Key Benefits

Latest Qualification

Enrol in the latest nationally recognised Accounting and Bookkeeping qualification. The FNS40217 Certificate IV in Accounting and Bookkeeping supersedes and is equivalent to the FNS40615 Certificate IV in Accounting and FNS40215 Certificate IV in Bookkeeping.

Learn MYOB or Xero

During your course, you’ll get to learn some of Australia’s leading accounting software packages. Choose whichever software is more relevant to your needs – MYOB or Xero. You’ll get great software training resources, and student edition access to the software you choose, right up until you’re finished studying.

Nationally recognised

This course is nationally recognised under the Australian Qualifications Framework (AQF). If you’re looking for a pathway to higher education in Australia, this could be it.

Government funding

Living in Victoria or Queensland? You may be able to get government funding for your course. To see if you’re eligible, click here.

Free Membership

Association of Accounting Technicians (AAT) Australia and Institute of Certified Bookkeepers (ICB)

Get free student membership into AAT Australia and ICB when you enrol. Membership gives you access to wide range of resources you can use to help kick off your career. Click here to learn more.

TPB approved course

This course meets the Tax Practitioners Board (TPB) education requirements to become a registered BAS agent.  Experience criteria also apply.

Course Accreditation

In total, you need to complete 13 nationally recognised units of competency to be awarded the FNS40217 Certificate IV in Accounting and Bookkeeping.


Module 1

Establishing solid foundations: accounting fundamentals

Module 2

Real world essentials: practice and business taxation

Module 3

Big bucks for business: payroll, activity statements and computing

Module 4

Clever calculations and procedures: effective work practices

Course Assessments

Assessment formats include:


BAS Agent Certification assessments

The Tax Practitioners Board (TPB) requires the BAS Agent Certification module (included in this Certificate IV) to be assessed via two two-hour open book assessments.

The first assessment covers payroll administration. The second assessment covers activity statements. The assessments do not need to be completed at the same time. In fact it is suggested they are not.


What is included in the BAS Agent Certification assessments?

Each assessment consists of 30 multiple choice questions and six short answer or calculation questions.


Where do I do the exam?

The Tax Practitioners Board (TPB) specifies students can complete the assessments at any location provided they are independently supervised according to the terms and conditions of independent supervision as specified by the TPB.

For more details on the requirements of independent supervision, please get in touch with one of our friendly course consultants on 1300 738 955.

IMPORTANT: Further requirements for becoming a registered BAS agent

Career Opportunities

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:

A growing industry

There’s never been a more exciting time to learn the accounting business. 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

Pathways

Your Certificate IV in Accounting and Bookkeeping is a great pathway to the FNS50217 Diploma of Accounting. The Certificate IV also provides entry to the Institute of Certified Bookkeepers as an Affiliate Member.

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.

Entry requirements

Course 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:


What equipment will I need?

You will need access to the following equipment to successfully complete the course:


Am I eligible for recognition of prior learning?

We may be able to take into account relevant knowledge and skills you’ve possibly 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 info@monarch.edu.au and one of our course consultants will be in touch.

Course Topics

Module 1

Establishing solid foundations – accounting fundamentals

Module 2

Work like a pro…effective work practices

Module 3

Big bucks for business – payroll, activity statements and computing

Module 4

Financial essentials….calculations, budgets and taxes

Course Duration

Is there a maximum course completion time?

Yes; two years for the whole qualification. You must complete each module within six months.


Is there a minimum course completion time?

No. Except for some government funded students, students can complete the qualification as quickly as they choose.


What is the average course completion time-frame?

Students who are highly motivated and well organised can often complete the full course in nine months. The key factors that influence course completion are a student’s experience, time availability and work rate.

How it works

More than online.

You’ll get:


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, Skype, Zoom, TeamViewer, 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.

Course Price

Upfront payment

$2,125 (Total)

The most cost-effective option. Pay up front and save 10% compared to the total payment plan. Payment options include electronic funds transfer (EFT), credit card (Mastercard or Visa), cheque or cash.


Payment plan

$89.90 per week – paid over 26 weeks (Total: $2,337.50)

This option is suitable for students wanting to manage their cash flow. It’s handy if you want to get started right away, but don’t have the full amount on hand. Payment must be made with Mastercard or Visa.


Government funding

If you live in Victoria or Queensland, Monarch has government funded places.

To see if you are eligible for a government funded place, please click here to see the criteria. Or get in touch with one of our friendly course consultants.

Meet your trainers

Industry experts and thought leaders.
Simon Slade-Betts
Trainer
"Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime."
– Chinese Proverb et al

I’m the Accounting/Bookkeeping Course Co-ordinator, and a trainer and assessor, here at Monarch Institute. I’ve got quite a few years’ experience as an accounting trainer and assessor with Australia’s largest RTO colleges.

As a Certified Practising Accountant (Fellow), I’ve got over 37 years’ accounting and business experience. I’ve worked both locally and overseas, across diverse industries, with some of the world’s largest multinational corporations. In these roles I have held directorships, senior financial management and company secretarial positions. This means I’ve had responsibility for all aspects of accounting and finance.

My experience in accounting and finance is complemented by more than 18 years’ involvement in the IT industry. I’m still working in the industry, with Australia’s leading software provider, to deliver specialised business software training to business operators in the SME sector.

What makes me jump out of bed each morning?

The opportunity to help make the world a better place through helping educate and encourage learners and business operators achieve their goals and consequently improve the living standards of millions of people worldwide. But just before I do all of that, I’m a coffee lover, so the enticement of a great morning coffee also helps a lot!

Michelle Dascal
Trainer
"A person who never made a mistake never tried anything new."
– Albert Einstein

I currently work in a mid-tier accounting firm as a senior accountant, and love it. I have over four years’ experience working as a business service accountant and tax consultant. I look after a portfolio of clients across various industries, and that’s really interesting. Observing different sector dynamics at play is fascinating. My skills include preparing financial statements, preparing tax returns, BAS, budgeting, cash flow analysis and tax consulting.

What makes me jump out of bed each morning?

I’m passionate about eating food. I love to try different cuisines in restaurants, and enjoy cooking as well. The bed time discussion generally starts with, ‘…what are we going to eat tomorrow’?

John Deininger
Trainer
"No choice we can make as a nation lies between our history and our geography. We can hardly change either of them. They are immutable. The only choice we can make as a nation is the choice about our future."
- Hon Paul Keating

I am a qualified Chartered Accountant. I started out with the large chartered practice Pricewaterhouse Coopers. Since then I’ve built a career in financial services, working with both large and small chartered accounting firms, financial services businesses both in Australia and overseas and a mid-tier industry superannuation fund. I’ve also got a track record of similar roles in a volunteer capacity in the local community; I’m the treasurer of two community organisations. I am particularly interested in assisting and guiding students in the financial services arena with their studies and career development.

What makes me jump out of bed each morning?

I lead a busy and involved life, although more and more I’m reliving my childhood through the activities of my son Oskar! Together with my wife and Oskar, I enjoy the year-round wonders of the outdoors so close to Melbourne’s doorstep, while still hanging onto an inner city cosmopolitan life style, hopefully the best of both worlds. A bike, kayak, tent and xc skis are my most treasured possessions!

Karen Alpen
Trainer
"To handle yourself, use your head; to handle others, use your heart"
– Eleanor Roosevelt

I’m a Chartered Accountant with a Bachelor of Financial Administration and a Graduate Certificate in Management. With fifteen years of experience teaching accounting and bookkeeping as a part-time lecturer at a University and TAFE, I’m still loving my job.

I started my accounting career in Sydney with one of the world’s largest accounting firms, and had ten years of experience working in both the public and commercial accounting professions prior to commencing teaching. I understand the challenges of studying online, having gone back to university as a mature age student to complete an online Bachelor of Science. I’m now undertaking a Master of Science (Bioinformatics) at Melbourne University, so I empathise with students juggling work, family and study commitments.

What makes me jump out of bed each morning?

The long list of jobs I have to do each day… family, pets, work, study! When there is a spare moment, I enjoy walking, cycling, reading (not just textbooks!), fiddling around in the garden and painting/sketching.

Jenny Hargreaves
Trainer
"Believe you can and you’re halfway there."
– Theodore Roosevelt

I’m a registered BAS agent, holding vocational and tertiary qualifications in bookkeeping, accounting, training and psychology. I’ve had 28 years’ experience in the financial services industry. This has included multiple roles for a large Australian bank and a small Australian regional bank. I run my own bookkeeping company in NSW alongside my role as a trainer here at Monarch Institute.

What makes me jump out of bed each morning?

Nothing. I’m not a morning person! Once the first espresso of the day kicks in it all changes. As the ‘pawrent’ of two adorable dogs, I adopt their outlook on life. That is, live in the moment and always have a good stretch before doing anything. I enjoy singing really, really loud, living by the motto ‘just because I can’t sing, doesn’t mean I won’t’.

Melissa Nettle
Trainer
"Why fit in when you were born to stand out?"
- Dr. Seuss

I am the Manager of the Funded Accounting Programs here at Monarch Institute. Over the past 20+ years I have worked in various roles within the financial services industry including working as a trainer/assessor in Finance and Accounting, Bookkeeping and Business Administration courses.

I am a proud Mum of three beautiful daughters. In fact, I started and completed my accounting degree, online, whilst on maternity leave, so I can absolutely relate to the struggles involved with juggling being a Mum and studying full time.

I coach A-grade softball and I also coach my two youngest daughters’ Tee Ball team. Opposite ends of the spectrum and certainly challenging. I love it!

What makes me jump out of bed each morning?

Usually, having to wake my girls up to get them motivated and ready for school. Not an easy task! Also, my mind usually starts ticking over, at 100 MPH, at around 5:00 a.m. so I figure, why fight it? Just get up and make things happen!

Leanne Pagano
Trainer
"You are braver than you believe, stronger than you seem, and smarter than you think" A.A. Milne

I am a registered tax agent with qualifications in Accounting and Training and Assessment.  I have my own small practice that I have been operating for over 10 years.

I have worked in various roles in the finance industry – from working as a bookkeeper for small/medium businesses to accountant in CPA firms.  I have also been teaching for a few years now and love sharing my knowledge and passion with students who are new to the field.  I also love learning, and am currently completing my Bachelor of Accounting online.  I have total understanding and empathy for our students who undertake online studies, fitting in their daily lives with study.

What makes me jump out of bed each morning?

To be honest, I am not much of a morning person.  I need my cup of tea to get me going.  It is then the menagerie of animals that need to be fed, dogs, chickens, rabbits, budgie and one lone pigeon that ensure I am up and about.  That and, usually my daughter wanting a lift somewhere (hurry up and get your license!).  Then it is my love of learning and teaching that gets me motivated for the rest of my day.

Karen Loynd
Trainer
"Learning is a treasure that will follow its owner everywhere” Chinese proverb

I am an accountant with a Bachelor of Business (Accounting) and various teaching qualifications. I have approximately twenty years of experience teaching accounting and bookkeeping courses at a leading TAFE college. I have also taught online courses for several years and appreciate the challenges many online students face.

In addition, I have worked in various accounting and bookkeeping roles in public accounting. I enjoy helping and interacting with students in my role as a Trainer at Monarch Institute.

What makes me jump out of bed in the morning?

Helping people, whether it is students, family, friends or the wider community. I also enjoy tennis and having something fun to do.

Any questions? Ask away!

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Accounting and bookkeeping education.
For the real world.

Get in touch

Certificate IV in Accounting and Bookkeeping

FNS40217

  • Get vital accounting knowledge and real-world accounting skills
  • Become a certified bookkeeper or registered BAS agent – experience criteria applies
  • Study anywhere, anytime – whatever works best for you
Click to expand
DurationUp to two years
How it worksStudy online. With a difference.
Price$2,125 up front | $89.90 per week (payment plan) | Gov. Funding if eligible
Career opportunitiesCertified bookkeeper | Registered BAS agent
Course topicsFour modules
Accreditation13 units of competency | Nationally recognised
Course trainersIndustry experts and thought leaders.
Pathways

Diploma of Accounting

Entry requirements

No formal prerequisites | RPL available | Some equipment needed

AssessmentsMultiple small assessments and BAS Agent Certification assessments | No exams
Start dateImmediately, or whenever you’re ready.
Get in touch about enrolling
Payment Options There are two ways you can pay for your course...
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