Accounting isn’t just a job. The field of accounting has many areas of expertise and focus and is widely varied. The field of accounting is always changing, and with recent events, this is even more true. While many people are not able to work currently due to the novel coronavirus, most accounting departments have not been as seriously affected. This is largely because most accounting responsibilities can be done remotely. TGG U is hoping to help anyone looking to go into accounting by offering courses to get them started. Here are 5 reasons Accounting is a fantastic career choice.
Every business needs an accounting department
No matter how large or how small a company is, accounting will always be needed. For you, this means you will always have a job. AI (artificial intelligence) will be capable of replacing the entry level accounting jobs in the near future, but that will not eliminate the need for higher level accountants. AI will be doing the data entry type jobs that no one really wants to do, so this is a great thing! That leaves more time for accountants to interpret that data and make the company even stronger.
You get to make order out of chaos
Accounting can get messy, and it takes someone who is very organized to be able to put everything together. Why would you want to do that? It is like solving a puzzle, you get to put all the small pieces together to show someone the big picture and make sense of it. Accountants get to be story tellers. They get to draw a picture of how the company is doing. Joe, one of our accountants here at TGG, said “There is something really beautiful about being able to take something that is big and complicated and messy, like a business, and turn it into a report that tells you the story of what’s happening”.
Most accounting can be done remotely
This does depend on the company you work for, but there are plenty of companies that have remote accounting departments. TGG does have a few completely remote employees, but all others have the option to work remotely if needed.
You will have a better understanding of your own finances
Once you are in accounting, you will probably look at your finances much differently. While accounting does not tell you how to invest in stocks (this is finance, not accounting – and yes, they are very different), it will tell you how to be more efficient with your finances. Between building budgets and cash flow forecasts at work, you will be able to master your personal finances with ease!
You can always learn more and continue to grow
If someone says they know everything about accounting, they are lying. The accounting field is constantly changing laws and guidelines, so no one can know everything. Generally, the more you know, the more money you make.