Is an accounting degree worth it?

Have you been recently finding out the best CA training institutes in Calicut to start your career in accounting? Have you been worried over the current market scenario or have met someone that didn’t make it big after taking education at one of the most excellent CA colleges in Calicut? Or do you have any other doubts of such types in your minds? Then, the following post is going to be a really helpful thing you can come across the internet today. Before we begin with the real stuff, let us understand one thing – Accounting and Finance is MONEY. You work with money; you make MONEY!!!

Future of Accounting:

  • Accounting and Financing is a field that requires constant learning and hands-on knowledge of the relevant and allied technological as well as accounting advancements. So, have one thing clear – “You have to be SMART and more than willing to keep sharpening that smartness in every aspect you discover every day”.
  • The future of accounting is shining brightly as the summer sun. Why? Because the current scenario is witnessing the development of start-ups and SMBs which is still in its nascent stages and WILL GROW in the coming years. With more opportunities being created every minute, the avenues for brilliant and competitive minds are expanding like anything.
  • With various Gold Standard Certifications available online these days, the future of accounting has been becoming more promising. The professionals can take the exams and acquire the certifications from anywhere in the world and make their resumes even more sparkling.
  • Technology aids in acquiring expertise and knowledge. The CA professionals can easily learn and search things, facts, numbers, and skills easily over the internet and make their jobs easier and better.
  • An even better thing is that the Global Certifications and courses are high in demand and are recognized globally. You can get the skills, education and field experience; top it up with the Global Qualification and Certification and get yourself a sterling job that pays as well as helps you grow as a professional.

Having understood the various things that assure about the Future of Accounting, let us move on to the other crucial aspect – the education and training that define whether your accounting degree is worth it or not.

Education and Training Prospects that govern the validity of your Accounting Degree:

Even before you hit the search button on the Google to find the best CA colleges in Ernakulam and start your accounting degree course; you should understand that the education, exam preparation, training, information available at your hand and the channels for professional exposure will play key roles in your life as an accountant. Though there might be hundreds of CA training institutes in Calicut that claim to be the best, the actual best ones, are really hard to find and acing their curriculum is even harder.

  • Try to interact with the people that have already established themselves as the CA professionals and find out some of the best training institutes in Calicut that you can join.
  • Next step will be to do the research and find out about the education methodology, placement statistics, training programs, courses and degrees that are offered there.
  • Find out whether the institutes have any MoU or associations with the foreign institutes or offer global degree courses or prepare the students for global careers. There are very few CA training institutes in Calicut that offer training and certifications for global qualifications such as ACCA and CMA etc.
  • Finally, visit and find out what makes the institute rank as one of the best institutes in Calicut.

Apart from the training program and curriculum preparation, the institutes that have prospects for the international qualifications and certifications are certainly better options because they open the avenues of international job markets. The courses and certifications such as CMA and ACCA make you one of the most sought-after professionals and guarantee fat pay cheques for your whole life.

What makes the difference??

  • Every career and every degree earns you money and helps you grow as a professional. It just depends on your mettle and your expertise. Hence, the accounting is worth it; like anything; given that you are smart and keep on working and acquiring newly emerging skills and knowledge all the way.
  • Accounting and Financing is a country-neutral field as well; depending on the profiles and job avenues chosen by you. It is also one of those fields that allow you to land in jobs abroad without much hassle once you acquire the international degrees or certifications.
  • The last, but not in any sense the least, the CA colleges in Calicut that you will be choosing for exam preparation and training will play a key role in deciding your career.

The Logic School of Management has been producing successful professionals in accounting and finance since decades and has established itself as a premier institute in the field. It is also the ‘Only institute in Kerala to be recognized by IMA-USA for CMA coaching’ and has provisions for the global qualifications and certifications in accounting and finance. The LSM also has affordable CMA course fee in Kerala.

5 Major Challenges of a CA Professional

Chartered Accountant is a job profile which is lucrative owing to the money as well as professional growth avenues it opens. With the ease of doing business increasing steadily in the recent past, the number of start-ups and SMBs is gradually increasing which in turn has increased the demand for CA professionals around the globe. Though the CAs are high in demand and every year millions of students are graduating and enrolling in CA courses in Kerala, there are various challenges that should be understood well by all the aspirants to have a better understanding of their careers and lives as the CA Professionals. The following post will be highlighting the major challenges encountered by the CA Professionals and the best CA courses in Kerala that will help you prepare for these challenges ahead.

CA Professionals – Challenges that lie ahead:

1.Constantly updated top-notch knowledge base:

Though there are thousands of CAs that are absorbed every year, before you get persuaded to enroll in the classes for CA coaching in Kochi, it is important to understand that it is of extreme importance to stay informed of all the changes, introductions and amendments of Tax Reforms and other such regulations introduced by the Government from time to time. You just can’t rely on your sources and internet for instantaneous learning. Proper learning and knowledge acquiring are good, but regular updates and consistent improvement is what keeps your career going up always.

2.Training Matters:

One of the most determining challenges faced by the CAs is the difference between the level of training and real-world work scenario. It is of utmost importance that the CA courses in Kerala that you took assisted you in finding the most relevant and best source for the training as per your interests and mettle. If you idle away the time, then you can forget about opening your own practice one day because you will be ending up with zero professional knowledge of accounting and financial consulting in the real world.

3.Growth and Sector Specialization:

CA professionals have to make an extra effort and keep their working arena diverse and high-cadre to ensure that career grows and they don’t get lured into the shiny web of sector specialization. The sector-specialization can harm your growth and limit your professional career prospects. The reputed and the best institutes for CA Coaching in Kochi offer counselors and guides to help you steer your career in the rightmost direction and can also help you in finding new clients with proper training and mindset development.

4.Sensitive Exposure:

The CAs are always in the risk zone because they have access to some of the most sensitive and highly-confidential data and transactions of a company. In fact, if you are working for a big corporation or MNCs at a respected designation, then you will be having all the dirt on them in your hands and at your mercy. In such situations, it is of extreme consequence to guard the information and don’t let the beans spill as this might lead to huge fiascos and professional setbacks.

5.Degrees, Courses, and Certifications:(h2)

Earlier, CA used to be the ‘IT’ thing of the financial and accounting world. But, the times and requirements have changed now and people are requiring talent armed with a thorough knowledge of modern day technology; understanding of vast areas of accounting and of course, a backing of some gold standard certification. There are various names and brands that make your CV look good such as CMA, Company Secretary, and ACCA etc that not only open the avenues of jobs abroad but also help you in keeping your skills diversified and your pay cheques FAT!!

However, it goes without saying that these degrees and certifications will demand serious inputs in terms of time, money and efforts. So, be prepared!!

Some other challenges that are waiting for you after the course completion are:

  • Personal Issues:
    The CAs have to work overtime; they might have to neglect their health and rely on the caffeine and drinks for kick-starting their nerves; they generally tend to opt for high-paying immoral clients for making quick money and might also lose their independence all the while trying to do shady finance management and consulting.
  • Constant Pressure to excel and stay ahead in the game
  • Exploring the career abroad or keep sailing in your mainland
  • Finding out the best CA courses in Kerala that can help you ace your exams and careers side by side.

How to deal with these challenges??

Having read the pain-points, let us understand how to deal with them. Choosing a right CA Coaching in Kochi will obviously help. Proper professional manner of preparation and training; expert guidance from the counselors and teachers; an environment that aids in learning; an institute with connections in various top-tier CA absorption channels so as to guarantee placements and higher study guidance – all these calls for a career that shines and a professional that excels.

The Logic School of Management is the best institute that provides all kinds of coaching and CA Final Coaching Classes in Ernakulam. To know more, please visit www.logiccpacma.com.

How to Choose the Best Institute for CA IPCC Coaching

You have cleared CPT / FOUNDAITON, the first hurdle in the race towards becoming a Chartered Accountant and the next step is passing the CA IPCC / INTERMEDIATE exam. It is better to enroll at a CA coaching institute rather than go the self-study route. The best CA coaching institutes in Kerala provide the right environment for study with professional tutors, updated study material and a proper schedule for study, recapitulation and revision. You will also be in the company of other students preparing to face the exam and this will help you greatly in overcoming your fears.

Follow our step-by-step guide to determine the best CA coaching center to choose for CA INTERMEDIATE coaching.

Online search

Today, everyone relies on the internet to search for what they need. A search for the best CA coaching institutes in Kerala will yield you a list of veritable coaching classes that are available near you. Narrow down your list to 5 institutes before you make final decision.

Success rate

The next step would be to check the results of the previous batches. Large and reputed institutes always maintain a year-wise record of the results of their students. You can also verify the pass percentage and track record of successful candidates. You can also talk to former students of the institute to get the real picture of what the institute has to offer.

Faculty

The teaching faculty is the backbone of any coaching institute. The instructors should not just have the appropriate educational qualifications but should also possess experience in training and coaching students for CA.

Study material

Every CA coaching institutes in Kerala has their own set of study materials that they provide to their students. It is important that you peruse through these books to judge the quality of the material. Confirm for yourself if the study material is updated on a regular basis. You should also check if it has question bank with suggested answers.

Teaching aids and facilities

Find out for yourself about all the facilities and teaching aids that the institute provides. Check out the libraries and browse through their books, journals and magazines. You can also ask if they provide free Wi-Fi within the campus. Even though these aids and facilities are not a prerequisite for a good CA coaching institute, they do help in preparing you for the CA IPCC / INTERMEDIATE examination.

Course fees

It is also essential that you compare the cost of the courses offered by various institutes. High fees do not guarantee you an excellent course and be wary of institutes which offer hefty discounts on their fees. Always do a double check before you narrow down your list.  Remember that your decision is crucial and you will not be able to discontinue your course once you enroll at a CA Coaching Institute for your CA IPCC / INTERMEDIATE preparation.

Distance from your home

It is advisable to enroll at an institute which is not too far away from home to avoid long commutes to and from your home to the CA coaching institute. You should not spend more than 1 hour as travel time or you lose out on precious study time.

Beware of CA coaching institutes which run franchisee branches at various locations in the State. You should always insist on seeing the results of the institute you wish to join as some data might be misleading. The best CA institutes in Kerala also provide training on personality development to build up your confidence levels and also teach how to manage stress levels. They will also put you through mock tests and interviews to prepare you for what lies ahead.

It is crucial that you do the groundwork to find out all the details before you decide on the CA institute for IPCC coaching.