Who's Who Career Guide for Future Leaders (in Namibia), by Thea Visser

Who's Who Career Guide for Future Leaders (in Namibia), by Thea Visser. Virtual Marketing. Windhoek, Namibia 2017. ISSN 2026-7738. ISBN 9772026773008

What is a rewarding career? A career with a high salary? A career which has a respected postition society? A career with mobility and excellent prospects? The accountancy profession offers all of these opportunities, as well as a challenging and varied work environment. Thea Visser's Who's Who Career Guide for Future Leaders answers to many concerns that young folks in Namibia will be struggeling with.

Thea Visser  

TIPS: How to Become a Top Accountant

Accountancy is essentially the effective management and administration of the financial affairs, and accountants are a vital part of any organisation's operations. As a professional accountant, you have the opportunity to pursue a variety of finance careers in any of the world's financial centres and in any business sector. Professional accountants are employed in the public or private sector, industry or commerce, and across the whole spectrum of financial work; from audit and public practice: to management or financial accounting; in taxation related work; or in management consultancy and financial services. Accountants are often perceived as boring 'number crunchers', but the variety of career opportunities open to the professional accountant highlights this as a misconception. With accountancy you have the luxury of career mobility; the freedom to choose your own career path and the opportunity to gain the knowledge and skills required to rise to the top in your chosen field. To benefit from career mobility you must acquire the skills that employers want. Employers want quality personnel, professional, flexible and adaptable employers. How do you acquire these skills? To become a qualified accountant in Namibia and in other countries around the world the generally accepted route is to complete undergraduate and post graduate studies, with a minimum practical training period and then to pass the required professional examinations of a professional accountancy body you want to join for membership. There are only two resident accounting bodies in Namibia: The Institute of Chartered Accountants of Namibia (ICAN) and the Namibian Institute of Professional Accountants (NIPA). ICAN is a member body of the International Federation of Accountants (IFAC). IFAC contributes to high-quality international standards and guidance, helps build strong professional accountancy organisations and accounting firms, and supports high-quality practices by professional accountants - all necessary infrastructure for the effective functioning of the world's investment markets and stock exchanges. The objective of an IFAC member body is to establish fair and proportionate educational entry requirements to professional accounting education programmes that protect the public interest through the setting and maintenance of high-quality standards. These professional bodies therefore prescribe their education requirements and it is advisable to confirm this with the applicable body before you decide on what and where to study. In Namibia, the accountancy profession is unregulated except for three areas, which are regulated by law. These three areas are: investment advice, insolvency work and company audit work. Individuals wishing to practise as an auditor in Namibia are required by law to register with the Public Accountants and Auditors Board (PAAB), after completion of the training contract at an approved public practice and passing the required qualifying examinations. There are various flexible study options to students; for trainees to study on a part-time basis while working full-time; fulfilling their work experience requirements at the same time. Although working whilst studying for a professional qualification can be both demanding and time consuming, it is often to the students' advantage, as they have the opportunity to implement what they learn in the classroom to the real work situation. As mentioned previously, qualification as a professional account is achieved through a combination of study and work experience. The accountancy experience can be gained after or during study for the qualification. In Namibia, the required experience is a minimum of three years, and to qualify as a company auditor, this must be approved and supervised practical training under a registered auditor. [...]

This is an excerpt from Who's Who Career Guide for Future Leaders (in Namibia), by Thea Visser.

Title: Who's Who Career Guide for Future Leaders
Executive editor: Thea Visser
Publisher: Virtual Marketing
Windhoek, Namibia 2017
ISSN 2026-7738
ISBN 9772026773008
Softcover, 17 x 24 cm, 149 pages, throughout colour photos