Why should people want to become and accountant? Throughout this article I explain the importance and the benefits of being an accountant, and answer the question why people should want to become and accountant. Getting an accountant degree is very tough and being an accountant is more than studying for school and going to class, because accounting is more of an art than a skill. Accounting is an art because there is many different ways to get the same answer on the books, however schools only teach you one way to get an answer. The importance of learning how to complete a single task a certain way makes it much easier to learn other ways to complete the same task. For instance, after graduating with an accounting degree, a CPA might hire you, however they will teach a certain way to solve certain problems.
On the contrary, there are many benefits of being an accountant, however I will only get into a few of them. Some of the benefits include wealth, career choices, ability to make business decisions, and also the ability to calculate your own expenses according to your income. The average income for an accountant straight out of college with a BS in accounting is around 50 thousands dollars. Also, there are many advancement opportunities available with an accounting degree. The main advancement for an accountant is a CPA, this is a certified public accountant, however there is also a CMA, and this is a certified management accountant. A CMA is recognized worldwide, where a CPA is generally recognized in North America. Also, an accountant with a CPA makes on average 70 thousand dollars, so there is always a need to acquire a CPA because it includes a salary bump of 20 thousand dollars. Not only is there a need for accountants, but with a CPA it is possible for an accountant to open up their own firm and in return make more money.
Another benefit to being an accountant is the amount of career choices that come with the major, such as working with a firm, or starting your own firm. However, these are not the only possibilities with an accounting degree because you can also enter into the FBI. There are endless career choices with an accounting degree, because people will always need to have their taxes done. Also, accounting firms hire plenty of students out of college through internships. Working for a CPA firm creates different opportunities for college graduates because it helps build a portfolio, and in return the portfolio will be used to attract new customers. The main thing for an accountant to do with a CPA is to open up their own firm, however it is also the most difficult things to do because people have to trust you with their money.
Not only are the wealth and career choices great benefits to becoming an accountant, but also the ability to make business decisions is another great benefit to being an accountant. In order to be successful in life you have to make difficult decisions, however being an accountant makes these decisions easier because you have the knowledge and the ability to make calculated decisions. The ability to make calculated decisions comes in handy; because you can weigh the pros with the cons and decide weather the decision would be beneficial or harmful to the investment at hand.
Lastly, the ability to calculate expenses with revenue is another benefit of being an accountant, because there is many professions in the world that cannot help you maintain your money. The importance of being an accountant clearly out-weigh any other profession because not only is it the job of an accountant to watch money, but beware of what money is available. An accountant can see what money is coming in each month, and see what the expenses are for the average family, and with this information he can decide where to allocate the money in order to save it for the future. It is very important for an accountant to collect receipts, and save bank statements, so that they can physically see where the money is going, and how much money is physically available.
In conclusion, there are many benefits to being an accountant and the benefits clearly out-weigh not being an account. Every business major in college must take accounting classes just so they have some brief knowledge in the subject. However, being an accountant is much harder than taking a few classes, but the payout in the end comes in handy when becoming wealthy. Also, there are endless possibilities with an accounting degree. So, why should people want to become an accountant? As clearly stated above, there are endless opportunities that lie ahead of an accountant. Also, there is a lot of money to be made in the business, and also the knowledge of how to stay wealthy should make people want to become an accountant.