Dual BSB40320 - Certificate IV in Entrepreneurship and New Business & FNS40217 - Certificate IV in Accounting and Bookkeeping

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The nationally recognised Dual BSB40320 - Certificate IV in Entrepreneurship and New Business and FNS40217 – Certificate IV in Accounting and Bookkeeping course delivered by Mentor Education provides students a comprehensive qualification covering a range of entrepreneurial, accounting and business disciplines.

Designed for individuals looking at kick-starting their own business,those currently running their own small business or those establishing a new venture as part of a larger organisation, this qualification offers individuals both the opportunity to gain valuable insights into core business disciplines associated with common business management activities alongside core accounting and bookkeeping skills from bookkeeping fundamentals to financial reports preparation.

The dual Accounting, Bookkeeping, Entrepreneurship and New Business qualification includes units of study covering topics such as:

  • Business planning and concept development
  • Business opportunity review
  • Marketing of new business ventures
  • Cloud computing
  • Accounting and bookkeeping fundamentals and Financial reporting
  • Business activity and instalment (BAS) activity statements and payroll management

Recognised and accredited by the Institute of Certified Bookkeepers (ICB), the FNS40217 - Certificate IV in Accounting and Bookkeeping alongside additional assessment requirements as outlined by the Tax Practitioners Board (TPB) meet requirements for a course in basic GST/BAS taxation principles that is approved by the TPB*.


Upon successful completion of this course, you will be awarded the nationally recognised Dual BSB40320 - Certificate IV in Entrepreneurship and New Business and FNS40217 – Certificate IV in Accounting and Bookkeeping qualification.

Relevant Occupations

Small Business Manager (Franchise), Consultancy Small Business Manager, Franchisee, Manager (New venture in existing business), Owner Operator, Accounts Officer, Accounts Supervisor, Bookkeeper.

Entry requirements

There are no prerequisites for this qualification.

We also recommend that students undertaking this course:

  • Are over 18 years of age at the time of commencement
  • have successfully completed a year 12 certificate or equivalent
  • Have a strong grasp of computer/technical skills
  • Microsoft Office (or freeware equivalent) installed on their computer
  • Access to a reliable high-quality internet connection
  • Adequate literacy/numeracy skills

Who Should Enrol?

This qualification has been designed to accommodate both individuals with no formal training qualifications and those seeking an entry point for transition into further education. The program caters to both:

  • individuals establishing or operating a business providing self-employment, as well as;
  • those establishing a new venture as part of a larger organisation.

This dual qualification also reflects the job roles of individuals working the accounting industry, including BAS Agents and contract bookkeepers; and of those employees performing bookkeeping tasks for organisations in a range of industries.

Institute of Certified Bookkeepers (ICB) and/or the Institute of Public Accountants (IPA) student membership.

Course Outline

Course duration: 24 months.

Units of Study 18

Core units

  • Research and develop business plans
  • Establish legal and risk management requirements of new business ventures
  • Plan finances for new business ventures
  • Market new business ventures
  • Report on Financial Activity
  • Introduce cloud computing into business operations
  • Process financial transactions and extract interim reports
  • Administer subsidiary accounts and ledgers
  • Work effectively in the accounting and bookkeeping industry
  • Set up and operate a computerised accounting system
  • Complete business activity and instalment activity statements
  • Establish and maintain payroll systems

Elective Units

  • Investigate business opportunities
  • Develop and present business proposals
  • Perform financial calculations
  • Originate and develop concepts
  • Develop a social media strategy
  • Develop and use emotional intelligence


Assessments will vary amongst individual units and may include:

  • Short Answer Questions
  • Long Answer Questions
  • Multiple Choice Questions
  • Case Study and Scenario’s
  • Projects
  • Presentations
  • Research Tasks
  • White Paper
  • Business Use Case
Activities that form part of the self-directed study and learning include:
  • Set reading (textbook/workbook)
  • Instructed research
  • Self-directed research
  • Virtual tutorials and webinars
  • Forums

Learning Experience

Throughout their study time with Mentor Education, each student is supported by a fully resourced student support team trained in managing the needs of today’s students.

Whilst completing their qualification, students are entitled to unlimited e-mail and phone support by our experienced student support team between Monday to Friday, 9am – 5pm, so they are never left to feel ‘lost’ or stuck during their studies.

Learning Materials

Mentor Education has developed this qualification with student needs central to its structure. The learning materials offered in this course are designed to give students exposure to what they would actually do in the workplace and includes textbooks, learner guides, study guides, PowerPoint presentations and optional live online classroom-based tutorials.

Virtual Classroom Experience

The best thing about completing your qualification with Mentor is just how effectively and easily it makes study fit in with your current lifestyle. What’s more with the online learning management system and virtual classrooms you can interact with your cohort and study just about anywhere you can find an internet connection.

Flexibility and Delivery

In addition to the accessible and easy to understand self-directed learning materials, the course gives students additional options on how to best engage with their study commitments.

Upfront payment

Full upfront course fee payments can be made for this course, with regular special discount offers available for upfront payments.

Payment Plans

Payment plans are available for this course. All payment plans require an upfront payment of a percentage of the course plus regular scheduled payments. If information in relation to a payment plan is not listed with a specific course, please call 1300 306 146 during business hours and speak to an Education Adviser to find out more about payment plan options. Unless stated, payment plans are not available with Partial Scholarships or on any discounted courses.

Flexible Delivery Options: Nationwide

Mentor specialises in providing professional education and training services to you anywhere, any-time. We appreciate that learning needs differ for each individual and organisation, which is why we allow you to select the approach that works best for you.


Your Study Options:


Mentor Education Pty Ltd (RTO 21683) is a registered training organisation delivering vocational education and training across all states of Australia and globally.

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The course was extremely comprehensive.
The course was extremely comprehensive and I was very impressed with the customer service throughout. Finalising a phone call with the trainer as well as after the course was over made me feel as though the team at Mentor really cares about their students.

I love being part of Mentor Education.
– Kristy T.
testimonials five star review

Happy graduate !
I have just completed Cert IV in Accounting and Bookkeeping. Totally online and in my own time. It was a great experience and I am very happy to recommend Mentor for online learning.
–Wendy B.
testimonials five star review

The best staff and the best assessors I…
The best staff and the best assessors I have dealt with. Very helpful and so understanding. They live and breathe assistance. Appreciate their assistance throughout the whole course. More specifically, thank you to Miler for always taking his time out to assist me when I needed it. Thank you
testimonials five star review

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