Accountants have been said to be some of the most serious, no-nonsense, white-collar professionals around. And to be honest, they’re also reputed to be quite boring people who lack imagination. This is actually a fallacy because many people with lively creative minds and personalities choose to be accountants. And why? Because they’re smart and they realise that as accountants, they will never run out of job opportunities.
Here at SEGi College Sarawak, we’d like to explain why Accounting is such a necessary profession held in such high regard, and why a career in it will bring you great rewards.
Mandatory Accounting for All Businesses
Every single business registered in Malaysia is required to do financial reporting in accordance with Malaysia’s accounting standards issued by the Malaysian Accounting Standards Board (MASB). It is mandatory for all companies registered in the country to prepare annual statutory financial statements which must be done in accordance with the approved accounting standards established by MASB.
Who do you think does this? Yes, the Accountants. So for as long as the economy exists in Malaysia, you’ll never run out of work.
The Impact of IR 4.0 on the Accounting Field
The Fourth Industrial Revolution (IR 4.0) has changed the landscape very favourably for accountants everywhere. Gone are the days when accountants had to slog through miles and miles (or kilometres and kilometres) of numbers to prepare sound financial statements for the benefit and longevity of their respective employer companies because IR 4.0 has made it so much easier for accountants to do their work with the help of the Internet of Things (IoT) through advanced software and applications.
Think, “This work is easy!”
A World of Career Opportunities
Accountants are one of the most respected and revered professionals, and this is all over the world, not only in Malaysia. Accountants can choose to be committed to individual companies, be freelancers for multiple companies, and also teach.
This means that the world is your oyster, and all you have to do is decide how you want to practise Accounting. It’s as easy as ABC.
So there you have it. If you’re thinking of becoming an Accountant, let’s just say that you’ll never run out of options.
Call us today at SEGi College Sarawak and we’ll get you started on your journey as an Accountant. We promise you’ll never look back.