Accounting industry has a great effect to the financial operation process of a company.
These days, most companies have a separate accounting department, so the personnel in this field are always welcomed by companies and organizations.
The Accounting Department usually not only manages revenue issues, production costs, but is also legally responsible for financial transactions such as taxation or using data to predict the expansion of a company.
1. Who will be consistent with this field?
If you are passionate about learning and working in a financial environment, this will be a perfect choice.
But you should know that Accounting is not only be good at Mathematics but also Trade and Economic Law. In addition, Accounting students also need to study Taxes, Monetary Policy and Financial Transactions.
To learn well and build a career in this industry, you need to be sensible, careful and love to work with numbers.
2. Why choose to study accounting in Canada?
Canada not only has a world-leading education in health, transportation and mechanics, aerospace, microelectronics, biotechnology … but also a leading country in accounting and finance in the world.
Study in Canada as an Accountant is an ideal choice for international students with international standard education, diverse employment opportunities, high income and opportunities to settle in Canada.
The system of professional training schools is stick to the recruitment demand of the market.
The course, which includes Co-op programs, allows students to interact with employers when they are still in school
The program provides you with a solid foundation in accounting, as well as broad-based business skills related to accounting software, spreadsheets and databases, economy, communications, laws and taxes.
These learning experiences will allow you to build and demonstrate the skills you need to work in Accounting Industry.
3. What skills graduates could gain?
The graduate has demonstrated the ability to:
- – Handle common business transactions
- – Prepare financial budgets and plans to support management decisions
- – Performance analysis
- – Prepare and present financial statements, reports and other documents
- – Contribute to make decision by applying fundamental management accounting concepts.
- – Prepare individuals’ income tax returns and basic tax planning in accordance with relevant legislation and regulations.
- – Analyze organizational structures, the relationship of functional areas, and how they affect financial performance.
- – Analyze the impact of economic variables, legislation, ethics, technological advances and the environment on an organization’s operations.
- – Outline the elements of an organization’s internal control system and risk management.
4. Employment demands
According to the Canadian government (Canadian Job Bank Government) analysis combined with an assessment of labor market conditions in recent years, it is expected that in the period 2015-2024 about 75,100 people in the accounting sector will be recruited mainly due to the Canada’s aging population and by 2024 there will be 45,000 of retired accountants.
Top industries have demand to recruit financial accounting in Canada:
5. To work in accounting and finance sector in Canada, you need to have a degree:
Currently, most public colleges in Canada offer accounting programs with many credentials you could apply: Diploma, Advanced Diploma, Bachelor degree, Post Graduate Program, Master program.
The curriculum usually lasts from 1 to 4 years depending on the course. When you apply for a job, you will be given priority when you have work experience. It would be better if you apply in Co-op learning programs, your profile will be more advantageous.
Positions you can obtain:
- – Financial accountant
- – Legal accountant
- – Tax accountant
- – Management accountant
- – Auditor
- – Accounts Analyst
- – Bookkeeper
- Lectures 0
- Quizzes 0
- Duration 50 hours
- Skill level All levels
- Language English
- Students 0
- Assessments Yes