Why are you interested in a career in accounting and finance?
Express your interest in numbers
There are many reasons why someone might choose to pursue a career in Accounting or finance . For example, they may enjoy working with numbers and analyzing data, have an interest in business and economics, or be attracted to the potential for high salaries and job security.
Stable career
Since companies rely on accountants to compile financial records, pay bills and send invoices, this field has remained stable over the years. You can likely enjoy job security throughout your career path, from starting as a clerk to moving into management roles.
1. The skills you'll learn. You'll learn loads of new transferrable and subject-specific skills on a degree in accounting or finance. Some of the transferrable skills you'll learn include communication, critical thinking, data analysis, decision making and problem solving.
“I chose accounting as a career because it allows me to combine my passion for helping people with my analytical skills. I believe that by providing accurate financial information and insights, I can contribute to a team making informed decisions, ultimately aiding them in achieving our goals.
I enjoy working with numbers, hence, anything to do with numbers such as accounting and book keeping, have been my favourite subjects. The other key influence has been practical work experience in a related field.
You get to spend your time helping people
It could be the perfect career. Accountants help their clients all day long, especially ones who work for an accountancy practice. We think helping people solve their problems and achieve their business goals is a pretty rewarding way to spend your time.
- Collaborate across departments. Unlike accounting practices, which you learn in college, problem solving involves creativity that you often must learn on your own. ...
- Cultivate teamwork and delegate effectively. ...
- Maximize insight from data.
The opportunity to help people.
Accounting is an area where many people need help. Finances and taxes can be intimidating and confusing for many clients. You can do this work for someone and relieve the stress over it, all while providing a better understanding.
Accountants make up the backbone of every business and make a great career choice in terms of security and pay. They are vital to any organization, from making sure the money is coming in to keeping the doors open and lights on. No matter what the future holds, you will always be to find a career in accounting.
What is interesting about accounting?
It's One of the Oldest Professions
Accounting is one of the oldest professions in the world, with the earliest accounting records appearing in ancient Mesopotamia more than 7,000 years ago. The Mesopotamians used primitive accounting methods to track transactions involving crops and livestock.
Accountant positions are in-demand jobs that offer a number of benefits to those who pursue this career path. A few of the many advantages of being an accountant include the opportunity to work in different industries, job security and the ability to branch out and open your own accounting firm or business.
Try to honestly assess your attitude toward pressure and heavy workloads. If you don't stress easily or don't mind being a little high-strung, working as an accountant might suit you. If you know you're easily frazzled, it's possible that an accounting career won't be the best fit.
The best part of being an accountant is the opportunities that your work experience will provide. You will learn "the language of business" and be able to use your accounting experience and knowledge in many different ways.
Why Are Accountants Satisfied? Despite the hard work and long hours accountants put in to build their careers, many have positive things to say about their experiences. Nearly all (94%) said they are satisfied with the company they work for, and 93% said they are satisfied with the current state of accounting.
Accountants play a vital role for many companies, recording their business operations and evaluating their financial situations. Working as an accountant can be a very rewarding career path, but it also has specific challenges and limitations to consider.
"I am excited about this job because it allows me to be part of a company culture that values teamwork, collaboration, and open communication. During my research about [company name], I was impressed by the positive work environment and the emphasis on fostering creativity and diversity of thought.
I decided to major in accounting because of my logical thinking: I am going to college because I want to have a job, companies will always need people to handle their finances and will pay good money for someone to do so, so I am pursuing a major in a field that is in high demand and will most likely be in high demand ...
An accounting degree lays the foundation for many careers in business, including entrepreneurial ones. Once you gain experience and establish business contacts, you may consider starting your own business. Whether in tax accounting or consulting, you can pursue several avenues with an accounting background.
The lucrative salary is based on demand and makes accounting one of the best business jobs. "Few fields are as fertile as the domain of accounting," said Robert Valli, former dean of the LIU Post College of Management in Old Westbury, N.Y., who added that accounting is, in his opinion, recession-proof.
How to write a personal statement for accounting and finance?
- Past experience. It's important to demonstrate how you used prior academic or professional experiences to establish detailed knowledge of the accounting industry. ...
- Accurate sentences. ...
- Extracurricular interests. ...
- Contextual awareness.
- Introduce yourself.
- Express your interest in numbers.
- Emphasise your attention to detail.
- Discuss your ability to problem-solve.
- Talk about stability and career growth.
- Mention your goals and career plans.
- Express enthusiasm for the industry.
Finance: The Basics. The difference between finance and accounting is that accounting focuses on the day-to-day flow of money in and out of a company or institution, whereas finance is a broader term for the management of assets and liabilities and the planning of future growth.
Accounting allows you to develop skills such as leadership and strategic-thinking, valuable skills when it comes to working in the world of business and finance. They allow you to guide organisations with their financial decision-making and can also influence business growth.
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