Australia Immigration for Accountants

In Australia people are numbers of people are migrating nowadays. Every year the rate of migrants to Australia is increasing. The numbers of people arriving to Australia are from more than 200 countries; in July 2008- June 2009 totaled 158,021.

We will usually give the reason behind this situation that due to lifestyle structure in Australia people are migration there. But no, the actual reason behind such number of migration towards Australia is the scope of opportunity. Yes, we can see very good opportunities for every kind of professionals. Whether you belong to science side, commerce, or to humanity, it doesn’t matter, if you have qualification and are willing to migrate then Australia is the ideal country for you to migrate.

Accountants are one of those professions which are more demanded in Australia. Accountant plans and provide proper services and system regarding to the financial dealing of individuals and organization, and advises them associated compliance requirement and record keeping.

There are many other tasks performed by this profession which are as follows-

  • Assisting in formulating accounting and budgetary policies
  • Preparing financial statement for presentation to management, board of directors, shareholders, statutory and governing body.
  • Preparing report, conducting financial investigation, undertaking audits, and advising on matters such as sales and purchase of business, merges suspected fraud, capital financing, taxation and insolvency.
  • Examining organization’s operating cost and income and expenditure
  • Providing assurance regarding accuracy of information contained in financial report and their compliance along with the statutory requirements.
  • Providing taxation and financial advice on business operations, plans, and structure.
  • Preparing taxation return for organizations and individuals
  • Liaising with financial institution and brokers to establish arrangement for funds management
  • Maintaining and introducing accounting system and advising on the selection application of computer based accounting system
  • Maintaining the internal control system
  • May appraise financial risk and cash flow of capital investment projects.

This occupation requires specific level of qualification which commensurate with higher qualification or bachelor degree. Job training or work experience may require along with above stated formal qualification in some cases.

Applicants under this profession are eligible for skilled migration under various programs such as employer nomination scheme, skillselect, regional sponsored migration scheme, temporary business (subclass 457).Before migrating under above skilled migration programs make sure your skills are assessed by a relevant national assessing authority. Skill assessment is really necessary when it comes to skilled migration. Skill assessment authorities for this profession are CPA Australia and The Institute of Charted Accountant in India, Institute of Public Accountant.

You can even gain extra points for your qualification and for work experience. For this you may require to forward all the relevant documentation regarding both work experience and qualification to the assessment authority and on the basis of this the assessment authority will provide advice to The Department.

In many occupations you may need to registered yourself or obtain license from a local authority of state or territory where you want to practice your occupation. For this you may require to contact relevant local authority of state or territory so as to enquire about licensing and registration requirement.

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