The Best Certifications for Boosting Your Accounting Career
To excel in any profession, one must keep on evolving oneself. This is due to the advancement in the growth of every field and innovation. Every new day, new things are identified and implemented. Similarly, to advance in your accounting career, you must keep yourself updated by enhancing your expertise. This can be achieved with the help of various professional certifications. This gives you the chance to increase your marketability and enhances your earning potential. Accounting has various opportunities, and below we have listed some of the best certifications that will help you in boosting your accounting career.
The Best Certifications for Boosting Your Accounting Career
1. Chartered Financial Analyst
Chartered Financial Analyst is a highly sought-after certification that focuses on investment banking and portfolio management. It provides in-depth information towards the understanding of various financial markets and strategies. This opens opportunities for global networking for financial professionals.
2. Chartered Accountant
The next certification on our list is Chartered Accountant. Chartered Accountant is a certification that is considered to be one of the most prestigious accounting certifications available in India. It provides in-depth knowledge regarding financial management, taxation, auditing, and accounting. It is a highly demanding course that is required in various industries, as one can audit various financial statements with ease due to this certification.
3. Certified Financial Risk Manager
The next certification on our list is Certified Financial Risk Manager. The FRM degree is offered by the Global Association of Risk Professionals, which focuses on understanding the market, credit, liquidity, and other risks associated with financial institutions. This opens up opportunities related to banking, asset management, regulatory agencies, etc.
4. Cost and Management Accountant
Cost and Management Accountant is another degree that is quite popular due to its focus on providing knowledge related to accounting, financial planning, and strategic management. This provides expertise in various cost control methods, which helps in making strategic decisions.
5. Diploma in International Financial Reporting
The next certification on our list is a Diploma in International Financial Reporting. This diploma is specifically designed for professionals who wish to understand the financial principles of the global world. It opens up opportunities for the professionals in various multinational companies around the globe. It also helps in improving the financial reporting skills of the individual.
6. Certified Fraud Examiner
Certified Fraud Examiner is a certification degree that caters to professionals who wish to specialize in detecting, investigating, and preventing fraud. They are taught various methods for identifying and preventing fraudulent activities in various sectors and have opportunities in law enforcement, consulting, and corporate security across various sectors.
7. Certified Financial Planner
The final certification we would suggest for boosting your accounting career is Certified Financial Planner. This helps professionals in learning financial planning and wealth management. They have the ability to comprehend and provide expert guidance in the financial planning of the clients. This helps them create long-term clients and is suitable in various advisory roles. They help in maximizing their clients wealth by helping them to distribute their wealth in a way to minimize risk, etc.
