Last updated date: 8 August 2023 By : Rajesh

5 Reasons Why a Career in Accounting and Bookkeeping is the Right Choice For You

If you are not sure what you want to do with your life, but still want a good career that can provide financial security, then the answer is simple: A career in Accounting and Bookkeeping.
In Australia, there is a great need for accountants and bookkeepers, and this need is only growing. Why? Because all businesses—large, medium, and small—need to maintain control over their finances, and not only are more business owners realizing this, but more Australians are deciding to launch new businesses every single day.

Each year, there is a demand for more than 10,000 bookkeepers in Australia alone.

Any business career benefits greatly from having a degree in accounting. An accounting degree gives you a strong foundation in general business principles and in-depth knowledge of financial regulations, accountability, and reporting, regardless of whether your career goals are to work at the highest leadership levels in an organization or launch your own business.

Moreover, accounting is also known as one of the most trustworthy professions, and accountants are respected business professionals. Wherever you work, people will come to you for advice and will value your opinion when making business decisions.

Additionally, a career in accounting or bookkeeping has the potential to be very lucrative. The average salary for an accountant in Australia is $92,529. This is in contrast to the average full-time wage in Australia, which is $68,250.

So, how do you go about becoming an accountant or bookkeeper?

The first step is to find the most suitable course for you.

One of the most popular bookkeeping courses available today is Certificate IV in Accounting and Bookkeeping.

This course will teach you everything you need to know about accounting – from double-entry bookkeeping to payroll management – so that you can make an informed decision on where your skills lie.

This certificate course is the perfect choice for those looking to start a career in bookkeeping. The course provides students with the skills and knowledge necessary to perform essential accounting and bookkeeping tasks, including preparing financial statements, maintaining ledgers, and completing tax returns. Certificate IV in Accounting and Bookkeeping is a one-year program that can be completed online or through on-campus classes.

Students who complete Certificate IV in Accounting and Bookkeeping will have the skills and knowledge to :

a) Prepare financial statements

b) Maintain ledgers

c) Complete tax returns

d) Prepare business activity statements

e) Advise clients on record-keeping requirements

f) Liaise with clients, government agencies, auditors, bankers, and other professionals

Why Should You Study Certificate IV in Accounting and Bookkeeping?

There are many reasons why you should study Certificate IV in Accounting and Bookkeeping.

Here are five of the most important ones:

1. It will give you a strong foundation in accounting and bookkeeping principles and practices.

2. You will learn how to use accounting software programs, which are essential tools for any accountant or bookkeeper.

3. The course will teach you how to prepare financial statements and other reports, which are essential for any business.

4. You will gain practical experience in accounting and bookkeeping, through work placements or internships.

5. The qualification will open up doors to many exciting career opportunities in accounting and finance.

After completing a Certificate IV in Accounting and Bookkeeping, there are many different paths you can take in your career. You could become an accountant or bookkeeper for a small business, work in accounts receivable or accounts payable for a larger company, or even start your own accounting and bookkeeping business.

No matter what path you choose to take, you will be able to use the knowledge and skills you learned during your certificate program to succeed in your new career.

Want to explore a career in Accounting and Bookkeeping? Blue Lotus College specializes in accounting, bookkeeping, and business training, but we also provide career-oriented skills training that will get you hired for your dream job in no time.