Career choice is one of the most important decisions to make while people are still naive, young and uneducated or uninformed about careers and interesting facts about them. High school presents a chance for every student to choose and follow a career path which may be based on what you love to do as a person, what your parents desire or any other reason. Most find it hard to make a choice between of the availability of a lot of careers like law, engineering, medicine, accounting, pharmacy, architecture, archaeology and some careers in the arts and social sciences department. If you are currently facing such challenge In career choice, it is because you probably lack good information about the career options available for you. In this article, you will learn about accounting and some very interesting facts about it. The facts about accounting profession are very exciting and it involves the prospects of accountants in this present age and in respect to changes in technology in the future, the need for accountants in firms looking to grow financial base and strength and many others.
These facts speak volume about the accounting profession and what to expect after being trained as an accountant in school, the continued learning options available to learn more and specialise, the professional examinations and certifications available and how they impact the feats to be attained in accountancy. The work of an accountant in checking and examining financial records and reports to ascertain that it they are all accurate leaves anyone with such a skill with a great responsibility in any firm or corporate establishment. It is a profession that impacts on and affect financial sector of government, establishments, firms, and all organizations including non-profit and humanitarian service rendering agencies. Below are six very interesting facts about accounting profession and perhaps reading it will change or improve what you know about the profession or make you decide for accountancy as your career.
1. Private Practice as an Accountant
Being an accountant and retaining a mind to be self-employed and manage your own business is never a bad idea because accounting allows for such and in fact, makes it very easy to do unlike other career path. Accountants that decide to own a private establishment can do that either a accounting firm or financial management firms. This provides for opportunity to consult individuals about their business finance, consult companies and agencies as regards their financial management and setting goals in respect to their financial strength, auditing, tax payment and loan and credit information. You don’t necessarily need to be rich or have millions of dollars as a capital to practice on your own and its an interesting fact about accounting profession.
2. Professional, Expertise and Great Responsibilities
One of the thing that informs my decision to choose a career path when i was young was my desire to be trained and professionally certified as an expert that carries great and important responsibilities in my sector or workplace. Such is then feeling you get all your life as an accountant and it will suit you well to know that most financial decisions have to go through you for professional look before ratification of such decisions can scale through. Accountants are very responsible in any firm or company and they are part of the top hierarchy and decision makers because of the knowledge they possess. This will make you feel proud about the accounting profession as an interesting fact.
3. Constant Need for your Service
As an accountant, you never have to worry about being valueless, jobless and idle because your services are always needed and sought after. Where you work does not in any way affect this interesting facts. In any economy or country, an accountant is needed by corporate companies and organizations, non-profit and charity establishments, private agencies and parastatals because an accountant offers a service that can nerve be overlooked or wished away. This fact is interesting because it ensures and guarantees good and greater chance at getting employment even in a developing countries where unemployment is still an issue.
4. Deserving and Commensurate Wages
As an accountant, you don’t need to secure an employment in top international banks and financial institutions or globally renowned financial consulting firms to earn good wages that is very deserving and commensurate with your work input. Being professional and happy with what you do as an accountant is very satisfying but you sure have bills to be paid and if a profession gives the opportunity to earn well, it should be enlisted as one of the interesting facts about accounting.
5. Rich History and Sustainability
Many profession do not have rich and interesting history like that of accounting profession. It is a career path with amazing history and great prospects for the future in the face of changing tides of the information technology age. Starting from Luca Pacioli, the father of accounting and a referred mathematician and the meticulous nature of the Romans coming to help them account for each and every transaction even without formal accounting knowledge, accounting proofs to be a career with nice and interesting history and a enduring future. The future prospects is bright as the profession moves in line with latest technology to facilitate and improve on accurate financial accounting.
6. Access to Professional Growth
The accounting career is a professional occupational that allows for growth and expansion of personal knowledge and advancement through further learning, examination and certification. The CPA is one of such ways through which accountant can get more certified to handle advanced accounting work. For accountants in the CPA course, the surgent CPA review is perfect and suited for them to have a fore knowledge of what the course is all about and the prospects attached to its certification.
In conclusion, the accounting career is one that has lots of interesting facts as explained above. These facts may and sometimes affect the decision of many students as regards career path. Of reading this has made you decide to be among he top accounting professionals, then you are welcome to the league while others relish the interesting facts they have just found out through this article.
