The Benefits of Being an Accountant
The main task of accounts is to prepare as well as examine financial records. An accountant ensures all financial records are accurate, and that taxes are properly paid on time. Additionally, auditors and accountants perform overviews of financial operations of a company or business to help it effectively run.
Other accountants liaise with a business management in analyzing operation costs, products and special projects. Normally this is also going to involve budgeting plus preparing reports that highlight any variances.
Furthermore, there are also some accountants who work as internal auditors of a corporation, while several accountants are described as independent certified accountants (CPAs) whose responsibility is auditing financial statements of several corporations among other organizations.
There are also some CPAs and accountants who choose to establish their own accounting company, and might focus on helping small businesses with their financial statements, account systems, tax planning, income tax returns, and investment decisions among others.
The above mentioned examples illustrate the different opportunities accountants have available. They also may utilize their formal college education with many kinds of organizations and business, like NGOs, government agencies, accounting firms, financial institutions, manufacturers and retailers. Several accountants use also their experience and knowledge to become business owners and executives.
Are you looking to go into this profession, but you are not very sure whether or not it is right for you? The following are some of the benefits of being an accountant.
1. Job security
Accountants are very crucial to the operation of any business. Therefore, when you graduate with a degree in accounting, you’re highly likely to land a good job when you are motivated and hardworking.
2. A clear future
When you are looking for some career path having no surprises, this profession may just be the ideal choice for you. Your education is going to provide you with the sought-after-skills which nearly every business requires.
3. High salary
With a mean yearly salary of $72,500, auditors and accountants often earn 6-figure incomes, particularly when they’re certified, or employed by a large accounting firms.
Full -time accounting positions bring also benefits like pensions, healthcare, and often even the opportunity of becoming a partner. Your career path also may lead you to establishing your own company. When successful, this may be a highly lucrative enterprise.
5. A great network
Depending on your career choices and interests, you are going to come into contact with several different fields, several kinds of businesses and like-minded individuals who are going to assist you to learn and grow in the profession. Accounting, whatever your career objectives are, is going to help you in creating a network of critical business contacts immediately you begin your accounting degree to the peak of your profession.
6. Career diversity
With several alternatives emerge another benefit of being an accountant. That is, your skills are going to be relevant and applicable to a host of business-related fields. Several accounting degree holders have proceeded to become CEOs of big successful companies, or to coveted management positions.
Therefore, with your accounting degree, you are going to be well-equipped for a career in business, accounting, taxation, auditing, finance-the list is endless. The choice is yours: whether to pursue your career in some small corporation or firm, work for the government, the private sector, or establish your own firm.