Certificate IV in Financial Services (Accounting) 
 

 
Traineeship
National Code
FNS40604 
CRICOS Code: 069617G 
Centre:
Business Programs
Location:
Elgar Campus
Study Area: Business 
Study Area Sub Category: Accounting 

What does this course involve?

If you want a career working with budgets, costing, assets and inventory, this course gives you the skills to work in this field.

You will learn how to prepare basic financial statements, budgets and asset and inventory registers.

This course also enables you to work within a business environment and complete office tax forms.

This course is also available to international students.

What employment opportunities will I have?

The course prepares you for work such as assistant in budget preparation, costing clerk or asset and inventory clerk.


As a student, the Institute’s Employment Service is your first port of call for advice on gaining employment in this field, and can be contacted on 1300 BOX HILL (1300 269 445).

Accreditation

Nationally Recognised

What further study options will I have?

As a graduate of this course, you may be able to proceed to study the Diploma of Accounting and then the Advanced Diploma of Accounting.

Can I apply?

You must successfully completed Year 12, or qualify as a mature age applicant.

How do I apply?

Current Year 12 Students

  • VTAC - to apply for a full time position in this course must use the Victorian Tertiary Admissions Centre (VTAC) process. Details of the VTAC application process are at www.vtac.edu.au and in the VTAC Guide, which is available from leading newsagents and libraries from August. If after the VTAC places have been offered, the Institute still has vacancies, you will be able to apply directly to the Institute.
  • To apply for a part time or off campus place in this course, you will need to contact the Institute directly.
Mature age
  • Direct entry - beginning and mid year.

If you have any queries, please contact the Institute on 1300 BOX HILL (1300 269 445).

How will I be selected for this course?

Assessment of application

Length of course

Full time - 6 months

Where will I study?

Elgar Campus

What costs and other fees should I expect?

This course can be either Government Subsidised or Self Funded

Government Subsidised Fees (Skills Building)

Fees for government-subsidised students are made up of three main components:
1.   Tuition Fee
2.   Service and Amenity Fee
3.   Materials Fees (including course teaching materials fee and/or retained course items fees).
1. Tuition Fee - 2010
If you are enrolling for the first time in 2010 and eligible for a government subsidised place, the Tuition Fee will be $1.62 per hour with a minimum Tuition Fee of $120 per year and a maximum of $1,000 per year depending upon number of hours enrolled and eligibility for concession.

If you commenced your current course prior to 1 July 2009, but need to enrol in additional units for the same course in 2010 you will pay the Fee Maintenance rate of $1.40 per hour with a minimum fee of $56 per year and a maximum of $896 per year depending upon eligibility for a concession.
2. Service and Amenities Fee
For enrolments up to 404 hours a $58 fee will be charged. For enrolments 405 hours and higher, an $80 fee will be charged.
3. Material Fees
Course teaching materials fees and/or retained course items fees are charged per course. This fee covers materials used in the course, plus some items that you are issued with and retain beyond the life of the course. Fees will vary from course to course, and can range from $100 to $1,000.

Self Funded

Self funded students will pay approximately $3,010 per year ($7.00 per hour of course) depending upon number of hours enrolled.

How will I be assessed?

  • Oral presentation
  • Written assessment
  • Project work
  • Examination or testing

Will my previous experience or study count?

Advanced Standing is approved recognition of prior learning that is displayed as an Exemption (EX) on the student’s academic record. Recognition of Prior Learning (RPL) or Recognition of Current Competencies (RCC) takes into account the knowledge and skills you’ve already gained through your previous education and work. This may be through formal or informal training, paid or unpaid work experience, and can earn you credit if relevant to your chosen course.
All fees quoted are indicative fees and are correct at the time of print. In subsequent calendar years, fees may be subject to a small increase in line with annual Institute fee pricing reviews. This qualification may have prerequisites, co-requisite or bridging units from lower or higher level qualifications. For further clarification please seek advice from the Institute.

 
Units of Competency

FNSACCT405B
Prepare financial statements
60 hr
This unit covers the competency to identify skills and outcomes associated with the development of financial reports.
FNSACCT403B
Prepare operational budgets
40 hr
This unit covers the competency to produce operational budgets.
FNSACCT401B
Process business tax requirements
50 hr
This unit covers the competency to maintain the taxation accounting records and process lodgements and returns in accordance with Australian Taxation Office (ATO) requirements, excluding income tax.
FNSACCT404B
Make decisions within a legal context
60 hr
This unit covers the competency to work and make appropriate decisions within a legal context.
FNSACCT402B
Produce job costing information
40 hr
This unit covers the competency to calculate and record the job costs of products and services.
FNSACCT406B
Maintain asset and inventory records
30 hr
This unit describes those functions associated with the maintenance of records for fixed assets and inventory.
BSBADM306A
Create electronic presentations
20 hr
This unit covers the design of electronic presentations for speakers, self-access and on-line access.
BSBCMN405A
Analyse and present research information
40 hr
This unit covers the skills and knowledge required to gather, organise and present workplace information using available systems.
FNSICIND401B
Apply principles of professional practice to work in the financial services industry
30 hr
This unit covers the fundamental skills needed for employment and the application of industry and company procedures, guidelines, policies and standards in a daily work context within the financial services industry.
FNSICORG517B
Prepare financial forecasts and projections
70 hr
This unit describes the functions involved in preparing financial forecasts and projections.