The old image of accountancy being little more than number crunching has changed into something unrecognisable in recent years. No longer will you find rooms lined with desks, staffed by men in grey suits running numbers through adding machines; it’s actually a much more vibrant industry that is filled with experts in many fields. There are several different ways in which you can become an accountant in the UK and you’ll end your studies by becoming one of two types, either British or CCAB qualified. Our website provides info on Accountants-A N & Associates Chartered Accountants
Why choose a chartered accountant?
The two different qualifications will still see you able to perform the same work but they bestow slightly different powers upon the accountant. Those who go down the path of becoming British qualified accountants are evaluated and controlled by a professional body that make strict demands on their members. The alternative group, CCAB qualified accountants, are part of the Consultative Committee of Accountancy Bodies, made up of five groups that were founded by royal charter back in the 1970s; however, no matter which side you’re with, your work will be very similar.
The only difference is that, as a member of the CCAB, you’re allowed to refer to yourself as a chartered accountant. This is a professional designation recognised around the world and is well worth the extra effort required to gain it. Members are expected to be at the top of their profession, keeping ahead of any changes in legislation that could affect how they work in the fields of taxation, financial management and auditing, and their knowledge is tested on a regular basis by colleagues.
How you can become a member
If you’re looking to become an accountant, it’s possible to do so whatever age you are. A solid understanding of maths is needed, and then you’ll have to decide what route you’d like to take. Some take the university path and study for a degree in accountancy, moving into working with an established company once they’ve qualified, while others choose to follow a course run by the Institute of Chartered Accountants that helps them learn the necessary skills.
Once you have qualified, even more options are available to you. Many people decide to specialise in a certain area of accountancy that will make sure their services are always in demand, such as becoming an auditor or corporate accountant. You can even join the people who are spotting new trends and becoming media specialists, ensuring that they remain relevant and necessary for years to come.