Thursday, January 28, 2010

Chartered accountant salary figure

Chartered Accountants are a group of accountants that have their accountancy associations in British Commonwealth countries and Ireland. It is basically the equivilant of a public accountant in the United States. The term chartered has come from the Royal Charter that was initially granted to the worlds first professional body of accountants in 1854.

Chartered Accountants work in any field of accounting, and their profession requires them to take continuing professional classes to stay ahead of other accountants. They often lead academic and professional thinking classes in accountancy. They also give support to other members by advising them, and giving them technical support as well. In addition, they often offer opportunities for professional networking and career and business development.

Chartered Accountants who engage in public practice work (for example, selling services to the public rather than acting as an employee) must gain a "practising certificate" by meeting further requirements such as purchasing adequate insurance and undergoing regular inspections.Chartered Accountant Salary

Chartered Accountants holding practising certificates may also become "Registered Auditors", providing they can demonstrate the necessary professional ability in that area. A Registered Auditor is able to perform statutory financial audits in accordance with the Companies Act 1985.

There are many branches of Chartered accountants in many countries, these countries include United Kingdom, Ireland, Australia, New Zealand, Canada, South Africa, India, Pakistan, and Sri Lanka. There are also institutes of Chartered Accountants all over the world. The easiest way to find these is by looking up Chartered Accountants on the Internet.

Depending on how much experience you have as a Chartered Accountant will determine how much you get paid every year. Just getting into the profession will get you around $45,000 a year, while people that have went up the ladder and became a CFO (Chief Financial officer) can make upwards of $140,000 a year. Obviously this depends on the type of company and if they can support someone that makes that much money. It is definitely a career, there are many opportunities to make a lot of money being a Chartered Accountant, especially if you plan on staying with the company for a long time.

Good luck with your job search, I hope this site was informative for you and it answered all your questions. If you have any more questions, or want to leave a comment, please do so. We would like to hear from you.

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