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1 of accounting and f inance Certificate IV in Accounting FNS40611 FNS40611 v1

2 At Open Colleges, we are passionate about helping people from all walks of life to achieve their aspirations and dreams. For more than 100 years, we have been opening opportunities for people across Australia. Today, Open Colleges is blazing a new trail in online and distance education creating Australia s leaders in next generation learning. Why study with Open Colleges? Freedom study where you want, when you want Our courses and learning materials have been designed specifically for open learning Our trainers are industry professionals with experience in supporting open learning students Our dedicated student support team is there to help you every step of the way Our virtual campus OpenSpace provides you with opportunities to interact with trainers and students Many of our courses are nationally recognised and meet professional licensing or registration requirements Your Head of Faculty, Melinda Arko Melinda started her career as an accounting and economics teacher in Brisbane. She has co-authored a textbook titled Nelson s Business Education. Melinda has lectured at Queensland University of Technology as a business, accounting and finance lecturer and later opened a finance brokering and financial planning business. In the past, she regularly featured on 97.3FM radio and was an education consultant to various corporate clients including Lend Lease Construction and Caltex, where she was instrumental in aligning VET qualifications with various Induction programs. Prior to joining the Open Colleges team, Melinda was a learning and development consultant for Mortgage Choice and a national learning and development manager for a Sydney based RTO. Melinda is passionate about finance and accounting education and online learning environments and has a strong focus on quality compliant courses.

3 of accounting and f inance Certificate IV in Accounting FNS40611 The FNS40611 Certificate IV in Accounting has been designed to give you a broad spectrum of skills and knowledge so you will have the best chance of success in the financial services industry. This certificate would be suitable for those who want to find work as an accounts clerk or in a finance role. It would also be suitable if you are already performing financial services and you want to formalise your current skill set. This qualification includes many of the requirements set out by The Tax Practitioners Board for registering as a Business Activity Statements agent and the learning materials of this course have been designed to specifically suit online learners. Discover the current industry trends within the finance sector and align your knowledge with the tools, methods and processes used by senior accountants in the industry. Particular focus is given to the processing of financial transactions and reporting. The role of an accountant often requires you to have an understanding of specific legislation. An example of this would be tax and company law. This course is designed to make sure you have the necessary skills you will need to move swiftly into employment. The use of computerised accounting systems and their operation is also covered and under the FNS10 packaging rules some units of this qualification will count towards enrolment in the FNS50210 Diploma of Accounting. COURSE DETAILS Course number Delivery mode Course duration Assessments Qualification Nationally recognised Awarded by POTENTIAL JOBS > payroll clerk E1011 > general clerical assistant > accounts receivable clerk > accounts payable clerk > accounts supervisor. Online Maximum 24 months Knowledge test, case studies, written reports, projects, portfolio. Certificate IV Yes Open Colleges

4 Certificate IV in Accounting FNS40611 What you need to know about this course COURSE NUMBER E1011 How is the course delivered? This course is delivered online. What is online learning? OpenSpace is Open Colleges online campus. Through OpenSpace you will: > access your learning materials and assessments > undertake assessments or upload assessments > engage and interact with your trainer > participate in student forums and find a study buddy > access your assessment grades and feedback > access student support services > access to live and pre-recorded webinars > gain access to the Gale Library. What learning materials are included with this course? Your learning materials are accessed through OpenSpace. These include: > workbooks > learning activities > web resources and rich media content > course forums > quizzes > case studies. How is the course assessed? During the course, you will undertake: > knowledge test > case studies > written reports > projects > portfolio. What about Recognition of Prior Learning (RPL)? We understand that you may already have many skills and areas of expertise that you have obtained in different ways and these are recognised through our Recognition of Prior Learning (RPL) process. Open Colleges has developed an RPL Application Kit for this course. The Student Handbook, available on the Open Colleges website, provides more information about our RPL process. Alternatively, you can contact a course and careers advisor to discuss your RPL options. Pathway into the qualification There is a direct pathway into this course from the FNS30311 Certificate III in Accounts Administration. Please contact Open Colleges for more information. New educational requirements New educational requirements have now been implemented for Business Activity Statements (BAS) agent applications. To register or renew your registration as a BAS agent from this date, you will need to have completed: > at least a Certificate IV in Accounting or Certificate IV in Bookkeeping; and > a formal approved course in GST/BAS which includes both BAS/Instalment Activity Statement (IAS) and payroll components. This Certificate IV in Accounting meets these new educational requirements. If you are seeking BAS agent registration, check the current registration requirements with the TPB at

5 Certificate IV in Accounting FNS40611 What is the duration of the course? The maximum duration for the course is 24 months. To complete the course in this timeframe, we recommend that you study a minimum of 6 hours per week. This is a guide only the time taken to complete your course will depend on your level of skill and knowledge. What are the entry requirements for the course? Education Requirements You will need to have completed Year 12, or equivalent. Equivalency can be demonstrated by one of the following: a qualification at Certificate II level or higher, or 2 years of industry experience in a role that requires the use of written documentation and communication. Minimum Age Requirements You will need to be at least 18 years old. English Language Requirements This course requires you to read comprehensive learner workbooks, undertake a range of written assessments and engage in online discussion forums. Furthermore, the course relies on the extensive use of written communication. As such, entry to the course requires English proficiency to Year 12 level, or equivalent (see Education Requirements for equivalency) or completion of an approved English language test (see website for details). Computing Requirements You will need to have basic computing skills to undertake this course. This includes the ability to: > use the computer, mouse and keyboard with proficiency in skills required to integrate software packages, save files and search the internet > attach and use peripheral devices such as a scanner, digital camera, media storage (for example, a flash drive for design storage) > save a compressed file (.zip) > save a PDF File. Minimum specifications for your computer are: > Microsoft Office 2007 or higher recommended > broadband internet connection > 2GB of RAM > CD-ROM or DVD drive > Adobe Reader X or equivalent. Specific requirements for Mac OS users: > Mac OS X v 10.5 or higher (Mac OS X v 10.6 or higher is recommended) > 1 gigahertz (GHz) or faster Intel processor (2GHz or faster recommended). Specific requirements for Windows users: > Microsoft Windows 7 or higher recommended > 1 gigahertz (GHz) or faster processor (2GHz or faster recommended) > Adobe Flash Player 10 or higher. Audio-visual requirements You will need access to a digital video recording device and/or a digital camera and associated software to save and upload video and image files to OpenSpace. Many mobile phones and smartphones include this technology. What support services are available? During your studies with Open Colleges, you will have access to a comprehensive range of support services. These include: Academic support Your experienced trainers are available in OpenSpace to answer any questions you may have regarding the learning materials or assessments. Your course coordinator can also provide you with advice and support regarding the overall course. Student support The student support team is your one-stop service centre for all student administrative issues including enrolment, change of contact details, OpenSpace support, assessment results and certification. You can access the student support team in OpenSpace or by or phone.

6 Certificate IV in Accounting FNS40611 Learning support The learning support team is a dedicated team of specialists that provide you with a comprehensive induction to studying with Open Colleges as well as specific support if you encounter learning difficulties during your studies. Learning support resources, such as writing guides, are available in OpenSpace. You can access the learning support team via your trainer or the student support team. Professional accreditation Upon successful completion of this course, you will gain professional accreditation to the Association of Accounting Technicians and the Tax Institute. Articulation pathways A career progression pathway for this qualification is the FNS50210 Diploma of Accounting. Peer support As a student of Open Colleges you can also access our study buddy system. This enables you to connect with other Open Colleges students studying your course that live near you. Students find this is a great way to keep motivated and build lasting friendships and networks. More information? The Student Handbook, available on the Open Colleges website, provides more detailed information on the support services available to students. We recommend that you read the Student Handbook prior to enrolling with us. What will I obtain on completion of the course? Upon successful completion of this course you will receive a nationally recognised qualification FNS40611 Certificate IV in Accounting awarded by Open Colleges Pty Ltd (Provider Number 90796). Open Colleges is a Registered Training Organisation. FNS40611 Certificate IV in Accounting has been superseded by FNS40615 Certificate IV in Accounting on the 25th March Open Colleges will transition to the new qualification in the near future. What funding support options exist? Austudy/Abstudy This course is Austudy/Abstudy approved, but you will need to apply directly to Centrelink for information on eligibility. Other courses you may be interested in > FNS40211 Certificate IV in Bookkeeping > FNS50210 Diploma of Accounting > FNS60210 Advanced Diploma of Accounting Studying online through Open Colleges was very easy to follow and OpenSpace was easy to use to submit assessments and view my grades. It allowed me to study in my own time in the evenings with no distractions. The trainers of Open Colleges were always there to help me with any questions I had. They played a huge part in my success in finishing this course. Kylie Kimlin, Open Colleges student

7 Certificate IV in Accounting FNS40611 Study Periods and Units Once you are enrolled in this course, you will receive access to the Study Period 1, which contains the first set of units for the course. When you have successfully completed those units, you ll be given access to the next study period. Order of Studies Code Unit Title and resources Study Period 1 FNSINC401A Apply principles of professional practice to work in the financial services industry BSBOHS201A Participate in OHS processes Study Period 2 BSBITU306A Design and produce business documents Study Period 3 BSBFIA401A Prepare financial reports Study Period 4 FNSACC404A Prepare financial statements for non reporting entities FNSACC301A Process financial transactions and extract interim reports Study Period 5 FNSBKG404A Carry out business activity and instalment activity statement tasks Study Period 6 FNSACC406A Set up and operate a computerised accounting system Study Period 7 FNSACC403B Make decisions in a legal context FNSBKG405A Establish and maintain a payroll system * Study Period 8 BSBITU402A Develop and use complex spreadsheets BSBWRT301A Write simple documents FNSACC303A Perform financial calculations For full course competency details visit * Note this is a required unit for BAS registration

8

9 Studying with Open Colleges Open Colleges provides you with the freedom to study where and when you want. We understand that our students are constantly juggling multiple priorities, so our unique learning approach has been specifically designed to enable you to fit education and training around your lifestyle. After you enrol with Open Colleges you will be provided with access to OpenSpace our cutting edge virtual campus. Here are some of the key features and benefits of OpenSpace: Access Access your learning materials, assessments, videos and additional online resources wherever you have an internet connection. You can also download your study guides, workbooks and assessments so that you can study wherever and whenever it suits you. Support Access the student support team using the online enquiry feature. OpenSpace also provides a detailed searchable database of Frequently Asked Questions, so that we can provide you with 24/7 responses to many of the common queries. You can also contact the student support team by phone on I would recommend Open Colleges to others. They provided me with a course that met my needs and I could do it in my time, around full-time work. But the best part is it got me the job of my dreams. Ben Murphy, Open Colleges student Connections Connect with your trainers, assessors and other students. You can participate in the lively student forums, link up with a study buddy or engage with your trainer. OpenSpace is also where you will submit your assessments and receive your grades. Knowledge OpenSpace is your link to Gale our extensive online library. Through Gale you will have access to millions of academic, magazine and newspaper articles from around the world.

10 How to Enrol Enrolling with Open Colleges is easy: Enrol online today. Just visit our website, select your course and click Enrol Today OR Enrol by phone. Just call one of our friendly course and careers advisors on Need more information? We appreciate that choosing the right course is important. If you would like to discuss your career or course options, please do not hesitate to call our course and careers team on or with your questions. Are you ready to study online? If you are unsure, you can take our free online learning assessment. See for more information.

11 Our Colleges Our Partners Open College of Accounting and Finance Open College of Aged Care Open College of Animal and Pet Care Open College of Art and Design Open College of Beauty Open College of Business, Management and Marketing Open College of Child Care Open College of Community Services Open College of Counselling and Coaching Open College of Fitness Open College of Health Care Open College of Information Technology Open College of Natural Therapies Open College of Photography Open College of Teaching and Training Open College of Technical Trades and Languages Open College of Tourism and Hospitality Australian College of Journalism College of Fashion Design ICM Training International Child Care College Language Training Institute Melissa Mahoney Legal College National Safety Council of Australia North Coast TAFE For more information call or go to

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