What is an accountant and how to become one

Updated January 8, 2025
5 min read
Quoted Expert
Stephen Moehrle Ph.D.
introduction image

An accountant prepares and examines financial records, ensuring accuracy and compliance with laws and regulations. They analyze financial information to provide insights and advice to clients or organizations on budgeting, taxation, and investment decisions. Accountants can work in various fields, including public accounting firms, government agencies, and private companies. They specialize in areas such as auditing, taxation, or financial analysis. The job requires attention to detail, strong analytical skills, and knowledge of accounting principles and software.

What general advice would you give to an Accountant?

S

Stephen Moehrle Ph.D.Stephen Moehrle Ph.D. LinkedIn Profile

Professor and Chairman of Accounting, University of Missouri - St. Louis

It was a great time to be entering the accounting industry, before the pandemic. Our students were serving in internships in huge numbers and our graduates were enjoying 100% placement, usually with multiple offers. The entry-level professionals were entering a profession marked by emerging and evolving technologies that made even the entry-level duties especially interesting. Further, our tech-comfortable young professionals were experiencing quick advancement because of their ability to employ the new technologies.

Most of the above remains true so the only open question is job availability. It would be unrealistic to say things are great. However, it seems that job prospects for accounting majors will be better than for those of virtually every other entry-level profession during difficult times. I have been speaking with firm leaders across the spectrum of firms and most do intend to be on campus in the fall recruiting season. Of course, they have a lot of time to learn more about the economy over the next few months, but we are cautiously optimistic. Again, I am confident that whatever the state of job availability for young CPAs-to-be, prospects will be better for accounting graduates than virtually any other profession.

They will be entering the profession at a fascinating moment in time. Of course, the technological advances assure this regardless of economic conditions. However, there are business disruption-related issues that will provide rich opportunities for making a difference. For example, audit staff will be working with clients to see them through these troubling times. Lamentably, I fear that these young professionals will learn more about the going concern determination than they desire to know. Tax staff will help clients to optimally use the tax loss carrybacks and carryforwards that are arising by the day. Entry level professionals in corporate accounting will get a day-to-day front row seat in business management through crisis. While lamentable times, these are times when young professionals can make a difference that saves jobs.
ScoreAccountantUS Average
Salary
4.3

Avg. Salary $54,890

Avg. Salary $59,228

Stability Level
5.4

Growth Rate 6%

Growth Rate 0.3%

Diversity
6.2
Race

American Indian and Alaska Native 0.46%

Asian 14.96%

Black or African American 8.59%

Hispanic or Latino 10.93%

Unknown 3.96%

White 61.10%

Gender

female 61.81%

male 38.19%

Age - 43
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 43
Stress Level
5.4

Stress level is manageable

7.1 - high

Complexity Level
8.3

Complexity Level is challenging

7 - challenging

Work Life Balance
6.7

Work Life balance is good

6.4 - fair

What are the pros and cons of being an Accountant?

Pros

  • Excellent job security

  • High demand for accounting services

  • Opportunities to work with a variety of businesses and industries

  • Continuing education and professional development opportunities

  • Ability to contribute to the financial success of businesses

Cons

  • High levels of stress due to strict deadlines and accuracy requirements

  • Continuing education requirements can be time-consuming and expensive

  • Requires strong attention to detail and analytical skills

  • Can be highly regulated by government agencies, leading to added pressure and scrutiny

  • Liability concerns when mistakes are made that result in financial losses for clients

Accountant career paths

Key steps to become an accountant

  1. Explore accountant education requirements

    Most common accountant degrees

    Bachelor's

    71.2 %

    Associate

    12.5 %

    Master's

    11.5 %
  2. Start to develop specific accountant skills

    Skills
    ascdesc
    Percentages
    ascdesc
    Reconciliations13.58%
    General Ledger Accounts5.73%
    Account Reconciliations5.60%
    GAAP5.01%
    Payroll Tax Returns4.62%
  3. Complete relevant accountant training and internships

    Accountants spend an average of 1-3 months on post-employment, on-the-job training. New accountants learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an accountant based on U.S. Bureau of Labor Statistics data and data from real accountant resumes.
  4. Gain additional accountant certifications

    Accountant certifications can show employers you have a baseline of knowledge expected for the position. Certifications can also make you a more competitive candidate. Even if employers don't require a specific accountant certification, having one may help you stand out relative to other applicants.

    The most common certifications for accountants include Certified Public Accountant (CPA) and Certified Management Accountant (CMA).

    More About Certifications
  5. Research accountant duties and responsibilities

    • Manage preparation of the statutory financial statements and financial aggregates in compliance with IFRS and local applicable norms.
    • Manage personnel financial matters including salaries, taxation procedures and other relate issues.
    • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
    • Reconstruct and improve many balance sheet account reconciliations for easier reading and interpretation by senior level management.
  6. Prepare your accountant resume

    When your background is strong enough, you can start writing your accountant resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on an accountant resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose From 10+ Customizable Accountant Resume templates

    Build a professional Accountant resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Accountant resume.
    Accountant Resume
    Accountant Resume
    Accountant Resume
    Accountant Resume
    Accountant Resume
    Accountant Resume
    Accountant Resume
    Accountant Resume
    Accountant Resume
    Accountant Resume
    Accountant Resume
    Accountant Resume
    Accountant Resume
    Accountant Resume
    Accountant Resume
    Accountant Resume
  7. Apply for accountant jobs

    Now it's time to start searching for an accountant job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How Did You Land Your First Accountant Job

N

Nyarko Ananedavid

Accountant

My name is David Anane Nyarko and I would like to share my story about how I became an Accountant.

It all started in secondary school where I studied Business. I still vividly remember when the high school careers counselor presented to our class. She helped us to work through the range of career options we needed to consider as we embarked on our remaining years of prescribed education. She gave us some questions to discuss with our parents:

1. What are you really good at and love doing?
2. What are you good at but hate doing?

I discussed it with my parents and they also asked me what I intended to do or become in the future. I replied that I wanted to pay workers every month. Since my parents were not able to go to school, we all didn't know what it was until the next day at school when my tutor gave me the right word - Accountant. There I started learning the basics, principles, accounting concepts, and gained experience in the preparation of all accounts and learned the golden rule in Accounting.

After secondary school, I had a good grade so I pursued my education to obtain my Diploma certificate in Accounting course from ICM UK. This allowed me to get a solid foundation in Accounting principles, Financial Analysis, and taxation. I then pursued a bachelor's degree in Accounting with computing to gain more experience in the field while working as a bookkeeper in a financial institution.

I specialized in Management Accounting but I also love tax accounting. I began building a professional network by attending industry events, joining Accounting Associations, and connecting with professionals in the field. Networking can lead to job opportunities and mentorship.

I had an encounter with a kind individual who introduced me to an NGO called Compassion International, which focuses on helping the needy. Through this connection, I became an Accountant and worked with them for approximately 10 years, eventually becoming cluster Financial secretary and chairman of Accountants in the region. I learned that education alone is not enough, but networking with the right people is also crucial.

I continued my learning to stay updated on accounting regulations, industry trends, and technological advancements. Continuing education through seminars, workshops, or online courses is essential to maintaining expertise. I learned more online to grow in my career and gain more experience and expertise to become a senior accou

Average accountant salary

The average Accountant salary in the United States is $54,890 per year or $26 per hour. Accountant salaries range between $41,000 and $72,000 per year.

Average Accountant Salary
$54,890 Yearly
$26.39 hourly

What Am I Worth?

Loading...
Loading...
salary-calculator

How do accountants rate their job?

3/5

Based On 2 Ratings

5 Stars

4 Stars

3 Stars

2 Stars

1 Star

Accountant reviews

profile
A zippia user wrote a review on Jun 2022
Pros

Helping companies grow their business.

Cons

Working with companies that do not follow the GAAP guidelines.


profile
A zippia user wrote a review on Jun 2020
Pros

all finance transactions preparing finance reporting and presenting the yearly report to the managers

Cons

I don't like to work as a nonprofessional accountant


profile
A zippia user wrote a review on Feb 2020
Pros

Reporting to a CPA Controller or CFO, always learning and not micromanaged. Treated as a professional always.

Cons

Business owners that do not know or understand compliance and GAAP, or the patience to follow the rules... generally common in small companies.


Working as an Accountant? Share your experience anonymously.
Overall Rating*
Career Growth
Work/Life balance
Pay/Salary

Accountant FAQs

Search for accountant jobs

Loading...
Loading...

Accountant jobs by state

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Browse business and financial jobs