Are you considering a career in Accountancy but are feeling unsure about what this could offer? If you are good with numbers and want an established career with the opportunity to progress, Accountancy could be for you. Here are a few key reasons why you might want to consider a career in this field.
A career in Accountancy can offer stability as there will always be a need for your skill set. All companies, however big or small, will require services that offer accounting and financial expertise, making this a stable field to work in.
Accounting is not a profession that can be easily outsourced and as long as people need help with taxes and businesses still exist, there will always be a demand for Accountants.
Progression & Professional Growth
A role within Accountancy has a clear career path. Usually, you will start in an entry level role such as an Accounts Assistant, Finance Junior or Junior Auditor and will then progress within the role.
In order to qualify as an Accountant, there is the opportunity to become a member of a professional body which can further your career advancement.
Some of the well-known reputable bodies include the Institute of Chartered Accountants in England and Wales (ICAEW), the Association of Chartered Certified Accountants (ACCA) or the Chartered Institute of Management Accountants (CIMA).
Upon completion of the numerous exams, alongside the relevant experience gained within the workplace, you can achieve a qualified accountant status.
Another point worth noting is that you don’t have to have a degree to become an Accountant. You can initially kickstart your career by studying for an AAT. This is the equivalent of the first year of a Bachelor’s degree and will act as the foundation work before moving on to join the professional bodies.
Once you have gained a reasonable amount of experience within the field and have qualified with a professional body, your potential earnings can be rather favourable (click here to see our latest salary information).
A career in Accountancy offers you both stability and the potential to live a comfortable lifestyle.
Within Accountancy, it is possible to become your own boss if you wish to, through running your own bookkeeping business and becoming self-employed.
Initially, it is quite easy to set this up in your own home with minimum overhead costs. This can be quite an attractive arrangement as you can have flexible working hours, especially if you have other personal commitments such as a family.
This opportunity to start your own firm isn’t true for every profession and is a great potential option to have.
As I have summarised above, there are many reasons why a career in accountancy can be a positive one.
From progression to being able to mould your career to how you see fit, jobs in this sector definitely have many advantages. Having previously worked in accountancy, before moving over to recruitment, I have had first-hand experience of these benefits so would encourage anyone with a flair for numbers and an interest in this field to consider this as a career.
by Natasha Dhariwal