The roles and responsibilities of accountants are no more limited to bookkeeping and finance management. These are the experts who take care of the overall financial health, smooth functioning and business growth for different types of organizations. The accounting degree programs they pursue play a major role in preparing them to tackle complex business problems and take businesses on the success track. Here’s why choosing a bachelor’s degree in accounting may prove to be a career-defining decision.
Accountant Are Needed for Multiple Positions
Not only in Singapore but also in any other economic hub across the globe, accountants occupy some of the most critical positions within organizations. They work as financial accountants, forensic accountants, tax accountants, financial advisers, cost estimators, finance analysts, finance auditors and on several other relevant positions. Needless to say, each of these experts is what every organization needs to survive. A bachelor’s degree in the field can prepare you for the same.
Accountants Are Needed in Different Spheres
From commerce to retail and from manufacturing to banking, accountants are needed everywhere. Their skills, knowledge and expertise assist organizations in the tasks like budget planning, internal auditing, policy drafting, business planning, cash flow management and more. Can you imagine an organization’s success without any of these activities out of place?
Apart from the private sectors, the government and well as semi-government organizations require accounting experts to take care of different finance-related activities. The same is true about the non-profit organizations. In short, you may expect to be more employable after completing a bachelor’s accounting degree.
Economies Also Need Independent Accountants
While accountants working on the above-mentioned positions within organizations are irreplaceable, those practicing independently are also of great assistance in any type of economy. If you plan to be an entrepreneur, a bachelor’s program in the field of accounting may help you in this direction too.
As an independent accounting practitioner, you can handle several clients at one time and offer consultation and services to different types of businesses and organizations. For example, businesses often need advice before starting a new venture or entering a merger. As an accounting advisor, you can help them take better and rewarding decisions through correct evaluations and analysis. It is one good field to grow and create a brand name as an accounting specialist.
In Singapore, the Bachelor of Accounting programs may usually complete within 28 months. You may also consider a Master’s degree in the field after gaining some real work experience.