Certificate IV in Accounting and Bookkeeping

Overview of the Course

The Certificate IV in Accounting and Bookkeeping is a nationally recognized qualification that equips individuals with the essential skills and knowledge required to thrive in the accounting and bookkeeping industry. This comprehensive course is designed to prepare students for a variety of roles by teaching them how to prepare financial reports, financial statements, and business activity statements. Additionally, students will learn to manage payroll systems and handle financial transactions efficiently.

Upon successful completion of the course, students will meet the educational requirements for registration as a Business Activity Statement (BAS) agent with the Tax Practitioners Board. This certification opens doors to numerous career opportunities in the accounting and bookkeeping sectors, making it an ideal choice for those looking to establish a solid foundation in this field.

Course Details

You will learn to use essential industry tools and programs (such as MYOB, Xero and Quickbooks), plus how to prepare financial statements, forecasts and budgets, maintain a payroll system and prepare GST BAS report for companies of different sizes.

This course also prepares you for roles such as BAS Agents and contract bookkeepers, focusing on employees performing bookkeeping tasks essential for various industries. With over 20 years of industry and teaching experience, Baywater Institute’s teachers are dedicated to giving you job ready skills that make you well-equipped to compete in a challenging job market. ‍

Curriculum

The Certificate IV in Accounting and Bookkeeping consists of 8 core units and 3 elective units, meticulously designed to provide a well-rounded education in accounting and bookkeeping principles. The core units cover critical topics such as performing routine financial calculations, financial reporting, financial statements, payroll systems, and financial transactions. These units ensure that students gain a deep understanding of the fundamentals of the industry.

In addition to the core units, students can choose from a range of elective units that allow them to specialize in specific areas of interest. These electives include computerized accounting systems, subsidiary accounts, and operational budgets. This flexible structure enables students to tailor their learning experience to their career goals and interests, ensuring they are well-prepared for the diverse demands of the accounting and bookkeeping industries.

This course is a level 4 AQTF qualification and based on the FNS40217 financial service training package.

Real World Industry Experience

CertIV in Accounting and Bookkeeping, and the Diploma of Accounting are vocational training programs which provide students with fundamental concepts of accounting and hands on operating skills. Students are taught by teachers with extensive accounting industry experiences. Students also have many opportunities to practice their accounting skills in class and in an internship environment in an accounting firm after they complete the course.

Entry Requirements

To be eligible for the Certificate IV in Accounting and Bookkeeping, prospective students must meet the following entry requirements:

• Be at least 18 years old
• Have a good understanding of English language, literacy, and numeracy skills
• Possess a basic understanding of accounting and bookkeeping principles. No prior learning is required.
• Have access to a computer and internet for online study

This course is ideal for individuals who are looking to start a career in accounting and bookkeeping, as well as those who are already working in the industry and wish to upgrade their skills and knowledge. Whether you are a newcomer to the field or an experienced professional seeking to enhance your expertise, the Certificate IV in Accounting and Bookkeeping provides a solid foundation for success.

Professional Accreditation and Membership

The Certificate IV in Accounting and Bookkeeping is accredited by the Institute of Certified Bookkeepers (ICB) and the Association of Accounting Technicians (AAT). Upon completing the course, students are eligible for a free student membership with the ICB and can also apply for student membership with the AAT.

These memberships provide students with access to a wealth of professional development opportunities, networking events, and industry resources. Being part of these professional bodies not only enhances your credentials but also keeps you connected with the latest trends and developments in the accounting and bookkeeping industry. This professional recognition is invaluable as you embark on your career journey in this dynamic field.