3 answers
Karina
Student
Moody, Alabama
1
Question
Updated
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Is going for accounting a safe decision?
I know my way around excel, and my cousin works as an accountant. He says its a good career path, but he's worried about offshoring. What do you guys think?
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3 answers
Wong Loke Yuen
Head of Programme cum Senior Lecturer
645
Answers
Johor Bahru, Johor, Malaysia
Updated
Wong’s Answer
Hi Karina. Choosing accounting as a career can be a safe and practical decision, but it has both advantages and challenges.
One concern your cousin mentioned is offshoring. Some entry-level accounting tasks, like bookkeeping, payroll, and basic reporting, can be outsourced to other countries. This means competition for those jobs might increase. However, higher-level roles like auditing, tax planning, management accounting, and consulting are less likely to be offshored because they require direct interaction with clients and knowledge of local laws.
Technology is another factor to keep in mind. Automation and artificial intelligence are taking over repetitive tasks, so learning to work with new tools and using data to make decisions will make you more valuable. Accountants who can interpret data, advise on financial strategy, and make complex decisions are always in demand.
Accounting also offers flexibility. You can work in many industries like corporate finance, government, non-profits, or consulting. There is also room for growth if you are ambitious and willing to keep learning. You can pursue certifications like the CPA (Certified Public Accountant) to strengthen your career, boost your competitiveness, and qualify for higher-paying positions.
While some basic jobs may face challenges, developing specialized skills and certifications can give you stability and long-term career growth. Wishing you all the best.
One concern your cousin mentioned is offshoring. Some entry-level accounting tasks, like bookkeeping, payroll, and basic reporting, can be outsourced to other countries. This means competition for those jobs might increase. However, higher-level roles like auditing, tax planning, management accounting, and consulting are less likely to be offshored because they require direct interaction with clients and knowledge of local laws.
Technology is another factor to keep in mind. Automation and artificial intelligence are taking over repetitive tasks, so learning to work with new tools and using data to make decisions will make you more valuable. Accountants who can interpret data, advise on financial strategy, and make complex decisions are always in demand.
Accounting also offers flexibility. You can work in many industries like corporate finance, government, non-profits, or consulting. There is also room for growth if you are ambitious and willing to keep learning. You can pursue certifications like the CPA (Certified Public Accountant) to strengthen your career, boost your competitiveness, and qualify for higher-paying positions.
While some basic jobs may face challenges, developing specialized skills and certifications can give you stability and long-term career growth. Wishing you all the best.
Franny Buzimkich
Executive Concierge
18
Answers
Wolcott, Connecticut
Updated
Franny’s Answer
Hi Karina,
Choosing to pursue a career in accounting can be considered a "safe" decision in many respects, but it depends on your interests, goals, and the context of the job market. Here are some points to consider:
Why Accounting Can Be a Safe Choice:
Steady Demand: Almost every business needs accounting professionals to handle finances, taxes, auditing, and compliance. This creates a steady demand for qualified accountants.
Diverse Opportunities: Accounting skills are applicable across industries like finance, government, non-profits, healthcare, and more.
Clear Career Path: There are well-defined career milestones in accounting, such
Choosing to pursue a career in accounting can be considered a "safe" decision in many respects, but it depends on your interests, goals, and the context of the job market. Here are some points to consider:
Why Accounting Can Be a Safe Choice:
Steady Demand: Almost every business needs accounting professionals to handle finances, taxes, auditing, and compliance. This creates a steady demand for qualified accountants.
Diverse Opportunities: Accounting skills are applicable across industries like finance, government, non-profits, healthcare, and more.
Clear Career Path: There are well-defined career milestones in accounting, such
julian infante
sales
8
Answers
Santiago, Santiago Metropolitan Region, Chile
Updated
julian’s Answer
As all thing if you like and live for it, woould be a safe one, on the other hand if you only do cause you can do it, the answer is not, for accounting or else