If you have ever thought of becoming an accountant or you want to be an accountant this article is for you.
Accounting contains several aspects including financial accounting, management accounting and financial management. In summary, the management accounting It is a type of accounting that will be used for decision-making within the company. Then, we have the financial accounting is basically preparing the financial statement. Finally, the financial management is doing the cost of capital and its structure, risk, and financing.
An accountant will do the recording of accounting transactions, the preparation of invoices, processing of banking transactions and establishment of annual accounts.
An accounting technician in a typical day you will record the transactions of the company.
Most of the time an accountant will work at the office but some of the accountant can work directly with clients in their field of work so it can be in a hotel or in a sport facility.
First step, obtain a recognized university degree. Secondly register with the order as a candidate. Thirdly, complete the CPA Professional Education Program. The fourth step is to complete a period of practical experience and finally to pass the Common Final Examination.
On average a CPA is paid $142 000 and it can go at $400 000, it depends on your field of work, your seniority and your skills.
The dangers are the boredom of the work sometime.
There's no chance because the computer can calculate but can't reflect and take complex decision yet. Decision-making is done by executives and will never be made by robots
The retirement age of accountants is 62 years old.
As you can see, being an accountant requires some degrees and training and lot more and of course a very good analytical mind.