Certificate IV in Accounting and Bookkeeping
FNS40222
Course duration: 12 months
Price: $3,450 up front | $159.23 per week (payment plan) | Gov. Funding if eligible
How it works: Study online. With a difference.
Start date: Immediately, or whenever you’re ready.
Entry requirements: No formal prerequisites | RPL available | Some equipment needed
Qualification type: Certificate IV
Monarch Institute is one of very few registered training organisations to offer the Tax Practitioners Board approved courses required to become a registered BAS agent or a registered tax agent.
Monarch Institute is one of very few registered training organisations to offer the Tax Practitioners Board approved courses required to become a registered BAS agent or a registered tax agent.
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Course Summary
Monarch Institute is one of very few registered training organisations to offer the Tax Practitioners Board approved courses required to become a registered BAS agent or a registered tax agent. We're also approved by Australia's largest bookkeeping association - the Institute of Certified Bookkeepers who awarded us Training Provider of the Year in 2024!
Courses are delivered by skilled professionals, senior CPA and chartered accountants, registered BAS agents and bookkeepers. They have decades of combined experience across an extensive range of industries.
Study accounting or bookkeeping with us and you’ll get practical training that makes use of industry leading software. You'll also get free IPA and ICB membership.
Accounting and bookkeeping is an industry that’s enjoying considerable growth and, upon completion of this course, it’s one that will open up a variety of career paths.
Key opportunities include:
BAS agent
Bookkeeper
Bookkeeping and small practice accounting
Assistant accountant
Accounts officer/clerk
Payroll officer/clerk
Accounts receivable credit/controller
Financial controller (small to medium businesses)
Treasury officer
Procurement officer
Analyst (with financial reporting focus)
A growing industry
The skills you’ll pick up in this certificate can be used in a variety of different roles – not just full time accounting! You could start your own bookkeeping practice, giving you that work life balance you’ve always wanted. You could take on a finance or budget strategy role in your current organisation. It’s up to you.
IMPORTANT: Further requirements for becoming a registered BAS agent
This course was designed to be completed within 12 – 24 months but you can complete it as fast as you like.
We offer a study timetable to help you complete the course in 12 months if you have the motivation and available time. However, we give all students up to two years (with 6 months per module) for a flexible, self-paced learning experience.
Your completion time frame depends on your previous education, work experience, time availability and work rate. You’re expected to complete at least one module every six months.
More than online.
You’ll get:
Easy-to-follow course materials
Access to Xero (student edition)
Videos and webinars
Heaps of support from your course trainers (phone, email, Zoom)
A dedicated admin team on hand to guide you
Online assessments
Student Facebook group
How does it work?
This course has been developed to give you absolute flexibility. Study on your couch, on public transport, on your break at work, out in the park – wherever and whenever you like. The best part is, with Monarch Institute, ‘online’ doesn’t mean ‘alone’. You’ll be backed by our trainers at every step along the way.
What support will I get?
Your trainer will be happy to contact you via phone, Zoom, or email (Monday to Friday, 9am to 5.30pm). So you definitely won’t feel alone. You’ll also have access to our student Facebook groups, so you can discuss the material with other students. It’s a handy way to stay in touch with trainers and others in the same course.
Assessment formats include:
Multiple-choice questions
Short-answer questions
Workplace scenarios
Calculation questions
Role-plays -video self-recording and upload of the file
Accounting software exercises
TPB required assessments (see below)
Supervised Assessments
The Tax Practitioners Board (TPB) requires supervision arrangements for a portion of the assessments in the following units:
FNSTPB411 Complete business activity and instalment activity statements
FNSTPB412 Establish and maintain payroll systems
This supervision is provided by Monarch Institute as part of your course fee. We do not charge any additional supervision fees. These 2 units contain 3 supervised assessments which include multiple choice questions and short answer or calculation questions. Each assessment is open book and you have up to 3 hours to complete each assessment. Supervision for assessments can be booked as a scheduled Zoom session with Monarch invigilators once you commence your course. You will need a webcam on your device, as well as internet access.
IMPORTANT: Further requirements for becoming a registered BAS agent
Immediately, or whenever you’re ready.
Get in touch about enrolling
"The entire journey was incredibly satisfying and exceeded my expectations. The course content was comprehensive, and the instructors were knowledgeable and supportive throughout the process."
- MJ Amador, Certificate IV in Accounting and Bookkeeping Student
Entry Requirements
There aren’t any formal prerequisites. But to make sure you get the most out of training with us, the following enrolment process applies:
Once we receive your enrolment, our friendly course consultants will touch base to undertake a pre-training review to ensure the training is right for you.
For students without an equal or higher level qualification, there is a short language, literacy and numeracy quiz you complete online.
We may be able to take into account relevant knowledge and skills you’ve gained through previous formal or informal training, education and employment. To find out if you are eligible for recognition of prior learning, email your resume and academic transcripts to enrol@monarch.edu.au and one of our Course Consultants will be in touch.
You will need access to the following equipment to successfully complete the course:
Working computer with Microsoft Office (2016 or later) and Microsoft Excel
Access to the internet
Access to a smart phone, video camera or web camera is required
Note: Access to online accounting software, including Xero, is provided as part of your course fee.
Take the short quiz to see if this course is right for you.
Pathways
Your Certificate IV in Accounting and Bookkeeping is a great pathway to the FNS50222 Diploma of Accounting. The Certificate IV also provides entry to the Institute of Certified Bookkeepers as well as the Institute of Public Accountants. Find out more here.
Some universities may give you credit towards a degree with your accounting and bookkeeping units. You will generally have to discuss this directly with the university you’re thinking of applying to.
If you're looking to study part courses in accounting, Monarch Institute are proud to offer the following part courses:
Module 1
Establishing solid foundations: accounting fundamentals
BSBPEF501 Manage personal and professional development
FNSACC321 Process financial transactions and extract interim reports
FNSACC322 Administer subsidiary accounts and ledgers
FNSACC421 Prepare financial reports
Module 2
Work like a pro...effective work practices
FNSACC414 Prepare financial statements for non-reporting entities
BSBTEC302 Design and produce spreadsheets
BSBTEC402 Design and produce complex spreadsheets
Module 3
Financial essentials: budget, financing and working effectively
FNSACC412 Prepare operational budgets
BSBESB403 Plan finances for new business ventures
FNSACC418 Work effectively in the accounting and bookkeeping industry
Module 4
Big bucks for business: using Xero, payroll and activity statements
FNSACC426 Set up and operate computerised accounting systems
FNSTPB412 Establish and maintain payroll systems (TBP code: MPA001)
FNSTPB411 Complete business activity and instalment activity statements (TBP code: MAS001)
Please note Module 1 and 2 of this course uses a clustered unit delivery model so please speak to a Course Consultant about how this could affect any RPL or CT granted.
Accounting and Bookkeeping courses. For the real world.
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Fees
Queensland: This course is delivered with Queensland Government funding. If you live in Queensland, check your funding options here.
*Fees and units are subject to change.