Certified Public Accounting
The process of providing accounting services to public and organizations is known as a Certified Public Accounting. These professionals audit and test procedures and they are well versed with accounting principles, financial concepts, law, tax, etc. Certified Public Accountants are hired for the roles like Finance Manager, Financial Analyst, CFO, etc. These professionals work in various consulting and auditing firms and provide service in all areas related to finance.
Role Desciption
Professionals in this field maintain and audit the financial records and use the money in the best possible way. They provide consultation about accounts, finance, budget, etc., while keeping track of tax payments. They are responsible for filing, reporting fraudulent work, tax related problems or other financial issues.
Eligibility
Route to Certified Public Accounting Profession
- 10 + 2 in Commerce Stream / Any stream (Mathematics)
- Bachelor’s degree in B.Com (H)/ B.Com/ BBA or a Finance Related Field/Chartered Accountant/ Company Secretary with graduation
- Masters of Commerce (M.Com) or Masters of Business Administration (MBA)
- CPA Examination consisting of 4 parts Auditing and Attestation, Business Environment and Concepts, Financial Accounting and Reporting, and Regulation.
Significant Statistics
- Minimum 60% in 10+2 are required including English
- To gain license as a CPA, experience under CPA is must
- Requirement of 150 credits hence if anybody has done 3 years UG degree then he/she needs to pursue masters course to meet credit requirement.
Pros/Cons
Pros
- Opportunities in all industries
- It is an International Certification
Cons
- Professionals need to maintain a strong ethical conduct
- A lot of focus is required and stressful work
- Monotonous work
Leading Professions
View All
Public Accountant
These professionals manage the finances of public. They can work in private and government organizations for advisory roles. They handle several tasks like staff tax, management, financial analysis, etc.
6.0LPA
Management Financial Consultant
They prepare budgets and financial documents and along with that they are focused on evaluating and refining accounting procedures, and consulting with management teams.
10.0LPA
Financial Analysts
They analyses financial data, prepare reports for illustrating technical information, interpret data affecting investment programs and help management for making informed decisions.
8.0LPA
Government Finance Sector
Under Government sector, auditing financial reporting and managing accounting are their basic duties. They provide the information so that the finances can be utilized in the best way possible.
5.0LPA
Corporate Finance
Here, they are responsible for handling accounts and managing pay rolls and financial statements. They can also work as Internal Auditors contributing to operations of a company through risk management and control.
12.0LPA
Tax department
Their role revolves around maintaining tax records and filing tax returns while guiding companies for tax laws and regulations.
7.0LPA
Auditor
Auditors examine financial records, statements, and processes to ensure accuracy, compliance with regulations, and the prevention of fraud
7.0LPA
Forensic Accountant
Forensic accountants investigate financial discrepancies and irregularities, often working on cases involving fraud, embezzlement, and financial disputes
10.0LPA
CAREER VIDEOS
Career Path
Route 1
3 Steps
Skills
Recruitment Area
Government organizations ,
educational institutes ,
self employment ,
Private organizations ,
banks ,
insurance companies .
Recruiters
Reliance ,
Tata ,
Bajaj ,
Godrej ,
SBI ,
RBI ,
Income tax department .
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Exams & Tests
Interested? Take the next step for this career
Route 1
- 3 Steps
Skills Needed
Exams and Tests
Recruitment Area
Government organizations ,
educational institutes ,
self employment ,
Private organizations ,
banks ,
insurance companies .
Recruiters
Reliance ,
Tata ,
Bajaj ,
Godrej ,
SBI ,
RBI ,
Income tax department .
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