My Career Shop

An Accountant's Journey - Ankur Chawla

October 15, 2023 Ankur Chawla Season 1 Episode 1
An Accountant's Journey - Ankur Chawla
My Career Shop
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My Career Shop
An Accountant's Journey - Ankur Chawla
Oct 15, 2023 Season 1 Episode 1
Ankur Chawla

Do you want to become an accountant? Today on the My Career Shop Podcast, I am joined by Ankur Chawla, an Accountant who worked with multiple accounting firms and upon obtaining over a decade of experience, built his own firm. Ankur has a diverse practice with experience in the audit, tax, compliance and advisory fields. In this episode, we will discuss his journey from a high school student to building a successful accounting practice, life at a firm, how to become an accountant in the province of Ontario, the life of an accountant during different phases of the profession, the amount of stress and work life balance in the accounting profession, the type of characteristics you need to succeed as an Accountant, pros and cons about the profession and much more.

Guest Information
Ankur Chawla
AC & Partners
https://www.acandpartners.ca

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Thank you for listening!
Contact me at umair.shaikh@mycareershop.com
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More details regarding each profession can be found at https://mycareershop.com (Under Construction)

THE MY CAREER SHOP PODCAST (“PODCAST”) DOES NOT WARRANT, GUARANTEE, OR REPRESENT AS TO THE ACCURACY OR SUFFICIENCY OF THE INFORMATION FEATURED IN THIS PODCAST. THE INFORMATION, OPINIONS, AND RECOMMENDATIONS PRESENTED IN THIS PODCAST ARE FOR GENERAL INFORMATION ONLY AND ANY RELIANCE ON THE INFORMATION PROVIDED IN THIS PODCAST IS DONE AT YOUR OWN RISK. THIS PODCAST SHOULD NOT BE CONSIDERED PROFESSIONAL ADVICE. UNLESS SPECIFICALLY STATED OTHERWISE, MY CAREER SHOP, LLC DOES NOT ENDORSE, RECOMMEND, APPROVE, OR CERTIFY ANY INFORMATION, PRODUCT, PROCESS, SERVICE, OR ORGANIZATION PRESENTED OR MENTIONED IN THIS PODCAST, AND INFORMATION FROM THIS PODCAST SHOULD NOT BE REFERENCED IN ANY WAY TO IMPLY SUCH APPROVAL OR ENDORSEMENT. MY CAREER SHOP, LLC ASSUMES NO RESPONSIBILITY OR LIABILITY FOR THE ACCURACY OR COMPLETENESS OF THE CONTENT CONTAINED IN THIS PODCAST.

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Show Notes Chapter Markers

Do you want to become an accountant? Today on the My Career Shop Podcast, I am joined by Ankur Chawla, an Accountant who worked with multiple accounting firms and upon obtaining over a decade of experience, built his own firm. Ankur has a diverse practice with experience in the audit, tax, compliance and advisory fields. In this episode, we will discuss his journey from a high school student to building a successful accounting practice, life at a firm, how to become an accountant in the province of Ontario, the life of an accountant during different phases of the profession, the amount of stress and work life balance in the accounting profession, the type of characteristics you need to succeed as an Accountant, pros and cons about the profession and much more.

Guest Information
Ankur Chawla
AC & Partners
https://www.acandpartners.ca

Support the Show.

Thank you for listening!
Contact me at umair.shaikh@mycareershop.com
Please provide a 5-star rating, subscribe and leave a comment on the platform you are listening on! Also, let me know what other professions you would like to hear from!

More details regarding each profession can be found at https://mycareershop.com (Under Construction)

THE MY CAREER SHOP PODCAST (“PODCAST”) DOES NOT WARRANT, GUARANTEE, OR REPRESENT AS TO THE ACCURACY OR SUFFICIENCY OF THE INFORMATION FEATURED IN THIS PODCAST. THE INFORMATION, OPINIONS, AND RECOMMENDATIONS PRESENTED IN THIS PODCAST ARE FOR GENERAL INFORMATION ONLY AND ANY RELIANCE ON THE INFORMATION PROVIDED IN THIS PODCAST IS DONE AT YOUR OWN RISK. THIS PODCAST SHOULD NOT BE CONSIDERED PROFESSIONAL ADVICE. UNLESS SPECIFICALLY STATED OTHERWISE, MY CAREER SHOP, LLC DOES NOT ENDORSE, RECOMMEND, APPROVE, OR CERTIFY ANY INFORMATION, PRODUCT, PROCESS, SERVICE, OR ORGANIZATION PRESENTED OR MENTIONED IN THIS PODCAST, AND INFORMATION FROM THIS PODCAST SHOULD NOT BE REFERENCED IN ANY WAY TO IMPLY SUCH APPROVAL OR ENDORSEMENT. MY CAREER SHOP, LLC ASSUMES NO RESPONSIBILITY OR LIABILITY FOR THE ACCURACY OR COMPLETENESS OF THE CONTENT CONTAINED IN THIS PODCAST.

Introduction
Ankur's Journey
Steps to becoming a CPA in Ontario
Prerequisites to sit for CPA exams
Different exams, tips & skills needed for exams
Exams to pass to become a CPA as of 2023
30 months of experience required (Traditional route vs Experience Verification route)
Summary of steps to become a CPA in Ontario
Why some people fail the exams
Life after getting accounting license
Different areas of practice within public Accounting
What does a junior Accountant do in the audit field
What is an audit?
Amount of hours an Accountant works
Work life balance (Pt 1)
What does a Tax Accountant do?
What is a billable hour?
Work life balance (Pt 2)
What does compliance and advisory work entail?
Is the life of an Accountant stressful?
Skills needed to succeed
Individuals with these characteristics struggle
Is the job redundant?
Things Ankur dislikes about the profession
AC & Partners
Operating a firm vs being a partner at a firm
How much does an Accountant earn?
How long does it take to become a partner?
How much debt do you incur to become an Accountant?
Accounting roles outside of public Accounting