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Great reasons to start a career in accounting

by Elle Morena

Created on: December 08, 2011

If one is not sure what to do as a career, a career in accounting is one of the best options available, especially if getting a job is of the utmost importance upon graduation. While waiting for that one fantastic idea to make that first million or that one opportunity to launch that dream career, a career in accounting will never be wasted, especially if one wants to be an entrepreneur later or to manage ones assets, investments and liabilities. The other great reasons are;

Jobs

Accounting is a profession where no matter how qualified one is; there will be a job suitable for the candidate. Every business in this world requires an accountant. One accountant can’t do it all. They need to be supported by auditors, credit controllers, assets managers, treasurers, analyst, financial reporting assistant, together with the multitude of other assistants usually called accounting clerks are required; depending on how diversified and how big the volumes of transactions are in a business.

Besides businesses, other organization such as clubs, non-profit organization, building societies, co-operatives, etc. also requires someone to keep accounts in the proper manner.

As such, jobs in the accounting field are in abundance. It is also a highly skilled and a highly regulated profession where trained accountants undergo years of industrial training to become a qualified accountant. As a result, even if accounting jobs are in abundance, it is not a highly replaceable job suited to everyone in the general employment market.

Salary

Because of the nature of the profession where a qualified accountant is required to undergo up-dates in accounting regulations to improve their skills periodically, and it being a highly regulated profession, accounting jobs are paid higher than a general degree graduate, especially, if one is a qualified certified public accountant, a chartered account, or a certified accountant; titles accorded depending on the accounting body recognized within certain countries.

There is a high demand for accountants worldwide as big corporations expand their businesses globally and businesses are always growing and many more new ventures and start-ups are opportunities for a qualified accountant.

Other finance related profession, especially the investment banking and stock broking sectors always put a premium on qualified accountants as they are the best candidates suited to that particular industry. Because of this phenomenon of qualified accountants moving

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