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25 April 2012| last updated at 10:29AM

Undergraduate Focus: Is a future in accounting, finance for you?



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Choosing the right profession: Deciding on the right career can be quite daunting, but it is a decision students should make before pursuing their higher education.

The accounting profession remains one of the most sought-after and respected professions. From giant corporations to small private businesses, every organisation depends on qualified accountants to sustain their business.

The ACCA (the Association of Chartered Certified Accountants), the global body for professional accountants, certainly understands what the industry requires of the next generation of accountants.                                                    

Myths and misconceptions: There are still some people who do not fully understand what accountants do. A common myth is that accountants are only number crunchers and paper pushers.

“What most do not realise is that accountants of today are increasingly depended upon to look beyond the numbers to provide strategic business counsel,” says Jennifer Lopez, ACCA Malaysia’s Country Head. “Accounting is no longer just about compliance but also performance and providing strategic value to the business.”

The ACCA Qualification is one that trains aspiring accountants to have both technical and analytical skills. “The ACCA Qualification combines technical exams and requirements with practical hands-on business experiences giving our trainees transferable skills in any business role they walk into, whatever the industry,” says Lopez.

This, in fact, busts the myth that a person with an accounting degree can only work as an accountant. With a qualification like ACCA’s, trainees have the freedom to choose from various occupations, including forensic accounting, investment management, and risk management.

A vibrant industry: “This is a very exciting time for new accountants to join the profession,” continues Lopez. “As business expectations of the finance function increase and regulations become more complex, the accounting profession has become more challenging, more interesting, and more integral to a successful business.” An ACCA Qualification can certainly be a passport to success.

To find out more about the ACCA, go to www.accaglobal.com

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