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1 of accounting and f inance Certificate IV in Bookkeeping FNS40211 FNS40211 v2
2 At Open Colleges, we are passionate about helping people from all walks of life to achieve their aspirations and dreams. For more than 100 years, we have been opening opportunities for people across Australia. Today, Open Colleges is blazing a new trail in online education creating Australia s leader in next generation learning. Why study with Open Colleges? Freedom study where you want, when you want Our courses and learning materials have been designed specifically for online learning Our trainers and assessors are industry professionals with experience in supporting online students Our dedicated student support team is there to help you every step of the way Our virtual campus OpenSpace provides you with opportunities to interact with trainers and assessors, and students Many of our courses are nationally recognised and meet professional licensing or registration requirements. At Open Colleges, we ensure that our Finance and Accounting courses are designed in consultation with industry so that our graduates have the knowledge and skills to pursue a successful career within the financial services sector. Open Colleges courses are structured to offer maximum flexibility, so that you can fit study around your lifestyle. We know that you want great levels of student support, quality learning materials and course flexibility. Our support teams are here to help you achieve your personal and career goals. Melinda Arko Head of Faculty Finance and Accounting
3 of accounting and f inance Certificate IV in Bookkeeping FNS40211 The Certificate IV in Bookkeeping is a nationally accredited course that has been specially designed to cover the specialised information you will need to meet the modern demands of the financial services industry. This course would be very suitable for small business bookkeepers who want to be able to complete their own books of accounts and BAS statements, or for those seeking to work for a number of outside clients. You might also aim to find employment in an organisation or business in a range of industries. This qualification also includes the requirements set out by The Tax Practitioners Board for registering as a Business Activity Statements (BAS) agent. It would be suitable for you if you are aiming to formalise your current skills or expand your career opportunities. The Certificate in MYOB 19.7 is also included in this course as an optional elective, giving you valuable exposure to a computerised accounting system. This course will train you to set up and maintain computerised accounting systems, prepare financial statements and carry out payroll procedures. Delivered online, this course can be done flexibly in your own time, allowing you to structure your work and study around your current commitments. This course also includes a 12 month student membership to the Institute of Certified Bookkeepers, providing you with career development and networking opportunities. COURSE DETAILS Course number Delivery mode Course duration Assessments Qualification Level Nationally recognised Awarded by POTENTIAL JOBS > bookkeeper > BAS agent E1013 Online Maximum 24 months Knowledge test, case studies, written reports, projects, portfolio, oral questioning. Certificate IV Yes Open Colleges > accounts payable/receivable > payroll officer > stock control officer > contracted bookkeeper > accounts supervisor.
4 FNS40211 Certificate IV in Bookkeeping What you need to know about this course COURSE NUMBER E1013 How is the course delivered? This course is delivered online. What is online learning? OpenSpace is Open Colleges online campus. Through OpenSpace you will: > access your learning materials and assessments > undertake assessments or upload assessments > engage and interact with your trainer > participate in student forums and find a study buddy > access your assessment grades and feedback > access student support services > gain access to the Gale Library. What learning materials are included with this course? Your learning materials are accessed through OpenSpace. These include: > workbooks > learning activities > web resources and rich media content > course forums > quizzes > case studies > prescribed textbook: MYOB AccountRight Plus V19.7, 2nd Edition (Gourlay, Flanders) 2013, Publisher: Cengage Learning. You have the option to receive your core learning materials, such as workbooks, by mail for a small surcharge. This is referred to as the print option. If you select the print option, you will still need to access OpenSpace to: > upload assessments > engage with your trainer and assessor > participate in course and unit forums > access grades and other learning resources such as videos or additional readings. How is the course assessed? During the course, you will undertake: > knowledge test > case studies > written reports > projects > portfolio > oral questioning. What about Recognition of Prior Learning (RPL)? We understand that you may already have many skills and areas of expertise that you have obtained in different ways and these are recognised through our Recognition of Prior Learning (RPL) process. Open Colleges has developed an RPL Application Kit for this course. The Student Handbook, available on the Open Colleges website, provides more information about our RPL process. Alternatively, you can contact a course and careers advisor to discuss your RPL options. New educational requirements New educational requirements have now been implemented for Business Activity Statements (BAS) agent applications. To register or renew your registration as a BAS agent from this date, you will need to have completed: > at least a Certificate IV in Accounting or Certificate IV in Bookkeeping; and > a formal approved course in GST/BAS which includes both BAS/Instalment Activity Statement (IAS) and payroll components. This Certificate IV in Bookkeeper meets these new educational requirements. If you are seeking BAS agent registration, check the current registration requirements with the TPB at
5 FNS40211 Certificate IV in Bookkeeping What is the duration of the course? The maximum duration for the course is 24 months. To complete the course in this timeframe, we recommend that you study a minimum of 5 hours per week. This is a guide only the time taken to complete your course will depend on your level of skill and knowledge. What are the entry requirements for the course? Education Requirements There are no formal education entry requirements for this qualification. Minimum Age Requirements You will need to be at least 18 years old. English Language Requirements This course requires you to read comprehensive learner workbooks and textbooks, undertake a range of written assessments, undertake independent research activities and engage in online forums and discussions. Furthermore, the delivery mode relies on the extensive use of written communication. As such, entry to the course requires the successful completion of English to Year 12 level. If you have not successfully completed English at Year 12 level, you can demonstrate equivalency in one of the following: > successful completion of a Nationally Recognised Training qualification at Certificate III level or higher; or > 3 years relevant industry experience in a role that requires the use of written documentation and communication. Open Colleges recognises that not all people are able to read, write and perform calculations to the same standard. See the Language, Literacy and Numeracy section of this website for more information on tools, resources and support services provided by Open Colleges. Hardware and software requirements: All users: > Microsoft Office 2010 or equivalent > broadband internet connection > 2GB of RAM > CD-ROM or DVD drive > Adobe Reader XI or equivalent > printer and associated software > scanner and associated software > file compression software. Windows users: > Microsoft Windows 7 or higher (Windows 8 recommended) > 1 Ghz or faster processer (2GHz recommended) > Adobe Flash Player 10 or higher. Mac OS users: > Mac OSX v10.5 or higher (Mac OSX v10.6 recommended) > 1 Ghz or faster processer (2GHz recommended) > Adobe Flash Player 10 or higher. Skill Requirements: To successfully complete this course, you will require basic computing skills. This includes: > creating, saving and editing Microsoft Office documents > accessing and searching the internet > downloading and saving documents from websites > uploading documents through websites > participating in online discussions > compressing image files. Audio-visual requirements You will need access to software to view online videos and images. Software such as Adobe Reader, Windows Media Player, Windows Photo Viewer etc. are available as a free download from the internet. Physical requirements You will be required to operate office equipment and resources including telephone, photocopier, scanner and printer.
6 FNS40211 Certificate IV in Bookkeeping What support services are available? During your studies with Open Colleges, you will have access to a comprehensive range of support services. These include: Academic support Your experienced trainers are available in OpenSpace to answer any questions you may have regarding the learning materials or assessments. Your course coordinator can also provide you with advice and support regarding the overall course. Student support The student support team is your one-stop service centre for all student administrative issues including enrolment, change of contact details, OpenSpace support, assessment results and certification. You can access the student support team in OpenSpace or by or phone. Learning support The learning support team is a dedicated team of specialists that provide you with a comprehensive induction to studying with Open Colleges as well as specific support if you encounter learning difficulties during your studies. Learning support resources, such as writing guides, are available in OpenSpace. You can access the learning support team via your trainer or the student support team. Peer support As a student of Open Colleges you can also access our study buddy system. This enables you to connect with other Open Colleges students studying your course that live near you. Students find this is a great way to keep motivated and build lasting friendships and networks. More information? The Student Handbook, available on the Open Colleges website, provides more detailed information on the support services available to students. We recommend that you read the Student Handbook prior to enrolling with us. What will I obtain on completion of the course? Upon successful completion of this course you will receive a nationally recognised qualification FNS40211 Certificate IV in Bookkeeping awarded by Open Colleges Pty Ltd (Provider Number 90796). If you complete the optional MYOB elective, you will also receive the Open Colleges Professional Certificate in MYOB Open Colleges is a Registered Training Organisation. FNS40211 Certificate IV in Bookkeeping is deemed equivalent to and has been superseded by FNS40215 Certificate IV in Bookkeeping on the 25th March Open Colleges will transition to the new qualification in the near future. Professional accreditation This course also includes a 12 month student membership to the Institute of Certified Bookkeepers. Articulation pathways Successful completion of the FNS40211 Certificate IV in Bookkeeping provides partial articulation into the FNS50210 Diploma of Accounting. Contact us for more details What funding support options exist? Austudy/Abstudy This course is Austudy/Abstudy approved, but you will need to apply directly to Centrelink for information on eligibility. Studying online through Open Colleges was very easy to follow and OpenSpace was easy to use to submit assessments and view my grades. It allowed me to study in my own time in the evenings with no distractions. The trainers of Open Colleges were always there to help me with any questions I had. They played a huge part in my success in finishing this course. Kylie Kimlin, Open Colleges student
7 FNS40211 Certificate IV in Bookkeeping Study periods and units Once you are enrolled in this course, you will receive access to Study Period 1, which contains the first set of units for the course. When you have successfully completed those units, you ll be given access to the next study period. Order of studies Code Unit title FNSBKG402A Establish and maintain a cash accounting system Study Period 1 FNSBKG403A Establish and maintain an accrual accounting system Study Period 2 Study Period 3 BSBFIA401A BSBITU306A BSBWRT301A Prepare financial reports Design and produce business documents Write simple documents Study Period 4 Study Period 5 Study Period 6 FNSACC303A BSBITU402A BSBSMB405A BSBOHS201A Perform financial calculations Develop and use complex spreadsheets Monitor and manage small business operations Participate in OHS processes Study Period 7 FNSBKG405A FNSBKG404A Establish and maintain a payroll system Carry out business activity and instalment activity statement tasks Study Period 8 FNSBKG401A FNSINC401A Develop and implement policies and procedures relevant to bookkeeping activities Apply principles of professional practice to work in the financial services industry Study Period 9 (optional elective) MYOB 19.7 Certificate in MYOB 19.7 For full course competency details visit
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9 Studying with Open Colleges Open Colleges provides you with the freedom to study where and when you want. We understand that our students are constantly juggling multiple priorities, so our unique learning approach has been specifically designed to enable you to fit education and training around your lifestyle. After you enrol with Open Colleges you will be provided with access to OpenSpace our virtual campus. Here are some of the key features and benefits of OpenSpace: Support Access the student support team using the online enquiry feature. OpenSpace also provides a detailed searchable database of Frequently Asked Questions, so that we can provide you with responses to many of the common queries. You can also contact the student support team by phone on I would recommend Open Colleges to others. They provided me with a course that met my needs and I could do it in my time, around full-time work. But the best part is it got me the job of my dreams. Ben Murphy, Open Colleges student Access Access your learning materials, assessments, videos and additional online resources wherever you have an internet connection. You can also download your study guides, workbooks and assessments so that you can study wherever and whenever it suits you. Connections Connect with your trainers and assessors and other students. You can participate in the lively student forums, link up with a study buddy or engage with your course coordinator. OpenSpace is also where you will submit your assessments and receive your grades. Knowledge OpenSpace is your link to Gale our extensive online library. Through Gale you will have access to millions of academic, magazine and newspaper articles from around the world.
10 How to Enrol Enrolling with Open Colleges is easy: Enrol online today. Just visit our website, select your course and click Enrol Today OR Enrol by phone. Just call one of our friendly course and careers advisors on Need more information? We appreciate that choosing the right course is important. If you would like to discuss your career or course options, please do not hesitate to call our course and careers team on or with your questions.
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