Any time spent on the study of business or accounting in any location across Australia - Melbourne, Sydney, Brisbane or elsewhere - or online will start to help students apply their skills from the very first semester of study. Even if you've never had a job or any professional work in an adjacent industry, the certificate you will acquire at the end of your years of study will be the equivalent to multiple years of training and work as an accountant (regardless of the level) in Australia.
This will certainly save you time and stress later as you get more advanced in your training, skills, and career since you will know exactly to what degree your professional services and expertise will guarantee you work in the industry. Given the highly adaptable nature of accounting, we can safely say that this is very high.
Check out accounting courses in Melbourne.
Whether you want to do a short professional course at TAFE, a semester by semester odyssey for a couple of years duration in an advanced bachelor degree with according certificate, or the equivalent of a master level finance/accounting/business/management degree with concurrent diploma, there are certainly accounting courses for you somewhere in Australia.
Bookkeeping is an art form (and bookkeeping is a large part of what you will offer in your services), so students should save some dates to set aside time to research what level and subjects they want to master in their accounting degree, certificate, or diploma and learn about the business of what they will study during each semester / the years they will spend on this training.
Start with our handy guide to accounting courses in Australia and save yourself some time by seeing what skills and training method theory goes into the full range of accounting courses (whether doing a short TAFE course online, a full time bachelor degree, or advanced bookkeeping and finance degree with concurrent certificate or diploma at the University of Melbourne).
Find out about studying accounting in Australia.
What Does Accounting Actually Involve?
You will have seen the word bookkeeping mentioned above. We will save you some time to help those interested in dealing with accounts learn that the duration of your course of study will start and end with the term bookkeeping. This is because it refers to the main method of what you will do when dealing with accounts in your job, and concerns the monitoring, management, and assessment of all financial and monetary activities of an individual or business.
This is particularly applicable when it comes to assessing the market position of the actor at at Australian or international level, and is what makes accountants so employable since they are able to work in any location with their equivalent skills. Specifically, they will focus on: cash flow management, summarising financial business operations, dealing directly with monetary units, and providing advice on how current spending can benefit the client or be improved.
Such skills can apply to a full cross-section of job experience and types, with even the most entry level accounts executive or accountant able to begin work after their last semester of their degree, which is precisely why the years you spend in your duration of study are so valuable.
Dive deep into the specifics of your accounting degree.
The Breakdown of Accounting Courses by Type and Level
It may be that you want to study online or at a university campus in any location - Melbourne, Canberra, Sydney - across Australia. But first you have to know the reasons for your study, your goals afterwards, and what you personally want to achieve from the duration of your course.
The kind of degree can vary anywhere from a certificate or diploma to bachelor or master degree, each will which entail diverse levels of commitment and focus. The higher up you get in the ladder of your studies, the more specialised you become and the greater impact you can have in your work. Don't be deterred though - any level of accounting study you get will help you work in the industry straight away.
There are more theoretical, more specialised, and more technical qualifications you can get in the study of accounting, and these will be explored and explained below depending on what your needs and desires are. There are also concurrent professional streams you can take alongside your studies that permit you direct entry to the industry and professional bodies such as Certified Public Accountants Australia or the Accounting and Finance Association of Australia and New Zealand (CPA).
Take the extra leap with the help of an accounting tutor.
These can vary depending on what a student wants and needs, as well as what they plan to do with their accounting later. We have broken the university streams down into undergraduate and postgraduate degree type for ease of communication.
Diploma / Bachelor degree
This is where the financial, business, management, and professional knowledge and experience you will gain throughout the duration of your study will be introduced, all skills which will be refined as you go along.
Understandably, this is going to be more generalist in scope, and give you more the bare bones that you can build upon with time and industry work experience in your job.
The specific skills that a student will work on during the bachelor stage include the capacity to analyse, evaluate, and communicate the financial position of an organisation or individual, and providing financial advice to this client. In practical terms, this will look like:
- Financial accounting using Xero
- Finance, tax, and auditing
- Applying lessons to tax and financial law
- Management accounting
- Economic law development practice
We have grouped the diploma and bachelor degree study units together since they are both undergraduate in study quality, and a diploma can bring basic skills into another degree field.
Notable university courses in Australia you could consider include Swinburne University of Technology in Melbourne, which works on the above mentioned skills. The University of Western Australia has a theoretical knowledge base compared to the former, which end up being applied to business law, economic theory, and tax and financial law and decisions. You might alternatively like to consider the University of Western Sydney which will put you face to face with business decision accounting in the first instance, and will then boost you into taxation law and financial reporting management, which will be built upon by auditing and industry standards and regulation for accounting.
This is where we come to the more refined and advanced university study program, which you can take in any location across Australia or online. This is a particularly wise choice if you want to gain a direct certificate to work as you will already be considered a qualified accountant with a specialised focus when you finish. Whilst there are undergraduate degrees that permit the same, the extra topic focus e.g. economics, taxation law, political science will make you that much more qualified and really make your CV stand out, all the while reviewing and building upon the general skills from your bachelor.
A Master of Management (Accounting and Finance) at Melbourne University is particularly well renowned and adjacent to a Master of Business Administration. You will specialise in corporate and financial policy and control and critical actuarial studies, and can permit concurrent entry to accounting and financial societies CPA and CFA.
You don't have to go to university to become an accountant either - if you're already endowed with a few years of time and experience in any given industry, you may just want to get a TAFE qualification to learn about bookkeeping and making financial decisions as and independent operator with Xero and paper based accounting and bookkeeping skills.
In such a TAFE course, you will typically do the equivalent of half a diploma, which will get you a certificate IV in accounting and bookkeeping or something similar. This will help students take the first steps to gaining the necessary skills to become an accountant or work in a professional services industry as an independent contractor or another finance based career, such as an accountant later on after further training and accreditation.
A notable course is also in Melbourne at the Melbourne Polytechnic. It must seem like Victoria's capital is really the accounting centre of Australia, but online courses abound and are also offered in many an other location around Australia. You can also just do one semester online and the rest in person or travel to Melbourne. In any case, this course will get you ready to prepare financial reports and learn how to follow the numbers and provide analytical advice based on this. It also has a direct vocational focus with students being prepared for the booming accounting industry that is predicted to open 50,000 new jobs over the next 5 years.
You might also want to consider learning on your own because you have a lot of internal motivation, or seek the help of a private tutor to make the learning make more sense to you. Whatever your desires, Superprof will have a practitioner who can get you where you're going.
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