Accountancy is the backbone of any and every industry.This is foremost reason why subjects related to finance and accountancy are always in the limelight. The people who deal with finances and accounts are commonly referred to as accountants. They are usually in charge of preparing financial statements, maintaining financial records, and consultancy related to finances. For example, they give suggestions on how cost can be reduced? And also the methods in which revenues and profits can be increased. Further, they also make sure that the taxes have been paid based on government regulations and the data backup is properly maintained for future references.
Employment opportunities in accounting can vary at different levels starting from entry to executive. It deals with the most sensitive sections of an organization that includes financial management, payroll, and auditing. The demand for financial accounting is constantly on the rise because of the increasing demand in the business world.
Today we are going to discuss the scope of financial accounting in Canada.
Generally, it has been observed that the students who decide to take up masters in accounting in Canada desire to build a sustainable stable career around the subject. Students can get an opportunity to work as a corporate or public accountant, financial auditor or IT auditor, fraud examinee, etc.
Course Details Of Financial Accounting In Canada
The average expense required to take up a course in financial accounting in Canada is approximately 42,300 USD. And a full-time course of financial accounting in Canada has a tenure of two years and is divided into here semesters.
The course on financial accounting in Canada focuses on areas like banking, taxation, insurance, financial strategies, etc.
The main reason why this course has gained so much popularity among students in Canada is that they offer scholarships to students ranging from 2,300 USD to 3,800 USD annually.
Scope Of Financial Accounting In Canada
- High Demand- There is a high demand for accountants who have a degree in accounting. Despite Canada going through 3 % inflation in the year 2017, the salaries were hiked by 7% to 11%.
- Increased growth in recruitment- There has been a 10% growth in recruitment. Further, there are More than 3, 873 vacancies in Canada for an accountant.
- Financial services have witnessed a growth of 2% than that of legal services in the field of accounting.
- High Salary Packages– For students who aspire of becoming a chief financial analysts Canada is the place to be as they offer the highest salary i.e, 1, 20.400 USD.
The below image shows the scope of job opportunities in the field of financial accounting in Canada in terms of salary in USD
Another reason why students prefer taking up a financial accounting course in Canada is that it does not just give ample opportunities to students to build a sustainable career in the field of finance but it also ensures that students can complete their course.
Canada offers online assignment help to students with the help of assignment writer Canada; financial accounting is a critical subject that unlike most subjects is mostly dependent on calculations. It requires students to go through critical analysis that is required to solve assignment problems in financial accounting. Since it deals with numbers the assignments must be written with accuracy.
Finance Assignment writers from SourceEssay assist students in understanding the concepts of financial accounting. Students who take up a course in Canada can seek their guidance.
This is why students in Canada are not scared of going into finance.
Secondly, financial accounting is a subject that is based on rules. Students who are assigned an assignment on financial accounting are given a set of instructions that they need to strictly adhere to. These instructions define how the assignments on financial accounting should be written, the format that should be used, and other related specifications. Students who are new to this subject may face difficulties in understanding the instructions as they are not accustomed to the writing styles. But in Canada, some professional experts make sure students follow these set of instructions. In case students face challenges in understanding the instructions they are guided by professional experts from SourceEssay.
Thirdly, students in Canada can get their assignments written by financial experts who have a good amount of knowledge and expertise. These expert writers write the assignments keeping the set of instructions in mind that have been provided to the students. Every assignment is written with 100% accuracy ensuring that the quality of assignments is very high.
Fourthly, Rework can be tremendously boring, time-consuming, and strenuous in the case of financial accounting. This is because even a small mistake can get the entire assignment rejected.
To help students get their assignments accepted at the first go experts from SourceEssay ensure that all the assignments are proofread by financial experts to make sure they are flawless and non-plagiarized to cut down on the rework.
Therefore it can be said that Canada is a place where students are efficiently guided in the field of financial accounting right from the day they enter a course. Professors paired up with online experts ensure that students are guided throughout the course and even post-completion till they enter the professional world. Starting from writing assignments to clearing doubts online experts guide students at every stage. They make sure students can write high-quality assignments on financial accounting and get instant solutions to any kind of assignment problems. Further, Canada is the only place that ensures that students get placed in high profile companies. The huge vacancy and increasing demand enable students to pick and choose a field related to financial accounting when it comes to choosing a career.
Therefore students stand a high chance of getting themselves placed in a reputed multinational firm in Canada itself after the completion of the course. As a result the percentage of students taking up a course in financial accounting is considerably higher than other places.