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Nairaland Forum / Nairaland / General / Career / Chartered Accountancy? How Lucrative Is It? (18734 Views)
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Re: Chartered Accountancy? How Lucrative Is It? by shigishege: 3:25pm On Nov 18, 2021 |
seunolu7:Mr know it all. How many companies have you created. 9 Likes |
Re: Chartered Accountancy? How Lucrative Is It? by Bimpe29: 3:26pm On Nov 18, 2021 |
It's really lucrative but to get the job opportunity is becoming harder. 1 Like |
Re: Chartered Accountancy? How Lucrative Is It? by mayo47(m): 3:26pm On Nov 18, 2021 |
Doctors of business? Quite disagree delejoye: 2 Likes |
Re: Chartered Accountancy? How Lucrative Is It? by ReeLoaDead(m): 3:27pm On Nov 18, 2021 |
It does not guarantee you a lucrative job but if you work hard and develop your career, like any other professional field, you can eventually make bank! 1 Like |
Re: Chartered Accountancy? How Lucrative Is It? by ReeLoaDead(m): 3:27pm On Nov 18, 2021 |
mayo47:I agree … that’s a stretch! |
Re: Chartered Accountancy? How Lucrative Is It? by Dmeji4444(m): 3:28pm On Nov 18, 2021 |
Yes, couple with years of experience, it will put more than food on your table 1 Like |
Re: Chartered Accountancy? How Lucrative Is It? by FemiZets(m): 3:29pm On Nov 18, 2021 |
Very lucrative, especially if you add an international dimension to it. For instance, in my firm where I'm a managing partner (UK), Graduates can expect to earn salaries of up to £40,000. During training, the average earning potential can be up to £65,000. The average annual salary for a chartered accountant is £84,500, with an average yearly bonus of £17,300. 4 Likes |
Re: Chartered Accountancy? How Lucrative Is It? by Drefaithful(m): 3:34pm On Nov 18, 2021 |
arthurwillia: Almost every professional course is lucrative, but Accounting is one of the most lucrative amongst them. Due to the dynamic nature and available market for the course, the number of chartered Accountant in Nigeria till date is not more than 50k, with the population of 200m. Accounting is only profession that allows non accountant in the field. Provided you passed the ICAN EXAM you are one. I'm an accountant with almost 10 years of experience, I have so many friends who never read Accounting but they are doing great in the field. I have a friend he has 2:1 in Mechanical engineering, his Dad convinced him to enroll for ICAN, he obliged at the same time he was doing his M.eng, as soon as he completed the two, I told him that ICAN certificate will override his Masters in Mechanical engineering, he said no, though he loves Engineering than Accounting, as at today Accounting is what is bringing food to his table. In the light of the above, provided you are sound in Calculation you can give ICAN a trial, though is very tough but it worth doing it. Thank you. 4 Likes |
Re: Chartered Accountancy? How Lucrative Is It? by ednut1(m): 3:39pm On Nov 18, 2021 |
If you have a 2.1 get into an audit firm. In 3 to 4 years you will likely be a manager/assistant manager in a well paying company or be in an audit firm in uk chopping good money. Its all about being strategic 4 Likes |
Re: Chartered Accountancy? How Lucrative Is It? by FFA: 3:40pm On Nov 18, 2021 |
I am a Chartered Accountant and very proud of my profession . Very lucrative and prestigious ...... Over 2 decades of qualification l bless God for what I have achieved and more things He will do. ICAN " INTEGRITY AND ACCURACY" 5 Likes |
Re: Chartered Accountancy? How Lucrative Is It? by miteolu(m): 3:44pm On Nov 18, 2021 |
Very lucrative. |
Re: Chartered Accountancy? How Lucrative Is It? by arthurwillia(m): 3:46pm On Nov 18, 2021 |
Ajehkpako4naija: Guy how far na ![]() 1 Like |
Re: Chartered Accountancy? How Lucrative Is It? by daintyprincess(f): 3:48pm On Nov 18, 2021 |
ednut1:What about those with 2.2 |
Re: Chartered Accountancy? How Lucrative Is It? by Klass99(f): 3:49pm On Nov 18, 2021 |
. |
Re: Chartered Accountancy? How Lucrative Is It? by arthurwillia(m): 3:49pm On Nov 18, 2021 |
Drefaithful: Wow thank you so much for the in-depth explanation and first hand experience examples.. I appreciate your time.. I can see one can really give it a try. And it will pay off But sir are you also chartered already? Or still in the process |
Re: Chartered Accountancy? How Lucrative Is It? by arthurwillia(m): 3:53pm On Nov 18, 2021 |
seunolu7:How many start ups you get abeg? How many merger you don merge? Low life online keypad warrior 5 Likes |
Re: Chartered Accountancy? How Lucrative Is It? by dinodangana(m): 3:55pm On Nov 18, 2021 |
Being Chartered when Nigeria was less corrupt than this was a really lucrative and prestigious career, but right now having a chartered connection is key if you are looking for a job. 70 out of the 100% of us who started the journey are mostly employed in FIRS, CBN, PEF, NNPC, etc, and guess what, the 70% I'm talking about didn't even make it to the final stage of ICAN, the rest of us who qualified are either still jobless (like myself) or working for peanuts. But as my one of my lecturers said, it's better you do it and know that u've done it so that when an opportunity comes it won't pass your door. To answer your question, it is lucrative if you are in position, and my recommendation is, do it but do not depend on it! With my MBA and ICAN, many ppl don't even know I am a university graduate because I hustle like I have none, but when the opportunity comes my papers will speak for themselves! Cheers! 6 Likes |
Re: Chartered Accountancy? How Lucrative Is It? by arthurwillia(m): 3:56pm On Nov 18, 2021 |
Harrykn:Scattered ke? 1 Like |
Re: Chartered Accountancy? How Lucrative Is It? by arthurwillia(m): 3:56pm On Nov 18, 2021 |
amiibaby: Are you chartered? |
Re: Chartered Accountancy? How Lucrative Is It? by arthurwillia(m): 3:57pm On Nov 18, 2021 |
Sebastine1994: Are you chartered? Anyone close to you chartered? |
Re: Chartered Accountancy? How Lucrative Is It? by OvaSabi1(f): 3:57pm On Nov 18, 2021 |
If you graduate young and with 2:1 and above, very lucrative. If not you're just wasting your time and money. 1 Like |
Re: Chartered Accountancy? How Lucrative Is It? by dinodangana(m): 3:59pm On Nov 18, 2021 |
That is not true, a friend of mine had 3rd class, got chartered, got an opportunity and he's doing well OvaSabi1: |
Re: Chartered Accountancy? How Lucrative Is It? by arthurwillia(m): 4:00pm On Nov 18, 2021 |
FemiZets: Lol boss you’ve gone far oo!! We are talking of Naija now? And is there anyway that a chartered accountant can be recognized in uk? |
Re: Chartered Accountancy? How Lucrative Is It? by OvaSabi1(f): 4:01pm On Nov 18, 2021 |
daintyprincess: 2:2 without ican and above 25, you would find it extremely difficult in the labour market without connections. |
Re: Chartered Accountancy? How Lucrative Is It? by arthurwillia(m): 4:02pm On Nov 18, 2021 |
FFA: Wow please can I link up with you your mail please |
Re: Chartered Accountancy? How Lucrative Is It? by Naijabad: 4:03pm On Nov 18, 2021 |
I wouldn't have been where I am today without ICAN. After qualification, make sure you add some skills relevant to accounting such as excel skill, Sound knowledge of IFRS, Good knowledge of Nigerian tax laws and how to defend tax position, Knowledge of international finance, know how to recover excess bank charges from dubious banks (because 90% of Nigerian Banks are dubious), etc. If you are good at the above, you will consult for other companies aside your primary place of employment. What I have earned from side hustle is far more than what I currently earn per month, all thanks to FCA after my name. As per difficulty, ICAN of today is one of the easiest exams any slowpoke can pass. 4 Likes |
Re: Chartered Accountancy? How Lucrative Is It? by arthurwillia(m): 4:04pm On Nov 18, 2021 |
dinodangana: Hmm wow that’s a lot.. thanks |
Re: Chartered Accountancy? How Lucrative Is It? by budaatum: 4:06pm On Nov 18, 2021 |
arthurwillia: No course is lucrative in its own right. You got to put in work to make it lucrative for you. I know chartered accoutants who are struggling too. 1 Like |
Re: Chartered Accountancy? How Lucrative Is It? by daintyprincess(f): 4:06pm On Nov 18, 2021 |
OvaSabi1:Okay ma Thank you |
Re: Chartered Accountancy? How Lucrative Is It? by Laxy009(m): 4:09pm On Nov 18, 2021 |
I’m a Chartered Accountant . I’m proud to be a member of this noble profession . It’s lucrative so far you’re ready to pay the price. 1 Like 1 Share |
Re: Chartered Accountancy? How Lucrative Is It? by seunpas: 4:09pm On Nov 18, 2021 |
Not that Lucrative But can position you for opportunities. At times those that are not even Chartered are more successful, it depends on the company you find yourself. 2 Likes |
Re: Chartered Accountancy? How Lucrative Is It? by OvaSabi1(f): 4:10pm On Nov 18, 2021 |
daintyprincess: Best thing is to start working on your ican or anan. Also be humble and ready start small and before you know it, you're climbing the ladder quickly after a few years. 2 Likes |
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