Transcript

A Career In Accountancy profession: Helpful tips On How You Can Succeed

03/19203928 THE ULTIMATE GUIDE for Those Considering a Career in Accounting ACCOUNTING CAREER UPSIDE TIP: Pursuing a career in a field that is seeking educated and experienced professionals is smart. The field is experiencing this increased demand because of new laws and regulations in response to the financial crisis of 2007-10 and the ensuing corporate scandals. 16 MORE THAN 313,000 JOB OPENINGS THROUGHOUT THE PAST YEAR PROJECTED JOB GROWTH (2010-2020) ACCOUNTING EDUCATION STANDARDS TIP: Swings in the economy and advances in technology will continue to influence the day-to-day activities of accounting professionals. Developing business insight and continuing to learn new concepts will help you keep your skills and knowledge up to date. 76% CERTIFICATIONS Public Accountant (CPA) Information Systems Auditor (CÍSA) Internal Auditor (CIA) Fraud Examiner (CFE) OF POSITIONS REQUIRE A BACHELOR'S DEGREE ACCOUNTING SKILLS AND ABILITIES TIP: To stand out, make sure you can demonstrate your experience utilizing these skills. Keep an extensive list of real-world situations in which you used these skills as it will help prepare you to articulate them during job interviews. HARD SKILLS SOFT SKILLS ACCOUNTING/PUBLIC ACCOUNTING ANALYTICAL SKILLS ACCOUNTS PAYABLE AND RECEIVABLE COMMUNICATION SKILLS ACCOUNT RECONCILIATION DETAIL-ORIENTED FINANCIAL STATEMENTS/REPORTING MATH SKILLS GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) ORGANIZATIONAL SKILLS ACCOUNTING JOB TITLES, SIMILAR POSITIONS AND SALARIES TIP: Visit a few online job boards such as Monster, CareerBuilder, Indeed or even Linkedin and search for openings for these positions in your area. It should give you an idea of the variety of accounting-related positions available. TOP 10 JOB TITLES $55,331 $46,234 Accounting Clerk Accounts Payable Clerk Accountant $38,439 Staff Accountant $34,517 Accounting Manager $86,147 Internal Auditor $50,464 Bookkeeper $39,225 Accounting Assistant $32,938 Tax Manager $106,338 Tax Accountant $48,973 SIMILAR POSITIONS Budget Analysts $49,585 Financial Managers $98,946 Cost Estimators $49,474 $50,252 Management Analysts $70,985 Financial Analysts Personal Financial Advisors $74,700 EXPERIENCE YOU'LL NEED 7% 5% TIP: As a way to show experience, consider highlighting how your previous job(s) as a cashier, bank teller or even a sales representative helped you gain finance, bookkeeping and communication skills to better prepare you for a career in accounting. 25% 63% LESS THAN ONE YEAR 1 TO 4 YEARS 4 TO 7 YEARS 7+ YEARS TOP LOCATIONS FOR ACCOUNTING JOBS IN THE U.S TIP: Expand your job search. If moving isn't an option, consider jobs that allow telecommuting or have regional offices that might be closer to your location. This can increase the amount of job opportunities available to you. Less Job Postings More Job Postings TOP 5 INDUSTRIES FOR ACCOUNTING POSITIONS TIP: Try to find work in an industry that interests you. Think about the activities you love to do and find a business that works in that space. For example: if you're really into camping, find a company like REI or Gander Mountain. ADMINISTRATIVE AND PROFESSIONAL, SCIENTIFIC, AND TECHNICAL SERVICES FINANCE AND INSURANCE SUPPORT AND WASTE MANAGEMENT AND REMEDIATION SERVICES HEALTH CARE AND MANUFACTURING SOCIAL ASSISTANCE After crunching the numbers, what do you think? Are you ready to guide yourself into a career in accounting? 58 Buming Glass, Analysis of Accounting Jobs Listings, 7/30/2012 to 07/29/2013) Occupational Outlook Handbook, Accountants and Auditors, http://www.bls.gov/ooh/Business-and-Financial/Accountants- and-auditors.htm (August 2013) Salary data represents national, averaged earnings and includes workers at all levels of education and experience. This data does not represent starting salaries. RASMUSSEN COLLEGE Salary.com, U.S. Salary Wizard, www.salary.com/SalaryWizard/

A Career In Accountancy profession: Helpful tips On How You Can Succeed

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small business accountant London (http://www.alexander-ene.co.uk/). In every kind of organization, an accountant is necessary. You have to bear in mind that accountancy is fundamentally the language f...

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