What Are the Benefits Associated With an Accountancy Career?

There are around 1,392,200 accountants in the U.S, which shows it’s a lucrative career. 

Becoming an accountant requires good analytical skills, mathematical prowess, and determination. Perhaps you’ve heard positive things about being an accountant, but you’re not sure whether starting an accountancy career is for you.

Sounds familiar? Don’t worry, you’ve come to the right place. Here are the benefits of starting an accounting career. 

Many Career Options 

One of the major reasons you should embark on an accounting career path is because it’s so versatile. There is a wide range of industries that need accountants on their team, whether it’s working at a marketing agency or as a financial consultant.

If you’re interested in landing an accountant role, then check out the link: www.taxfyle.com/cpa-jobs

Great Job Security

Another benefit of starting an accounting career is you’re guaranteed good job security.

Keep in mind, every organization needs someone to handle their finances which makes accountants constantly in demand. For instance, the most popular roles include auditor, financial analyst, and bookkeeper. 

Chance to Travel

If you’re looking for accounting career tips, then find a position where you travel for work.

As a freelancer, you can have clients in different cities so you can regularly go on business trips. But don’t worry if you’re a homebody, you can find employment closer to home.   

Better Understanding of Finances 

One of the top accounting career benefits is you get a deep understanding of finances, which is often in high demand. This skill set, however, can be carried over into your daily life. For instance, you can decide the best stocks or know how to properly fill your annual taxes. 

Opportunities for Advancement 

Out of all the accounting career advantages, this is the most significant. No one wants to be stagnant in their job, which is why becoming an accountant is great. When you’ve developed your skillset, you can earn more in the financial industry, such as becoming a personal advisor.

Competitive Salary 

On average, accountants make $71,550 annually and this can increase as your career progresses. This also means there’s a healthy entry-level salary, perfect for graduates.

And because accountants are highly sought after, you can enjoy competitive rates depending on the company you work for. The amount you’re paid will also depend on your location if the organization is privately owned or by the government.

Or, if you hate having a boss, become your own. Many accountants become entrepreneurs because they grow their business contacts and have a deep understanding of finances. For instance, you could specialize in tax accounting or start a consultant agency. 

Benefits of an Accountancy Career

Hopefully, after reading this article, you know the benefits of an accountancy career. 

Starting as an accountant means you enjoy a great salary, good job security, and have plenty of growth opportunities. You also can work in an array of industries and have the chance to travel while earning a paycheck. What’s not to love? 

Found this article helpful? Awesome! Then, check out the rest of our blog for more tips and tricks.

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