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Accountants are responsible for managing all of the financial transactions of a company. They’re an incredibly important part of any organisation, and are in charge of making sure that the books are being run in a sustainable way. Therefore, accountants are highly influential and key to a company’s success.
As an accountant you’ll have to deal with reporting, budgeting, procurement, tax and purchasing. If the company is quite large, your position will be more specialised and you may just deal with one aspect of the accountancy role.
The training process for becoming a chartered accountant is quite lengthy, although your salary will be increased at each stage of your development. As you progress in your accountancy training, you can also choose to specialise in different types of accountancy, including tax, auditing and assurance, government, managerial, financial and forensic.
A junior accountant can earn anywhere between £16,000 and £24,000 and once you are partially qualified your salary will increase to between £25,000 and £28,000. A chartered accountant with 3-5 years’ experience could earn anything between £55,000 and £90,000.