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What Is Involved in Becoming a Chartered Accountant

If you are choosing becoming a chartered accountant as a career path, then you should know how to proceed in becoming one. What is good about being a chartered accountant is that you don’t follow a rigid work schedule, you can earn a lot of money, and you can make a difference in the lives of others.

Being a chartered accountant has many perks, and it sounds like a really interesting and fulfilling career path. To ensure that you will take the right path for your career success, you need to follow some basic steps.

Before entering a career you should undergo education in the field which is the most important thing about having a career.

If you take on the chartered accountant field, there are several different specialties that you can choose. An accountant can specialize in auditing. Another specializes in chartered management accounting. And there is also a charatered public and finance accountant. You line of specialty will determine the type of education and training that you need to take.

A bachelor’s or associate degrees are required to have a position in the chartered accounting industry. There are certain areas of focus that are important in this industry and these are business, economics, or accounting. if your degree is other than related to accounting, you can still improve on your accountancy skills by taking additional courses that will help you with this. You can take up courses on business, accounting, auditing, and finance which many local and online colleges are offering.

So, when you have already earned your degree, the next step is to enroll in a training course specifically designed for chartered accounting. Whether you take your training live or online, this will help you improve your skills in chartered accounting. Preparing for your chartered accounting exams is included in these training classes. Passing these exams will help you become a certified professional chartered accountant.

In order to become a part of a chartered accounting program, you are required to have at least three years working experience in a professional setting. In order to fulfill the requirement you can ask your university, college, or your local chartered accountant association to let you work as an intern.

The qualifying exam can be taken only after you have earned your degree, undergone training, and worked as an intern in your school or in your local chartered accountant association. Testing can even last up to three days depending on where you are taking it. If you get a passing mark in your tests then you become a full-fledged chartered accountant.

You will be ready to work in the real world once you have completed your studies and tests. There is a high demand for chartered accountants all over the world. Follow the guide above and you would soon be living out your career dreams.