FNS40222 – Certificate IV in Accounting and Bookkeeping

Nationally Recognised Training

The Certificate IV in Accounting and Bookkeeping qualification reflects the job roles of workers in the bookkeeping and accounting industry, including BAS Agents and contract bookkeepers, and of those employees performing bookkeeping tasks for organizations in a range of industries. It includes preparing and lodging business and installment activity statements and providing advice or dealing with the Commissioner on behalf of a taxpayer in relation to activity statements. Individuals in these roles apply theoretical and specialist knowledge and skills to work autonomously and exercise judgment in completing routine and non-routine activities.

Licensing/Regulatory Information

Work functions in the occupational areas where this Certificate IV in Bookkeeping and Accounting 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.

VET National Code


CRICOS Course Code



52 Weeks (incl. holidays and breaks)

Delivery Mode


Tuition Fee


Enrolment Fee


Material Fee


Language, Literacy and Numeracy test (LLN)

All students are required to undertake a language, literacy and numeracy (LLN) test mapped at ACSF level 4 conducted by Blue Lotus College (BLC). Candidates undertaking this Cert IV accounting and bookkeeping course in Melbourne must possess sound Numeracy skills, as it requires them to do calculations, make reports and graphs.

Pre-training Review

As per its Admission and Enrolment Policy and Procedure, BLC conducts a pre-enrolment Client Needs Analysis to determine course suitability, existing skills and knowledge and an early detection of any learning needs. Pre-enrolment analysis includes LLN testing and identification of specific learning and/or support needs. A pre-enrolment interview may also be conducted. RPL and credit transfer opportunities are provided at the time of enrolment, and an option for students to apply at time during their studies. BLC’s LLN and student support policies support these processes.

English Language Requirements

To enrol into this course with Blue Lotus College, international students, applying either off-shore or on-shore, must satisfy one of the following requirements:

  • Either a minimum IELTS test score of 6 or equivalent for direct entry into a VET course;
  • or, IELTS score of 5.5 or equivalent with an ELICOS course (up to 10 weeks) to be taken before the main VET course;
  • or, IELTS score of 5.0 or equivalent with an ELICOS course (up to 20 weeks) to be taken before the main VET course.

Results more than two years old are not acceptable.


  • Evidence that they have studied in English for at least five years in Australia, Canada, New Zealand, Republic of Ireland, South Africa, United Kingdom, or United States.


  • Evidence that, within two years of their application date, they have successfully completed in Australia and in the English language, either the senior secondary certificate of education or a substantial component of a course leading to a qualification from Australian Qualifications Framework at the Certificate IV or higher level, while they held a student visa.

Please note that Blue Lotus College will also accept equivalent test results from the following specified English Language Tests: TOEFL iBT, PTE Academic, Cambridge English: Advanced (CAE), and TOEFL PBT.

*On 26 July 2023 the TOEFL internet-based test (TOEFL iBT) stopped offering English language tests for Australian visa purposes. A score for a TOEFL iBT test taken on or after 26 July 2023 will no longer satisfy the English language requirement for Student visa purposes. Only TOEFL iBT scores from a test taken on or before 25 July 2023 are accepted for Student visa purposes.

**From 12 February 2024, only results from the paper-based Cambridge C1 Advanced test (previously known as Cambridge English: Advanced CAE) will be accepted for Australian visa and migration purposes. Test scores for both C1 Advanced paper-based and computer-based tests, taken before 12 February 2024, within the specified validity period are still accepted.

Academic Requirements (International Students)

Prospective BLC international students are required to demonstrate their capacity to complete the course successfully. International students applying for this Certificate IV in Accounting and Bookkeeping course in Melbourne either off-shore or on-shore will need satisfactory completion of the equivalent of Australian Year 11 or Certificate III or higher qualification as well as entry requirements listed in this financial services training package.

Basic Computing Skills

Students are required to have basic computer skills, including operating MS-word and doing research on internet. The Certificate IV in Bookkeeping and Accounting course will require students to have software training that enables them to make reports and use MS word, Excel, PowerPoint and accounting software e.g. Xero or MYOB.

Materials and Equipment Required

Although Blue Lotus will provide access to computers/laptops with required resources during classroom hours to work on assignments and tasks for self-study, all leaners are expected to bring a laptop with the Windows 7 operating system or higher. Students must have an active email address for communication and be contactable by phone (mobile or landline) and by mail (postal address). All students are expected to have access to a MS office application such as Microsoft Word, and an email platform such as Microsoft.
The Certificate IV in Accounting and Bookkeeping prepares students for accounting related job role that includes:
  • Working with computerised accounting systems
  • Completing BAS and other financial statements
  • Producing non-complex management reports including compiling budget information
  • Supervising the operation of computer-based financial systems
  • General administration
To be awarded the FNS40222 Certificate IV in Accounting and Bookkeeping qualification, learners must be deemed competent in 13 units of competency, which include: Ten (10) Core Units and Three (3) Elective Units, Consisting of :
Core Units
1 FNSACC321 Process financial transactions and extract interim reports
2 FNSACC322 Administer subsidiary accounts and ledgers
3 FNSACC418 Work effectively in the accounting and bookkeeping industry
4 BSBTEC302 Design and produce spreadsheets
5 FNSACC426 Set up and operate computerised accounting systems
6 FNSTPB412 Establish and maintain payroll systems
7 FNSTPB411 Complete business activity and instalment activity statements
8 FNSACC421 Prepare financial reports
9 FNSACC412 Prepare operational budgets
10 FNSACC414 Prepare financial statements for non-reporting entities

Elective Units

11 BSBTEC301 Design and produce business documents
12 BSBTEC402 Develop and use complex spreadsheets
13 FNSACC413 Make decisions in a legal context

Note: Fees may change during your course of study. BLC reserves the right to discontinue or alter any course date, tuition or service fee, location, timetable or staffing without prior notice. This will constitute a provider default and all tuition fees will be handled in accordance with Blue Lotus College’s Refund Policy. Interest will not be credited to Student Fees or disbursements and therefore no interest will be recovered by students in the event of cancellation. Students must maintain valid Overseas Student Health Care insurance throughout their enrolment.
To find out the methods of application, visit How to apply page If you have a query about how to apply or entry requirements, contact admissions@bluelotus.edu.au

Additional Bookkeeping Short Courses We Offer:

  • Introduction to Accounting and Bookkeeping course
  • Xero bookkeeping course
  • BAS agent course