Saturday, October 12, 2019

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!

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