How to become an accountant without a degree

If you’re considering a career change, you may not immediately think of accounting. Although the position offers rewarding, lucrative and varied opportunities, as well as the opportunity to make a significant impact in many different industries, it is considered that a college degree is required to be successful in this profession. However, despite this common misconception, you can become an accountant without a degree. In the UK, it is possible, and even common, to obtain the qualifications required to become an accountant without a university degree.

In fact, an increasing number of people are turning to accounting as a second career option, training and incorporating the skills they will need later in life through colleges and part-time courses. With above-average wages and an additional 80,000 accounting jobs expected to be created over the next three decades in the UK alone, it’s no wonder so many are looking to retrain to start a second career in this industry. Improved and highly valued. Here let’s discuss and deeply explain that how to become an accountant without a degree.

Can you be an accountant without a degree?

You cannot become a certified accountant like a CMA without a bachelor’s degree. However, you may be able to work in the accounting field as an accounting clerk. You can also start the CMA certification process before you finish a degree or even if you have a degree in another field, by passing the exams and gaining the necessary work experience.

Untitled Accountant Job

When you want to work in accounting without a college degree, you have many options. Some of them include the options listed above, which are accounting firm positions that do not require professional certification or licensing. In addition, you may be able to work as an administrator in an accounting firm, an accounts receivable or payable clerk, and other support roles. These jobs will allow you to learn more about the industry. If you’re not sure which career to pursue, CPA, CIA, or CMA, knowledge and personal connections will help you decide.

What are the benefits of being an accountant without a degree?

Here are some potential benefits of being an accountant without a degree:

  • Lower cost of student debt: Deciding not to pursue a college degree can save you money and relieve future student loan debt.
  • Gives you more time to gain certification and professional experience: While others finish their degree, you can focus on obtaining certifications and gaining experience in accounting departments.
  • Allows flexibility in your learning: Most degree programs have tightly structured courses for you to learn accounting concepts on a full-time or part-time schedule. An advantage of learning accounting outside of college, whether you’re learning on your own or studying a course for a certification exam, is that you can learn at your own pace.

Accounting Jobs That Don’t Require a Degree

If you don’t have a degree, or if you have a degree in a field other than accounting, here is a list of jobs you qualify for:

  • Audit clerk

National average salary: $30,098 per year

Key Duties: Audit Clerks verify and maintain the accuracy of all of a company’s financial records and often verify information found in financial documents.

  • Accounting Assistant

National average salary: $34,382 per year

Key Duties: Accounting assistants handle basic financial duties, including preparing financial records, performing administrative clerical duties, and handling transactions.

  • Accounting clerk

National average salary: $34,653 per year

Key Duties: Accounting clerks perform various functions within an accounting department, including administrative duties, such as filing and contacting clients about invoices, or they may handle accounting responsibilities, such as handling accounts and maintaining financial record.

  • Accounting

National average salary: $38,106 per year

Key Duties: Bookkeepers record transactions, track customer accounts, manage tax records and create bank statements, often using accounting software such as QuickBooks, Xero and Safe 50cloud.

Accountant without a degree

  • Study for a degree

Your first step is to study for your qualification. As we have seen, there are several different associations to choose from and most accounting firms accept qualifications from any board. However, it is worth researching each board to see exactly what topics they cover. If you’re not sure where to start, many career training centers offer accounting courses that can be completed relatively quickly and fully prepare you to complete your certifications. Also, if you think you might want to specialize later, you’ll find that some specialists only accept qualifications from specific associations, so it’s important to check which associations accept your desired specialty before you start to avoid disappointment later.

 Decide on a specialization

With so many majors to choose from, it’s important to take the time to consider all types of accounting careers before deciding which one you want to pursue. It’s also important to consider potential salary, what you like to do on a daily basis, and where your talents lie. For example, forensic accounting may be right for you if you have an inquisitive nature and the ability to explain complex financial conclusions to people with non financial backgrounds, while corporate finance may be right for you if you have confidence, excellent numerical skills, and can work well under pressure. Here is a wide range of accounting specialists you can consider:

  • Statement
  • business finance
  • corporate finance
  • corporate recovery
  • corporate background
  • Financial Accounting
  • forensic accounting
  • Internal audit
  • Management accounting
  • Risks evaluation
  • Tax

 Get work experience

Once you have your qualifications under your belt, or even while you are still studying, it will be valuable for your future career to try to gain some work experience at an accounting firm, or within the accounting department of a larger company business. Consider applying for administrative or assistant positions if you’re not already qualified, and try to learn as much as you can about your environment, colleagues, and the projects and clients the team works with.

Before you go, I hope that the above article related to how to become an accountant without a degree will be informational and beneficial for you.

Leave a Reply

Sign Up to Get the Latest Offers

Enter Your Email Address to Receive free access today: