THE FACTS ON ACCOUNTING JOBS

Why go into accounting? According to the Bureau of Labor Statistics (BLS) Occupational Outlook Handbook, accounting and auditing positions are “expected to grow by 22 percent between 2008 and 2018, which is much faster than the average for all occupations.” In fact, they predict that over the course of the next decade the accounting field will produce roughly 279,400 jobs.

The BLS claims that the reason for this strong growth is “an increase in the number of businesses, changing financial laws and corporate governance regulations, and increased accountability for protecting an organization’s stakeholders.” Another reason, as seen in other fields we’ve profiled in this series, is the retirement of baby boomers and the slew of positions that are opening up because of this.

HOT SPOTS

Here are some accounting-focused job boards and resources:

• CareerBuilder Accounting
• Accounting Jobs Today
• Five Reasons to Become a CPA
• Roger CPA Resources

HOT TIPS

When it comes to standing out from the competition, here are three ways to set yourself apart in the finance field:

Computer skills:  Become proficient in the accounting and auditing software relevant to the types of positions you are targeting.

Advanced degree: Earn your master’s degree in accounting or an MBA with an emphasis in accounting to allow for greater Advancement opportunities.

Specialization: Find a way to specialize in a certain kind of accounting. For instance, globalization has resulted in the need for accountants who have an expertise in services related to international trade, mergers, and acquisitions. There are also “forensic” accountants who focus on catching individuals and companies committing fraud. Many state and local law enforcement agencies hire forensic accountants.

GET OUT OF THE HOT SEAT

If you are you good with numbers and like paying attention to detail, accounting may be for you. It’s a prestigious field with a variety of specialties and a lot of room for advancement. It’s not too late to consider a change and get some career (and financial) stability in return.

Michael “Dr. Woody” Woodward, PhD is a coach and author of The YOU Plan: A 5-step Guide to Taking Charge of Your Career in the New Economy. Dr. Woody is president of the consulting firm HCI, sits on the Academic Advisory Board of the Florida International University Center for Leadership, and holds a PhD in organizational psychology.

In 2009 we saw a 26 year peak in the national unemployment rate. Foreclosures, bankruptcies, and all out corporate collapses hit all time highs.

There is no doubt the year 2009 exposed a lot of perpetrators and created a lot of victims. In one way, shape, or form we all felt the pain, some of it caused by others, and some of it caused by ourselves. Regardless, it’s now up to you to take the next step and rise above it all. It’s time to start thinking about thriving in the New Year.

The New Year is always a great excuse to reset and start anew. I can’t think of a year where there has been more incentive to do just that. Twenty-ten is your chance to take the reins and transcend the madness of ‘09. It’s time to transcend in ten!

So, what can we do to leave 2009 behind for good?

First and foremost, you must accept that the old rules no longer apply. For those of you feeling secure in your jobs, keep in mind that being a diligent worker and following the rules is no longer a safe haven. For those in transition, the days of pounding the pavement and chasing those great job opportunities are gone.

The New Economy is about creating opportunities, not chasing them. It’s about being innovative and demonstrating your value. It’s about being your own brand. I truly believe we are entering into an age of career entrepreneurialism, an age where it will be up to you to determine your path and then go out and make it happen.

Second, you will need to create a plan. And not just any plan, but a YOU Plan. Without a destination in mind and a roadmap for getting there, success will always be a challenge. To be fair, there is no simple straight line to any destination and life often requires detours. However, without any kind of path in mind, your actions will always be driven by those around you. In other words, when it comes to living your life, you can lead or you can follow. If you want to lead, you will need a YOU plan.

Thoughtful planning and deliberate action are the foundation for any successful endeavor. Your success is up to you; and you alone. Take the reins and start thinking like an entrepreneur. Every Monday and Thursday I’ll be posting tips, tidbits, and simple steps or creating a YOU plan, so stay tuned!

Welcome to the New Year. Good luck and transcend in twenty-ten!

Dr. Woody

To learn more about Dr. Woody and his upcoming book The YOU Plan, check out www.TheYouPlan.com

As an organizational psychologist, I believe there are three ways you can react to the challenge of uncertain times: 

          – you can cower and hide,

          – you can buckle down and survive, or

          – you can step-up and thrive

For those looking to step-up and thrive, it’s time to start planning. Planning begins with assessing your values, intrinsics, passions, and then leveraging your essence (brnad) and creating a roadmap. I like to refer to this as the VIPER approach to re-establishing your career in the new economy. So, look out for more information on the VIPER model in upcoming blogs! 

Remember, if you want to shine in 2009, it’s time to step-up and start planning.

-Dr. Woody

To see my Shine in ’09 speech go to www.DrWoody.com