Do you understand the latest trends in Accounting?

Today, there are many career opportunities for accountants as the number of new grads has shrunk and older accountants are retiring. The industry today is complex and relies on the latest technology as well as employee expertise.

If you’re considering a career in accounting, here are some of the trends accounting leaders are prioritizing, according to the American Association of Certified Public Accountants (AICPA) and the Chartered Institute of Management Accountants (CIMA):

Innovation & Transformation

Members of the accounting profession need to incorporate new technologies into their careers. These technologies include Artificial Intelligence (AI), data analytics, process automation, and other tools to enable employees to work smarter and not harder. This will allow accountants to continually remain relevant.

Value & Sustainability

Members of the accounting profession provide advice to businesses and individuals as they implement initiatives. Sustainability has become a priority for businesses. As advisors, accountants support companies in implementing sustainability changes and also provide value added advice that will enable long-term change in all initiatives.

Inclusion & Opportunity

Accounting leadership realizes that the future of the profession will be determined by embracing diversity, equity, and inclusion. Future accountants will reflect current demographics and provide opportunities for all that have the aptitude and dedication to be accountants.

Preparing for a career in Accounting

Most careers in accounting require a degree. Berkeley College offers both an Associate’s and Bachelor’s degree program in Accounting. The programs are developed with input from Advisory Boards made up of industry experts and taught by professors with professional accounting experience. You will learn financial and managerial accounting theory as well as tax and auditing concepts. The classes will also show how to apply that knowledge in a business environment. An accounting degree will give you the critical-thinking and problem-solving skills that can help you stand out in the professional world.

If you think accounting could be the career for you, visit BerkeleyCollege.edu or call 800-446-5400 to learn more about how Berkeley College can help you reach your full potential.

The information in this article is intended only to describe current trends in the field of accounting. In addition to core curricula, students in the Berkeley College Accounting degree programs may be able to take elective courses in areas such as Artificial Intelligence (AI) and Cloud Technology. For up-to-date and detailed information on the Accounting program and other programs at Berkeley College, please visit BerkeleyCollege.edu and view our catalogs at BerkeleyCollege.edu/publications.