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Guide to 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. If you want to follow this career path, then there are important steps that you need to follow to guarantee success.

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

The chartered accountant field consist of several different specialties that you can focus on. Auditing is one specialization of an accountant. You can also specialize in chartered management accounting. Being a chartered public and finance accountant is another specialization of chartered accountants. 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. But if you have a different degree, then you can still take additional courses so that you will improve on your accountancy skills. So, you can take up courses being offered by local and online colleges including business, accounting, auditing, and finance.

Now, after having your degree, you are ready to take on a training course specifically for chartered accounting. This training course can be taken online or in person and it will help you improve your skills needed for you career. In these training classes, you will also be prepared for your chartered accounting exams. You need to pass these exams in order to become a professional chartered accountant.

You need at least three years working experience in a professional setting in order for you to become a part of a chartered accounting program. 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.

Once you have finished everything, from getting a degree, training, and years of experience working in a professional setting, you can now take your qualifying exam. The testing usually lasts up to three days depending on where you are taking it. Becoming a full-fledged chartered accountant required you to get a passing mark in your test.

Now, upon passing your tests you are ready to take on the challenges of a chartered accountant. 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.