It’s no secret that landing a high-flying career in the accounting field needs more than just good grades from your university. Especially the fact that being in an area where there is a big volume of graduates compared to the limited job opportunities available, you would definitely need to get ahead of the competition to get the first professional opportunity.
One of the most common ways available for accounting students to do so is to participate in an Accounting Internship program.
Having a degree in Accounting is different when applied to a real-world environment. An internship in Accounting can be extremely beneficial for graduates to have a taste of what the Accounting industry is really about, as well as have hands-on accounting experience
So, how do you know whether you should do the internship, and what are the things you should consider for your internship? Here are some common questions answered for you.
Even though you have a certificate in accounting, you must understand that not all accounting roles will be available to you. We have listed the top 6 accounting roles which are the most popular and common opportunities available for a fresh accounting graduate below:
First of all, it is not a free ride; you are expected to work, learn, and contribute to the benefit of the organization. Your activities may include:
Preparation is all about organization and commitment. An accounting internship is all about preparing you to be a productive member of the accounting team or firm. The first thing to look at is business attire.
Clean and tidy is a must, so beards need to be trimmed and hair under control. Beware of personal odour too much garlic, for dinner or too much perfume is not a good idea.
Once you are personally groomed, we now look at your mindset. This is an opportunity for you to shine. If they want you to file things for a day, be the best filer ever. If they want you to learn new software, throw yourself at the task at hand.
In a nutshell, you need to prepare your best attitude for the internship. You are supposed to ask questions and not know everything. Don`t try and bluff, but have confidence that what you know will come in handy. If you know they use MYOB, then make sure you have recent exposure to it. A refresher course or job-ready program would be ideal.
Plan your travel arrangements not to get there just on time, be early, and be prepared to work longer than expected. This shows commitment.
If you are preparing for a job interview for accounting in Australia, You Can get help from our this article:
8 Common Accounting Graduate Job Interview Questions
The answer is usually no, but some organizations have policies that prevent them from not paying employees. If it is offered, by all means, agree to be paid.
Sometimes you may be offered an internship where you work full-time up to 40 hours and are paid for half. This is great because you are part of the team, and it is easier to convert you to a full-time paid.
Sometimes you may be offered a travel allowance instead of an hourly rate. Again, this is common and covers your out-of-pocket expenses for getting to and from the job. $100 is considered a reasonable amount per week for 5 days.
Finally, if you are uncertain about the paid nature of the internship, ask the question. If done tactfully it will not offend. What normally happens with your interns in terms of payment or travel allowances? I just want to be clear so there is no confusion.
Improving your internship experience involves making it a win /win relationship.
It is up to you to make yourself enjoy the experience. Sometimes you have to fake it till you make it. If you don’t know what that means, it means to continue to show enthusiasm even if the work is not interesting, because the employer is looking at how you handle all sorts of circumstances.
Accounting Internship makes a real difference in a competitive job market, and Practical Accounting Training will boost your employability skills.
Get job-ready with a leading training provider specializing in accounting through Blue Lotus College Training and Internship. We help many accounting graduates to land their dream job in Australia, just like you. Discover how Blue Lotus College Training and Internship can help you with your accounting career.