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

which is the best country to do ms in construction management

 Thank you for replying and for your suggestions  as u told to do in nicmar but I have dought that after studying 2 years nicmar is not givi .. read more

I am from commerce background but I have a interest in health and wellness field..I have two options for that...one is ba yoga and other one is food and nutrician ...how can I apply for that?

Dear Aspirant, Have you completed your commerce graduation or about to complete? Anyways, you are not eligible for food and nutrition courses on the b .. read more

I HAVE DONE MY GRADUATION IN B.A. (P) WITH 40%. WHAT CAN I DO NOW.

Dear Aspirant, Having 40% in your graduation and that too of commerce which is a scoring stream is really a problem area. The fact is all courses gene .. read more

hello sir.. m a clss 12th studnt.. my Subjcts are PCM wth computers.. nd m totally confusd abt wht fiekd to choose! civil service, fashion desgng nd law are some options tht m thnkng abt.. but reachng No whre!

Dear Aspirant, You are looking at complete non science career options. What made you look at them and how did you come across them being into the scie .. read more
Most Popular

If I start as a Computer Engineer, where should I see myself after five years, given that I keep working in same field?

Hi Swarali, Good question! In 5 years time; if you are working for a large Computer organization; You are likely to end as one of the following; 1. Sp .. read more

Do 12th board marks have any importance in jee mains

Hello, Thanks for Asking...!!   The Union Ministry of Human Resource (HRD Ministry) has decided that Class XII marks will not be a factor for det .. read more

I want to become a Bio Technologist. What is the eligibility criteria for that?

To become a BIO Technologist, Take a science in a high school: You have successfully completion of 10+2 in science After you can opt the graduation co .. read more

What are the off-campus placement opportunities for a Electronics & Communication Engineer student?

being as an engineer there are lot off opportunities , first of all you make a point where you want to build your career 1. software testing 2. softwa .. read more