Accounting


Introduction

If you have ever thought about becoming an accountant, ten this article is for you. You will learn everything you ever wanted to know about becoming an accountant, where accountants work, how much they get paid, what kind of 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 a difference in the life of the people you serve.


What is it like to be an accountant?

It is an important job that requires a lot of patience and concentration.


What do accountants do?

Accountants usually keep track of payments, financial positions like the assets and liabilities of a business, and all financial transactions for individual or institutional clients.


What do accountants do on a typical day?

Accountants keep track of their clients' finances and take care of the paperwork.


Where do accountants work?

They work in big or small firms, or in a home office if they are self-employed.


How can I become an accountant?

First you need to get a high school and cegep diploma, then you have to get a bachelor in accounting or bachelor of business administration, concentration in professional accounting in university, and then you must become a CPA (Comptables Professionnels Agrées) and pass the CFA (Common Final Examination).


How much money do accountants make?

Accountants usually make $60 163 per year. Of course, the starting salary is lower, and it varies across regions.


What kinds of additional training do accountants need?

Accountants need to complete the CPA Professional Education Program. After that, they will need practical experience, and they will need to pass their Common Final Examination to get their permit.


What are the dangers of being an accountant?

A data breach about their clients' information could lead to serious problems and ruin the firm's reputation and damage claims.


What are the chances that accountants will be replaced by robots soon?

There is a 95% chance that accountants will lose their jobs and be replaced by robots in the future. Robots will improve data entry accuracy and lower the liability risks for accountants


What age do accountants retire at?

An accountant retires at 62, some of them retire much later if they own a firm.


Conclusion

As you can see, being an accountant requires some training and a lot of patience.


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Sources and RADARS ratings

Source: https://www.princetonreview.com/careers/1/accountant-auditor

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Source: https://resources.workable.com/accountant-job-description#

Rationale: to sell products and services (digital marketing)

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Source: https://cpaquebec.ca/en/students-and-future-cpas/how-to-become-a-cpa/key-steps-to-becoming-a-cpa/

Rationale: to inform or educate

Authority: government

Date: still relevant

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