Taxation Accountants analyse, report and provide advice on taxation issues to organisations or individuals, prepare taxation returns and reports, and handle disputes with taxation authorities.
Registration or licensing may be required.
Job duties
In Australia, the job duties of Taxation Accountants include:
Examines operating costs and organisations' income and expenditure.
Provides assurance about the accuracy of information contained in financial reports and their compliance with statutory requirements.
Provides financial and taxation advice on business structures, plans and operations.
Prepares taxation returns for individuals and organisations.
Liaises with financial institutions and brokers to establish funds management arrangements.
Introduces and maintains accounting systems, and advises on the selection and application of computer-based accounting systems.
Maintains internal control systems.
May appraise cash flow and financial risk of capital investment projects.
Employment Status
The Employment Facts of Taxation Accountants in Australia:
Future Growth: Strong
Full-Time Share: 72%
Average Working Hours: 45
Weekly Pay: $1,660
Employment by State:
ACT: 1.6%
NSW: 35.2%
NT: 0.6%
QLD: 17.7%
SA: 5.7%
TAS: 1.4%
VIC: 25.4%
WA: 12.5%
Educational requirement
The minimum qualification is a diploma of accounting, however, the majority of Taxation Accountants complete a bachelor degree in accounting or a related field majoring in accounting.
Education Level
Postgraduate/Graduate Diploma or Graduate Certificate: 26.5%
Bachelor degree: 51.2%
Advanced Diploma/Diploma: 10%
Certificate III/IV: 3.9%
Year 12 or below: 8.4%
Recommended Courses: Bachelor of Commerce, Bachelor of Accounting, Master of Profession Accounting etc.
https://joboutlook.gov.au/occupations/accountants?occupationCode=2211
