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Now the UAE economy may not be the most established of the lot in recent times, but from what we gather - it is in fact, a potential diamond mine for nascent Chartered Accountants Firm in Dubai.<br>
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WhyBecomeaCharteredAccountant? • NowtheUAEeconomymaynotbethemostestablishedofthelotinrecenttimes,butfromwhatwegather-itisinfact,apotentialdiamondminefornascentCharteredAccountantsFirminDubai.Why?SincethefalloutoftheEconomicRecessionin2008-2009isstillcreatingruinsfromcorporaterelicsinthenation.AndLeedsaccountants(orinotherrelatedsmallerandlargercitiesintheDubaiaswell)canbuildakillingintheseopenfieldsofcontrolcorporatefinance&taxes,bothofwhichhavetakenaseverebeatingfromtheFinancialMeltdown. • Youmayargue,though,thatlargerCharteredAccountantsFirmthemselvesweremoredependablefortheeconomicdebaclethanthefirms&banksthemselves.However,theimprovement-aswellassomeoftheboldstepstakentore-structuretheeconomyhasbeentakenbycharteredaccountancyFirmaswell. • So,ifyouareCharteredAccountantsoraspecializedinthatfieldinDubai,lifeshouldbelookingupnow!Hereareadditionalreasonswhy- • TheFearofbeinglaidOff:ISmissing!Yes,whenallyourcolleaguesareconversationabouttheirfearsofbeingbenched-youknowyoucankeepyoujobanddemandapayhikeaswell!Forinthisfinanciallydystopiancivilization,theyarethemostdominantofexpert,especiallywhenimprovementhaseveryone'splatefull. • ConstructiveRoleinEconomicSociety:Whileotherslamentorcontemplateworkingathome,evenaCharteredaccountantcantakeonthereinsfromprovidedthatfinancialfillipforthesociety.So,ifyouhadbeenayouthactivistanddesirableaconstructiveroleinchanging,buildingandnurturingthesociety,doingitasacharteredaccountantisthebestway-especiallyifkeepsyourwalletfullaswell! • TheMaterialisticPartofIt:Yes,accountingFirmknowhowtopaytheirmen-andpaywellatthat!Eveninthemidstofafinancialdownturn,mostaccountantshaveneverhadpaycuts.Thishasmoredowiththeresponsibilitiestheyhandle,especiallyinauditingandtaxes-whichcanmakeorbreakthefutureofthefirmitself. • TheRoadAhead:Forthosejumpingontothefootboardsofthetrainof charteredaccountancy,thefutureisbright.Againtheeconomicrecessionof08-09hasalottodowiththis.Whileotherjobsmayfalloffwiththeadventoftechnologyorbecauseoftheabsenceofit,charteredaccountantsarehereto
stay.EspeciallytoprovideabufferagainstsomethingliketheRecessiontohappenagain.stay.EspeciallytoprovideabufferagainstsomethingliketheRecessiontohappenagain. Areyoustillcontemplatingstudyingforanaccountingdegree?Don't!Becauseifyouhavethewitsandthebudgettopullitoff,youshouldnotbeheldoffbysmallerobstacles.FornotonlydoesaCharteredAccountantsFirmgetpaidinhandsomeamounts,hecanalsoenjoyrespectandcloutinanyfirmheplieshistradein-whetherasafull-timeemployeeorasafreelancer! Forwhenbusinessfinancemanagementistheneedofthehour,nothingelsecanholdthemanagement'sattentionbetterthantheauditorsinform! ThankYou Source:https://medium.com/@raoandross.ae/why-become-a-chartered-accountant-51e4944bcffd