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Chartered accountant is one of the most demanded occupations all over the world. Despite of economic slowdown and high exchange rate the demand for chartered accountant is still increasing. The field of chartered accountant is vast. This occupation needs complete knowledge of business law, accountancy, economics, business etc. As this field belongs to commerce so it is essential to have complete knowledge of commerce for this occupation. Chartered accountant works in almost every kind of field such as finance and business which includes general management, financial, taxation and audit. Some chartered accountants are engaged in private sectors, public sector, and some are engaged in government bodies. Chartered accountant is one of the challenging, exciting and rewarding career options. If we talk about the traditional route to become chartered accountant it begins from schooling, the school subjects include accountancy, math, English, economics, and business, followed by the degree of major in accounting. How to become a chartered accountant? If you are student outside Australia and wishes to become chartered accountant in Australia you must be eligible to apply institute of chartered accountant in Australia. To register yourself as a chartered accountant program candidate must meet the requirement and basic criteria of the program. Successfully completed the chartered accountant program Or be a teacher of accountancy who meets the eligibility criteria. A recognized institute degree level qualification is a mandatory requirement for program entry. Candidates must meet the academic entry requirements in one of the following ways An institute accredited Australian masters or bachelor degree with passes in subjects covering the core knowledge areas required by the institute Complete an Australian non accounting degree and institute accredited conversion course or completed non- accounting degree, must have passed chartered accountant program entrance and have accounting work experience. Overseas qualification that has been recognized and assessed by the institute and demonstrated the required level of knowledge of pre-requisite core knowledge areas required by the institute Exemption from overseas qualification assessment To register in the program candidates must be mentored by the Australian chartered accountant or a member of another global accounting alliances body and be employed for minimum 17.5 hours per week in a relevant accounting role with an approved training employer. A current member of an overseas accounting body that is recognized by the institute can also apply to become a member of the institute of chartered accountant in Australia. Chartered accounting is one of the most demanded occupations all over the world. We can depict through the work area of this occupation that how important this occupation is. Chartered accountants are shouldered with a lot of responsibility in their capacity as professionals from performing their duties as an accountant to an auditor besides rendering consultancy services and being so it is a very challenging profession. By doing statuary audits and doing necessary certification they owe duties to the concern government bodies. In order to perform these duties the chartered accountant has to update himself on economic laws No doubt about the Australian economy, it is one of the most stable and consistent economy in the world. Despite higher rate of exchange the migration to Australia is increasing. Chartered accountant is one of the most demanded occupations in the world. They not only work for government bodies but also work for private and public sectors too. The work field for chartered accountant is vast
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