There is no shortage of demand for accountants in Australia. It is one of the safest careers that ensures employment and a steady paycheck. An accountant in Australia earns a good salary for a family of 4 to live comfortably.
Every company needs an accountant, so it is a good career to pursue.
To become an accountant in Australia, you need to have a bachelor’s degree in accounting or complete a Certified Practising Accountant program. You can have these by taking online accounting courses.
Before tackling the benefits of studying accountancy, you should know first what an accountant does. Their main job is preparing and examining financial records.
- Review statements for accuracy
- Ensure that bills and taxes are paid on time
- Organise financial records
- Ensure that records and statements comply with the law
- Find ways to increase profits and reduce overheads
- Inspect account books
- Provide auditing services
Now that you know what an accountant does, here are the benefits of taking an accounting course.
Every Industry Needs An Accountant
Accounting is a good course to study since it opens up opportunities in many industries. As long as there are businesses open, there is a need for accountants. An accounting course can provide you with skills and knowledge that applies to any business. Studying accounting is the best way to jump-start your career and assure you of job security.
High-Earning Potential
Accounting graduates have the potential to earn high-paying wages depending on their career path. In Australia, the average salary of an accountant is $92,531. Entry-level accountants receive $79,589 per year, while experienced accountants have a $116,219 per year salary.
Flexible Career Path
There are different career paths that you can take after graduating with an accounting degree. For example, you can become a forensic accountant, a chartered accountant, or a stockbroker. You can also deviate from the usual accounting path and use your degree to carve a career in business development, data analysis, or banking.
Opportunities For Growth
After getting a degree in accounting, you can avail any of the graduate training schemes. You can either become a graduate trainee from an established company or follow a structured training program.
Transferable Skills
The skills you will learn from taking an accounting course are transferable and can enhance your CV. Aside from developing strong numerical and quantitative skills, you will also develop advanced problem-solving and analytical capabilities. These skills are attractive to a range of employers.
Ability To Start A Business
Graduating with a degree in accounting does not only arm you with the skills needed to find a job. It will also train you to become a business owner. You can start your consultancy firm or any business that you want. This course is great for persons with disabilities because it allows them to work at home.
Study online
Another benefit to taking an accounting course is that there are online accounting courses that you can enrol in. You can take this course while working or while taking care of your family. This course gives students the flexibility to study at their own pace.
A career in accounting should be considered if you look for a profession that will provide you with job security. However, jump-start your career in accounting, you should first take the needed courses for it. The best thing about studying accountancy is that you can take the course online or on-campus.
