The field of accountancy is an industry that undergoes constant changes. Managing a successful career in global accounting requires learning the latest trends in the industry while at the same time forwarding the goal post for your professional advancement.
Accountancy can indeed be demanding in nature. However, it offers a high reward to those who can keep up maintaining strong commitment. Whether you're aiming for a chartered accountant or become a finance consultant in the area, considering which certifications are mostly high in demand will help you propel and advance your accounting career.
Here are a few examples of in-demand accounting certifications.
Chartered accountant certification
Chartered accountants (CA) are among the most highly valued, highly sought, and highly-respected professional accounting bodies. Chartered accountants can work in various fields/economic sectors as well as overseas. Chartered accountant institutes (think of ICAEW ACA as an example) demands advanced training and professional development to maintain professional competitiveness. CAs are often regarded as one of the top accounting credentials.
Government accounting certification
It means that professionals are qualified to undertake accounting careers under government and public sectors while meeting high standards for such qualifications. Many employers within this sub-sector may require post-graduate degrees, while high positions may demand even years of experience working in a government environment.
Masters of business administration
An MBA accounting certification is often highly regarded for filling up the senior roles and executive positions in most private and corporate finance sectors. They are high in demand and can help advance your accounting career. However, earning certification for MBA may require dedicated years of full-time or part-time accounting studies.
Certified public accountant
Certified public accountant (CPA) is the most common high-standard qualification for finance and accounting professionals in Asia. Much like chartered accountants, CPA professionals indicate a high level of knowledge and experience in handling taxes, finance compliance, regulation and reports.
If you are looking for ICAEW modules for chartered accounting, visit the ICAEW Singapore website for more details.