Chartered Accountants of Australia - Learn About Chartered Accountants, Achieving a Success
Posted: Apr 12, 2020
The Chartered Accountants of Australia is a union representing the professional and highly experienced accountants of all states and territories. It was founded in Sydney in 1868 by two brothers, Lewis and James Brown. The aim of the CAA is to promote the profession of accountancy in the country by conducting its membership affairs and advocating the professional standards.
"We should learn to be more self-reliant in the analysis of business transactions", says Donald Pearce, CAA's President. "We need to be able to see through what the client is trying to hide, because we don't always know what they are hiding. Most accountants in Australia can relate to that."
Sydney is the business capital of Australia and many accountants have been looking for ways to add their name to the prestigious list of accountants. One of the best ways to get on the professional team is to take up an apprenticeship with an established firm that has been in the business for a long time. During this period you will learn the trade, learn the skills, and fine-tune your skills.
Sydney is the administrative capital of Australia. It was in fact a town called New South Wales (now called Sydney) which was located at present-day Parramatta. As the city expanded, the suburbs of Surry Hills, Hurstville, Kings Cross and Redfern were developed. All these areas became part of the modern Sydney.
So you see, New South Wales and Sydney are not the same place. The two are not even the same cities. For instance, both of them have public schools, churches, opera houses, and movie theatres. However, they do not have the same types of attractions, so to speak.
There are many different areas that make up Sydney - North Shore, Central Business District, North Inner, Hyde Park, Northern Beaches, etc. The chartered accountants of Australia have specialized in different areas of accountancy.
But the one area where the Chartered Accountants of Australia has really thrived is in the field of Corporate Accounting. This particular type of accountancy covers a wide range of issues and areas. It includes audits of the accounting records, corporate plans, financial statements, financial planning, corporate finance, and various other aspects.
"Accounting is a vital part of the successful running of any company," says Donald Pearce. "Any company that goes into a business needs to be well prepared for the challenges ahead. A well-prepared accountant is the one who can help your company grow into a success and not run into trouble at the end of the year.
The chartered accountants of Sydney has expert knowledge in corporate law, labor law, tax law, employee benefit law, medical benefit law, employee relations law, corporate governance, marketing, telecommunications, internet law, telecommunications law, administrative law, real estate law, and the activities of the Australian Securities Exchange. This is a very comprehensive list, and the Chartered Accountants of Australia has members who have been trained in each of these areas.
Not all the Chartered Accountants of Sydney has done their apprenticeships at the same establishment, and some of them have worked elsewhere in addition to the apprenticeship program. They all are dedicated to the profession and they all put their knowledge and skills to work to achieve the best results. With continued professional development, they keep evolving the profession, while making sure that their clients have the best possible experience.
"It's not just accountancy, it's the corporate industry as a whole," says Pearce. "For someone who has left his or her traditional career behind to become an account accountant, it's a huge step. He or she wants to make a difference and be a part of something that is significant in the world of business.
If you want to work with the Chartered Accountants of Sydney, you'll have the advantage of having a business education. As well as an accounting training experience. This makes it possible for you to take up an apprenticeship, as well as obtaining employment.
Accountants are trained to review the financial records of companies, individuals, and other businesses.