
Accounting is an integral part across every industry and business. According to the Bureau of Labor Statistics (BLS), accounting and auditing jobs will grow by 8% by 2030. So many openings for accountants and auditors start their career with the top level.
Also, accounting is one of the attractive career paths. But till now the importance of accounting is still in the air. So many people don’t have the idea about the full scope of opportunities. In this blog, we are going to discuss the Top 5 Careers in Accounting with High Salary.
Whether you are going to switch your career or want to enroll in an accounting job, you should have a knowledge of this.
There are mainly 3 Sectors in Accounting
- 1. Public Accounting: Public accounting refers to a business that helps a range of clients produce financial documents, prepare tax returns, or audit reports. In this category, a bachelor’s degree with a CPA license is required, and client service is the work nature. The median advertised entry level salary is almost 70K.
- 2. Financial Service: The financial service sector is a wide range with more specific activities such as banking, investing etc. The bachelor’s degree is the qualification needed in this category, with a starting salary of 57 K.
- 3. Corporate Accounting: Corporate accounting, also commonly referred to as private or industry accounting. Bachelor's Degree is the preferred qualification for this field. The median advertised entry level salary is 59 K.
Top 3 Careers in Accounting With High Salary
General Accountant : This is a shining profession with a lot of skills and responsibilities. The major role of a general accountant is to provide financial information based on research of accounting data. An accounts general need to prepare financial reports also. They should maintain accounting controls and financial security.
Financial Analyst : This is another important job role in accounting. If you have strong decision making skills, especially under pressure, you can easily become a financial analyst. Financial analyst within the corporate focus is on working profitability analysis, cost analysis, also. Treasury Management also overlaps with this.
Internal Auditor : Internal Auditors audit to evaluate five components of management. The qualification required a minimum Bachelor’s degree in a subject such as accounting or a similar field. Internal Auditors need strong analytical skills also.
Conclusion:
Now we have a clear idea about accounting opportunities. If you need to build a career in Accounting, then first you should
start to learn accounting deeply. Core Accounting, the best accounting training institute, will provide you with a detailed
knowledge for your better accounting future.