'The tax man is watching you!' This has become a scary situation for every individual brining in an income that surpasses the minimum taxable amount. And for this reason the number of accountants needed has increased. Suddenly an increasing number of people are opting for chartered accountancy as an option. And the demand is increasing and so are salaries. While this seems like a happy scenario for the number people, it is a long way to completing the difficult course.
In the mean time one can gain experience by taking up part time accounting jobs. Preparing the basic balance sheets and other accounting papers does not need a qualified chartered accountant. The CA comes in later to file all papers for the tax payer, as well as also to chalk out the best tax saving plans for the client.
Almost every organization hires an accountant to maintain the book of accounts. Some companies probably have two such people on the job. One is to look at the larger expenses and the other to look at the petty daily expenses. Whatever the situation maybe the accountants are basically required for the records that are handed over to the CA, eventually.
The accounting jobs on a part time basis require the individual to work a coupe of hours in the day. This may be the last few hours of the working day to sum up the trading account of that day, or then in the earlier hours, or first half of the working day. This is so that all payments are made at the beginning of the day and the previous accounts are recorded. Some part time accountants maybe called in a couple of times a week, rather than on a daily basis.
The most important skill for a part time accountant is ability to differentiate between the debit and credit entries, as well one needs to be good with numbers
No comments:
Post a Comment