10 Must-Know Pros & Cons of an Accounting Career

Similar to almost anything in life, an accounting career has its pros and cons. There is nothing wrong with the career path itself, but it may not be right for certain people, while it may be the perfect option for others.
These positives and negatives of the career path can help you determine if it is right for you.   Check out America's Best Bookkeepers


  1. A clear career path

Studying accounting means learning practical skills about analyzing costs and crunching numbers required by employers. This education means your career path is more apparent than a person studying subjects like Philosophy or English, for which it can be hard to determine the possible career options.
  1. It is a growing and stable field

The job prospects for a career in accounting are growing year over year. Accountants will be required as long as people need help with taxes and business finances. 
  1. There is potential for growth

Once you graduate, you may start with an entry-level associate job, but there is an immense potential to grow professionally in this career path. Many people who graduate with an accounting degree begin their career path as junior auditors, staff accountants in public accounting, or controller’s assistants in private accounting. However, once they gain experience and get established, they can advance their careers through additional certifications or education such as CPA or MBA and job performance. Check out America's Best Bookkeepers
  1. Good earning

Anyone would love to make enough money to be able to live comfortably and cover all their expenses. An accounting career can help you afford a good lifestyle.
  1. You can find work anywhere

Unlike other career paths, you do not need to relocate to an industrial hub and disturb your personal life. Considering how accounting is a universal need, everyone from farmers to IT companies requires accounting services. This need gives accountants flexibility when deciding on location in which to live and work.
  1. There is potential to become an entrepreneur

The accounting profession puts being the one in charge of everything within reach. Unlike many other professions, it is a common habit for accountants to start their accounting firm. While it carries its risks and may not be a good idea for everyone, it is undoubtedly an excellent choice to have.

Cons Check out America's Best Bookkeepers

  1. Ongoing education

Unlike other fields, you need to continue learning even when you have graduated with an accounting degree. To advance your career, you must continue your education even after getting a degree. However, there is a benefit to that, too, as higher education means increased status and pay.
Once you start as an entry-level accountant, you must look into further certifications. There several accounting credentials such as CPA (Certified Professional Accountant), CFA (Chartered Financial Accountant), and CMA (Certified Management Accountant). Earning these will require the right amount of effort and time, so it can be helpful to know what you are putting yourself through beforehand.
  1.  It can get boring

The everyday work of accounting involves a lot of math and investigation, which some people may find boring and dull. However, finding something boring is subjective. Some people may find this work fascinating.
  1. It can get stressful

There is going to be a lot of pressure on you if you are accountable for an organization’s finances. For this reason, you need to determine if you can handle the pressure. Suppose you get easily frazzled by stress, then maybe it is not the right career choice for you. Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers