Interview with CA Abhinit Singh, Founder of Ready Accountant
Mr. Abhinit Singh is a Chartered Accountant with more than 15 years of expertise, and he coaches the accounts students.
He is a Chartered Accountant as well as a business coach and mentor for any businessman. He has been teaching for many years and helping numerous students launch successful careers.
Tell us a little about yourself
Abhinit Singh: My name is Abhinit Singh, and I am the creator of Ready Accountant and a Chartered Accountant (CA). I have over 15 years of expertise in the accounting and finance fields.
Prior to founding Ready Accountant, I worked in a variety of capacities, including Deputy General Manager of Finance at Manikaran Power Limited and DGM Finance at the JJ Group of Companies.
During my time there, I was in charge of a variety of financial tasks, including working capital finance, account closing, income tax search & seizure matters, and strategic decision-making assistance.
I also worked as Manager Finance at Canopy Projects Limited, where I supervised the Canopy Group’s accounting and earned taxes experience. My significant industrial experience has moulded my grasp of the practical aspects of accounting.
Can you tell us about your journey as a chartered accountant and what inspired you to establish Ready Accountant?
Abhinit Singh: My journey as a chartered accountant has been driven by a passion for bridging the gap between academic knowledge and practical application.
Recognizing the need for competent accountants in various industries, I founded Ready Accountant in 2018 with the mission of equipping commerce students with the practical skills required to excel in the corporate world.
My inspiration to establish Ready Accountant came from my belief that mastering practical accounting skills is essential for students’ success.
I wanted to introduce a new educational institute that revolutionizes the way accounting is taught by incorporating practical projects, live skills training, and innovative teaching methods.
Through Ready Accountant, I strive to make students job-ready and prepare them to adapt seamlessly to the demands of corporate cultures.
What differentiates Ready Accountant from other accounting learning institutes? How do you ensure the effectiveness of your training programs?
Abhinit Singh: What sets Ready Accountant apart from other accounting learning institutes is our comprehensive approach and focus on practical application.
We cover every aspect of accounting, including Accountancy, Income Tax, GST, and compliance, ensuring that our students are well-prepared to tackle the dynamic nature of industries.
Our course material is meticulously designed to meet the practical requirements imposed by different sectors.
We believe in bridging the gap between theoretical learning and the skills needed in professional environments, and that’s why we emphasize practical application in our training programs.
Through real-world case studies, simulations, and hands-on exercises, we ensure that our students gain the practical knowledge and skills necessary for their careers.
How do you stay updated with the latest developments and changes in the accounting industry? How do you incorporate these updates into your curriculum?
Abhinit Singh: Staying updated with the latest developments and changes in the accounting industry is crucial for us at Ready Accountant.
We understand the importance of incorporating these updates into our curriculum to provide our students with relevant and up-to-date knowledge.
To achieve this, we have a dedicated team that actively monitors industry trends, regulatory changes, and emerging practices.
We participate in professional forums, attend conferences, and engage with industry experts to stay abreast of the latest developments.
We constantly update our curriculum and training materials to reflect these changes and ensure that our students are equipped with the most current and relevant information.
What specific skills and knowledge do you believe are crucial for aspiring accountants to succeed in today’s business environment?
Abhinit Singh: In today’s business environment, aspiring accountants need a combination of technical skills and broader knowledge to succeed.
Apart from strong knowledge in areas such as accounting principles, taxation, and compliance, it is crucial for accountants to develop skills in data analysis, financial modelling, and using accounting software.
Additionally, they should possess strong communication and interpersonal skills to effectively collaborate with clients and colleagues.
Knowledge of emerging technologies such as cloud accounting, automation, and artificial intelligence is also becoming increasingly important.
At Ready Accountant, we focus on developing both technical and soft skills in our students, ensuring they have a well-rounded skill set to thrive in the business environment.
How do you support your students in obtaining practical experience and internships to complement their theoretical learning?
Abhinit Singh: We understand the importance of practical experience for our students. To support them in obtaining practical experience and internships, we have established partnerships with various companies and organizations.
Through these connections, we facilitate internship opportunities for our students, allowing them to apply their theoretical learning in real-world scenarios.
We also provide guidance and support in securing practical experience through our industry network. By complementing theoretical learning with practical exposure, we prepare our students for the challenges they will face in their professional careers.
What is your approach to mentorship and guidance for your students? How do you ensure their overall development and professional growth?
Abhinit Singh: Mentorship and guidance are integral to our approach at Ready Accountant. We believe in nurturing the overall development and professional growth of our students.
Our mentorship programs provide one-on-one guidance and support to students, helping them identify their strengths and areas for improvement.
We offer career counselling, resume building, and interview preparation sessions to enhance their employability.
Additionally, we encourage our students to participate in workshops, seminars, and networking events to broaden their horizons and develop a well-rounded professional profile.
Our aim is to empower our students not just with technical skills but also with the confidence and mindset required for long-term success.
In your opinion, what are the emerging trends and challenges in the accounting field, and how do you prepare your students to address them?
Abhinit Singh: The accounting field is constantly evolving, and it is crucial for our students to be prepared for emerging trends and challenges.
Some of the emerging trends in the accounting field include the increasing use of automation and artificial intelligence, the adoption of cloud accounting technologies, and the growing focus on data analytics.
To prepare our students to address these trends and challenges, we incorporate relevant topics and training modules into our curriculum.
We provide hands-on experience with accounting software and tools, introduce data analysis techniques, and emphasize the importance of staying updated with technological advancements.
By equipping our students with the necessary knowledge and skills, we ensure they are well-prepared for the changing landscape of the accounting industry.
As the founder of Ready Accountant, what are your long-term goals and vision for the institute?
Abhinit Singh: My long-term goal and vision for the institute is to become a leading institution in accounting education and training.
I envision Ready Accountant as a catalyst for the success of commerce students, empowering them with the practical skills and knowledge required to excel in their professional careers.
I aim to expand our operations further, reach a wider student base, and establish Ready Accountant as a go-to destination for commerce students aspiring to become job-ready.
I also plan to continue innovating in our teaching methods, incorporating emerging technologies, and fostering partnerships with industry leaders to provide the best possible learning experience for our students.
What is your success tips for young and aspiring entrepreneurs
Abhinit Singh: My success tip for young and aspiring entrepreneurs is to have a clear vision and unwavering commitment to your goals. Passion and perseverance are key drivers of success.
It is essential to stay updated with industry trends, be open to learning and adapting to changes, and surround yourself with a supportive network of mentors, peers, and experts.
Embrace challenges as opportunities for growth and always strive for excellence. Lastly, believe in yourself and your abilities, and never be afraid to take calculated risks.
Success often comes to those who are willing to step outside their comfort zone and pursue their dreams with determination.
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