Getting a career in accounting is something that can prove to be extremely fruitful, but it’s also a really difficult path to tread in most cases. There is a lot of knowledge and know how that comes with the job, so you have to end up being somewhat of a workhorse if you really want to get involved within the field. That’s why while there are plenty of positives to a career in bookkeeping jobs, there are also some negatives that you’ll want to know about. That can include the amount of bookkeeping training necessary to keep a job and land a job, as well as the salary you can expect, or the opportunities available to you.
First up, the pros of what you can expect from most bookkeeping careers:
-Great starting salary.
After you’ve completed your education and have passed a CPA exam, you’re going to find that your career path is going to be off and flying pretty quickly, as most jobs can start you off at $40,000 or more. This is a stark contrast to so many other types of careers, and is well more than enough to have a pretty decent living in most places across the US. Plus the salary goes up from there significantly, leaving you with plenty of opportunities to pay the bills, pay off your student loans, and really get your life started in the right way.
-Lots of job opportunities.
Every single business the world over provides bookkeeping jobs in some way shape or form, because they need someone to do their accounting. Moreover, many people also employ independent accountants, so that they can have their finances looked at and taken care of by someone they can trust to do a good job. That gives you a ton of potential opportunities to get the job done, sand ensure that you’re able to find positions when you’re transitioning, moving, or even when you’re just starting out in accounting for the first time out of college.
-Greater career freedom than many other job opportunities.
Another thing offered by bookkeeping jobs, is that they oftentimes offer quite a bit of freedom in so many different forms. There are plenty of opportunities for you to become your own boss, and acquire freelance bookkeeping employment, so that you can actually work on your terms. That way, you can be in control of your own destiny, and so long as you’re willing to put in the work, you can find a rewarding career path that you’re able to carve out for yourself.
But while those can seem like great reasons to become an accountant, you want to know about the negatives that come with the job as well before really making a decision.
Here are some of the most common cons you will encounter:
-Lots of education required to attain bookkeeping jobs.
You are going to be looking at a really full educational schedule, in which you’re going to be fully loaded with classes related to accounting. There is a ton of information from basic accounting and bookkeeping, to the more complicated legal mumbo jumbo, to the tax information and etc, etc, that you have to learn. This is going to take at least a four year degree, but usually you’re going to want to go beyond that education, to really master your trade.
-Complicated certification procedure.
In order to work any accounting or bookkeeping jobs, you have to be certified by passing the CPA exam, in order to be able to perform the job. Anyone that is not certified is not considered a professional accountant, and you are not legally able to perform accounting duties. This is a rigorous process in which certification has four different complicated tests that you have to take. Moreover, it’s also expensive with most certification processes costing hundreds of dollars by the time everything is said and done.
-Really long hours.
This is a career where you’re going to have to really work, especially when you’re just starting out. That means some long hours. Every bookkeeping job requires at least a 40 hour work week. But beyond that, you’re going to find that you’re more likely going to be doing 50 to 60 hours to start out with, in order to really make an impact and get the job done. Also, come tax time for the businesses or people that you perform accounting with, expect to really kick up your workload with having a ton of extra paperwork and other types of items to have to file.