An accountant is a practitioner of accounting or accountancy. The measuring, processing, and sharing of financial and non-financial information regarding economic entities like enterprises and corporations is known as accounting, also known as accountancy.
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What is an Accountant?
An accountant is a person who records business transactions on behalf of an organization reports on company performance to management, and issues financial statements.
What are the different career/profession/job options available for Accountant?
Private Accounting Jobs:
Accounts Payable/Receivable Clerk
Accounting Information System Specialist
Actuarial Accountant/Insurance Accountant
Environmental Accountant/Sustainability Measurement
What is the basic Qualification Needed for Accountant?
1: Bachelor’s Degree
Minimum education of bachelor's degree in accounting is required to start career as accountant. Starting a career in accounting, first step exist is to pursue an undergraduate degree in accounting
One can pursue diploma courses, bachelor's level, master's level and doctorate level education in
What is the scope of a career of Accountant in India?
The scope of Accounting is wide and extends in business, trade, government, financial institutions, individuals and families and every other arena. The accounting principle is used in every step.
Many think the accounting scope is only limited to financial transactions of a business concern but in fact, it is not true.
Lucrative jobs available for chartered accountants in India as well as in foreign countries. One can choose teaching profession in this field. Job opportunities are available in accountancy firms, insurance companies and banks. You are also employed in private organizations or companies.
What are the types of Accountant?
Certified Public Accountant
What does an Accountant do?
These are among the many tasks that accountants perform for their clients:
Organizing and maintaining financial records
Evaluating financial operations and making recommendations to management about best financial practices
Examining account books and accounting systems to make sure they are efficient and conform to accepted standards and accounting procedures
Preparing tax returns and related tasks
Examining financial statements to make sure they are accurate and meet legal requirements
Suggesting ways to increase revenue, reduce costs, and improve profits
What are the top universities in India to study to be an Accountant?
SRM University Chennai - SRM Institute of Science and Technology
UNIPUNE (Pune University) - Savitribai Phule Pune University
Manipal University, Jaipur
Presidency University, Bangalore
Annamalai University, Annamalai Nagar
What are the top universities in Abroad to study to be an Accountant?
London School of Economics and Political Science (LSE)
University of Oxford
University of Cambridge
Massachusetts Institute of Technology (MIT)
University of Melbourne
University of California, Berkeley (UC Berkeley)
What subject will be best/suitable/relevant for Accountant?
The four main accounting subjects are-
These subjects and their topics are taught in depth basis the branch and specialization of the particular accounting course
What course will be best/suitable/relevant for Accountant?
Bachelor of Commerce
Masters of Commerce
Association of Chartered Certified Accountants
US Certified Public Accounting
Diploma in Accounting
Cost Management Accounting
What are the entrance Exams for Accountant?
CAI Exam 2022. Institute of Chartered Accountants of India
SAT India 2022. Scholastic Assessment Test - India.
Christ University Entrance Test CUET. Christ University Entrance Test
CMA Exam 2022
CFA Exam 2022
AMU Entrance Exam 2022.
How much year will be required for study of Accountant?
In general, it takes four years of study to earn a degree in accounting.
Accounting Concentrations: Business
Management Concentrations: Statistics, finance,
CPA Preparatory: International finance, information
Which skills Required to be in an Accountant?
Strong written and oral communication
Organization and attention to detail
Analytical and problem solving skills
Mathematical and deductive reasoning
Proficiency with Microsoft Office Suite
Which type of personality is best for Accountant?
The ESTJ personality type is typically dependable, structured and practical, which are good qualities for an accountant. These “overseers” have an inclination to extroversion, with strong sensing, thinking and judging functions.
Which is the top/best companies offering job in Accountant?
Tata Consultancy Services
What are the pros & cons / Advantage & disadvantage of working as an Accountant?
A stable and growing field
Clear career path
The potential demands of ongoing education. While completing an accounting program will establish a solid foundation for you to build a career on, the field isn't frozen in time.
The work can seem dull
There is a busy season
The work can be stressful.