I was the type of kid who enjoys numbers growing up. I remember hearing my classmates complaining about our math exams and homework, saying it’s difficult and they have no clue what the questions were about. I kept silent but I always thought it was rather fun solving those problems. Math just made sense to me and I didn’t even have to try too hard to get good grades. I struggled in other subjects, though, but nothing in math class can mess me up. As high school graduation loomed nearer and nearer, I was faced with a dilemma: what degree should I pursue? I got accepted to 3 universities I applied for; I have stellar records, all for different fields. I got accepted at a good engineering school, the other one is known for their accountancy department. The third was a safety net. I debated between the first two so, like always, I relied on research. I wanted to know what a regular day is like for an accountant.
Working for a Big Accounting Firm
Working for an accounting firm isn’t much different than any other fields. Most firms require their employees to work nine to five jobs with weekends off. Most accountants start their days checking their emails, looking for important client queries that need addressing. The rest of the day is spent prioritizing their needed deliverables for the day and completing it. These deliverables include VAT returns, accounts, client queries, tax returns, and more. They are also required to attend occasional meetings. Before they leave for home, they check to make sure all their work are completed for the day and a cursory scan for any client emails that need to be answered.
Running Your own Accounting Firm
A day for an accountant with their own firm is a bit different than those working for a firm. They still need to be at the office from 9 a.m. to 5 p.m. during weekdays with the occasional Saturdays during tax season. They still have to answer client queries through email and phone but given their advanced level in the field, they need to take up more responsibilities in the office. They sometimes have to attend meetings with other organizations they have partnered with. They do payroll for their employees as well preparing their sales tax returns. Training new and existing employees also fall under their jurisdiction.
Being a Freelance Accountant
Whether it is a full time or part time, many accountants love doing freelance jobs. Most full-time freelancers have the luxury of flexibility and the ability to choose specific accounting jobs. They can choose to do tax returns exclusively or bookkeeping for various clients. Many freelancers can choose when to start their day although most try to follow a regular office hour. Communication is through emails or third-party software that enables them to communicate with clients so those are checked for any pending emails that need immediate attention. Throughout the rest of the day, they are on various software like Xero, Practice Ignition, and Salesforce for the various jobs they need to complete.