Question

1. what does it mean to be a professional accountant?
2. what are the charateristics of a professional accountant?

Answer 1

1.

Professional accountants in business are diverse, working in commerce, industry, financial services, education, and the public and not-for-profit sectors as employees or advisers. Many are in a position of strategic or functional leadership or otherwise well-placed to collaborate with colleagues in other disciplines and help drive their organizations’ sustainable success.

Renders accounting or auditing services for a number of employees, each of whom pays the accountanta fee for services rendered. He or she does more than just bookkeeping.

A Professional accountant in a specified field is a candidate who has (or has acquired) the qualifications specified by the respective professional accounting body for being recognised as a professional in that field.

2.

Characteristcs of Professional Accountant

• Skills, knowledge and expertise
• Protectors of Public Interest
• Competing Demands
• Commitment to strong values
• Belongs to a recognised accountancy body
• Service oriented Mindset
• Upholds professional standards
• Reliability and Trustworthiness
• Strong Organiational Skills
• Technical and ethical (TEQ)
• Emotional intelligence (EQ)

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Rashi Aggarwal