UK most popular destination for Aussie accountants

Almost half of Australia's young accountants plan to travel overseas, with UK most likely destination

Written by AccountancyAge.com

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

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