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SECTOR SNAPSHOT SECTOR SNAPSHOT
Despite the ever-changing economic climate, the demand for skilled accounting professionals remains robust. As businesses of all sizes rely on accurate financial data, your expertise in this field becomes invaluable.
Accounting goes far beyond just bookkeeping, though. Accountants are also expected to help assess business risks and provide strategic insights to companies. This is a world where attention to detail and analytical prowess can unlock a wide range of opportunities.
Employer Clients Perks
Public accounting and professional services firms such as the “Big Four” (Deloitte, EY, KPMG, and PwC) are some of the biggest employers of accounting graduates.
However, for those looking for more specialised work, you can also find in-house accounting positions with employers of all stripes - from large corporations to small- and mid-sized firms; or public sector and non-profit organisations.
Jobs with professional accounting firms require catering to large clients like listed companies and multinational corporations (MNCs). You will need to fulfill their financial accounting needs by providing important financial information publicly to investors, creditors, and regulatory bodies.
In-house accounting roles, on the other hand, require you to help organisations make sound financial decisions while complying with governmental regulations.
The accounting profession is famously known to be almost recession-proof, and promises good exposure for future entrepreneurial pursuits as well as numerous options for specialising in a chosen field.
Long working hours can be common during the tax reporting period at the end of companies’ financial years.However, due to the seasonal nature of the industry, you can usually predict high or low seasons ahead of time and plan your schedule accordingly.