Comments about ‘Need a job? Majoring in accounting might be the best bet’

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Published: Sunday, Jan. 6 2013 5:30 p.m. MST

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cjb
Bountiful, UT

Accounting is one of those information type jobs where technology doesn't necessitate that it be kept here in the states and not outsourced over seas. The fact it is still here quite likely means there is some legal reason.

Accounting is a good field to major in until corporations the law changed that it can be outsourced.

XelaDave
Salem, UT

Michael Bérubé "Too many students (and their parents) think of college as the place that will grant them the degree they need to work at X job. The problem is, X job might not exist 10 or 20 years from now. Or X job might be transformed into something else, something that requires critical thinking, complex reasoning, and writing skills. When that happens, and it happens all the time, humanities majors find that their degrees were good investments after all - and that they are employable anywhere in the economy where there is thinking to be done."

raybies
Layton, UT

computers have drastically changed the way accounting is done today, and it will continue to change. if you do go into it, be willing to keep current with technology or you'll become obsolete quickly.

In general if a career requires education then the careerpath still requires expertise. The key to a decent educational experience is to do something people don't want to do, and do it best. Usually you find these areas of education because students complain that the topic is "hard" to learn. If it's hard to learn, you should be able to quickly reach a knowledge limit, a boundary where even the educators in that field are stumped, or challenged by it. Then start asking how you can make those areas easier or more accessible, and you'll likely have reached a legitimate case for study and developing expertise that benefits all of society.

Even becoming an expert, one must continually strive to make improvements or you'll become obsolete--because there are so many tools these days that make the easy easier and automatic.

Rational
Salt Lake City, UT

cjb and XelaDave,

You guys must be fiction writers.

Accounting requires understanding of the business you are working on.

Humanities degree a good investment?

LOL

Go Big Blue!!!
Bountiful, UT

Accounting is used to plan and measure most critical business functions. A good understanding of accounting and finances opens up numerous opportunities. Successful long-term businesses have great accounting support.

Johnny Triumph
American Fork, UT

Educated parents will try to steer their children to a field that is in demand. IT, Nursing, it sounds accounting, data management. Those who don't help their children find the right areas will be be restricting their children to lower earning potential and a rougher financial life.

Blue AZ Cougar
,

@cjb

I somewhat disagree. Right now there's no single accounting standard for all corporations worldwide. Here in the US, the Securities and Exchange Commission mandates certain rules for companies that are listed on US stock exchanges. In Europe or Asia, those accounting rules are different, so it would be very difficult to outsource jobs to India or China and expect the same level of expertise in the application of US accounting standards.

Although there's no law stating that accounting jobs must be retained here in the US, once there's a convergence of accounting standards worldwide, it might be easier to outsource these jobs. However, given that worldwide convergence has been discussed throughout the accounting profession for at least a decade (probably longer), I doubt outsourcing will really be an issue. These types of developments take forever, and even then, it's likely that countries will have their own versions of international accounting standards. I'm not holding my breath.

--CPA in AZ

byufan1993
Provo, , UT

I am currently an accounting major at BYU and I do agree that I will have to remain up to par on technology however, accounting is not simply adding and counting. It's about logic. Finding the best scenarios and helping improve the input and output. There will always be a need for this even as technology improves

Say No to BO
Mapleton, UT

...and Obama will be looking for more auditors to keep an eye on the compliance of the unwashed masses.

BoomerJeff
Saint George, UT

I've been in accounting for 25 years. You'll always have a great job with good pay if you are accurate, organized, detail-oriented and have a good work ethic. You work side by side with the CEO and staff to help make informed decisions on a daily basis. I can't imagine any company wanting to send this type of work and responsibility out of the country. Even large companies here sometimes try to consolidate accounting jobs to other states, and soon find it is a mistake. As long as there is management, you need accountants by their side if you want the business to be successful.

Mister J
Salt Lake City, UT

at Rational 1/7/13

I know several people who majored in the Humanities and some in accounting & finance. English Lit & Art History majors are a bit off kilter but still more fun than the other group even after their meds kick in.

Here is something to ponder... With my Social science degree, I was unemployed for 6 months in 2010. I know people w/ MBA's or work in financial services that have been or were unemployed considerably longer.

Hank Pym
SLC, UT

Per Rational;

I wonder if the fiction you refer to was written by an accountant? Probably not!

Seriously, XelaDave nails it...

**Or X job might be transformed into something else, something that requires critical thinking, complex reasoning, and writing skills. When that happens, and it happens all the time, humanities majors find that their degrees were good investments after all - and that they are employable anywhere in the economy where there is thinking to be done.**

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