Want to become an Accredited Bookkeeper and a BAS Agent?

Look no further — you've come to the right place!

This accredited course has been designed by Bookkeepers for Bookkeepers.

Take a class — or study at home. It's your choice.

"Explains courses in details, duration, fees, current legislation, FAQ’S. Very professional and prompt, Informative study guides, methodical, well structured. I found I frequently referred to the AMBG textbook which is extremely informative and am currently using in my current employment." Karen

FNS40207 Certificate IV in Financial Services (Bookkeeping)

A total 360 pathway

STOP PRESS: In addition to our training center at Mt Gravatt in South Brisbane, BIA Training now has a campus in North Brisbane - at 292 Anzac Avenue, Kippa Ring - if you wish to take the Certificate IV course in the classroom. Click here to view the timetable.

This nationally accredited qualification has been developed for Bookkeepers by Bookkeepers. The Bookkeeping Institute of Australia (BIA) has written the first ever training course for this qualification and was the first training institute in Australia to deliver the qualification in October 2007. It has already been has been proven in the field with over 700 students undertaking the BIA Certificate courses.

The Bookkeeping Institute of Australia is the only Registered Training Organisation in Australia providing a total 360 pathway for new bookkeepers to becoming BAS Agents under the new law - which will receive Royal Assent in January 2010. Under the new regulatory regime for the registration of BAS agents, which will commence on 1 March 2010, bookkeepers must be registered in order to provide BAS agent services for a fee or to "engage in other conduct connected with providing such services." However in order to register, a bookkeeper must hold a Certificate IV in Financial Services (Bookkeeping), or higher, and have undertaken at least 1,400 hours of relevant experience in the past 3 years. The Bookkeeping Institute of Australia will not only enable you to obtain the nationally recognised Certificate IV in Financial Services (Bookkeeping) but through our partnership with tax agent ABN BAS you will also be able to provide BAS agent services for a fee while gaining your 1,400 hours for registration as a BAS Agent in your own right. Don't be fooled by other uninformed training organisations into thinking that all you need is a Cert IV or that experience working as an employee will count against the 1,400 hours. The only experience that will count are BAS services performed under the "supervision and control of a tax agent registered under the Act or a BAS agent registered under the Act." ABN BAS qualify as such an agent and your experience will count. The Bookkeeping Institute of Australia is also the only training provider to offer you the choice of taking our total 360 pathway Certificate IV in Financial Services (Bookkeeping) or our more comprehensive BI-580 Start Your Own Bookkeeping Business Program which is designed to help bookkeepers wanting to start their own BAS and Bookkeeping business.

Our total 360 pathway Certificate IV in Financial Services (Bookkeeping) course is for people who wish to have a career as an employed bookkeeper or as professional contract bookkeeper, either working as a BAS Agent or contracted to a BAS Agent.

Exclusive to BIA

This is the only Cert IV Bookkeeping course available in Australia which awards you, the graduate, with:

• The exclusive right to use the post-nominal letters MBIA - which stands for Member, Bookkeeping Institute of Australia - after your name

• The right to call yourself an Accredited Bookkeeper and to use the post-nominal letters AB after your name and to use the "BIA Accredited Bookkeeper" logo on your letterhead and business cards

• Free membership of the Bookkeeping Institute of Australia which includes use the BIA Member logo on your business cards and stationary and access to the student members web site

• Your name and business details will be promoted on an exclusive page of the BIA web site

Full Course Fee $4,495

Less up-front payment Discount of $500 = $3,995 classroom course fee

OR . . . less up-front payment Discount of $500 . . . 

And . . . less distance Learning discount of $500 = $3,495 distance course fee

Next Distance Intake: Anytime

Pay Monthly:

Choose this option if you would like to pay over 5 months

You pay only $1798 deposit and then $674.25 per month over the next 4 months for the classroom course*

or pay only $1598 deposit and then $599.25 per month over the next 4 months for the distance course*

*Option only available for Visa or Mastercard credit card payments • Call for full details

Course Details:        

BI-575: total 360 pathway FNS40207 BIA Certificate IV in Financial Services (Bookkeeping)

This is a 16 day course which includes comprehensive bookkeeping training using MYOB and the FNS40207 BIA Certificate IV in Financial Services (Bookkeeping) which is an Australia wide accredited qualification.

Competence is demonstrated by both multiple choice & short answer theory questions and the successful completion of an open book assessment designed to test the students ability to complete a set of monthly and quarterly accounts, including bank reconciliations.

Check out the Cert IV Timetables tab for date and location of the next Classroom Intake

The Units

The Bookkeeping Institute of Australia have carefully chosen the units in this unique qualification to ensure that our graduates are competent to be employed in a bookkeeping and clerical accounting role.

Included in the delivery of this qualification is our all of the modules in our 4 day BI-640 MYOB Accounting Plus with Payroll, GST & BAS and our 2 day BI-560 Introduction to Bookkeeping and Accounting courses.

The Assessments

The assessments are designed to prove competency in the following nationally recgognised accredited units:

GROUP ONE – WORKPLACE BASICS

• FNSICGEN304B - Apply health and safety practices in the workplace

• FNSICGEN302B - Use technology in the workplace

GROUP TWO — PARTS ONE & TWO – ESTABLISH AND MAINTAIN A BOOKKEEPING SYSTEM

• FNSICGEN301B - Communicate in the workplace

• FNSBKPG402A - Establish and maintain a Cash Accounting System

• FNSBKPG403A - Establish and maintain an Accrual Accounting System

• FNSACCT407B - Set up and operate a computerised Accounting System

• FNSACCT405B - Prepare financial statements (for non-corporate entities)

• FNSBKPG405A - Establish and maintain a payroll system

GROUP THREE — PART ONE – BOOKKEEPING POLICIES AND PRACTICES

• FNSICIND401B - Apply principles of professional practice to work in the financial services industry

• FNSBKPG401A - Develop and implement policies and practices relevant to bookkeeping activities

GROUP THREE — PART TWO – MAINTAIN ASSET AND INVENTORY RECORDS

• FNSACCT406B - Maintain asset and inventory records

• BSBFIA401A - Prepare financial reports

GROUP THREE — PART THREE – ACTIVITY STATEMENTS

• FNSBKPG404A - Carry out Business Activity and Instalment Activity Statement tasks

The Bookkeeping Institute of Australia is a Registered Training Organisation (RTO), national provider code is 32190, registered under the Australian Quality Training Framework (AQTF). The "Nationally Recognised Training" logo above is proof that all of the units on this course are nationally recognised as accredited training.

The Groups

GROUP ONE – WORKPLACE BASICS covers 2 of the industry core subjects, FNSICGEN304B - Apply health and safety practices in the workplace and FNSICGEN302B - Use technology in the workplace which are mandatory subjects for all Financial Services qualifications at any level.

The 7 units in GROUP TWO – ESTABLISH AND MAINTAIN A BOOKKEEPING SYSTEM are assessed as a single group cluster thus enabling us to teach all of the units in as a single subject. Consequently we do not have to duplicate any of our training or assessments thus dramatically reducing the teaching time in comparison with a TAFE college which teaches one unit at a time.

The 2 units in GROUP THREE — PART ONE – BOOKKEEPING POLICIES AND PRACTICES and the 2 units in GROUP THREE — PART TWO – MAINTAIN ASSET AND INVENTORY RECORDS & ACTIVITY STATEMENTS are also assessed as single group clusters.

In the past introductory accounting concepts and principles have been taught using a manual accounting system approach. The Bookkeeping Institute of Australia has adopted the view that it is more important for students to learn to operate a computer accounting system such as MYOB to perform these activities. Consequently in addition to 12 days of lectures, students will receive 4 days of extensive self-paced training in MYOB before starting on the assessments.

The Activities

The 16 day FNS40207 Certificate IV in Financial Services �(Bookkeeping) comprises of the following BIA lectures & courses:

Group One – WORKPLACE BASICS

Day 1: Lecture #1 . . . Welcome & Induction

Including a workshop on Apply health and safety practices in the workplace

Day 2: Assessments

Group Two – ESTABLISH AND MAINTAIN A BOOKKEEPING SYSTEM

Days 3 & 4: Self paced training . . . BI-620 Ready to go with MYOB

On this course you will learn how to create a new company file in MYOB; deal with more complex invoicing matters; enter customer and supplier details into MYOB's card file; export MYOB data to Microsoft Excel 2003; make purchases from suppliers; make sales to customers; modify a chart of accounts to suit specific business needs; pay for purchases that have been made from suppliers; perform a bank reconciliation; perform end of month operations in MYOB; produce a variety of business related reports; record customer payments; set up a petty cash operation in MYOB; setup inventory for a new company file; track and monitor your credit cards; verify, backup, & restore MYOB data files & write cheques to make payments

Days 5 & 6: Lecture #2 . . . G2 Part 1: Introduction to Bookkeeping & Accounting

This is the foundation lecture for the course and covers the History of Bookkeeping; Accounting Concepts and Principles; Business Organisations; Accounting Entities; Business Types; The Trading Cycle; Accounting Periods; Balance Date; Source Documents; Groups of Accounts; The Accounting Equation; Net Profit; The Rules of Debits & Credits; Double Entry Bookkeeping; Accounting Systems; Chart of Accounts; Accrual and Cash Accounting; GST; The Profit & Loss Statement & The Balance Sheet and The Flow of Information 

Day 7-8: Lecture #3 . . . G2 Part 2: Setting-up and Maintaining a Bookkeeping System

Incorporating the Business Framework; Accounting Framework; Chart of Accounts review; Capital structure; Trading Stock; Accounts Receivable; Accounts Payable; The Cashbook; Inventory; Payroll & Completing the Accounting Cycle

Day 9: Self paced training . . . BI-612 MYOB Accounting Plus - Payroll

On this course you will learn how to setup MYOB Accounting Plus for payroll; add employee payroll details in MYOB; conduct a pay run; create and track employee entitlements; pay employees electronically; display payroll information and generate reports; finalise the end of a pay year

Days 10: Self paced training . . . BI-614 MYOB Accounting for GST/BAS

On this course you will learn how to use the MYOB Banking command centre; reconcile bank accounts; understand file management and error correction; understand Cash and Accrual accounting methods;  use advanced sales and purchases features & understand GST & BAS in depth

Group Three - BOOKKEEPING POLICIES AND PRACTICES

Days 11 & 12: Lecture & Workshop #4 . . . G3 Part 1: Bookkeeping Policies and Practices

Incorporating The Bookkeeping Industry; Section 251L of the Income Tax Assessment Act; The Impact of Legislation on the Bookkeeping Industry; Australia's Financial Regulatory Framework; Professional Associations & Ethics & Professional Codes of Conduct

Days 13 & 14: Lecture & Workshop #5 . . . G3 Part 2: End-of-Period Financial Reports

Incorporating Setting up an asset register; Complying with organisational asset acquisition procedures; Reconciling asset register and inventory records to the general ledger; Recording inventory flows; Recognising new assets and asset categories; Preparing schedules and ad hoc reports; Recording the disposal of fixed assets; Recording general journal entries for balance day adjustments; Preparing final general ledger accounts & end-of-period financial reports

Days 15 & 16: Lecture & Workshop #6 . . . G3 Part 3: Activity Statements 

Incorporating Researching and documenting Statutory, legislative and regulatory requirements relating to Activity Statements; Identifying Lodgment schedule requirements; Recognising GST implications and coding transactions; Reporting on payroll and other amounts withheld, pay as you go (PAYG) installments and taxes & Completing, reconciling and lodging the Activity Statement

More Details

Our two day Introduction to Bookkeeping and Accounting course covers the principles and theory of accounting, including the Accounting Equation, Double Entry Bookkeeping, the Chart of Accounts, Assets, Liabilities, Owners Equity, Revenue and Expenses. There will be a series of lectures together with class exercises to reinforce the subjects covered. We have been running this unique course for over 5 years now and have received considerable praise from our students.

The accounting text book provided (all text books are included in the cost of the course) is specifically written for bookkeepers.

Our 4 day MYOB Accounting Plus, Payroll, GST & BAS course is a comprehensive MYOB course. It covers most of the aspects of MYOB Accounting Plus, including Payroll, GST & BAS, and combines the efforts of two different authors thereby ensuring students are exposed to a wide range of MYOB functions.

The two day Setting-up and Maintaining a Bookkeeping System and the two day Working in the Bookkeeping Industry & End-of-period Financial Reports courses bring together the theory and practice of bookkeeping in today's computer based world and prepares the student for the assessment tests - which are in themselves part of the learning experience.

The two day Bookkeeping Policies and Practices course brings together the application of principles of professional practice in the financial services industry (such as tax agents and professional accountants) with the development and implement of policies and practices relevant to bookkeeping activities.

The course finishes with the two day  Maintain Asset and Inventory records & Activity Statements and covers Preparation of financial reports and completing Business Activity (BAS) and Instalment Activity (IAS) Statement tasks using a scenario case study and Policy & Procedures Manual.

For the practical assessment tests we have created a scenario case study and have written a 38 page Policy & Procedures Manual which the student will be required to refer to for specific instructions on how that particular business operates. The purpose of this scenario and manual is, as far as possible, to simulate an actual workplace experience in the classroom.

Students will be required to first set up a company file, chart of accounts, opening balances, customers, suppliers, inventory items, tax codes and payroll records for this entity in a computerised accounting system and then to enter an entire month’s transactions comprising of creditors invoices and payments of suppliers, sales invoices, adjustment notes and banking, petty cash, credit card and direct debit transactions, reconciliations of bank accounts and subsidiary ledgers and payroll transactions. End of period reporting, bad debt and end of year processes will complete the assessment.

All of the processing of accounting transactions will be conducted using MYOB. Accounting principles and concepts including accounting entities, chart of accounts, the accounting equation & double entry bookkeeping will be covered and assessed. We will not be teaching manual accounting procedures as we believe that the introduction of GST and the requirement to report transactions on the Business Activity Statement (BAS) on a cash basis, as well as an accrual basis, have rendered manual accounting almost redundant and it is far more important that students have an extensive knowledge of computerised accounting systems, such as MYOB and QuickBooks.

As a consequence our students will be competent in MYOB as well as in basic bookkeeping and accounting principles.

Course Materials

The following learning materials are included in the course fee: