Nearly a third of the chief executives of the 200 biggest companies listed on JSE are Chartered Accountants CAs(SA). And in those same 200 biggest companies 75% of the chief financial officers (the top togs who handle the moola) also hold the CA(SA) designation.
Why? Because having the low down on Chartered Accountancy gives you the edge in business – the edge being an extremely disciplined approach to business.
In addition, a Chartered Accountant usually has:
• Analytical abilities;
• A systematic and logical thought process;
• Good communications skills; and
• A talent for working quickly and accurately with numbers.
So if you want to be a CA(SA), you have to get top marks in most of the subjects you study. And you’ll most definitely have to score well above average grades in Mathematics and English.
Though interesting, fulfilling and rewarding, the profession's requirements are demanding. Not surprisingly, therefore, South Africa suffers from a shortage of Chartered Accountants.
Also not surprising is that Chartered Accountants are one of the highest paid of all the professionals.
Senior CAs(SA) in public practice (fancy name for big firms) and serving as executives in commerce and industry (fancy name for commercial business) are the highest paid earners in almost any profession.
But you can’t be the top dog without working your tail off. You get back what you put in.
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