Whether you’re considering a career in accounting or are already part of this profession, you may well be asking yourself, “Do I need to join a professional accounting organisation” and, if so, “Which accounting designations will help me get ahead in my career”?
Do I need to join a professional accounting organisation?
By joining one of Australia’s three professional accounting bodies – of which CPA Australia has the largest member network and global presence – you’ll enjoy a number of career-enhancing benefits.
“Should I do my CPA?” It’s a question many accountants ask themselves at some point in their career. If you’re in any doubt as to whether it’s worth putting in the time (and effort) to earn this prestigious accounting designation, consider below six ways it can add value to your career.
1. Competitive advantage
As a jobseeker, having an accounting designation next to your name gives you a competitive advantage over your peers – cementing your credibility and setting your CV apart.
In fact, according to data from SEEK, more than 87 per cent of senior accounting roles advertised online require applicants to be a Certified Practising Accountant (CPA), or specifically mention the designation.
2. Leadership and earning potential
If you have an accounting designation, such as CPA, you can apply for higher-paying roles.
You’ll also be viewed favourably by employers as someone who can take on extra responsibilities or jump onto projects that require specialist expertise. In Australia, more than 25,000 of CPA Australia’s members work in senior leadership positions.
3. Industry updates
The accounting profession is constantly evolving and accountants must keep up with all the latest regulatory updates, tax changes, new technologies, trends and more in order to stay relevant.
Professional accounting organisations support members with ongoing career development, thought leadership, events and other resources.
4. Networking opportunities
Accounting organisations are made up of thousands of like-minded professionals from all over the world.
CPA Australia, for example, has more than 170,000 members working in 118 countries. Tens of thousands of them chat in CPA Australia’s online community – CPA Member Connect.
That’s a lot of people you can reach out to for expert advice and support.
5. More clients
A professional accounting designation is a mark of competence, reassuring potential clients that you have extensive knowledge in your field and that you’ll deliver a high-quality service.
It also signifies that you’ll hold appropriate insurance and adhere to CPA Australia’s stringent professional and ethical standards.
Many businesses therefore look for this designation when choosing an accountant.
6. Life-long learning
Regardless of whether you’re a public practitioner, tax agent, financial adviser or one of the many emerging types of specialist accountant, as a member of a professional accounting body, you’ll have access to a range of learning opportunities.
These are designed to give you the practical knowledge and skills you need to excel in your chosen field.
Which professional accounting organisation should I join?
It’s a common, albeit momentous, decision for people working in the accounting and finance sector, “Should I join a professional accounting organisation” and, if so, “which one should I choose?”
Whether you’re in the early stages of your accounting career, or looking to make your next move, we’ve put together answers to some common questions, to help you decide which accounting body is right for you and what’s involved in joining.
Learn more about becoming a CPA
Becoming a CPA is about more than completing an education program – it’s an ongoing commitment to professional standards and continuous development. As a CPA you will have access to support at all stages of your career.
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CPA members in all locations gain access to partner deals, special offers and discounts
- CPA corporate information
Membership pathways and arrangements
We've collaborated with accounting bodies around the world to provide pathways to CPA membership