Business Finances- A Key to Success

05/05/2022

To run a business successfully, you will need your accounts in order. If the last couple of years has taught us anything, it is that the demand for accounting services is not decreasing. At the start of 2021, there were 5.5 million small businesses in the UK. From this figure, around 90% of micro and small businesses reported having used an accountant in the last 12 months. This depicts the real opportunity for accounting and finance degree jobs in the UK. Taking a step into an industry where you know you can make a vital difference in the success of a business. After all, if a business’s finances don’t add up, it won’t succeed.

Let’s explore some key reasons why accountancy could be a great career choice.

Accountancy

Boost Your Earning Potential

For a graduate, the earning potential is a major benefit of accounting and finance degree jobs. Who doesn’t want to earn more money? A trainee accountant could be earning up to £25,000 per annum. Sound good? Accounting jobs give you the skills you need to enhance your career prospects and make a positive difference to businesses. Becoming an accountant means that you will handle the vital aspects of a company’s operations from general bookkeeping to managing assets; things that managers won’t do themselves but are crucial to success. But how can an accounting degree at the University of Bolton boost your earning potential? If you are looking for a solid career in accounting with this higher earning potential, you should be aware of the Association of Chartered Certified Accountants (ACCA) and its highly respected reputation in the accounting and business world.  At Bolton, our accountancy courses share a gold partner status with ACCA, which puts you in a strong position once you graduate as there is high demand in the industry for qualified accountants, increasing your employability.

Help Businesses Reach Long-Term Goals

Monitoring finances effectively allow businesses to manage their cash flow to help avoid future crisis points while still ensuring there’s enough capital to continue trading. As a business, there’s no worse feeling than having growth plans to scale your business but running out of money when attempting to execute them. As an accountant, you can ensure this doesn’t happen. Your continual management of pre-planning and working on a company’s available capital will ensure that they reach their long-term goals without fail. As a graduate in your first accounting job, you can enjoy the opportunity to make a positive difference to businesses and put them on track for success.

Accountancy Degrees

Accounting Degrees at the University of Bolton

At the University of Bolton, our BA (Hons) Accountancy courses will help you start this rewarding career journey. The course offers you endless career opportunities, giving you the skills you need to excel in a range of financial or management graduate accounting jobs. Our students love life at Bolton; this is one of the reasons why our courses were voted 1st in the UK for Course Satisfaction*. We are proud to offer a supportive learning environment you need to complete your studies, giving you the best chance of obtaining an accounting job.

If this sounds interesting and you would like to learn more about the accountancy courses we have to offer, you can give our advisory team a call at +44 (0)1204 900 600. Alternatively, you can send us an email at enquiries@bolton.ac.uk. We would love to hear from you! Click here to see our available courses.

Come and experience #UniAsItShouldBe and join the happy Bolton family.

*The Guardian University Guide 2022

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QQA Scheme Participant