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Accounting as a Profession BAF3M. Accounting as a profession requires several years of serious study and practice. You can become a: Accounting as a profession.

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Presentation on theme: "Accounting as a Profession BAF3M. Accounting as a profession requires several years of serious study and practice. You can become a: Accounting as a profession."— Presentation transcript:

1 Accounting as a Profession BAF3M

2 Accounting as a profession requires several years of serious study and practice. You can become a: Accounting as a profession requires several years of serious study and practice. You can become a: Chartered Accountant (CA)Chartered Accountant (CA) Certified General Accountant (CGA)Certified General Accountant (CGA) Certified Management Accountant (CMA)Certified Management Accountant (CMA)

3 Accounting as a Profession Qualified professional accountants have the right to practice as public accountants. Qualified professional accountants have the right to practice as public accountants. Public Accountants: Public Accountants: Serves the general public for a fee in the same way a doctor or lawyer would. The main type of work one does is “auditing”Serves the general public for a fee in the same way a doctor or lawyer would. The main type of work one does is “auditing” Auditing: is the examination and testing of books, records and procedures of a business in order to be able to express an opinion about its financial statements.Auditing: is the examination and testing of books, records and procedures of a business in order to be able to express an opinion about its financial statements.

4 Accounting as a Profession Industrial Accountants Industrial Accountants Work for large corporations (ie. Bombardier, Stelco)Work for large corporations (ie. Bombardier, Stelco) Institutional Accountants Institutional Accountants work for government, banks, large insurance companieswork for government, banks, large insurance companies


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