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New comment posted6 years ago
With the surge in need of professionals at various work places, the challenges have proportionately increased.
Out of the many challenges faced by accounting professional, some of which I think are the major ones are mentioned below:
1. Many professionals in their period as a student or trainee do not get the adequate practical exposure as might be required to cope up with the business group. Having theoretical knowledge is good and is required to clear the examinations, but in the long run only theoretical knowledge won't suffice.
2. Lack of updating on part of many professionals is another
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