Accountancy Course in Pakistan
How to become an
Accountant? .. Career in Accounting. Accounting Jobs, Bookkeeping jobs
Which
accountancy course is
suitable for you to become an accountant? there are two options
available for you in Pakistan. Accounting Career can be started in
two fields namely
career in financial accounting and
Career in Cost and Management Accounting. You can get yourself
certified from Institutes of Chartered Accountants of Pakistan (ICAP) by
getting CA (Chartered
Accountancy) qualification.
And if you are interested in Cost & Management Accounting then the best
institute for you is The Institute of Cost & Management Accountants of
Pakistan. ICMAP offers certification of one year, two year
and a Final Certificate in Accountancy. Accountancy
course which is done from the above institutions is a
guarantee for a lucrative career. These courses are well
respected in the business and financial sector.
Today the
profession of Accountancy is in demand, accounting jobs and
bookkeeping jobs in Pakistan are seen
regularly in the newspapers. Number of colleges and universities offer
different accounting courses and accounting degree programs. Many
foreign universities offer onling accounting degree Programmes too.
Opportunities for accountants are increasing fast so it is essential to
get into the ring as early as possible. It is vital to keep side by side
with new opportunities and make the links that will help in your career.
Today there are limitless career opportunities for accountants.
Accounting firms provide accounts graduate opportunities to start a
career right after their graduation as a trainee accountant in
Pakistan. Those who
like to work setting in ones home or own office can start accounting
outsourcing as there are lot of outsourcing opportunities world wide
where accounting and finance jobs can be get as an outsourcing
opportunity. The choices in accounting field are so enormous, and so
wide-ranging, that deciding a career path may turn out to be a key test.
Thus it is time to thing about becoming an accountant selecting the
right degree programme for you future life.
specialization in Accounting
There are many areas in
which accountancy students may specialize after which bookkeeper
jobs, financial jobs, audit jobs, tax jobs, internal audit jobs,
accounting manager, finance job, payroll jobs etc. can be obtained in
multinational and national accounting firms in Pakistan. Different positions for
which jobs can be get are:
Accounting
and Finance jobs
-
Actuaries
-
Bookkeeping
Jobs
-
Budget analysts
-
Claims adjusters,
appraisers, examiners and investigators
-
Cost estimators
-
Financial analysts
-
Financial managers
-
Insurance sales agents
-
Insurance underwriters
-
Loan officers
-
Personal financial
advisors
-
Purchasing managers,
buyers, and purchasing agents
-
Securities, commodities,
and financial services sales agents
-
Tax examiners, collectors,
and revenue agents
Types of
Accounting Degree
(Associate,
Undergraduate & Graduate Programs in Accounting)
I.Com (Intermediate
Commerce)
An associate's degree or
intermediate commerce in Pakistan in accounting or commerce will train
you for further learning in the field of accounting.
A bachelor’s degree or B.Com
often leads to work in corporations or in private accounting firms and companies.
bachelor degree can be obtained after a 2 years course in colleges or
universities.
A master degree like M.Com
are generally for those whose careers demand higher levels of
understanding of specific feature of the profession.
Chartered Accountancy is a
rewarding career and there are excellent prospects for employment in
audit firms as well as in local companies, multi-nationals, local
and foreign banks. Students start as trainee accountants in accounting
firms. see
more....
ACCA is a British chartered
accountancy body and one of the world's largest and fastest-growing
accountancy bodies. it has seen tremendous growth during the last five
years with thousands of students enrolling every year into ACCA
programs.
see more...
The Chartered Institute of
Management Accountants (CIMA) is a UK based professional body offering
training and qualification in management accountancy and related
subjects.
See more...
Careers in Accountancy
Accountancy is a
rewarding career and there are excellent prospects for employment in
audit and accounting firms as well as in local companies, multi-nationals, and local
and foreign banks. The profession has stood the test of time, and career
opportunities for
Chartered Accountants
and other degree holders in this field are unfolding as corporations
increasingly realize the importance of professional values, ethics and
good governance.
More specifically, there are
numbers of career options available to graduates of accounting programs.
They include, but are not limited to, the following:
Future Outlook
for Accounting Career
Employment
jobs for accountants
and auditors are expected to grow faster than all occupations in the
coming days. The factors that will drive the growth of this career are,
increasing businesses, securitization of companies finance, changing and
new up-and-coming rules and regulation of financial sector.
The world economy is
indicating a prosperous future outlook in accounting related fields. The
demand for accounting expertise will increase, and more accountants and
auditors will be required to perform the job of books, organize taxes,
and give management advice. Amendments in laws related to taxes,
financial reporting standards, business investments, mergers, and other
financial events are indication supporting the idea of creating great
numbers of job opportunities and openings. Trends in international
business and trade, international mergers and acquisitions will attract
youths to choose this career.
Salaries and other
remunerations for Accountants
Salaries and other
remunerations in this field are matchless. The way the economical
activities, development and new career options are emerging in this
field, it is already signifying a bright future for would be
professionals. Annual wage and salary earnings of accountants and
auditors are showing great increase in the previous years.
Personal characteristics
During the training period
and on wards a candidate must have the following qualities in his
personality:
People who want to be
accountants
should be good at math, and have good analytical skills.
They also should be able to write well, so that they can tell others
about their findings. Honesty, freedom of thoughts, untired hardworking,
mental abilities, decision making skills, academic qualities, ability to
analyze problems, interpersonal skill, desire to progress, extraordinary
skill in accounting, wide-ranging knowledge of business, spirit of
enquiry, self confidence, logical mind, painting true picture of the
facts, economical use of resources, etc.
Nature of work
in Accounting Firms and Companies
Accountants and auditors
work in offices. They generally work a standard 40-hour week, but some
work 50 hours a week or more. Tax accountants often work long hours
during the tax season, from January to April.
Accountants
working for
the government and public companies travel to audit other companies or
branches of their own company.
Most of the chartered
accountants work staying in the office while auditing work required
going to the client office therefore out of office duties are also a
part of the profession. In case of local client traveling may be
inter-cities while clients having international nature of business
demands traveling abroad. The atmosphere in the chartered accounting
firms is quite clean, peaceful and professional.
