Accounting Careers

Accounting Careers Overview

Accounting Careers Overview

Accounting careers involve the preparation and review of financial records. Accountants and auditors examine financial documents to ensure that they are accurate and that tax obligations are paid correctly and on time. Accounting professionals also work with organizations to make their financial operations more efficient. Duties of accountants and auditors might include:

  • Checking financial records for accuracy and legal compliance
  • Identifying ways to lower expenses, raise revenue and boost profits
  • Tax planning and preparing tax returns
  • Organizing and maintaining financial documents
  • Reviewing books and bookkeeping systems for efficiency and best practices
  • Specific accounting careers include accounting clerk, tax advisor and forensic accounting jobs.

Accounting Career Education

The most marketable credential in accounting is a CPA (Chartered Professional Accountant) designation. According to the Chartered Professional Accountants of Canada, to become a CPA, candidates need specific education and work experience. Most accounting professionals obtain university degrees in business studies, although any discipline is acceptable.

The next step is to complete a student professional program that offers graduate-level courses to equip candidates with the requisite competencies for CPAs. Once your education is complete, you will gain work experience in a CA training office where experienced CPAs will supervise you. Finally, CPA candidates must pass the Uniform Evaluation (UFE) to obtain a license.

Remember that you can also find many careers in the accounting profession that do not require post-secondary education. For example, bookkeepers, accounting and auditing clerks only need a high school diploma and on-the-job training to qualify for positions.

Accounting Career Job Market

According to CPA Canada, there were approximately 70,000 CPAs in the country as of 2013. The Canadian Occupational Projection System (COPS) estimates that auditors, accountants, and investment professionals as a whole total about 403,339 in Canada. Unemployment in this sector was 3.9 percent in 2012, which was substantially lower than the Canadian average of 7.2 percent. Because Canadians in accounting positions tend to be older than other workers, COPS predicts many retirements in the profession in the next decade. This will mean that job openings in the industry will slightly exceed the number of job seekers.

Accounting Career Salaries

CPA Canada reports that the median salary for CPAs in 2013 was C$105,000, and the mean salary was C$141,000. The highest-earning 25 percent of accountants made C$152,000, while the lowest-earning 25 percent made C$80,000. The highest-paying provinces for accounting jobs in Canada are Alberta (C$134,000 median salary), Ontario (C$108,000), and Saskatchewan (C$105,000). Accountants working in the oil and gas and holding/conglomerate business sectors have the highest median salaries of C$157,000 and C$150,000, respectively.

Randstad

Montreal, Quebec

{FeaturedJobPostedDateText}22/02/2017

WORKING IN THE U.S. - Up to $100K Our client help the largest corporation (Fortune 1000 & Big 4 CPA firms) in their needs of competent accounting talents in the major...

Konica Minolta

Mississauga, Ontario

{FeaturedJobPostedDateText}23/02/2017

***** Please NOTE: THIS POSITION IS BILINGUAL (FRENCH) ****** Why Konica Minolta? •You want a rewarding career in a results driven environment? •You want to be part...

Discount Car and Truck Rentals

Pickering, Ontario, L1W 2Z1

{FeaturedJobPostedDateText}21/02/2017

It's Your Career-Drive It! Are you looking for an exciting career in a fast paced and dynamic work environment? Join a company with a passion for innovation and custo...

Discount Car and Truck Rentals

Saint John, New Brunswick, E2J 2B7

{FeaturedJobPostedDateText}21/02/2017

It's Your Career-Drive It! Are you looking for an exciting career in a fast paced and dynamic work environment? Join a company with a passion for innovation and custo...

Stoakley-Stewart Consultants Ltd.

VAUGHAN, Ontario

{FeaturedJobPostedDateText}15/02/2017

POSITION TITLE: REGIONAL SALES MANAGER (US ACCOUNTS) JOB CATEGORY: Sales Marketing INDUSTRY: Furniture LOCATION: VAUGHAN, ON DATE: February 14, 2017 JOB OR...

Grand River Personnel

Kitchener, Ontario

{FeaturedJobPostedDateText}08/02/2017

Our client, a construction/ service based business for 45 years in the Kitchener-Waterloo area, is looking for an experienced accounting professional to join their tea...