The field of accounting is always remain in demand as it is the backbone of every business entity. Accountant is needed in every industry. It is one of the respected profession in the world. The practitioners and professionals of accounting are known as Accountants. The certified professionals in these fields are known as Chartered Accountants. There are different types of accounting that includes financial accounting, management accounting, auditing and tax accounting. Qualified accountants in numerous countries are titled as certified public accountant (CPA).