8 Advantages of Majoring in Accounting

The advantages of majoring in accounting include not only careers, but also for yourself (source: freepik)

Advantages of Accounting Major. Accounting major is one of the favorite majors in many universities. In this course, you will study finance and all that stuff. For those who want to take this significant in college, here are some of the advantages of majoring in accounting that you can get.

Read: Profile of The Accounting Major at UMN

Advantages of majoring in accounting

The American Institute of Certified Public Accounting, or AICPA, defines accounting as the art of recording, classifying, and summarizing in specific ways in monetary, transactional, and financial measures.

Almost every part of the industry requires this significant, so many advantages will be obtained when choosing this major. Even in the all-systematic digital era, people with these skills are still very much needed. So what are the advantages of choosing this accounting major?

1. Your Logic Will Be Trained

The first advantage of majoring in accounting is related to logic. Logic is always synonymous with exact or natural science, but it is not. Because the social sciences also teach or train those who study them to think logically or systematically. A group of social sciences that includes accounting. Accounting not only teaches you how to manage finances properly but also trains you to analyze and process all the financial records you make thoroughly.

2. Make it easier for you to manage finances

It turns out that the next advantage of majoring in accounting is not only about work. On the other hand, accounting skills will make it easier for you to organize and manage personal finances. Because we are used to financial records, recording income and expenses is not difficult.

Knowing your finances will make it easier to decide which expenses you shouldn’t buy, so you can use your money wisely and avoid the mess of running out of money.

3. Wide Job Opportunities

One of the advantages of other accounting majors is the opportunity to see the broader world because every industry needs people to track or record their finances to be well organized.

If a company’s finances are irregular, it is not impossible to cause chaos in the company because the income and expenses are unknown. Therefore, the demand for graduates of this major is very high.

4. Great opportunity to be a civil servant

Now, for those interested in becoming civil servants, the opportunity for accounting graduates to apply for CPNS is quite significant in various agencies, for example, the Procurement/Service Manager position. In addition, at the Ministry of State-Owned Enterprises (BUMN), classes available for accounting graduates include First Expert in State Corporate Governance, First Expert in State Budget and Financial Management Analyst, Financial Analyst, and many more.

5. Opportunity to open your own service business

Another advantage of accounting majors is the flexibility to create public accounting services, but you must pass specific requirements. Following Law Number 5 of 2011 concerning Public Accountants Article 6, to obtain a license to become a public accountant, a person must meet the following requirements:

• Bag a certificate of passing a valid public accounting professional exam.
• Have practical experience in providing services as referred to in Article 3.
• Domicile in the Unitary State of the Republic of Indonesia.
• Have a Taxpayer Identification Number
• Never been subjected to administrative sanctions in the form of revocation of a Public Accountant license;
• They have never been sentenced to a permanent legal force for committing a crime punishable by imprisonment of 5 (five) years or more.
• It is registered as a member of the Association of Certified Public Accountants determined by the Minister.
• Not in custody.

6. Diverse jobs, not only being an accountant

Another advantage of majoring in accounting is in terms of career choices. In addition to a career as an accountant, accounting graduates have a variety of career options. There are several accounting professions, including public, internal, government, educational, and forensic accountants. Suppose you want to choose a career other than an accountant. In that case, you can try a career as an auditor, tax consultant, financial staff, financial analyst, entrepreneur, accounting manager, budget analyst, etc.

7. The knowledge you have is helpful for yourself and when managing your own business

As a graduate of the Accounting Department, the ability to manage finances well and wisely will be trained. Of course, this knowledge is beneficial for personal life and managing your own business.

8. Potential to continue to grow

As an accounting student or graduate, there is still great potential for further development. Many accounting certification options to boost your career, including Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Management Accountant (CMA), Certified Professional Management Accountant (CPMA), Certified Financial Analyst (CFA), Financial Risk Manager ( FRM), Tax Consultant Certificate, Sharia Accounting Certificate (SAS).

Well, that explains the eight advantages of majoring in accounting. For those of you who plan to major in accounting, it’s a good idea to get familiar with the ins and outs of Accounting. Ensure you’ve read enough information so the lectures will be better prepared later.

You can learn more about other exciting information through the UMN official website. You can also choose the online registration procedure according to your criteria on the website. Come on, register now and start your career with UMN!

Sources:

Renesia

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