What Do I Need to Do to Become a Qualified Accountant?
Accounting often gets a bad rap for being a boring and monotonous profession. When one thinks of accounting, images are conjured up of a person sitting in front of a desk all day, crunching numbers with furrowed brows at the headache of balancing the figures on the sheets piled in front of them. This couldn’t be further from the truth, however.
Accounting is more than just crunching numbers. It is a dynamic and essential area of business that requires being fully involved with the business you provide services for by applying high analytical and decision-making skills to give proper advice and support that can boost a company’s financial wellness and growth.
Accountants deal with a broad range of people. From working with the finance team, to establishing trust with clients and other stakeholders, these professionals must possess the interpersonal skills required in working with other people on a regular basis. So contrary to myth, accountants aren’t just staring at balance sheets all day.
That said, some people may be better suited to a job in accounting than others. If you’re thinking it’s because some people possess greater aptitude for mathematics than others, this is not necessarily the case. While it’s handy to be good with numbers, you don’t have to be a math genius to work in accountancy. Your proficiency at adding and subtracting numbers doesn’t have to be greater than the average person. What you do need is the capability to analyse numbers and their implications on a business’ financial wellness. Albeit, if you’ve always been interested in subjects like accounting, economics and other business-related subjects, you will enjoy accounting as a career more than other people who aren’t more readily interested in these subjects.
Once you’ve decided that accounting may be a profession suited to you, will have to obtain the necessary qualifications. To become a fully-qualified accountant you will need to be CA (Chartered Accountant) or CPA (Certified Public Accountant) qualified. And in order to be eligible to study for CA or CPA qualifications, you will need to have a degree in business or commerce that is accepted by either of these two organisations. You can obtain an accounting role even with an undergraduate relevant degree, landing a junior position within a company at most; but if you want to pursue career growth toward becoming a future business leader, you will need the qualifications of a CA or CPA.
There are many types of accounting roles that you can choose to specialise in. Some accountants are dedicated to tax returns. Others may work as auditors, expressing their opinions as to the accuracy of a company’s financial statements. Still others will focus on looking after compliance obligations of businesses, or act as consultants in assisting organisations in decision-making processes.
The career path of an accountant has huge potential for growth. Every company in every industry needs an accountant, so you can be assured that there will be no shortage of accounting jobs. Furthermore, you don’t have to work in an accounting firm. You have the liberty to choose which industry you would like to take up an accounting role for.
There are also various levels of accountants. There are bookkeepers, financial accountants, and there are management accountants. Passionate graduates often even aspire to someday become the Chief Financial Officer of a reputable company.
Hopefully, this article has inspired you in the knowledge that accounting really is so much more than just number crunching, and that a multitude of work and career growth opportunities abound in this occupational field.
At Education Training and Employment Australia (ETEA) we can help you gain the necessary qualifications to obtain a professional role in accountancy wherever you may choose to work. Our reputable institution conforms to high Australian educational standards, so that your potential future employers can be assured of the competency you can provide them in your services.
We offer courses in FNS50217 Diploma of Accounting, FNS40217 Certificate IV in Accounting and Bookkeeping and FNS60217 Advanced Diploma of Accounting to get you on your way toward a fulfilling career in this sought-after profession by businesses everywhere. Enquire with us today.
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