Accounting Employment – Consider the Opportunities
If you are a recent college graduate who is in the market for a job or a high school student struggling to decide which of the endless number of professions you should choose to pursue in college, you should know about the opportunities accounting employment provides. Though not often considered as one of the more exciting occupations, a career in accounting can provide a lifetime of challenges while still enabling you to earn a wide range of incomes. Accounting remains one of the fastest growing industries in the marketplace and has continued to experience growth even in the midst of what many still consider to be a stagnant economy.
Why They It Is Important
Perhaps the best way to understand why accounting employment remains so strong is to first look at exactly why accountants are so necessary. Though there has always been a need for people who can crunch corporate numbers and sift through the vagaries of the tax code and various financial regulations, the financial sector disaster of the last few years has placed an even greater burden on companies of all sizes to better manage their books. Even the slightest error can result in financial loss and the burden of greater government scrutiny. Is it any wonder that accounting is such a popular profession in these troubled times?
The Global Standards
To make matters even more complex, accounting employment is now focusing even more heavily than ever before on new global standards that are arising in the wake of the turbulence in global markets and other areas of high finance. Simply knowing your local regulations – something most entrepreneurs are capable of accomplishing on their own – is no longer enough. To truly achieve the proper levels of reporting and data management that these new regulations require, you need to hire or be an accountant trained in all of the most current vagaries of the system.
A Better Outlook
For the last several years, hiring has been down across almost all sectors of the global economy. While it is true that hiring has been down somewhat in the area of accounting employment as well, the fact is that most economists acknowledge that accounting has been an industry that has weathered the recession better than most. As the economy begins its inevitable return to normalcy, there will continue to be pent-up demand for new accountants to help guide firms through the maze of regulations that federal and international regulators are even now creating to enact more control over private industry finances.
Ensure Your Future
The bottom line is that, with the exception of health careers like Medical billing and coding, there are few job opportunities with better prospects than that of accounting employment. Just as the world will always need doctors and nurses, so too will it always need intelligent, detail-oriented people who can manage large number sets and make sense of sometimes incomprehensible regulatory language. As a result, pursuing a career in the accounting field is one of the best ways to ensure that your future is secure.