At some point in our teen to early adult life, we choose a career path that most of us stick with for the rest of our life. Generally speaking, most people will choose at the ages of seventeen and eighteen. This comes right after we have completed high school.
Most careers require a knowledge base in the field and this is where tertiary educational levels come in. They educate us on the relevant skills needed in a particular field.
The field of finance is diverse and hence there are several different careers included. These include:
- Tax accounting.
- Financial planning.
As such, there is a myriad of courses dedicated to each of the above-mentioned areas. So here are the different professions and some of the relevant courses available.
We all have financial goals in life. Most of these goals are common to a lot of people with a few being unique. Examples of these goals may include buying a car or a house.
With our daily, weekly or monthly incomes it can be difficult to attain these goals. A planner will help make these goals a reality. Here are some examples of courses taken by people in pursuit of a career in the same:
- Diploma in financial planning.
- Advanced diploma in financial planning.
While it is a very lucrative career the above courses are not all that pertains to financial advising. You will need to have a degree in finance or business to be certified as one. Other areas that you may need to be well versed in include:
- Estates and estate planning.
- Tax and tax law.
- Retirement planning.
While accountants often have knowledge of bookkeeping there is often a need to also employ bookkeepers in most companies. Bookkeepers have the very specific job of recording financial transactions. They effectively assist accountants by providing the information that is to be analysed.
Generally bookkeeping courses may be harder to come by, particularly if you live in Melbourne, although if you are looking for bookkeeper training or to start a bookkeeping course then you should check out this site.
Accounting is a fast growing profession in Australia with professionals in the field earning good money on a yearly basis. There are a few training courses in the field such as:
- Certificate IV in accounting.
- Diploma of accounting.
- Advanced diploma of accounting.
- Bachelors of business (accounting).
- Master of professional accounting.
There are three bodies that regulate accounting in Australia. Individuals who would like to join these bodies are required to have degrees in accounting for CPA Australia and the Institute of Chartered Accountants of Australia (ICAA). The Institute of public accountants (IPA) is a bit more lenient with a requirement of a diploma in accounting. If this is an area of interest to you and you are already or almost qualified then you should consider looking at accounting internships by heading over here for more info if you are from Melbourne.
Some degree courses also offer training in Enterprise Accounting Software which makes it easier for accountants to do their jobs. More and more companies are employing the use of these software systems and hence a bit of knowledge in their use and operation would be ideal for an accountant.
Another area worth focusing on is taxes. Certified accountants can go ahead to further their expertise by studying taxation law. There are a number of postgraduate courses on the subject such as masters and postgraduate diplomas. Undertaking the right tax courses could effectively give you an edge over others when dealing with tax returns and related matters, if this interests you then visit this page to choose a tax program.
Once you choose a career path, you will likely follow it for most of your adult life. It is therefore paramount that you carefully think about the choices available before making a decision.