People tend to associate Chartered Accountants with mere number crunchers when you mention them. Below are a few myths about Chartered Accountants.
- Chartered Accountant only work on Historic Data:
It’s true they work on historic data. But what they do with it is to analyse and predict trends for the future. Accessing the historical records is important for that purpose, but that isn’t the only data they use. It’s true they work on historic data. But what they do with it is to analyse and predict trends for the future. Accessing the historical records is important for that purpose, but that isn’t the only data they use.
- Chartered Accountant = Number Cruncher:
This is very common misconception among many people. Playing with numbers is something that most Chartered Accountants love, but that’s not the only thing they do. They constantly work with the clients, ask them the relevant questions and then do their analysis. It is this analysis where stats and numbers are important, not in all their work.
- Chartered Accountants are not Business People:
When people think of Chartered Accountants they assume that CAs have limited role in making business decisions. However that’ not true. They understand the business and have great expertise in financse related subjects. They are often consulted before taking a business decision.
- Chartered Accountants don’t have fun at work:
This is a myth that is common among the people who belong to outside the Chartered Accountancy world. They think that the CAs are always into their laptops and working with numbers. One should remember that the work requires a great deal of creativity and innovation. Gone are the days when all they did was – work on the numbers. Their role is much more prominent now. Besides work – They get into all kinds of fun activities at the workplace and enjoy their time.
The bottom line
Thus, you might have now got an idea of the myths and reality about the Charted accountants. Understand the facts and get to know more about the reality.