What is Professional Accountancy?

Professional accountancy is actually an accounting field that is specified by a statutory professional accounting body. One of the objectives of the professional body is to conduct courses and examinations for those who want to work in this industry. 

Professional accounting fields include:

  • Cost accountancy
  • Chartered accountancy
  • Management accountancy
  • Company secretary ship

Professional accountancy bodies in Malaysia include:

  • Association of Chartered Certified Accountants (ACCA)
  • Certified Practising Accountants Australia (CPA Australia)
  • Chartered Institute of Management Accountants (CIMA)
  • Institute of Chartered Accountants in Australia (ICAA)
  • Institute of Chartered Accountants in England and Wales (ICAEW)
  • Malaysian Institute of Accountants (MIA)
  • Malaysian Institute of Certified Public Accountants (MICPA)

 

Why take up a Professional Accounting Course?

The completion of a professional accounting course will open doors to:

  • Career options – Professional accountants are needed in many companies and organizations, from finance and management to politics.
  • Better employability – Professional accountants are in high demand. You can choose to work in the ‘Big Four’ multinational accountancy firms, as well as other accountancy firms in your region. Banks, investment banks, management companies and consultancies as well as insurance companies are some of the other places that look for accountants.
  • Opportunity for further studies – You will be able to pursue a postgraduate degree or a professional qualification if you want to.
  • Higher salaries – Together with better career options come better salaries. Mid-career accountants in Malaysia can earn more than RM60,000 per year.

 

What are the skills that a Professional Accountant needs?

Professional accountants need to be detail oriented and have good analytical skills. Attention to detail is an important trait when it comes to identifying and examining financial documents. 

Strong organization skills and good communication skills are also needed when presenting findings and listening to clients and employers. Additionally, accountants also need to have a passion for numbers and be strong in mathematics. 

To be a successful professional accountant, you will need to be able to work with data and details frequently. You may also have to make decisions and take some risks when dealing with businesses. 

A professional accounting course will help you to develop these skills and traits as you learn accounting theories and other tricks of the trade. 

 

Why choose Professional Accountancy at UOW Malaysia?

UOW Malaysia courses related to accounting helps you to Build Your Core Skills to Drive Success and Lead in Accounting. Accountants are depended upon to manage organisations’ financial records and activities, making it an indispensable role in any business settings.

The language of accountancy is globally spoken, making it easy for skilled qualified accountants to find work anywhere in the world.

The Professional Accountancy Centre (PAC) at UOW Malaysia is an ACCA Platinum Approved Learning Partner, which is the most prestigious level. Platinum status is obtained when Learning Partners demonstrate the highest standards to provide students with the best possible chance of success, and this includes the quality and consistency of academic standard as well as student support.

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