Tuesday 26 June 2012

Australian Chartered Accountants

Australian Chartered Accountants

A Chartered Accountant has completed one of the most thorough educational training qualifications on offer their in-depth knowledge and experience sets them apart.
Chartered Accountants have:
·         Highly developed communication and technical skills
·         Dedication to completing work to a high standard
·         Commitment to self improvement and development
·         Ambition to achieve the best for their clients.
The Chartered Accounting qualification equips Chartered Accountants with the perfect blend of learned principles and practical application. On completion, Australian Chartered Accountants are already at an advantage against other accounting qualifications.
As a Chartered Accountant (and as part of the Global Accounting Alliance), Chartered Accountants can work anywhere in the world in whatever industry they choose.
Accountant is one of the most demanded migrations occupations in Australia. But being one is not enough for you to qualify the eligibility criteria set for the entry to Australia.

Basic Facets:

·  The basic entry requirement is a Bachelor or Higher qualification from an accredited Australian Institution (if you are an Australian). In addition, you would be required to submit an Assessment application (if you have a degree from outside Australia)
·  The mandatory requirements may vary from one case-study to another. For instance, some are required to submit the relevant experience in addition to fulfilling other requirements.
·  Completed graduate-study course for Australian Chartered Accountants
·  Your profession should be in accordance with the Australian Skills Classified Occupation (ASCO)
·  Registration’ forms a critical aspect here.
·  Titles include Financial Analyst, Taxation Agent, Chief Accountant, Credit Manager, Divisional Finance Manager, Treasurer (except Government), Financial Analyst, Insolvency Practitioner, External auditor and Finance manager, Chartered accountants, to name a few.
·   You must have the money to pay your exam fee

Tasks Include:

·   An Accountant is required to plan and provide services linked with the financial dealings of the company and individuals associated with it.
·   He advises on the record-keeping requirements and compliances.
·   Provide assistance in the formation of various policies linked with Budget and accounting   aspects.
·   Prepares financial statements, conducts financial investigations (when and where required), and prepares reports
·   Provides assistance in matters linked with financial issues like taxation, mergers, sale and purchase of business, to name a few
·   Takes care of all the expenses and expenditure while maintaining accuracy of the information at the same time
·   Liaises with bankers and brokers
·   Provides assistance in cash-flow, assets and liabilities of the company

For Native Australians:


·   Get the required Bachelor’s or Master’s degree in Accounting from an accredited Australian Institution.
·   Pass a Tertiary course (it may take a few years)
·   Know about the examinations and other prospects from a “Certified Practicing Accountant.”
·   It would be beneficial to join a membership in any organization/s of Australian Accountants. One of them is Institute of Chartered Accountants in Australia for those who want to pursue their career in Australian Chartered Accountancy. These are certain rules that are required to be maintained in order to keep the membership intact.

For Non-Native Australians:


·    Have a Bachelor’s Degree (or the required one)
·    You must be assessed by CPA Australia. After gaining their acceptance, you will get a Letter of Confirmation from CPA Australia. In case of a denial, you are required to complete a CPA Australia-accredited course, clear the same and then reapply.
The whole procedure requires you to be updated with every change in the application process going on in the Immigration world. That is why it is always recommended that one should hire the services of an Immigration and Visa expert for every amendment in the rules.

 We are Australian Chartered Accountants  helping small to medium businesses with a specialty of understanding the space that relates to the Building and construction industry.For more information about our services contact us on 9597 9966 or at 563 North Road Ormond Victoria 3204 Australia.

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