Eligibility for Australia PR for Accountants in 2024

Employment in Australia looks bright in the year 2024. Because Australia needs a skilled workforce to fill its gaps, who better than immigrants? More retention and hiring will take place especially those who have the skills, experience, and educational credentials.

Employees must work on the development of their skills, adapting to any tech advancement, and being competitive. Some of the sectors that have shown significant growth and improvement are Healthcare, Information Technology, and renewable energy as well.?

This is also why they have launched the "Skills in Demand" visa. There will be an increased movement of workers due to this, Some of the routes designed under this visa are:

a)Specialist Skills Route?

b) Route for Core Skills?

c) Essential Skills Pathway?

Speaking of which, Finance has a big role to play in shaping the country and its businesses. This is also why there is a rise in the need for accountants. Many challenges are faced in hiring them which is if you are an accountant there is huge scope for you in Australia.?

Does Australia need Accountants? Find out!        

It is a big resounding YES if you ask because they are needed to audit and manage the accounts of big businesses. There are so many tasks a single accountant can complete for you. Even software, IT, and business analysts are not as much in demand as accountants are.?

Presently, the nation is focusing on the quality of migrants and their output. There are multiple job roles you can fit in as an accountant. By 2026, Australia will require 338,362 accountants. Every year this number increases which signals a rise in demand only.?

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Around 46 per cent of accounting firms still need accountants because there is a shortage of staff. In the next 3 years, there will be a demand of 30,000 more accounting and finance professionals.?

Since Australia crafts out complex regulatory frameworks to deal with and keeps on adding more chances, the need for accountants grows. Anything related to adhering to tax laws, finance reports and audits are handled by accountants. After all, companies want their businesses to function smoothly.?

Want to work as an Accountant in Australia? Check your Eligibility        

Being an accountant in your country is different from being one in Australia. There is a difference in the standards of accountants being practised there. This is why eligibility for Australia PR as an accountant is important for you to be able to practice here.?

Even when you apply for a? PR through any of the pathways, you still need some experience, educational qualifications, and the proper work experience to be hired by an Australian employer. This is why you must know about the eligibility for Australia PR.?

1. To work as an accountant in Australia, you must have a certified bachelor's degree. This can be Bachelor of Accounting or Bachelor of Business (Accounting). This takes place within 3 years of full-time study.

2. Already have your bachelor’s degree and want to be a post-graduate? You can apply for a Master of Professional Accounting. This could take 2 years of study, that too full-time.

3. Get a positive skills assessment done by a Certified Practising Accountant (CPA) or Chartered Accountants Australia and New Zealand (CA ANZ). To take part in the program you will be required to apply in an accreditation program.

4. Also, assessment can be done for accountants by the Institute of Public Accountants (IPA).

5. You can apply for provincial memberships.

6. Do your internship at an accounting firm

7. Get your diploma in accounting as it is the minimum requirement for working as an Accountant in Australia.

8. Through the online SkillSelect system, you can even submit an Expression of Interest (EOI)

9. The IELTS General or Academic requirement on an overall basis is 6.0 across all bands. The CPA accepts the Academic or General IELTS bands as well.

10. You should be below under 45 years of age and be invited to apply for this visa.

11. Scoring 65 points or more since it is a points-tested visa

12. Other approved tests for English are the Pearson Test of English Academic (PTE Academic), Occupational English Test (OET), and Cambridge C1 Advanced test.?

13. You should also be able to take the medical exam and your police clearance certificate

Primary Tasks of an Accountant in 2024?

a) Assessing the spending pattern of the companies and their annual income?

b) They are the ones who make budgets and maintain it for easy working,?

c) Making financial reports and preparing statements?

d) Getting your tax returns ready for submission

e) Taking care of the internal control systems.

f) See how the cash is handled and flows in the company and where and how much is being spent.?

Conclusion?

Looking for better job prospects and chances for accountants in Australia? Trust your immigration with Nationwide Visas, as they are the best immigration consultants in Hyderabad.?

Getting a job as an accountant and becoming an Australian PR needs spotless documentation, guidance, and submission. This is why you must trust these experts to handle your case with utmost responsibility and commitment.