Accounting is the systematic recording, reporting, and analysis of financial transactions. It can be done on a large scale - for international corporations - or for individuals or for any sized business in-between.
There are agreed national and international rules and regulations that govern the work of accountants. Accounting allows a company to analyse its financial performance, and report important statistics such as profit and loss to managers and shareholders.
Accountants are also analytical thinkers and problem-solvers. Does that sound like you? Then read on.
Meet our students
Bachelor of Commerce/Bachelor of Economics
At high school I studied VCE accounting, which sparked my interest in the subject. I've always enjoyed working with numbers so it was a natural fit to study accounting at uni as well. I'm studying a double degree, which gives me the opportunity to study three majors, so I'm combining my accounting studies with majors in economics and finance. I know I want to work as an accountant when I graduate so I chose to do an internship elective, and have worked as a summer intern in an accounting firm. I also joined Monashs Accounting and Finance Leaders Program. This program is tailored towards self-development and networking which really helped me with interviews and talking to recruiters and professionals in my field. The program has enriched my university experience as I was able to get further insight into the accounting industry and boost my career opportunities.
Study Accounting at Monash
You can study accounting at Monash as part of the Bachelor of Accounting, Bachelor of Commerce, Bachelor of Business, Bachelor of Business Administration or our tagged degrees. As part of your degree you will study core business and accounting, subjects which will give you a solid foundation in accounting.
Units offered in the accounting major include:
- Principles of accounting and finance
- Financial accounting
- Cost information for decision making
- Corporate finance
- Performance measurement and control
- Auditing and assurance
Monash is a great place to study accounting. Not only do we offer industry-based placements in our Bachelor of Accounting course (usually, at a major accounting firm), but the Department of Accounting and Finance is the largest of its kind in Australia.
Monash also offers purpose built facilities such as STARLab which provides students with an experience that goes beyond textbooks by simulating a real financial environment.
What can I be?
Accountants are needed in big and small companies across all industries. As an accountant, you can have a variety of roles or work in any number of speciality areas - such as tax, auditing, budgeting, forensics or liquidation.
Your job title might be Auditor, Budget Accountant, Bursar, Cost Accountant, Finance Manager, Forensic Accountant, Investment Analyst, Liquidator and Receiver, Systems Accountant, Taxation Consultant/Taxation Agent or Treasurer.
That's quite a lot to choose from!
As an accountant, your skills will be in be in high-demand and you can choose to work in in any industry you're interested in. You might even decide to open your own business one day. Accountants are also needed all over the world, and programs, like those offered by Certified Practicing Accountants Australia (CPA) can give you the skills to work all over the world.
- Accounting jobs