Via Insider Monkey : Accounting can be a great career choice for anyone looking for stability and opportunities for constant professional advancement, especially in these 7 highest paying countries for accountants.
It is usually perceived as a boring and monotonous profession by those who are looking from the outside. Accountants are often imagined as uncreative, rigid, rules-obsessed individuals who prefer sitting in some secluded corner, crunching numbers and making endless, tiring reports. While it is essential for accountants to have solid math skills, their role is so much more than this. To be a sound accountant you don’t have to be Sherlock Holmes, but one must possess just the right blend of analytic, problem solving and investigative skills. Above all, and as opposed to Sherlock, one must have highly developed communication skills and ability to deal with people as well as with numbers. As such, the scope of this job is much more diverse and comprehensive than it is normally assumed. The reality is that it can actually be one of the most intellectually, but also financially rewarding jobs. And you can do it being employed in actually any type of the business.
The role of the accountant is not something any company can overlook. It is a necessity for the functioning of any private, public or nonprofit organization. Without it, companies would not be able to provide their shareholders, clients and the general public with reliable financial reports and thus would be limited in their intent to go bigger and larger. Professional accountants will be using their deductive and inductive reasoning to draw sensible and useful conclusions out of a number of different financial reports. Throughout the business world, based on the conclusions of accountants, numbers of operational, executive or strategic decisions are taken every day, thus their honest and expert voice is regarded as a prerequisite.
The list of job opportunities for accountants is almost endless. This makes it an attractive career option. Most importantly, regardless of how well the economy is doing, accountants are always in high demand. Governments’ bodies, large and small businesses, NGOs and sometimes even individuals are in continual need for accountants to manage their books and budgets, compute taxes and tax returns, organize and maintain financial records, and so on and so forth. Depending on the obtained education level, chosen career path and gained experience there is a wide salary range for professionals in the accounting field. If you are interested in cities offering opportunities for employment in accounting, you can read our article 11 Cities With The Highest Demand for Accountants.
Our list of 7 highest paying countries for accountants was based on the Global Salary Survey for 2015 by recruitment agency Robert Walters plc. It is a world-leading specialist in professional recruitment consultancy established in 1985. For the last 16 years, the company publishes a comprehensive overview of salaries and recruitment trends around the world. The Global Salary Survey for 2015 is an analysis of the permanent, interim and contract placements made across 25 countries company is doing business in, including the UK and Ireland, Continental Europe, the Middle East, Africa, Asia, Australia and New Zealand as well as North and South America.
In the making of this list following positions have been taken into consideration: general accountant, financial accountant, management accountant, cost accountant, senior accountant, chief accountant and group accountant. Final ordering of 7 highest paying countries for accountants has been made according to the lower band of the pay scales presented in the Survey. Also, all of the conclusions about current standing, future outlook, and opportunities for the prospective job seekers were taken from the aforementioned Survey.
A career in accounting has a lot to offer. Let us look what it offers in the following 7 countries.