The U.S. Bureau of Labor Statistics states it simply: The career outlook for accountants is excellent:
- Accounting job opportunities should be favorable.
- Those who have earned professional recognition through certification or licensure enjoy the best prospects.
- Much faster than average employment growth is expected, according to the U.S. Bureau of Labor Statistics.
Accounting Job Descriptions
- Bookkeeping, accounting and auditing clerks record financial transactions, update statements and ensure accuracy of financial records for organizations. Most positions are open to associate degree holders. The U.S. Bureau of Labor Statistics predicts 11 percent growth through 2022.*
- Financial clerks keep records, help customers and carry out financial transactions. An associate degree fills the requirements for this position. Eleven percent growth is predicted by the U.S. Bureau of Labor Statistics through 2022.
- Accountants and auditors prepare and examine financial records. Most positions require a bachelor’s degree or higher. The job outlook according to the U.S. Bureau of Labor Statistics predicts 13 percent growth through 2022.
- Budget analysts organize the finances for public and private organizations. Budget reports and monitoring spending are some of the responsibilities involved. A bachelor’s degree is generally required for this position, but some will require a master’s degree. The U.S. Bureau of Labor Statistics is predicting six percent growth through 2022.
- Financial analysts guide businesses in making financial decisions. They monitor the performance of stocks, bonds and other investments. A minimum of a bachelor’s degree is generally required for this position. The job outlook is for 16 percent growth through 2022 according to the U.S. Bureau of Labor Statistics.
- Personal financial advisers help individuals with investment, tax and insurance decisions. Employment of personal financial advisers is predicted to grow by 27 percent through 2022 according to the U.S. Bureau of Labor Statistics. Most positions will require a bachelor’s degree.
- Forensic accountants combine accounting knowledge and expertise with investigative and legal skills in this specialized career field. Forensic accountants may be employed by accounting firms, consulting firms, lawyers, law enforcement, insurance companies, financial institutions and government organizations. A minimum of a bachelor’s degree is required. Demand for forensic accountants is rapidly growing.
Some possible job titles for forensic accountants are:
- External/internal auditor
- Audit specialist/consultant
- Financial specialist/analyst
- Director of loss prevention
- Fraud analyst/investigator
- Tax manager
- Bankruptcy analyst
- Risk and compliance specialist
Preparing for an Accounting Career
Globe University offers a range of accounting degrees:
*Job growth data from the U.S. Bureau of Labor Statistics