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January 20th, 2019, 03:16 AM   #1
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How to become an accountant after completing a commerce degree ?

Most of the accounting-related certificates I searched for take too much time to complete and look too complicated to get certified like the CPA certification.

Is there anything else I can do to become a good accountant?

Last edited by skipjack; January 20th, 2019 at 05:16 AM.
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January 20th, 2019, 08:44 AM   #2
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This question will have as many answers as there are countries in the world. The answer in Germany and the answer in Russia may be very different because the meaning of the word "accountant," the commercial and social role of accountants, and the legal standards imposed on accountants will vary by language, custom, and law from country to country.

In the US, people work as accountants if they have degrees or experience in accounting or book keeping. I serve on the board of a corporation whose controller and treasurer merely has an undergraduate degree in accounting, but also has forty-five years of experience (and is very intelligent). There is no legal requirement in the US (at least not in any state that I know of) that people who work as accountants be certified or licensed. In practice of course, a large corporation in the US is likely to emply some accountants who are CPAs. Such employees tend to have the more responsible and remunerative positions, but not all of them.

Basically in the US, to be a partner or principal in a public accounting firm requires certification as a CPA. In some states, there may be exceptions, but those exceptions are rare (a tax partner, for example, might be an attorney rather than a CPA). However, many junior accountants employed by a public accounting firm will merely have undergraduate degrees in accounting and will be gaining experience while preparing to take the CPA exam.

In short, to gain initial employment as an accountant in the US, you must, almost invariably, have a degree or some relevant experience. To succeed in a career as an accountant, a CPA cerfification is very helpful, but nowhere close to being a requirement except in a public accounting firm, where either a CPA certification or a law degree is essential.
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Last edited by JeffM1; January 20th, 2019 at 09:02 AM.
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January 20th, 2019, 09:52 AM   #3
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Is there anything else I can do to become a good accountant?
Get a job with a crooked lawyer...
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January 20th, 2019, 10:57 AM   #4
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This is a case for Aplanis!
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January 20th, 2019, 01:45 PM   #5
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Quote:
Originally Posted by indiandonkey View Post
Most of the accounting-related certificates I searched for take too much time to complete and look too complicated to get certified like the CPA certification.

Is there anything else I can do to become a good accountant?
Certificates other than a CPA or CMA certificate likely won't amount to much in the accounting world, but a degree (Associates, Bachelors, Masters, PhD) probably would.

Anyone can call themselves an accountant in the U.S., but states have laws against calling yourself a public / licensed / chartered / etc. accountant unless you have your CPA license.

What kind of accounting are you looking to do? I work in a fairly rural area of the country, so I do the books for about 25 - 35 small businesses. I also do income tax preparation, payroll, sales tax, etc, and teach courses for the Masters program of a University. Compare that to working for a large company where you're an employee likely focused on performing only a small fraction of the company's overall accounting activities. You might also consider working for a CPA firm, in government, or for a nonprofit. In the world of public accounting, most will further focus either on taxation, financial statement auditing, or perhaps accounting services (like bookkeeping and payroll, etc.).

That said, feel free to state what your goals are within the accounting profession. If you don't have any in particular maybe you have questions about the different options you might pursue.
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January 20th, 2019, 02:37 PM   #6
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What has been posted about the significance of, or need for, CPA certification in the US might not be fully applicable in India (where indiandonkey presumably wants to work).
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January 20th, 2019, 03:05 PM   #7
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What has been posted about the significance of, or need for, CPA certification in the US might not be fully applicable in India (where indiandonkey presumably wants to work).
It may not be applicable at all.

That is why I started by saying that the answer will depend on what legal jurisdiction is being discussed.

I think the references to the US simply reflected that the people answering felt competent to answer about that one jurisdiction.
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January 21st, 2019, 08:01 AM   #8
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Thanks a lot for all the replies .

My problem is i do not have 2 or 4 years to go after an accounting certificate alone .

I was planning to move to some other country with an accounting certificate like CPA .
By some other country i mean , to Dubai
I heard there is more accounting related job opportunities there

But the pre requisites for getting a CPA certificate is a bit complicated .

I can only spent 2 more years studying .

So maybe a post graduate degree like masters in business administration is a better idea than ACCA or CPA accounting certificate .
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January 21st, 2019, 08:27 AM   #9
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@OP

I know nothing of Dubai, but I assure you that, in the US, many CPAs were employed as accountants while simultaneously preparing for the CPA exam.

Being gainfully employed and preparing for the CPA exam can, at least in some jurisdictions, be done concurrently.
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