What is chartered accountancy?

Chartered accountancy involves giving professional advice to organisations on a wide range of business and finance issues.

Chartered accountants assume the role of business advisers, making high-level strategic decisions that aim to improve profitability and increase market share for their clients' or their employer's businesses. 

Many chartered accountants also go on to use their expertise to set up businesses of their own, becoming successful entrepreneurs.

As well as financial reporting, taxation, auditing, forensic accounting, corporate finance and insolvency, accountants are expected to have a solid foundation in business, marketing, economics, finance, management and information systems.

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For a better idea of what a typical day in the life of a chartered accountant involves check out what trainee and qualified chartered accountants have to say about their career in our ACA profiles.

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