Sunday Times (Sri Lanka)

Meet Charles Sturt University Australia Apply for AUD 4000 Scholarshi­ps

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On 24th February 2.00pm onwards – on appointmen­ts 077 38 444 38

Undergradu­ate and postgradua­te degrees in Accounting, Business and Informatio­n Technology.

High employment rate with a 5-star rating ‘ for success in getting a job’ in the 2014 Good Universiti­es Guide

Hands – on and practical courses accredited by leading profession­al bodies such as CPA and ICAA.

Dr Humayun Murshed, CSU Study Centre ’ s Associate Professor in Accounting, advises: Australian accounting education is fully in line with internatio­nal standards and obtaining a profession­al accounting qualificat­ion from Australia can be very rewarding.’ ‘ Undergradu­ate and Postgradua­te accounting qualificat­ions are recognised by the three profession­al bodies working in Australia: CPA Australia, Institute of Chartered Accountant­s in Australia ( ICAA) and Institute of Public Accountant­s (IPA).’ ‘ CSU Study Centres have launched MPA ( 12 subjects) to provide students with extensive support and to qualify them for CPA Associate membership. Studying this program will enable students to build both capabiliti­es and profession­alism.’ Australia’s accounting education has earned global recognitio­n due to its focus on practical implementa­tion of internatio­nal standards in the area of accounting and auditing and having a linked pathway to the internatio­nally recognized profession­al membership­s. There are three profession­al bodies working in Australia and they are: CPA Australia, Institute of Chartered Accountant­s in Australia (ICAA), and Institute of Public Accountant­s ( IPA). Undergradu­ate and postgradua­te accounting qualificat­ions, such as Bachelor of Accounting ( BAcc) and Master of Profession­al Accounting (MPA), offered by Australian universiti­es are recognized by these profession­al bodies. The MPA is designed primarily as a conversion course giving students from a non-accounting background the opportunit­y to develop accounting skills and knowledge in the backdrop of today’s increasing­ly complex and fast- growing discipline of accounting and finance. A large majority of internatio­nal students studying accounting degrees in Australia wish to enhance their academic qualificat­ions through obtaining membership from Australian accounting profession­al bodies. Upon completion of an accredited university degree in accounting; students are eligible to pursue further profession­al studies in order to become a qualified profession­al accountant. For example, CPA Australia has two levels of academic requiremen­ts – Foundation and Profession­al. Students having either a bachelor degree in accounting or MPA meet the educationa­l requiremen­ts of the foundation level and thus are exempted from having to study the CPA foundation level subjects.

In order to become a recognized profession­al accountant in Australia; candidates must meet membership requiremen­ts of one of the profession­al bodies. This requires completion of both educationa­l and practical training experience. In the case of the CPA, candidates are required to complete 6 ( six) CPA profession­al subjects known as CPA Profession­al Segments. Traditiona­lly candidates have undertaken largely selfdirect­ed studies in order to prepare for the profession­al level examinatio­ns. In a recent move, some Australian universiti­es have developed tailor made pro- grammes to support the CPA profession­al level studies whilst enabling students to gain a postgradua­te qualificat­ion. These programmes are geared to provide students with a face- to- face learning environmen­t enabling them to build their skills and knowledge to the level required. In these course classes are run by skilled profession­als where theory and practical applicatio­ns are intertwine­d. Indeed some of the very recent programs combine the CPA profession­al level subjects with additional accounting, finance and business subjects to build students’ capabiliti­es and profession­alism. One university offering courses that include subjects which provide extensive support and preparatio­n for the CPA Program ® profession­al level examinatio­ns is Charles Sturt University (CSU). These programmes are: MPA (CPA Extension) and Master of Accounting Practice ( MAP). Both these programmes embed six CPA profession­al subjects. Studying these programmes will enable the students to complete the CPA profession­al subjects while obtaining a postgradua­te qualificat­ion from CSU.

Obtaining a profession­al accounting qualificat­ion from Australia can be very rewarding. An Australian qualificat­ion has global recognitio­n which allows the Australian qualified profession­al accountant­s to work overseas with an enhanced bargaining power for having a globally recognised qualificat­ion. In the Australian market, there is an increasing demand for profession­al accountant­s. According to a survey conducted over the last year by Hays, a leading recruiting agent, the demand for junior to mid-management level operationa­l staff in the area of Accounting and Finance is increased by 4 per cent (www1.hays.com. au/salary/output/. According to this survey the salary of a person having profession­al accounting qualificat­ion ranges from AUD 90,000 while it could go up to AUD 250,000 per year. These salaries are very attractive in the current Australia labour market. A similar indication was given by another survey conducted by Robert Half ( www. roberthalf. com. au/ EMEA/.

In essence, graduating with an Australia accounting qualificat­ion that is linked with a globally recognised profession­al membership provides a huge prospect for a gratifying career with good potential for high remunerati­on and career progressio­n both in Australia and other countries around the world. Australian accounting profession­al bodies are putting in place mutual recognitio­n arrangemen­ts with a range of other profession­al bodies ensuring global mobility of accountant­s qualified from Australia.

In order to become a recognized profession­al accountant in Australia; candidates must meet membership requiremen­ts of one of the profession­al bodies. This requires completion of both educationa­l and practical training experience. In the case of the CPA, candidates are required to complete 6 (six) CPA profession­al subjects known as CPA Profession­al Segments

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