Recognised accounting qualifications

Chartered Accountants Australia and New Zealand recognises that not all skills assessment applicants have the same accounting qualifications. The below guide outlines the differences and what is required.
  1. Graduates with an Australian or Overseas Tertiary Qualification
  2. Members of Fully Recognised Overseas Accounting Bodies
  3. Not a member of any of the listed accounting bodies?

The following applies for Graduates with an Australian and/or Overseas Tertiary Qualifications:

  • Graduates with an Australian qualification: we recognise graduates with a Bachelor degree or 12 unit accredited Masters degree in accounting/business/commerce or economics from a recognised Australian University.
  • Graduates with overseas tertiary qualifications: to assess the general education level of overseas tertiary qualifications we adhere to the guidelines of the National Office of Overseas Skills recognition (AEI-NOOSR), an Australian government body.

> View a list of Chartered Accountants Australia and New Zealand accredited courses

When it has been established that your qualifications are comparable to at least the level of an Australian Bachelor degree, we then examine individual subjects to determine coverage of the required core knowledge areas.

Candidates must meet at least seven (7) core knowledge areas, with the exception of External Auditor and Taxation Accountants, who must meet at least eight (8) as outlined in the table below.

Core Knowledge Areas

ACCOUNTANT GENERAL
221111

TAXATION ACCOUNTANT
221113

MANAGEMENT ACCOUNTANT
221112

EXTERNAL AUDITOR
221213

FINANCE MANAGER 132211

CORPORATE TREASURER
221212

Accounting Systems and Processes compulsory compulsory compulsory compulsory compulsory compulsory
Financial Accounting & Reporting compulsory compulsory compulsory compulsory compulsory compulsory
Management Accounting compulsory compulsory compulsory compulsory compulsory compulsory
Finance compulsory compulsory compulsory compulsory compulsory compulsory
Audit & Assurance optional optional optional compulsory optional optional
Business Law compulsory compulsory compulsory compulsory compulsory compulsory
Taxation Law optional compulsory* optional optional optional optional
Economics compulsory compulsory compulsory compulsory compulsory compulsory
Quantitative Methods compulsory compulsory compulsory compulsory compulsory compulsory

* Australian Taxation Law is compulsory only for this code – local tax law is optional for all other codes.

Please note that practical experience in a core knowledge area is not accepted as an alternative to formal tertiary study.

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Members of fully recognised overseas accounting bodies

We have reciprocal agreements with the following overseas accounting bodies:

  • The Institute of Chartered Accountants in England & Wales
  • The Institute of Chartered Accountants of Scotland
  • Chartered Accountants Ireland
  • Canadian Institute of Chartered Accountants (including members of associated provincial and territorial institutes)
  • A legally constituted State Authority in the United States of America (the person having CPA status)
  • The South African Institute of Chartered Accountants
  • The New Zealand Institute of Chartered Accountants (College of Chartered Accountants member)
  • The Hong Kong Institute of Public Accountants

Current Members of these professional bodies will, in general, be assessed as having a suitable skills assessment for migration purposes. For more information visit our article on Members of recognised overseas accounting bodies.

Please note that student members of these bodies without a recognised Bachelor degree should only apply when they have become a full member.

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Not a member of any of the listed accounting bodies?

We will assess studies undertaken with an accounting body that is not listed above along with any other tertiary studies to determine comparability to an Australian Bachelors degree, and adequate coverage of the mandatory competency areas required for the nominated occupation as per the ANZSCO codes listed above.

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Article last updated 1 July 2015