There are approximately 12,200 external auditors in Australia with around 3,355 external auditors located in Victoria1.
Victoria is currently offering visa sponsorship for external auditors. To be eligible for sponsorship, external auditors must meet the following requirements:
- have a minimum of four years experience in accounting
- have an IELTS score of seven or above in each band.
Earning potential
According to the Australian Government's Job Search website, average gross weekly wages for an external auditor are approximately AUD$12582.
Skills Australia has also released a report with further information on the current labour market for external auditors.
Licensing and registration
Registration is only required for company auditors or liquidators. For more information on registration, please contact:
Australian Securities and Investment Commission
GPO Box 9854
Melbourne
VIC, 3001, AUS
Telephone: 1300 300 630
Email: infoline@asic.gov.au
Website: www.asic.gov.au
TIP: Think about applying for licensing and registration before you arrive in Australia, once you have your visa, as the process can take some time.
Employers
External auditors are employed by business and government departments across several industries including: Financial and Insurance Services; Professional, Scientific and Technical Services; Public Administration and Safety; and Health Care and Social Assistance3. Employment prospects are linked to the economic climate.
Industry contacts
Professional bodies and industry associations are a good source of information about external auditors in Victoria.
- CPA Australia conduct qualifications assessments as well as providing professional development activities and other resources
- The Institute of Chartered Accountants plays a role in determining professional and educational standards. The ICAA administers the chartered accountants program as well as providing technical training
- The Institute of Public Accountants (IPA) has over 20,000 members. It provides professional development activities and business support
- Invest Victoria is part of the Department of Industry, Innovation and Regional Development. It has strong links to the financial services sector.
Skill assessment information
The Australian Government's Department of Immigration and Citizenship (DIAC) has nominated three assessing authorities for the occupation of external auditor.
If you are planning to migrate to Australia as an external auditor, there are three professional accounting bodies in Australia that can assess your skills. All three use similar criteria for assessment based on the qualifications required for your permanent residency visa application.
For further information on each accounting body’s migration skills assessment requirements, including an application form and how to apply, please contact:
The Institute of Chartered Accountants in Australia
Level 3 Bourke Place, 600 Bourke Street
Melbourne
VIC 3000, AUS
Tel: +61 3 9641 7400
Website: www.charteredaccountants.com.au
CPA Australia
MAIS - Assessment Unit
CPA Australia
GPO Box 2820
Melbourne
VIC, 3001, AUS
Tel: +61 3 9606 9617
Email: MAIS.Assessment@cpaaustralia.com.au
Website: www.cpaaustralia.com.au
Institute of Public Accountants
Level 6, 555 Lonsdale Street
Melbourne
VIC, 3000, AUS
Tel: +61 3 8665 3100
Email: migrationassessment@publicaccountants.org.au
Website: www.publicaccountants.org.au
After deciding on the appropriate assessing authority, you will need to fill out an assessment application form and send it in to the relevant office with the required documentation and assessment fee.
1 Department of Education, Employment and Workplace Relations (2009) Job Outlook – Occupation pages – Employment levels. Retrieved November 06 2009 from joboutlook.gov.au
2 Department of Education, Employment and Workplace Relationship (2009) Job Outlook - Occupation pages. Retrieved November 06 2009 from joboutlook.gov.au
3 Department of Education, Employment and Workplace Relationship (2009) Job Outlook - Occupation pages - Prospects for Employment. Retrieved November 06 2009 from joboutlook.gov.au