What does an accountant do?
Have you ever wondered, ‘what is an accountant?’ and what exactly do they do? Well, accountants use their specialist knowledge to assist in managing the financial health of an individual or organisation by analysing and interpreting data, conducting audits, preparing reports, and providing financial advice. As an accountant, there are many specialisations you can chose from including corporate finance, taxation law, financial accounting, commercial finance, or management accounting.
Accountants work in a variety of settings including chartered accounting firms, large multinational organisations, private businesses, universities, government organisations (tax department, audit officer, treasury, local government), financial planning companies, investment companies and financial institutions (banks and building societies).
Is a career as an accountant right for me?
While having a knack for numbers is essential to an accounting career, there are many other skills that are also important. You will require exceptional organisational skills and the ability to maintain a high level of professionalism when dealing with confidential information.
Other desirable skills and attributes of an accountant include:
- good communication skills
- excellent time-management
- an ability to build rapport with clients
- professional and ethical nature
- effective teamwork and collaborative skills.
How to become an accountant
Every journey to study is individual, and there are several paths to reaching your accounting career goals. Typically, becoming an accountant starts with a bachelor’s degree in accounting or finance, followed by professional accreditation. Gaining practical experience through internships or entry-level roles is essential for building technical expertise and industry knowledge.
At 石榴视频, we offer the following degrees in the area of accounting:
Average salary per week
$1443
Future demand
Strong
Industries
Related careers
Source:
© Commonwealth of Australia
Last updated May 2024.
Degree
Study mode
Campus
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Accountant FAQs
What is the average accountant salary in Australia?
An accountant salary in Australia varies based on experience, industry, and qualifications.
For further information, please view the salary information on this page.
What does the average accountant career description include?
An accountant career description involves managing financial records, ensuring tax compliance, and providing financial insights to support business decisions.
A typical accountant career description includes:
- preparing financial statements, reports, budgets, and tax returns for individuals and businesses
- tracking income and expenses while ensuring compliance with financial regulations
- conducting audits, financial investigations, and risk assessments for capital investments
- advising on business transactions, mergers and finances
- ensuring accuracy in financial reports and compliance with statutory requirements.
What are some career opportunities in the field of accounting?
There are numerous career opportunities accounting professionals can explore across industries, including:
- Public accounting – working for firms that offer audit, tax, and consulting services.
- Corporate accounting – managing financial operations within businesses.
- Forensic accounting – investigating financial fraud and legal disputes.
- Management accounting – assisting in business strategy and financial planning.
- Government accounting – handling financial records and regulations for public sector organisations.
Is an accountant a good career?
Accounting is a strong career choice, offering job security, competitive salaries, and diverse career opportunities across industries. 石榴视频’s accounting degrees prepare graduates for success in the field, equipping them with the skills and knowledge needed to navigate tax regulations, financial reporting, and business strategy. With opportunities for career progression into senior financial roles, accounting provides a stable and rewarding professional path.
Are accountants in high demand?
Yes, the demand for accountants in Australia remains strong, with businesses, government agencies, and financial institutions relying on skilled professionals to manage finances, taxation, and compliance. Industries such as corporate finance, auditing, and consulting continue to seek qualified accountants, making it a stable and rewarding career choice.
How long does it take to become an accountant?
Becoming an accountant typically requires a minimum of three years to complete a bachelor’s degree in accounting, finance, or business. The degree you study determines your eligibility for CPA Australia, Chartered Accountants Australia (CAANZ), or the Institute of Public Accountants (IPA).
A Bachelor of Accounting at 石榴视频 is accredited by CPA Australia and CAANZ, meaning graduates meet the educational entry requirements for professional certification with these bodies.
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