Sunday, September 2, 2012

Accounting career - Qualifications and Regulation


If you plan to enter careers in Accounting then it is very important to understand all the rules and regulations to practice as an accountant in various countries. In some countries must be Certified Expert accounting and finance. Just like other professionals in each country has its own training and certification to maintain the quality of accounting in their jurisdiction.

Qualifications and Regulation

Before entering the career of accounting is necessary to understand the classification and regulation depending on the country you need to drill.

Accountants may be licensed by a variety of organizations and are recognized by titles such as Chartered Certified Charter, auditor (a term used in British common wealth countries and in Ireland for a person working in all fields of business and finance ), Certified Public Accountant (term used for qualified accountants in the United States who have passed the Uniform Certified Public Accountant and has met with other State education and experience), Certified Management Accountant (this is offered in Australia, Canada and the USA), Chartered Accountant General (representing members of the designation of Certified General Accountants Association of Canada), Drill Doctor (one of the three professional accounting bodies in Australia). Many countries recognize two or more accounting bodies.

Australia

If you want to start your accounting career in Australia then there are four main local professional accountancy
Trainee Chartered Accountants
National Professional Accountants
Member of the Institute of Chartered Accountants
Chartered Accountants

Austria

If you want to start your accounting career in Austria, then the accounting profession is regulated by Bilanzbuchhaltungsgesetz 2006

Canada

If you want to start your accounting career in Canada then there are three recognized organizations
Canadian Institute of Chartered Accountants and the provincial and territorial institutes
Certified General Accountants Association of Canada
Society of Management Accountants of Canada (Certified Management Accountants)

Hong Kong

If you want to start your career in the accounting industry since Hong Kong auditors is regulated by the Hong Kong Institute of Certified Public Accountants' Professional Accountants in the Ordinance.

New Zealand

If you want to start your career in accountancy in New Zealand there is only one body of local accounting
New Zealand Institute of Chartered Accountants

United Kingdom

If you want to start your career in accounting in the United Kingdom, then there are licensing requirements for an individual to practice as an accountant, but certain titles requires membership from appropriate professional organizations.
Chartered Accountant certificate must be a member of the Association of Chartered Certified Accountants outlined.
Accountants must be a member of one of the following Institute of Chartered Accountants in England and Wales or Institute of Chartered Accountants of Scotland, or Institute of Chartered Accountants in Ireland or recognized equivalent body from another Commonwealth country like Canada.
Chartered Management Accountant must be a member of the Chartered Institute of Management Accountants.
Chartered Public Finance Accountant must be a member of the Chartered Institute of Public Finance and Accountancy.
Accounting must be a member of the International Association of Certified International.

United States of America

If you want to start your accounting career in the United States, then legally practicing accountants are Certified Public Accountants, and other non-statutory accountants are Internal Auditors, Accountants and Certified Management Accountants Accredited business.

Accounting Process

Accounting is the process of identifying, measuring and communicating economic information so a user of information can make conscious decisions and economic decisions based on it .......

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