your career path

ACCOUNTING

Accounting and finance professionals provide the very foundation which a business is built upon. They bring the commercial know-how, analytical thinking and leadership qualities that add great value to any organisation. After all, they are the ones who have spent the time to become proficient in the language of business.

WHY ACCOUNTING?

01. Highly Regarded

Accounting remains as one of the most highly regarded careers in the business world. People enjoy accounting careers as they bring opportunities for career progression, stability, and not to mention – very high salaries!

02. Multiple Industries

Accountants are found across all industries, including fashion, real estate, construction, technology, government organisations, charities, as well as working for major clients in the Big 4 (KPMG, PwC, Deloitte or Ernst & Young) or public practice firms.

03. High Demand

The best part? Accounting jobs are continuously in high demand, so you’d be hard-pressed to find yourself out of work. Even during economic slumps, demand for accountants in Australia and around the world remains high for the extensive specialist skills they can bring to a company.

158K

Working accountants in Australia

10,787

Accounting jobs on SEEK (May 2015)

13.5%

Accounting job growth (5 years)

AN ACCOUNTANT’S ROLE

An accountant’s role would include a variety of the following tasks but is not limited to:

  • Analysing the revenue and expenditure of a business.
  • Conducting financial investigations and audits, and preparing reports.
  • Reporting to managers, directors or shareholders about the financial health of a business.
  • Providing advice to businesses on taxation, mergers, purchases, insolvency and financing.
  • Developing budget and accounting policies.
  • Liaising with external auditors.
  • Preparing profit and loss statements, monthly closing and cost accounting reports.
  • Resolving accounting discrepancies

CAREER PATHS

Those who study accounting enjoy a variety of career paths including:

  • Tax Accountant
  • Financial Accountant
  • Management Accountant
  • Forensic Accountant
  • Auditor
  • Finance Manager
  • Investment Analyst
  • Cost Accountant

GRADUATE SALARY RANGES

$39,300 – $52,000

Accountant

$36,000 – $45,000

Accounting Clerk

$41,000 – $48,900

Internal Auditor

RELEVANT ACCOUNTING COURSES

WHAT YOU’LL NEED

Due to the specialist nature of the skilled work that accountants are involved in, you will need formal education to have a chance of getting hired as an accountant in Australia. A hands-on, accredited degree will set you apart in this competitive industry.

  • Postgraduate accounting qualification and work experience – the two key professional accounting designations in Australia are Chartered Accountant (CA) and Certified Practicing Accountant (CPA)
  • Both accounting bodies provide useful information about how to become qualified, the work opportunities available and how to get started.