What is it Like Being an Accountant?
Mar 8, 2015 | 10:00 am
You might be thinking of becoming an accountant, but how do you know if this field is right for you? You need to ask yourself some questions to get started. Are you good with numbers? Do you like researching massive amounts of data? Do you like puzzles? Are you able to communicate well with others? Are you a problem solver? Are you critical of accuracy, to the point where you want to check the work of others? Are you willing to be in compliance with the legality of government regulations? Can you protect the confidentiality of others? Do you enjoy working alone?
If the list above describes you and what you enjoy doing, then you may be a good candidate for the accounting field. To start with, ask what type of accountant you are thinking of becoming.
Different Groups of Accountant
There are different groups of accountants and you may find that you like one group over another. According to U.S. Legal, there are six different groups of accountants.
The most common is the Certified Public Accountant or CPA. A CPA is a general accountant who performs a little bit of everything from the six different groups.
An auditor is either internal or external and researches all financial aspects of the books, regulations, and compliances. They must be sure that every aspect of the books is in order, in compliance with local, state and federal regulations, and always on time.
A tax accountant concentrates on the taxes of individuals, families and businesses of all sizes. This covers audits, collections, and appeals in different administration levels.
A financial advisor advises on strategies and financial planning to individuals, businesses and organizations, in order to improve their financial standings and assets.
Consultants will analyze, evaluate, and translate financial data and reports for management. They will then communicate their findings to plan for a better financial future.
Forensic accounting, also known as investigative or forensic auditors, works with the government and assists the legal system to investigate criminal activities such as embezzlement, securities, and fraud.
Where to Begin
Some accountants might tell you that accounting is a lonely profession. Others will tell you there is nothing like it and they love it, simply because it is steady work and something that can be done with a flexible schedule compared to most office jobs. Depending on whether you want to get an associate’s degree to do taxes for individuals every year, or if you want to go all in for a master’s degree and get into the forensics of it all, the choice is yours.
Accounting is about communication, so try to work on improving your personable qualities and speaking skills. Above all, no matter which group you choose, accuracy is critical. You are working to keep the security of people’s finances safe and must proceed ahead with confidentiality.
Accounting is a flexible and enriching profession, if you have the mind for it. Regardless of which path you chose to take, remember that accounting can be truly diverse, as there are many companies looking for trained, honest workers.