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 Homepage

How to Become an Accountant: A Secure Career That Challenges Your Mind

To become an accountant, you need to be analytical, precise and thorough. You’ll also need to possess a robust set of technical accounting skills. To start work as an accountant, you need to complete a qualification like a Bachelor of Accounting or a Bachelor of Business with a Major in Accounting. You also need to register with one of Australia’s three peak accounting bodies. 

Find out about what an accounting career is like, what the job market is like, and how to be in the best position to get an entry-level position.

accountant
  • Overview
  • How to Become
  • Pathways
  • Qualifications

Accountant job description

info Where we source our data

Let’s get real. Job information online can often be overly optimistic — conveniently glossing over the raw bits. But when you’re making decisions about your future, you need all the facts.

That’s why we anonymously surveyed accountants about their job, with hopes of getting an honest insight into what it’s really like.

While we did our best to ensure respondents were Australians and verified their job titles with proof of employment, we can’t guarantee complete accuracy — or that your experiences in the field will reflect theirs. So, we suggest that you take these insights as a guide only and try to talk to people in the field before making an important decision.

Use your analytical and organisational skills and finely honed accounting abilities to help your clients focus on their business while you take care of their finances. Accountants in Australia provide a complete financial service to businesses of all sizes. This service can include many tasks, from making sure financial records are up-to-date to analysing financial reports and preparing tax returns. Accountants also provide complex and accurate financial strategic advice.

Tasks and responsibilities for an accountant

Generally, accountants work regular office hours but may be expected to work more during busy times, like the end of the financial year. They may work in large or small organisations, for individual clients or in the public sector. 

So, what do accountants do?

Tasks vary depending on the business and their requirements, but generally, an accountant’s duties include:

  • Ensuring a company is complying with laws and regulations
  • Maintaining accounting systems
  • Preparing financial statements and reports
  • Strategising and advising on how to cut business costs
  • Monitoring budgets and spending
  • Analysing and auditing finance performance
  • Preparing tax returns
  • Managing investment projects

How to become an accountant

Whether you want to gain a full bachelor's degree straight away or look at alternative routes to the industry, there are steps you can take to ensure you are in the best starting position for your path to becoming an accountant.
  1. Study for a bachelor's degree

    The most common pathway to becoming an accountant is completing a Bachelor of Accounting. With various optional majors, minors and elective units available in this degree, you can tailor a degree to support your career objectives.

  2. Further study

    If you already have a tertiary degree qualification and meet the eligibility requirements, you could complete a postgraduate Master of Professional Accounting. 

  3. Study short courses

    If you are not quite ready to study for a bachelor’s degree, you could consider completing a VET accounting course as an accountant pathway. These shorter courses can provide you with the skills and knowledge you need to get your foot in the door and work in a support-level position at an accounting company. You can then qualify for your degree at a later date. 

  4. Apply for registration as a certified practising accountant

    Accountants must register at a governing professional accounting body such as Chartered Accountants Australia and New Zealand, the Institute of Public Accountants (IPA) or CPA Australia (CPA).

Pathway options

info
Job pathways are drawn from the Australian Apprenticeships Pathways site.

Careers within the financial industry can take many forms. Starting an entry-level role as an accountant can lead you to senior accountant roles. It might also spark your interest in specific financial areas that, on their own, can be full-time careers.

Some pathway options could be:

Junior

  • Accounts assistant

    Most common qualification: Diploma of Accounting (FNS50217)

  • Payroll clerk

    Most common qualification: Certificate IV in Business (BSB40120)

Mid

  • Accounts administrator

    Most common qualification: Certificate III in Accounts Administration (FNS30317)

  • Bookkeeper

    Most common qualification: Certificate IV in Accounting and Bookkeeping (FNS40217)

  • Payroll officer

    Most common qualification: Certificate IV in Business (BSB40120)

Senior

  • Accountant

    Most common qualification: Bachelor of Accounting

  • Accounting manager

    Most common qualification: Advanced Diploma of Accounting (FNS60217)

  • Auditor

    Most common qualification: Bachelor of Accounting

  • Chief financial officer (CFO)

    Most common qualification: Master of Business Administration (MBA)

  • Tax accountant

    Most common qualification: Bachelor of Accounting

Explore related qualifications

To work as an accountant, you must have the correct accounting qualifications. Studying accountancy allows you to gain the skills and confidence to start your new career in the best position. 

So, what qualifications do you need to be an accountant?

Bachelor of Accounting

A Bachelor of Accounting is the most popular accountants qualification and provides learners with the opportunity to develop accounting, finance, economics, management, taxation, and data analysis skills. It teaches a comprehensive understanding of all aspects of accounting and finance.  

 

An accounting degree takes three years, full-time or part-time equivalent, to complete. This course can be studied entirely online, in-class or a combination of the two. 

Read More

Bachelor of Business

A Bachelor of Business with an Accounting major provides fundamental skills and knowledge in business finances and accounting, including business systems, accounting systems, company accounting and economics. 

 

The duration of this course is three years full-time or equivalent part-time. This course can be delivered in in-class and digital learning methods. 

Read More

Certificate IV in Accounting

Study method Online

This course offers a comprehensive overview of accounting and bookkeeping and is a great pathway to accounting if you decide to study further later.

 

The average duration for this course is one year, can be studied full or part-time and is available for online and in-class learning.

 

This course is eligible for JobTrainer funding which may cover all or part of the course fees for learners that meet the requirements. 

 

*Those who wish to provide paid BAS services must be registered by the Tax Practitioners Board. This qualification meets the TPB education requirements for registration. Registration also requires mandatory work experience under a licenced BAS agent. If you want to become a registered BAS agent, check current registration requirements with the TPB as they are reviewed regularly.

Read More

5 providers offer this course

Open Colleges
Swinburne Open Education
AIM Qualifications
MCI Institute
Monarch Institute

Diploma of Accounting

Study method Online

This qualification provided learners with skills in financial services such as accounts receivable, accounts payable, tax services and many other services offered by accountants. This course can be used as a career pathway into accounting if further qualifications are completed. 

 

The average duration of this accountant training course is one year and can be completed full-time or part-time in either a classroom setting or online in a self-paced method. 

 

This course is eligible for JobTrainer funding which may cover all or part of the course fees for learners that meet the requirements. 

 

*This qualification is an approved Tax Practitioner Board course which can lead to registration as a tax agent. Learners who wish to register with the TPB also need to complete a work experience requirement and should check current registration rules as registration requirements are reviewed regularly.

 

Read More

1 providers offer this course

Monarch Institute

Related subjects

Many jobs in the financial industry can offer excellent career potential. No matter what job you decide is right for you, the financial sector will always need newcomers to these integral roles.

Some other subjects that might interest you:

Accounting
Accounting
Bookkeeping
Bookkeeping
Business Administration
Business Administration
Management
Management
Payroll
Payroll

Related articles

If a career as an accountant sounds right for you, there are plenty of articles, how-to guides and real-life examples from people in specific industries. You can start learning more about a career in accounting here:

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Reviews

info How we collect reviews

Reviews are from Australian workers with this job title or a very closely related one.

Is this your job title?

Share your thoughts and help people decide if this job is right for them.

Leave a Review

  • All
  • Positive
  • Negative
Vera
Nov 08 2021

A love of numbers and problem solving are key.

What are the best parts of the job?

Working in a team. Using my love of numbers and problem solving to get to the end result. Seeing a project through from start to end. The satisfaction of my reports being used in the decision making of the business.

Read More

What's the most challenging part?

Fast paced. Deadlines. When reports are required they are required yesterday. You need to be well organised and keep up to date with reports so that when someone requires them are always ready.

Read More
Qualification Bachelor’s degree
Experience 10+
Organisation size 200+ employees
Specialisation Management accounting
Roland
Nov 08 2021

A challenging, yet gratifying career.

What are the best parts of the job?

Assisting clients with queries regarding their superannuation fund, as well as solving issues or problems they have. Also assisting them increase their net wealth.

Read More

What's the most challenging part?

Being proactive and trying to help clients help themselves. Being ignored by clients when you are just trying to do your job. Dealing with technology change and constant change in superannuation regulations.

Read More
Qualification Bachelor’s degree
Experience 10+
Organisation size 5-19 employees
Specialisation Self-managed superannuation
Callum
Nov 09 2021

Deadline management is a must.

What are the best parts of the job?

Interaction with customers and mastering processes.

Read More

What's the most challenging part?

Having to deal with tight deadlines.

Read More
Qualification Bachelor’s degree
Experience 3-5
Organisation size 5-19 employees
Eve
Nov 08 2021

Accounting is a stimulating career (despite what some might think!).

What are the best parts of the job?

A stimulating role perfect for those that love numbers.

Read More

What's the most challenging part?

Clients can sometimes be difficult to manage.

Read More
Qualification Bachelor’s degree
Experience 10+
Organisation size 0-4 employees
Will
Nov 09 2021

A job that keeps you on your toes, but you achieve something each day.

What are the best parts of the job?

As an accountant, you have a large responsibility to get all your numbers correct.

Read More

What's the most challenging part?

When you have clients with a multi-million business, and getting everything perfect with their payrolls and expenses.

Read More
Qualification Masters degree
Experience 10+
Organisation size 20-199 employees
Specialisation Accountant and bookkeeping
Amelia
Nov 09 2021

Great for those that enjoy problem solving.

What are the best parts of the job?

Finding the right solution to the problem.

Read More

What's the most challenging part?

Meeting deadlines around the financial times of the year.

Read More
Qualification Advanced diploma
Experience 5-10
Organisation size 200+ employees
Specialisation Tax audit
Madeleine
Nov 08 2021

If you have great attention to detail, accounting is the perfect role.

What are the best parts of the job?

The best parts of the job is that you get to see the inner workings of businesses and how they operate, meet clients, and problem solve with a team to create the most efficient scenarios for clients.

Read More

What's the most challenging part?

The most challenging part of the job is working with an unusual business or client as the accounting can be quite convoluted and impede on many different laws and regulations that are not typically seen by the majority of clients.

Read More
Qualification Bachelor’s degree
Experience 5-10
Organisation size 20-199 employees
Specialisation Financial accounting
Hayden
Nov 08 2021

A steady job that helps businesses and clients succeed.

What are the best parts of the job?

When all processes running smoothly without errors or problems — this makes completing everything on time much easier and the job very smooth sailing.

Read More

What's the most challenging part?

Completing the tasks before their deadlines.

Read More
Qualification Bachelor’s degree
Experience 10+
Organisation size 200+ employees
Specialisation Corporate accounting
Jade
Nov 04 2021

Accounting is a secure profession that promotes good work-life balance.

What are the best parts of the job?

A numbers-focused role that promotes work-life balance. I like the variety of work I'm exposed to and helping people out with their financial issues.

Read More

What's the most challenging part?

There is always pressure to avoid making any mistakes as you are responsible for someone's finances. But as you gain experience, you learn how to manage these pressures and conduct checks to ensure your work is error free.

Read More
Qualification Bachelor’s degree
Experience 3-5
Organisation size 5-19 employees
Specialisation Accounting
Stephanie
Nov 04 2021

A daily routine job that will always be needed.

What are the best parts of the job?

Seeing results at the end of a project/job.

Read More

What's the most challenging part?

Meeting deadlines.

Read More
Qualification Masters degree
Experience 10+
Organisation size 20-199 employees
Specialisation Cost accounting and risk management
Lilly
Nov 04 2021

Perfect for those that love process.

What are the best parts of the job?

Getting all processes working efficiently and effectively and getting them completed on time.

Read More

What's the most challenging part?

Chasing deadlines and having all data on hand, influencing other colleagues to do things our way.

Read More
Qualification Bachelor’s degree
Experience 5-10
Organisation size 200+ employees
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