Many people believe that accounting is difficult to study, difficult to become an expert in, and difficult to pursue as a career, yet none of these beliefs is necessarily true. Accounting does involve a complicated set of skills and abilities, as well as good attention to detail. Still, it isn’t any more difficult than many other popular disciplines of study that lead to excellent lasting employment options. Accounting may even be an easier discipline for certain people than other viable possibilities; it depends on what you like and what you’re excellent at.
Why do many believe accounting to be challenging?
Because every subject contains challenging components for different people, someone considers every issue ” hard “. For instance, a person who doesn’t enjoy reading lengthy books generally wouldn’t want to major in history, whereas a person who hates science isn’t going to want to major in physics. But why does it seem like accounting is a difficult subject for so many people? Let’s examine these three typical fallacies and their causes.
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They struggle with math.
Some believe accounting is difficult because doing any math makes them uncomfortable. Yes, you probably wouldn’t make a great accountant if you can’t stand math.
Because maths will most likely be involved in what you do daily, you probably won’t want to major in accounting, study it, or try to start a career in the subject.
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They worry about the CPA exam.
Others may believe accounting is challenging because they are concerned about their ability to pass the very challenging CPA exam.
The good news is that not all accountants become CPAs, and taking the CPA exam is just one of the numerous alternative career routes available to those seeking to begin a career in accounting.
It’s time to reconsider your fears if the only thing stopping you from considering studying accounting is your fear of the CPA exam. Accounting graduates have many beautiful options to pursue besides becoming CPAs.
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. They Believe accounting is only about adding up numbers.
Others may believe that accounting is challenging because they have been informed that it is simply a number-crunching job, similar to being a human calculator.
These people are misinformed about what accounting entails. But anyone who shares their misconception and enjoys working with people would naturally believe that accounting is challenging because they wouldn’t want to put in the effort.
Accountants are charged with many duties, much like any other profession. While some accountants (like entry-level bookkeepers) will be expected to do nothing but crunch numbers, most accounting professionals will be expected to perform a variety of responsibilities.
Who Might Want to Consider a Career as an Accountant?
- Certain persons are ideal to excel in the accounting industry; however, it is not for everyone.
- The following list of qualities could increase your likelihood that this is the suitable area of study for you:
- You have good organisation. As an accountant, you will be in charge of arranging and providing insights on financial data; therefore, maintaining organisation will be a crucial skill.
- You make good plans. Accountants need to plan and project to prepare their clients and the companies they work for to achieve significant financial goals.
- You enjoy team projects. As an accountant, you’ll work independently on some tasks, but after gathering the data, it needs to be provided to someone who can act on it. Almost all accountants collaborate with others or business leaders who depend on them for financial guidance.
- You like to solve problems. Accounting isn’t always straightforward; there are times when it calls for sifting through data, putting puzzle pieces together, and locating complex financial information, mainly when conducting an audit or handling complex tax calculations. This job may be ideal for you if you enjoy puzzles.
What Basic Knowledge Must You Obtain to Become a Professional Accountant?
You’ll need to develop your talents and abilities to be able to achieve things like the following to overcome the typical difficulties accountants face every day:
Since accountants may work with both individuals and businesses as clients, you’ll also need to strengthen your ability to offer these kinds of services to both of these groups of customer base.
It’ll be a good idea to learn how to work with both individuals and organisations when you’re beginning your career and working on launching your career. Eventually, you may determine which type of customer you prefer best and specialise in one or the other.
Conclusion
Accounting is a more difficult major to pursue than marketing, business management, or communications. However, an accounting major is less complicated than certain STEM degrees. Once you’ve mastered the fundamental concepts, the difficulty level tends to decrease.
Being an accountant can be simple or challenging, depending on your niche and level of responsibility. If you have difficulty getting through each day at work, you can always hunt for another accounting career that better fits your preferences and abilities.
Accounting can offer numerous job opportunities, the highest pay, job security, and chances to advance your career. SpotGiraffe is an exclusive job portals for Accounting and Finance jobs. Register now to build your dream career in accounting.
