Accountants and other financial staff play an essential role in businesses and organisations of all types. This means that they can find employment in all sorts of industries and in many different areas, from general accounting roles to auditing, business consultancy, investment analysis, foreign exchange and taxation. Accountants are employed in a range of workplaces, from government departments to large accounting firms and private organisations in all industry sectors. They may also work in private practice (on their own or with a group of accountants), providing services to businesses and individuals.
Graduates of VET courses in accounting generally find work in paraprofessional roles that support professional accountants, including jobs such as bookkeeper, payroll clerk or accounts officer. Graduates of bachelor degrees usually become professional accountants but may also work in associated roles, depending on their interests and preferred area of work.
Graduates of undergraduate and postgraduate degrees in accounting may be eligible to undertake a Professional Year Program (PYP), which are accredited by Australia’s professional accounting bodies: CPA Australia, Chartered Accountants Australia and New Zealand and the Institute of Public Accountants (IPA). The Skilled Migration Internship Program — Accounting (SMIPA) provides a minimum of 44 weeks of training and includes a 12-week internship with a host company. Graduates who successfully complete a PYP can increase their chances of gaining permanent residency in Australia.