Paddling Your Accounting Career

165477500_ASKAccounting is dynamic. To be able to go with the waves, CPAs should be dynamic, too.

Mady, a fresh graduate from college, went to the beach to relax and pamper herself in an exotic resort in the Philippines. She deserves it. After all, she just hurdled past the tough Philippine CPA board examinations last May.

She sat down in one of the chairs stationed at the coast line. After a while, she noticed two men pulling a kayak down the water against the dancing waves with paddles firmly gripped on their sides.

“Wow! I’d like to go kayaking, too,” she told herself.

She keenly observed how the two men did kayaking. After twenty minutes of observing, she thought she learned a lot that she wanted to try kayaking. She was about to stand up to go to the kayak when a thought came up and she realized, kayaking just reminded her of one of the truths of being an accountant – that we should keep on paddling!

Waves in the accounting industry do not cease. The business world is so dynamic. There is a concerted effort around international accounting bodies and organizations to promote and expand accounting education. Through higher quality teaching, accountants develop their communication skills to facilitate effective financial and management reporting. Innovative accounting concepts continue to be discovered to adapt to the changing times.

Accounting, being the language of business, is ever-changing. Because of this, accountants as we are cannot afford to stay stagnant. Steadiness, complacency even, should not be part of any accountant’s dictionary. In fact, if you stop paddling your accounting know-how, you don’t stay the same either. It’s either you get drifted away from the point you should be paddling to or you get pulled to a direction you never envision of going to. To stay in charge of your accounting career, you have to keep on paddling.

How then can you do this?

There are a lot of ways to paddle your accounting career, and going after international accounting certifications definitely tops the menu.

You may choose to further study and get your next title which may be CMA (the gold standard of achievement in accounting and financial management), CIA (the globally accepted certification for internal auditors and remains the standard by which individuals demonstrate their competency and professionalism in the internal auditing), or CFE (accounting professionals tasked to reducing business fraud world-wide to inspire public confidence in the integrity and objectivity within the profession). Select which field that you want to specialize in and paddle your way to your desired destination. With the options presented below, you can be harnessed in paddling your way to a more rewarding career in the industry.

Certified Management Accountant: With this, you can move your career as a management accountant and be of contribution to the business in the field of risk management, internal decision making, planning and cost management, and budgeting, among others. As the business organization keeps on growing, complexities in decision making follow. Be of help to your organization. Be a Certified Management Accountant.

Certified Internal Auditor: Businesses grow into empires. The larger it gets, the riskier it becomes. This is the reason why organizations started to consider hiring more competent professionals to serve as chief audit executives, audit managers, audit staff, risk management staff, and the like. By being a Certified Internal Auditor, you can go even further.

Certified Fraud Examiner: Accounting scandals are one of the big waves that attack business entities. At times, they need Superman or Iron Man to save the stakeholders from big losses that fraud may cause. And because CFEs have a unique set of skills in resolving allegations of fraud, examining data and records to detect and trace fraudulent transactions, obtaining evidence, taking statements, writing fraud examination reports, testifying to findings, and assisting on the improvement of fraud prevention and detection, they can be the Superman and Iron Man to save the valuable investments of business stakeholders. You can be one of them. Be a Certified Fraud Examiner.

Certified Information Systems Auditor: Information systems (IS) play a major role in business enterprises. It is something that you need to have. But information systems are not created equal. Because of this, there is a need for IS audit, control and security professionals. Do you want to grab this highest paying and sought-after IT certification? Raise your banner – be a Certified Information Systems Auditor.

These are not mutually exclusive and if you want to, you can get all these certifications. Don’t you worry, there are still more if you finish these four.

Take it from Mady’s realization – the similarity of kayaking and accounting. Accounting is dynamic and so shall accountants be. As a CPA, to keep on paddling is not an option but rather a necessity in order to stay competitive.

Paddle your way to the end zone.

“The man who graduates today and stops learning tomorrow, is uneducated the day after.” – Newton D. Baker

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