Career in Accounting in Pakistan
Professional accountants of today have careers that use e a wide variety of skills applicable to highly specialized roles. Accountants work with individuals, small businesses, large corporations, non-profits and government agencies to prepare and organize financial and tax documents. Accounting is defined as an organized way to keep records of business and financial transactions, summarize those transactions, and analyze, verify, and report financial results. Another way to look at accounting is that it’s an information system designed to identify, measure, record, and communicate reliable, relevant, and consistent information about the economic activities of an organization.
Accounting is a field that will always be in demand and it is a field that you can continue to grow and move up inside your company. There are so many different positions you can find in the accounting field. Careers in accounting can range from entry level positions to executive level. Accounting firms provide accounts graduate opportunities to start a career right after their graduation as a trainee accountant in Pakistan.
Courses In Accounting:
Bachelors Accounting & Finance courses and programs in Pakistan following,
- Business and management
- Management sciences
- Banking and finance etc.
There is large number of Colleges and Universities in Pakistan which are offering admissions training and qualification in management accountancy and related subjects in the above mentioned accounts and finance courses and programs completely on merit basis check here from Commerce Admissions after Matric, Inter, Bachelor also.
Career in Accounting in Pakistan is Different positions for which jobs can be get are:
- Tax planning
- Auditing Jobs
- Loan officers
- Tax preparation
- Cost accounting
- Budget analysts
- Cost estimators
- Financial managers
- Insurance sales agents
- Insurance underwriters
- Managerial accounting
- International accounting
- Governmental accounting
- Corporate and partnership tax
- Accounting and Banking Jobs
- Bookkeeping Jobs
- Financial Analysts
- Personal Financial Advisors
- Claims adjusters, appraisers, examiners and investigators
- Purchasing managers, buyers, and purchasing agents
- Securities, commodities, and financial services sales agents
- Tax examiners, collectors, and revenue agents
Types of Accounting Degree in Pakistan:
Accounting field is vast some of most popular and most accountancy courses available in Pakistan.
- I.Com (Intermediate Commerce)
- B.Com (bachelor of Commerce)
- M.Com (Master of Commerce)
- C.A (Chartered Accountancy)
- ACCA (Association of Certified Chartered Accountant)
- CIMA (Chartered Institute of Management Accountants)
- Careers in Accountancy
More specifically, there are large numbers of career options available to graduates of accounting programs the following:
- Bank Examiner
- Certified Public Accountant
- Chief Accountant
- Finance Manager
- Financial Analyst
- Internal auditor
- International Trade Specialist
- Loan Administrator
- Tex Advisor
Accounting Salary (Starting Salary):
Accounting salaries can vary greatly based on your position in the accounting department. You can do entry level work, such as an accounting clerk or accounting assistant, and make an average salary more than from $30-$40,000 a year. Working your way up through the accounting department takes time and skill but as you do so your salary should increase. Moving up to accounting managers and beyond, you can easily make $100,000 or more a year. Chose the accounting department as per career, if you most interested in, learn what it entails, what education you may need and the salary you can potentially earn.
Future of Career in Accounting:
Accountants have more chance to grow faster than all occupations in the coming days. The main fact is that will drive the growth of this career are, increasing businesses, securitization of companies finance, changing and new up-and-coming rules and regulation of financial sector’s.This is the first step to your successful career path. After school, find your first accounting job. Come into a company as an accountant. Learn as much as you possibly can. The atmosphere in the chartered accounting firms is quite clean, peaceful and professional.
Working Procedure Duration:
Accounts department workers generally work a standard 40-hour week, but some work 50 hours a week or more from it’s duration’s. Tax accountants often work long hours during the tax season only, from January to April. Accountants working for the government and public companies travel to audit other companies or branches of their own company is necessary for manage all transactions. With rule of travel in various office of companies is main purpose to some people chose to go off into a different branch of accounting but with more experience comes more money and more opportunities for advancement.