Accounting has remained a popular career option because the skills and need for accountants is always in demand.
According to the Bureau of Labor Statistics, there were 1.3 million accounting jobs in the United States in 2016 with an expectation to grow to 1.5 million by 2026.
Being an accountant comes with great job security with an increasing number of employment opportunities. Accountants make an average of $69,000 a year, which is far more significant than the national average. Of course, a big part of higher salaries is driven by senior positions, but the trajectories of accounting careers can put you well on your way to earning that solid average salary and well beyond.
There are some steps you can to ensure your path in the accounting industry is prosperous, challenging, and enjoyable. Here are some tips to advance your accounting career.
Earning the CPA credential is widely recognized across the industry and instantly gains credibility. The reason being is because it’s a tough process to become a CPA. If you earn certification, you earn more prestige & respect, better trajectory, and increased salary.
Finding a mentor who’s certified and has years of experience in the field is a great way to get ahead. Your mentor will have faced all of the challenges you have yet to take on and can provide valuable insight on the industry itself.
As long as you do your part, you can build a relationship that’s sustainable and helps your career in a unique way. Eventually, you could pay it forward and become a mentor yourself.
Just like any industry, accounting software will continue to expand. There will be one new standard after another. Becoming familiar with these changes on an expert level will either make you indispensable or allow you to become an incredibly valuable candidate for a higher position.
While knowing the ins and outs of accounting on an expert level is essential, you should always work on your ability to lead, connect with your team, and efficiently finish projects. This will seal the deal on continually working your way up in the field.
Following all these steps will play a crucial part in building your career. There won’t be any doubt that you put your mind to it, you’ll be a successful accountant.