Skill Level: 1 | Assessing Authority: IPA
Job description
Provides services relating to compliance-based financial reporting, auditing, insolvency and accounting information systems; and advises on associated record-keeping requirements. Registration or licensing may be required for certain services such as auditing.
Specialisation:
- Financial Analyst
- Insolvency Consultant
- Insolvency Practitioner
Job Duties
Highly relevant tasks include, but are not limited to:
- preparing financial statements for presentation to boards of directors, management, shareholders, and governing and statutory bodies
- conducting financial investigations, preparing reports, undertaking audits and advising on matters such as the purchase and sale of businesses, mergers, capital financing, suspected fraud, insolvency and taxation
- examining operating costs and organisations’ income and expenditure
- providing assurance about the accuracy of information contained in financial reports and their compliance with statutory requirements
- providing financial and taxation advice on business structures, plans and operations
- preparing taxation returns for individuals and organisations
- liaising with financial institutions and brokers to establish funds management arrangements
- introducing and maintaining accounting systems, and advising on the selection and application of computer-based accounting systems
- maintaining internal control systems
- may appraise cash flow and financial risk of capital investment projects
Qualification Assessments Criteria
To meet the educational requirements, your qualification with a major in accounting or a related discipline must be rated as comparable in both content and standard to an Australian bachelor’s degree. Your qualification must provide sufficient covering of the core knowledge areas listed below.
- Basic Accounting
- Cost & Management Accounting
- Financial Accounting & Reporting
- Financial Management
- Economics
- Business Law (including Corporate Law)
- Statistics
Employment Assessments
Before applying for a employment assessment, you must first acquire a successful qualification assessment outcome from the accessing authority.
Your employment must meet the following requirements:
- is closely related to the ANZSCO occupation for which you have received a successful skills assessment outcome.
- was undertaken within the last ten years
- was undertaken after you have completed a formal qualification, recognised as equivalent to an Australian bachelor degree
- is paid at market rate and continuous for a minimum of 20 hours per week. Average 20 hours per week over a period of time would not be considered.
- is a minimum of one year of employment in total, for at least three months per role
English Requirements
A General Skilled Migration Qualifications Assessment requires the following minimum band scores on an English language test:
|
English Language proficiency level |
Test component |
Pearson (PTE) Academic |
IELTS Academic* |
TOEFL iBT |
Cambridge (CAE) |
|
Proficient (for points tested Skilled visas) |
Listening |
65 |
7.0 |
24 |
185 |
|
Reading |
65 |
7.0 |
24 |
185 |
|
|
Writing |
65 |
7.0 |
27 |
185 |
|
|
Speaking |
65 |
7.0 |
23 |
185 |
Documents Requirements
The following is a summary of the documentation list that you need in order to submit your application for the skill assessment. Please visit IPA for a comprehensive list of all of the document requirements. Documents in a language other than English have to be translated by a professional translator first.
- Passport and passport photo
- Proof of identity, including a national ID or driver’s license
- qualification certificate and academic transcript.
- employment evidence, including an employment letter, payslips, tax return and superannuation.
Source from: IPA
Skill Assessment Agency Services
Most of the evidence documentation required for your skills assessment is also required for your visa application. Ozlinks Education is an agency that can assist you in understanding and meeting the skill assessment criteria, giving you the best chance of a positive result. Click here to learn more about how our agency service can assist you.
