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Tuesday, October 7, 2014

Accounting Professionalism

Today, one of my student came to me. He is accountant in a company at same salary from 10 years. Now, due to inflation, he is facing difficulty to make bread for his family. He came to me for good advice.


I gave only one advice. You will have to become accounting professional instead of only accountant. You need to learn accounting professionalism. So, for one hour class, I tried to teach him about accounting professionalism. So, same class, I am taking of you. So, lets start if you want to grow your earning from Rs. 10,000 to Rs. 1,00,000 per month.

Q : 1 What is Accounting Professionalism?

Ans. Accounting professionalism is the process of changing your own identity in the field of accounting. Instead of just doing accounting work in company, accounting professionalism provides you the skills for selling your accounting service. It is not limited to one company. You are universal identity. In the accounting industry, you are accounting professional and you have to create your own brand. When you trust in yourself as professional, you have learned accounting professionalism.


Q : 2. What are Benefits of Learning and Using of Accounting Professionalism?


When you start to learn and using accounting professionalism, you will find a new identity in yourself. Yesterday, you were just accountant who was so tired by recording the transaction. But, today, you are just different from this. Yesterday, you do prefer just physical work. Today, you have started your great machine which is your brain which is more powerful than your boss or businessman. When you will compare your personalities, you will start to learn more about accounting professionalism.


  • You will get updates all accounting standards because you are now accounting professional. Someone can extra service from you for learning updates and you can get more earning.
  • You will get all tax knowledge with updates. Rules will on your fingers. You also become the person, other companies wants your tax consultation. Do you know big MNCs want big tax from Indian Govt. All are searching great accounting professional. Instead of choosing other, why should not they choose you. 


Q : 3 How to Grow Accounting Professionalism?

Answer is very simple. Open net and be updated. Yesterday, I had written one accounting content. You were lazy and you did not read. Why? Answer is you have become lazy. Knowledge is the great tool for becoming perfect accounting professionalism.

Example on the Research

You know great Accountants of the World started one content Accountancy in Wikipedia. Now, they changed its  title as  accounting which is one of most important content of Whole wikipedia which is international notable. Only for changing the title from accountancy to accounting. There is big debate among the accountants who are providing and sharing their free knowledge on wikipedia.

They changed title from accountancy to accounting because

  • News search's hit of accounting  is more than accountancy search hit. 
  • Google search of accounting keyword is more than accountancy keyword. 
I am just writing this example because they all have to make superhit the wikipedia on Google. So, they learned editing professionalism. When they learned editing professionalism, why do you not learn accounting professionalism for becoming superhit in the market. Do research every day. This is the basic mantra of your growing accounting professionalism.

Get the Way from Accounting Professionalism to Entrepreneurship 



You have to go forward. Know, how?

Example : There was an uneducated woman. She had 5 Cows. She had 4 children. Her husband had died in accident. Now, her responsibility was to feed her cows and children. Now, she thought an idea. She went near the temple. She started to sell the grass to the devotees of temple. Soon, she realized that she had earned Rs. 1000 per day and Rs. 30,000 per month plus cows' milk. So, by this idea, she earned Rs. 50,000 per month. Cows were of that woman. Duty to feed was her. But she sold to the customer who need the grass.

Like this, everyday, you have to think new and new ideas for growing your accounting profession. I am also accounting professional. I also think everyday new ideas. Try to minimize your investment. Grow your accounting profession beyond the limits of your country. By thinking new ideas and take the decision without fearing will give you the way to entrepreneurship from accounting professionalism.

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