Working in accounting is a great career choice. The job market is strong, and there is ample opportunity for candidates. The industry is expected to grow and there is an increased demand within the industry for skilled professionals.
The question remains – should you choose a public accounting or corporate accounting career path?
Choosing a career path is challenging, even within a particular industry. There are pros and cons to every career decision you make. Here is a comparison of the potential advantages and drawbacks of each career path.
Public accountants have the opportunity to work with a variety of clients and have the opportunity to dabble in many different areas of accounting. Here are some pros and cons:
Here are some of the advantages of choosing this career path:
Here are some of the potential drawbacks of choosing this career path:
Private accounting jobs are focused on working with financial information for your employer. You will prepare reports and analyze data. Here are the pros and cons:
Here are some of the advantages of choosing this career path:
Here are some of the potential drawbacks of choosing this career path:
Regardless of the career path you choose, you can make the switch. Many professionals switch between public and private accounting jobs. Sometimes, it takes working in both paths in order to figure out which you like most and where your best talents lie.
Get more information about accounting career paths by checking out these blog posts from our accounting and finance recruiters:
5 Reasons Why You Should Work in Public Accounting
Public vs. Corporate Accounting: What’s the Best Choice for You?
Finance and Accounting Industry Employment Trends to Watch
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.
Ross Campbell is a Partner and Practice Lead, Financial Services & Insurance with IQ PARTNERS. Celebrating over 10 years of management consulting experience in executive search, recruitment, and training in Canadian financial services and insurance companies, Ross thrives on the belief that business can be done significantly better by investing in the right people.