Do you like numbers and an eye for even the smallest difference? Are you a problem-solver and interested in dealing with finance for a business? Then an accountant may well be a career route that awaits you. There are many options and choices of accounting career path that can get you from a recent graduate to a much experienced accountant. Whether you just start your or you wish to change your profession, the guide will show you all you need to know how to become an accountant. We will analyze what accountants do and how to become one with success in this rewarding occupation.
What Does an Accountant Do?
An accountant plays a very important role in any organization by managing its financial records.
Accountant Duties:
- Ensuring to properly book financial transactions, making provision for financial statements, and gives advice on matters about finance.
- They facilitate tax compliance for organizations in evaluating financial data and recommendations for how the efficiency of their financials can improve as a whole.
Ultimately, the task of an accountant is to ensure businesses make correct financial decisions by communicating and telling them how bad or great they are doing in a given situation.
Accountant work differs as it includes a lot of things such as bookkeeping, auditing, tax preparation, financial consulting, and so on.
Step-by-Step Guide on How to Become an Accountant in India
Let’s explore the steps in detail:
Step 1: Knowing Who is an Accountant
The key is knowing what one intends to do as an accountant. An accountant would, in broad terms, make preparations for financial statements, examine data relevant to finances, maintain budgets, and run businesses by strictly observing the principles guiding the rules regarding taxes. The basic principles of working with financial reports require a good knowledge of the details governing that department.
Step 2: Complete the Necessary Education
If you wonder how to become an accountant after the 12th? Then the starting point is going to be education where you have to do your degree in accounting or another relevant qualification. As per where it fits your preference would choose which course is best for accountant job. For almost everyone, that first stage is the degree that gets done in accounting, finance, and also business administration. You can also specialize to a high level with special courses in accounting such as a CPA (Certified Public Accountant) or even an ACCA (Association of Chartered Certified Accountants).
Step 3: Practical Experience
Getting practical experience is integral to an accounting degree. Seek out internships or entry-level positions in accounting firms for hands-on experience in every area of the field. The first few years will serve well to learn accounting software packages, prepare tax returns, and develop financial reports.
Step 4: Develop the Required Skills
To become an effective accounting professional, you should have some skills. Some of the most necessary skills to become an accountant include:
- Strong analytical skills
- Attention to detail
- Proficiency in accounting software, for example, QuickBooks and SAP
- Communication skills to report financial information
- Knowledge of financial regulations and tax laws
These skills will make you shine in your role and move ahead in the accounting field. No matter whether you are interested in accountant work related to auditing, taxes, or financial consulting, these skills are critical.
Step 5: Pursue Certification and Specialization
Once you have gained experience, you will be pursuing professional certifications. For example, the CPA and CMA are considered highly respected and you could get jobs that also offer higher pay. Moreover, you can acquire specializations in forensic accounting, taxation, or auditing to ensure a competitive advantage in securing jobs.
Salary Of An Accountant in India
Overall, an accountant salary can be quite attractive, especially when considering opportunities for career growth and advancement. Let’s explore how much they make:
| Job Titles | Salary | Job Descriptions |
| Accountant | ₹4,980,000 – ₹5,810,000 | Manages financial records, prepares statements, tracks transactions, and ensures tax compliance. |
| Certified Public Accountant | ₹5,810,000 – ₹7,470,000 | A licensed accountant who handles complex tasks like tax planning, financial reporting, and audits. |
| Senior Accountant | ₹5,810,000 – ₹7,055,000 | Supervises junior accountants, prepares financial statements, and ensures regulatory compliance. |
| Accounting Manager | ₹6,640,000 – ₹8,300,000 | Oversees the accounting department, manages reporting, and ensures financial accuracy and compliance. |
How to get an Accountant job
Getting an accounting job is as easy as after finishing education and having experience in the same. Any candidate’s resume, after completion of education, should reflect the skills and experience relevant for being sent to an employer seeking potential employment opportunities in accounting firms, businesses, or the government. One can network with other professionals who are in accounting and even accountants’ associations to seek an opportunity. Lift Uplift is an e-learning that empowers individuals to enhance their career opportunities through internships, job placements, and upskilling courses.
Conclusion
An accounting profession is highly rewarding for a career when one takes pleasure in handling numbers, and it guarantees a stable professional life. One would either think about how to become an accountant after 12th or look out for prospects to advance up the hierarchy. The roadmap is not very complicated; get appropriate education, some practical training, and eventually certifications according to interest in particular areas of specialization. The right skills and career path in accounting can bring the opportunity for job satisfaction, growth, and even an attractive salary. Start today and begin the journey to a prosperous future in accounting.
Frequently Asked Questions
1. How long does it take to become an accountant?
It usually takes 3-4 years to get an accounting degree. Of course, more significant certifications like CPA would depend on your route.
2. How is a professional accountant different from just an accountant?
A professional accountant will have usually obtained certifications and has significant experience in accountancy. All accountants deal with financial books, but a professional accountant could specialize in areas like taxation or auditing.
3. Is there a possibility of joining this profession after the 12th?
Yes! You can directly get a graduation degree in accounting right after completing school. There are even diploma courses for those wanting to enter the profession as quickly as possible.
4. How much money does an Accountant make?
The accountant’s salary varies, but with experience and professional certifications, they make from ₹6,640,000 – ₹8,300,000 per year and above.
5. What are the skills to become an Accountant?
These include analytical thinking, attention to detail, knowledge of accounting software, and familiarity with financial laws and tax codes.
