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A Career in Accounting – Acing The Game of Money

A Career in Accounting – Acing The Game of Money

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A Career in Accounting – Acing The Game of Money

Career paths are rather interesting when it comes to the Indian Employment Scene. Quite a few people have concluded that only certain types of jobs are efficient. However, it is not the case. As an example, a career in accounting is as exciting and filled with challenges to keep your brains churning, compared to other options.

Off late, India has been regarded as the Tech Destination. The majority of jobs are focused in and around that of the I.T. Sector. The surge of this specific niche was visible from the onset of the 21st Century. Needless to say, it has been one of the fastest-growing sectors, even with multiple global economic recessions on the way.

However, the backbone of any industry or company or establishment lies within its money system. Without the same, there is no real zeal to push people to achieve the desired greatness, keeping any organization’s interests in mind.

A Career in Accounting – Handling Money to Perfection

There are multiple sets of skills as well as prerequisites in contention when it comes to having a career in accounting. Managing the money matter on the scale of millions or even billions is not the work of an average Joe. The preparation, be it mental and tactical, takes up a lot of practice, trial and error, and guts.

As far as India is concerned, the recently approved Taxation Scheme, also known as Goods and Services Tax (GST) is a key factor. People who are interested in making a living out of accounting need to be well averse with this specifically. Apart from GST, the most common skills that one would love to see in a person for this type of job are as follows:

  • Communication Skill
  • Analytic & Interpersonal skills
  • Knowledge of accountancy software
  • Strong in mathematics
  • Understanding of accounting procedure
  • Ability to work for a longer duration in the environment of the computing area

Some of the skills mentioned above might sound rather stereotypical and boring, per se. However, in hindsight, dealing with such situations might require people to have an astute work ethic and an exemplary state of mind. Communication and Analytical skills work tremendously well when it comes to dealing with other brands and collaborations, in general.

Being tech-savvy is a great positive, however, knowledge in the industry-based software is needed primarily. Similarly, other minute things are also observed and would lead to precise decisions and happy faces all around. The most common job profiles that one would see are:

  • Finance Managers
  • Financial Controllers
  • Financial Advisors
  • Directors (Finance)
  • Certified Public Accountant
  • Chief Financial Officer
  • Chartered Management Accountant
  • Company Secretary

Based on someone’s caliber and their skills, they will rise to the top substantially to make a fruitful life for themselves as well as the organization that they are representing. Some of the fabulous fields of work that require the skills of accounting are as follows:

  • Public Accounting
  • Audit
  • Tax
  • Budget Analysis
  • Financial
  • Management Accounting
  • Real Estate Finance

Accounting courses will teach individuals how to become more effective and efficient when performing accounting duties. In accounting courses, students may examine such topics as financial statement analysis, investments, international finance, and banking. Many programs will also focus on how accounting is related to other business operations, providing students with a well-rounded approach to accounting.

Accounting courses are therefore an excellent way to diversify education and experience while gaining professional skills for a career, whether you are already an accountant needing to brush-up on your skills, or interested in a career change.

About Xavier University Bhubaneswar (XUB)

With all the lockdown issues in place, Xavier University Bhubaneswar is certainly up for the task. The University’s career advisory services are still operating to support students and graduates during the current crisis. 

The global pandemic hasn’t been slowing down in any way possible, so are the efforts of Xavier University, in providing some of the finest classes through various online media. 

Careers information, advice and guidance, and many other support services are available through

  • Online appointments 
  • Blogs
  • Webinars
  • Live chats
  • Instagram
  • Twitter
  • LinkedIn
  • Facebook-live streams

Considering the current global situation and all the aftereffects, it’s not surprising to say that Xavier University Bhubaneswar has taken all possible steps to promote Online Classes for all of its current students as well as for the ones joining in the future. 

Xavier University Bhubaneswar has industry-acclaimed specialization courses for everyone with a wide variety of eminent faculty members that focus on reaching out to everyone, with clear vision. 

Visit Xavier University online to know more about the specific streams that you can choose to study and make a fruitful career in accounting without any potential hassles.

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