The accounting industry is rapidly expanding. While tech innovations have made things easier by introducing automation, the demand for accounting professionals has also steadily increased. So, why not pursue a career in this field? Students who have a knack for numbers can emerge as successful accounting specialists. All you have to do is acquire the relevant degree and certifications to step into this progressive field.

Perhaps, you can opt for an accountancy degree or, even better, a public accountant certification (CPA). A Certified Public Accountant (CPA) is a finance and accounting professional with a license that can boost career and tremendously help academic growth and learning.

Not just that, but becoming a CPA can also provide plenty of opportunities for upward career mobility. Getting a certification like a CPA helps you boost your credentials and distinguishes you from other applicants, giving you a competitive edge.

If you want to pursue an accounting and finance degree and need more convincing, consider these valuable benefits of getting the CPA certification.

Increased knowledge

The studying process for the CPA helps you sharpen your toolbox of accounting practices. While going through the study material for every section, you’ll come across new facets of the field you might not be familiar with before. In addition, you can brush up on your financial literacy and technical skill sets with the help of different courses like the Wiley CPA review course.

Moreover, preparing to become a CPA helps you improve your accounting dexterity and boosts your intellectual outlook. Learning key processes, topics and calculations help build a critical and analytical business mindset, introducing you to new ways of thinking.

Job Satisfaction

Entering the accounting industry with a CPA certification can be a stepping stone for your career path. It opens the door to countless growth opportunities, contributing to your personal and professional development. Unlike monotonous job roles, you will work on different initiatives as a CPA. From managing the accounting process to filing on behalf of individuals and businesses, you will be handling various tasks. Therefore, allowing you to get diverse experience in the industry.

Moreover, CPAs can take advantage of flexibility in their jobs. The roles and responsibilities don’t require you to remain at the office 24/7. Hence, you will find yourself traveling to client premises to get the work done. Having a diverse set of responsibilities makes a CPA imperative to the organization..

Improved Earning Potential

Pursuing a CPA means taking on additional responsibilities and management positions, resulting in a higher salary than most accounting graduates. The average starting salary ranges from $40k-$57k, whereas adding a CPA certification to your degree increases your salary by 10% more than a non-CPA accountant.

As a CPA, you will start your career at a higher salary and receive greater pay over time. For instance, CPAs with more than five years of experience see salaries of $70-110K in some accounting firms, giving you a chance to accelerate your career. Moreover, you can leverage the wide variety of job opportunities available to obtain better salaries than other accounting professionals.

Job Stability and Security

Today, the job markets have become more saturated than ever. Requisitions remain limited, whereas the number of skilled labor keeps increasing. In these uncertain times, job security has become a massive concern. Fortunately, the accounting industry rapidly evolves, opening doors to endless opportunities. After all, every company needs accounting experts to handle money-related matters. Thus, whether you have a bachelor’s degree in accounting or have a certification, you can land a stable job offering lucrative returns.

Besides this, the role of a CPA is indispensable to every organization. They oversee taxes, manage costs and operational costs, and support decision-making. Regardless of an economic recession or downsizing, accounting professionals are always in demand. Lastly, becoming a CPA equips you with transferrable skills, making it easy to find work on a global scale. Hence, if you find an opportunity overseas, you can move to a better place with a lucrative salary.

Job Opportunities

Did you know CPAs can work in various fields for non-profit organizations, private companies, and government agencies? This gives you a chance to work in any industry you like. Want to discover the film industry? You can look for a job as a recording or movie studio CPA or even get a cast member or producer as a client.

Not just that, certified CPAs have various opportunities for travel with this profession due to a progressively globalized world. Besides that, as the existing marketplace need for CPAs is quite high, you can move anywhere you wish and immediately land a job, providing increased job opportunities.

Final Thoughts         

Even though pursuing a certification like CPA is challenging, it’s worth it. As you have read above, becoming a CPA has numerous benefits. It not only provides you with a wide variety of job opportunities but allows you to benefit from an upward-moving job market.

Besides that, a CPA boosts your knowledge and skills, giving you a competitive edge over other accounting experts.