Reasons to Pursue a Career in Accounting

If you’re good with numbers and interested in a well-paying, stable career path, it may be time to turn your attention to accounting. In fact, according to the Office of Occupational Statistics and Employment Projections, the employment of accountants is projected to grow by four percent by 2029. 

 

If that’s not reason enough to strongly consider this career, here’s another statistic from the Office of Occupational Statistics and Employment Projections: The median annual wage for accountants, as of May 2019, is $71,550. This is much higher than the median annual wage for all occupations, which sits at $53,490. And although the pay is certainly an influencing factor for most when choosing an accounting career path, it isn’t the only reason why it’s become so popular.

Accounting Career Paths

Unlike some career fields, in which there’s only one path to travel, there’s more than what meets the eye when it comes to accounting. Generally speaking, you’ll choose one of the following routes:

 

  • Managerial: Managerial accountants generate documents that are used internally within a company. This can include documents such as those used for tax purposes and recurring expenses. 
  • Financial: Financial accountants generate documents, such as balance sheets and a variety of income statements, which are used by outside parties, such as investors. 

 

By understanding the similarities and differences between managerial and financial accounting, it’s easier to decide which path you’re most passionate about.

 

With that in mind, let’s examine some of the most common types of accountants:

 

  • Staff Accountant: For many individuals with a bachelor’s degree in accounting, this is the first job they seek. Reporting to a CPA, you’ll take on responsibilities such as creating financial reports and analyzing a variety of data. You’ll also use a variety of tools, such as a cash flow calculator, to track progress and make informed decisions. 
  • Certified Public Accountant (CPA): From the outside looking in, it’s easy to believe that CPAs focus on nothing more than the preparation of state and federal tax returns. However, this career path goes much deeper than that. For example, companies often hire a CPA to oversee other accountants. 
  • Investment Accountant: Investment accountants typically work for financial management or investment management firm. With this career, you have the opportunity to help individuals and companies make better investments, such as sharing advice on how specific decisions will affect their taxes. 
  • Project Accountant: As the name implies, project accountants are hired to manage a specific project. Some of the tasks they may take on include preparing invoices, maintaining budgets, and managing and approving expenses. In many cases, project accountants are hired on a contract basis. 
  • Cost Accountant: The primary responsibility of a cost accountant is to maintain cost efficiency on behalf of an organization. However, unlike a project accountant, these individuals are generally hired on a full-time basis. 
  • Management Accountant: There’s no shortage of management accountant responsibilities, which often include external financial reporting, budgeting, and creating reports on the overall financial health of an organization. 

While these are among the most common accounting career paths, there are others to consider as you gain experience and come to better understand what you’re most passionate about. However, no matter the type of accounting path you may choose, there are plenty of benefits as well.

Top Reasons to Become an Accountant

There’s no shortage of reasons to become an accountant, but there’s something you must remember: It takes a lot of hard work and dedication to reach your goal, so you must be 100 percent confident that it’s the right career path for you.

 

Here are five reasons to consider this career:

 

  • Above-average pay: As noted above, the median annual wage for accountants is more than $71,000/year. 
  • Job security: Every organization needs accountants, so job security is typically high. 
  • Career advancement opportunities: As you gain experience and knowledge, you can seek out career advancement opportunities within your company and at other employers. For example, after several years of working as a staff accountant, you may want to consider becoming a CPA.
  • The opportunity to be your own boss: There may come a point when you realize that you no longer want to work for someone else. As an accountant, you can start your firm, such as helping individuals and/or companies with tax preparation.
  • Puzzle-solving fun: Accounting isn’t everyone’s idea of fun, but if you like working with numbers it could be the perfect career path.

What’s Next?

Now that you better understand the reasons to pursue a career in accounting, it’s time to answer one very important question: Are you ready to head down this path?

 

If the answer is yes, assess your situation and decide what you need to do next. Become trained and certified Professional Bookkeeper. Once you have the right education and training, it’s time to land your first job. With the help of our job placement assistance program, it won’t be long before you have a career that puts a smile on your face, money in your pocket, and joy in your heart.

Mitul Mehta, From a Kid Who Loved Numbers To CPA

Although his parents wanted him to become a doctor or lawyer Mitul Mehta was drawn to numbers. Imagine writing code before you were a teenager.

Although Mitul received his degree in accounting his career path went the route of technology and consulting. Imagine that background leading up to his wife starting her business and asking him to take care of the books.

Now Mitul has a thriving accounting business offering traditional accounting services coupled with technology and consulting.

Listen as Roger Knecht, president of Universal Accounting Center, and Mitul Mehta (https://www.cpa-mehta.com/) discuss his business, the advice he has for others as well as the future of accounting.

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Donna Parsons, A career worth pursing, and now she has a successful bookkeeping business

Donna Parsons started young and walked the path to become an accounting professional. Following a traditional path she attended school to receive her degrees and then employment. Soon the desire was intense enough to act and start her accounting business.

First she started with a few clients supplementing her income and then it was too much to resist so she quit and went full-time. Now she is “all in” and things are good.

Donna is both happy and busy.

Take a moment and hear her story and what insights she has to share.

Consider having your own successful accounting business:

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Get the confidence to offer quality accounting services:

Accountant Certification Programs

Get the support you need to be in business for yourself but not by yourself:

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Consider the success stories of so many others:

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How to Write a Great Accounting Resume

How to Write a Great Accounting Resume

Crafting a resume, no matter what you field of expertise, can be a challenging task. Yet in a market as competitive as accounting, the need to create something unique and impactful is that much greater. Fortunately, these tips can help in the process.

Start with a clear career summary

An effective resume begins with a bite size summary of your career to date, as well as focuses on your main achievements and relevant educational qualifications. As part of this, you must emphasize your strengths (more of which in a moment) and state clearly what it is that you are looking for as well as the benefits you will bring. Make it short and to the point, because most hiring managers receive hundreds of resumes and don’t have the time to review each one in details. This is one shot to get your resume (and you) the attention deserving.

Emphasize your strengths

Recognizing your individual strengths and promoting this is a fundamental aspect of any resume, but in a competitive field such as accounting, it is essential that your resume immediately presents and highlights your achievements and career-defining abilities. At the same time, turn weaknesses into strengths by presenting your aptitude for learning and the deep desire to improve yourself on every step of your career journey.

Be clear and concise

Don’t overcrowd your resume (one page is usually sufficient) and don’t waffle. Make your points clearly, clearly, and concisely, and ensure the language you use is both relevant, accurate, and free from cliché.

“Much can be ascertained from the language that you use, and I always recommend writing in a unique voice as far as possible. That means avoiding those resume clichés such as ‘I love working as part of a team’ and stating things in a way that is authentic, but at the same time brief,” advises Michael Rogers, a proofreader at OXEssays.

Keep work experience relevant, and highlight achievements

You may have a lot of work experience, or you may not. The objective is to clearly state and emphasizes the work experience that is relevant and shows your suitability for the role you are applying for. Savvy resume writers have long learned that relevancy can be established in any number of ways, and one way this can be achieved is through the presentation of achievements within each role which highlights your capacity for positive results in whatever role you have undertaken. That never fails to impress a prospective employer.

Show your commitment to innovation

As a qualified account, you have the education and background to successfully fill a role, but at the same time, you always need to look for aspects that set you apart from the competition.

As well as emphasizing your education and work experience, stress the knowledge that you have regarding the latest software. Showing off knowledge of modern technology will be sure to impress future employers as it shows an interest in innovation which is a crucial aspect of the field.

Use the right tools

Like any writing task, using the right tools will go a long way to assisting in the production of a great resume. Don’t fret about a lack of writing ability, as these services will help you in the completion of your task at hand.

Show your commitment to staying up-to-date

The world of accounting is constantly evolving and it is, therefore, the duty of any accounting professional to stay up-to-date with a commitment to educating yourself. Mentioning relevant blogs and websites that you frequent to access the latest information shows a desire to stay relevant, which never fails to impress a potential employer.

Aimee Laurence works as an HR manager at Write My Essays and also at Do My Paper For Me, contributing to and helping the upkeep of those websites. Writing about her career gives her joy, and she also freelances as a tutor at the Big Assignments portal.

Why Bookkeeping Courses Lead to Great Work From Home Jobs

How a Bookkeeping Course Can Enable You to Work From Home

A professional bookkeeping career can be both lucrative and rewarding, especially if you take the time to investigate available bookkeeping courses online that could empower you to be your own boss and work from home. Every business in the United States, big or small, needs an accurate and detailed set of financial books. While many companies have in-house accounting teams, other businesses may outsource their bookkeeping to professional bookkeepers, many of whom work from home.

Whether you already work as a bookkeeper or want to start a new career, the right bookkeeping courses online can streamline your career path and help you build the accounting career you’ve always wanted. If working from home sounds like an attractive way to build your bookkeeping experience, consider how online bookkeeping courses can help.

 

Why You Should Consider Bookkeeping Courses Online

Establishing yourself as a professional bookkeeper and finding employment opportunities is more difficult than you might expect without the proper qualifications. Completing typical courses at a local school while maintaining your current job can be extremely challenging, especially if you have a family. Bookkeeping classes online can make it easier to obtain the qualifications for the type of job you want to have in the future; you can complete your coursework in a matter of weeks instead of months.

Online courses from Universal Accounting are streamlined and flexible enough to fit your current schedule, but robust enough to provide with the tools and guidance to build a professional bookkeeping business you can manage from the comfort of your home. The freedom and flexibility that come with working as a professional bookkeeper from home does mean more responsibility than you typically would have at a corporate accounting department or as an in-house bookkeeper for a local business. However, Universal Accounting offers a streamlined introduction to the tools and skills you need to manage your home bookkeeping practice effectively.

Time is another critical factor for many modern accounting professionals. Bookkeeping classes online from Universal Accounting offer you the ability to complete your Professional Bookkeeper certification in weeks instead of months, further streamlining your career path and making your services more attractive to potential clients.

 

Benefits of Working From Home

Modern technology has made telecommunication more feasible than ever before for professionals in various industries. This new trend of remote work not only allows employees to enjoy more flexibility in their day-to-day work, but also provides employers with a vastly larger pool of talented individuals who can work remotely. Bookkeeping is no different, and many professional bookkeepers are opting for working from home in lieu of traditional employment with a nine-to-five schedule.

The accounting world will continue to grow and provide invaluable services to countless other industries, but the professionals working in the accounting industry will forge new career paths and develop new ways to work on their own terms. Remote work can be incredibly rewarding with the right training and guidance. If you to pursue a career in professional bookkeeping but do not relish the thought of a nine-to-five shift in an office setting, developing your own bookkeeping practice from home could be the ideal solution. Working from home as a professional bookkeeper offers several tangible benefits:

  • Flexibility in your workdays. You get to decide what days you work, how many hours each day you want to work, and when you want to take off. There’s no need to navigate paid time off rules or use up vacation time when you need a break; simply let your clients know when you’re available.
  • Freedom to be your own boss. Working in any type of corporate structure can feel oppressive at times, and micromanagement from supervisors can diminish enthusiasm and degrade the quality of any professional’s work. When you are your own boss, the responsibility of fulfilling your clients’ needs comes with the ability of completing your work on your own terms.
  • Easier work-life balance. Working from home is especially beneficial to young professionals with families and young children. You could potentially save thousands of dollars each year in childcare costs by working from home while caring for your kids.
  • Minimal overhead. All you need to run a successful bookkeeping practice out of your home office space, a comfortable place to meet with clients if you plan to have face-to-face meetings, and the ability to manage your own business finances and marketing. You won’t need to worry about interviewing, hiring, training, or payroll for additional staff until your business grows large enough to need them, and only if you want them.
  • Virtually unlimited potential to grow your practice. Do you prefer a small, easy-to-manage list of dedicated clients or do you dream of building a full-fledged accounting company of your own? Bookkeeping courses online can empower you to grow your business in almost any direction.

Flexibility and freedom are the biggest benefits to working from home in any field. Professional bookkeepers who complete the online classes available from Universal Accounting not only obtain the certifications they need to attract new business and serve their clients effectively, but also the tools necessary for attracting new clients, managing their operating expenses, and growing their practices.

 

Enhance Your Professional Bookkeeping Career With Online Courses

Universal Accounting offers a multi-module program aimed at providing students with Professional Bookkeeper certification and a full range of tools to empower them for the future. Working from home not only offers comfort and convenience for everyday work but can also become the groundwork for a successful and lucrative business in professional accounting services.

Whether you plan on building a comfortable side job for extra income or want to take your home bookkeeping business to the next level and grow your own accounting firm from the ground up, the online courses available from Universal Accounting provide you with the tools you will need for professional bookkeeping success.

Universal Accounting provides a streamlined Professional Bookkeeper course that provides you with the certification and training to attract and retain new business as well as guidance for marketing your business, managing your operating budget, and developing new techniques for handling customer issues. If you’re interested in a flexible and robust Professional Bookkeeper certification course you can take online, contact Universal Accounting today at (877) 833-7909 for more information.

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