25 Aug 2017
The accounting industry is in almost constant growth. This makes it a solid choice that is likely to keep you employed from one financial year to the next. But with a reputation of being ‘safe’, it also has the stigma of being an unexciting profession.
There are a number of surprising and unexpected paths a career in accounting can take you on.
In this field you will delve into puzzling affairs to get to the bottom of financial mysteries. You could be providing evidence or supporting claims against crimes such as legal disputes, fraud and tax evasion. This number-crunching, super sleuthing career path could be right up your alley if you have a head for figures and a high level of curiosity. Forensic Accounting Queensland gives a great example of how a forensic accounting specialisation comes into play in everyday life. But don’t be fooled; this career path can still lead to incredibly high-profile cases involving celebrities or even national security.
If you want to earn a living through the big league but haven’t yet been discovered as a star sportsperson, an accounting degree could be your Plan B. Professional sports people and teams need accountants to budget and forecast, negotiate salaries and finance promotional events and merchandising. A bonus to working in this industry is often access to tickets at reduced prices. Not to mention having the opportunity to meet some of your sporting heroes. If you’re looking for more inspiration Anthony Bell, one of Australia’s top celebrity accountants, talked to Dynamic Business about his secret to success. He provides financial services to some of our home-grown sporting royalty including Michael Clarke and Phil Kearns.
Accounting and the arts
From fashion to film and back again, there is a plethora of accounting jobs in the creative industries. If managing movie budgets, purchasing materials or calculating record label revenue sounds like you, then this might be what makes you tick. Chartered Accountants Australia and New Zealand gives more advice about working with your favourite brand in the fashion space.
For those who fancy themselves a financial career in the music industry, why not consider incorporating a Diploma of Music Business to really hit the right note?
Love accounting, but not offices? No worries. You don’t have to hang out in a boardroom. If working in a finance team doesn’t really appeal, consider becoming an accounting teacher at secondary or higher education levels. Combine your love of numbers with education and play a role in honing future financial minds in their development stages.
The nature of an accounting degree
One of our very own lecturers, Jennifer French, says that the nature of an accounting degree opens you up to a broad range of career options with just one skill set. All you need is qualifications and an idea of the industry you’d like to work in. The chances are they need accountants.
‘It’s such a broad occupation and it can lead to so many things. That’s the thing with accounting, you don’t just become an accountant,’ she said.
‘You can do anything from banking to being a specialised auditor or forensic accountant. You can be a management accountant or a tax accountant, you can be a financial planner, or a teacher, it’s extremely broad.’
Given transferable skills are key to adapting to changing job markets, it’s a future-proofed career option.
‘I had no idea how flexible the industry was when I started. If you’re an accountant for a firm it doesn’t mean you can’t all of a sudden become a teacher, or a banker, or a business owner. You’ve got that flexibility with an accounting degree.
To learn more about our business and accounting degrees visit our website or call 1300 208 233.
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