Over 75{349ed8d8a57edfeb5ac72e95180cc3fb6904e7d9231c91bfd8d77d3c7d2f15ac} of businesses and corporations prefer to entrust their finances to qualified, certified professionals that are highly skilled and with high ethical standards. That said, many accountant aspirants are taking an accounting certification. Having an accounting certification for them can help enhance the pile of career opportunities coming their way.
The entire certification process can indeed be severe and demanding, which may challenge your love and fondness for accountancy. Any success doesn’t just come at ease. However, becoming a chartered accountant is totally worth it. Its notable advantages can include the following:
INCREASED PAY
One of the known perks of acquiring an accounting certification is having a massive increase in your average income. Many corporations, especially well-known and established ones, give higher offers for candidates with an accounting certification. However, some employers still vary their pay depending on factors. Some of these include the credibility of the accounting certification and the individual position.
CAREER DEVELOPMENT
When you complete certification programs, exams, and courses and acquire your own accounting certification, you enhance your skills and knowledge, thus helping you perform better and work well in your current role. An accounting certification comes with learning professional techniques, accounting concepts, and new financial strategies.
MORE EMPLOYER DEMAND
Due to the rising demand for certified accountants across different industries and the job market, there is a wide spike and demand for these professionals. Furthermore, it may likely continue into the foreseeable future. So, if you want to score a job right after graduating, consider becoming a chartered accountant and getting a certificate.
EXPANDED JOB OPPORTUNITIES
Contrary to popular belief that accountancy professions are narrow and limited, it actually isn’t. Being a chartered accountant can range to a more expanded extent. They can work for various industries, such as government agencies, law firms, private sector businesses, and non-profit organisations. One accounting certification can vary from forensic accounting, business strategy, bookkeeping, auditing, and more.
PROFESSIONAL INDEPENDENCE
One of the most significant benefits of an accounting certification is the much greater degree of professional freedom. A certified or chartered accountant can work as a consultant on their own or as one of the founding members of a particular firm. The skills you acquired during the course are also very advantageous if you get interested in becoming an entrepreneur. It can be a solid foundation for your commerce.
At ICAEW, you can acquire an ICAEW CFAB (Certificate in Finance, Accounting, and Business be part of their ICAEW ACA (Association of Chartered Accountants). Learn more on their website.