Now we can’t perpetuate the longstanding joke in our office that ‘nobody ever made a movie about an accountant’. The fact is that accounting is not a glamourous or adrenaline-filled job, but there are some very fulfilling and exciting opportunities in the field. I’ve experienced a few of them:
- Forensic Accounting– This is really fun. It’s like being a CSI in the accounting field. I had the opportunity to help a forensic accountant review and prepare reports of findings related to divorce cases for the court. There is something very satisfying about uncovering money that someone is trying to hide.
- Start-up CFO – If you are looking for a wild ride and aren’t averse to risk, this could be just the job for you. You will have to be really good at creating forecasts based on nothing but market research and selling your projections to someone with really deep pockets. Often, you will find that your projections were wrong, and sometimes you are pleasantly surprised by new revenue streams you hadn’t even anticipated. There’s a big payoff for success!
- Tax Coach – Tax laws are very complicated; the more money people have, the more they need advice. Some accountants are building an entire career around developing strategies for helping people pay the least amount of tax possible given their current and future financial position. There is nothing illegal about paying as little tax as possible. Developing a tax coaching practice could be the key to a very lucrative and satisfying accounting career.