Certificate IV in Accounting & Bookkeeping

This qualification reflects the role of individuals in the accounting and bookkeeping industry, including business activity statement (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, data processing, monthly reconciliations, preparing budgets, preparing reports on financial performance and the position of the business, preparing end-of-year adjustments, and finalising financial records after year-end. Dealing with the Commissioner of Taxation on behalf of a taxpayer in relation to activity statements and other lodgement matters is also a key component of the role that this qualification reflects.

Individuals in these roles apply theoretical and specialist skills and knowledge to work autonomously, and exercise judgement in completing routine and non-routine activities.

There are no pre-requisite requirements to enter into the qualification however pathways for candidates considering this qualification may include:

• FNS30322 – Certificate III in Accounts Administration or other relevant qualifications, OR

• Have completed Australian Year 11 or its equivalent with suitable English language skills with some vocational experiences but without formal accounting or financial services qualifications.

FNS50222 Diploma of Accounting or other Diploma qualifications.

There are no pre-requisite requirements to enter into the qualification. However candidates should:

• Be 18 years or older; and
• Have completed Year 11 or its equivalent with suitable English language skills;
• International Students are also required to have an English ability at the IELTS 6.0 or equivalent.

Job roles and titles vary across different industry sectors. According to the FNS training package companion volume guide, a possible job title relevant to this qualification is:

Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the relevant regulator for specific guidance on requirements.

Persons providing a BAS service for a fee or other reward must be registered by the Tax Practitioners Board (TPB) and this qualification is currently cited as meeting the TPB education requirements for registration as a BAS agent. Other requirements apply, including a designated period of experience. Persons seeking BAS agent registration should check current registration requirements with the TPB, as registration requirements are reviewed regularly.