Accounting is actually fun. Memorizing income statements, balance sheets and other various statements is definitely tedious, but don’t let it discourage you from trying Accounting out. It just takes someone with dedication, critical thinking, and reading skills.
@123meyca11 ай бұрын
Im finishing my BS in accounting now. Is it really worth it? it seems like the amount of work we do to get board ceritified doesnt qualify for the amount we get paid.
@rohanvyas932511 ай бұрын
@@123meycadepends where you live. At least in canada, in major cities job market is highly inflated. Even with bachelors degree you’ll need coop/work experience to land entry level accounting job
@maxmustermann404611 ай бұрын
@@rohanvyas9325 is it easier to get an accounting job in a firm or in big 4 audit?
@rohanvyas932511 ай бұрын
@@maxmustermann4046 depends, some of my friends are enrolled in cpa program so they got job in big audit. For me, it was easier get accounting job in a firm
@sheikhmohammedbinsalmanals57057 ай бұрын
True
@goddessvibes08 Жыл бұрын
He deserves more. Accounting is quite tough.
@TransientNeurotic Жыл бұрын
Accountants are capable of doubling or even tripling their salaries within the first 5 years of their career (or less). We are quite well remunerated so long as we are pursuing salary growth.
@B1gBossMan Жыл бұрын
From what i've been thought throughout secondary school it's's actually quite easy. You just need to practice alot and understand the concepts and rules.
@notjohnAtall Жыл бұрын
@@B1gBossMan You could say that for almost any field. I am a software engineer, most people think it's complicated;it's not get the basic practice a lot and work with the best. Almost all fields are like that, the details is in the "basics". Some basics are tougher than others congnitively
@B1gBossMan Жыл бұрын
@@notjohnAtall yes I suppose almost all fields are that way. Accounting has a lot to do with memorization which would come from a lot of practice in the specific accounting sector.
@notjohnAtall Жыл бұрын
@@B1gBossMan Could be true. I don't know for sure. I did some accounting years back. I bet most accountant will claim it's also difficult. One mistake could have major impact compared to some other fields
@user-yu3qt2wc6n8 ай бұрын
I wouldn't say "At my own pace!"😂 or maybe I'm doing it wrong🤣🤣
@davidlam3763 Жыл бұрын
Best thing is not having to pay taxes for himself. 😂
@TealGames-d9q10 ай бұрын
Have’nt you heard of an auditor.
@poochie26125 ай бұрын
@@TealGames-d9q Accountants learn how to audit too dummy! If he’s smart to be an accountant then he’s smart enough to work around numbers and an auditor.
@galaxywolf656 Жыл бұрын
9-5 5 days a week but you’re free 2 days and still get enough to make a living (depends where you live), not bad. 😮😮😮
@sethp26 Жыл бұрын
@@user-zb6gb1zf2dit's good to have goals and direction but keep your mind open and see what parts of accounting/finance you do and dont like while going through it. Major in accounting obviously if you still want to at that point, but if you find that you like a different part of finance more or just anything more then dont be afraid of switching majors and try something else. It is a solid goal though and a good career
@vladusa Жыл бұрын
Uhhh and they are stressed a lot more because they need to remember a lot. And do a lot of stuff at night. And work late hours. and if they don't have their life in balance, they may be the most stressed "government" workers of our century as a class
@chanpreetsingh361 Жыл бұрын
Could you tell me how much a CPA Canada makes ?
@sethp26 Жыл бұрын
@@chanpreetsingh361 around 68k a year on average, can obviously get more than that as you get more experience though. Also depends what exactly you're doing and if youre working for the government or not. Tons of factors determine pay
@chanpreetsingh361 Жыл бұрын
@@sethp26 actually i am an Indian Ca having work experience at big 4 for 3 year's and wish to work in Canada, as indian ca is not well recognised there so wish to pursue Cpa Canada. Btw thanks for replying ☺️
@greensboss9 ай бұрын
accounting pays fairly ok but considering the amount of work they give you and the horrible deadlines, i dont think its worth it. like bruh i started my internship like 1 month ago and i already feel exploited, they make me do the bookkeeping, taxes, reconciliations and financial statements AND i still have to study for my finals 😢.
@hasinuz89306 ай бұрын
Do you recommend finance instead?
@greensboss6 ай бұрын
@hasinuz8930 for sure, the salary is better. I'm considering switching next year. I'm currently on my first year of master degree and I'm still doing my internship T_T I'm working overtime I'm stressed and depressed I'm not even well paid lmao now I'm sure I hate this job, you work a lot for a salary that's not worth half the time u spend working. I hate this job and I hate having no time to live. so it's a no no job for me
@os124815 ай бұрын
is it just financial accounting, or are all areas of accounting like this?@@greensboss
@introvertdude995 ай бұрын
@@hasinuz8930you can do finance with an accounting degree . So keep with accounting
@SytheFX-8044 ай бұрын
What is finance? I’m studying in class 11 thought to become charted accountant but now I think I should do something else. What would you recommend?
@ceciliia8 Жыл бұрын
I want to be an accountant, I’m currently in college getting my degree
@leo23196 Жыл бұрын
well goodluck, same here too, i hope this is worth it 🥹
@itslammyyy Жыл бұрын
also don’t forget to get your cpa when you get your degree you get so much more money!
@hasinuz8930 Жыл бұрын
Same, hoping for the best 🤲
@na-ra8701 Жыл бұрын
@@itslammyyy what is cpa. I would love to be an accountant oneday. Explain please.
@donjosue100011 ай бұрын
If you don't mind the long hours, try to get into banking first. The money is much better.
@thatboylanga6072 Жыл бұрын
where i’m from, $70K is PLENTYYY
@Coco_Chanel7 Жыл бұрын
Hey Im non-native Can CPA touch 500k in your country if they own a firm
@thatboylanga6072 Жыл бұрын
@@Coco_Chanel7 yeah for sure
@lunawense6288 Жыл бұрын
@@Coco_Chanel7500K USD 😂 Maybe if you end up running a large company but highly unrealistic career goal unless your a CEO/CFO or have a large startup fund
@notjohnAtall Жыл бұрын
@@Coco_Chanel7 Most jobs can touch that of you own it. Own gives you lot of scaling possibilities
@haidermoh.9937 Жыл бұрын
@@Coco_Chanel7 Either own a firm or pursue becoming a partner. Becoming a partner takes 10-15 years but if you're ambitious enough, it's can be very rewarding (financially)
@JJ-ZUMA10 ай бұрын
70k Canadian dollars = 40k British Pounds
@BenhurBernardo19 ай бұрын
true. But, they pay less tax.
@JJ-ZUMA9 ай бұрын
@@BenhurBernardo1 What about cost of living?
@zachhecksel29208 ай бұрын
$70k CAD = $52,500 USD
@ecnalms8517 ай бұрын
40k salary in UK is pretty good. Uk median salary is 26k I believe so 40k is quite a good salary
@JJ-ZUMA7 ай бұрын
@@BenhurBernardo1 They pay low taxes in Canada BUT, they have higher interest rates and higher mortgage rates/expenses. Cost of living in Canada is also higher
@fredericksmith9195 күн бұрын
I'm not an accountant, however I know 70K is probably good for a college student, but not so good for a large family. Money is quite relative to your living situation.
@lilac62410 ай бұрын
The man being interviewed is handsome 😊
@lhughes66566 ай бұрын
Very
@c0ld0ne_htx2 ай бұрын
For sure!
@snake18449 ай бұрын
he makes the equivalent of like 52000 where i live you can make more out of high school lol
@Greenbean56737 ай бұрын
He’ll make a lot more than that in 5 years
@snake18447 ай бұрын
@@Greenbean5673 that applies to basically every job so its still shit pay lol
@jamesvanderbilt2014 ай бұрын
@@snake1844that’s not for for every job…most have a cap, and until you get a degree (business, engineering, etc) you hit a ceiling. accountants can make 150k after 5 years in most cities in the US and can work for big businesses and clear 300-500k
@joro73043 ай бұрын
@@snake1844 So what do you expect to get paid straight outta high school? 70000, 80000, 85000?? Good luck finding a job that will pay you that much with a high school degree. Your bubble will be popped soon.
@FujiMezu10 ай бұрын
Is it better to do your accounting degree online or in person?
@att20759 ай бұрын
Online it's probably a shorter route as well as more versatile time wise, cheaper tuition cost as well, i did mine from an accredited university here in California along with a couple internships in auditing and computer engineering, it works out well
@FujiMezu9 ай бұрын
@@att2075 Regarding your experience. Is it better to find an entry level position or an internship?
@imhopelesslyaddictedtofent42669 ай бұрын
Online for first 4-6 semester then transfer to a cheap public school
@naveedali14069 ай бұрын
Don't go into accounting, there's so much money in IT and analytics, going into accounting is the biggest regret of my life. It's absolutely not worth it.
@ohexwhy17699 ай бұрын
why do you say that
@naveedali14069 ай бұрын
@@ohexwhy1769 I'm currently doing ACCA, the job market is not very good as Pakistan is going through a recession but things were not good either in the years prior to it, but ppl with CS background are doing really really well, a friend of mine who's a SE was earning 260k pkr per month with 2 years of experience, she has now moved to Europe, it's much more easy to move to and settle in better economies if you're in IT which is the only goal I've ever had, just look at the Irish immi system for example, you need to work there for 5 yrs for citizenship but if you're in IT you can get it in 2 yrs. you earn much much more around the world if you're in IT. My cousin is in cyber security his first job paid him 80k per month. Data scientists are just killing at this moment. And We are not talking about outsourcing jobs here. The only way I can do well in my career is if I get a 3 year internship in the big 4 which is nearly impossible. And they'll pay me 5k per month for 3 years, consider that the travel expense to the office would be at least 7.5k, I'll pay out of my own pocket for the job, bcz of exchange rate the cost of ACCA has gone up by some 75%, it's now in millions of pkr. The job market outside of the big 4 isn't any good either. In the US there's a massive shortage of 380k accountants but still the enrollment in universities and CPA is consistently declining, simply bcz there isn't enough money. Bcz accounting is a cost centre, it's a necessary evil, businesses would rather not have it, finance and IT and engineering ect generate revenue. Go into CS or data science or engineering if you can, I can't stress this enough. My brother got enrolled in bscs in the no.1 uni in the country, he made the same mistake as I did, 7 yrs on he's still doing his CA. plus the toxic work environment is unthinkable, imagine the worst bullies and scum of the society, that's the sort of ppl he works with. We can go on and on but I hope you get it. (things like HRM and marketing are even worse)
@uioppoouo8 ай бұрын
Im in accounting and I use both IT and analytics to do my work 🤯
@zachhecksel29208 ай бұрын
I would disagree. I'm a senior accountant making a total compensation of ~$113,300+ in a medium cost of living area (Minnesota) after health insurance costs for 2024. It's a government position, so 40-hour work weeks year round, great benefits, easy going boss/low stress, flexible. There's nothing wrong with going into accounting.
@Walrusflores8 ай бұрын
@@zachhecksel2920hey whats the best degree to get to be an accountant, I’m currently getting my business administration degree, you think that’s a good degree for an accountant or not really?
@MrRK012111 ай бұрын
Be an accountant in the UK, you get half the salary
@sahilkhan-yg1pn11 ай бұрын
Difference between dollars n pounds.
@HoodieBLK11 ай бұрын
Thats not why lol@@sahilkhan-yg1pn
@Kerrviii11 ай бұрын
Currency flux?
@MrRK012110 ай бұрын
Dollars and pounds aren't that much difference in currency flux. The accountancy profession in the UK is very common this leading to it being a competitive market and lower wages as people who are desperate to work will work for less. An accounts/finance assistant will earn around 25k, an accountant will earn on average 35-50k
@jiimmiij442810 ай бұрын
But hey free health care
@andrewschmitz609 Жыл бұрын
What’s he still in school for?
@niklibelinski5512 Жыл бұрын
Probably pursuing CPA degree
@123meyca11 ай бұрын
There is alot of school that goes into accounting. Thats why people are leaving. Underpaid for the amount of certifications u need for a good wage. Also, you have to gain experience before you can be officially certified with any board.
@FujiMezu10 ай бұрын
@@123meycahow do I get experience before I enter the job?
@heybushy9 ай бұрын
Internships my friend. Going through one rn. Some even offer full-time jobs after too. It'll be your best shot! @@FujiMezu
@fatimagh4622 ай бұрын
@@FujiMezu you become a trainee
@izztomisin536715 күн бұрын
It is so disappointing when you hear things like this. What is the point of studying so hard to get the required qualifications needed when you’re going to be paid low like this. This shit really doesn’t even motivate me to study again
@bhadrinath41912 күн бұрын
ACCA .....
@COOKIEM26011 ай бұрын
I'm about to be an accountant, I need some money
@ahmadraooof35316 ай бұрын
The heck do you mean by accountant (respectfully so), I mean are you becoming a chartered accountant or a normal accountant?
@canitinmeghrajani55803 ай бұрын
Chartered Accountant
@shadowrealm6013 Жыл бұрын
Id move my schooling online and live somewhere cheaper
@notjohnAtall Жыл бұрын
Like where?. Can't think of a lot of places that either isn't too cold or have limited options when you need to change job
@user-fz5tj9qi8x4 ай бұрын
70k is less for there country
@SelyneMarthaAtieno5 ай бұрын
Where can I get this guy juliano,I need some insights
@TAISHOGAMER774 ай бұрын
Same im 15 too I'm from India where you from can you help me by sharing some accounting Field info that you know.
@canitinmeghrajani55803 ай бұрын
I need too.
@remotejobs80443 ай бұрын
He makes $70,000 and is still in school. Hopefully, a pay increase when he's done. Masters?
@user-oz7rz9md5j29 күн бұрын
70.000$ every month or every year !?❌❌❌
@alwaysinitbabeee27 күн бұрын
Every year lol
@MJI4095 ай бұрын
im 15 and i want to learn how to be an accountant..
@xenobestx84235 ай бұрын
mate your 15 you should be a kid, not worry about making money. You'll have all the time in the world to make money
@MJI4095 ай бұрын
@@xenobestx8423 bro im turning 16 soon does that mean i shouldn't be worried?
@MJI4095 ай бұрын
@@xenobestx8423 im turning 16 soon should i still focus on school and being a kid?
@jinmori27355 ай бұрын
Don't listen to this random 👆, chase your dreams, just don't forget to have balance in your life.(although I'm a random to lol)
@jinmori27355 ай бұрын
Don't listen to this dude👆, chase your dreams, just don't forget to have balance in your life.
@sqd49444 ай бұрын
Accountant is such a saturated field nowadays that having a bachelor's degree is equivalent to having a high school diploma. If you want to be an accountant and get decent pay, you'd better pass 4 parts of the CPA exam or 2 parts of the CMA exam. If you study accounting and have no capability to pass those 2 exams, your career will be extremely tough as you will have to compete with newly grad accountants with CPA for an entry level job of $20/hour; let alone competing for mid-level job of $40/hour.
@camg4184 ай бұрын
Completely untrue, there are so many jobs available and not enough people to fill them and it’s only going to get worse -CPA from the states
@camg4184 ай бұрын
Your info is so inaccurate. You definitely don’t need a CMA. A CPA is all that you need if you want to become a controller or higher positions in a company. And you don’t even need a CPA to become move up in Private and make a good living.
@Gingy20023 ай бұрын
$70,000? Oof
@Maddyabu Жыл бұрын
Very less 70k
@sayyedsahilhere294 Жыл бұрын
Then how much it would be ?
@hungcapitalll Жыл бұрын
I'm starting out at 60k 8 month update: I'm now a field engineer and I'm much happier. i left the job due to lack of engagement. All we did was sit at the computer and try to find a number all day for reconciliations. I was never taught reconciliations and that was just 1 client. The expectations werent clearly laid out for me and it was all procedural bs converging into chaos. Office environment isnt for everyone, including myself. I highly encourage anyone whose doing ANY degree to first intern in it before settling.And it wasnt a culture fit. I wasnt lucky enough to intern beforehand!
@bunny_bubbles612 Жыл бұрын
@@SigmaMaleMan7 Well it depends on how much hours they work for
@danceswithwolves7085 Жыл бұрын
@@hungcapitalll you already an accountant, where ya from ?
@hungcapitalll Жыл бұрын
@@danceswithwolves7085 East coast America. It's an entry staff position doing trial balance stuff. I'm pre-hired as my first day is in June. 50 base+ 10k cuz of mandatory overtime
@muhammedshamnadmsd233911 ай бұрын
Aaaaa
@mastert56182 ай бұрын
Accountants will be fully automated in a couple years.
@ErenYeager22Ай бұрын
Bro who said it bruh it definitely will take over some work but not all , accounts who has the knowledge of AI will be employed and kept rather than accountant with no ai knowledge
@assassin725012 күн бұрын
same with tech..
@angelmontiel31865 ай бұрын
Im going for account and management
@hungcapitalll6 ай бұрын
The AICPA makes it difficult for immigrants or anyone for that matter to become CPA certified by requiring an extra 1-2 years of school for no reason. Actually there is but i cant say. So thats an extra 10-40k you spend on tuition just to sit for the exam. I left the profession and make just as much doing better work for less stress. Also, the field will be automated within 12 years since microsoft bought openai.