By: Continuing & Career Education at Assumption College
Wednesday, March 15, 2017
Few careers have the flexibility, salary, and job outlook that make accountants love their jobs. Individuals who have explored this career option might know all about the different jobs they can get, but do you know the benefits of being an accountant? If you’re wondering if accounting is right for you, read some of the benefits that come along with this career.
Which Industry? You Pick
Every business deals with monetary transactions which means accountants aren’t limited to a particular field. According to the Bureau of Labor Statistics, accountants and auditors held about 1.3 million jobs in 2014. Among the top-ranking industries for accountants are the federal government, software publishing, and engineering services. And, if you start to develop a newfound love for another industry, it won’t be difficult to make a switch.
Accountants typically work a 40-hour week with about 1 in 5 working more than 40 hours per week. They usually work in office settings. But due to the high demand for tax professionals, many tax accountants establish their own business. Working from home can be beneficial for individuals looking for a job with flexible hours. It might take a decent technology setup and some discipline to keep yourself productive, but the payoff can be worthwhile.
Growing and Growing
Job growth for accountants is expected at 11 percent from 2014 to 2024, which is slightly better than the average of 7 percent. As more companies go public, there will be greater need for public accountants to handle the financial documentation. Out of all accountants, certified public accountants and those with a master’s degree in accounting or business will see the best opportunities. Individuals with experience in international trade will also find better opportunities due to the increasing globalization of business.
Room for Advancement
Especially in larger corporations, accountants can find more opportunities in higher positions as they progress through their careers. A strong demand for accountants may lead to strong prospects for entry-level positions, which is good news for recent graduates. Overall, becoming a CPA or obtaining your Master’s Degree can give you a boost towards a higher-paying position. Accountants can also become Chief Financial Officers for businesses, which can be highly rewarding in terms of work and pay.
An important factor to remember is that accountants are always needed in business settings. As long as there is money being exchanged, accountants will be in demand. If you think accounting is right for you, a Bachelor’s Degree in Accounting from CCE at Assumption will grant you many opportunities.