7 Steps to follow to become a successful Chartered Accountant.
CA a tough career to choose yet a path with a shining future. It not that easy to pursue yet with a little more dedication you could definitely become a chartered accountant.
Not only your course or exams makes you successful in CA, but a thirst to learn for your whole life gets you to the top. There are many skills to become a successful CA one should need a good communication skill, creativity in thoughts, little knowledge about information technology and computing knowledge, in-depth knowledge about current affairs and one should be up to date with all the amendments and acts changed both in the central and state, ability to work under pressure and deadlines, one should be able to handle pressure and should know to act upon tight situations.
• Self-development:
Is the only way you could succeed in any field? Even after going for work one should invest time in books. Not only in reading books but also can write articles magazines can even publish a journal or a book, these will give you more knowledge about the field than what you studied for the course for chartered accountancy.
• Commitment
One should always practice chartered accountancy without break from the field. Knowing how to invest and what to invest in, on which businesses at that time is an added advantage for a chartered accountant.
• Determination
One should be keen and determined about their field of interest in chartered accountancy. Since there many branches in chartered accountancy to explore like advisors, business analysts, management treasurer, financial controller, internal audit, journalist, etc.
• Confidence
One should keep himself professionally updated about his field of work to the core, have to immediately refer for any doubts or clarifications without hesitance. One should be confident to handle newer and more complicated projects to gain more knowledge and experience. Once worked on complicated projects you can be able to handle any projects with ease.
• Communication
For an CA should important he should be apt to the point, should talk short and crisp so that clients would understand and with little confidence so that a client would be sure about you handling their project and also make it look like a professional.
• Adaptability
In short, a chartered accountant should read widely and has to revise regularly about amendments and acts, if time permits one can teach while practicing so that he would be always in touch with all the concepts, adaptability is an important quality for a CA, he should adopt to current trends and adapt in practice in accordance with the current change in taxation laws and other laws related to chartered accountancy.
• Passion
If one possesses these qualities, then he/she can excel in their professional career as a chartered accountant.
One should need a constant updating regarding the field of a chartered accountant since it requires up to date current updating about latest amendments made in parliament or the state budgets, based on which a chartered accountant’s jobs based on it is mandatory to read about these, so CA should be passionate about reading and should open to learning whenever and wherever the opportunity is provided. Don’t stress over yourself, there’s nothing wrong with taking a reference. Always be open-minded for every piece of information that you have been put up with.
Be serious about your article-ship during the period of your CA course, because not only your studies help your future, article ship actually helps you understand many topics in the course also makes accustomed to training CA in the real world. Article ship also gives you the confidence you needed to face your CA final exams as it is your last level of CA you need much more practice and learning, to clear the CA final article ship helps you with these and gives you problem-solving mind you are in need of once you cleared the CA final exams. After completing your article ship of a period of two and a half years register yourself for CA final examination. After CA final registration know your syllabus for CA final, don’t be careless about your CA Final syllabus after registering for CA final examination.
Hear no one’s advice, be a master for yourself. Only you know completely about yourself nobody’s advice is going to work out, they know you only on the surface level, many passers-by’s will advise you, or toppers who have cleared CA will advise you. But only you know your efficiency much better than anyone else. Some may need just an hour to complete a chapter but you may need an extra couple of hours for the same. That’s why do to calculate your result baes upon others advice or guidance. Schedule your studying time based upon your efficiency, put all your efforts during that period. Once you have mastered yourself one can beat you. You have that in the mind.
Get inspired to learn more and more, nothing should stop you from that. Learn whatever from wherever you have, that will get you to greater heights.
Have your mind open for learning anything you have been put up with.
Be a master of yourself. If these are followed regularly one could shine in the field of chartered accountancy.