Posts tagged with Career

How to Move Into Accounting from Another Career

It’s hard to find the perfect career. You may get encouraged to start working a job you hate simply because of a high salary. Nevertheless, if you’re unhappy or have this feeling that you should do something else, then you should consider changing your career. Even though this may sound scary, it’s essential you follow your heart. Doing a job you love will not only make you happier, but it will also increase your chances of becoming successful.

Nevertheless, it’s crucial you find the right moment to transition into a different career. Note that you shouldn’t do this if you hate your job and want to run away from it. Don’t let negativity guide you through this, as it won’t lead to a healthy change. Instead, you should focus on improving your skill set, finding your voice, and reclaiming power at the office. You should quit your job only once you’re charged up and ready for a change.

Of course, you’ll also need to come up with a good financial plan to support this transition. Keep in mind that you won’t be working for a while. On top of that, you’ll surely be investing some money in learning new skills. It’s essential not to change your career until you saved enough cash to do this. Apart from having a financial plan, you will have to prepare a strategy for transitioning into a different career. If your goal is to become an accountant, you should first determine why this is your aim.

Understanding exactly what is appealing to you will help you decide whether you’re making the right decision. Know that this type of work can be extremely dull to those who aren’t passionate about accounting. Figuring out why you want to become an accountant will also help you prepare for upcoming job interviews since every interviewer will probably ask you why you changed your career as well as why you chose accounting.

In order to become an accountant, you will need to have a degree in this field. This means that you’ll be going back to school. However, the good news is that you can finish everything in just a year, assuming you have an undergraduate degree. Even if you hold an undergraduate degree in English literature, you can still finish a Master of Accounting program in a year. Upon completing this program the next step is passing the Certified Public Accountant (CPA) exam, which isn’t exactly easy.

Preparing for this exam can be quite challenging, especially if you’ve just recently started learning accounting. One of the best ways to ensure you prepare properly is by enrolling in an online course. However, make sure you do a lot of research before deciding on where you’re going to enroll, since you’ll have countless options to choose from. Ideally, you should go with an adaptive CPA exam prep course. In other words, it should adapt to your strengths and weaknesses. Online courses that were made using adaptive learning algorithms actually customize the content for each user depending on their performance.

After you pass the CPA exam, it’s time to start applying for jobs. Nevertheless, you should first decide where you’d like to be in 10-15 years. This will help you determine whether to start out in a practice or as part of a finance team in a certain company. You’ll have the option of specializing in different areas of accounting such as taxation, internal auditing, financial accounting, and government accounting. In case you’re having trouble deciding exactly which role to choose, you should talk with successful accountants who have different positions and ask them questions about their jobs. This will help you determine what you’re best suited for.

The one thing you won’t have to worry about is whether you’ll get your dream position. Keep in mind that every organization from nonprofits to multinational corporations needs accountants. As long as you’re good at it, you won’t have a problem getting into any area of accounting.