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4 Posts
Discussion Starter · #1 ·
Hi guys,

Please help me out. I got a negative assessment from IPA in regards to my 1 year experience in Australia to claim 5 points. I have called and asked them to explain the decision but all they gave me is it is relevant but not sufficient. I have gone thru the ABS website about the tasks and responsibilities with my boss and wrote the letter. My position is Assistant Accountant ( I graduated last Feb and got this job). Here are my letter of job and tasks description.

Professional duties and responsibilities are including, but not limited to:

 Producing monthly financial and management reports and other reports as required to

support management decision making.

 Reviewing and analyzing variances, discrepancies of balance sheet accounts and

doing balance sheet reconciliations.

 Examining operations costs and income of the company.

 Managing journals and posting such as wages, standard, accruals and prepayments to

ensure the expenses are recorded correctly.

 Preparing of annual Fringe Benefit Tax Return, monthly GST return and Tax Return

for Canterbury Windows as well as assisting with end of financial year audits.

 Performing weekly bank reconciliations.

 Managing fixed assets register.

 Processing of employees’ reimbursements and credit card reconciliations.

 Maintaining internal control of the company:

o Organising biannual stocktake and fornightly cyclecount of inventory

o Analyzing stock variances and work in progress.

o Managing stock file, movement of stocks against purchases; recommend on

o Analysing purchase price variances

o Monitoring and performing credits to the customers.

o Ensuring correct procedures are followed for goods return by customers.

better internal control systems.

Could anyone light me up? I am so disappointed. Does the title really matter as my company is happy to change my title?


730 Posts
As they said, it is relevant. Not sufficient maybe because of less number of hours worked per week than the standard hours required?

7 Posts
my qualification assessed by the IPA is negative as below core knowledge areas are missing

1) Financial Accounting and Reporting (compulsory)
2) Business Law (including Corporate Law) (compulsory)

from where can I take these courses.
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