Accounting and Bookkeeping

Employment/positions projection
9.2% growth to 2026

Earnings (Average full time)
$1,756per week

Full time vs part time
80% full time

Sources: Labour Market Insights

Bookkeeping sector size
82,500 employed

Earnings (average full-time)
$1,304 per week

Flexible career options
67% part time

Sources: Labour Market Insights

Australia’s economy is moving from resources to services. In the next 20-30 years, we’ll see a lot more people doing knowledge-based work, rather than physical labour. The skills that accountants and bookkeepers use are transferrable between industries, all across Australia. That’s part of why there are thousands of accounting and bookkeeping jobs advertised every month. In other words, accounting and bookkeeping is a particularly exciting field. And you’re about to become part of it.

Sources: Labour Market Insights

Bookkeeping is a very attractive job role for people seeking a flexible lifestyle. More than half of all bookkeeping jobs are part-time roles. A qualification in bookkeeping opens up a lot of employment flexibility, both for today and tomorrow.

Sources: Labour Market Insights

Accounting jobs are skewed more to full time roles, certainly compared to bookkeeping. Accountants are in demand, and job openings are forecast to grow. Accounting is much more than simply crunching numbers. It involves interpreting financial information to allow informed decisions about small, medium and large businesses. If you become an accountant, you will become a financial ‘mechanic’ able to diagnose financial issues within a business and fix them.

Sources: Labour Market Insights

Choose from one of our nationally recognised courses including the Certificate IV in Accounting and Bookkeeping, Diploma of Accounting, Advanced Diploma of Accounting or the Diploma of Payroll Services. You'll also benefit from FREE membership to IPA or ICB

Monarch offers accounting courses for students located in all locations and cities across Australia including Adelaide, Brisbane, Canberra, Melbourne, Perth, Sydney, and Tasmania. Get in touch with Monarch today to learn more.

Sources: Labour Market Insights

Our Diploma of Accounting can take anywhere between 6 and 24 months to complete. There is no minimum timeframe to complete the course, allowing highly motivated students to complete the course in as little as you like. Once you’re accepted into the course, you can start straight away – no waiting until the following semester.

Once you have successfuly completed a Diploma of Accounting you can register with the Institute of Public Accountants (IPA) (although registration is not compulsory) and start work as an accountant or bookkeeper.

A diploma level qualification under the Australian Qualifications Framework is designed to provide students with specialised knowledge and skills for skilled/paraprofessional work and/or further learning.

The Diploma of Accounting requires students to demonstrate a broad range of cognitive, technical and communication skills including the ability to:
- analyse information to complete a range of activities
- provide and transmit solutions to sometimes complex problems
- transmit information and skills to others

Read more about AQF levels and the AQF levels criteria here: https://www.aqf.edu.au/framework/aqf-levels

The Diploma of Accounting can be used for:

• Individuals wanting to or who are currently undertaking bookkeeping or accounting job roles in financial services and other industries requiring a diploma level qualification

• Individual wanting to be registered tax agents (it is an industry requirement to have, as a minimum, a Diploma of Accounting to register with the Tax Practitioners Board as a Tax agent)

• Individuals wanting to start their own bookkeeping or accounting business

• Individuals wanting to study the Advanced Diploma of Accounting or higher education

Monarch's online self-paced study model may work for you:

• if you want flexibility to learn at your own pace

• if you need more time to grasp new concepts

• if you want to move through the course at an accelerated pace

• if you want the option to study when and where it suits you

• if you are unable to attend face-to-face classes

• if you want access to supportive trainers (video calls, email, telephone, webinars)

• if you want access to peer support through a closed Facebook group, then

Our Certificate IV in Accounting and Bookkeeping is a great starting point for anyone looking to get into the accounting or bookkeeping industry.

Our Diploma of Accounting is a great starting point for anyone looking to get into the accounting or bookkeeping industry.

Once you have a Diploma of Accounting you can register with the Institute of Public Accountants (IPA) (although registration is not compulsory) and start work as an accountant or bookkeeper.

If your goal is to become a Chartered Accountant, you can use your Diploma as a pathway into futher education to continue your study and progress along your career path.