Education

Career In Commerce – Make A Career In Accounting

In the competitive and modern world of today, people are constantly looking out to learn and earn. There are vast options in career-making and many branches attached to the same. However, one of the leading categories of careers and jobs which has taken a liking and growth in the past few years is Commerce.

 

Ranging from statistics to finance to banking, there is a whole new set of branches in this field as well. Let’s look at one of the top careers in commerce that many are blank about or consider common.

What Is Accounting?

 

Accounting is one of the jobs that people don’t genuinely look forward to because the whole concept of it is common and boring and because of lack of accurate information about the same.

To begin with, accounting is the process of managing finance right from recording to analyzing and is one of the most important aspects of many organizations. It is basically making the right decisions regarding the financial concerns be it payroll, taxes, managing the accuracy of financial records, and so on.

So, where people assume that is a boring job, it is actually quite an impressive one which sums up to become the central aspect of organizations because finance is an essential part of any company and its management automatically is one that needs attention.

Many people associate accounting with a bank but that is not all. There are so many things which are associated with accounts, i.e., banking, taxation, finance, companies act, accounting standards and so on.

Types Of Accountants

Let’s have a look at a few types of accountants that are present today:

Accountant: Normally commerce graduates do job of accounting in which the bookkeeping work and office management is covered. It also covers inventory management,  accounting of taxation, banking and other transactions.

Cost/ Staff Accountant – also known as a management accountant, this type of accountant manages the finance process right from a recording of financial data, budgets, analysis of companies and business organizations.

Chartered Accountant – these accountants deal with taxes, finance as well as perform certain tasks of management accountants.

Government Accountants – these help the government in all their financial activities. Dealing with budgets, public funds, taxes, and so on are part of the government’s functioning.

Auditor – An Auditor must examine the various financial procedures carried out and make sure that their functioning is accurate and intact. They also suggest financial plans and ideas for businesses and protect them from fraud and other scams.

How To Make A Career In Accounting

So, if you’re convinced that accounting is a rather worthwhile career option, here’s how you go about getting a career:

Research – As mentioned before, the scope is vast, there are many options out there and even when it comes to commerce and accountancy, there are many divisions that may confuse you. So as the first step, research on your own what you can relate to and would like to make a future career in before you can go on to taking degrees or courses or classes. Get a background of the platform for yourself before you can dive into it deeply. You can also consider doing a Commerce Course in Ahmedabad to help you identify if the field is for you.

Degree – The next most important deal is your degree. The basics being the bachelor’s degree, you have to work your way up depending on which level you want to work at. The more intense the job, the more you need to build your study. After a bachelor’s degree, one can consider a master’s degree which could be helpful for further examinations if considered. Additionally, there’s also a postgraduate degree that one can take. Besides, there are other courses that one can opt for too, to gain information from different aspects.

Trace your path – One needs to be sure which type of accounting they would like to take upon as the options are vast but the characteristics of each job differ. Based on what type, you can make further decisions on which exam is necessary and what skills you need to build, and so on.

Exams! – There are different examinations held based on the type of accountant you are aspiring to be. CPA (Certified Public Accountant), CMA (Certified Management Accountant), CIA (Certified Internal Auditors), and other exams come into play based on what kind of accountant you want to be with CPA being the most common.

Try learning theories and tactics of your area – Needless to say, apart from studies and degrees, one also needs to learn how things work in the real world. Whichever field of accountancy you’d like to specialize in requires you to get to know about the same and understand what your job is going to be. You can accomplish this with the help of courses, talks with experts or those who practice in the same field, through your research, and by making interpretations to connect in your way.

Experience – Experience will build and mold you to provide all the necessary additional information you need to make your shot at your career. Look for internships, part-time jobs, or even minor ways to assist so you can learn practically. This would give you part of an idea of what you’re going to face in terms of the job you are looking forward to and will provide a platform to execute your work and enhance your skills so you know better where you stand and how to improve. Furthermore, you can also obtain an additional Accounting Certificate Course in Ahmedabad. This will help give you an edge over your peers.

That’s a wrap for today. We hope you find this article helpful and this will act like your guiding light while maneuvering through the field of commerce and make well-informed decisions.

7 Crucial Driving Skills for Beginners – A Complete Guide

If you’re just initiating to learn how to drive a car and have been told that it is inherently not an easy life skill to master then this is truly the case. While learning driving can open a lot of opportunities for you in terms of convenience of commuting, a sense of independence, and autonomy, it demands a lot of responsibility and careful considerations as well. By learning to incorporate some essential skills, you will not only feel less stressful but also ensure maximum safety on the roads for yourself and your surroundings.

Looking for a comprehensive guide that focuses on the driving basics that every beginner should keep in mind? We’ve got you covered with our compilation of 7 crucial driving skills.

1- Familiarize Yourself with Your Vehicle:

Knowledge and skills both matter equally when it comes to driving. Before you practically start driving your car, it is first important to get a complete understanding of your vehicle & it goes beyond merely knowing the engine or transmission type. To begin with, you should be aware of all the necessary information available in the owner’s manual such as knowing where the bonnet is located, what is the adequate tire pressure of your car and which safety features your car is equipped with and how do they work.

2- Adjust Your Seating Position:

Yes, you read that right. Correcting your driving seat position is also a significant skill to acquire as it is more than a matter of comfort. By doing so, you not only obtain requisite control over the vehicle but also ensure maximum visibility of the road ahead & prioritize your safety by minimizing the chances of accidents. Make sure to sit straight with your shoulders leaned back against the seat and knees bent enough to reach the clutch & brake pedals.

3- Be Attentive:

The ability to pay undivided attention to your surroundings while driving cannot be emphasized enough. It is as critical as having comprehensive knowledge of the rules of road & vehicle regulatory skills. To avoid any probable crashes and injury, it is important to be cognizant of physical indications such as traffic signals & hazards. You should also be able to interpret visual cues timely & exercise accurate judgment in response to the situation at hand.

4- Learn to Use Turn Signals:

Closely related to being attentive, the capability to effectively use turn signals is yet another major way of avoiding accidents. These indicators alert the other drivers on the road about the direction the vehicle is going to take and therefore, prepares them to act accordingly and ensure their safety as well as that of others. In addition, it is equally important to turn the signals off once you’ve changed the lanes to avoid confusing other vehicles.

5- Working with Brakes:

Whether your vehicle is equipped with an anti-lock brake system (ABS) or not, determining how to stop it when an emergency strikes is a crucial driving skill that cannot be overlooked. Instead of braking excessively hard, press the brake pedal down firmly so that it reaches its threshold limit. This practice has been regarded as one of the safest and sensible ways to stop a car & you can work on your skills even when you visit car showrooms for test-driving sessions.

6- Practice Defensive Driving:

No matter how thrill-seeking your outlook may be, it is important to ensure your safety and that of your surroundings on the road. One of the ways to achieve this goal is to learn & incorporate defensive driving skills while driving. It means that you need to have the ability to foresee, plan & respond timely and safely to changing traffic conditions on the road in order to avoid possible accidents & remain safe. The whole process of defensive driving involves driving at lower speeds, maintaining focus and control over the vehicle and being alert to road situations.

7- Keep Yourself Calm:

Last but not least, keep yourself calm as much as possible. Driving is a task that not only requires careful attention but also complete peace of mind and therefore, it is important to not let your mood or other drivers’ behavior make you indulge in harmful practices like over-speeding, failing to indicate signals or even involving in road rage. Keep reminding yourself that you are not only responsible for your safety but for others’ safety as well.


In sum, driving can either be a strenuous activity or a fun-filled and exhilarating experience depending on your skillset and approach. To improve your skills & become a better driver, it is imperative for you to keep practicing and learning along with considering the necessary safety measures so that your driving experience remains enjoyable yet secure for yourself, for those who travel with you and the general public around.

Author Bio:

Kamil Riaz Kara is a content contributor at Mainstream Pakistan and associated with digital marketing for the last seven years. Presently working at Digital Eggheads, a digital marketing agency in Karachi.

What is the best learning management software?

The word LMS has been trending in workplace training for quite a while now. So have you heard about it? If yes, do you know what it means? Well, if you have questions, you have reached the right place.

A Learning Management System, or LMS, is a piece of software that allows businesses to achieve two primary objectives. First — centrally organize the workforce’s training requirements. Second — so that they can improve, they should get feedback on the training they did. As a result, the term ‘System’ was coined.

Now, your question might be — we can achieve both these things via PowerPoint/Doc presentations and emailing or sharing them with everyone who needs to learn. Isn’t it a lot easier than deploying an entire software system?’ Well, we agree to disagree!

When you’re a small business, the strategy outlined above works effectively. However, when your company grows, you will be unable to keep track of who has completed the course, comprehended the learning objectives, and received feedback on the course’s quality.

Emails, shared drives, and learning portals are sufficient until you have a company of roughly 100-200 employees. Beyond that, especially when you have dispersed staff, the process starts to fall apart. You can’t afford it because your workforce’s lack of training and understanding of your goods, solutions, and offerings will have a direct influence on your capacity to upsell to existing customers and gain new ones. This is when the concept of an LMS comes into play.

What should you look for in a learning management system?

The answer can be lengthy, but here is a quick rundown of the major qualities to look for:

1.       On mobile, it should look great. Your entire team receives regular updates on their smartphones, and you can anticipate learning to continue as well.

2.      Should be able to work without an internet connection. Your students will finish the course at inconvenient times. They moved at their own pace and in their own space. The internet may or may not be available at all times.

3.      The option to design bespoke courses is built-in. Specialized eLearning course production software can be expensive and requires specialized skills to use. Instead, you’ll need a simple fix to get that up and running. As a result, there’s a built-in content management feature.

4.      Uses a cloud-based or SaaS-based solution. Traditional LMS have required a very big set of in-house tech infrastructure, which is not a luxury most expanding businesses can afford. You save money with the SaaS-based solution since you only pay for the number of employees you have, and you may adjust your payment plans as your business grows.

5.      Visual insights on how your employees’ learning experience is being used, progressed, and performed. That’s the only way you’ll be able to figure out what’s working and what needs to be changed.

What are the benefits of an LMS?

The shift from traditional, offline training to eLearning may appear difficult, but the benefits are well worth the effort. Companies gain $30 in productivity for every $1 spent on eLearning. Furthermore, having the appropriate technology in place will make the shift go more smoothly.

The following are some of the advantages of using a learning management system for training:

1. Reduce training costs: Rather than having to schedule new events (e.g., conferences and presentations) every time you want to train staff and customers, it’s more cost-effective to invest in LMS software once and utilize it for all of your training programs.

2. Quickly update content: Your training manuals don’t have to be outdated anymore. You can make adjustments to your training content on the fly when everything is online. Written materials and in-person presentations are less successful because you’ll have to start again every time something changes.

3. Train regardless of location: Remote workers should not miss out on training chances. You don’t have to spend time and money bringing everyone into the same room, whether they work from home or from another place. Even while working from afar, virtual training can assist in the development of learning programs.

4. Involve and motivate students: Training isn’t always about learning new skills. It’s sometimes a matter of familiarising yourself with company policies or comprehending compliance regulations. In those situations, training may seem unappealing. You can use your LMS to include some interaction and gamification components (e.g., quizzes, prizes, and internal competitions) to ensure that learners stay focused.

5. Learn on the go: Learning programs might cause productivity to be disrupted. Conferences held during working hours, for example, require individuals to leave their jobs on a certain day and time. However, using an LMS for training allows employees to continue learning even while they are not at work.

6. Increase employee retention rates: Employees place high importance on career advancement. Create an online course library within your LMS to give them the opportunity to improve their abilities. If you provide courses that boost company knowledge and assist people to obtain new abilities or grow existing skills without migrating to a different function, this might be a win-win situation.

7. Keep track of results: Measuring the success of a learning program is time-consuming. However, an LMS relieves you of some of that load. The majority of LMS platforms generate user engagement data (e.g. how often users log in, when they finish a course, etc.). LMS reports can also be used to assess your courses based on how well students perform on follow-up assessments and assignments.

8. Foster a culture of continual learning: Because offline training programs are difficult to organize, they are normally held once a year or as needed by the firm. However, ready-made courses, online presentations, and webinars make eLearning courses easier to offer.

Which is the best LMS?

PlayAblo, a technology, and app-based learning management system, can have a quicker impact on training and learning reinforcement. Its engaging interface facilitates learning, resulting in better employee capabilities and corporate performance. This mobile-first, engaging learning platform with easy setup and roll-out capabilities is embedded with additional features like gamification, LCMS, and a dashboard to display learner outcomes. Visit our website to know more about what we do and how we might be able to help you in the journey.