Most of the people consider accounting a profession with limited career opportunities. Contrary to this common belief, accounting is a vast field with many exciting and growth-oriented career options. Accountants in Singapore are in demand in the public as well as private sectors and play many important roles than one can think of. If you aspire to be an accountant, find out how pursuing an accounting degree may turn out to be a great decision.
Several Accountant Profiles
While accounting is a general description of the career field, there are many different types of accountant job titles you may consider:
- Tax Accountants: From preparing tax returns to planning tax saving, these experts perform tasks that individuals, as well as the businesses, consider as crucial.
- Financial Accountants: They take care of organizations’ finances. Businesses rely on them for preparing and maintaining cash flow reports, profit-loss statements and several other key documents for performance assessment.
- Management Accountants: These accountants work as an important part of the management-level teams. Based on their forecasts and reports, the managers often take critical business decisions.
- Forensic Accountants: Another important profile in an organization is that of forensic accountants who trace, analyze and examine the financial frauds and other similar incidents.
- Government Accountants: The accountants working in the public sector carry out tasks like auditing individuals and businesses as per the finance laws. They also foresee the management of the government’s finance and revenue.
Consultants and Planners
As an accountant, you may work as an independent accounting or financial consultant, guiding individuals as well as businesses in tasks like budgeting and investing. In addition, you may seek work opportunities with the region’s financial planning firms that assist their clients in utilizing their finances most appropriately.
Financial Auditors and Analysts
Yet another attractive career choice in the field of accounting is that of a financial auditor. The experts in this field carefully keep a watch on the finance and resources of the organizations to ensure that they are being used effectively and there is no misuse or wastage. Besides, these experts may also ensure that their organizations adhere to the legal financial norms of the region.
Lastly, you may find your knowledge in the field of accounting extremely useful in case you become an entrepreneur and run an organization of your own. As an accounting degree holder, you may find yourself participating in the global economy which is indeed an exciting opportunity to pursue.
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