Careernav offers career advice to students, career guidance to graduates and career development to emerging executives.

Career Advice - Accountant Career Path

Posted: Mon 09th November 2009 | Author: | Comments: [0]

Accounting is an exciting and rewarding career with endless career path options open to students and graduates and post qualified accountants should you wish to change career paths.

Once you’re qualified here are some of the main specialisations available;

  • Corporate Accountant -  either as a cost accountant or financial accountant as you progress to Finance Manager, Financial Controller and onto to Chief Financial Officer
  • Auditor -provides an external, independent assessment of an organisation’s finances and accounting systems.
  • Actuary - analysing mathematical, statistical, demographic, financial or economic data, so as to predict and calculate long-term risks regarding financial decisions and planning.
  • Financial Analyst - analyses financial information, researching macroeconomic and microeconomic conditions and company fundamentals  to give an opinion of the company's investment potential with a rating, such as "buy," "sell," or "hold” to brokers, traders or clients.
  • Professional accountants -  work in professional services accounting based firms and specialise in taxation, business services, insolvency and liquidation, advisory services (such as risk management), performance management, corporate efficiency, corporate structure, mergers and acquisitions or assurance including corporate governance and regulation and stakeholder compliance.
  • Forensic accounting - is about fraud investigation, giving evidence in court as an expert accounting witness, investigating allegations of fraud, and capturing and analysing large amounts of electronic data.

There are numerous related career paths your accounting background is well suited to;

  • Career in the financial markets, economics, foreign exchange or financial analysis.
  • A company secretary. 
  • Work on a freelance basis.
  • Become a partner in an established accountancy firm.
  • Starting up your own accountancy firm.

So you can see, if you get bored with one side of the accounting ledger (excuse the pun), there are plenty of other like minded career path to wander down. This is one career your previous experience and knowledge can be used productively elsewhere.

If you have transferred successfully career path’s, write a reply to help others.
For a more detailed view on accountants check out Careernav  on http://www.careernav.com.au/career-finder/profiles/corporate-accountant/66 or go to the Institute of Chartered Accountants on www.charteredaccountants.com.au

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