Accountant
What does an accountant do?
Have you ever wondered, ‘what is an accountant?’ and what exactly do they do? Well, accountants use their specialist knowledge to assist in managing the financial health of an individual or organisation by analysing and interpreting data, conducting audits, preparing reports, and providing financial advice. As an accountant, there are many specialisations you can chose from including corporate finance, taxation law, financial accounting, commercial finance, or management accounting.
Accountants work in a variety of settings including chartered accounting firms, large multinational organisations, private businesses, universities, government organisations (tax department, audit officer, treasury, local government), financial planning companies, investment companies and financial institutions (banks and building societies).
Is a career as an accountant right for me?
While having a knack for numbers is valuable in an accounting career, a range of other skills are equally important. Strong attention to detail, sound judgement and the ability to manage competing priorities are essential, along with the ability to handle confidential information with integrity and discretion.
Other desirable skills and attributes of an accountant include:
An ability to analyse and interpret information.
Clear written and verbal communication skills, supported by strong interpersonal skills.
Proficiency in using technology, digital tools, and relevant software.
A sound awareness and understanding of industry and trends.
Effective time-management and prioritisation skills.
Problem-solving and decision-making
The ability to identify issues, evaluate options, and make informed decisions.
The ability to take initiative, demonstrate personal drive, and maintain a professional attitude.
How to become an accountant
Typically, becoming an accountant starts with a bachelor’s degree in accounting or finance, followed by professional accreditation. Gaining practical experience through internships or entry-level roles is essential for building technical expertise and industry knowledge.
Every journey is individual, and there are several paths to reaching your accounting career goals. A common path to becoming an accountant:
- Complete a bachelor's degree in accounting, finance or a related business discipline.
- Apply for graduate membership with a recognised professional accounting body.
- Complete the professional program requirements of CPA Australia, CA ANZ or IPA.
- Gain practical experience in accounting, finance or related roles.
- Continue developing your expertise through professional development and industry experience.
Accreditation and qualifications
In Australia, there isn’t a single mandatory licence for all accounting roles, but most professional positions require a combination of education and professional accreditation.
UniSQ's Bachelor of Accounting is accredited by CPA Australia and Chartered Accountants Australia (CAANZ), so graduates meet the educational entry requirements for professional certification with both bodies.
How long does it take to become an accountant?
Becoming an accountant typically requires a minimum of three years to complete a bachelor’s degree in accounting, finance, or business. The degree you study determines your eligibility for CPA Australia, CAANZ, or the Institute of Public Accountants (IPA).
It can take two to three additional years to gain relevant work experience while completing a professional qualification, such as a CPA or CA.
Start your journey with UniSQ
Launch your accounting career with a UniSQ accounting degree and gain the practical financial, analytical and business skills sought by employers across industry, government and professional services.
Responsibilities and work settings
Preparing financial statements, reports, budgets, and tax returns for individuals and businesses.
Tracking income and expenses while ensuring compliance with financial regulations.
Conducting audits, financial investigations, and risk assessments for capital investments.
Advising on business transactions, mergers and finances.
Ensuring accuracy in financial reports and compliance with statutory requirements.
Accounting, consulting and professional services firms
Banks and financial institutions
Government agencies, departments and councils
Manufacturing and industrial companies
Mining and resources companies
Accountant FAQs
An accountant salary in Australia varies based on experience, industry, and qualifications.
For further information, please view the salary information on this page.
There are numerous career opportunities accounting professionals can explore across industries, including:
- Public accounting – working for firms that offer audit, tax, and consulting services.
- Corporate accounting – managing financial operations within businesses.
- Forensic accounting – investigating financial fraud and legal disputes.
- Management accounting – assisting in business strategy and financial planning.
- Government accounting – handling financial records and regulations for public sector organisations.
Related careers
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