Advantages of Choosing Accounting Careers

Accounting Careers are some of the most in-demand careers nowadays. As long as businesses exist, there will always be a need for individuals with the necessary knowledge to maintain financial records. These individuals are often responsible for checking financial statements, taxes and other types of budgetary records. According to recent statistics, the number of jobs for accountants and auditors is projected to grow by at least 13% through 2020.

To qualify as an accountant, a minimum bachelor’s degree in accounting or a similar field is required. However, the changing landscape in the financial industry means that individuals have to be better equipped with a wider range of skills. This is why more accounting professionals often have a Master’s degree in Accounting or Business Administration.

It’s well-known that one of the main advantages of choosing accounting careers is the above-average salary, but there are also a number of other advantages, such as:

A wide range of career choices– you can choose among a range of job types within the financial services sector. From auditing, to taxation, to bookkeeping, to being a chartered accountant, accounting careers are wide and varied.

Various opportunities for professional recognition and advancement.

Options to work in different industries – you have the option of working in public or private sectors or you can be self-employed and charge fees as a consultant.

Options to specialise in different types of work.

Progression is often fast in the accounting sector and work is dynamic, so you will always have chances of climbing the corporate ladder.

Job stability– accounting jobs are often in great demand.

Better training opportunities – while studying accounting, you’re likely to receive specific training applicable to your career.

The financial industry is highly-regulated.

The industry is ideal if you are meticulous and don’t mind repetitive work.

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