Benefits of Becoming an Accountant

 Pursuing a career in accounting is an enriching career path for someone looking to grow as a professional and progress through the ranks. People working in accounting typically experience a long career in the field due to the development opportunities and job fulfilment of helping businesses.

Why Choose a Career in Accounting?

Professional development

The accounting field encourages professional development and gaining qualifications, often by providing additional training programs and certifications. Developing as a professional accountant provides opportunities for career progression, which means taking on more responsibility in a role and higher earning potential.

Earning potential 

Accountants typically earn a competitive salary with the potential for higher earnings following progression in a firm and years of experience.  A junior accountant typically earns between £20,000 to £27,500, depending on experience, and can earn up to £55,000 as a senior accountant. Other roles with larger responsibility such as Chief Financial Officer can earn up to £150,000.

Personal and professional fulfilment

Working closely with businesses and helping them with their finances can be a fulfilling role for accountants. Often companies turn to accountants for advice and support when experiencing financial issues; helping small businesses stay financially stable by providing knowledge and expertise.

Advancement opportunities

 Accountancy firms offer clear career progression in accounting, ranging from entry-level, to mid-level, to senior positions. This encourages individuals working in the profession to focus on their learning and development. Gaining qualifications and performing well in a role are both ways to gain recognition by employers and develop into a role with larger responsibility.

Working in accounting also provides opportunities to specialise in different areas of accounting, including tax accounting, forensic accounting, or auditing. Individuals who excel in a focus area of accounting or find it more fulfilling can progress and pursue a specialist role.

Job stability

Accounting is a stable career choice to pursue as it will always have a high demand amongst individuals and businesses. People will always require financial support and help to manage their accounts, which suggests that it is a long-term career path for a professional.