Why now is the time to move careers to bookkeeping and accounting (from a Chartered Accountant)
Note from Rebecca: if you are looking for a bookkeeper or accountant feel free to get in touch at info@eccounting.uk
There has never been a better time to move to bookkeeping and accounting as a career choice.
Deciding when to switch careers is a highly personal choice, and what might be the best time for one person may not be ideal for another. However, there are a few general factors that could make now a good time to consider a career switch to bookkeeping and accounting:
Growing Demand: The demand for bookkeepers and accountants is generally steady, and businesses always need professionals to manage their financial records. As businesses grow, so does the need for skilled individuals to handle their financial transactions.
Remote Opportunities: The rise of remote work has opened up more opportunities for professionals in various fields, including bookkeeping and accounting. Many tasks in this field can be done remotely, providing flexibility and potentially expanding your job options.
Technology and Automation: While automation is changing the nature of many jobs, it is also creating opportunities in fields like accounting. Technology has streamlined many accounting processes, but human oversight and expertise are still crucial. Learning how to use accounting software and staying updated on industry trends can make you a valuable asset.
Education and Training Availability: There are numerous educational resources available online and in-person to learn bookkeeping and accounting skills. Whether through online courses, certifications, or degree programs, you can access the training you need to make a career switch.
Transferable Skills: If you have skills from your current career that are transferable to bookkeeping and accounting, you may find it easier to make the switch. For example, attention to detail, organization, and analytical skills are valuable in both accounting and many other professions.
Career Growth: Accounting and finance are fields that offer opportunities for career growth. You can start as a bookkeeper and work your way up to higher-level positions such as certified public accountant (CPA) or financial manager.
Stability: Financial stability is often a key consideration when changing careers. Jobs in accounting and bookkeeping can provide a stable income, especially if you work in industries that have consistent demand.
It's important to note that while these factors may make now a good time for some individuals, personal circumstances, market conditions, and individual goals should also be taken into account. Before making a career switch, it's advisable to research the specific requirements for the field, seek advice from professionals in the industry, and consider acquiring relevant certifications or qualifications to enhance your chances of success.
Пікірлер: 25
Great channel with good, informative content! I’ve been considering switching careers lately and the idea of the flexibility and being able to work from home etc really appeals to me (disabled so it would work perfect). These videos have certainly helped me make my mind up so thank you! On the lookout for an online entry aat course as we speak
@RebeccasFinanceTutorials
6 ай бұрын
Excellent well done Lewis on your search and that's fantastic feedback thank you. If you have any other questions along your journey here just let me know x
Hi Rebecca. I love your channel - it has been a great help for me so far. I'm 26 and have just left the military after 5 years. I have a degree (in an useless subject lol) and want to become an accountant. I'm feeling unsure what my best next steps will be. Should I apply for a accounting trainee program at companies and see what they say, or would you recommend doing my AAT levels 2, 3 and 4 and then applying. Last question, so after doing AAT levels 2, 3 and 4 - would I be considered a qualified accountant at that point? Any help you can offer would be most appreciated. Thank you
@RebeccasFinanceTutorials
2 ай бұрын
Hello there so firstly thank you for reaching out and amazing that you are considering a career in accounting. Secondly yes after completing aat level 4 you will be a qualified accountant and lastly definitely search for local accountancy firms and reach out to them through LinkedIn or other means to see if they are looking for a new hire as many will be
Hi Rebecca, another great video! I would your advice on something - I want to run my own practice eventually. It was my plan to study AT lv 3, then start a bookkeeping business while studying lv 4 and then providing full accountancy services. I am a little worried about lacking practical experience as I plan to self study at home. Alternatively I could persue an apprenticeship with a practice and then gain experience as I study but I worry this will take longer. What are your thoughts on this? (I would love to hear any advice you have). Thank you :)
@RebeccasFinanceTutorials
8 ай бұрын
Hi Lee I would say getting that practice experience is really going to help you, not just from a point of doing the work but understanding AML and the HR side of running a business as well as the other aspects such as insurance etc. It can also assist with how to deal with clients and the type of clients you want to work with as well as billing and credit control internally too so if there is the opportunity to work in practice even for a couple of years I would take this up. I mentioned in an earlier comment that I have set up a landing page for employers and students / professionals to register their interest in obtaining a role as I am doing my best to put employers and candidates in touch with one another from those within my own network who run their own firms x here is the link in case you have not seen this: missfinancetutorials.podia.com/cc94d74d-b124-4831-8886-079bf01fe00e
@lee-wood
8 ай бұрын
@@RebeccasFinanceTutorials Thank you so much for the quick reply. I have run my own business prior to changing to accountancy so I am comfortable with those elements, however I agree the practical experience could be very valuable. Thank you again for your reply. Lee
Hello there, firstly thank you for your informative videos you put out there. Can you please give me your opinion. With someone who has only got GCSEs and no A levels what is the course of action you would take? I read some other comments where you need to do level 3 accounting and not only level 3 bookkeeping if you want to be a qualified bookeeper. What institutions would you go for and how to get work experience as many employers require this. Apprenticeships wont offer the apprenticeship role if you already did the course. This is coming from someone who has no knowledge or experience in the field. Also would you recommend this field to someone who is not too into number but don’t mind?
@RebeccasFinanceTutorials
Ай бұрын
Hello there well firstly you don't need to be too much into number grinding as its most important that you can problem solve above anything else :D I would highly highly recommend looking on the AAT website for an approved employer and for an apprenticeship role firstly with the AAT or ICB as getting that experience is absolutely key and will also ease you in to see if you really like the industry. Keep firing away with questions if you are not sure or have any others as I am happy to help.
Hi Miss Finance. I am currently debating whether to go into accounting or tax. I feel more drawn towards tax but get the impression that there is much more work in accounting. Based on your experience in the industry, am I completely off the mark on this?
@RebeccasFinanceTutorials
7 ай бұрын
Hi Gordon I would honestly say it's 50 50 and there are plenty of opportunities in both. I love tax and I would have pursued a career in tax in another life as it can be incredibly interesting. I would say as a starting point go on indeed and Reed and have a look at the types of jobs and salary in tax and gain a better understanding of the differences between the two. What I will say is if you pursue purely accounting you can always specialise in tax at a later point x
Which bookkeeping course would you recommend for someone wanting to enter the field?
@RebeccasFinanceTutorials
8 ай бұрын
Hi Chocolatecheppeh I would highly recommend the ICB - here is a link to their qualification: www.bookkeepers.org.uk/
Hi, I am currently studying for for AAT Level 3 in Bookkeeping, I have passed my level 2 in Bookkeeping. Do I need to study for the accounting Level 2 and 3 or is bookkeeping qualifications sufficient. Will I have to study the level 2 in accounting or could I complete the full qualification at Level 3. I am not working in the industry at the moment. Many thanks
@RebeccasFinanceTutorials
8 ай бұрын
Hi Jan I would say it is sufficient and I would continue to study on AAT level 3 x
@RebeccasFinanceTutorials
8 ай бұрын
Hi Jan also I would if you haven't yet taken a look at the online job roles available on the AAT it might be worth a look here: www.aat.org.uk/apprenticeships/becoming/find-an-apprenticeship
@RebeccasFinanceTutorials
8 ай бұрын
I am also undertaking a huge project at the moment to put employers and potential candidates in touch with one another so if you want to register your interest, then you can do so here: missfinancetutorials.podia.com/cc94d74d-b124-4831-8886-079bf01fe00e
@eskhaphey2873
8 ай бұрын
From my knowledge you would need AAT Level 3 in Accountancy to get qualified bookkeeping status (a little bizarre I know). It was explained to me as once you complete AAT Level 3 Accountancy (rather than just bookkeeping) you get AATQB. Though I'm guessing that the accounting version includes a little more in relation to accounting than the bookkeeping version, but not enough to require a higher qualification to it. Back in 2020 I wanted to fully into accountancy, so went that route. Due to bad experiences in an accounting firm, I am much happy having completed AAT Level 3 in Accounting and gaining AAQB and made the decision to not take my studies further. Much happier stopping after Level 3 and having AATQB than I would have been taking it further. Hope that insight helps XD
@janprice4162
6 ай бұрын
Many thanks for the link, unfortunately it does not.@@RebeccasFinanceTutorials
Great informative video. Is there a threat from automation?
@RebeccasFinanceTutorials
8 ай бұрын
Hi hun no if anything automation is simply replacing manual input of invoices for instance and assisting with reconciliation which is allowing bookkeepers and accountants to focus on providing commercial guidance and a better overall picture of business performance x
@CT-ec6vh
8 ай бұрын
@@RebeccasFinanceTutorialsThank you for clarifying. Keep up the good work. It’s very helpful to all
Hi, I have recently completed AAT levels 2 and 3, and have started level 4. However, i have no experience of bookkeeping or accountancy. It seems most jobs out there require experience. What is the the best way to get into the industry? I was considering offering my services for free in order to get some knowledge.
@RebeccasFinanceTutorials
8 ай бұрын
Hi Rob I wouldn't recommend offering your services for free and instead register your interest for a role here on my podia online platform. I am currently undertaking a huge project to put employers and candidates in touch x missfinancetutorials.podia.com/cc94d74d-b124-4831-8886-079bf01fe00e