Thursday, February 20, 2020

Five Careers in Accounting

There is absolutely no doubt that accounting qualifies for one of the most suitable business courses, particularly for students who wish to have a professional background in business studies and administration. Accounting empowers students with essential skills such as the organization of financial records and bookkeeping, which help the students to secure jobs easily in various industries. Accounting is, therefore, the most ideal course for learners with a keen eye for detail, a raging interest for business, and the brains for numbers and statistics.


Accounting as a course is also highly specialized, which allows students to study a range of topics that are applicable not only in finance, but also in a range of other professions. As an accounting student, you will be introduced to foundational accounting basics at the entry level. These include topics such as accounting theories, accounting systems, and introduction to business. This foundational knowledge is then used to inform a student’s next course of action in regards to specializing in a particular area, and advancing in a certain profession.


Accounting is a suitable course for a substantial number of students due to the availability of accounting assignment help, which has helped numerous students to successfully complete their courses. It is important, however, for students to outline their professional interests upon their intakes in institutions of higher learning. Understanding your professional interests guides you in selecting focus of your course. For example, if your professional interests lie in law, specializing in business law will give you an added advantage in the job market upon completion of your course.


A common, and considerably understandable, concern for most students pursuing a course in accounting arises from the numerous job options that are available upon graduation. A substantial number of the students get overwhelmed by the available options, often choosing to settle for the most common alternative. Below is a list of rare career options for accounting students:



  • Auditor – the roles of an auditor revolves around reviewing the financial records of organizations with the aim of ensuring that the organization complies with legal standards and regulations of the business. Auditors are responsible for gathering, analyzing and reporting relevant financial and business information to the relevant authorities, in accordance with the legal provisions within which an organization operates.



  • Actuary – an actuary is an expert who solely specializes in identifying the financial implications of risk on an organization. Business entities face a range of risks that bear potential adverse effects on business continuity and survival. Actuaries provide organizations with pertinent information on the best approaches to take in order to prevent events that threaten the survival and continuity of business.



  • Investment analyst – also known as a financial analyst, equity analyst or a securities analyst, an investment analyst is responsible for evaluating different investment options and advising investors on the best investment option. An investment analyst, therefore, conducts comprehensive research on the most viable investment options on behalf of his/her clients.



  • Tax advisor – highly knowledgeable about tax laws and tax accounting, tax advisors provide essential consultation regarding tax obligations and compliance for organizations.



  • Retail banker – the roles of a retail banker are more people-oriented, as they work in customer-care service. Retail bankers are responsible for advising and assisting their clients with tasks such as opening savings accounts, authorization of loans, and transfer of funds. This role may also entail hiring and vetting, banking staff.

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