Every business needs an accountant. For small businesses, the owners themselves act as bookkeepers. But, for larger companies, you need a more skilled and specially dedicated bookkeeper. If you run a mid-range business or industry, you will need to hire a team of bookkeepers.
Who are the Accountants?
What do they do?
And how can you be one?
In this article, I have answered all these questions and discussed the steps to become an accredited bookkeeper.
We’re going to find out:
Who is an accountant?
Bookkeepers keep track of the financial records of businesses, organizations and businesses. Bookkeepers are tasked with tracking all the money invested in a business. By keeping accounts, bookkeepers determine whether the business is making a profit.
What does an accountant do?
Bookkeepers handle many tasks. They are responsible for managing payroll, handling loans, and preparing tax returns.
This is what an accountant usually does:
An accountant handles all financial statements, including loans, expenses, accounts payable and receivable, receivables and profits.
An accountant ensures that financial statements are regularly audited and updated
An accountant is a traveler who may have to work for many concerns.
More importantly, an accountant keeps track of all financial accounts of companies.
How can you become an accountant?
Attractive salaries, tricks with numbers and a variety of managerial jobs keep many young people attracted to this profession. The U.S. Bureau of Labor Statistics reported that the median salary for bookkeepers, accountants and audit clerks was $37,259 as of May 2016.
8 steps to become an accountant
first step
start high school early
If you want to become an accountant, you can start developing your dream of becoming one as soon as possible. If your school offers relevant classes, take them. The basic classes will educate you on the fundamentals of accounting. You can also learn to use accounting software. Office skills, typing classes, maths are also important.
second step
Enroll in College and Earn an Associate’s Degree in Accounting or Bookkeeping
Some bookkeepers start out learning things on the job. There are companies that provide training to prepare their accountants however they please. But, expecting this from every management will make it difficult for you to get the job. Therefore, get at least two years of higher education related to accounting. It is required by almost all employers.
step Three
Enroll in a computer school to increase your proficiency in accounting software. Businesses today require proficiency in accounting software applications such as QuickBooks. In addition, you’ll need to master the use of the keyboard and 10-key number pad.
step four
Participate in an internship program as an bookkeeper in a local business. This will help you gain experience. By combining your internship with a degree, you can make your resume stronger. The internship program will also help you find a suitable field for your interest.
step five
No matter how small the salary, take an entry level job. An entry level job will help you a ton. You can be offered a clerk job, but don’t be shy to work as a clerk first. As you gain experience, you will be given more responsibilities and tasks to perform.
sixth stage
American Institute of Professional Accountants is a respected institution. Getting certification will make you look more qualified. So, consider getting certification from it. If you are a certified accountant, employers will feel confident that you are qualified.
step seven
Gain as much work experience as you can. When the opportunity comes, be sure to take advantage of it. To qualify, you will need at least 2 years of work. You may also have to pass a written test.
step eight
Be a regular student throughout your life. The more skills you acquire, the more employers will be looking for you. As most companies report a shortage of qualified accountants, keep learning. You might consider going back to school and finishing your accounting degree.
Admission Requirements
In order to qualify for admission to any kind of Online Bookkeeping Courses, an individual has to meet some requirements. First of all, in order to work in the field of Bookkeeping a person must have high school education. In addition, skills in computer applications are also greatly important for bookkeeping jobs as a person will need to use a great variety of database programs and spreadsheets. Finally, a congenital interest and inclination for crunching numbers as well as for business subjects like accounting, bookkeeping, and typing will be of great help to future workers in the field of Bookkeeping. So, young people are going to get all this knowledge while covering Bookkeeping Diploma Courses and Bookkeeping Certificate Courses.
Summary
What else is needed to become an accountant? Not much, you just need to know how to count and register fast. Follow the eight steps listed above to become a qualified bookkeeper.