Question

 Please describe your views on the future of accounting careers. What would be like? Why do you say so?

Answer 1

Accounting in changing industries and dynamic scenarios is becoming a major career opportunities for people. This industry with the implementation of latest technologies viz softwares and ERP etc help accountants and related people to reduce the errors.

Future of accounting according to me is shining and is the right career path. There are certain important things one can keep in mind viz. technology will change the way of doing accounting and reduce the human error and hence will not lead to loss of job but to enhance the valuation of its working and to effectively managing the accounting job and tasks. Further Accounting advisory and consulting needs will always be there in the current scenario of changing environment w.r.t MIS need and analysis out of Accounting data to help and improve the organisation and its profitability. The role of the accounting firms are increasing day by day along with increasing in the number of business and companies and their requiremtn to maintain proper records and MIS and related data for their business Furthermore a degree along with experience is must in order to reap the benefit of the accounting career.

Further accounting is a very vast feild which includes record keeping to analysis of data and MIS accounting etc. hence in order to get benefited from the career opportunities one has to be specific and expert in his field and hence a sub division of accounting to be followed so that expert knowledge will help to gain the fame and name with in the market.