Chartered Accountancy

Deepak Dubey | Chartered Accountant | Dubey and Company

What is Chartered Accountancy?

You may be curious about a Career in Chartered Accountancy. One should first understand What a Career in Chartered Accountancy entails before investing time and effort to figure out How to start a Career in Chartered Accountancy. It is best to learn about Chartered Accountancy from a real professional, this is akin to getting it from the horse's mouth.

Chartered Accountant Deepak Dubey has 31 years of professional experience in Chartered Accountancy. Chartered Accountant Deepak Dubey outlines Chartered Accountancy as:

Chartered accountant offer financial advice, audit accounts and provide trustworthy information about financial records. This might involve financial reporting, taxation, auditing, forensic accounting, corporate finance, business recovery and insolvency, or accounting systems and processes.

How Chartered Accountant Deepak Dubey got into Chartered Accountancy?

After completing my Schooling from St Georges College, Mussoorie, I did my Graduation in B Sc from Hansraj College, Delhi University. I then did my LLB from Faculty of Law. I worked at various places as a Chartered Accountant and finally opened my own company Dubey and Company in 1987.

Chartered Accountant Deepak Dubey's Talk on Chartered Accountancy

The Journey of a Chartered Accountant: Deepak Dubey's Insights into a Dynamic Profession Chartered Accountancy is often perceived as a traditional career, but as Deepak Dubey, a seasoned Chartered Accountant and founder of Dubey & Company, reveals, it encompasses much more than mere number crunching. With an accomplished educational background—including a law degree and decades of practical experience—Deepak shares his valuable insights into the profession, the skills and education required, the benefits it offers, and the challenges it presents. This article delves into the journey of a Chartered Accountant through Deepak’s eyes, providing a rich understanding of what this dynamic and evolving career entails. What Is Chartered Accountancy? Chartered Accountancy is a prestigious certification in the financial sector, governed by the Institute of Chartered Accountants of India. It requires candidates to successfully navigate a series of examinations to earn the coveted CA title, which empowers them to sign and authenticate financial documents, such as audited balance sheets. Graduates in this field can pursue various paths, including employment in firms, starting their business ventures, or establishing independent practices. As Deepak emphasizes, Chartered Accountancy is not just about managing finances; it is also about providing strategic input to businesses, making this profession both vital and influential in today’s complex economic landscape. Education Commerce A solid foundation in commerce is crucial for anyone aspiring to become a Chartered Accountant. This background enables individuals to grasp the financial principles and practices deeply embedded in this career. Deepak mentions that while alternative pathways exist, without a commerce background, one might find it challenging to navigate the various aspects of accounting effectively. Students looking to excel in this field must prioritize their knowledge of commerce during their education to build a robust framework for their future career. Mathematics Mathematics plays an indispensable role in Chartered Accountancy, as it involves handling various calculations, analyses, and financial models. Deepak notes that having a strong mathematical background can significantly enhance a professional’s ability to perform calculations accurately and efficiently. While proficiency in mathematics isn't the sole determinant of success in this field, it undoubtedly provides a competitive edge, especially when dealing with complex financial equations and data interpretation. Accounting An in-depth knowledge of accounting principles is paramount for aspiring Chartered Accountants. As articulated by Deepak, understanding how to create balance sheets and interpret financial statements is essential for effective practice. This knowledge not only aids accountants in their day-to-day responsibilities but also instills confidence in clients who rely on their expertise to manage their businesses. Therefore, aspiring accountants must focus on acquiring extensive accounting knowledge to thrive in this profession. Computer Knowledge In today’s digital age, computer literacy is essential for Chartered Accountants. As highlighted by Deepak, the majority of calculations and financial analyses are conducted using computer applications, making familiarity with technology a vital asset. Accountants who are adept at using various software tools can perform their tasks more efficiently and stay abreast of the latest financial regulations and standards. This adaptability is crucial to keeping pace in an ever-evolving industry where technology continues to reshape traditional processes. Skills Fast Thinking Fast thinking is a key skill for success in Chartered Accountancy, as professionals often face situations where quick decision-making is necessary. Deepak stresses the importance of being able to evaluate alternatives rapidly and choose the best course of action when faced with financial dilemmas. For instance, whether to pursue a particular financing option or evaluate a business decision demands swift yet judicious reasoning—skills that are honed through experience and continuous practice. Analytical Analytical thinking is fundamental in Chartered Accountancy, enabling professionals to assess diverse scenarios and weigh their potential outcomes effectively. As per Deepak, accountants must quickly analyze various options and their implications on a company's finances. The ability to dissect information critically and extract relevant insights guides accountants in making informed decisions that impact their clients' financial health and operational success. Decision Making Effective decision-making is a cornerstone of success in Chartered Accountancy. Deepak emphasizes that accountants often face significant choices—be it selecting funding sources or advising clients on financial strategies. They must be able to make decisions promptly and accurately, considering the potential risks and benefits associated with each option. This skill requires a blend of knowledge, experience, and foresight, which is cultivated through years of responding to real-world financial challenges. Positives Helps in Business Growth One of the most rewarding aspects of a career in Chartered Accountancy is the opportunity to contribute directly to business growth. Deepak points out that accountants play a crucial role in guiding companies through financial decisions that can enhance their operational efficiency. By assessing financing alternatives and advising on risk management, Chartered Accountants help their clients navigate the complexities of financial decision-making, ultimately fostering growth and stability in the business landscape. Meeting New People Another enriching dimension of being a Chartered Accountant is the chance to meet diverse individuals from various sectors and backgrounds. Deepak notes that interactions with clients—from small manufacturers to large corporations—provide an invaluable opportunity to learn about different industries and their challenges. This exposure enhances not only professional knowledge but also personal growth, as accountants develop networking skills and broaden their perspectives. Continuous Learning The field of Chartered Accountancy is one that mandates continued learning, given its dynamic nature. Deepak emphasizes that professionals must stay abreast of the latest regulations, accounting standards, and industry developments. This culture of continuous learning ensures that Chartered Accountants remain relevant and effective in their roles, adapting to changes and evolving their skill sets to meet emerging demands and challenges in the finance sector. Challenges Updated With the Latest Laws Staying updated with the latest laws and regulations is a significant challenge for Chartered Accountants. As Deepak highlights, the constant emergence of new legislation requires accountants to be vigilant and proactive in their learning. This is crucial not only for compliance but also for providing accurate and timely advice to clients. The evolving regulatory landscape means accountants must dedicate time to research and keep their knowledge current, which can be demanding amid a busy schedule. Meeting Deadlines The pressure to meet deadlines is a reality that Chartered Accountants face regularly. According to Deepak, timely filing of financial reports and other regulatory documents is essential to avoid penalties and maintain client trust. This emphasis on punctuality can create considerable stress, as professionals must balance the need for accuracy with the urgency of deadlines. Learning to manage this pressure effectively is crucial for success in the profession. Competition Like any profession, Chartered Accountancy is marked by intense competition. Deepak notes that many aspiring accountants are vying for the same opportunities, making it essential for professionals to distinguish themselves through expertise and quality of service. Building a solid reputation often requires ongoing investment in skills development and staying ahead of industry trends, ensuring that accountants remain valuable assets to their clients. A Day Of Chartered Accountancy Deepak offers a glimpse into a typical day as a Chartered Accountant, revealing a structured yet dynamic routine. His day starts early, with time allocated to plan and catch up on pending tasks before heading to the office. Client interactions, meetings, and visits to government offices fill his schedule, requiring efficient time management and adaptability. By the end of the day, Deepak delegates ongoing tasks to his team, ensuring continuity of service while also fostering a collaborative work environment. This glimpse into his daily life underscores the multifaceted nature of Chartered Accountancy, where no two days are ever the same. The profession of Chartered Accountancy is a cornerstone of the financial world, impacting business decisions and fostering economic growth. Deepak Dubey's journey reflects not only the diverse opportunities that exist within this field but also the commitment required to stay at the forefront of a rapidly evolving landscape. As we look to the future, Chartered Accountants will continue to be essential players in navigating the complexities of finance, contributing invaluable expertise to businesses and communities alike.

Install the LifePage App to:

(for Free) Watch Chartered Accountant Deepak Dubey’s full Chartered Accountancy Career Talk

₹ Do a Self Assessment on Chartered Accountancy to calculate your Dream Index, which is defined as:

According to Deepak Dubey your chances of success in Chartered Accountancy is __%

Access your personalized Dream Index Report which will have all your Dream Indices sorted in descending order.

How to get into

Chartered Accountancy?

If you are want to get into Chartered Accountancy, start by investing in a Career Plan.

The 14 hour process, guided by a LifePage Career Advisor, will help you introspect and check whether your interest in Chartered Accountancy is merely an infatuation or is it truly something you wish to do for the rest of your life.

Next, your Career Advisor will help you document how you can get into Chartered Accountancy, what education and skills you need to succeed in Chartered Accountancy, and what positives and challenges you will face in Chartered Accountancy.

Finally, you will get a Career Plan stating which Courses, Certifications, Trainings and other Items you need to do in the next 7 years to become world’s best in Chartered Accountancy.

LifePage Career Plan

14 hour personalized guidance program

Your LifePage Career Advisor facilitates your guided introspection so that you systematically explore various Career options to arrive at a well thought out Career choice.

Next: your Advisor helps you figure out how you will get into your chosen Career and how will you develop the skills needed for success in your Chosen Career.

LifePage Plan will not stop at saying "to become an Architect study Architecture". It will guide you on which Certifications, Trainings and Other items you need to do along with your Architecture education to become the world's best Architect.

Links for this Talk

Chartered Accountant Deepak Dubey's LifePage:

[LifePage]
https://www.lifepage.in/page/deepakdubey

LifePage Career Talk on Chartered Accountancy

[Career]
https://www.lifepage.in/careers/chartered-accountancy-6

[Full Talk]
https://lifepage.app.link/20180113-0002

[Trailer]
https://www.youtube.com/watch?v=jP7MAGUu3s4

(Chartered Accountancy, Deepak Dubey, Dubey and Company, General Accountant, Auditing, Service Tax)

Similar Talks

Chartered Accountancy

Saurabh Agarwal
Managing Partner | Saurabh Agarwal and Company

[ 8 years & 10 months Experience ]

Chartered Accountancy begins and focuses on accountancy. It is the art of record keeping and documentation of financial transactions. It involves compliance of various laws and the tax incidents pertaining to each transaction.

"After completing my CA course in 2003, I started practicing. It's almost 13 years, I am practicing the same and currently, I am the Managing Partner at Saurabh Agarwal and Company."

Accountancy

Hari Prashad Krishna
Accounts Clerk | D A V PG College, Dehradun

[ 2 years & 2 months Experience ]

Accounting or accountancy is the measurement, processing and communication of financial information about economic entities. Accounting can be divided into several fields including financial accounting, management accounting, auditing, and tax accounting.

"After completing 10th, I joined D A V PG college, Dehradun as an accounts clerk and there I completed my 12th and graduation. As an accountant, I was handling Salary, Attendance Maintenance, Due Payment etc."

Chartered Accountancy

Harshit Gupta
Partner | N Kumar Gupta & Associates

[ 4 years Experience ]

A Chartered accountant is one who is specialised in accounting, auditing and taxation. He also serves as a management and corporate caretaker. Some are engaged in public practice work, others work in the private sector and some are employed by government bodies.

"I did B Com (H) from Khalsa College, DU. I did a professional course in Chartered Accountancy alongside. I became a certified Chartered Accountant in 2013. I worked at Ernst & Young for a year for corporate experience. I joined my family firm N Kumar Gupta & Associates as a Partner."

Independent Accountancy

Luisa Amelia Miranda
Accountant | Various Assignments

[ 35 years & 8 months Experience ]

The public accountant is a tax, labor and commercial adviser, related to any type of activity, with and without profit. For profit is when, it refers to making profits either by companies or clients and non-profit are those NGOs or civil associations that need the advice of an accountant to carry out an activity

"I practically liked the commercial activity at the age of 13. Therefore I decided to do my secondary in The School of Commerce Republica de Panama in Concepción, Tucumán, Argentina. There, I graduated in the year 1974, with a secondary degree with commercial orientation. Once I finished my high school I entered the UNT in 1975 and got my degree as an accountant in October 1979. At the end of the first year, I was hired in an internship at the Science and Technology Department, as a translator because I knew English since I had been awarded a scholarship for one year in the United States. The work consisted in making Spanish translations of the Latin American index of poverty. Once I finished university, I returned to my hometown and began working as a teacher in the School of Commerce Republica of Panama, teaching subjects related to my profession. "

Accountancy

Nisha
Account Assistant | Pioneer Property Zone

[ 8 years & 5 months Experience ]

Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations. It is basically the process of managing the income and expenses of a business.

"I was born and brought up in Dehradun. After completing my M Com I worked with an advocate for 6 years and since 2016 I am working with Pioneer Property Zone at Pacific Mall as an account assistant."

Chartered Accountancy

Ashish Kumar
Deputy Finance Officer | DIT University

[ 15 years & 2 months Experience ]

A Chartered Accountant is one who is specialised in accounting, auditing and taxation. He also serves as a management and corporate caretaker. Some are engaged in public practice work, others work in the private sector and some are employed by government bodies.

"I am a Graduate and Post Graduate in Commerce. I have done MBA in Finance. I am also a qualified Chartered Accountant. I have worked with companies like Subros Ltd, Indian Synthetic Rubber Ltd, Technos Electronics Ltd, UPES, PTCUL. I also worked with many CA firms including Davinder SJJAJ & Co, Pradeep Gupta. I am Deputy Finance Officer at DIT University."

Chartered Accountancy

Samir Mahajan
Partner | Surinder Mahajan & Associate

[ 12 years Experience ]

Chartered Accountants offer financial advice, audit accounts and provide trustworthy information about financial records. This might involve financial reporting, taxation, auditing, forensic accounting, corporate finance, business recovery and insolvency, or accounting systems and processes.

"After doing my schooling from Jalandhar, I did my B com from Punjab University and then did my CA from ICAI, Delhi. I worked with Infosys Technologies, Bangalore as a part of Corporate Finance Team and Price Waterhouse Coopers with International Tax Team. I am working as a partner in Surinder Mahajan & Associates."

Chartered Accountancy

Pooja Agrawal
Partner | Batra Agrawal Associates

[ 3 years Experience ]

Chartered Accountants were the first accountants to form a professional accounting body, initially established in Scotland in 1854

"After completing my Schooling from Apeejay, Faridabad, I did graduation in Commerce from SRCC, Delhi University. I have worked with Ernst and Young and Deloitte. Today am a Partner at Batra Agrawal Associates. I have been working as a Chartered Accountant since 2014."

Accountancy

Satpal Singh Gandhi
Head of Audit Section | GMVN

[ 27 years & 3 months Experience ]

Accountancy or accounting is the job of sharing financial information about a business to managers and shareholders. Accountants are people who do accounting, and also carry out the auditing or checking of a company's books and records.

"I did my B Com and M Com from Garhwal University, I also did CMA (Certified Management Accountant) in 1992. I am working with GMVN in the accounts department since 1991."

Chartered Accountancy

Anshul Jain
Chartered Accountant | Godfrey Phillips India Ltd

[ 7 years & 4 months Experience ]

Chartered Accountant offer financial advice, audit accounts and provide trustworthy information about financial records. This might involve financial reporting, taxation, auditing, forensic accounting, corporate finance, business recovery and insolvency, or accounting systems and processes.

"After completing my CA course, I worked with different companies like Bharti Airtel and Nangia & Co Chartered Accountants. I am working with Godfrey Phillips India Ltd since 2016."

Chartered Accountancy

Harshit Gupta
Partner | N Kumar Gupta & Associates

[ 5 years & 7 months Experience ]

Accountancy

Kamal Kishore
Head, Accounts Department | Summer Valley School

[ 29 years & 9 months Experience ]

Accountancy is the practice of recording,classifying,and reporting on business transactions for a business. It provides feedback to management regarding the financial results and status of an organization.

"I did B Com and M Com from DAV College, Dehradun. I joined Doon Valley Pipes Ltd as an accounts officer and in 1997 I switched to Summer Valley School, Dehradun. I am Head of Accounts Department."

Accountancy

Bea dela Cruz
General Accountant | The Hershey Company

[ 2 years Experience ]

Accounting is an art of communicating financial information about a certain business entity to the users, such as investors, shareholders, who might find this information important and relevant for their decisions.

"I graduated as a Bachelor of Science in Accountancy from Ateneo de Davao University in 2015. I formally worked as a tax auditor in Ernst & Young in Philippines for a year and a half before joining the Hershey Company as a general accountant. Currently, I am venturing into business applying all that I have learned from my work experiences at Ernst & Young and the Hershey Company."

Accounting

Aarti Bisht
Accountant | Vkj Private Ltd

[ 5 years Experience ]

Accountancy is the practice of recording, classifying, and reporting on business transactions for a business. It provides feedback to management regarding the financial results and status of an organization.

"I did my B Com from DAV PG College, Dehradun. After that, I worked as an Accountant at Vkj Private Ltd."

International Accounting

ACCA Amit Kumar
Founder & CEO | Pramisha Business School

[ 10 years Experience ]

International accounting is a specialty within the entire discipline that is focused on using specific accounting standards that are as relevant in the US as they are when you are balancing the books of a company overseas.

"After completing my B Com, I did ACCA and started working at Piron Corporation as a Sr Manager. I worked there for almost 3 years and in 2012, joined Axis Risk Consulting in their Accounts and Audit Support Group. After gaining good amount of experience, I started my own business school called Pramisha Business School, which aims to offer world-class business qualification known as ACCA UK to bridge the skill gap in the corporate with sound ethical industry ready professionals with an expertise in IFRS, International Standards of Auditing, UK Taxation, Performance Management, Financial Management and Global Business Law."