This course is appropriate for a person working in a Finance/Accounting section undertaking a variety of tasks such as Budgeting, Inventroy Control, Asset Management and Management Reporting.
Admission may be granted on the basis of previous study, relevant work experience or employment, completion of Year 11, or a satisfactory level of literacy and numeracy.
Certificate IV in Financial Services (Accounting) (FNS40604)
To achieve a Certificate IV in Financial Services (Accounting) students must complete a total of THIRTEEN (13) units of competency. This comprises FOUR (4) industry core units plus SIX (6) sectoral core units plus THREE (3) elective units of competency as detailed in the packaging rules and listed below.
Students should note that lecturers will assume students enrolling in this course will already have acquired the underlying skills and knowledge that are covered in the Certificate III in Financial Services (Accounts Clerical). This includes the knowledge and skills covered in FNSICIND301A Work in a financial services context; FNSICACC304A Prepare and bank receipts; FNSICACC306A Process journal entries; BSBCMN308A Maintain financial records and BSBADM408A Prepare financial reports.
Total Nominal Course Hours: The total Nominal Course Hours for the sequence listed below is 545-595. Total nominal hours will vary depending on the elective units selected.
Code Module/Unit of Competency
INDUSTRY CORE UNITS OF COMPETENCY
FNSICGEN301B* Communicate in the workplace
FNSICGEN302B* Use technology in the workplace
FNSICGEN304B* Apply health and safety practices in the workplace
FNSICIND401B Apply principles of professional practice to work in the financial services industry
Total nominal hours – industry core
SECTORAL CORE UNITS OF COMPETENCY
FNSACCT401B Process business tax requirements
FNSACCT402B Produce job costing information
FNSACCT403B Prepare operational budgets
FNSACCT404B Make decisions within a legal context
FNSACCT405B Prepare financial statements
FNSACCT406B Maintain asset and inventory records
Total nominal hours – sectoral core
ELECTIVE UNITS OF COMPETENCY (3 units selected in consultation with the course adviser)
BSBADM404A Develop and use complex spreadsheets
FNSACCT407B Set up and operate a computerised accounting system
FNSACCT501B Provide financial and business performance information
FNSACCT502B Prepare income tax returns
FNSACCT503B Manage budgets and forecasts
FNSACCT504B Prepare financial reports for a reporting entity
FNSACCT507B Provide management accounting information
Total nominal hours – elective units
Total nominal hours
* Please note: FNSICGEN301B, FNSICGEN302B and FNSICGEN304B should be completed as part of the Certificate III in Financial Services. Students can be concurrently enrolled in the Certificate III and IV.
Students should always check with the course coordinator about the suitability of elective units other than those already recommended above.
The 3 elective units may be selected as follows:
* All 3 units may be selected from the Financial Services Training Package at the Certificate IV level
* Of the 3 units, up to 2 units at Certificate III level (AQF level III) and up to 2 units at Diploma level may be included in this qualification
* Of the 3 units, up to 2 units may be selected from other endorsed packages in accordance with other packaging guidelines for this qualification
* The choice of electives should be appropriate to the level and integrity of the qualification and to the workplace outcomes it is designed to meet
This qualification is designed to reflect the role of employees who perform duties such as:
* completing Business Activity Statements (BAS) and other office taxes
* operational reporting
* producing of basic management reports
* producing basic job costing reports
* preparing budgets
* supervising the operation of computer based systems
* classifying, recording and reporting of accounting information
* maintaining inventory records
* managing a small office
* making decisions in a legal context.
Enrolling in Cert IV before completing Cert III
If you have not successfully completed the Certificate III in Financial Services (Accounts Clerical) but wish to enrol straight into a Certificate IV, you will be required to undertake the VET Accounting 1 assessment which we have set is a pre-requisite for the Certificate IV.
You need to make a booking for this assessment.
Check the University Bookshop for detail on any textbooks that may be required.
Employability Skills are embedded in the training and assessment of national training package qualifications. Information on the Employability Skills relevant to your qualification can be obtained by visiting this website and keying in the national code for the qualification: http://employabilityskills.training.com.au.
Recognition of Prior Learning (RPL)
RPL is the acknowledgement of a person's skills and knowledge acquired through previous training, work or life experience, which may be used to grant status or credit in a subject regardless of how and where they were attained, including overseas.
This can include skills from:
* Previous study excluding courses at another VET/TAFE institution, but including courses at school or college,
* through adult education classes or training programs at work;
* Work experience (including both work that is paid and unpaid); and/or
* Life experience (for example leisure pursuits or voluntary work).
RPL is a form of assessment. It is used to determine whether a person has acquired, through formal or informal learning, the skills and experience consistent with the stated competency standards that comprise a qualification. RPL is not time referenced, so there are no parameters on how or when the skills are acquired. However, the skills that have been acquired through life experience etc., must be current and must match the elements and performance criteria contained in the individual unit.
Students seeking RPL need to indicate this on their enrolment form at the time of enrolment.
See the RPL Guide for Applicants for further information on the RPL application process.
Credit Transfer or Recognition of Previous Study
Charles Darwin University as a Registered Training Organisation recognises the Australian Qualifications Framework qualifications and Statement of Attainments issued by any other Australian Registered Training Organisation.
Students are encouraged to submit any requests for credit from previous studies at the time of enrolment, to ensure they are not enrolling in units they may not need to undertake.
In order to apply for exemption/credit transfer from units completed at another training organisation, you will need to complete an Application for Exemption Form available from any campus, centre, or team, or a copy of the form can be obtained from the web.
Your completed Application for Exemption form together with attached documentary evidence (certified copy of Qualification/Statement of Attainment) to support your request for exemption/credit transfer should be submitted directly to the University either in person or by mail. Requests without documentary evidence will not be processed and will be returned to students. There are no fees attached to Credit Transfers.
Students who successfully complete VET qualifications at the Certificate IV level or above and subsequently enrol in a Bachelor degree in the same field or discipline, will receive advanced standing