Why Consider A Career in Public Accounting?

Posted on Wednesday, May 10, 2023

Choosing a career in public accounting or the private sector depends on your personal preferences, career goals, and the opportunities available to you.  However, there are several reasons why someone may consider a career in public accounting.

Professional Development

CPA firms often provide excellent opportunities for professional growth and development. Working in such an environment can enhance your accounting and financial skills, expand your knowledge base, and keep you updated with the latest industry practices and regulations. You'll have the chance to work with experienced professionals who can mentor and guide you in your career.

Variety of Clients

CPA firms typically serve a diverse range of clients, including individuals, small businesses, corporations and nonprofit organizations. This variety allows you to gain exposure to different industries, business models, and financial challenges. It can be intellectually stimulating and provide you with a broad perspective on accounting practices.

Challenging Work

Accounting and taxation can be complex and demanding fields, and CPA firms often handle intricate financial matters. Working in a CPA firm can offer you challenging assignments and projects that require problem-solving skills, attention to detail, and critical thinking. If you enjoy intellectual challenges, a CPA firm can provide a stimulating work environment.

Team Collaboration

CPA firms usually have a team-oriented work culture where collaboration and knowledge sharing are encouraged. You'll have the opportunity to work with colleagues who share similar professional goals and interests. This collaborative environment can foster personal growth, build strong relationships, and provide a supportive network.

Career Advancement

CPA firms often provide clear paths for career advancement. They may offer opportunities to take on greater responsibilities, progress to managerial positions, or specialize in specific areas of accounting or taxation. Many CPA firms also support their employees' pursuit of advanced certifications or further education, which can enhance your professional credentials and open up additional career prospects.

Stability and Job Security

CPA firms are typically well-established entities that provide essential financial services. Accounting and taxation are fundamental needs for businesses and individuals, ensuring a relatively stable demand for these services. By working with a reputable CPA firm, you can enjoy greater job security compared to other industries that may experience more volatility.

Work-Life Balance

While the accounting field can involve busy periods, such as during tax season, CPA firms often strive to maintain a healthy work-life balance for their employees. They understand the importance of work-life integration and offer flexibility in scheduling, remote work options, and benefits that support employee well-being.

These are just a few potential reasons why someone may consider working with a CPA firm. It's important to research and evaluate specific opportunities to ensure they align with your career goals, values, and aspirations.  Ultimately, the decision between public accounting and the private sector depends on your personal and professional goals. Some individuals may prefer the fast-paced environment and client exposure in public accounting, while others may seek stability and specialization within a specific industry. It's essential to consider your long-term aspirations, career growth opportunities, work preferences, and lifestyle when making this decision.

Posted in Careers

Disclaimer: The information contained in Dulin, Ward & DeWald’s blog is provided for general educational purposes only and should not be construed as financial or legal advice on any subject matter. Before taking any action based on this information, we strongly encourage you to consult competent legal, accounting or other professional advice about your specific situation. Questions on blog posts may be submitted to your DWD representative.