Not yet registered? Create a OverBlog!

Create my blog

How to become an accountant

Before you pursue public accounting, you should have a clear idea of what it is you want to do. An accountant handles bookkeeping and tax, while a CPA does the functions of an accountant plus other tasks. Many CPA's expand into a number of endeavours; they are considered one of the toughest career choices as far as education is concerned.

What Is A CPA?

A CPA is a Certified Public Accountant. This qualification proves that you have an understanding of accounting practices and fundamentals. CPA's also understand the laws, rules and regulations of accounting. The general assumption is that a CPA accountant's job is to file tax returns because of the number of them that do so during tax season. However, this is a matter done in private practice only.
What Is required to become a CPA? To become a qualified accountant, you are required to pass an exam formed by the Boards of Accountancy, which is typically regulated and varies based on state. You can begin by taking a CPA course at a community college in your area, or online if your schedule is busy. Once you have your CPA, other careers in accounting are available, like an auditor or many financial positions such as brokerage and investment firms. As a CPA, you are required to continue education every two years, usually for 80 hours to stay updated on rules and regulations. What Is an accountant? An accountant is an educated individual who manages the transactions and accounts of a business as well as managing tax records. At minimum, an accountant is good with numbers, has excellent attention to detail and knows how to balance the sheets of a general ledger. To become an accountant, one should begin taking accountant courses in high school if at all possible. This covers basic accounting fundamentals such as arithmetic, spending reports and how to manage a general ledger. After high school, college course can be taken online or in on campus.

What are the different types of accountants?

In the British Commonwealth (U.K., Canada, New Zealand, Australia), there are different types of qualifications for an accountant to achieve. ACCA in the UK is one of the most recognised, standing for Association of Chartered Certified Accountant. Another popular one is the ACA qualification, or CA, which is a Chartered Certified Accountant, or Chartered Accounting. There is an added responsibility in becoming a CCA or CA accountant. If you are interested in how to become a chartered accountant, start by studying to be an ACCA, as you can become a part qualified accountant just by beginning the program. There are also online courses and classes on campus that specialise in obtaining your accountant goals.

Same category articles Accounting

A guide to term deposits

A guide to term deposits

This article briefly describes what a term deposit is, its advantages and disadvantages. This low-risk, moderate return investment vehicle can also act as a savings toll and a source of income for the patient investor. This article provides you with a guide to term deposits.
How to join the Institute of Chartered Accountants

How to join the Institute of Chartered Accountants

The Institute of Chartered Accountants in England and Wales (ICAEW) supports many thousands of accountants across the world. Members have access to many information resources, local networks and can use the ACA designation. You can join the ICAEW either as a graduate or as a member of another recognised accounting body. This article provides a guide to joining the Institute of Chartered Accountants.
A guide to using amortisation calculators

A guide to using amortisation calculators

An amortisation calculator is used to calculate the gradual repayment amount of a mortgage or loan. Information such as the mortgage amount, interest rate or interest amount, term of the mortgage is required when using the calculator so as the show the monthly installment amount and the future value of the mortgage.
How to get financial aid for single mothers in the UK

How to get financial aid for single mothers in the UK

Being a single mother can really be stressful, especially when you are the breadwinner. There are a lot of financial responsibilities which you need to take care of when you are a single mother. Sometimes, it can also be very difficult for single mothers to get a decent job because they may not have the finances or time to study. The federal and state governments have therefore come up with different programs to help single women financially.