Posts

Showing posts from January, 2023

CFA - The Gold standard in the Investment and Finance Industry

Image
  A chartered financial analyst (CFA) is a globally-recognized professional designation given by the CFA institute. A CFA looks into all the finance fields that mainly cover portfolio management, ethics, valuation, and more. Requirements: Passing the exam for all three levels is a requirement to obtain the CFA® charter. You must have at least 4,000 hours of experience, completed in a minimum of 36 months. To support your membership application, you need 2-3 professional references. Submit your membership application to CFA® Institute. Once approved, you will earn the letter "CFA" after your name. Exam Details: The CFA course syllabus includes a series of three levels of exams; level I, level II, and, level III, with MCQs and essay questions. Level I exams are held in June and December. Levels II and III are held only in June. Only one exam is taken at a time. The minimum time duration for completing the exams is 1.5 years to the limit of how the candidate clears the levels. S...

Digital Finance Transformation- An Overview of its Perks & Cons:

Image
Digital finance transformation is a key driver of innovation and growth in the financial services industry. It is helping improve the lives of individuals and businesses around the world.  One of the key aspects of digital finance transformation is the use of artificial intelligence and machine learning. These can be used to automate processes, analyze data, and provide personalized financial advice. For example, mobile banking and digital payments are helping to provide financial services to individuals and businesses in remote areas. Additionally, digital finance transformation also involves the use of machine learning, blockchain finance courses, cloud computing for finance professionals, robotic process automation courses, and blockchain technology, which can be used to improve the speed and security of financial transactions. However, there do exist certain challenges. These include cybersecurity risks, consumer protection concerns, and regulatory hurdles. Hence, Financial ins...

Why Pursuing the CPA Course After CA Can Benefit Your Career?

Image
  Greater earning potential: CPA holders typically earn more than CA's. More career opportunities: CPA's are qualified for a wider range of job roles, including in finance, accounting, and auditing. Increased credibility: The CPA designation is widely recognized and respected in the business world, providing a competitive edge in the job market. Global recognition: CPA is a globally recognized certification, which opens the door to job opportunities across the world. Professional development: Pursuing the CPA course provides an opportunity for professional development and ongoing learning. CPA, the cherry on top of your CA cake, can bring in extra dough, diverse job options, global opportunities and continuous learning. Enroll Now!

Why Digital HR Transformation is the need of the hour?

Image
Every business strives to grow, and the best way to accelerate its growth is by going digital. Digitization has deeply impacted the marketing, finance, and various other departments of the business then how can the HR department be left? HR digital transformation must start with a shift in mindset. You must first convince yourself that a change is needed and worth the effort. The following are the benefits of digital HR transformation: There will be an increase in your value as an employee. Change leaders are always in demand. It will provide you a workplace satisfaction as your work will give a positive impact on your company. You will become proactive rather than reactive which reduces stress and improves outcomes. Adapting to such changes often generates new opportunities. Improved skills are key to success in any career and to personal growth, It will improve: Communication Relationship building Problem-solving Creative and strategic thinking Teamwork Organization and productivity ...

5 Ways CFOs are Embracing Digital Finance Transformation-

Image
Every business strives to grow, and the best way to accelerate its growth is by using technology. The same is the challenge with the CFOs these days. They are in charge of reducing expenses and pipelining the profit resources for the development of the company and this led them to embrace digital finance transformation. Digitization using data analytics in finance has helped CFOs to make calculated financial decisions, better. 5 ways in which CFOs are utilizing digital technologies are: Hyperautomation can streamline redundant tasks: This can help reduce cost and increase the effectiveness of the production process. Investing in new technology: CFOs need to invest in technology that adds value to financial technology for eg. machine learning in finance . Cloud computing: WFH has become a new normal in the corporate world. Cloud computing can help handle large volumes of financial data that can be accessed with the help of an internet connection from anywhere in the world. Get Insights:...

Accelerate Your Accounting Career with AICPA Inter Certificate Program

Image
  Attention all University students! Are you looking to jumpstart your career in accounting and finance? Look no further! The AICPA Inter Certificate Program is now available for you to pursue alongside your graduation. With a timeline of 9-12 months, you can earn four certificates that are fully aligned with the US CPA exam. Upon completion, you can earn your CPA in as little as 6 months, giving you a head start in the industry. Not only will you be well-prepared for roles at the Big 4 and other public accounting firms, but you can also expect a starting salary of 4-5 LPA+ in India. Plus, the program offers placement assistance to help you secure your dream job. No experience is required to participate in the AICPA Inter Certificate Program , making it the perfect opportunity for students looking to break into the field. Don't miss out on this chance to jumpstart your career and earn your CPA. Enroll now!  

Why HRs Need to Take a Seat at Digital Transformation Table?

Image
  Traditional HR processes rely on face-to-face communications, filing cabinets, paperwork, performance management candidate management, and onboarding. But, HR digital transformation includes moving these processes to technology-based systems.  In the workplace of the future, HR is not expected to just report metrics on what happened, but to participate in the business actively by leveraging data to build business cases, make choices from among conflicting options, and predict possible scenarios.  XLRI Delhi in association with Miles Education offers a PG Programme in Digital HR Transformation & People Analytics that would help HR to become apt to a future workplace of agility, flexibility, and seamless employee experience. In India, 92% of talent acquisition professionals see People Analytics as being very important in shaping the future of HR. So if you want to learn winning strategies for Digital HR transformation then check out Miles's website for more informati...

Role Of Digital Finance Transformation in the F&A Industry

Image
Digital finance refers to the use of digital technologies to provide financial services and products to customers. This includes everything from online banking and mobile payments to digital currencies and crowdfunding platforms. The transformation of finance through digital means has been driven by advances in technology, changing consumer expectations, and the need for financial institutions to become more efficient and competitive. Some of the benefits of DFT are the automation of routine tasks, improved risk management, and the ability to analyze big data to gain insights into customer behavior. However, there are certain challenges like cybersecurity risks, consumer protection concerns, and regulatory hurdles. Hence, Financial institutions must ensure a balance between promoting innovation and protecting consumers. Overall, digital finance transformation is a boon for the Finance industry and it is likely that this trend will continue in the future.

The Growing Accountant Shortage: Causes and Impacts

Image
Accountant shortage is a pressing issue that is affecting businesses and organizations around the world. With the demand for skilled and qualified accountants rising, many organizations are struggling to find enough professionals to fill open positions. There are a few key factors contributing to this shortage. One is the increasing complexity of the accounting profession, with new technologies and regulations constantly emerging.  The accountant shortage is having a major impact on businesses and organizations. It can lead to increased workloads for existing staff, delays in financial reporting, and a lack of expertise and guidance on important financial decisions. To address this shortage, it is important for educators to focus on preparing the next generation of accountants, ensuring that they have the skills and knowledge needed to succeed in this fast-changing field.  Better late than never, be the change. Miles Education, the best CPA training institute is all set to fi...

Which is The Best CPA Institute in Ahmedabad?

Image
  CPA (Certified Public Accountant) is the highest accounting credential in the United States.  CPA ensures global recognition for accounting & finance professionals. With academic content organized over just 4 exam parts and the goal achievable in less than 12-16 months, the CPA designation offers an extensive value proposition.  Miles Education is the largest US CPA training institute in India. Led by the world’s favorite CPA instructor - Varun Jain, the man who built the ecosystem of CPA & CMA in India. The best part is that the institute is present in 13 different cities in India including Ahmedabad.  So, if you are a CPA aspirant from Ahmedabad, then without further ado, visit the Miles’ Ahmedabad office for a face-to-face discussion to kickstart your CPA journey.

Puzzled About What to Choose Between CFA & FRM?

Image
  Read on to find the solution to your confusion. The CFA (Chartered Financial Analyst) exam covers various financial topics, including corporate finance, portfolio management, accounting, fixed income, and derivatives.  FRM (Financial Risk Manager), on the other hand, is a specialist exam for gaining knowledge of risk management.  You will also be well-prepared for positions in investment management, portfolio management, and financial research with a CFA . Whereas, FRM is appropriate for people who desire to pursue careers in risk management in banks, treasury divisions, or risk evaluations.  Difficulty comparison of CFA and FRM:   The difficulty is “subjective”, as the two exams have different curriculums.  CFA focuses on the “returns”, while FRM focuses on the “risk”.  However, FRM exams have a quantitative section so they might seem difficult for those who avoid quants as a subject.  But if you’re studying from the Kaplan Schweser Mat...

What Does the Transition Policy Mean for CPA Candidates?

Image
AICPA and NASBA have developed a streamlined transition policy for implementing the new changes. The transition policy is straightforward and easy to understand. The transition policy's breakdown and how it affects CPA candidates are provided below.  On the 2024 CPA Exam , candidates who have passed and received credit for AUD, FAR, or REG will not be required to take the corresponding new core section of AUD, FAR, or REG.  None of the three discipline sections will be required of candidates who have passed the current CPA Exam and received credit for BEC. After December 31, 2023, candidates who do not have credit for AUD will be required to take the AUD core section of the 2024 CPA Exam. After December 31, 2023, candidates who do not receive credit for FAR will be required to take the FAR core section of the 2024 CPA Exam. After December 31, 2023, candidates who do not receive credit for REG will be required to take the REG core section of the 2024 CPA Exam. On the 2024 CPA E...