- An exciting work environment. Your colleagues will – most of the time – be clever, motivated, and share your passion for accounting.
- No career ceilings. A variety of career paths are available to accountants. These range from public accounting, to government and non-profit careers, to corporate accounting and academia. There are also many specialties such as tax, healthcare and environmental accounting.
- Travel the world. Accountants are in demand everywhere meaning it’s relatively easy to get a work visa for, or even citizenship of, a foreign country. If you work for one of the globe-spanning accountancy behemoths, you’ve got a good chance of being able to arrange a tour of duty somewhere like New York or London.
- Autonomy. If you tire of working for The Man and want to be your own boss, you can join the heaving ranks of those accountants who’ve started their own firms.
- Work in your tracksuit pants. Even if it’s something the big end of town has been slow to embrace, accountancy is a job that lends itself to telecommuting. Many self-employed accountants work from home offices and make themselves comfortable while doing so.
- A healthy income. While salaries vary depending on the field and employer, Australian accountancy grads can expect to start on a salary of around $50,000. There’s the very real opportunity to double or triple that within 10 years. Should you continue to climb the greasy pole, it’s possible you could end up earning hundreds of thousands, possibly millions of dollars a year.
- On-the-job learning. The accounting industry champions continuing education, which will help you keep your skills updated.
- A free business education. Accountants get an inside view of how businesses operate and the mistakes business owners commonly make. This can come in handy as you move into the ranks of management. Or if you decide to hang out your own shingle.
- Plentiful opportunities for career advancement. The bulk of the baby boomers—many of whom are in top management positions—are expected to retire in the next decade. This means Gen Y accountants should have many more opportunities for rapid advancement than their long-suffering Gen X counterparts did.
Source link: https://gradaustralia.com.au/accounting/the-pros-and-cons-of-a-career-in-accountancy
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