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Overview
Do numbers intrigue you? Would you like to manage the funds of large organizations? That as well as would you like to assume a critical part in saving an organization if there should arise an occurrence of debates or liquidation? Then, at that point, a vocation as a charted accountant can be your go-to professional choice. It is one of the ideal vocation choices for understudies from the business stream.
Categories
Roles & Responsibilities
As a chartered certified accountant, you'll need to:
- prepare financial statements, business plans, commentaries, and budgets for management or client reports
- regularly undertake audits, involving the examination of the organization’s accounts, analyzing risk, inspecting the organization’s current practices, investigating any financial irregularities, and recommending improvements
- review, implement and adapt new and existing financial systems and controls
- produce and analyze annual and monthly accounts
- provide regular financial reports
- manage expenditure, credit, payroll, and investments
- liaise with clients (individuals or businesses) or non-financial members of staff, providing financial information and advice
- advise managers on financial policy and control, such as the costs and benefits of a particular project
- deal with and advise on tax issues, ensuring compliance with tax legislation
- advise clients on areas of business improvement, or deal with insolvency
- negotiate business terms with associated organizations such as suppliers.
Required Personality Traits
- Detail Oriented.
- Trustworthy. ...
- Highly Organized. ...
- Flexible. ...
- Straight Priorities. ...
- People Person. ...
- Collaborative...
- Committed.
What Skills Do I Require?
- general all-round business interest and knowledge
- commercial awareness
- self-motivation and commitment, to combine working and studying
- strong written and verbal communication skills
- the ability to communicate with people from all backgrounds
- good interpersonal and negotiation skills
- organizational and time management skills
- methodical approach
- IT proficiency
- strong analytical, problem-solving, and accuracy skills
- excellent numeracy skills
- flexibility and adaptability
- leadership qualities and effective teamworking skills
- a proactive approach and ambition
- tact and discretion
- integrity and trust.
Work Opportunities
- public sectors - such as local and central government, National Audit Office, HM Treasury, health and educational institutions, charities, and not-for-profit organizations
- corporate sector - including major commercial companies, such as those in the pharmaceutical, retail, energy, and manufacturing industries
- financial services - including fund management organizations, general insurers, building societies, banking (investment and retail), life insurers, and insurance brokers
- public practice - including international professional services organizations such as the Big Four (PwC, Deloitte, KPMG, and EY) or smaller accountancy firms, known as small and medium practices (SMPs), which all provide a variety of accounting and business
Growth Prospects
- Entry-level Chartered Accountant: As a chartered accountant who is just starting one is required to understand corporate finance, banking, fundraising, coordination with banks, risk management, and a plethora of other activities. They often do the research and are supervised by mid-level chartered accountants.
- Mid-level Chartered Accountants: Those who have gained some years of experience come under this category and are responsible for a variety of things. They do tasks such as preparing cash flow, monitoring or executing various financial compliances, supervising those under them, and coordinating with other teams.
- Senior-level Chartered Accountants: Those chartered accountants who have gained some considerable amount of experience in the field are the top guys. They bring in business, design a financial strategy, and supervise those below them. Often the senior-most chartered accountants have their firms.
Indian Colleges/Universities
| College Name | City | Average Annual Fees | Average Placement Offer |
| Christ University | Bangalore | INR 2,20,000 | INR 6,85,000 |
| Symbiosis College of Arts & Commerce | Pune | INR 28,000 to 68,000 | INR 4,00,000 |
| Apeejay Stya University | Gurgaon | INR 2,60,000 | INR 4,68,000 |
| Sharda University | Noida | INR 1,64,000 | INR 11,00,000 |
| Global Centre for Entrepreneurship & Commerce | Jaipur | INR 65,000 | INR 7,00,000 |
| Gauta | Visakhapatnam | INR 90,000 | INR 4,50,000 |
| Graphic Era Hill University | Dehradun | INR 1,50,000 | INR 5,80,000 |
| Manipal University | Jaipur | INR 1,70,000 | INR 6,20,000 |
