In recent years Accountants and Book-keepers have been becoming ever more sought after. This has given rise to improved career progression, increased salaries and heightened job security. All of this has happened during a largely worldwide economic downturn, recession or credit crunch, aside from the lucky few. The likes of China and Brazil in South America are some of the lucky few that seemingly managed to buck the trend and experience real economic growth during the same period.
So how did the Bookkeeping and Accountancy professions manage to thrive during these harsh times you may ask? There are a few schools of thought on this, some of which are intrinsically linked to the economic downturn...
During harsh times companies generally look to see where they can make savings and cut backs, and they look to identify where these cuts can be made, the Bookkeeper or Accountant can be a valuable asset in their quest identify where the company is bleeding money, and where most of the outgoings of a company are being spent or if they are even needed. This is just one school of thought. Another is that during times where unemployment rises there are more people seeking new opportunity's, giving rise to an increase in start up companies. All companies need someone to take care of the accounting and bookkeeping, whether it is done in-house or outsourced it has to be done for the company to run efficiently.
On the flip side during economic growth there are also a large number of new start ups and companies expanding there work force which generally means more accountants are required to take care of the increase in all areas of the businesses income and outgoings noticeably payroll being a factor.
So in short there has never been a better time to train to become a qualified Bookkeeper or Accountant as it is one area that will always be in demand no matter what the economic weather..
One of our websites learn-accounts.com offers a wide range of online training, certification & qualification courses. The online training courses offered on the website are ideal for people at any stage of their bookkeeping or accounting journey. They cover things like the basic accounting principles, credits & debits, financial risk management & analysis, accounts payable, assets vs liabilities and a whole lot more.
We also offer online Excel training courses, Sage training and qualification courses, CIMA (Chartered Institute of Management Accountants) training and qualifications, as well as Quickbooks and many more..
If you are considering a career in either or both disciplines there will definitely be plenty of job opportunity's available, for the foreseeable future, no matter which way the economy tips..
To get on the right path and get your journey into a secure career started visit http://learn-accounts.com and get yourself an extremely affordable qualification under your belt, there has never been a better time to start!
Small business owners need to prioritize accounting and other financial management related tasks. After establishing the business and getting the very first clients, it is time to start preparing accounting ledgers. Never ever stuff the first few bank statements and invoices in a shoebox or ignore electronic financial statements.
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