Choosing the Right Career


Exciting

Wouldn’t it be great to be in a career that you love, doing exciting things and feeling like you made the right choice every day? It can be stressful to make that decision, or even start thinking about it. Most young school leavers feel pushed to make a choice so early, and feel they will be trapped in what they choose forever. But that is not the case, most people change careers two or three times in their lifetime. So making a change when you’ve realised you don’t like a career, or like something else better, doesn’t have to be the end of the world.

Purposeful

For many millennials, the predominant factor is finding work that is purposeful. You know, that thing that makes you get up in the morning, the passion for accomplishment. There are a few steps you can take to narrow down the surprising amount of choice in front of you.

  1. Find what you’re passionate about? What do you find yourself thinking about or doing in your spare time? Maybe you actually really like maths class, or you enjoy writing songs or poems.
  2. What are you actually good at? Be realistic about it, but also realise that most things get better with practice. Keep at it!
  3. Do one of those career quizzes, it could tell you something you don’t know; such as this: http://joboutlook.gov.au/CareerQuiz.aspx
  4. Try an internship or ask for advice from someone in the field. Internships can be excellent ways of finding out the reality of the job and if you do really enjoy it.
  5. If all else fails, take some time to figure it out. Taking a gap year and working a temporary retail position can give you the time to see what you are passionate and interested in. Maybe you’ll even enjoy the retail work and aim for a managerial job?

Career

If you find an interest in a not-so-mainstream career path, make sure to plan how to get there. Being an artist or musician or poet (stereotypical alternative pathways) can still work out better for you than a corporate/retail position. You may even make it into a business.

If you want to start a career but aren’t ready for university, we offer short courses in business, accounting and management.

For those of you who want to be leaders; are good at maths; or want to make their passion into a business.

Here’s our course catalogue: https://lindencollege.edu.au/faculty-schools/course-catalogue/

The Accounting Industry: What it’s like.


The Accounting Industry

There’s been talk that the accounting industry might be declining thanks to technological advancements. But this is simply not true. Accounting has too many complexities and intricacies for a machine. Most individuals and every company in every industry needs an accountant.

There are many different types of accountants, and many different area to work in. Some examples include – accounts administrators, reconciliation clerks, accounts payable, accounts receivable, bookkeepers and SMSF administrators.

Then there are accountants who work in accounting practices. These accountants have roles  such as – auditing (who examine company’s financial statements), management accounting, taxation advising or business services. Business services accountants work across all areas of accounting consulting to small business and individuals.

Some accountants are consultants, who help businesses with their decision making, or in specialist tax areas, like film production. Other accounting roles include forensic accounting – which involves fraud prevention and detection; cost accountants, project accountants, as well as analysts.

There are unique areas like environmental accounting, which involves analysing the environmental impacts of business such as the financial damage from ecological disasters.

Do you have a particular interest in an area outside of accounting?  You could combine your passion with work as an accountant within areas – such as a sports or music company. There are also industry specialisations, such as SMSF accountants and Real Estate Trust Accountants.

What Do Accountants Do?

The accounting industry is diverse. Accountants prepare reports, analyse, and assess on many various financial or tax items, which yes, does include tax returns. They also interpret and apply regulation, as well as keep up with ever-changing legislation. A good accountant is adaptable, diligent, committed and detail-orientated. Some accounting positions can be stressful, with tight deadlines. Mostly, accountants also need to be affable, as they work with people.

From our CEO – What do you like most about the accounting industry?

The most interesting thing about the accounting industry is the people you meet. Definitely, its the people, you meet new clients and catch up with old clients. You learn about their life, their family, their business, their investments, their goals and objectives.

Then it’s the problem solving. How can I help this person meet their goals and objectives, how can I help them save on their taxes, is their business tracking well?

Knowing that you can’t please everyone all of the time is important. Knowing that you are helping your clients and getting positive feedback is the ultimate goal for any accountant.

To move up in the accounting ranks;

You can begin an accounting career with a Certificate IV in Accounting and develop the skills and knowledge to move ahead. With a Certificate IV in Accounting your career will commence with jobs such as an accounts clerk, payroll clerk, accounts clerk, bookkeeper or assistant accountant.

Starting with a Certificate IV in Accounting is also a great way to springboard into university with a little prior knowledge. There are many professional associations in Australia including the Australian Bookkeepers Network, Association of Accounting Technicians, and the National Tax and Accountants’ Association.

If you would like to find out more about our Certificate IV in Accounting phone us on 1300 228 338 or complete the contact form and one of our staff will respond to you as soon as possible.

 

Accounting Career Under the Microscope


If you are considering or starting an accounting career? Then you will need to understand the accounting career pathways. In this article, we explain some accounting career choices by putting Accounting Career Under the Microscope.

What is an accountant

If you think accountants are only boring, bean counters or poor old pencil pushers sitting alone at in a small cubicles, then you’d be mistaken. Accounting is a fairly social profession with many different streams.

OK, perhaps being an accountant isn’t always social. It is a serious job. Then again, no job is completely social. Let’s think about it for a moment. Because, in today’s world we network, use social media and go to meetups, no accountant is going to hide in a cubicle.

So just where do accountants work?

There are so many different streams of accountants. We thought it best to start with where accountants work. With so many streams to choose from, people with accounting careers in accounting practices, business, industry, government, education and IT.

Personal characteristics

If you are considering an accounting career, then you may possess:

  • a need to learn new things
  • embrace technology and innovation
  • outstanding work ethics
  • leadership potential

Which qualification is best for me?

This is a not as straight forward as you might believe. The following table matches the qualification to a job role. You can use this table as a guide to choose your course.

Certificate III Certificate IV Diploma Advanced Diploma
Accounts Clerk

Payroll and Accounts Clerk

 

Accounting Support Officer

Bookkeeper

 

Assistant Accountant

 

Accountant

Tax Agent

 

What is the accounting career outlook?

The job outlook to 2020 appears good for those considering an accounting career. According to myskills.gov.au, the demand for accountants, with a Certificate IV in Accounting is above average. The demand for accountants with a Diploma in Accounting or an Advanced Diploma in Accounting is high.