Key Benefits

Learn MYOB or Xero

Learn Australia’s leading accounting software packages. Software training is built directly into this qualification. Choose whichever is more relevant to your needs. The course includes comprehensive software training resources, and access to the software of your choice while you’re studying.

Nationally recognised

The course is nationally recognised under the Australian Qualifications Framework. This means you can use it as a pathway to further education qualifications around Australia.

TPB approved course

This course meets the Tax Practitioners Board (TPB) education requirements for becoming a registered BAS agent. Our ‘career opportunities’ section outlines the TPB experience criteria required.

Add the dual qualification

Want to take your learning even further? It’s only an extra $175 to enrol in the dual qualification. This involves adding only one additional unit of competency. You’ll end up with both a FNS40615 Certificate IV in Accounting and FNS40215 Certificate IV in Bookkeeping. Learn more by clicking here

Government funding

If you live in Victoria or Queensland, you might be able to get government funding. To see if you’re eligible, click here.

Free Membership: Institute Certified Bookkeepers (ICB)

Get a free student membership into the Institute of Certified Bookkeepers (ICB) when you enrol – save $120! Membership gives you access to wide range of resources you can use to help kick off your career. Learn more by clicking here.

Course Accreditation

In total, you need to complete 13 nationally recognised units of competency to be awarded the FNS40215  Certificate IV in Bookkeeping. If you’re considering upgrading to the Dual Qualification, bear in mind that you’ll need to add one additional unit.


Module 1

Establishing solid foundations – accounting fundamentals

Module 2

Show me the money! Financial statements and taxation

Module 3

Big bucks for business – payroll, activity statements and computing

Module 4

Clever calculations and procedures – professional practices

Course Assessments

Assessment formats include:

Career Opportunities

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

You’ve started your journey in the accounting and bookkeeping industry at an exciting time. Success in this course can lead to a variety of careers. You could even start your own bookkeeping business offering a great lifestyle potential.  It’s also a great step up for any business owner looking to take control of their finances.

Small-to-medium enterprises (SMEs) and larger corporations generally hire full time and part-time bookkeepers and accounts persons. It is a great career opportunity for a qualified bookkeeper.


Some interesting statistics about the growth potential of accounting and bookkeeping

According to the ATO and Australian Bureau of Statistics, there are over 2 million privately owned small businesses – each having less than $2 million in annual turnover. Additionally, there are 175,000 small-to-medium enterprises (SMEs) in Australia with an annual turnover between $2 million and $250 million, with 98% of those being privately owned. And then there are large multi-national corporations that employ vast numbers of accounts department staff.

SMEs and larger corporations generally hire full time and part-time bookkeepers and accounts persons. It is a great career opportunity for a qualified bookkeeper who has completed an accounting and bookkeeping qualification.


Further requirements for becoming a registered BAS agent

Want to become a BAS agent? In addition to the qualification, you’ll also need to:

Other conditions include:

For full details, check out the TPB page on registering as an individual BAS agent.

Pathways

You can go on to study the Diploma of Accounting or Advanced Diploma of Accounting. You may find that many of the topics you study in the Diploma course are similar to what you’ll learn in this Certificate, but in further depth. Of course, your path will also depend on the career outcome you’re after. For example, if you’re studying bookkeeping so you can handle the books in your own business, you might explore a different aspect of management as you continue your learning.

Course Prerequisites

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 gained through previous formal or informal training, education and employment. To find out more, refer to our Student Information Guide by clicking here, or get in touch with one of our friendly course consultants.

Course Topics

Module 1

Establishing solid foundations – accounting fundamentals

Module 2

Show me the money! Financial statements and taxation

Module 3

Big bucks for business – payroll, activity statements and computing

Module 4

Clever calculations and procedures – professional practices

Course Duration

Is there a maximum course completion time?

Yes – you have up to two years to complete the qualification, and many complete it in less time.

There is also a requirement that you complete each module within six months.


Is there a minimum course completion time?

No – there is no minimum.

With the exception of 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 genuinely motivated to progress through the course are able to complete the full course in as little as nine months. Other students who have no experience or understanding of key concepts in bookkeeping take closer to two years.The key factors that influence course completion are a student’s experience, time availability and work rate.

How it works

Study online. With a difference.

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.


Do you offer corporate workshops?

Yes. We’re the corporate training partner of choice for several large organisations. Our trainers can also conduct onsite training for groups of six staff or more. Get in touch with our friendly course consultants for more information.

Course Price

Upfront payment

$1,950 (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

$82.50 per week, paid over 26 weeks (Total: $2,145)

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 (click + to meet them)
Simon Slade-Betts
Trainer
"I have been impressed with the urgency of doing. Knowing is not enough; we must apply. Being willing is not enough; we must do."
– Leonardo da Vinci

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 16 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.

Rochelle Park
Trainer
"Strive not to be a success, but rather to be of value."
– Albert Einstein

I have enjoyed a career in the bookkeeping and accounting industry for over 16 years, and I’m proud to have owned several successful small businesses during that time. As a qualified and Practicing BAS Agent, I bring a solid and first hand understanding of the bookkeeping space and the technologies that support business processes. I’m is passionate about working with students, supporting them on their learning journey into successful careers as bookkeepers and accountants.

I also mentor bookkeepers working toward registering as BAS agents as they acquire their required hours in a supervised environment. I’m passionate about lifelong learning and improving what I can offer my students, which is part of why I’m also completing the Masters of Business Administration (MBA) at Deakin University.

What makes me jump out of bed each morning?

Family life and the enjoyment of helping others (with a strong cup of black coffee in hand) are great enticers for me to spring out of bed every day. I enjoy a busy and fun family life with my four young adult children and my partner, kayaking on the beautiful Port Phillip bay or just reading a fiction book reclined.

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’.

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Bookkeeping education.
For the real world.

Get in touch

Certificate IV in Bookkeeping

FNS40215

  • Get invaluable real-world bookkeeping knowledge and skills
  • Become a certified bookkeeper or registered BAS agent – experience criteria applies
  • Study anywhere, anytime – whatever works best for you
Click to expand
Duration Up to two years
How it works Study online. With a difference.
Price $1,950 up front | $82.50 per week (payment plan) | Gov. funding if eligible
Career opportunities Certified bookkeeper | Registered BAS agent
Course topics Four modules
Accreditation 13 units of competency | Nationally recognised
Course trainers Industry experts and thought leaders (click + to meet them)
Pathways

FNS50215 Diploma of Accounting | FNS60215 Advanced Diploma of Accounting

Prerequisites

No formal requirements. Learn about recognition of prior learning (RPL), and equipment needed.

Assessments Multiple small assessments | No exams
Start date Immediately, 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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