- Accounting Firms Brisbane Australia
Submitted by: Lorabella
Legal and appropriate handling of money is of utmost importance, especially in the recent economic times. There is a constant demand for experts skilled in financial accountability and taxation in small and large companies that need efficient navigation in finances and legalization of all monetary processes. Millions of young people pursue their dreams of becoming an accountant; and rightly so, as accounting is a job that is satisfying, well-paid, and provides plenty of opportunity to join professional associations and expand professional networks. Here we shall discuss the prospects laid out for you in the accounting career and also advise you on how to become an accountant.
How to Become an Accountant:
Do Groundwork
It will be of immense help to you if your foundation of becoming an accountant is laid in your schooling years. By taking up economics and math courses with elective subjects in related fields you will be creating a strong base for your degree course in accountancy. Students are also offered internships during school which gives them certain exposure in the job field and they gain valuable experience as well.
Attain a Degree
To acquire a job as an accountant you may attain an associate degree or a bachelor degree; this may vary in different levels depending on the job requirement. Jobs of the most remunerative nature employ those who have acquired the degree of a Certified Public Accountant (CPA). You need to prepare yourself well in advance for the CPA exams and emerge successful from the examination. You will require a four year degree to be a CPA. The certification exam is quite rigorous as it leaves no stones unturned in ensuring that candidates are totally prepared to become a proficient accountant. Your cognition of basic mathematical concept, law, and related subjects are tested in the CPA certification exam. Most corporates prefer CPA accountants as they feel their accounts are in efficient and skilled hands. You can also pursue a master’s degree, choosing a specific area of expertise for more lucrative opportunities. Keep in mind the requirements of the CPA exam which may also include completion of 150 hours coursework prior to the application.
Career Prospects in Accounting
It is the prediction of the Bureau of Labor Statistics that by 2016, there will be an 18% increase in accounting jobs. Thus, the current and future job market for accountants is quite promising. When you specialize in fields like auditing, bookkeeping, or tax preparation the range of your task performing ability increases and so would your remuneration. Think about specialization requirements that are the need of the current market and equip yourself accordingly. Your work can be varied and you can gain interesting experience in accounting. You can get employed in the Internal Revenue Service or start your own firm, depending on how resourceful you are. People in the entry-level accounting jobs earn between $30,000 and $50,000 a year, and with adequate experience and training you can earn much more.
How to become an account is a question, the answer of which begins with “Discipline, hard work, drive to excel, and qualifications ” You can better your prospects by taking up a job as a bookkeeper after college hours or on weekends and sharpen your skills in the process. This will also help you decide whether this is actually the career you want for yourself or not.
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