2 answers
2 answers
Updated
Micayla’s Answer
Hi Waqas,
What makes accounting so great is the variety of projects. However, this can also be especially challenging when tackling a new kind of project. You can do everything from auditing (one of the most commonly associated accounting jobs) to consulting work. Within advisory roles, you often times have to jump into a lot of material to quickly understand your client's business operations, internal control environment, etc. However, when jumping into new work, the best way to learn is to ask questions. The material can be complex - there are always new accounting standards coming yet, but the more experience you get, the easier it becomes. The main hurdle is learning what questions to ask and becoming more confident in your abilities.
What makes accounting so great is the variety of projects. However, this can also be especially challenging when tackling a new kind of project. You can do everything from auditing (one of the most commonly associated accounting jobs) to consulting work. Within advisory roles, you often times have to jump into a lot of material to quickly understand your client's business operations, internal control environment, etc. However, when jumping into new work, the best way to learn is to ask questions. The material can be complex - there are always new accounting standards coming yet, but the more experience you get, the easier it becomes. The main hurdle is learning what questions to ask and becoming more confident in your abilities.
Updated
Frank’s Answer
There are a lot of different Accounting jobs. I am familiar with the Internal Audit path. The toughest part is also the most rewarding part. Internal Auditors review a company's processes to make sure they are working as intended and to find ways to improve the processes. It can be tough to move from process to process and from department to department. With each new assignment you are often learning from scratch about the new area, so it takes time to build your knowledge of the company and you may not ever fully be an expert in any one area. On the flip side, however, it is rewarding because you are constantly learning new things and you are able to provide value to many different parts of the company. Usually, Internal Audit Departments do not have rotational or repetitive audits, so it could be a challenge if you prefer strict routines.