Choosing Accountancy as a Career

You’ve ruled out everything else and now you know you want to work in the field of Accounting. You still have a few more questions to ask yourself before you take the plunge.

One of the questions you’ll need to answer about your accounting career is whether you want to work for yourself or for a company or corporation. Self-employment has a certain amount of restriction attached to it because there are only so many accounting jobs you can do for clients. For instance, you can do tax work, and if you’re good and keep up your certifications (CPA or EA) you can make a real decent living working for yourself.

You will likely work 16 hours a day 7 days a week in the early years while you are building up your business, but there will come a point where you will most likely have a loyal following of customers and realize the rewards of a steady customer base.

Another self-employment accounting career you might choose is that of financial planner. This can be extremely lucrative once you get it off the ground, but it may take a little longer than reaping the rewards from being a tax accountant. This is because as important as financial planning is, taxes are a lot harder to avoid.

There are always going to be jobs for corporate accountants, managing accountants, or financial analysts. You’ll know more about which direction you want to go after you finish school and get your feet wet. You may also want to get your Master’s Degree if you’re planning on climbing up the corporate ladder.

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