Want To Become An Accountant?

With the turn of the year a lot of people make New Years resolutions; it won’t surprise you to find that one of the most popular resolutions is to change career. Changing careers is one of the biggest decisions in life however no matter what your background, taking up a career in accounting could not be easier.

There are several accounting bodies that oversee the industry in the UK; CIPFA, ICAEW, CIMA and ICAS are all based in London. All of these bodies sponsor the UK’s leading qualification and membership body for accounting and finance staff, AAT. AAT stands for the Association of Accounting Technicians and should be considered as a starting point if you’re looking to become an accountant. The AAT attracts people from all different types of backgrounds; they provide a fast track way in to chartered accountancy for non graduates. So much so that it is even possible to start a career in chartered accountancy way before former school friends have even finished their university degrees; the youngest ever chartered accountant qualified through the AAT at just twenty years old. This is not the only inspiring success story; another AAT graduate worked in a launderette and as a cleaner for over a decade before deciding she wanted to change career paths; there are a selection of courses available through the AAT that can increase your salary by as much as fifteen percent.

Understandably, the prospect of starting out can seem quite daunting and many people have the preconception you have to be a mathematics genius to embark on such a career. However most courses are open to anyone who is numerate and capable of completing assignments in English and if you have some accounting experience you could even start above entry level. Why not look in to it today?

Online Accounting Schools

If you are looking to make a career in the field of accounting, but you don’t have the time to attend full time or part time college, then an online accounting degree is just the right choice for you. With a number of online accounting schools to choose from, you can now make sure that you get that accounting degree you want at your own pace.

Nowadays, there is a lot of demand for professionals in the field of accounting. If you are someone who would like to analyze the financial documents of a company or be involved in the different aspects of accounting administration within a company, then you can really do well as a professional accountant.

Typically, you would have to get your CPA (Chartered Public Accountant) degree. You can also specialize in a variety of areas within the field of accounting such as governmental accounting, managerial accounting and internal auditing. All of these career options have a lot of scope for advancement for you.

The curriculum will generally include a number of subjects like tax law, risk management, raising and managing capital, corporate finance, financial management, budgeting and planning.

Studying for your accounting degree online is the best option for you, especially if you are working in a full time job or have family or some other commitments which do not allow you to attend a full time course. Of course, this will involve you studying at home and sending in your assignments via e-mail.

You can study for a number of basic degrees before you apply for your CPA certificate. You can study for a Bachelors Degree in Accounting, or an Associate of Science Degree in Accounting. You can also go for a Bachelor of Science Degree in Accounting. You can also take a Bachelors Degree in Managerial Accounting or Financial Accounting. A number of options are available for you. You can apply for an online accounting degree course with almost any university or college. Most of the universities today will offer both – a full time course and an online course. Some may also offer part time courses. As a Certified accounting professional, you can expect to earn an annual salary in the range of $46,000 to $54,000.

Thus studying for an accounting degree and certification via an online accounting course can also help you to chart your career path in the field of accounting.

Best Chartered Accountants For You – How to Get One

To search and hire the right chartered accountant for you is not an easy task, but if you are going to start up a business, hiring an accountant must be one of your priorities. It is of course required that the one that you are going to hire has the qualifications. One of the best ways is to ask your professional associates or find a reliable source.

The internet is replete with accounting firms who advertise their services online. You can check out these firms and contact them. Most of them are promising and can help you find the right accountant for you, who of course, has the right qualifications. You should also go for a firm which offers a free needs assessment, as it is as important as hiring the right accountant for your business.

The Benefits of Having an Accountant

An accountant’s job description includes studying and taking care of your accounts, diagnosing financial problems, and improving your company’s financial state. Researching about specialized services can be of great help if you have specific needs like payroll services, bookkeeping or legal services. Others offer a wide range of services while some focus on a specific area wherein they specialize.

Not hiring accounting or bookkeeping services is one of the most common mistakes that a business owner makes. This usually results in consequences that are not favorable to the business. Hiring an accountant must always be included in every business plan no matter how small the enterprise may be.

Another great and easy way to find skilled and qualified accountants is to ask your friends or professional associates for recommendations. Yellow pages and the internet are also great and helpful resources. After doing a research, you have a few prospects but the search doesn’t stop there.

Qualifications of the Right Accountant for the Business

Of course there are also points that you need to consider in choosing the right accountant for you. Are they skilled enough? Do they have enough experience? What is the credibility of the firm or source from which you have found your prospect?

Simply checking your books and records and taking care of payroll are not the only purposes that an accounting professional serves. They can also be financial advisors and valuable assistants aside from doing basic record-keeping.

Also, someone with sufficient experience, training, and expertise is what you really need because the tasks that an accountant is going to perform is of extreme value to the survival, growth, and improvement of a business. Finding a firm which houses skilled and qualified professionals is your best bet.

You also need to schedule a conference and meet with the potential employee for you to be able to know them better. Sometimes seeing their resumes is not enough. You have to see them in person for you to judge them better.

CPAs or chartered accountants are usually the best choice. They are trained to handle different accounting jobs and they are better equipped than ordinary accountants. The advantage of having a CPA over an ordinary accountant is the skills and knowledge that they have, which they can use to better handle the financial side of your business.