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Where to get accounting information?

I really need help on how i can get any information on career value

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Subject: Career question for you


5 answers

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Shailesh’s Answer

I am from IT field however my Spouse is CA so I believe I can relate your question. It depends on how passionate you are about your carrier. The accounting field is fairly broad, and you can be an accountant during all of your carrier or become an entrepreneur. It all depends how you proceed your carrier.
But I am fairly confident that accounting is a field where most of the people will finally fall into their carrier.
Like as an IT professional once you do PMP (Project management) or people management you will eventually learn the accounting in terms of IT.

The carrier is in demand and always be since it's a backbone of any business.
If you would like to learn start from very basic where you can join any accounting firm as an intern. You can later go and build up gradually by doing certification like IFRS and later CPA which is highly recommended and recognized globally. These certifications will not cost you much and will you high ROI.
The accounting career path may need some years to build as you may need some experience and later you can plan to go to taxation, auditing, businesses, IT law and other carrier path. Being an accountant not only allow you to build your carrier as professional but also gave you option to be a CEO or CFO or build your startup or create a financial service firm. As said limitless options.

I suggest to checkout LinkedIn and international communities for Certificated public accountant (CPA) and Charted accountant (CA). Connect with these professionals will give you insights. I see CPA and CA are specific to countries as some recognize CA and some CPA. As CA(India) is hard to crack compared to CPA USA, you can plan for CPA as it takes 18 months around to crack the exam. (Check the prerequisite).
There are lots of banks, large IT firms and all fortune 500 companies recognize CPA and most of them need CPA as base to conduct interview for various roles.
You may also find some within current master's degree programs as well however it may cost you more if you are looking for initial carrier advise.
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Moataz’s Answer

A career in business is commonly preferred for several reasons, and its popularity can be attributed to a combination of practical, economic, and personal factors. Here are some key reasons why a career in business is often sought after:

Diverse Opportunities:

The business sector is vast and diverse, offering a wide range of career paths. Whether it's marketing, finance, management, entrepreneurship, or international business, there are numerous opportunities to specialize based on individual interests and skills.
Global Relevance:

Business skills are universally applicable, and businesses operate in virtually every industry and corner of the world. This global relevance provides individuals with the flexibility to work in various locations and industries.
Job Stability and Security:

Many business roles, particularly in established industries, offer a degree of job stability and security. Businesses need professionals to manage operations, finances, marketing, and other essential functions.
Economic Impact:

Business is a key driver of economic growth. Professionals in business contribute to the creation of products and services, generate employment, and stimulate economic development, making their roles integral to the health of economies.
Entrepreneurial Opportunities:

A business career offers the potential for entrepreneurship. Many individuals are drawn to the idea of starting and running their own businesses, bringing innovative ideas to market and potentially achieving financial independence.
Financial Rewards:

Business careers often come with the potential for competitive salaries and financial rewards, especially as individuals gain experience, develop expertise, and move into leadership roles.
Versatility of Skills:

Business professionals develop versatile skills such as problem-solving, communication, negotiation, and strategic thinking. These skills are transferable across industries and can contribute to personal and professional success.
Continuous Learning:

The business landscape is dynamic, and professionals often find themselves engaged in continuous learning. This can be intellectually stimulating and appealing to those who enjoy staying informed about industry trends and advancements.
Networking Opportunities:

Business professionals have ample opportunities to network with colleagues, clients, and industry leaders. Networking can open doors to new opportunities, collaborations, and partnerships.
Impact on Society:

Businesses play a significant role in shaping society. Professionals in business can contribute to positive social impact through corporate social responsibility initiatives, ethical business practices, and community engagement.
Innovation and Creativity:

Business environments often encourage innovation and creativity. Professionals have the chance to contribute to the development of new products, services, and solutions, fostering a dynamic and stimulating work environment.
Career Advancement:

Business careers typically offer clear paths for career advancement. Individuals can progress from entry-level positions to leadership roles, providing a sense of achievement and growth.
While a career in business is common, it's essential for individuals to choose a path that aligns with their interests, values, and aspirations. The diversity within the business sector means that there are opportunities for individuals with various skills and passions to find fulfilling and rewarding careers.
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Moataz’s Answer

If you're curious about diving into an accounting career and want to grasp its worth, there are numerous resources that can offer you a peek into the profession, its prerequisites, and the perks it might bring. Here are some friendly suggestions on how to gather information about accounting:

School Resources:

Pop into your school's career services or academic advising office. They're there to help with details about accounting programs, potential career trajectories, and opportunities for internships or co-op programs.

Accounting Associations:

Check out the online offerings from professional accounting associations like the American Institute of CPAs (AICPA), Chartered Professional Accountants (CPA) in Canada, or the Institute of Chartered Accountants in England and Wales (ICAEW).

Online Learning Platforms:

Sign up for online accounting courses on sites like Coursera, edX, or LinkedIn Learning. These courses can offer a wealth of knowledge about the field and its various branches.

Career Portals:

Take a tour of career websites such as Indeed, Glassdoor, or LinkedIn to browse job profiles, salary data, and reviews from folks who are already working in the accounting world.

Books and Magazines:

Dive into books and magazines about accounting careers. Look for ones that give you a broad view of the profession, career tips, or success stories from those who've made it in the field.

Industry Reports:

Delve into industry reports and studies about accounting. These might include data on job market trends, salary surveys, and the demand for accounting pros.

Networking Events:

Make time for networking events, career fairs, or information sessions hosted by accounting firms or professional groups. These can give you a chance to chat directly with professionals and gain firsthand insights.

Informational Interviews:

Don't hesitate to reach out to professionals in the accounting field and ask for informational interviews. It's a great way to learn about their career journeys, day-to-day tasks, and the satisfaction they get from their work.

Online Communities:

Become a member of online forums or communities where accounting professionals share their stories and insights. Sites like Reddit or specialized accounting forums can be treasure troves of information.

University Accounting Departments:

Get in touch with faculty members or advisors in your university's accounting department. They can guide you on academic programs, career choices, and potential specialization paths.

Company Websites:

Spend some time on the websites of accounting firms and companies. Many offer in-depth information about their services, company culture, and job openings.

Professional Gatherings:

Plan to attend professional conferences or events related to accounting. These often feature industry gurus, panel discussions, and networking opportunities.

By tapping into a mix of these resources, you can gather a well-rounded view of an accounting career, understand its worth, and make well-informed decisions about your academic and professional journey in the field.
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Kevin’s Answer

The accounting field has been a high demand career path for years now and can lend itself to work internally within businesses, auditing, and even law enforcement. Forensic accounting is pivotal in preparing cases for prosecuting offenders. Aside from professional benefit, it also is benefitting yourself with establishing a business acumen to assist you with your own life challenges for anything business related.

Kevin recommends the following next steps:

Checkout LinkedIn and Careerbuilder job sites to see demand/compensation for accounting professionals / internal auditors
Meet with professors to discuss
Reach out to local business professionals. You may also find some within current master's degree programs at school.
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Chaunea’s Answer

Hi Stacy,

By proactively reaching out to accounting firms and aiming to secure an internship, you can gain firsthand experience in the industry. This will not only help you understand the business better, but also allow you to confirm if this is the right career path for you. Additionally, use this opportunity to network and learn more about different firms, getting a clearer picture of what a career in this field truly involves.