How to secure a concrete career in Accountancy?

A career in accounts in today’s world is considered to be a strong career for individuals coming from the commerce background. Thus, it requires the right education, background skills and also adequate experience to prosper in the concerned field.

The basic educational eligibility for candidates wanting to pursue a career in accounting fields is as follows:

1. Must possess a bachelor’s degree with a focus on accounting.
2. Candidates, who wants to work for the public accounting firms has to pass the Certified Public Exam (CPA).
3. At least 150 college credits required for appearing for the above mentioned Certified Public Exam (CPA).

Important Colleges

• Shri Ram College of Commerce, Delhi
• Loyal College Chennai
• Christ University, Bangalore
• St. Xavier’s, Mumbai 

Responsibilities

An account or an auditor is always entrusted with data which are personal as well as financial and are sensitive to the concerned individual or group of individuals. The primary job of the accountant or auditor is to earn and keep the trust which has been laid upon.

Following are the responsibilities which an accountant or auditor should always follow strictly:

• Organization skills:  You need to be self managed and organized as this will play an essential role in helping you to deal and compile with all the important data which has been provided to you.
• Time Management:  It is very important to manage time according to the work which has been laid upon to you. Work efficiency also includes the time frame in which you have to complete the given work. Thus, you need to stay calm and manage small time periods which you will be completing  segment of the work. This process will help you in achieving the total work in the required time period.
• Problem solving skills:  You need to be a very efficient problem solver if you have to prosper in this field. The reason being, you will be coming up through several situations where you will need to make many crucial decisions and also solving puzzles to get the desired outcome.
• Communication skills: One should have proper communication skills in order to understand the problems that your customers are facing. Also when you are a manager you must understand that the other executives would depend on you for a voice when facing a problem.
• Listen: As important it is to speak when required it is equally important to listen to what people are saying. You have to understand that listening would not only help your career but also make it better for you to shape others in future.

Pay Bracket

The basic paying bracket for an accountant generally depends on the amount of experience that you have gained over the years. For beginners the salary ranges from somewhere between Rs. 2 Lakh but when they gain an experience of about 5-10 years it increased steadily and can range up to Rs 4.5 Lakh even.

This article gives you an insight about the career sector for accountants and if it is a perfect career for you. However the last call should always be of the candidates!