16/07/2021

Categories: Accountancy, Undergradute

Why the World will Always Need Accountants

Good at numbers? A whizz at analysis? If you want to turn your math skills into a lucrative profession, exploring accounting careers could be the right move for you.  

The University of Bolton’s BA Hons Accountancy degree is the perfect foundation for high-earning accountants in the making. Covering the latest accounting practices and theories, our programme offers essential training for entry into this truly prestigious global profession.

As well as being well compensated, this type of work has great longevity, especially as businesses embark on digital transformation.

When it comes to finding jobs that are stable income earners, the future of accounting jobs is promising. The world will always need accountants, and here’s why…

Accountants provide a ‘health check’

As an accountant, you will do more than just crunching numbers and tax filing. It will be your job to ensure an organisation is making profit and performing as expected. The work you do essentially delivers a ‘health check’ of a company’s accounts.

This means you provide invaluable insight, and actionable insight to help your employer or client make better business decisions.

Picture2 v52

Accountants spot problems before they happen

The devil is in the detail, and a finance whizz will know how to use these details to create patterns and trends for the future. Accountants and finance workers have the ability to save a company from the downturn, giving them vital data about what they’re doing wrong, and what they could improve on to nurture the bottom line.

Accounting careers will always be a stable choice of profession because of this, as the insights provided by a finance whizz are invaluable.

Accountants prevent bad audits

Audits can be a nightmare for businesses. Not only can they be disruptive to the workplace, but they can be a serious cause for concern when things don’t quite add up.

With the guidance and counsel of an accountant all year round, the dreaded audit can be avoided. While the rise of technology can make bookkeeping easier, nothing can replace the advice that a finance expert can provide. 

Essentially, an accountant is a long-term investment, one that can keep businesses fiscally sound. 

Picture3 v40

Accountants are human

Numbers aren’t fun for everyone. If you’re working under a highly creative CEO, finances may not be their strong point. A lack of interest can lead to a lot of problems and overlooked red flags, making the accountant’s job more important than ever.

No amount of technology or automation can help in this situation. Your job will be to find easy, digestible ways of presenting data, and adding that human element to the stats.

In a way, you’ll be selling the importance of regular performance reviews to senior teams, helping the entire company work more collaboratively and on the path to the same shared goals.

Accountants save time (which is money)

Although some of the legwork in your job isn’t rocket science, the real value is being able to save a business time. This intangible element is key, because other teams need to be able to focus on their main responsibilities in order to be productive.

This is why accounting careers will always have a place, and the future of accounting jobs will always be safe in the rise of technology.

 

Ready to explore the world of accounting careers with us? At the University of Bolton, we are No.1 in the UK for Teaching Quality and Student Experience for Accountancy & Finance Courses.*

To find out more about applying in September 2021, head over to our BA Hons Accountancy course page.

Or if you have further questions, please don’t hesitate to get in touch on +44 (0)1204 903 394 or admissions@bolton.ac.uk.

 

* The Times and Sunday Times Good University Guide 2021

myBolton

Download the app for your smartphone from:

Help Centre

We have the answers to your questions, find all the advice and support in one place.

Part of the University of Bolton Group

Bolton college
Alliance learning
Anderton centre2
Scheme Participant
RiSE pos rgb logo
TEF Silver QQA

Help Centre

We have the answers to your questions, find all the advice and support in one place.

Part of the University of Bolton Group

Bolton college
Alliance learning
Anderton centre2
Scheme Participant
RiSE pos rgb logo
TEF Silver QQA