Institute of Public Accountant (IPA)
Similar to other assessing authority organisations,
IPA roles and responsibilities:
· Assessing qualification for skills assessment migrants;
· Representing the interest of their members globally;
· Providing certificate level qualifications in different fields such as Diploma in Financial Planning and Masters of Commerce (Public Accounting);
· Promoting exchange of knowledge and practice globally; and
· Lobbying and advocacy for members of IPA and small business sectors in the country.
The list of occupations assessed by IPA can be found below:
| Number | Occupation | ANZSCO Code | Assessing Authority |
| 1 | Accountant (General) | 221111 | IPA |
| 2 | External Auditor | 221213 | IPA |
| 3 | Management Accountant | 221112 | IPA |
| 4 | Taxation Accountant | 221113 | IPA |
| 5 | Finance Manager | 132211 | IPA |
| 6 | Corporate Treasurer | 221212 | IPA |
In order to meet the educational standards for the below mentioned occupations, the applicants must have their qualifications assessed. The applicants’ degree must be comparable to an Australian Bachelor degree and have undertaken seven compulsory core knowledge areas as listed below.
| Core Knowledge Areas | Accountant (General) ANZSCO 221111 | External Auditor ANZSCO 221213 | Management Accountant ANZSCO 221112 | Taxation Accountant ANZSCO 221113 | Finance Manager ANZSCO 132211 | Corporate Treasurer ANZSCO 221212 |
| Basic Accounting | compulsory | compulsory | compulsory | compulsory | compulsory | compulsory |
| Cost & Management Accounting | compulsory | compulsory | compulsory | compulsory | compulsory | compulsory |
| Financial Accounting & Reporting | compulsory | compulsory | compulsory | compulsory | compulsory | compulsory |
| Financial Management | compulsory | compulsory | compulsory | compulsory | compulsory | compulsory |
| Auditing & Assurance | optional | compulsory | optional | optional | optional | optional |
| Business Law (including Corporate Law) | compulsory | compulsory | compulsory | compulsory | compulsory | compulsory |
| Taxation Law | optional | optional | optional | compulsory (Australian Taxation Law) | optional | optional |
| Economics | compulsory | compulsory | compulsory | compulsory | compulsory | compulsory |
| Statistics | compulsory | compulsory | compulsory | compulsory | compulsory | compulsory |
Skill Assessment Procedure for migration:
Overseas professionals that choose to pursue their career in Australia and migrate are needed to have their qualification and skills assessed with Australian standards. Applicants must meet the requirements and provide the required documents.
|
| YES | NO |
| Are you a registered professional in Australia? | You are qualified to practice in Australia. | You are not qualified to practice in Australia. |
| Have you received your qualification from an accredited University/College in Australia or New Zealand? | You are not required to be assessed. | You are required to have your qualification and skills assessed by the relevant authority. |
| Are you required to be submitted for assessment? | Documents required:
· Certificate or a degree, in original language and a certified copy of an official English translation, if applicable. · Certified copy of your identification. · Official transcript, in original language and a certified copy of an official English translation, if applicable. · Evidence of supervised teaching practice. · Evidence of membership, in the relevant association, if applicable. · Evidence of employment, from graduation to presernt. · Evidence of registration/ license, if applicable. · Assessment form, and · Evidence of English proficiency**. |
|
** English proficiency, applicant who has acquired his/her qualification from a non-English speaking country, is required to sit for IELTS examination. It is essential to achieve a minimum score of 7 in each of the four components (Reading, Writing, Speaking and Listening).
The English proficiency test required for assessment is IELTs, however, other English examinations like TOFEL iBT may also be accepted by the relevant authoritiy.
Below is the table of score comparison between English Proficiency examinations:
| Listening | Speaking | Reading | Writing | Total Score | |||||
| IELTS | TOFEL iBT | IELTS | TOFEL iBT | IELTS | TOFEL iBT | IELTS | TOFEL iBT | IELTS | TOFEL iBT |
| 9.0 | 30 | 9.0 | 30 | 9.0 | 30 | 9.0 | 30 | 9.0 | 118-120 |
| 8.5 | 29 | 8.5 | 28-29 | 8.5 | 29 | 8.5 | 30 | 8.5 | 115-117 |
| 8.0 | 28 | 8.0 | 26-27 | 8.0 | 29 | 8.0 | 30 | 8.0 | 110-114 |
| 7.5 | 27 | 7.5 | 24-25 | 7.5 | 27-28 | 7.5 | 29 | 7.5 | 102-109 |
| 7.0 | 24-26 | 7.0 | 23 | 7.0 | 24-26 | 7.0 | 27-28 | 7.0 | 94-101 |
| 6.5 | 20-23 | 6.5 | 20-22 | 6.5 | 19-23 | 6.5 | 24-26 | 6.5 | 79-93 |
| 6.0 | 12-19 | 6.0 | 18-19 | 6.0 | 13-18 | 6.0 | 21-23 | 6.0 | 60-78 |
| 5.5 | 7-11 | 5.5 | 16-17 | 5.5 | 8-12 | 5.5 | 18-20 | 5.5 | 46-59 |
| 5.0 | 4-6 | 5.0 | 14-15 | 5.0 | 4-7 | 5.0 | 14-17 | 5.0 | 35-45 |
| 4.5 | 3 | 4.5 | 12-13 | 4.5 | 3 | 4.5 | 12-13 | 4.5 | 32-34 |
| <=4 | 0-2 | <=4 | 0-11 | <=4 | 0-2 | <=4 | 0-11 | <=4 | 0-31 |
Assessment of overseas qualification is a complex and time consuming procedure. It may take up to 8 weeks for the process to take place. After completion of the assessment a Letter of Assessment is received by the applicant. The received qualification is useful to assist:
· Migration officers to determine the suitability of the applicant for migration under the General Skilled Migration Categories;
· Registration as an Accountant with IPA; and
· Eligibility for relevant jobs.
For further information as to fees and assessments please contact us.
Here is the list of links that may be useful:
Immigration