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professional year accounting

Study Requirements of Accounting PY Program


Australia is a place where people have a well-balanced and successful life. It is an important option for people who want to work, study or reside in sober social life. This country offers migrants many different educational offers to build excellent job professionals. If you have any interest in obtaining permanent residency then you need to fulfill certain requirements. But if you are a student of accounting then the accounting professional year program can provide you an easy way to secure a job and a residency in Australia.

In the era of competitiveness making a career in accountancy in a different country is challenging for any non-resident student. In this country, there are many types of employment options for fresh graduates in accountancy. If you are a fresh graduate and want to increase your career and prepare for the Australian market then a professional year in accountancy is what you are finding.

Many educational institutes are offering students to study accounting professional year. This course will be beneficial for future prospects and can provide personal and professional skills to prepare for new challenges that are emerging in the market with confidence and strength.

The advantages of professional year program in accounting in Australia:

By enrolling in this program fresh graduates get the opportunity to gain experience in Australian workspace cultures in hands-on experience in internship and workshop programs.

With this program, the student can learn and improve their communication skills. With that, they can build a network with leading professionals in the field of their interest. It can also be beneficial for peer-to-peer interactions.

People can sharpen their accountancy skills by implementing them in practical use in the time of internship period in a proper Australian workplace.

By enrolling and participating in this program students can claim 5 points under-skilled occupation by the department of home affairs. These points can be vital to meet point’s criteria when they are applying for permanent residency.

Eligibility Criteria for Enrolling in Professional Year Program: 

To get qualified for the professional year program for accounting

  • People should complete an undergraduate or postgraduate degree in Australia for accounting.
  • They should have applied or currently hold a Temporary graduate visa and should have at least 12 months validity or should hold a secondary visa with work and study rights with 12 months validity.
  • Should get an IELTS score of 6.0 in all bands or at least a PTE score of 50 in each of the modules or equivalent.
  • Candidate should provide valid skill assessment by accredited skill assessment authority like CPA, IPA etc.,

People should check for professional course programs for accountancy over the Internet. By enrolling in the program people can achieve the skill set which is needed for the Australian marketplace.

The Accounting professional year has got approval from the Department of home affairs which was formerly known as DIBP (Department of Immigration and Border Protection). It is an available option for overseas students who have accounting degree qualifications as a result of two years of study in Australia.

 Accounting professional year program consists of:

  1. A minimum 44 weeks of training which involves classroom study of 32 weeks and 12 weeks internship placement which provides valuable work experience in an approved Australian workplace equipped with relevant accounting tasks.
  2. It also gives importance to professional development and practical hands-on experience. It also provides emphasis on workplace preparation: culture, ethics and expectations.
  3. It is a recognised pathway for 485 visa holders seeking permanent residency under general skilled migration.

The professional year program for accounting is made jointly by CPA Australia, chartered accountants Australia and New Zealand and IPA (Institute of public accountants). It is given by registered providers who have been approved by three professional accounting bodies.

After successful completion of PYP in accounting one may add additional points in a general skill migration test.

A professional year certificate and transcript do not list an expiry date, but the department of home affairs migration rules need that a professional year to have been a period of 12 months to 48 months before the time when the migration applicant gets issued an invitation to apply for the visa. It should also be noted that professional year can be used to claim 5 points only once.

Also Read: Opportunities to Study Professional Year Program

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