The career of an accountant
Introduction
If you have ever thought about becoming an accountant, then this article is for you. In the following article you'll learn everything there is to know about an accountant, I will talk about where and when accountants work, how much they get paid, what kind of training they need, how to become an accountant, when you can expect to retire and how you can make a difference in the lives of the people you serve.
What is it like to be accountant?
At times, it can be time-consuming and extremely stressful, but the majority of your time will be spent working behind your desk or advising clients about financial decisions
What do accountants do?
Accountants provide financial advice to clients that range from multinational organisations and governmental bodies to small independent businesses and individuals. Accountants often specialize in particular areas of practice, including audit, management consultancy, recovery, forensic accountancy, taxation, assurance and corporate finance. Most of the work is done behind a desk
What do accountants do on a typical day?
A typical day for an accountant start by analyzing, collecting, compiling and evaluating financial data. And they prepare financial reports for the enterprise, which will take most of the day.
Where do accountants work?
Accountants work on a variety of places, ranging from private firms to self-employed, but they mainly work for charities or non-profit organisations, commercial or corporate organisations and for the government.
How can I become accountant?
Most of the industry requires you to complete a bachelor's degree in either accounting, finance, or a related discipline. This is the basics you need to get in accounting.
How much money do accountants make?
The entry levels of revenue for an accountant on average is 42k, this is right out of school, with more experience and time an accountant can make nearly as much as 93k a year plus the yearly bonuses that comes with it
What kinds of additional training do accountants need?
To have higher chance to get hired you need to have significant computer proficiency, have experience in number intensive works, organisation skills and communication abilities. Some companies prefer to have job candidates with master degree in finance or accounting.
What are the dangers of being accountant?
Some accountants claim that the stress levels are higher than other similar jobs, due to higher work load and managing the finances of multiple clients at the same time, but the main danger accountants tend to face is the loss or leaking of clients information, that can put clients in a vulnerable position as it could mean the loss of business or damage to the reputation of the firm
What are the chances that accountants will be replaced by robots soon?
According to a study led by Oxford University the chances of accounting being replaced by robots are as high as 95 %, due to the automating of most of the software accountants use their chances of being replace by robots in the next 5 years is extremely high
What age do accountants retire at?
On average accountants tend to retire at the age of 65.
Conclusion
I am currently studying administration at a cegep level and will most likely study finances when I reach university level to then be an accountant.
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Glossary link: https://erenadministration.blogspot.com/2021/02/glossary.html
Screencast link: https://erenadministration.blogspot.com/2021/03/how-to-eliminate-spelling-mistakes.html
Sources and RADARS ratings
Source: https://targetjobs.co.uk/careers-advice/job-descriptions/276909-accountant-job-description#:~:text=preparing%20accounts%20and%20tax%20returns,analysing%20accounts%20and%20business%20plans
Rationale: to inform or educate
Authority: research journal
Date: still relevant
Accuracy: probably true
Relevance: relevant for this document
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Source: https://floqast.com/blog/will-robots-take-our-jobs-if-accounting-is-automated/
Rationale: to inform or educate
Authority: research journal
Date: recently published
Accuracy: probably true
Relevance: relevant for this document
Sources: cites sources
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