A Chartered Accountant is an accountant who works in a wide variety business industries. They can also work in a variety of roles including a Financial Controller to a Chief Executive Officer. There are several other roles and positions that a Chartered Accountant may hold.
“These are accountants who work with organizations and help make decisions about the company’s budget and the analysis of the line of business.” says John Baucom, an accountant from Surrey, BC.
The major tasks that are performed by management accountants include:
- New contract analysis
- Cost analysis
- Expense control
This top Surrey accountant often analyzes the structure of the company. They will ensure that the goals related to spending are being communicated effectively. In the past, many management accountants have been referred to as being “bean counters”. However, in today’s fast-paced business world, these accountants quite often work with finance and marketing employees to help enhance and develop new business.
A Chartered Accountant can also find work as a tax accountant. Tax issues are present in every aspect of a business. From the daily operations to new plans, a tax accountant can prepare tax statements for both personal and corporate clients. They can also tackle such issues as:
- Tax deferment
- Financial options
“In order to be a successful tax accountant, a Chartered Accountant must understand and stay updated on the tax codes, and have an understanding of economics. More corporations are looking for accountant professionals who not only have an accounting background, but also legal expertise. Although tax requirements will vary depending on the industry, it is essential that all accountants are tax compliant.” adds John Baucom from CP Lehal in Surrey.
An auditor is responsible for checking ledgers and banking statements for businesses and government agencies. Auditing is considered the backbone of an accounting practice. This type of work is becoming more digital, and it relies on different types of sampling methods. Although an auditor may have to travel frequently and work in different industries, it is a wonderful sector to learn how money is not only managed but how it is made.
These accountants prepare statements for companies based on the information that is contained in the company’s ledgers. Financial accountants may also participate in major business decisions such as potential acquisitions and mergers. This career is varied. No two days are the same. One day you may be meeting with a supplier to open a new account, and the next day you may be going over spreadsheets. Being a financial accountant means that you must have a good understanding of finance and accounting.
Why Become A Chartered Accountant?
When you become a Chartered Accountant, you can explore many different career options. These opportunities can be locally (see CP Lehal’s Accounting Facebook page) or globally, and can be found in every industry. These professionals are in high demand and are recognized for their competence and standards.
By training for a career as a Chartered Accountant, you will be taking a journey to become part of a large, highly demanded group of accounting professionals. Chartered Accountants have an advantage over the peers. They rise in their careers faster and can fill a variety of diverse roles.