Accountant : Accountancy - The Right Career Choice
By: Lorabella Thursday May 17 2012
Map: Home | Accountant - Date Submitted: 2010-10-30 14:06:45 - Views: 446
Doctors, engineers, professors, and accountants. What is common to them is that they do not need any validation as conventionally reputed, respected, well paying jobs that anyone would want to take up (not that these are only jobs people would love to do).
It is not a hidden fact that accountants earn well, have a great cabin in the work place, and generally end up doing very well for themselves.
The work of an accountant requires you to not only be comfortable, in fact great with numbers, but also organized, and meticulous.
An accountant is responsible for maintaining records, analysing, interpreting, assessing and auditing all the financial transactions and statements of a firm, and thus integrity is also an important issue.
Apart from all this, of course, formal knowledge of accounting principles and a sound knowledge of financial statements and what they entail is mandatory. An accountant also has to ensure, with the financial statements as proof, that the firm is in good running condition, so as to keep the financiers, investors, suppliers and all those involved in the company well updated about the financial performance of the company or firm.
Apart from the formal education, and certain personality traits, certain other criterion needs to be met before you can work as an accountant. An accountant may work under the designation of a Chartered Management Accountant, International Accountant, Public Finance accountant, Public Accountant, Incorporated Financial Accountant etc. However, all of these require membership of the different governing accounting bodies; which requires the members to take tests and have work experience in the specified field of accounting.
The membership also implies that the accountants will work in accordance with the policies, norms and practices of the governing body. Financial accounting done by individuals that aren’t members of the governing bodies is not considered legal, and thus membership is mandatory if you want to work as an accountant.
Becoming an accountant thus requires a lot of hard work before you can enjoy the perks of the profession (which more than make up for all the effort). It is only after completing the formal education, clearing the tests and work experience required by the governing accounting body, that you can practice accountancy legally.
The work of an accountant, though different from a book keeper and auditor, involves analysing, maintaining and assessing financial statements of a firm to maximize profit. An accountant can choose to specialize in the various branches of accounting finance, cost, tax, fund, management, etc. Accountants specializing in specific fields are desirable because that helps ensure competence in various areas of accounting.
While some accountants work with a particular firm, there are others who work on contracts for different firms and offer their services as and when required. However, the basic qualifications for being an accountant remain the same. The ACA (Association of Chartered Accounts) is one of the most reputed bodies for studying accountancy. Though graduation is not essential, it is definitely desirable. A training period is mandatory in all institutes, and as a trainee, you may even earn some stipend while interning.
However, once all this is done, there is no stopping you from being a part of a profession which brings a handsome salary, prestige and reputation and growth prospects. Not meant for just anybody, the accounting profession calls for a mind well trained in dealing with finances and sound management of the resources, expenses and profits of a company. If you fit the bill, rest assured there will be no looking back.
Business owners, whether they are involved in small businesses or big ones need to prepare their accounts for auditing and taxes The process can be elaborate, complex and time consuming and taking professional help is advised. Viewed: 359 Times. Read More ...
This is a great time to find a career as a professional accountant. If you have graduated from college and are looking for an accounting job, there are few things you can do to narrow down your search.
Viewed: 367 Times. Read More ...
Before making some high and lofty plunge into a career you know nothing about you might want to consider a few things and make sure your desire to be an accountant is strong enough to pull you through the commitment that's needed.
Viewed: 377 Times. Read More ...
Accountants have a promising job outlook as the accounting profession continues to grow. Able to specialize in a variety of areas, accountants can really follow their passion in life.There are a lot of different careers in the accountancy field. Viewed: 380 Times. Read More ...
There is no denying that the work of an accountant is no child’s play It is not everybody’s cup of tea to deal with financial resources, profits, balance sheets, accounts, ledgers, like a whiz and assess the profits and loss of a company. Viewed: 386 Times. Read More ...
IT security teams have a hard time these days, especially with the new security threats popping up each day. However, keeping company data shielded against threats is not their only concern... Viewed: 281 Times. Read More ...
Are you planning to develop a career in Network and system administration. These are certainly quite sought after job positions in today's professional world. Viewed: 326 Times. Read More ...
A quick 101 on the music industry is helpful before you can decide where you fit in. There are of course the artists and the bands, the most obvious and definitely most glam. However, getting there is also perhaps the most difficult and requires oodles of talent, with a generous helping of sheer luck. Viewed: 357 Times. Read More ...
Business owners, whether they are involved in small businesses or big ones need to prepare their accounts for auditing and taxes The process can be elaborate, complex and time consuming and taking professional help is advised. Viewed: 359 Times. Read More ...
There is no denying that the work of an accountant is no child’s play It is not everybody’s cup of tea to deal with financial resources, profits, balance sheets, accounts, ledgers, like a whiz and assess the profits and loss of a company. Viewed: 387 Times. Read More ...
Accountant
Print
![[Valid RSS feed]](http://www.howtobecome.info/articles/images/blackrsslarge.png "XML Feed For RSS")
