No one can argue about finance being the heart of anything we do. Managing money is the first step of wealth and there is no other job more demanding than handling that capital.
It is only through this activity that we can save and savor what we have earned. That being said, if you are passionate about managing finances, there could be nothing more demanding or satisfying than being an accountant.
It is one of the most respected career options; and on top of that, you will be the most needed individual in any business or household. Therefore, your financial state is also looking good with this job.
However, I am sure you are wondering about how long does it take to become an accountant. Because it is a complicated task if not wholly difficult. You might have to contribute a lot to your academy? Right?
Well, sit tight as all your questions will be answered in the excerpt below.
- 1 The Manager Of Money
- 2 Education Required
- 3 How Many Years Of College To Become An Accountant?
- 4 What Does CPA Do?
- 5 What Is An Accounting Clerk?
- 6 To Conclude
- 7 Is It Hard To Get An Accounting Job?
The Manager Of Money
Before we talk about how long it takes to be an accountant let us first discuss what accountants do in a little more elaborate manner.
What Accountants Do?
In simple terms, an accountant is responsible for caretaking and interpreting financial records. They handle a wide range of capital either of a household, business, or corporation.
They can have separate clients as individuals or can be hired by an organization. An accountant was traditionally called a ‘bookkeeper.’ However, an accountant and bookkeeper have significant differences.
A bookkeeper is responsible for managing the finances. Where an accountant’s task is not limited to the gathering but also interpreting and advising on the financial records. At least, a bachelor’s degree is required. The details will be discussed later when we talk more about, ‘how long does it take to become an accountant.’
Roles Of An Accountant
- Maintaining and preparing extremely important financial records.
- Providing guidance on better management of those finances.
- Analyzing financial operations to advise and suggest better practices about solving money-related problems, and progress efficiently.
- Forecasting the dangers and preparing for risks.
The two types of accountants are Auditing and Tax.
When talking about the education level for becoming an accountant, you will need a Bachelor’s Degree in Accountant. After which you will take a Masters’s degree with the direct subject or specialization. During this time, you can also learn some extra set skills through external sources.
How Many Years Of College To Become An Accountant?
The bachelorette degree in Accountancy takes four years. However, if you want to become a CPA which is a Certified Public Accountant, then you will require to have another year in your bachelorette degree.
Other than these, if you want to take a master’s degree after that, you can while working as an accounting clerk.
Now, there might be a few questions that are looming after you about the different designations.
Related Resources: How to Succeed in Math When Getting a Finance Degree
What Does CPA Do?
A CPA is a Certified Public Accountant. This person is an advanced financial advisor who is trusted with every intricate detail of financial reports. They have to deal with the entire auditing and taxing of an organization.
CPAs have the license that marks their credibility to take up big responsibilities like goals-saving for a new property; handling a multi-billion dollar company, or trying to open a new office.
This is full-time employment. So when talking about ‘how long does it take to become an accountant then remember you have to add one extra year to any degree you are planning to take.
What Is An Accounting Clerk?
An accounting clerk is the first step of becoming a full-time accountant if you are not going for CPA under your academic plan. Their work is to keep financial records updated, prepare reports, and analyze bank statements.
This is an excellent period for you to hone all the soft skills that are required to become a full-time accountant.
How Do You Become An Accounting Clerk?
You at least need to have an associate degree in accounting if not a bachelor’s. However, some companies will require a bachelor’s degree before they hire you.
In large organizations, the accounting clerks are mostly known as ‘bookkeepers.’
Career Steps To Accounting Clerk?
In addition to ‘how long does it take to become an accountant becoming an accountant clerk and going through its career path also goes through it.
- Basic entry-level data recording with accounts that are payable and receivable.
- Analyzing and calculating credit accounts, loans, and other capital databases.
- Preparing basic financial reports.
- Organizing previous financial data of the organization.
- Helping and assisting CPAs.
How Do I Get From An Accounting Clerk To Accountant?
If you don’t have a CPA degree, it might take a few years for you to get an accounting job. With hard work and good recognition in an organization, you can be promoted to a junior accountant.
But, in order to start early, it is advisable to have a five-year bachelor’s degree in accounting with a CPA.
How Long Does It Take To Become An Entry Level Accountant?
This falls under the same line as getting a baccecholerte degree in accounting. Which will take a total of 4 years. After that, you can get a master’s degree as some companies might need that as a requirement.
You should also acquire some skills in other related financial fields, and earn some certificates in advance which will help you get the job.
Now, we have covered all the questions related to ‘how many years to become an accountant.’ So, let’s come to the bigger question.
Is It Hard To Get An Accounting Job?
To be perfectly candid, it is not about getting the job but it is one of the most difficult positions to fill. The responsibilities are complicated and the industry is tough. When you deal with finance, there is no place for an error.
However, this is not to discourage you in any form. If you have the right state of mind, the right passion; education, and patience, you can definitely fill some shoes.
Hopefully, this article was able to answer all your queries regarding the big question of ‘how long does it take to become an accountant.’
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