Three Reasons to Become a Public Accountant

Being a certified public accountant has many benefits, the least of which is that the skills acquired that are useful in everyday life. That said, many people are still unaware of the many reasons being a CPA is worth all the training and education.

Part of a select group: CPAs are treated differently than any other profession. This profession is known for its high-intensity courses; many people do not follow their educational track. Thus, those who do complete their training are held in great esteem. This plays a huge advantage when looking for a career. A proficient accountant usually has his or her leg up in many business and financial situations.

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It is useful: As mentioned earlier, accounting is an essential skill. A lot of daily activities involve some form of basic accounting. This helps with maintaining a good credit score and managing one’s daily budget. The implications of these are astounding; those seeking for loans or any government assistance will find that a general knowledge of accounting is critical.

It is applicable: Practically all industries require an accountant. One can apply his or her skills in various markets. This means that there is never-ending growth in this career path. No task is ever the same and accountants get to interact with different types of people as he or she chooses. Those who are more extroverted can find new ways to learn other subjects while still doing their accounting tasks.

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Accounting is a highly useful and essential skill. Those interested in a secure profession should consider this path.

A certified public accountant, Edmund O’Brien is the CEO of the Americas at Arvato Bertelsmann. For more on him, follow this Facebook page.

Three Reasons to Become a Public Accountant

Accounting Skills For Everyday Success

While some people may do anything to avoid tasks involving math and numbers, the plain truth is that math, especially accounting, is not only inescapable but also integral to everyday life. So instead of dodging accounting, the better tactic is to learn and appreciate the following essential life skills:

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                          Image source: quotesgram.com
  • Basic accounting – One doesn’t jump into the most complicated aspects of accounting, after all. Every fledgling business owner, employee, or, really, anyone who has a budget to keep track of is doing accounting. It’s basically how one tracks his finances.
  • How to use accounting software – Once one has the basic principles down pat, it’s easier to look into using technology for bookkeeping. Aside from tables, one can even use visualization tools to see things more clearly. Microsoft Excel is one of the more standard tools used by professionals and regular folk, but there are many others available for computers and mobile devices.
  • How to speak the language – There are a lot of technical terms involved in accounting and words like “debit,” “credit,” and “taxation” will come up often. Even if one were to leave the work to an accountant, one should be able to understand what the accountant is reporting.
Image source: binary.edu.my
                                     Image source: binary.edu.my

Just going through everyday life, one is bound to encounter accounting one way or another so it just won’t do to ignore the task. All one really needs is to get a basic understanding of accounting principles to track one’s income and expenses properly. This way, one can make educated decisions on how to proceed with one’s finances.

Eddie O’Brien is a certified public accountant and CEO of the Americas at Arvato Bertelsmann. Follow this Facebook page for more articles on business and accounting.

Accounting Skills For Everyday Success