5 Reasons to Consider a Career as a CPA
Certified public accountants (or CPAs) have a reputation for being both highly competent and well-compensated. But the alluring salary and acclaim associated with the CPA credential are only a small part of why becoming a CPA is a wise career move. Here are five reasons why you should consider a career as a CPA:
1. Varied Career Prospects
The most attractive aspect of becoming a CPA is the diverse career possibilities it presents. With the CPA credential, you can confidently pursue a career at a public accounting firm, a corporate accounting office, a government agency, or even in private practice. Additionally, the CPA credential is applicable to a wide array of career specialties such as forensic accounting, corporate finance, taxation, and financial auditing. No matter what path you choose, you’ll benefit from the knowledge and qualifications provided by CPA certification.
2. Extremely Marketable Skills
As a CPA, you’ll possess a collection of innovative and in-demand skills, such as financial analysis, financial statement preparation, auditing, taxation, and bookkeeping. These are highly sought-after traits, particularly in mid-sized and large-sized firms where money management is essential and internal auditors are valued highly. CPAs are well-rewarded for their talent and skill, with salaries that may exceed those of non-CPAs.
3. An Opportunity to Help Others
When you become a CPA, you can make a real difference. For instance, you might develop and deploy financial systems for organizations and corporations—including those in the public sector—to ensure ethical and effective money management. Additionally, CPAs can assist individuals by navigating the complexities of tax law and confirming that individuals receive the benefits to which they are entitled.
4. Generous Income
The CPA credential is especially attractive for those who appreciate financial rewards. According to the Bureau of Labor Statistics, the median salary for CPAs is $72,500, with the top 10 percent of earners making more than $122,950 a year. Moreover, many employers offer CPA candidates excellent benefits packages to supplement their earnings potential.
5. Achievable Work-Life Balance
Though it may not be the first thing that comes to mind when it comes to CPAs, the CPA credential can actually provide the opportunity to achieve a balanced lifestyle. Many CPAs specialize in one area—such as forensic accounting, financial auditing, or corporate finance—which can let you build a career while still being able to enjoy life outside of work. Alternatively, CPAs may choose to work as contractors, which can allow for even more freedom.
Becoming a certified public accountant (CPA) is a smart decision for your career and your life. CPAs benefit from diverse career prospects, a collection of marketable skills, the ability to make a positive difference, a generous income, and even a good work-life balance. If you’re searching for a fulfilling career with plenty of potential for advancement and job security, a career as a CPA could be just what you’re looking for.