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Requirements to become a Chartered Accountant

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In addition to successfully completing the Graduate Diploma of Chartered Accounting, candidates must meet the following practical experience requirements to be admitted as a member of the Institute: 

     
  • Three years full-time (or equivalent) experience in an organisation accredited by the Institute
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    At least six months (26 weeks) of the three-year qualifying period must be completed prior to commencing the Graduate Diploma program. Candidates must continue to be in accredited employment whilst completing their graduate diploma studies. 
    Candidates who enter the Graduate Diploma with three years of non-mentored accounting service, will have one year counted towards their membership requirement. This will require them to accrue another two years of mentored service in an accredited organisation. 
     
  • Mentored by a Chartered Accountant
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    A mentor must be a member of the Institute or one of the following overseas recognised bodies: 
     
     
  • Demonstrated required levels of technical and non-technical competency outlined in the Candidate Practical Experience Activity Log
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    Candidates must record and show evidence via a logbook that they have attained 100% competence in one or across more than one (eg. 50% in Taxation and 50% in Audit and assurance) of the following technical areas: 
       
    • Financial accounting and reporting 
    • Management accounting and control 
    • Taxation 
    • Business and commercial law 
    • Audit and assurance 
    • Finance and financial management
     
     
    Candidates must record and show evidence via a logbook that they have attained 100% competence in all of the following non-technical areas: 
       
    • Organisational and business areas 
    • Information technology 
    • Professional skill 
    • Professional values, ethics and attitudes
     
     
    Candidates must submit a Final Mentor's Report, completed and signed confirming they have attained the required level of workplace competence to be admitted into membership.