Distance Learning Training
Certificate IV Financial Services (Accounting)
FNS40604
RTO # 22341: Total Business Services & Training Pty Ltd
Fee - $2850 + Payment Plan Available
Duration - Self Paced Training
Course Begins Upon Application
Click on the link above & a fillable Adobe PDF form will download to your computer
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Distance Learning Explained:
The Certificate IV Financial Services Accounting course delivered by TBST can be entirely studied by Distance Learning. This means that we send you all your course material, work books, software and manuals and a step by step guide and you work through the material at your own pace. We would expect that you will spend at least 90 hours reading and working through the course material as you would if you were studying the course by Classroom Training. You will then need to practice the material you have learnt and work through your assessments.
You have a dedicated trainer who also trains the Classroom Training students and they are only an email or phone call away if you have any questions.
Distance Learning is a very popular method of training as it allows the student the flexability to vary their study load to suit their available time.
About the Cert IV Accounting Course:
The Certificate IV Financial Services (Accounting) course will equip students with the necessary skills to be able to undertake tasks such as payroll processing, accounts payable and receivable processing, maintenance of general ledger, preparation of financial reports; the ability to use computer software (MYOB) in the accounting environment; an accounting qualification for membership of the Association of Accounting Technicians (AAT) and Institute of Certified Bookkeepers (ICB); a qualification for registration as a BAS Agent.
Students will be trained proficiently in the use of current versions of MYOB as this accounting program is the leading and preferred software of choice of many business enterprises.
Who should do the course?
This course is suitable for candidates who: intend to perform or supervise office bookkeeping duties such as completing Business Activity Statements (BAS), accounts payable and receivable processes, and other office taxes, preparing budgets, operational reporting, producing basic management and job costing reports and maintaining inventory records within a small to medium business enterprise; or are already working in the industry and wish to obtain the qualification to broaden their knowledge and take on supervision of a range of bookkeeping functions in a small business environment; or wish to take on responsibilities of office manager in a small to medium business environment.
Units Covered - Cert IV Financial Services Accounting - Distance Learning:
4 Industrly Core Units
* FNSICIND401B - Apply principles of professional practice to work in the financial services industry
* FNSICGEN301B - Communicate in the workplace
* FNSICGEN302B - Use technology in the workplace
* FNSICGEN304B - Apply health and safety practices in the workplace
* FNSICGEN301B - Communicate in the workplace
* FNSICGEN302B - Use technology in the workplace
* FNSICGEN304B - Apply health and safety practices in the workplace
6 Sectorial Core Units
FNSACCT401A - Process business tax requirements
FNSACCT402B - Produce job costing information
FNSACCT403B - Prepare operational budgets
FNSACCT404B - Make decisions within a legal context
* FNSACCT406B - Maintain asset and inventory records
* FNSACCT405B - Prepare financial statements
FNSACCT402B - Produce job costing information
FNSACCT403B - Prepare operational budgets
FNSACCT404B - Make decisions within a legal context
* FNSACCT406B - Maintain asset and inventory records
* FNSACCT405B - Prepare financial statements
3 Elective Units
* FNSACCT407B - Set up and operate a computerised accounting system
* FNSBKPG405A - Establish and maintain a payroll system
* FNSBKPG405A - Establish and maintain a payroll system
* FNSBKPG404A - Carry ot business activity and instalment activity statement tasks
Units with an asterix * are common to both the Cert IV Financial Services (Accounting) & the Cert IV Financial Services (Bookkeeping) qualifications trained by TBST.
Multiple Qualifications: Certificate IV Financial Services (Bookkeeping)
In addidion to the standard Cert IV Accounting distance learning study load, students may also elect to enrol in the 4 additional units to attain the Certificate IV Financial Services (Bookkeeping) FNS40207 qualification trained by TBST.
The addition Certificate IV Financial Services Bookkeeping Units are:
FNSBKPG401A - Develop and implement policies and practices relevant to bookkeeping activities
FNSBKPG402A - Establish and maintain a Cash Accounting System
FNSBKPG403A - Establish and maintain an Accrual Accounting System
FNSBKPG402A - Establish and maintain a Cash Accounting System
FNSBKPG403A - Establish and maintain an Accrual Accounting System
BSBADM408A - Prepare financial reports
Multiple Course Upgrade Fee - 4 Units via Distance Learning - $920
Multiple Course Upgrade Fee - 4 Units via Classroom Training - $1300
Apply via the Enrolment Form.
Assessment:
Assessments are completed for each unit and utilise a variety of techniques to indicate the student has attained competency. Students may choose to be enrolled in all units (the Certificate IV Qualification) or individual units may be completed in order to finalise previous studies with other institutions. Students may also elect to enrol in additional units in order to attain more than one qualification.
Example assessment methods include the following:
Multiple choice questions
Short answer questions
Workplace based observations and tasks
Research studies and analysis
Case studies and problem solving analysis
Report writing
Numeric calculations
Role plays
Short answer questions
Workplace based observations and tasks
Research studies and analysis
Case studies and problem solving analysis
Report writing
Numeric calculations
Role plays
Practical activities and completion of tasks with industry relevant software such as MYOB, Microsoft Office, email etc.
What does the course include?
Included with your course you will receive:
Manual bookkeeping to trial balance text & workbook
Working in the Financial Services Industry textbook.
13 individual unit workbooks
MYOB student edition software
MYOB Asset manager student edition software
1-year free student membership with the Institute of Certified Bookkeepers
Working in the Financial Services Industry textbook.
13 individual unit workbooks
MYOB student edition software
MYOB Asset manager student edition software
1-year free student membership with the Institute of Certified Bookkeepers
USB flash drive containing additional course resources, assessments, PowerPoint presentations, MYOB course practice & assessment files, submission cover sheets, video & audio files.
Student policies & procedures manual
Student assessment & study guide
Course Duration:
This course is a self paced distance learning training course. We would expect that you will spend at least 90 hours reading and working through the course material. You will then need to practice the material you have learnt and work through your assessments.
Due to this flexibility there is a lower drop out rate thus saving students time and money vested in their desired outcomes. In addition, flexible adult learning encourages students to continue the course at their own pace without restrictions as to when and how you complete the course. Therefore, students are able to continue their life roles and incorporate their study into time slots that suit their lifestyles. This also allows those that are working either as an employee or subcontractor to continue to earn money or charge for billable hours, which further serve to reduce the ‘real’ course costs.
Students have 12 months in which to complete all of their assessments.
Prerequisites:
Basic computer skills
Basic Microsoft Office skills
Access to the Microsoft Office suite of programs (either PC or Macintosh).
A basic calculator and stationery
PC – minimum system requirements & loaded with current versions of: Quicktime, Adobe Reader & access to the internet & email programs. Basic Microsoft Office skills
Access to the Microsoft Office suite of programs (either PC or Macintosh).
A basic calculator and stationery
Click on the link above & a fillable Adobe PDF form will download to your computer
Or Click Here to Request a Registartion Form & Further Information Today.
Units Covered in the Certificate IV Financial Services Accounting Course:
Manual Bookkeeping to Trial Balance
Business structures, Regulations governing business activity, Notes on how GST works, Reporting GST on a cash and accruals basis, Carrying on a business entity or hobby, Introduction to bookkeeping including functions, responsibilities and Codes of Conduct, Account Groups & transactions, Balance sheet analysis, Profit and Loss analysis, Analysing account groups and the transactions contained within each group, Account group rules, Writing up a General ledger, Analysing transactions with GST, Prepare a Trial Balance, Chart of Accounts and the general ledger, Entering journals, Reconciling bank accounts, Posting opening balances in the general journal, Posting journals to the subsidiary ledgers, Source documents, Accounts receivable, Accounts payable, Checking for overdue accounts & Checking the accuracy of supplier statements.
FNSICIND401B
Apply principles of professional practice to work in the financial services industry
Participants in the financial services sector, Regulators and other authorities associated with the Financial services industry, Professional associations utilised and associated directly with the bookkeeping, accounting and the financial service sectors, Codes of practice associated with bookkeeping and accounting, Professional development for continuous improvement, Legal frameworks that cover the financial services industry, Best practice principles in business, Ethics, Privacy and Confidentiality, Duty of Care, Conflicts of interest, Induction programs, Corporate disclosure & Financial calculations.
FNSICGEN301B
Communicate in the workplace
Communication skills, Organisational policies and procedures, Gathering workplace information, using communication to carry out workplace tasks, communication equipment in the workplace, Effective speech and language skills, Effective non-verbal communication, Effective listening techniques, Questioning techniques for effective communication, Participating in team discussions and meetings, Diversity in communication, Achieving workplace outcomes, Negotiation skills, Contributing to decision-making processes in the workplace, Written communication, Spelling, grammar and punctuation, Organisational style guides, Taking telephone messages, Workplace records, Communicating calculations.
FNSICGEN302B
Use technology in the workplace
What is a computer?, Different types of computers, The system unit, Memory, Storage devices, The computing process, Using a computer, The difference between hardware and software, Ergonomics & Health and Safety, Computer hardware and equipment, Workstation and equipment layout, Turning your computer on and off, Log-in procedures, Computer software, Using software applications including Microsoft Office, database programs, desktop publishing programs and communications software, Multimedia software, Accounting and payroll software, Organisational style, File management, Using manuals, Using the help features, Using peripheral devices, Machine maintenance, Back up processes, Simple hardware faults, Error messages, Printing problems, Viruses, Maintenance programs & Computer terminology.
FNSICGEN304B
Apply health and safety practices in the workplace
Identifying hazards, Assessing and controlling risks in the workplace, Hazard types, Reporting hazards, Workplace inspections, Emergencies and how to deal with them, HAZCHEM codes, Accident and incident reporting, Health and Safety laws, Health and Safety Codes of Practice, Health and Safety inspectors, Participating in Health and Safety management including committees, employee participation and Health and Safety representatives & Employee inductions.
FNSACCT401A
Process business tax requirements
Maintain accounting records for taxation purposes, Determine the accounting system to be used for taxation purposes, Maintain adequate records to support the taxation accounting system, Comply with taxation requirements of business documents, Establish an accounting system to manage taxation lodgment process, Maintain sufficient and current records to comply with lodgment requirements, A lodgment schedule is established according to requirements, Process business tax returns and lodgments , Identify returns and lodgments, Process accounting data to comply with taxation reporting requirements & Returns and lodgments are reviewed by authorised personnel.
FNSACCT402B
Produce job costing information
Gather and record operating and cost data, Identify product costs, Classify the elements of the products cost, Unit costs and cost behaviour, Predetermined factory overhead rates, Choice of cost driver, Other cost classifications, Produce costs reports, Cost accounting and the financial accounting system, Profit determination for a manufacturer, Manufacturing and trading statements, Inventory systems: periodic and perpetual, Production cost flows, General ledger account structure, Materials control account, Labour control account, Factory overhead control account, Work in process account, Finished goods account, Cost of goods sold account, Job cost cards, Job card cost summary, Detailed trading statement by job and in total, Disposition of factory overhead variances & Monitoring factory overhead variances: flexible budgets and performance reports.
FNSACCT403B
Prepare operational budgets
Identify cash, revenue and expenditure items that are relevant to the objectives of a budget, Ensure the budgets objectives are consistent with the organisations aims, projects and forecasts, Discussions and negotiations with the organisations stakeholders promote goodwill and cooperation, Milestones and performance indicators are identified and included within the budget, Annual budgets are broken down into seasonal periods to review operational trends, Data from the budget is presented in a format that is appropriate and easy to understand, Budget reports are completed in a timely manner and distributed for specified periods and projects (Trading organisation & Service organisation) & Other expenditure and revenue items are identified.
FNSACCT404B
Make decisions within a legal context.
FNSBKPG404A
Carry out Business Activity and Instalment Activity Statement tasks
Statutory, legislative and other requirements relevant to BAS & IAS, Gathering information, Reporting GST using the accounts method and other reporting methods, Tax codes and the calculation worksheet method, Entering GST transactions in MYOB accounting, Other GST and tax issues, Payroll and the activity statement, Calculating and reporting PAYG Instalment, Preparing the Business Activity Statement, Correcting GST errors & Test your skills.
FNSACCT406B
Maintain asset and inventory records
Setting up inventory using MYOB accounting, Stock cards, assigning costs and entering transactions, Stock cards for accounts, Key terms and concepts of inventory, Recording inventory transactions in MYOB, Using periodic inventory, Calculating depreciation on Assets, Depreciation methods, Depreciation journals, Effective life of Assets, Depreciation for small and large businesses, Using MYOB AssetManager Pro & MYOB and Asset Manager Integrated Exercise.
FNSACCT405B
Prepare financial statements
Statutory Compliance requirements of business entities, Exploring the accounting system in MYOB, Financial regulation, Entering data and checking accuracy, End of year adjustments, Entering adjustments in a 12 column worksheet, Preparing a statement of cash flows using MYOB, Analysing reports and presenting data in different formats & Introduction to preparing financial statements for Non-Profit Organisations.
FNSBKPG405A
Establish and maintain a payroll system
Payroll legislation and requirements, The payroll command centre, Processing pays in MYOB, Payment of deductions withheld, End of Payroll year, Processing payroll enquiries, Setting up a payroll data file, Payroll procedures - legislation, Employee/Employer Obligations, Processing time sheets & Payroll issues such as salary sacrifice, long service leave, terminations and payroll tax.
FNSACCT407B
Set up and operate a computerised accounting system
Double entry bookkeeping principles, Exploring MYOB, Banking command centre, Reconciling your cheque account, File management and error correction, Sales command centre, Purchases command centre, End of year procedures and adjustments, Creating a new data file, Setting up a fixed asset register using AssetManager Pro, Introduction to preparing the Business Activity Statement & End of year adjustments.
Addition Units Covered in the Cert IV Financial Services Bookkeeping Course:
FNSBKPG401A
Develop and implement policies and practices relevant to bookkeeping activities
Clarifying business needs and expectations of business owners and relevant parties, Defining the roles and responsibilities of the bookkeeper, Defining alternative providers to supply services for activities that are outside of the responsibilities of the bookkeeper, Refer business owners to relevant networks for advice/service, How to seek feedback on products and services provided, How to use fair ethics in business practice, Establish and implement strategies for continuing professional development, Use research skills and access tools and publications relevant to legislative, statutory and regulatory requirements of industry & Set up and maintain appropriate systems to meet compliance requirements.
FNSBKPG402A
Establish and maintain a Cash Accounting System &
FNSBKPG403A
Establish and maintain an Accrual Accounting System
Set up a cash and accrual accounting system in MYOB, Exploring MYOB, Cash accounting using the banking command centre, Reconciling your cheque account, File management and error correction, Using Help in MYOB, Setting up a data file using cash accounting, Enter transactions into MYOB including Petty cash and credit cards, Reconciling GST and entering BAS payments to the ATO, Print financial reports, Double entry bookkeeping and reports, Adjusting a Cash accounting file to include Debtors and Creditors (Accrual), Processing accounts receivable, Bookkeeping code of ethics, Processing accounts payable, Using inventory, More complex transactions in MYOB such as refunds, reimbursing petty cash, contra entries, contact logs, bad debts, customer statements and handling overpayments received, Preparing the Business Activity Statement, End of year processes and adjustments & Revision exercises.
BSBADM408A
Prepare financial reports
Bookkeeping to trial balance, Maintaining an asset register, Processing journal entries, Updating the general ledger, Closing the ledger, Preparing financial reports, Handling bad debts and balance day adjustments in the next accounting period.
About Your Trainer:
Our trainer has 25+ years experience in business management roles, bookkeeping, consultancy, recruitment and training industries and has worked for and trained:
- The 10th fastest growing Australian Public Company providing in house customised training.
- Training services in short courses and accredited training which include both one-on-one training and large group training.
- In house training for the staff of a large accounting firm with offices in 4 States throughout Australia
- Principal and CEO of Total Business Services and Training that started as a small bookkeeping business which has now grown to incorporate Bookkeeping, Consultancy, Training and specialist business services and seminars delivered all over Australia.
- A client base that extends from small one-owner operators to large multi-national and international business.
Our trainer’s skills and memberships also include:
Nationally Qualified Workplace Assessor and Trainer that has been training for over 20 years for private and public universities and responsible for delivery of training to Corporate clients visiting from China and large scale training for events such as the Melbourne Grand Prix.
- MYOB Certified Consultant
- MYOB Accredited Trainer
- Institute of Certified Bookkeepers (ICB) Accredited Training Centre Provider
- Member of the Australian Bookkeepers Network
- Member of the Institute of Certified Bookkeepers
- MYOB Authorised Reseller
- Our trainer is focused on providing simple and easy to understand training solutions that suit individual company and client needs, with an emphasis on making the training enjoyable, relative, understandable and easy to follow.
Click on the link above & a fillable Adobe PDF form will download to your computer
Or Click Here to Request a Registartion Form & Further Information Today.
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