Description

Certified public accountants (CPAs) generally handle the accounting, tax, reporting and or or audit processes for governments, corporations or individual clients. Their duties may vary depending on their employer and specialization. However, tasks commonly performed by CPAs include reviewing their company's financial information; preparing documentation or reporting related to finances, taxes, or audits; and staying up-to-date on changes in government regulations. They may also perform audits for their organization, as well as make suggestions on improving bookkeeping and recordkeeping processes.CPAs usually work in an office setting with significant computer-based work. They may have to work long hours, especially during the annual tax season (January to April). CPAs may work in a variety of settings, such as larger or small accounting firms, companies in a range of industries, non-profit organizations, or local, state, or federal government agencies; they may also be self-employed. These accountants may have a specialization such as financial planning, taxes, auditing or valuation, among others.Requirements to become a CPA vary by state. A bachelor’s degree with significant coursework in accounting and business administration is generally needed; these professionals also need to pass the four-part national CPA exam administered by the American Institute of Certified Public Accountants (AICPA). Additionally, each state has its own requirements for licensure by the state board of accountancy.

Roles & Responsibilities

As a Certified Public Accountant CPA with 6-9 years of experience in the AE, your main responsibilities include:

  • Conducting financial audits, examining financial records, and ensuring compliance with relevant laws and regulations.
  • Analyzing financial data, preparing reports, and providing strategic recommendations for improving financial performance.
  • Managing and supervising a team of accountants, overseeing their work, and providing guidance and training as needed.
  • Collaborating with clients, stakeholders, and external auditors to address financial concerns, resolve issues, and provide expert advice on financial matters.

Qualifications & Work Experience

CPAs are certified public accountants (CPAs) typically manage tax, accounting or auditing procedures for corporations, governments or private clients. Their responsibilities can vary based on their employer and the area of specialization they work in. The most common tasks performed by CPAs include reviewing their firm's financial statements; preparing documents or reports related to finances taxation, audits, or taxes and keeping up-to-date with the latest changes to government regulations. CPAs can also conduct audits for their company and make suggestions for improving the records and bookkeeping procedures.

Essential Skills For Certified Public Accountant (CPA)

1

Business Accounting

2

Accounting Terminology

3

Advance Accounting

4

Customer Accounts

Career Prospects

The role of a Certified Public Accountant CPA with 6-9 years of experience in Asia's finance industry is vital for ensuring efficient operations and cash flow management. For professionals in this field, there are several alternative roles worth considering. Here are four options:

  • Senior Accountant: This role entails more extensive responsibilities, such as financial reporting and regulatory compliance.
  • Treasury Manager: A position focused on managing cash and liquidity requirements for an organization, including forecasting, risk management, and investment activities.
  • Procurement Manager: This role involves managing supplier relationships, negotiating contracts, and overseeing purchasing processes.
  • Financial Analyst: A position focused on monitoring financial performance, developing forecasts, and providing insights to support strategic decision-making.

How to Learn

The Certified Public Accountant (CPA) role in the United Arab Emirates (UAE) is projected to experience significant growth in the market. According to Google, the job role has shown a steady increase in demand over the past ten years. This trend is expected to continue in the future, with a positive outlook for the CPA profession. As the UAE continues to develop as a global business hub, the demand for CPAs is likely to rise, leading to a greater number of employment opportunities within the country. Overall, the job growth and employment prospects for CPAs in the UAE appear promising.