How to Become an Accountant
When choosing a degree program, aspiring accountants should first consider what they want to achieve in the future. While a bachelor’s degree in business administration can be sufficient to pursue an entry-level position, a graduate degree in accounting can provide the extra training an accountant needs. Many employers require CPA certification, which means that you should earn at least 150 hours of post-secondary education, with at least a certain amount of accounting and business law credits.
In addition to traditional roles such as financial accounting, accountants can also specialise in forensic accounting or risk assessment. They can also choose to become self-employed or join a partnership firm. Senior positions can include chief financial officer, head of finance, or director of accounting. To ensure that you’re always on top of the latest trends and issues in the profession, you can join professional bodies.
While accounting requires a good grasp of math and communication skills, this profession is also a good choice for those who have a knack for building relationships. In addition to excelling in mathematics, successful candidates in accounting programs are also usually organized, analytical, and structured. However, they should be aware of the deadlines and rules for their job.
While an associate’s degree in accounting can help you prepare for the CPA exam, a graduate degree in accounting aims to prepare students for managerial positions. Some graduate programs also have a specialization, such as taxation or auditing. If you are not sure if you want to become an accountant, an associate’s degree can be a good way to save up your money before you enroll in a bachelor’s degree program.
In order to become a certified public accountant, you will need to earn a bachelor’s degree in accounting. Accredited colleges offer online bachelor’s degree programs in accounting. Earning a post-bachelor’s degree can increase your job prospects and salary. It’s also important to pursue experience in a specific field related to accounting.
Having a good grasp of the legal requirements is also important. In order to practice as an accountant, you will need to know the types of services you’re allowed to perform, based on your education and certifications. For instance, only CPAs are allowed to file reports with the Securities and Exchange Commission (SEC), so you need to be knowledgeable in all the relevant laws and regulations.
While attending school, you should also take as many AP classes as possible related to math and economics. This will help you build your network and help you gain experience. Make sure to give it your all every day to complete your degree, as well as any extra coursework you’re taking. Many universities require an acceptable grade point average in order to offer advanced degrees.
While a university degree in accounting will help you become a chartered public accountant, obtaining experience in the field can help you land a better job. Many industries prefer to hire accountants with relevant work experience. Starting out as an entry-level employee will give you valuable experience that can be beneficial once you’ve earned your CPA.