Description of the job
The job description of the certified accountants which is normally assigned to the people who are employed in this field:
• To oversee the recording and entering data on the topic of sales, profits, revenues, taxes, tax savings, cash flow, financial transactions and other stuff related to accounts.
• To prepare balance sheets regularly or say daily, weekly or monthly as required.
• To interact frequently with the department of finance.
• To hold meetings with other officials of the company for preparing the company's budget for the forthcoming financial year.
• To keep records of the economic statements and other financial testimonials those come to be passed in the business.
• To manage the entire department of accounts with regard to the book keepers, accountants, auditors and chartered accountants.
• To ensure that each and every accounting method being used is legal and legitimate.
Certified accountants are employed in various sectors including the public practice corporations, commerce, industry as well as the public sector.
Educational requirements
The field of chartered accountancy can be accessed by any graduate, however the degrees related to business and extra subjects like mathematics, arts, science, social science and languages are strongly embodied.
Bachelors in finance
A degree of bachelor's in commerce with taxation or accounts or any relevant field taken as a main subject from any recognized university or college.
Masters in finance
A degree of masters in finance or commerce from a recognized college or university is also acceptable.
A master's degree with a specialty in finance can prove to be a plus point for the certified accountants.
Certification and training
Several certification as well as training courses are being offered to the professionals in the field of accountancy. These courses are of short duration and are offered by many institutes. The industry of accountancy is highly cutthroat. There is a greater scope for the diplomats and graduates although the graduates are given more preference over the diplomates.
Work experience can also be very helpful for an applicant for the job of an accountant.
Salary
The salary earned by accountants, though different in different organizations, is good enough. It keeps on increasing when the experience increases. The median salary of the accountants ranges from $30,000 for the people with an experience of 0 to 1 year to $96,735 for those who have an experience of more than 20 years.
The need for accountants is there in each and every company. Thus, there is going to be a wide scope for the account management professionals.
