An accounting career is the most diverse and stable career out there. According to the U.S. Bureau of Labor Statistics (BLS), “globalization, a growing economy, and a tax and regulatory environment are expected to continue to lead to strong demand accountants and auditors.” It is projected to grow 7% between 2020 and 2030.
Take a look at these top reasons:
Choice of Employment
You have the choice of working in the public sector, better yet the big 4. These top accounting firms are Deloitte, Pricewaterhouse Coopers (PwC), Ernst & Young (EY) and Klynveld Peat Marwick Goerdeler (KPMG). When it comes to working for public accounting these are the biggest, best, and internationally known firms, and they excel at what they do. Beginning at one of these Billion-dollar companies lays out the foundation of your career. The invaluable training and professional development gives you the chance to hone your skills, that will only help further you career goals.
In addition, the exposure to your company’s clientele allows you to experience a variety of fields, without the commitment. This way you get exposure to as many industries, to help decide what fields peak your interest. This isn’t the only option, you can go the public route working for business such as Healthcare, Agriculture, or IT. Basically, any business that has an accounting/finance department. You can even venture out as an entrepreneur and begin your own accounting firm.
Abundance of Career Options
There is a spectrum of career paths available in the accounting and finance world. From entry level to C-Suite, and everything in between. Anyone can work their way up they accounting ladder, but it definitely takes a certain level of skill and knowledge of the finance world.
Specialized Accountant
Becoming a specialized accountant gives you a competitive edge against anyone. Why? Because if it were easy any one can do it. For example, take a look at these roles: Financial Analyst, Financial Manager, or Chief Financial Manager (CFO). Each of these roles take a certain type of skill and experience that opens the door to high-level accounting careers.
No so matter where you go accounting will always play a crucial piece of any business. However, the only concern is trying to figure out what type of accountant you want to be.
Article Links:
https://onlinemasters.ohio.edu/blog/why-choose-accounting/
https://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm
https://www.bls.gov/ooh/business-and-financial/financial-examiners.htm
https://www.bls.gov/ooh/business-and-financial/financial-examiners.htm