accounting jobs

A Guide to Working in Finance in the UK

January 21, 2020 by Tim McMahon

Finding your ideal job in the world of finance can be a challenge. To put this into perspective, in 2018 alone, there were a reported 1.1 million individuals employed in the UK’s financial sector.

With so much competition, it can be difficult to know where to begin in your search for the right job in finance. Furthermore, the financial sector is so diverse that you might not know what sort of position you would like to work in.

Here is a brief guide to help you learn a little bit more about the world of finance so that you can understand exactly where you might fit in.

The Key Areas of Finance

There are a lot of options to look into when trying to figure out what area of finance you’d like to work in. A few of the more popular areas are: [Read more…] about A Guide to Working in Finance in the UK

Why Accounting Is A Safe Bet

September 21, 2012 by Jorgen Rex Olson

Accounting-

In today’s economy, many people are looking for college majors that will give them a good shot at employment when they graduate. While many schools talk about the inherent value of an education, few students have the luxury of spending years at a private university exploring various arts degrees. In actuality, most students need to spend as little time and money in school as possible, then take their degree and get a well-paying job.

If you happen to be in this situation, it might be time to consider a degree in accounting. Accounting is a solidly growing career field, and it is projected by the U.S. Bureau of Labor Statistics to have 190,700 new job openings from 2010 through 2020. This degree is offered at a variety of colleges and universities, is relatively easy to obtain, and offers a relatively secure and easy path to a job after graduation.

An Education in Accounting

To become an accountant generally requires a Bachelor’s degree in accounting. Accounting degrees are offered at nearly every public college and university, as they are one of the most popular degree programs offered in America. This makes it easy to find a program that is located near your work and home. In addition, the popularity of the program makes it easy to transfer credits between schools. Classes are offered by many schools at night and on weekends and are also available online. This makes accounting an ideal program for anyone who needs to work while attending school, or who is unsure if they will have to move in the middle of their program.

Furthermore, accounting programs do not require a lot of prerequisites, class time, or background knowledge. While some basic math and reasoning ability is required, accounting programs do not require higher-level math or science skills. This makes it a good program for people who have been out of an academic environment for a while to jump into. [Read more…] about Why Accounting Is A Safe Bet

Accounting Trends Creating Jobs

June 27, 2012 by Tim McMahon

Accounting Jobs

A recent article in Financial Trend Forecaster talks about a new trend in the world of accounting. Increasingly more companies are hiring accountants to work on staff as full-time employees to manage corporate budgets, accounts payable and receivable, to present financial reports to investors and to negotiate corporate tax laws. Companies are also looking for accounting professionals to protect investors’ money and company assets. At the same time, more businesses are looking to hire accountants, the jobs are becoming harder to fill. In addition, companies are becoming more global in nature and adopting the global standards called International Financial Reporting Standards (IFRS).

More Accounting Jobs Available

This is creating a demand for more accountants, the U.S. Bureau of Labor Statistics (BLS) is projecting a 16% growth rate in the need for accountants between 2010 and 2020 which they consider to be “average growth rate”. According to the most recent Occupational Employment data published by the BLS (May 2011) for Accountants and Auditors, the mean annual wage is $70,130. While those in Accounting, Tax Preparation, Bookkeeping, and Payroll Services have an annual mean wage of $75,060. A recent U.S. News survey ranked Accounting among their 25 Best Jobs of 2012.

What Accountants and Auditors Do

According to the BLS: “Accountants and auditors prepare and examine financial records. They ensure that financial records are accurate and that taxes are paid properly and on time. Accountants and auditors assess financial operations and work to help ensure that organizations run efficiently.”