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Changes to Skills Assessment for Accountants and related occupations

The contents of this article are correct as at 3 May 2010.

Although changes to the General Skilled Migration (GSM) program are not expected until mid 2010, information has become available as to the criteria for skills assessment for the occupations of Accountant, Finance Manager, Corporate Treasurer and External Auditor.

CPA Australia and the Institute of Chartered Accountants in Australia (ICAA) have announced that, from 1 July 2010, applicants will need to meet the following skills assessment criteria for GSM:

  • An Academic International English Language Testing System (IELTS) test result of a score of at least seven on each of the four components (speaking, reading, listening and writing);
  • A formal qualification(s) assessed as being at least comparable to an Australian Bachelor's degree;
  • At least nine out of the twelve core knowledge areas (see below table) completed at the University level, noting the following:
  1. Each nominated occupation has four mandatory core knowledge areas and five optional areas;

Work experience will not be accepted in lieu of formal qualifications.

table1.PNG

From 1 July 2010 a successful assessment is valid for two years from the assessment outcome date.

The third skills assessing authority for Accountants, National Institute of Accountants (NIA), is expected to make the same changes to its skills assessment by the end of the week ending Friday 7 May 2010.

If you have questions concerning your skills assessment eligibility for GSM purposes, please click Visa Lawyers Australia to contact us.