Where can accounting take you?

Accounting has been a popular career choice for a long time now, and it’s often viewed as a stable career, that offers many career progression opportunities. Many accountants and aspiring accountants commit to years of continuous professional development to become a chartered accountant, and as such, accounting makes for a strong career choice for those interested in following a linear path towards challenging and well-paid career opportunities.  

In this article we aim to show you where a career in accounting can take you, why you should consider going into accounting, and how to get started. We will also explore some of the different career opportunities in accounting, and how to progress your career in accounting if you already work in this sector.  

Discover what a day in the life of an Accountant involves. 

Why go into accounting and where to start? 

As discussed, accounting is seen as a reliable career choice with excellent career progression. The path towards success is structured, with accounting courses being a key driver for career progression. With hard work and dedication, climbing the corporate ladder is straightforward compared to other career paths that follow a less structured approach. 

Skilled accounting professionals are consistently sought-after in the industry, now more than ever. Many organisations are continuing to find ways to improve their efficiency since the global Coronavirus pandemic. There is a high demand for skilled accountants across a wide range of companies in different sectors, making this a stable career choice. 

If you are interested in pursuing a career in accounting, you may wonder how to get into accounting. There are several ways to get into accounting, and not all paths require a degree or previous knowledge of bookkeeping or finance. However, do your research to make sure you choose the best accounting courses to give you the best chance of gaining an entry-level job role. After that, you can then continue your accounting studies and, if desired, climb the corporate ladder into managerial positions. 

AAT qualifications are some of the most popular training courses for those looking to build their career as an accountant. Here are 5 reasons why you should take an AAT course. We also offer other accounting courses that can help take you to the next level of your career.                              

What are the career opportunities in accounting? 

Contrary to popular belief, people who study accounting courses go on to fulfil a wide range of roles, and not everyone will work purely as an accountant after securing accountancy qualifications. There are many different roles in which accounting courses can be highly beneficial.  

These include the following roles:  

Chartered Accountant - Once you complete the necessary qualifications to attain chartered status, you can officially claim the title of Chartered Accountant. Your route to this level includes undertaking CIMA qualifications, such as the CIMA Certificate in Business Accounting, CIMA Professional Qualification Operational Level, CIMA Professional Qualification Management Level, and CIMA Professional Qualification Strategic Level. As a Chartered Accountant, you may work within an accountancy firm, as a freelancer or as an in-house accountant. There is a demand for Chartered Accountants across all industries. 

Auditor - Auditors have an important role to play in checking a company’s accounts to check that finances are managed correctly. Auditors can also perform an advisory function to ensure that companies know how their financial record will be audited. 

Forensic Accountant - Forensic Accountants are essential for investigating a range of financial irregularities that might point to crimes such as fraudulent activity. Forensic Accountants typically use their skills to investigate alleged wrongdoings and present their findings. 

Stockbroker - After developing your accounting skills, you might find that your abilities mean you are suited to a career as a Stockbroker. Stockbrokers make their money from handling investments, either for individual clients or as part of a company. Although a career as a Stockbroker can be risky, this can be a highly lucrative career. 

Economist - Economists can find work within a range of organisations. As an Economist a lot of your career will consist of capturing data and researching matters that affect the economy. You will typically present your findings in reports and presentations. 

Actuary - Actuary positions are highly competitive, and this role is generally very well-remunerated. Actuaries are employed to evaluate financial risks for a wide range of companies as part of their strategic plans. 

Financial Adviser - Financial Advisers advise clients about the best ways of handling their money. As a Financial Adviser, you will likely have a portfolio of clients who come to you for advice on different services and financial products. 

Are you looking for more information on becoming an Accountant? We have identified 5 simple steps to become an Accountant.  

Summary 

In conclusion, accounting is a valued and stable profession, and there is a wide range of opportunities that skilled accountants can take advantage of. 

From forensic accounting to financial advice, skills in accounting can take you to a wide range of exciting career paths. 

To get started on your accounting journey, view our full range of finance and accounting courses. Alternatively, call us on +44 (0) 20 3198 7700 to speak to one of our Career Consultants today, to discuss your career goals or get started.