📊Is accounting a good career path? Here’s what two professionals have to say on the topic. Careers in accounting are as varied as the work itself, but the field continues to attract business school graduates. From robust salaries to extensive career growth, the advantages are abundant. For Gen Z, the appeal is clear: stable job prospects and skills in perpetual demand. We caught up with two Master in Accounting grads—one a CPA and the other an audit professional—to uncover their inspiring journeys into accounting. “Don’t discount accounting if you’re not familiar with it, you might really like it—it’s challenging and exciting, just be ready to learn and pay attention in your core [accounting master’s] courses so you have a solid framework to lean back on,” says Master in Accounting graduate Margaret Mary. Villanova School of Business 🔗Continue reading here: https://bit.ly/3RmU0Sj
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As we all meet and speak to students who are wondering about their majors and career path, don't forget to talk about the incredible opportunities afforded by and accounting degree. Pass it on. "An accounting degree can be the key to an excellent business, finance, and banking career, unlocking a world of opportunity for those who possess it. Students who finish their accounting degree can work as accountants, auditors, financial analysts, or bookkeepers. For this reason, accounting is one of the most widely sought degrees in many universities. According to college statistics published in the Journal of Accountancy, there were nearly 208,000 students enrolled in undergraduate accounting programs in the school year 2017-2018, setting the second-highest number on record for over a decade (Tysiac, 2019). Many of the oldest colleges in the US also offer accountant degree programs." #accounting #futureaccountants #accountingdegrees #accountingmajor #highereducation #accountingfirms #practicemanagement #recruitment #accountingrecruitment https://lnkd.in/gRcw2kDw
What Can You Do With an Accounting Degree: 2024 Costs & Job Opportunities | Research.com
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Benefits of Pursuing an Accounting Degree Chris Miller Are you considering pursuing an accounting degree? If so, you could be embarking on a journey that offers unparalleled career opportunities as well as the potential for success in numerous industries. Perhaps most importantly though, there are significant benefits to be gained from gaining knowledge and expertise within this rewarding field of study. In this […] https://ift.tt/JEvwL9t
Benefits of Pursuing an Accounting Degree Chris Miller Are you considering pursuing an accounting degree? If so, you could be embarking on a journey that offers unparalleled career opportunities as well as the potential for success in numerous industries. Perhaps most importantly though, there are significant benefits to be gained from gaining knowledge and expertise within this rewarding fie...
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In the wake of a significant drop in the number of accounting grads in the US, the demand for auditing professionals is on the rise. This trend is explored in this recent article, highlighting the changing landscape of the accounting industry. Check it out for insights into the evolving job market and opportunities for accounting and audit professionals. #Accounting #Audit #CareerTrends
US accounting degree graduates plunge 7.4%
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It's no secret: fewer students are choosing accounting as a career path. The data is clear. The drop in students studying accounting exceeds the decline in overall college enrollments. And when you look at the number of CPA candidates, the picture gets even more concerning. https://lnkd.in/gyhar2Xg But why? 1️⃣ Lower pay compared to other jobs 2️⃣ Challenges with work-life balance 3️⃣ Doing the same tasks over and over So, where do we go from here? My goal at Kwon CPA? Reclaim time. Improve efficiency. Redirect those saved hours towards crafting more value for clients, or perhaps, just relaxing with loved ones. Accounting doesn't have to be a grind. It doesn’t have to be repetitive, boring, and overwhelming. This vision isn’t just a dream. At Florink our mission to create a customized tool for small accounting firms to make this happen. Let’s innovate and work together on this. (and in case you are curious... I don't think 150 hours requirement for CPA exam is an issue) #accountant #smallbusiness #smallbusinessaccounting #accountingtech
How students view the accounting profession
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Check out our latest blog post that provides essential strategies and considerations to help new graduates excel in their accounting careers; covering topics such as education, networking, gaining practical experience, continuous learning, and setting career goals. 👉 https://lnkd.in/edtZcr7d #accounting #careeraftercollege #postcollege
Navigating Your Accounting Career After College
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Even as a recent alumna with two majors and two minors under the same degree, I can see why it would be interesting to shake up the educational requirements. Money and time are the contributing factors of pursuing the 150 credit requirement. Plus, in my experience, more accounting firms would ask the candidates or interns whether they will have 150 credits once they start full time employment. I feel like there should be some incentives to help anyone obtaining 30 additional credits. More research on the entry rules should provide on what strategies to attract candidates pursuing the CPA exam and license. One example would be some firms and/or corporations collaborating with universities providing support and resources to anyone pursuing 150 credit. While this issue could last longer, I believe it would take some time to have the numbers back before the pandemic. Plus, more recruitment and marketing would be another key to help the numbers increasing and pursuing the accounting degree and profession. #accounting #staffing #cpa #cpaexam #120credit #150credit #challenges #money #time #employment #support #research #firms #corporations
US accounting profession rethinks entry rules amid staffing crisis
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Digital Storyteller | Advocate for Diversity, Equity, and Inclusion | Collaborator for the Future of Work
Happy #InternationalAccountingDay 👏 The future of accounting is optimistic! 79% of students surveyed believe an #accounting degree will have long-term career benefits and an overwhelming majority of senior executives (97%) are optimistic about the future of the profession and the next generation of CPAs. Check out other insights in the article below.
EY Survey Shows Gen Z Priorities and Pipeline Opportunities
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Now that you've hired some strong recent graduates who have the skills to get down to business, what other skill must they have — or develop — in order to prosper? This article gives very solid insight into that very issue. "A career in accounting looks nothing like it did 10 years ago, and it's still changing rapidly. That means young accountants need to develop a skill set that is much different from previous generations. In the past, accountants focused on honing their technical skills within specialties like tax, audit and accounting to stand out. Now, as technology is increasingly incorporated into everyday processes and young professionals begin interacting with clients earlier in their careers, a host of other skills are needed. Experts agree accountants just starting their careers will need to develop their tech and soft skills, on top of a thorough knowledge of accounting fundamentals, in order to succeed." #accountingjobs #newhires #accountingskills #humanresources #hrmanagement #teamdevelopment #cpajobs #cpas #accountingnews #accountantsandaccounting
Foundational skills for young accountants
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According to the new EY Accounting Professional of the Future survey, 79% of students surveyed believe that a career in #accounting will deliver long-term career benefits. CFO Magazine details additional findings from the survey and explores what is inspiring today’s students to enter the accounting profession: https://lnkd.in/eEzMgSEr
79% of Accounting Students Confident in Their Career Choice
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Attention accounting professionals! Facing challenges in filling accounting roles? You're not alone. The industry is experiencing a shortage of accountants with fewer students pursuing accounting careers and employees seeking new ways of working. But fear not! There are solutions to navigate through these obstacles. Discover them below. #AccountingJobs #AccountingStudents #Accounting
Why You're Struggling to Hire Quality Accountants and What You Can Do About It
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Thanks for sharing!