When choosing an enduring career in high demand, accounting and bookkeeping are two great options to consider. Here are ten arguments why you should think about pursuing a career in accounting or bookkeeping:

Positive Job Outlook

The job outlook is positive. For example, the United States Bureau of Labor Statistics projects that the demand for accounting and bookkeeping professions togrow faster than the average for all occupations. This type of demand means that there will be plenty of opportunities available in the years to come.

Unlimited Opportunities

You can find an accounting or bookkeeping job in just about any industry. Opportunities are available with small businesses, large corporations, non-profit organizations, and even financial institutions like banks. You can also work for a public accounting firm that serves various clients at once.

Flexible Schedule

Many accountants and bookkeepers have flexible schedules. For example, you may have the option to work from home or choose the hours you want to work each day. This flexibility can be beneficial if you have children or other obligations which your schedule needs to accommodate.

High Salary

An average accountant salary is $68,000 per year, while the the average salary for a bookkeeper is $40,000 per year.

Variety of Tasks

You won’t get bored in this field because you will be responsible for a wide range of tasks on any given day. For example, you might perform audits one day and handle payroll the next. Or you could work with financial statements in the morning and prepare tax returns for your clients in the afternoon.

Room for Advancement

There are many advancement opportunities in this field. For example, you could become a manager, partner, or even CEO of a company. Or you could open your accounting or bookkeeping firm.

Job Security

The job security is high for accountants and bookkeepers. Businesses will always need someone to handle their finances, regardless of the economic climate.

Opportunity to Travel

When working as an accountant or bookkeeper, you may travel for business. For example, you might need to visit a client at their office or go on an overnight trip for a conference. This perk of the job can be rewarding and exciting if you enjoy traveling.

Challenging Work

The work can be challenging, but it is also enriching. You will constantly be learning new things and solving problems. Accounting and bookkeeping are excellent career paths for those who enjoy a challenge and always want to learn more.

Room for Creativity

There is room for creativity in this field as well. You can develop your ideas for improving the accounting or bookkeeping process. Applying your approaches can help you stand out from the competition and make a name for yourself in the industry.

If you want a career path with high demand, accounting and bookkeeping are two great options to consider. However, these ten reasons only scratch the surface!

When you’re ready to explore training options for your career in the accounting and bookkeeping field, please get in touch with MBS-Careers today.

Our career counselors will be happy to discuss the different training options available to you and explore the possibilities for your future.

As the unemployment rate slowly decreases, more and more people are looking for jobs. Many of these workers will find a growing demand for new bookkeepers and accountants. Following either of these career paths could be rewarding both financially and personally.

Favorable Personality Traits Helpful For Success In The Field

Certain personality traits can help you succeed as a bookkeeper or an accountant. These include:

1. Attention to detail – Bookkeepers, and accountants must be precise in their work to ensure accuracy. For example, every transaction should get recorded in the correct journal or ledger. And, the balances from these ledgers should always match these entries.
2. Multi-tasking skills – Often, accounting and bookkeeping professionals must work on several projects simultaneously. For example, a bookkeeper might have a billing client and another that needs its taxes calculated.
3. Analytical thinking – It’s vital for both bookkeepers and accountants to always look for ways to examine financial data and identify patterns.
4. Comfortable with math – Bookkeeping and accounting requires a basic understanding of math concepts, including addition, subtraction, and working with decimals and fractions.
5. Problem-solving skills – Problem-solving skills come in handy when resolving errors or discrepancies. Bookkeepers and accountants must think critically and find solutions.
6. Organizational skills – If you’re a bookkeeper or accountant, you will need to keep all of your records in an orderly fashion to prevent errors. In addition, you’ll need to be good at managing files and keeping important information readily available.
7. Ability to work under pressure – It’s rare for these professionals to have long periods off between projects, so staying productive and focused amid pressure is essential.

Where Can Bookkeepers Or Accountants Get Hired?

Bookkeepers and accountants find employment in a variety of places, including:

• Accounting firms – Accountants can seek work with an established firm with several clients they need help keeping track of or specializing in specific areas like taxes or auditing.
• Small businesses – A growing number of small businesses are hiring bookkeepers to help keep track of their finances and manage their day-to-day operations.
• Nonprofit organizations – These organizations need people who can keep track of donations, expenses, and grants.
• Government agencies – Government entities at all levels, from municipal to federal, often have accounting and bookkeeping positions.

The bottom line is that if you’re detail-oriented, have good math skills, and enjoy solving problems, a career as an accountant or bookkeeper could be an excellent fit for you. With high demand and the ability to work independently, it’s a position that offers many benefits.

The Process Of Becoming A Bookkeeper Or An Accountant

Different paths can get taken to become a bookkeeper or an accountant. Those interested in a career path in either of these fields can jump-start their career by taking courses and gaining certification from MBS Careers. Once you have the appropriate training, you can start your own business or seek employment at one of the many places where bookkeepers and accountants are needed.

With recent disruptions to people’s regular routines, many had a chance to slow down and rethink what their future looked like, especially for people who were already weighing a career move. The workforce has taken a different turn in the past decade, and it’s vital to be proactive to find opportunities that fit you best.

If you want to stake new ground in your career, forging a path as a professional bookkeeper or accountant offers great promise.

How Are Bookkeepers And Accountants Different?

While the terms’ bookkeeping and accounting sound quite similar, there are differences in these professional titles. Becoming an accountant or CPA in New York requires quite a bit more education than simply becoming a bookkeeper or bookkeeping clerk. Accountants typically must take specific courses in college, including advanced math and business classes, before they can take the CPA exam.

On the other hand, becoming a bookkeeper or bookkeeping clerk does not require college-level classes; only vocational school training is necessary. But, bookkeepers can continually advance their education, later on, to become an accountant or CPA if they wish.

Computer And Software Skills

During vocational training, bookkeeping students get taught the basics of keeping books, including what each type of transaction means. In addition, they learn essential computer and skills using Quickbooks, MS Office, Excel, and other software to keep books accurately.

Other skills and personality traits that are helpful in this profession include paying attention to details, persistence, an eye for catching errors, and working quickly and accurately.

The Profession’s Growing Importance

According to recent findings, careers in bookkeeping and accounting rank among the top 100 professions in the United States. That means that job prospects for bookkeepers and accountants continue to be positive, even during a recession or economic downturn. Therefore, companies and individuals need to do their books regardless of economic conditions or other outside factors!

Opportunities And Salaries For Bookkeepers In New York

The demand for accounting and bookkeeping services is exceptionally high in New York City (NYC) because it’s the most highly populated metropolitan area in the US. We all know that NYC is constantly growing and changing, so the forecast bodes well for expanding opportunities and demands for qualified bookkeepers.

The average salary for a bookkeeper or accountant in the NYC area is $49,000-65,000 per year. However, that can vary depending on the level of experience and job responsibility. For example, higher-level employees could expect to earn $60-$80K.

The job outlook for those in the bookkeeping and accounting profession is among the best. As organizations grow and involve more stakeholders, they require computer-savvy specialists to ensure the books stay accurate and up-to-date.

Demand For Remote Workers Offers More Career Options

Additionally, the demand for bookkeepers who can work remotely, with flexible hours, is rapidly growing. For people who want a reliable career with high demand, pursuing a career as a bookkeeper is a logical decision.

MBS Career Institute provides the training and classes you need to launch a promising career, whether working locally in New York or working with clients remotely.