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Do you think accounting is just about crunching numbers? Or rather do you think it is a boring job? Then you’re highly mistaken! That’s because accountants can find themselves working in some really cool jobs too! They are a part of the forensic investigation department, they travel to different parts of the world for International Financial Reporting and also manage the balance sheets of famed sportspersons!
Accounting is more than what meets the eye
Though there are virtually a vast number of specialized fields an accountant can choose from, the fundamental skills for each one of them remain the same. So if you’ve taken up a professional course in accounting, some of the prominent roles you can look forward to include forensic accounting, sports accounting, international accounting and corporate entertainment accounting. Wondering what they really are about? Let’s find out guys!
You must be thinking that the word forensic here means investigating crime scenes. Well, you’re partially right! As the name suggests, a forensic accountant helps in uncovering cases of fraud filing and embezzlement by analysing financial information. Armed with the knowledge of accounting and law, forensic accountants must also have keen analytical and problem-solving skills.
Accounting students can opt for professional certification courses to begin their career as forensic accountants.
Source: Robert Half
Are you passionate about the sports industry? Do you live and breathe for the game, and have amazing problem solving abilities? Then sports accounting can be your calling.
From managing team accounts, planning budgets to playing the role of a merchandize accountant to maximize the revenues, this job is as action packed as the game on the field.
If you don’t have any prior experience in sports, taking up a relevant part time course or even an apprenticeship with a sports accountancy firm can help you make an entry into the field of sports accounting.
Source: The Daily Beast
Corporate entertainment accounting
Always wanted to meet your favourite celebrity? Or visit your favourite film production house? Well here’s your chance! Corporate entertainment accounting might not put you in the spot light, but it’ll offer you equal opportunities to prove your talent with numbers. Showbiz accountants can become personal accountants to celebrities. These accountants are required to perform audits, file taxes, and take care of budgeting and financial planning for entertainment firms and companies.
A relevant accounting course can help you start your career as a corporate entertainment accountant. Advanced Excel courses and other short term upskilling courses can help in boosting your salaries too.
While localized knowledge is helpful in accounting, companies also rely on accountants well aware of global accounting practices. Accountants who specialize in international accounting standards are hired by companies to look after their global financial transactions and dealings.
It’s a good idea to choose an elective subject in your accounting course to gain knowledge about international accounting. A certification course in IFRS can add weightage to your resume for an international accounting role.
Chief financial officers
The final step for every accountant is to become the CFO of their dream company. A CFO heads a team of accountants that perform accounting, treasury, risk management and related financial functions.
Becoming a CFO is a road that expects you to have broad financial experience along with sound management and customer service skills. If you have leadership qualities it’s an added advantage.
Accountants can do an MBA in banking or CPA and constantly upskill through online training programs to speed up their journey of becoming a CFO.
Enjoying a career as an accountant
Doing a short term course to specialize in the accounting field of your choice can help you merge your skills and passion. For instance, if you like sports and are good with numbers, becoming a sports accountant can be the thing for you.
Another added benefit of doing super specialization in an accounting field is it lets you build your own brand and create a name for yourself in the industry. So you end up getting an upper hand on the competition.