The Career Prospects for an Accountant
Accounting is indispensable for every discipline and field in the business world. Undoubtedly, accounting forms the backbone of organizations and economies across the world. An accountant is responsible for taking care of financial accounting as well as auditing of businesses and individuals. He/she is responsible for maintaining books of accounts, payrolls, filing tax returns and ensuring tax compliance.
The demand of accountants is extremely high is present economic scenario. Different organizations need trained and skilled professionals for resolving complex financial procedures. Without a second thought, accounting is a vast subject that offers an exciting range of careers to choose from. Having thorough knowledge of accounts can make you excel in various fields ranging from management to forensic sciences. Therefore, if you are a person with an analytical bent of mind and are fond of playing with numbers, then you must opt for accounting as a career. Your knowledge of accounting can make you successful in a variety of areas that range from Crime Scene Investigators, FBI agents to tax advisors and conventional accountants.
Dynamism is the key characteristic of an accounting job. Since the finance and tax laws keep changing with the changes taking place in economical, social and legal environment, a career in accounting can be fast-paced and dynamic. Therefore, people in this field must be prepared for such changes. The individuals with self-discipline, self-starting capabilities, commitment and excellent mathematical skills can consider accounting as a career option.
So is the information appealing to make youngsters look forward to accounting as a career? What is the average salary of an accountant? You must also know the different tasks you need to accomplish as an accountant. Let us examine the different aspects relating to education and job of an accountant.
The accounting discipline provides a lot of career opportunities through global and domestic forums which enhance the career mobility for an individual. The new entrants begin at entry-level positions before reaching the higher positions on the basis of education, experience taken as well as specialization. Moreover, certifications are extremely essential for advancement of career. The career paths include public and personal accounting, cost accounting, managerial accounting, auditors, professional accounting, and payroll administrators, accounting administrators, financial accountants, computerized accounting specialists, forensic accountants and many more.
The average salary of an accountant varies according to the field of accounting. Besides this it also depends on the nature of work and number of job responsibilities which are being fulfilled. Moreover, the average salary of an accountant is determined not only by the area of accounting, but also the geographical region in which the person is employed. Generally, the average salary ranges from $47,900 -$88,300 on a yearly basis in the beginning of your career.