10 Must-Know Pros and Cons of an Accounting Career

While a career in accounting might sound very lucrative, it does have its set of pros and cons. It’s not as much about the career, but it’s about whether it’s a right fit for you or not – because an accounting career requires certain traits, and it might not actually be for everyone.

Let’s start with discussing the various pros and cons of an accounting career in audit firms in Dubai.

-          A clear path: This career gives you the benefit of a clear path and you know exactly where you’re headed. Entering the accounting firm’s world is like entering a new world altogether, and there is enough to explore there.

-          Career Growth: You will witness a significant and steady growth if you choose to go for an accounting career.

-          Explore newer opportunities: It’s a field wherein you can always explore more and more – there is enough to learn, do, and grow each day.

-          Earning potential: Is relatively higher as compared to any other career, however, it’s not always all that rosy – it does come with hardships and a lot of hard work.

-          Job possibilities: This is one career which will never restrict you. There is a need for accountants and accounting firms everywhere – you can choose your work area!

-          Work can get dull: This is one of the biggest cons – if you aren’t really fond of numbers and playing with them, you’ll not be able to sustain this career. Genuine interest and love for the subject is what will keep you going!

-          Learning continues: Yes, you got a degree – but is that enough? Nope, not in the accounting world. Given the regular tax and law updates, you need to keep educating yourself and getting better at your job. There are lot of vat firms in Dubai, but you need to be up-to-date on the knowledge front.

-          It’s not a typical 9-5 job: Yes, this one keeps you on your toes – there are busy seasons, where you need to work round the clock to keep up the show, that’s just how life works in tax firms in Dubai.

-          Stress levels are high: In the accounting world, stress levels are high given the nature of the work – so are you ready to take up that stress? This should be a question to ask before you get into this, or it is sure to work as a con for you.

-          Tight deadlines: This career brings along with it tight deadlines and heavy schedules, so be prepared to battle it out!

Now, after knowing the pros and cons – you think you’re cut out for this?

If yes, check out TRC Pamco, a leading vat firm in Dubai who can help you out with all your accounting and consulting needs!

TRC Pamco – Vat Consultants in Dubai

TRC Pamco is a boutique consulting firm in the Middle East. We offer a wide array of accounting and auditing services including bookkeeping services, dubai freezone company formation, vat consultancy, financial accounting, management consultancy and advisory services. We have a team of professionals who are well-equipped and knowledgeable to make the entire process smooth for you. Our team assists you from the start to the end.

We are one of the best offshore company in Dubai, where we assist our clients in the formation of Offshore trusts, foundations and offshore companies across various free zones in the UAE and abroad. An offshore company is nothing but a legal business entity that operates out of its registered jurisdiction and/or in the location of where it will be ultimately owned. We work very closely with UAE banks to assist our clients to ensure the process remains smooth.

We understand that our clients must have timely and accurate financial information regarding their company and we strive to give them the best of the information, always, thus providing one of the most reliable bookkeeping services Dubai. We provide a full range of computerized accounting services, bookkeeping services for the companies in the UAE who require a proper and complete set of financial statements. 

We work in a very structured format where we track the improvements we bring about, and help companies align their resources, while freeing them from administrative and accounts related work. Our team of professionals are highly trained, experienced and have an in-depth knowledge about accounting and auditing pronouncements, which helps us stay on the top of our game, and making us one of the best VAT consultancy in uae and bookkeeping service providers in Dubai.

Additionally, we also engage with global regulators on business and regulatory issues, advising clients on how to effectively administer commercially successfully businesses, keeping in line with the laws and customs.