Pranathi Dandu

What are the common myths about Chartered Accountants and their work?

I want to knwo about such myths to make my mind

by Pranathi Dandu
1 answer
| Share :

1 answer

RE: What are the common myths about Chartered Accountants and their work?

Deepak Rana
Deepak Rana
Verified Career Expert
Author: Sky Beyond the Clouds
  • Kangra

There are quite a few myths prevalent about the Chartered Accountants. You mention a Chartered Accountant and people start thinking of number crunchers and that's all. Below are the few myths that people have:

1. Chartered Accountant only work on Historic Data:
This is what many people think. To start with - yes they do work on historic data. But that's with the purpose of doing the analysis and predict the trends for the future. Accessing the historic records is important for that purpose but that's not the only data they work on.

2. Chartered Accountant = Number Cruncher:
This is very common misconception among many people. Playing with numbers is something that most Chartered Accountants love, but that's not the only thing they do. They constantly work with the clients, ask them the relevant questions and then do their analysis. It is this analysis where stats and numbers are important, not in all their work.



3. Chartered Accountants are not Business People:
When people think of Chartered Accountants they assume that CAs have limited role in making business decisions. However that' not true. They understand the business and have great expertise in financse related subjects. They are often consulted before taking a business decision.

4. Chartered Accountants don't have fun at work:
This is a myth that is common among the people who belong to outside Chartered Accountancy world. They think that the CAs are always in to their laptops and working with numbers. One should remember that the work requires a great deal of creativity and innovation. Gone are the days when all they did was - working on the numbers. Their role is much more prominent now. Besides work - They get in to all kind of fun activities at work place and enjoy their time.

In order to post replies to the question: "What are the common myths about Chartered Accountants and their work?"

Post Reply

Latest ANSWERS

Rules and regulations for Indian Army?

Hi Rahul I am Virender Singh Kadian - Armed Forces Lawyer in Delhi High Court, Armed Forces Tribunal (Principal Bench) If you want to know about India .. read more

CA course is hard or easy ? I not register myself for CPT yet after compliting 12th commerce can I register now its ok

Yes, CA - it's very simple to pass chartered accountant (CA). It's quite simple as compared to tenth and twelfth Board examinations. So as to clear ch .. read more

Ph.D Nursing entrance questions for nursing research, education and administration?

Nursing research   .. read more

What is the difference between B.Tech and polytechnic engineering courses?

The basic of distinction between a polytechnic engineering and B.Tech program is that a B.Tech could be a degree course whereas a polytechnic institut .. read more
Most Popular

CA course is hard or easy ? I not register myself for CPT yet after compliting 12th commerce can I register now its ok

Yes, CA - it's very simple to pass chartered accountant (CA). It's quite simple as compared to tenth and twelfth Board examinations. So as to clear ch .. read more

What is the difference between B.Tech and polytechnic engineering courses?

The basic of distinction between a polytechnic engineering and B.Tech program is that a B.Tech could be a degree course whereas a polytechnic institut .. read more

What can I do to become a CID Officer?

cid kaise join kre after 12th full information  .. read more

Best courses after B.Com to make a good career

On a genuine note, simply finishing your graduation isn't proportionate to an incredible profession. You need more noteworthy information and a superi .. read more
Caching Date: 8/24/2019 5:31:32 PM