About Accounting

Since HK was goverened by UK before 1997, so ACCA is a qualified accountant standand in HK, many employer will base on how many paper you have passed in this exam.

But my cousin she is a Guangzhou citizen, she joined in a large Corporate accountany firm ( sorry I don't want to disclose her company name ), after she worked in there 2-3 years later, that company send her to Toronto to take a Senior Manager post for 18 months, but before she transit to Toronto office, her immediate boss told her to obtain a "Qualified Accountant Licence as those in US" ( I forget what is that Association name ), but as I know she need to take flight to one of US province to take that exam.

I share this story with you is to tell you know, no matter which major you take, those important is what aspect you want to develop yourself? and at which state or country you want to further advance yourself.

Just like my cousin now she is Guangzhou is look after those US client's accountacy work.

I suggested you to define your priority interest first.

Job seeking is depending your luck and what people you will come across.

There are two stream of work in the field of accounting in Hong Kong, Audit accounting and Business accounting.

Audit Stream :

Working in audit firm is one stream : you need to work like a dog with low salary for three years to gain the experience, Then start your real business as auditing accountant and sign paper.

In the three years you also need to study and try to pass the account exam. Of course , you can try to pass the ACCA exam before hand.

Business Stream:

Working as accountant in business world without auditor signing authority, you need to work in a financial company, bank or fund house to gain experience. They pay quiet well.

Then you need to get to the top of the company throught position leader. In this part knowledge counts, you need to have knowledge of Chinese law, taxation, and common law, banking knowledge, in order to be a good help hand of your company.

Many company in HK have subsides company in China, you may need to go to China to audit their account.

For this stream, banking especially bills, business loan, foreign exchange knowledge is the most wanted, so if you can work in these section of a bank first, you will be welcomed. You need to work in a bank for at least a year to get exposure of these knowledge. You can then give advice to the boss how to get loan from bank and how to handle international profit transfer to get the most from interenational business.

Working in a fund house will help you to find out how to get a company listed in the stock market and get fund from fund house.

Working in government taxation related department for 2 years can also help your carreer.

With these experience on hand you can choose a good company and work as accountant for life. Or switch a better company as you like.