How To Become An Accountant
How To Become An Accountant
Sherridan Hughes talks about how to become an accountant
Hello! I'm Sherridan Hughes. I'm a career consultant with career analysts. I'm going to talk to you today about how to getting to various careers.
This is how to become an accountant. There are many different types of accountants. Charted accountant enter into a training track with an employer.
Very often professional practice, but sometimes actually with businesses. They are the accountants who will come in and ordeal it or validate or rubber stamp the accounts of companies. There is also the charted certified accountant root where they are not actually tied in to a training track, but where you will be doing very similar work looking at financial systems and processes, and perhaps less involved with ordity and as well as the charted accountancy.
Public finance accountancy is again very similar mostly one would be working for a public organization. But sometimes one might be working for a professional practice or while one of the big accountancy firms are specializing in the public finance. They would be not only looking at ensuring that the company runs with the public sectoral organization makes best use of pubic funds.
But they may also be looking at various projects and ways of financing for example the building of a new hospital. Management accountants are much more involved in the broader running the business than looking at the marketing strategy and how to fund that, and they're also looking at financial control and using money from here and over there to fund a certain project, or an aspect of the business. So, they are very much more seen as business partners and working inside the other human resource marketing, IT, etcetera divisions.
Management accounting can be quite routine and that one will have end of month returns and review of returns that are quite cyclical. But equally, charted accountant have its routine and element of being very oriented towards auditing for the last few years. All accountancy qualifications are very valuable in providing a good solid base for a career be it in a business or a public sectoral organization.
It's a very solid foundation and a lot of people will use it to as a stepping stone from moving upwards, and so people start in charted accountancy may well then specialize further in forensic accounting or in consultancy or corporate finance, but equally, they might move internally with an organization. And then move up in as financial directors or corporation directors, and even eventually become a CEO company. Accountancy is a field where for more professional qualifications are very important.
There's huge competition for places particularly with the big four, not only are they now asking for people with, you know, solid 2-1 degrees. But they also maybe insist on 280+ points and of another evidence of prowess. Once into the job, it is important to apply very early in the primary year of the degree course and b- make sure the holidays you're spending time on internships and getting to do various relevant to work experience and once into the job, you then have a good 3 years of formal study on top of your heavy workload to get the professional accountancy qualifications.
Many of the big four accountancy firms will also ask you to leave if you fail your examinations and you will then be either rethinking your career or having to find another training contract. It is possible to train on the job without a degree. Most people entering at a lower level would start with the association of the accounting technicians qualifications and they will be having gained that then progress from there and study for the relevance where it be public finance, charted accountancy, or management degree, accountancy, etcetera, they would then move on and study for those qualifications subsequently.
Accountants clearly need to be very numeric and analytical careful attention to detail but increasingly, it's the people with the people skills that are promoted most rapidly. You need to have