Question

Why choose to pursue a career in accounting? (300 words)

Answer 1

When you are planning to pursue accounting as an career or exploring the career pathways open to you as a young professional, accounting is a field you must need to take note of because of the following merits:-

1.Your area of specialization matters very much

Accountants have a lot of responsibility.
They usually have a say in major decisions, which means that they not only have a lot of control over a company’s day-to-day operations, but also the business industry in general.

They can be leaders in financial recording and reporting and in planning and analysis. They can help to determine which practices and strategies survive, and which do not.

Often, their vision for the future is the one that gets implemented.

2. You’ll be in-demand

No matter where you live or how the economy is doing, there is going to be a need for accountants.

That’s because governments, businesses and not-for-profit organizations (and sometimes individuals, too) continually need accountants and bookkeepers to manage their budgets, deal with taxes, do financial reporting, complete audits…and the list goes on.
Through good times and bad, accountants help companies of all sizes create strategic plans to maximize success and limit chances of failure. Without accounting it would be very difficult for businesses to analyze their financial performance, which would make it harder for organizations to make smart decisions for the future.
Through good times and bad, accountants assist entites of all sizes and nature; create strategic plans to maximize success and limit chances of failure. Without accounting it would be very difficult for businesses to analyze their financial performance, which would make it harder for organizations to make smart decisions for the future.

While no field can assure anyone a job, the prospects in accounting are superior and are likely to stay that way.

3. You can make it the way you want.

Accountants work in all kinds of places – you might find them in various departments within local, provincial/territorial and the federal governments; corporate and commercial businesses; charities and not-for-profit organizations; professional associations; or educational institutions.
Accountants may actually work full-time within an institution or they may work for multiple clients at the same time (either on their own or as part of an accounting firm). It depends on where the demand is and what your preference is. What’s nice is that there is often enough flexibility for you to shape up your career into what you want it to be.

4. You’ll never be bored and feel stucked

For many accountants, each day is afresh and exciting – they never have to worry about things getting dull.

Whether it’s because the accounting industry involves a variety of tasks, or because accountants are often involved in many aspects of an entity’s operations, chances are high that you won’t get bored working in this profession.

5. You’ll enjoy stable environment

Accounting offers what many of us start to crave after a spending years living as a struggling student: a dependable career.

Those who work in accounting generally enjoy the benefits of regular hours, a salary (which will increase over time), benefits, and the ability to plan for the future with a degree of confidence.

6. You’ll have the opportunity to explore and advance yourselves.
Given that young people are expected to change occupations several times over the course of their careers, working in an industry that presents you with new opportunities is a huge plus.

You could become a business leader, high-level manager or entrepreneur.
From a career in accounting, you could move up within the profession (a vertical shift) – either at your own workplace or a new one – or sideways into something else, like teaching or investing (a horizontal shift).

You could even become a high-level manager or leader (think chief financial officer of a company) or start your own business using what you learned during your time as an accountant.

7. You’ll meet interesting people
Whether they’re clients, coworkers, bosses, mentors or people you meet by chance at a random event, your accounting career will bring you touch in with people from a diverse range of backgrounds.

(That’s where a lot of the potential in your career comes from – think of the networking opportunities!)

The relationships you build throughout your accounting career will play a big part in your personal and professional growth. You’ll have a lot of possible relationships to choose from.

8. You’ll learn constantly

Variations in technology and regulation mean that the accounting industry is constantly evolving.

As a professional within the field, you’ll likely need to stay up-to-date on best practices to be successful.

It’s a great way to work your way to the front of the industry, to become a leader and to get noticed.

9. There’s room to grow and explore more.
Accounting is an important industry that offers all kinds of career options.

Accountants can and do work almost anywhere. And because they’re in such high demand, there are number of opportunities for them to avail.

With a little bit of hard work, a drive to succeed and a passion for your profession, you can reap the many rewards that this field has to offer.