The social and economic concerns of multinational businesses require clear communication of various accounting records. Individuals who wish to become knowledgeable in the practices and theories of international accounting might do so by pursuing an academic course in this subject.

Australia has a subsidized higher education for students pursuing the undergraduate degrees. They also give loan and grants for the post graduate students. Higher learning starts at undergraduate degree level to a doctoral degree offered in any field of study.

A bachelor's degree is given to students who fulfill the necessary requirements given by the college or university they are attending. The requirements include three to seven years of focus on a subject, typically referred to as a major or concentration.