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Accounting dropped from skills list

The Department of Immigration has dropped accounting from its list of skilled occupations in demand for 2015, according to a report in the Australian Financial Review.

The report states that while it is unclear if other professions have been taken off or added to the government’s 2015 skilled occu‎pation list, the decision to drop accounting has stunned the major accounting bodies.

"Chartered Accountants and CPA have lobbied the government hard to keep it on the list, maintaining there is a shortage of accountants.The pair planned to present a joint submission to this affect to officials at the Department of Immigration and Citizenship on Friday." states the report

The Australian Financial Review has written a series of articles on the diminishing job outcomes for accounting graduates over the last eight months.

Deakin University published a study last month shedding light on the plight of international students - a crucial cash cow for universities - ‎when it came to securing professional work.

Of all the professions on DIBP’s list of skilled occupations in demand, accounting is one of those used most frequently by foreigners seeking a 485 temporary visa, granting them work rights in Australia for up to 18 months.

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