Certificate IV in Financial Services (Accounting)

(Course Code FNS40604 / CRICOS Code 057040K)

The Australian Qualifications Framework

This course is a nationally accredited qualification under the Australian Qualifications Framework (AQF). The Australian Qualifications Framework (AQF) provides a nationally consistent and flexible framework for all qualifications gained through the workplace, post compulsory education and training. This means that qualifications are designed to be consistent and to be recognised across Australia. Organisations and individuals will be certain of what competencies each AQF qualification includes. The Australian Qualifications Framework (AQF) is a national framework that is based on achieving competency.

Course Aims

On the completion of the Certificate IV, graduates will have basic accountancy skills suitable for entry-level positions in large or small organisations performing 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, and making decisions in a legal context.

Course Structure

4 Industry Core Units Apply principles of professional practice to work in the financial services industry Apply health and safety practices in the workplace Communicate in the workplace Use technology in the workplace 6 Sectoral Core Units Process business tax requirements Produce job costing information Prepare operational budgets Prepare financial statements Make decisions within a legal context Maintain asset and inventory records

3 Elective Units Set up and operate a computerised accounting system (Dip) Prepare financial forecasts and projections (Dip) Maintain business technology (Certificate IV in BM)

Units for course structure are subject to change. Not all units are offered every term/semester)

Assessment

The intention of this course is to define a viable and valued workplace outcome. Students completing any associated training course should be able to effectively perform a substantive work role.

The achievement of competence will be assessed by a range of methods aiming at maximum flexibility and customization to address specific needs and learning situations: observation of ongoing activities, short formal and informal tests, presentation of portfolios, role plays, observation of group discussion.

Students will undertake informal assessment on an ongoing basis. This assessment will be used by the teacher to monitor student progress and to provide appropriate feed back. The informal assessments do not contribute to the results achieved by a student. Students should be aware that all competency based tasks must be completed by the submission date. If a student does not pass their formal competency based assessment then they have the right to be re-assessed before they commence their end of semester tests.

Requirements to Receive the Qualification

To receive the Certificate IV, students are required to successfully complete all units of competence. A qualification will be issued based on the successful assessment of all 4 industry core units of competency, 6 sectorial core units and 3 elective units (These electives will be provided by the College).

Duration

Full-time Full-time 6 Months

Prerequisites:

• Successful completion of Year 12 or equivalent AND;
• International students: English language skills at least equivalent to IELTS 5.5 OR IELTS 5.0 with maximum 20 weeks ELICOS course OR Advanced level at Ozford English Language Centre.

Intakes

2008 VET Intakes
Term 1 18 Feb - 11 Apr 2008	Term 2 28 Apr - 27 Jun 2008	Term3 14 Jul - 19 Sep 2008	Term 4 6 Oct - 28 Nov 2008
X		X*
2009 VET Intakes
Term 1 16 Feb - 10 Apr 2009	Term 2 21 Apr - 26 Ju n2009	Term3 13 Jul - 18 Sep 2009	Term 4 5 Oct - 27 Nov 2009
X		X*
(*Intakes are subject to change due to the enrolment numbers)