If you’re considering a career in accountancy, you may have heard about the many benefits of becoming an accountant. From job security to salary potential, there are several reasons why accountancy is a great career choice. Let’s take a closer look at some of the most compelling reasons why being an accountant can be beneficial.
Job Security
Accounting is one of the most secure jobs out there, particularly if you choose to pursue a CPA (Certified Public Accountant) designation. In fact, according to the Bureau of Labor Statistics (BLS), the number of accounting jobs is expected to grow by 4 percent between 2018 and 2028. As long as companies have finances, they will need accountants to track their financial data and keep books up-to-date. In addition, CPAs are often called upon for financial advice and guidance—functioning as key players in the success of their organizations.
Salary Potential
The salary potential for accountants is also quite high. According to the BLS, median pay for accountants and auditors was $70,500 as of 2018—and that number only increases with experience and qualifications. Furthermore, CPAs also tend to earn higher salaries than non-certified professionals due to their advanced skillset and expertise in taxation law. For those looking for a lucrative career path with plenty of room for growth and development, accounting is definitely worth exploring.
Flexibility
Finally, another major benefit of becoming an accountant is flexibility—in terms of both working hours and job roles. Many employers offer flexible working hours or remote working options, meaning you don’t necessarily have to stick with a 9–5 schedule like other professions require. Additionally, CPAs can work in various industries such as tax firms or public accounting firms or even venture into self-employment through freelance gigs or consulting opportunities—giving them further flexibility when it comes to job roles and duties.
Further thoughts
All in all, there are plenty of compelling reasons why becoming an accountant can be beneficial for your career prospects. With job security, salary potential, and flexibility all on offer—it’s no wonder so many people are turning towards this field as an attractive alternative to other professions! So if you’re considering making a change in your job role or entering into a new profession altogether—accounting might just be the right fit for you! Ultimately it depends on your own interests and professional goals but if these benefits sound appealing then it’s certainly worth exploring further!
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