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Accounting is boring. It’s only for people who are math experts. All you do is crunch numbers. These are some of the common myths you hear about accounting. And some of these myths scare people away from a career in this area.
Are you thinking about a career in accounting? It’s not only for people who like to work with numbers. Accounting careers are as diverse as many other industries, yet so many people believe the stereotypes and myths.
Here are a number of common but misleading accounting career myths:
Contrary to popular belief, you don’t need to be a math whiz to work as an accountant. While math is definitely part of the role, there are many other facets to the job. Analysis, problem solving, finance law, and understanding accounting rules and principles play a bigger role overall.
People often get the vision of sitting behind a desk with a calculator, crunching numbers. This is only part of the job. With advancements in accounting software and with so many technology-based tools available, accountants spend much more of their time acting as consultants than number crunchers.
While accounting software programs are definitely growing in popularity, they will not eliminate the need for accountants and financial professionals. These tools are designed to help automate some of the accounting processes. The analysis of the numbers, applying rules and regulations, and consulting with clients is taking on a bigger role in accounting careers.
Accounting jobs can vary greatly. You can work for accounting firms or private companies in all types of industries. You can work in taxation, forensic accounting, auditing, financial analysis, forecasting, and many other areas of accounting. Depending on your skill set and interests, your career path can be very different to other accountants.
Building on the point above, accounting jobs are not boring. In fact, the accounting and finance industry as a whole is changing. They are adapting to new technology and evolving, which could create many exciting career opportunities now and in the future.
Are you thinking about a career in accounting? Learn more about your options by reading these blog posts by our accounting and finance recruiters:
IQ PARTNERS is an Executive Search & Recruitment firm supporting clients across the country. We help companies hire better, hire less & retain more. We have specialist teams of recruiters in Technology (IT), Accounting and Finance, Consumer Goods, eCommerce and Retail, Financial Services and Insurance, Startup, B2B and Industrial, Operations and HR, Professional Services and Legal, Media, Digital and Marketing, Pharmaceutical and Life Sciences, Emerging Technology and Telecom, and Sales. IQ PARTNERS has its head office in Toronto and operates internationally via Aravati Global Search Network. Click here to view current job openings and to register with us.
Stephen is a Partner and Practice Lead in the Accounting and Finance group. In 2011 Stephen purchased The London Group, and over the next several years built a small team and became a go-to recruiter for several mid-sized accounting firms. In 2016 the London Group merged with IQ PARTNERS, allowing Stephen to grow his accounting and finance recruitment practice under the umbrella of IQ PARTNERS.