5 Ways Accounting Leads To A Good Career Trajectory
Are you considering a career in accounting? While there are many reasons to choose this type of work, one of its best features is the ability to develop a stable career path. How can accounting, in particular, lead to a better career trajectory than many other choices? Here are a few ways.
1. There Are Many Options. Accounting isn't a "one size fits all" career choice. In fact, within this catch-all term are a variety of actual positions. Accounting departments use people to do accounts receivable, accounts payable, general ledger transactions, cost accounting, auditing, payroll, forecasting, and budgeting. And if you become a CPA, you might choose to do anything from tax preparation to business consulting to planning mergers.
2. Every Business Uses Accounting. No matter where you look and what type of businesses are in your area, they all use accounting to one degree or another. This makes the field one of the most easily transferable and boosts your ability to always get a job.
3. You Can Work and Attend School. In many fields, you generally can't get started until you've completed your specialized education. The good news about accounting is that you can start in lower- or mid-level positions with little formal training and then get the education you need to start advancing. You can stay independent or get more work experience in the field while attending classes on your own terms.
4. Accounting Is a Wanted Skill. Accounting personnel and majors are often called upon to do a variety of other jobs that need their skill set. Money management, for instance, is an important part of running your own business or managing a department in most companies. CPAs might work with attorneys or private investigators to do forensic analysis. Whatever your interests, there is often a way to pursue them as an accountant.
5. You Learn to Manage Yourself. Training in money matters helps your own personal finances. You learn how to do financial analyses, reconcile bank transactions, pay things on time, calculate returns, manage investments, prepare your taxes, and assess financial risk. So you can use learned skills to keep your own finances healthier as well as ensure you can take the positions you really want rather than need.
Which of these benefits could serve your career the best? Whether you want to expand your options, have steady growth, or branch out to new areas, an accounting career could be just what you're looking for. Learn more by consulting with an accounting school near you.