Accountants are backbones of a business (regnskapsfører) . They ensure that the financial matters of a business are run an efficient way, and are responsible for planning, budgeting, and financial performance of a company. Among the professions, accountants are among the highest earning class; however, salaries vary with skill, experience, and competence. With the increasing population, business activities are also increasing, hence the demand for accountants is increasing every year.
2. Qualifications, roles and opportunities
The types of accountants vary upon the experience, degree, and type of activity they perform. The important categories include forensic accountants, tax accountants, certified public accountants, cost accountants, management accountants, and auditors. There are several other types of accountants, which have emerged with the evolution of new industries and financial matters (Inkasso) . Along with conventional degrees, now new types of degrees are also being offered, which help to launch in this profession. The common qualifications required to become an accountant include, degrees of Chartered Accountant, Chartered Certified Accountant, and International Accountant and Chartered Management Accountant. Minimum a bachelor’s degree in accounting is required to launch into this profession. Some professionals also get composite degrees, such as in business administration with accounting major’, or a degree in accounting, finance, and commerce’. Several professionals are serving as accountants in the industry without any degree. However, such personnel possess vast experience and proved their skill over decades. Accountants perform several activities related to the accounts of a business. They systematically measure, review, assess, interpret and classify the financial matters of a company. There is an intricate difference between bookkeeping and accounting. Bookkeepers need to keep the record of financial transactions, whereas accountants analyze, interpret, and classify the financial data into measurable terms, useful for decision making.
Accountants are required in every field for financial management. They can work in industry, healthcare, government, education as well as establish consultancy firms. Some accountants are even working in community-based small programs and government projects (regnskapsfører kristiansand) . Being highly efficient professionals, their demand is always increasing. Choosing the profession of accounting requires a lot of patience, education, practice, and activeness. They perform a pivotal role in the financial transparency of a business.