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TAFE teams up with accounting software provider

The Institute of Public Accountants has welcomed TAFE NSW’s partnership with an accounting software provider, believing it will better prepare graduates to be industry-ready.

TAFE teams up with accounting software provider
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Reckon has partnered with TAFE NSW, giving access to Reckon One for bookkeeping students enrolled in a Cert IV in Bookkeeping and Cert III in Business Administration that is completed online.

TAFE NSW had previously only used MYOB in its courses, and decided to follow through with Reckon following a successful pilot programme in 2017.

IPA chief executive Andrew Conway said the partnership was crucial in a time of significant change in the sector.

“It is now essential that those looking for a career in the finance sector are familiar with multiple software systems,” Mr Conway said.

“TAFE NSW has shown great foresight in recognising this change by updating its courses to teach students how to use cloud-based software, helping them prepare for a job in the bookkeeping industry.”

Reckon Australia and New Zealand managing director Sam Allert said the move follows demand from the accounting and bookkeeping industry for graduates with experience using multiple software platforms.

“This partnership has been designed to provide students with confidence to move forward in contemporary accounting business practices by offering the right foundation and all the bookkeeping principles needed to run a business,” Mr Allert said.

“Upon completion, students will be able to use Reckon One efficiently, have the practical skills needed to interpret data and then make strategic business decisions.”

General manager of TAFE NSW Digital Megan Aitken said businesses of all sizes were focused on efficiency, particularly through shifting more work to the cloud.

“While a decade ago there were only two major software programs used in the accounting and bookkeeping industry, the market has changed and there are now several platforms in common use,” Ms Aitken said.

“Many major accounting firms are rethinking traditional graduate recruitment pathways, which have long relied upon those with university qualifications.

“The finance sector is fast recognising the need for graduates that have both theoretical knowledge and hands-on training – TAFE NSW is providing both, ensuring students will hit the ground running from day one on the job.”

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