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Why Accounting Graduates are Essential in Today’s Marketplace

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Did you know that accounting is one of the most demanded fields for graduate students? Well, because there’s a huge need for innovation, companies from all over the place are looking to create a productive and healthy economy. This goal wouldn’t be possible without the help of a professional accountant who maintains an efficient bookkeeping.

This field requests a few important skills. Math, economy, and accountability are just a few of the most important ones. An accountant can often help a company succeed.

Many students tend to avoid the accounting and finance majors because they’re difficult. Because of this, there’s a shortage of finance and accounting candidates. Those who manage to get their degrees in these fields will often be guaranteed to land a high-paying accounting job. The demand for accountants is quite exponential not only in the US but all across the world.

Because we live in a “digital era”, accountants no longer have to be physically present. Instead of working from an office, they can work from home or from the road. The only thing they need is an internet connection and a smart device.

When it comes to salaries, individuals who have barely finished their studies can start earning over 50.000$. If they get the chance to work for the “Top 4” accounting companies, the initial salaries for CPA employees can be quite impressing.

In order to be eligible for an accounting job, you first need an accounting degree. Then, you need to specialize a bit and create further knowledge and expertise in one of the following fields:

  • Certified Public Accountant (CPA)
  • Certified Management Accountant (CMA)
  • Charted Financial Analyst (CFA)
  • Master of Business Administration (MBA)
  • Charted Global Management Accountant (CGMA)
  • Certified Internal Auditor (CIA)
  • Certified Information Systems Auditor (CISA)
  • Certified Payroll Professional (CPP)
  • Project Management Professional (PMP)

If you wish to reach the “next level”, you need to pass the CPA exam. You will then have a professional status that will bring you lots of professional benefits. It also brings you a lot of stability, because your skills are extremely valuable for today’s companies. Good certified public accountants (CPAs) are not just good at math.

There are other skills such as problem-solving, analysis, organizational, and adaptability which are quite critical for a good accountant. These skills have a big role in the company, as they contribute to the well-being and profitability of the organization.

When you acquire a CPA certification, you’ll no longer work with entry-level salaries. The CPA status makes you a kind of an expert in employees’ eyes. Of course, the degree itself isn’t enough – you have to prove your expertise and produce real results.

Accountants are More than Just Accountants

Every company needs accountants, so choosing such a career path can only bring benefits. Majoring in accounting offers you an almost guaranteed job position and much more opportunities.

Most people believe that accounting is just math, data entry, and money management. In fact, that’s far away from the truth. Good accountants often understand their company’s purpose and needs completely. That is why an accountant can rank up the hierarchy and develop a new status within the company.

I know many accountants that have become senior managers and CEOs. They have begun to effectively manage their organization up to the point where they were doing more than just accounting.

Jane Michael, Senior Manager at a successful research paper writing service stated:

“Most of the skills developed by an accountant are vital components of an organization. With time and results, an individual who used to be an accountant can certainly become the “big boss” of the company.”

Conclusion

If you’re about to choose your major, and you’re skeptical about what an accounting degree can bring you, I’d highly suggest you reconsider. You just can’t go wrong if you’re a certified accountant. Being a professional accountant makes you develop skills and traits, and they’ll always prove to be beneficial in the future.

Your options become unlimited because there are so many companies that lack good accountants. It’s all about how you prepare your pitch. Again, if you’re good, you can forget about ends meet and start focusing on increasing the revenue.