Guide to Becoming a Chartered Accountant
There will come a time in your life when you need to choose the career path to take, and one of these paths leads to becoming a chartered accountant. What is good about being a chartered accountant is that you don’t follow a rigid work schedule, you can earn a lot of money, and you can make a difference in the lives of others.
Becoming a chartered accountant sounds like a really interesting and fulfilling career path. If you are somehow encouraged to take this path, you need to follow some steps to ensure that you will take the right path for your career success.
The most important thing about having a career is that you should be educated in the field that you are planning to enter before you do enter it.
The chartered accountant field consist of several different specialties that you can focus on. There is an accountant specializing in auditing. Another specializes in chartered management accounting. Being a chartered public and finance accountant is another specialization of chartered accountants. You should have your education and training based on the line of specialty you would like to take.
A bachelor’s or associate degrees are required to have a position in the chartered accounting industry. If you are going to take a degree make sure that it is something connected or important to the industry and it should at least be connected to business, economics, or accounting. But if you have a different degree, then you can still take additional courses so that you will improve on your accountancy skills. You can take up courses on business, accounting, auditing, and finance which many local and online colleges are offering.
So, when you have already earned your degree, the next step is to enroll in a training course specifically designed for chartered accounting. This training course can be taken online or in person and it will help you improve your skills needed for you career. Preparing for your chartered accounting exams is included in these training classes. In order to become a professional chartered accountant, you need to pass these exams.
You need at least three years working experience in a professional setting in order for you to become a part of a chartered accounting program. In order to fulfill the requirement you can ask your university, college, or your local chartered accountant association to let you work as an intern.
The qualifying exam can be taken only after you have earned your degree, undergone training, and worked as an intern in your school or in your local chartered accountant association. Testing can even last up to three days depending on where you are taking it. And, in order to become a full-fledged chartered accountant, you need to get a passing mark in your tests.
Now, upon passing your tests you are ready to take on the challenges of a chartered accountant. There is a high demand for chartered accountants all over the world. Follow the guide above and you would soon be living out your career dreams.