If you’re an accountant or want to become one, you’ve picked the occupation of champions. Not too surprisingly, a large number of CFO’s were first accountants. And we’re finding that the number of CEO’s with an accounting background is increasing as well.
The workforce is kind to accountants. Largely due to the retirement of baby boomers, reputable accountants are in high demand. The US Department of Labor has reported that accounting jobs will increase by 16% between 2010 and 2020! They explain, “There has been an increased focus on accounting in response to corporate scandals and recent financial crises. Stricter laws and regulations, particularly in the financial sector, will likely increase the demand for accounting services as organizations seek to comply with new standards. Additionally, tighter lending standards are expected to increase the importance of audits, as this is a key way for organizations to demonstrate their creditworthiness.”
As eluded to above, some suspect that accountants are being considered for top executive positions due to Enron and other corporate scandals. Accountants are viewed as professionals who can exhibit more financial accountability then their MBA counterparts.
In April of 2010, Forbes posted a piece entitled “The Most Profitable Small Businesses” in which authors Brett Nelson and Maureen Farrell listed the 20 most lucrative entrepreneurial ventures in the current economy. Offices of Certified Public Accountants, other accounting services, and tax preparation services ranked in 1st, 3rd and 5th place respectively.
Accounting was also ranked 21st in US News Best Jobs 2012. The report states, “The Bureau of Labor Statistics projects a 15.7 percent growth for accountants between 2010 and 2020, which is much faster than the average growth for most other professions. An additional 190,700 accounting and auditing jobs will need to be filled during that time period.”
The forecast for accounting professionals is good, and contract accountants can enjoy greater flexibility and profitability if they can effectively launch and maintain a successful practice.
The Universal Practice Builder Program
Universal Accounting Center is in the business of helping build stronger, more profitable businesses, and we can help you better market your services, enabling you to effectively launch and maintain a successful practice. Through our Universal Practice Builder (UPB) program, you can attract and retain more clients. Here’s just a sampling of what you will gain from enrolling in this phenomenal program:
- A guarantee of $30,000 in new annualized billings in only 12 months
- The skills to become a Profit Expert for each of your clients
- 12 marketing strategies that you can implement immediately
- A process which can produce 15 to 25 qualified leads per month
- 3 months of coaching via telephone and Internet
- Training to use QuickBooks to attract more clients
- Access to a plan proven to help retain clients
- 5 business assessments
- A customized business website
- An iron-clad guarantee
Go beyond working as a sole proprietor, managing a few accounts from your home office, and master proven marketing techniques that will significantly grow your practice! Allow us to show you how. Call 1-877-833-7909 now to enroll in the Universal Practice Builder Program today.
“Accountant: Job Profile & Salary.” Money.USNews.com
Nelson, Brett and Maureen Farrell. “The Most Profitable Small Businesses.” 15 April 2010 Forbes.com