Times change. Technology continues to advance. Businesses have moved to data analytics to make important decisions on everything from marketing to capital investments.
Through it all, one career continues to flourish: accounting.
More than 1.3 million people work in the accounting field, according to the U.S. Bureau of Labor Statistics. That number is expected to grow 11 percent by 2024, with an additional 142,000 people joining the ranks of accountants.
Accountants made a median annual salary of $68,150 in May 2016, according to the BLS. The top 10 percent earned almost $121,000,
But the attraction of accounting goes beyond just stability, salary and job growth. Accounting also offers a variety of different career paths to follow. The wealth of career choices applies both to students learning to become accountants and working accountants looking to change their career focus.
Here is a look at four different career paths within the accounting field.
All of these areas require a bachelor’s degree, status as a Certified Public Accountant, expert-level knowledge of Generally Accepted Accounting Principles (GAAP) and, in most cases, a few years of experience. Other needed certifications are noted in each category.
Read Article: www.businessadministrationinformation.com/general-business/four-accounting-career-paths
It wasn’t long ago that cloud technology was emerging as a potential disruptor to the accounting profession. In the beginning, many didn’t foresee that cloud adoption would become so widespread, but now it’s becoming the standard and we’re looking at an even larger potential disruptor: artificial intelligence (AI) and machine learning.
Read Article: www.huffingtonpost.com/entry/six-finance-tips-i-wish-i-followed-in-my-twenties_us_597cd080e4b0c69ef705289d