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FNS40217 Certificate IV in Accounting and Bookkeeping

This qualification is designed to reflect the job roles of BAS Agents contract bookkeepers and employees performing bookkeeping tasks for organisation’s in a range of industries.

It includes the preparation and lodgment of business and instalment activity statement tasks and the provision of advice or dealing with the Commissioner on behalf of a taxpayer in relation to the activity statements. Individuals in these roles apply theoretical and specialist knowledge and skills to work autonomously and exercise judgement in completing routine and non-routine activities.

Licensing/regulatory information

Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on requirements.

Persons providing a business activity statement (BAS) service for a fee or other reward must be registered by the Tax Practitioners Board (TPB) and this qualification is currently cited as meeting the TPB education requirements for registration. Other conditions apply, including a designated period of experience. Persons seeking BAS agent registration should check current registration requirements with the TPB, as registration requirements are reviewed regularly.


Candidates have a total of 2 years to complete the Certificate IV, however, based on a study commitment of 15 to 20 hours a week, candidates are able to complete this in 12 months.

Entry requirements

There are no specific entry requirements for this qualification however participants are required to be competent in written and spoken English and will undertake a Language, Literacy, and Numeracy test prior to commencing the training.


A possible training pathway for a student completing this qualification could be the following:

* FNS50217 Diploma of Accounting
* BSB50215 Diploma of Business

These qualifications represent a logical pathway regardless of whether the RTO offers the qualifications.

After achieving the FNS40217 Certificate IV in Accounting and Bookkeeping, candidates may pathway to the FNS50217–Diploma of Accounting or undertake a qualification in a specialist area within the BSB Business Services Training Package such as administration, management or human resources at Diploma level.

‘Course Credits’ may be gained for further study on completion of this qualification.

Job roles

Job roles associated with this qualification relate to the delivery of training and assessment of competence within the VET sector.

Employment outcomes may include the following role/s:

* Bookkeeper or Accountant within any Industry area.

Course Content

13 units are required for award of this qualification including:

* Eight (8) are core units
* Five (5) are elective units

On successful completion of the following 13 units you will have attained the FNS40217 Certificate IV in Accounting and Bookkeeping.

The following tables outline the Units of Competencies and FMedge subjects available for this Qualification.

Unit Code Unit Title Core /Elective
 BSBFIA401   Prepare financial reports  Core
 BSBSMB412   Introduce cloud computing into business operations  Core
 FNSACC311  Process financial transactions and extract interim reports  Core
 FNSACC312  Administer subsidiary accounts and ledgers  Core
 FNSACC408  Work effectively in the accounting and bookkeeping industry  Core
 FNSACC416  Set up and operate a computerised accounting system  Core
 FNSTPB401  Complete business activity and instalment activity statements  Core
 FNSTPB402  Establish and maintain payroll systems  Core
 BSBCUS301  Deliver and monitor a service to customers  Elective
 BSBCUS403  Implement customer service standards  Elective
 BSBITU306  Design and produce business documents  Elective
 BSBSMB402  Plan small business finances  Elective
 BSBSMB405  Monitor and manage small business  Elective

Please Note: The elective units of competency have been selected by FMedge following industry consultation and are offered in the standard delivery of this course by FMedge. Candidates who have attained competency in alternate units may be eligible to substitute those units for Credit transfer/RPL or RCC in accordance with the training package rules for the FNS40217 Certificate IV in Accounting and Bookkeeping. Where this course is offered for our corporate clients and subject to the training packaging rules alternate electives may be substituted to provide customisation to their specific requirements.


Upon successful completion of the required 13 units, you will be awarded FNS40217 Certificate IV in Accounting and Bookkeeping.

Delivery Methods

icon-online  Online

Programs can also be designed to meet your timeframe and the specific needs of your personal circumstances, your organisation and market sector.

Please contact us to discuss your organisation’s specific training needs and preferred delivery method (Online, classroom based or a blended approach).

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