course of study, numeracy skills to successfully complete this course. If you do not have this level, you can still enrol and seek support to improve your skills or you may prefer to begin with the lower level course. Please visit Foundation Skills.
Transition Information
Qualifications at CIT are regularly updated or replaced to meet current industry needs and maximise your employment opportunities. If this occurs while you are part way through a qualification, you may need to vary your learning to meet the new national requirements. CIT will aim to make this as smooth as possible for you.
Subject Cancellations/Changes
To ensure positive outcomes for all students, CIT may need to cancel or change classes at short notice. CIT will make every effort to inform students as soon as changes are made and will also make every effort to offer alternative arrangements for students to meet the requirements of the subject and complete their qualification. In an unfortunate instance when this cannot be met, you will receive a full refund. Please ensure you maintain current contact details via CIT Self Service or by contacting CIT Student Services at infoline@cit.edu.au.
Subject Information
Complete 13 subjects
Core: Complete all 8
- BSBFIA401
Prepare financial reports
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CIT Code: |
ACCT230 |
Cost: |
Standard $110.00
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Description: |
This unit describes skills and knowledge required to record
general journal adjustment entries and to prepare end of period
financial reports. It applies to individuals employed in a range of
work environments who are responsible for preparing financial reports.
They may be individuals providing administrative support within an
enterprise, or they might have responsibility for these tasks in
relation to their own workgroup or role. No licensing, legislative or
certification requirements apply to this unit at the time of
publication. |
Prerequisites: |
Nil |
- BSBSMB412
Introduce cloud computing into business operations
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CIT Code: |
COMP383 |
Cost: |
Standard $110.00
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Description: |
This unit describes the skills and knowledge required to
understand the fundamentals of internet computing and cloud services.
It involves undertaking a basic review of business computing needs and
identifying options for introducing cloud computing services into a
small business or work area in an organisation. It applies to
individuals who use problem-solving skills and take responsibility for
adopting and promoting approaches to improve business operations.
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Prerequisites: |
Nil |
- FNSACC311
Process financial transactions and extract interim reports
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CIT Code: |
ACCT431 |
Cost: |
Standard $132.00
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Description: |
This unit describes the skills and knowledge required to prepare
and process routine financial documents, prepare journal entries, post
journal entries to ledgers, prepare banking and reconcile financial
receipts, and extract a trial balance and interim reports.It applies
to individuals who use specialised knowledge and follow agreed
processes to carefully check and process detailed financial
information to ensure standards are maintained.Work functions in the
occupational areas where this unit 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 regulatory requirements. |
Prerequisites: |
Nil |
- FNSACC312
Administer subsidiary accounts and ledgers
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CIT Code: |
ACCT432 |
Cost: |
Standard $88.00
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Description: |
This unit describes the skills and knowledge required to reconcile
and monitor subsidiary accounts in financial accounts receivable
systems, identify bad and doubtful debts and plan a recovery action,
record creditor invoices, and remit payments to sundry creditors.It
applies to individuals who use specialised knowledge and follow agreed
processes to problem solve within the scope of own responsibility.Work
functions in the occupational areas where this unit 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 regulatory requirements.
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Prerequisites: |
Nil |
- FNSACC408
Work effectively in the accounting and bookkeeping industry
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CIT Code: |
ACCT446 |
Cost: |
Standard $88.00
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Description: |
This unit describes the skills and knowledge required to work
autonomously and in teams to complete work activities relating to the
provision of accounting and bookkeeping services.It applies to
individuals who occupy roles with some responsibility and use a range
of research and organisational techniques to establish and carry out
their work requirements in the accounting industry.Work functions in
the occupational areas where this unit 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 regulatory requirements. |
Prerequisites: |
Nil |
- FNSACC416
Set up and operate a computerised accounting system
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CIT Code: |
COMP386 |
Cost: |
Standard $176.00
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Description: |
This unit describes the skills and knowledge required to
establish, operate, and modify an integrated computerised accounting
system. This is generally under supervision and encompasses processing
transactions in the system, maintaining the system, producing reports,
and ensuring system integrity.It applies to individuals who, within
the scope of own responsibility, use specialised knowledge,
information technology, and planning and organising skills to
establish and maintain an organisational system in service and trading
environments. |
Prerequisites: |
Nil |
- FNSTPB401
Complete business activity and instalment activity statements
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CIT Code: |
ACCT444 |
Cost: |
Standard $110.00
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Description: |
This unit describes the skills and knowledge required to identify
and apply compliance requirements to effectively process and complete
business activity statements (BAS), instalment activity statements
(IAS), and other required reports.It applies to individuals who use a
range of organisational and analytical techniques to work in
organisations or to supply specific bookkeeping services as a small
business owner or contractor.Work functions in the occupational areas
where this unit may be used are subject to regulatory requirements.
This unit is designed to meet the education requirements of the Tax
Practitioner Board (TPB). Refer to the FNS Financial Services Training
Package Companion Volume Implementation Guide or the relevant
regulator for specific guidance on regulatory requirements. |
Prerequisites: |
Nil |
- FNSTPB402
Establish and maintain payroll systems
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CIT Code: |
ACCT445 |
Cost: |
Standard $99.00
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Description: |
This unit describes the skills and knowledge required to record
and prepare payroll documentation, respond to enquiries, and process
payroll data for manual and computerised systems.It applies to
individuals, including BAS agents, who use a range of organisational
and other specialist techniques. They may work directly for
organisations or be small business owners, contractors or service
providers.Work functions in the occupational areas where this unit may
be used are subject to regulatory requirements. This unit is designed
to meet the education requirements of the Tax Practitioner Board
(TPB). Refer to the FNS Financial Services Training Package Companion
Volume Implementation Guide or the relevant regulator for specific
guidance on regulatory requirements. |
Prerequisites: |
Nil |
Electives: Complete 5
- BSBITU306
Design and produce business documents
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CIT Code: |
MGNT384 |
Cost: |
Standard $176.00
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Description: |
This unit describes the skills and knowledge required to design
and produce various business documents and publications. It includes
selecting and using a range of functions on a variety of computer
applications. It applies to individuals who possess fundamental skills
in computer operations and keyboarding. They may exercise discretion
and judgement using appropriate theoretical knowledge of document
design and production to provide technical advice and support to a
team. No licensing, legislative or certification requirements apply to
this unit at the time of publication. |
Prerequisites: |
Nil |
- BSBITU402
Develop and use complex spreadsheets
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CIT Code: |
COMP222 |
Cost: |
Standard $110.00
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Description: |
This unit describes the skills and knowledge required to use
spreadsheet software to complete business tasks and produce complex
documents. It applies to individuals employed in a range of work
environments who require skills in creation of complex spreadsheets to
store and retrieve data. They may work as individuals providing
administrative support within an enterprise, or may be independently
responsible for designing and working with spreadsheets relevant to
their own work roles. No licensing, legislative or certification
requirements apply to this unit at the time of publication. |
Prerequisites: |
Nil |
- BSBWRT301
Write simple documents
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CIT Code: |
COMM343 |
Cost: |
Standard $66.00
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Description: |
This unit describes the skills and knowledge required to plan,
draft and finalise a basic document. It applies to individuals who
apply a broad range of competencies in various work contexts and may
exercise some discretion and judgement to produce a range of workplace
documentation. No licensing, legislative, regulatory or certification
requirements apply to this unit at the time of publication. |
Prerequisites: |
Nil |
- FNSACC313
Perform financial calculations
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CIT Code: |
ACCT433 |
Cost: |
Standard $66.00
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Description: |
This unit describes the skills and knowledge required to use a
range of routine calculation methods and techniques when performing
routine financial calculations and checking calculation outcomes.It
applies to individuals who use literacy and numeracy skills to perform
routine computational tasks as part of their operational job role.
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Prerequisites: |
Nil |
- FNSACC414
Prepare financial statements for non-reporting entities
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CIT Code: |
ACCT436 |
Cost: |
Standard $132.00
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Description: |
This unit describes the skills and knowledge required to prepare
financial statements for entities that do not have a statutory duty to
file financial reports with government agencies and regulators.It
applies to individuals who use specialised knowledge and systematic
approaches to collate and prepare financial information in line with
accounting standards.Work functions in the occupational areas where
this unit 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 regulatory requirements. |
Prerequisites: |
Nil |
Related Courses
More Information
For more information about this course please contact CIT Student Services on (02) 6207 3188 or email infoline@cit.edu.au