When choosing between computer science or accounting, there are many factors to consider. These include education requirements as well as salary potential and personality traits. Read on for more information. Accounting is a highly detailed field. Most positions require strict time schedules and high expectations. Computer science is more flexible. There are many jobs that can be done remotely.
Outlook on the job
Computer science is a great career option if you are an analytical thinker and love solving problems. This field is in great demand. Computer scientists are often responsible both for the development and maintenance of software and computer systems. Many new job opportunities for computer science graduates are emerging as the field grows.
The average salary for accountants is $83,980 annually, while the average salary for computer scientists is $120,000. If salary is an issue, then computer science might be a better option. Many online resources are available to help you learn programming, and there are many accounting firms looking for coding-savvy employees.
Salary
Both computer science and accounting offer promising career prospects. As of 2014, the median annual wage for all occupations was $35,540. The market for employment is expected to expand at seven percent annually through 2024. Both industries are expanding, with many job openings and wages above the average. Learn about the differences in these fields to help you choose the best one for your needs.
Accounting is more human-oriented. This means that many accountants interact with people every day. Computer scientists, however, work either in small teams or individually. Computer science might be a better fit for introverts.
Education requirements
Both accounting and computer science make great careers. Both involve financial performance and risk-management, as well as the analysis and recording of data. Both require advanced mathematics and the creation computer programs. Both have a bright future. Which one you choose will depend upon your interests, personality, and innate talents.
Combining the two can be a great choice for students who are unable to decide which field they want. This will give you more experience in both fields, and allow you to explore your options.
Personality traits
Both accounting and computer science share many similarities. This includes organizational skills as well as computer proficiency. Both require a high level in technical abilities and computational thinking, and both require significant collaboration. Computer scientists are more focused on programming and writing code than accountants. Both are technical savvy and can work together or independently.
To find out which field is right for you, consider using the Myers-Briggs Type Indicator. This personality test will assess your ability to understand different information as well as your preferences. Based on your answers, you can determine which Myers-Briggs type you are and what career match opportunities you might have.
FAQ
What is an auditor?
Auditors look for inconsistencies between financial statements and actual events.
He ensures that the figures provided are accurate.
He also confirms the accuracy of the financial statements.
What are the types of bookkeeping software?
There are three main types of bookkeeping systems: manual, computerized and hybrid.
Manual bookkeeping refers to the use of pen & paper to record records. This method requires constant attention.
Software programs can be used to manage finances through computerized bookkeeping. It is time- and labor-savings.
Hybrid bookkeeping combines both manual and computerized methods.
What should you expect when you hire an accountant?
Ask about their qualifications, experience, and references when interviewing an accountant.
You need someone who is experienced in this type of work and can explain the steps.
Ask them for any specific skills or knowledge that they might have that you would find helpful.
Make sure they have a good name in the community.
Statistics
- According to the BLS, accounting and auditing professionals reported a 2020 median annual salary of $73,560, which is nearly double that of the national average earnings for all workers.1 (rasmussen.edu)
- Employment of accountants and auditors is projected to grow four percent through 2029, according to the BLS—a rate of growth that is about average for all occupations nationwide.1 (rasmussen.edu)
- BooksTime makes sure your numbers are 100% accurate (bookstime.com)
- In fact, a TD Bank survey polled over 500 U.S. small business owners discovered that bookkeeping is their most hated, with the next most hated task falling a whopping 24% behind. (kpmgspark.com)
- The U.S. Bureau of Labor Statistics (BLS) projects an additional 96,000 positions for accountants and auditors between 2020 and 2030, representing job growth of 7%. (onlinemasters.ohio.edu)
External Links
How To
How to do bookkeeping
There are many kinds of accounting software. While some software is free and some cost money to purchase, many offer basic functions such as billing, invoicing, inventory management, payroll, point-of sale, financial reporting, and processing of payroll. The following is a brief overview of the most widely used types of accounting software.
Free Accounting Software: Free accounting software is usually offered for personal use only. Although the software may be limited in functionality, such as not being able to create your own reports, it is very easy to use. If you are interested in analyzing your business' numbers, many programs allow you to directly download data to spreadsheets.
Paid accounting software: Paid accounts can be used by businesses with multiple employees. These accounts include powerful tools to manage employee records, track sales and expenses, generate reports, and automate processes. While most paid programs require a subscription fee for at least one-year, many companies offer subscriptions that last just six months.
Cloud Accounting Software: With cloud accounting software, you can access your files online from any device using smartphones or tablets. This program is becoming more popular as it can save you space, reduce clutter, makes remote work much easier, and allows you to access your files from anywhere online. No additional software is required. All that is required to access cloud storage services is an Internet connection.
Desktop Accounting Software: Desktop Accounting Software works on your computer, just like cloud accounting. Desktop software works in the same way as cloud software. It allows you to access files from any location, including via mobile devices. However, unlike cloud, you have to install it on your computer before using it.
Mobile Accounting Software: Our mobile accounting software can be used on smartphones and tablets. These programs enable you to manage your finances even while you're on the move. Although they offer less functionality than full-fledged desktop applications, they are still very useful for people who travel or run errands.
Online Accounting Software: This online accounting software is intended primarily for small business. It includes everything that a traditional desktop package does plus a few extra bells and whistles. One advantage of online software is that it requires no installation; simply log onto the site and start using the program. Another advantage is the fact that you will save money because you won't have to go to a local office.