1. Data entry is an entry-level position.
Yeah, I will spend a lot of time in front of spreadsheets. But entering numbers from incoming and outgoing invoices all day long is an intern's responsibility. I'll do it for a year or two, and then move on to bigger things: helping executives make big decisions, predicting markets, eliminating expense to increase profit.
2. Accounting is the heart of any company.
Without meticulously well kept financial records, a business has no way of knowing if they are operating on a profit or loss. Without a go-to person who can explain the company at any given time, owners and investors cannot make informed decisions. Every business needs someone to keep track of its legal liabilities. Accountants keep companies alive, what's boring about that?
3. I do more than taxes.

It's widely accepted taxes are a necessary evil. I happen to study not only how to do my own, yours, and even the massive undertaking that is corporate taxation; but I also study so much more than that. I didn't choose accounting to do taxes for the rest of my life, I chose accounting to understand the intricate structures that underlay business (which includes taxes).
4. What is wrong with structure?
I am the student that dreaded the "Art Studies" graduation requirement. Vague theories don't make sense to me. I understand what I can see in front of me and I appreciate regulations like the Generally Accepted Accounting Principles. When the pieces all fit together and debits equal credits, I feel relieved. In Accounting, you know immediately if you made a mistake and often how to fix it; perfectionists like myself appreciate that.
5. Change is constant.
There will always be new rules, new products, new audits, new technology, and new challenges to overcome. There is nothing boring about learning new things everyday and being apart of the progress of an industry.
6. You have never heard of Forensic Accounting.
When some corporations are in financial trouble, they will go to great lengths to cover their failure ie. falsifying statements. Forensic accountants and auditors serve to find and rectify these companies. Investigations can take months or even years and result in settlements in the billions. The work these people do can affect several companies and thousands of people. On a scale that large, nothing is boring.
7. You can double, triple, or even quadruple it up.
Why not? Adding a double major in Finance, Management, International Business, or even Pre-Law opens countless doors for acceptance into graduate school or mobility within a career. With management training, accountants have the training and knowledge to start their own business without contracting out their financial work. Graduate degrees in other disciplines can offer jobs such as Chief Financial Officer and even Chief Executive Officer.
8. You can do anything with a CMA.
Every single business needs some type of accounting figure, and that is where a Certified Managerial Accountant comes in. From mega-corporations to small non-profits, every company needs someone to handle their finances. No matter what your skill sets or interests, there is opportunity to be a part of any industry. In the event you do get end up getting bored working for a BioTech company, switch it up and transfer to a Clothing Design Corporation; the options are endless and the upward mobility is limitless for someone who understands underlying business operations.
Photos: http://www.scpolicycouncil.org/wp-content/uploads/2013/01/taxes.jpg http://www.youngandprosperous.com/wp-content/uploads/2010/09/managers.jpg http://blog.marketo.com/2013/06/the-problems-with-using-spreadsheets-to-manage-your-marketing-budget.html https://www.goldenkey.org/programs-privileges/graduate-school-opportunities/ http://microvisionsinc.com/tag/new-technology/ http://www.itsgov.com/forensic-accounting-abc.html
While I've never been particularly interested in accounting, this blogpost really interested me because I have also had my character, personality, etc. judged immediately after I tell someone what my intended major is. I think it's crazy how "what do you want to be?" has turned into "what are you majoring in?" nowadays. There have been so many times that I've said I'm a Spanish major and I've either gotten A. the slow nod reassuring me I'll "be okay" even though I'm not a science major or B. the immediate assumption that I'm going to be a teacher. I'm not sure; that's the point of an education, specifically a liberal arts one! If you enjoy accounting or even just understand its importance in most, if not all jobs, I'd say it's an important aspect of your life and education, and that it's a very viable and important major for you now and in the future.
ReplyDeleteSo true that everyone (particularly adults) question majors. The truth is that you can spin any major into a negative! I can't count how many times people have told me my career path has "high burnout rates" or is "really, really depressing". To each their own. I'm sure you'll enjoy your future as you already seem head over heels with your major studies.
ReplyDeleteI really enjoy how even though this post is specifically about accounting it still connects with a wide range of people. It is also really interesting how you addressed the common view of accounting and explained how accounting is more than just doing taxes. I don't think a lot of people stop and think about the wide variety of jobs an accountant has, but your post certainly makes me reconsider my view of accounting.
ReplyDeleteI liked how you explained the subject of accounting. People have no idea the importance of accounting. Understanding business operations and becoming big time business owners can take people to places they have never dreamed of.
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