Management accountants record and analyze financial information. Internal accountants create processes to find and eliminate financial waste and fraud. Can they objectively analyze and solve an issue? And once they have a solution, they must have the ability to communicate it to others – their clients, managers and fellow team members." In addition to preparing taxes for individuals, public accountants can also perform audits, prepare taxes and provide consulting for corporations, nonprofit organizations and governments. Employers are looking for people who demonstrate an ability to think analytically and approach a problem in a structured and methodical way.
#Accounting outlook professional
Patty Pogemiller, the managing director of global talent experience for Deloitte, one of the world's "Big Four" accounting firms, writes in an email, "Problem solving skills are essential in a client business like professional services. After all, as long as people make money, they'll need other people to handle it for them. Accountants make a pretty good living, and they have a lot of job security. Whether it's the money-laundering stoner in "Weeds" or the dorky auditor in "Parks and Recreation," pop culture tends to portray an unsavory picture of accountants, but this profession doesn't deserve such a bad reputation. And because they're constantly interacting with clients, accountants should be effective communicators. Since they deal with money – sometimes significant amounts of it – accountants must also possess a high degree of integrity.
They're numbers people who excel at organization and detail-oriented work. Many accounting graduates will start as staff accountants, junior auditors in public accounting or assistants in the controller’s office in private accounting as they begin to plot their career paths.Īfter getting established and gaining experience, career advancement can be achieved through on-the-job performance and additional education or certifications, like becoming a Certified Professional Accountant (CPA).An accountant is a person who keeps or inspects financial records. You’ll have the potential for professional growthĪfter graduation, you might begin as an entry-level associate, but the potential for growth can be great. This is faster than the national average rate for all occupations. The Bureau of Labor Statistics (BLS) projects that employment in the accounting field will grow 10 percent from 2016 to 2026.
As long as people need help with taxes and as long as businesses exist, there will be a need for accountants. The job prospects in accounting are projected to grow in the coming years. Virtually every business needs an accountant or an entire accounting team, and even the average person has reasons to hire an accountant from time to time. It’s a stable and growing job fieldĪccounting is not a profession that’s going away anytime soon. Though there are different types of accountants in the field, the duties you’ll have and skills you’ll use will be generally the same, meaning you know what you’re signing up for. If you choose to pursue an accounting degree, you’ll have a pretty solid idea of where your career will take you. This gives you a much clearer career path compared to someone who chooses to study English or philosophy where the potential career outcomes are harder to define. If you’re studying accounting, you’re learning practical skills about crunching numbers and analyzing costs that employers need. Learn more about a few of the perks you can expect by pursuing this profession. There’s a lot to love about a career in accounting. So is accounting a good major for you to pursue? Take a look at these pros and cons of accounting careers to steer yourself in the right direction. Once you understand the possible pros and cons of an accounting career, you can make an informed decision. What you’ll think of an accounting career depends on your personality, working style and life priorities. Neither option is inherently good or bad, but each vehicle is a better choice for different types of people. Think of it like shopping for a new car-some people seek dependability and safety while others crave performance and speed. But the truth is not that the career itself is good or bad, but rather that it’s the right fit for certain people and not for others. Like nearly everything in life, accounting careers have positives and negatives. Transfer Credit & Other Knowledge Credit™.Information Technology Project Management.MSN Psychiatric-Mental Health Nurse Practitioner.
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