Accounting is One of the Best Flexible Roles in 2024 - And Pays Well (2024)

FAQs

Is accounting a good career in 2024? ›

Accountants claimed the top spot in FlexJobs' 2024 ranking of the top remote jobs in the U.S., thanks to increasing demand for these skilled professionals across several industries, including finance, health care and government.

It's highly flexible

Whether you want to work in fashion, politics, sport or business – accountancy could be your route in. The skills you gain when you study accountancy turn you into a highly sought-after finance professional who can work across teams and in strategic, diverse roles – all the way up to the boardroom.

As most work is housed digitally, an accountant can opt to perform duties from home or at the office. However, accountants have to deal with varying or inconsistent hours during busy periods, like the end of fiscal years and tax seasons.

The lucrative salary is based on demand and makes accounting one of the best business jobs. "Few fields are as fertile as the domain of accounting," said Robert Valli, former dean of the LIU Post College of Management in Old Westbury, N.Y., who added that accounting is, in his opinion, recession-proof.

Accountants' Demand Keeps Growing in 2024

Nowadays, the accountant demand in 2024 has changed. They can become partners and help their partners navigate strategic financial regulations. They can also help organizations in making decisions and driving growth.

Stress is a common issue among many professions, and the field of accounting is no exception. According to a recent study, accounting is among the top 10 most stressful jobs in the world.

For instance, you might explain that your skill development makes the challenges and analysis of financial data interesting and exciting. You might also describe specific challenges that required you to rely on a specific skill like applying mathematical formulas to help solve a problem.

Higher starting salaries with other majors was the top reason why non-accounting majors who had considered the field decided against it, according to a survey of nearly 500 students this spring by the Center for Audit Quality, an industry group.

Is accounting hard to break into? ›

How Hard Is It To Become An Accountant? Becoming an accountant isn't as easy as simply announcing that you are one, but it isn't as difficult as you might think, either. The subjects you must master can be challenging and intense at times, but if you put in the time and effort you'll do just fine.

Accounting majors have a great deal of flexibility, especially since the major covers accounting, business and finance. And, once an accounting student graduates, there are a vast number of options and career paths from which to choose.

Accountants are underpaid. Accountants lack the confidence to charge amounts that will make them profitable while responding to every email and phone call within a reasonable time frame. To be more responsive, an accountant needs either fewer, but higher paying clients or staff. Either way, clients need to pay more.

Accountants made a median salary of $78,000 in 2022. The best-paid 25% made $101,150 that year, while the lowest-paid 25% made $60,920.

Over the last few years, we've had fewer and fewer clients asking us for help finding bookkeepers. That's changed in 2024. Demand for bookkeepers has come roaring back but with a few notable differences from previous years.

No, accountants won't be gone in the future. The role of accountants is expected to evolve with the integration of AI but not become obsolete.

The Bureau of Labor Statistics projects 4.4% employment growth for accountants between 2022 and 2032. In that period, an estimated 67,400 jobs should open up. An accountant is a person who keeps or inspects financial records. These professionals are organized and detail-oriented.