FNS40615 Certificate IV in Accounting – by RPL only

Course Description

This qualification reflects accounting job roles in financial services and other industries requiring accounting support functions. Individuals in these roles apply theoretical and specialist knowledge and skills to work autonomously and exercise judgement in completing routine and non-routine activities.

Pathways

After successfully completing this course, students may wish to apply for the FNS50215 Diploma of Accounting.

Course Delivery

•  Recognition of Prior Learning

You can potentially earn an accredited Australian qualification without any further study or examination!

Further your career at home or improve your chance to possibly live and work in Australia with a qualification accredited under the Australian Qualifications Framework (AQF) and recognised worldwide. 

Through our Recognition of Prior Learning (RPL) assessment model, which is an approved mode of assessment under the AQF, you may be entitled to have your current skills, knowledge and previous formal training or education recognised and credited towards one or more of our qualifications.

This means that you could earn a fully accredited Australian qualification without any further study or assessment, based purely on your prior education and/or your work experience.

If you are interested in learning more, contact one of our student advisors on +61283247466 or send us an email at: info@professions.edu.au

Career Opportunities

Graduates may find employment in accounting roles requiring accounting support functions.  Job roles and titles will vary however possible job titles relevant to this qualification include:

•  Accounts Supervisor

•  Finance Sector Supervisor

•  Accounting Support Officer

Course Structure

To obtain this qualification, students must obtain Recognition of Prior Learning for 13 units, 10 core units and 3 elective units.

•  BSBFIA401 Prepare financial reports - core

•  BSBITU306 Design and produce business documents - core

•  FNSACC301 Process financial transactions and extract interim reports - core 

•  FNSACC302 Administer subsidiary accounts and ledgers - core

•  FNSACC402 Prepare operational budgets - core

•  FNSACC404 Prepare financial statements for non-reporting entities - core

•  FNSACC406 Set up and operate a computerised accounting system - core

•  FNSBKG404 *Carry out business activity and instalment activity statement tasks - core*

•  FNSBKG405 *Establish and maintain a payroll system - core*

•  FNSINC401 Apply principles of professional practice to work in the financial services industry - core

•  FNSACC403 Make decisions in a legal context - elective

•  FNSACC405 Maintain inventory records - elective

•  FNSORG506 Prepare financial forecasts and projections - elective

*Units form BAS agent registration Skill Set.

Intakes

Continuous, at any time.

Fees

Course Fees for Recognition of Prior Learning: US$700

How to Apply

You may apply for entry into this course through our website: www.professions.edu.au 

More Information

http://training.gov.au/Training/Details/FNS40615

Send us an at info@professions.edu.au or call us on +61 2 8324 7466

What is RPL? 

RPL is the acknowledgement of your current skills and knowledge acquired through previous training, work or life experience no matter how, when or where the learning has occurred. This learning can be through formal or informal training, work experience (paid or unpaid), or education.

How does RPL work?

The RPL process identifies whether or not you are competent in the relevant competencies covered in the course. You can obtain RPL for an entire qualification.

What qualification can I obtain through RPL?

 You can obtain any one or more of the following qualifications through RPL.

·       FNS40615 Certificate IV in Accounting

·       FNS50215 Diploma of Accounting

·       FNS60215 Advanced Diploma of Accounting

·       BSB51915 Diploma of Leadership and Management

·       BSB61015 Advanced Diploma of Leadership and Management

 Can anyone apply for RPL?

Yes, anyone, regardless of age or nationality, can apply for RPL.  

Who should apply for RPL?

RPL may be particularly suitable for people who:

•  have substantial work experience/skills but do not have formal education or qualifications

•  have formal education or qualifications and seek an accredited Australian qualification

•  want to enhance their careers with an accredited Australian qualification

•  want to apply to possibly live and work in Australia (you should seek professional immigration advice)

What are the main benefits of RPL?

Through RPL, you can potentially obtain an accredited Australian qualification without any further time or study, and at a fraction of studying for the qualification.

Would it be easier just to enroll to study instead?

A successful RPL application will save you significant amount of time and money.  However, if you want to obtain a full qualification, and can only satisfy the RPL requirements for part of the qualification, you will need to enroll to study the remaining units.

How complicated is the RPL process?

It is not complicated.  Our assessors will support and guide you throughout the process including:

•  providing you with information on the RPL process

•  providing help in completing the application form and RPL assessment book

•  explaining the costs involved

•  discussing evidence needed to support your application

 What is the process, in a nutshell?

Subject to your eligibility for RPL being confirmed by an assessor on a preliminary phone call, you will essentially be required to collate and submit evidence that proves your competency. In the majority of instances, this means:

 •  providing information regarding your work skills and experience

•  demonstrating skills and knowledge

•  submitting evidence such as a resume, job description, references, workplace documents, copy certificates, diplomas, degrees, transcripts

 The evidence submitted should demonstrate competence over time and the ability to work to industry standards. 

 Where can I turn to for help and support?

Your assessor is always available to help.

Can I apply with study alone without work experience?

Yes. 

Can I rely on skills alone, without previous study?

Yes.

Can I rely on qualification obtained through RPL to apply to live and work in Australia?

Yes.  Of course, no one can guarantee that you will find work in Australia or be successful in obtaining a permanent residency or other visa after completing any of our qualifications.  In addition to having a recognised qualification, such as the ones we issue, employers and the Australian visa authorities may have other requirements that must be satisfied.  For questions relating to visas, please refer to: www.border.gov.au.  We suggest that you obtain independent immigration/visa advice if you are doing this to possibly live and or work in Australia.

Will ACP’s university partner(s) grant advanced standing/credit for qualifications I obtain through RPL?

Not automatically.  Our university partner(s) will only recognise qualifications that we teach.  You may want to check with the university direct or contact us for more information.

How much does it cost?

Not much at all. Introductory prices are as follows - generally payable upon confirmation that application is successful.

 How long does the process take?

In most instances, the entire process may be completed within 2 weeks of you submitting all required information, but it can take longer if further information or clarification is required. 

Way forward 

Step 1: Please contact us.  Our assessor will let you know whether you are a suitable candidate for RPL.

Step 2: Assuming that you are a suitable candidate, you will be asked to complete an RPL enrolment application form - you will not be required to make any payment unless your application is successful.

Step 3: You will be provided with an RPL Assessment Book.  This book guides you and clearly explains what you are required to provide as evidence in support of your application.  The evidence required would generally include the following but we may ask for further or alternative evidence.

·       Portfolio of evidence

·       Possibly third party reports

·       Possibly demonstration of workplace tasks (where gaps are identified in the evidence, we may ask you to demonstrate a workplace task, to help your application succeed)

Step 4: You will need to collate your portfolio of evidence, third-party reports.  You may be required to arrange for demonstration of workplace tasks over Virtual Classroom. 

Step 5: Our assessor will review all evidence and determine whether competency has been demonstrated in accordance with the requirements of the Standards for Registered Training Organisations 2015.

Step 6: You will be advised by our assessor of the result of your RPL application.

·       If RPL is not granted, you will be advised of options for completing unit/s or qualification.

·       If RPL is granted, you will be granted:

o   the  relevant certificate, diploma or advanced diploma, where RPL is granted for the full qualification; and

o   (a statement of attainment, where RPL is granted for individual units only. 

If you are unclear about anything, please send us an email on: info@professions.edu.au or call us on +61283247466