Students

Accounting

Below are details about the field of study you have chosen to explore, as well as some potential careers.

Overview

The study of the theory and practice of developing, maintaining, auditing and analysing financial records. The main purpose of this narrow field of education is to develop an understanding of accounting principles and processes in order to organise and maintain corporate and personal financial records. It also involves developing an ability to interpret, evaluate and prepare financial records for use in corporate and personal financial decision-making.

Course skills

Accounting develops skills in:

  • auditing financial accounts and providing reports on those audits
  • designing and operating financial systems for individuals and organisations
  • preparing general purpose accounting statements
  • providing advice on taxation law and practice and completing taxation reports for clients.

Source: Australian Bureau of Statistics

Careers

  • Accountants

    Accountants provide services relating to financial reporting, taxation, auditing, insolvency, accounting information systems, budgeting, cost management, planning and decision-making by organisations and individuals; and provide advice on associated compliance requirements.

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  • Actuaries, Mathematicians and Statisticians

    Actuaries, Mathematicians and Statisticians develop and apply actuarial, mathematical, statistical and quantitative principles and techniques to solve problems in a range of fields such as business and finance, scientific and social research, and engineering.

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  • Auditors, Company Secretaries and Corporate Treasurers

    Auditors, Company Secretaries and Corporate Treasurers conduct audits of accounting systems, procedures and financial statements, manage corporate funding and financial risk, and administer and review corporate compliance activities.

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