If you have ever thought about becoming an accountant, then this article is for you. You'll learn everything you ever wanted to know about becoming an accountant, where accountant work, how much they get paid, what kind of additional in-service training they need, how you can become an accountant, some of the dangers involved in the job, when you can expect to retire and how you can make difference in the lives of other people you serve.
It is fun some day and some day less fun depending on what are informing your clients (bad news or good news)
Accountants keep track of payments, financial positions, and transfers of capital or income for individual or institutional clients
Spend a considerable amount of time reviewing other people’s work and, in particular, delivering bad news.
Personal income tax accountants, mostly employed at small firms (80 percent of all income tax firms employ five or fewer people) or self-employed
You require at least a bachelor’s degree in accounting, finance, or a related discipline.
The average accountant salary in Canada is $58,988 per year
Spent either on the phone, traveling to different locations, or meeting with executives, clients, representatives, and other divisional auditors. Tax accountants face a somewhat different lifestyle from auditors and general accountants.
Accountants must be comfortable with numbers, but must also spend a considerable amount of time reviewing other people’s work and, in particular, delivering bad news. As a “financial physician” (a term that cropped up more than once in our surveys), you’ll be the bearer of unpleasantness more often than blessings, and can expect to be greeted, at times, in a less-than-friendly fashion.
No, it is unlikely for Artificial Intelligence to replace accountants. It may reduce the need for accountants to do process-driven or repetitive bookkeeping tasks, but not higher-value accounting tasks
The Retirement age is likely to come down to 55 or even 50, with provision to provide extension on contract basis for those who are indispensable to the company
I'm still at the beginning of my career, but I feel like it's going to a great job in the future I hope that I could open my own agency of accounting in 7 years
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