UK most popular destination for Aussie accountants
Almost half of Australia's young accountants plan to travel overseas, with UK most likely destination
Almost half of Australia's young accountants plan to travel overseas, with UK most likely destination
A new survey by the
Institute
of Chartered Accountants in Australia shows 43% of young accountants intend
to travel overseas in the next two years, most of who will be heading for the
UK.
The independent national survey polled 680 accountants of predominantly in
the 21 to 30 age group. All the respondents were taken from 12,400 who are
presently studying the chartered accountants program, the post-graduate diploma
Australians take to become chartered accountants.
Of those surveyed, 66% said they planned to travel to the
UK, proving to be the most
popular destination, followed by Asia and the US.
‘It is well documented that China is presently looking for 100,000 chartered
accountants and with the Olympics next year, Asia has overtaken America in its
appeal to young accountants,’ said Sheena Frenkel, general manager, chartered
accountants program and admissions, Institute of Chartered Accountants in
Australia.
‘However, the lure of Europe and the international experience the UK can
provide continues to be the strongest influencer when young accountants are
considering an overseas stint.’
Further reading:
Skills shortage is good news for young accountants
City faces audit staff shortage
The numbers you crunch tell a story. Your expertis...
17yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe ICAEW cited managing insurance costs, firms struggling to obtain coverage, assessing risk-taking capacity, and evolved firm structures as drivers ...
View articleThe IESBA emphasizes the importance of timely and global adoption of their standards. For corporate accountants, this means staying updated with chang...
View articleKPMG's faces record fine for a widespread exam cheating scandal, implicating senior staff and highlighting systemic ethical issues in the professional...
View articlePwC's Australia tax scandal has led to significant changes, including over 300 job cuts and the refusal to share a crucial report with Australian parl...
View articleAccountants and accounting firms play a crucial role in maintaining financial integrity, facing ethical dilemmas and regulatory challenges. Adherence ...
View articleThe creation of an effective sustainability standards infrastructure requires not only high-quality sustainability reporting and assurance standards, ...
View articleChanges will help to make accounting profession more attractive, ICAEW boss says Read More...
View article38% of firms required significant improvements, prompting the council to state Tier 2 and Tier 3 firms must "prioritise audit quality improvements and...
View article