what degree should i take to become a charted accountant or private practice accountant? pleeeeeeeease answer.?
i want to be a charted accountant or private practice accountant because they earn a lot of money. now what degree should i take at university to become one of those. for example should i take a degree in accountancy or maths or finance or accounting and finance. pleease answer. thanks.
Higher Education (University +) - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Being a charted accountant or private practice accountant is a fabulous idea
Answer 2 :
Chartered Accountants work in all fields of business and finance. Some are engaged in public practice work, others work in the private sector and some are employed by government bodies. Chartered Accountants Institutes require members to undertake a minimum level of continuing professional development to stay ahead of their peers. They facilitate special interest groups - lead academic and professional thinking in accountancy. They provide support to members by offering advisory services, technical helplines and technical libraries. They offer opportunities for professional networking and career and business development. In the United States the approximate equivalent is the certified public accountant. In India, the profession of chartered accountancy is regulated by the Institute of Chartered Accountants of India which was established by Parliament under the Chartered Accountants Act of 1949. The ICAI is responsible for examinations and licensing of its members. ICAI is the second largest body of professional accountants in the world, with more than 160,000 registered members. Members are awarded the "CA." designation, to be placed just before their names, e.g. CA. John Doe. They are also authorised to use the descriptive words "Chartered Accountant". After the Chartered Accountants Act, 1949 was passed, the term Chartered Accountant has been used in place of Indian Registered Accountant. In this case, therefore, the term "Chartered" does not relate to a Royal Charter as in the case of the UK or Australia, as there is no Royal Charter in the Republic of India. Any student who has passed his 10th Standard can join the Chartered Accountancy Course offered by ICAI. One has to pass three stages of examinations, namely, CPT, IPCC and FINAL. The CA qualification is awarded after passing these examinations and completing three years of articleship training (apprenticeship).This is to ensure that trainees have a mix of theoretical and practical training before they become members. The minimum duration of the entire course is four and half years.
Answer 3 :
You can be a chartered accountant without going to university by doing an ACCA course, which involves work based training in an accounting firm. If you're 100% sure in becoming an accountant, then you can do the ACCA course. If you want to keep your options open, you can do a degree related to accounting, maths or finance, where you can go into different careers. In any case, you don't have to have an accounting degree to be an accountant.
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