Career Summary - Accountant
Accountant
Introduction
If the thought of becoming an accountant has cross your mind, this article is for you because it gives details information about the profession. From what an accountant really is, to the different sector an accountant can work, to the salary and the quality of life. You'll learn everything you ever wanted to know about becoming an accountant.
What is it like to be an accountant ?
Being an accountant is like being a physician of number for a company. Accountants help the clients by telling what the number of their financial statement say about their past, present and future.
What do accountants do?
Accountants prepare and review financial reports. Those reports will be helpful for decision-making and to illustrate the financial status a company. Accountant also, prepare tax declaration for government.
What do accountants do on a typical day?
Depending on the type of the accountant, a typical day can vary. They work with numbers all day long. The internal auditor reviews other people work to analyze if it conforms to the accounting rules. The tax accountant participates in decision-making by the reviewing the tax side.
Where do accountants work?
Accountants can work in different institutions like in accounting firm, a company, the government, the banks and on their own account.
How can I become an accountant ?
To become an accountant, you will need a bachelor degree in accounting or finance. After, some students pursue a master degree in management accounting or enroll in CPA program.
How much money do accountants make?
The average annual salary of an accountant is around 56,192$.
What kinds of additional training do accountants need?
Accountants do master degree in management accounting or in tax. Others enroll in CPA program to have their licensed.
What are the dangers of being an accountant ?
The hours are not very stable in this sector because there are stressful periods during the year. So many accountants face burnouts.
What are the chances that accountants will be replaced by robots soon?
Depending on the field and the level, some tasks in accounting will be replaced by robots, as journal entries. However, the accountants on a higher level who makes decision-making won't be replaced by robots.
What age do accountants retire at?
Many accountants stay active after retiring, but the average is between 62 and 70 years old.
Conclusion
Being an accountant is an interesting career and many enjoy it. In fact, those who enjoy it during universities tend to become CPA. Also, the possibilities of opportunities in this field are endless which make it more fun on the long run. So, my goal is to become an accountant and eventually CPA.
More by this author
Glossary link: https://jenine2003.blogspot.com/2022/02/accounting-glossary.html
Screencast link: https://jenine2003.blogspot.com/2022/03/screencast-accounting.html
Sources and RADARS ratings
Source: https://www.princetonreview.com/careers/1/accountant-auditor
Rationale: to inform or educate
Authority: research journal
Date: still relevant
Accuracy: probably true
Relevance: relevant for this document
Sources: no sources cited
Source: https://www.cpajournal.com/2016/12/23/the-state-of-the-profession/
Rationale: to inform or educate
Authority: this author’s opinion
Date: still relevant
Accuracy: probably true
Relevance: relevant for this document
Sources: no sources cited
Source: https://billykosko.medium.com/will-accountants-be-replaced-by-computers-2be8cf966fab
Rationale: to inform or educate
Authority: this author’s opinion
Date: recently published
Accuracy: probably true
Relevance: relevant for this document
Sources: no sources cited
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