Accounting is the process of keeping financial accounts. It estimates the economic activities of an organization and forwards this information to a investors, creditors, management and regulators..
The field of accounting is always remain in demand as it is the backbone of every business entity. An accountant is needed in every industry. It is one of the respected profession in the world.
The practitioners and professionals of accounting are known as accountants. The certified professionals in these fields are known as Charted Accountant.
Accounting job can vary from entry-level to executive level. An accountant plays the very important role in any business. It is a very crucial part of an organization, for managing payroll, auditing and financial management. Due to the individual demand of different companies, the demand of accountants is increasing. Eligible candidates can find jobs in public, private or non-profit industries and companies. You can opt for various career profiles such as clerk, payroll clerks and accounts clerk.
Although anyone who has basic knowledge of basic accounts can become an accountant. But to have full hold on the area of work and to get some kind of acknowledgment of one’s work one should have a minimum amount of formal education of the field he is working in. Thus desirable qualification for becoming a successful accountant is as follows
1. Educational Qualification
There are basically three ways to enter this field of accountancy as an accountant and they are:-
Accountant Career Prospects
The ladder of hierarchy for an accountant in the Government Sector is:-
In the Government sector, an account gets anywhere near Rs. 15,000 to Rs. 18,000 per month but to compensate for lower monetary gains government provides with various other emoluments like free housing, medical expenses and above all job security. And the advantage that attracts most towards is that one gets the Authority of being in the government position.