Learn the latest in accounting to get you a job
Introduction
Accounting is used to keep a record of business transactions. It facilitates decision-making for management, communicates results & meets legal requirements based on accepted accounting principles and standards, such as GAAP (Generally Accepted Accounting Principles), IFRS (International Financial Reporting Standards), or ASPE (Accounting Standards for Private Enterprises).
Job opportunities for accountants and auditors, from 2020 to 2030, will grow at the rate of 7 percent, equally fast as the average for all occupations. On average 135,000 jobs for accountants and auditors are projected each year, till 2030.
Accounting software
It is a solution practiced by bookkeepers, accounting professionals, and business owners. It helps to process accounting transactions and manages accounts. It’s more efficient with fewer mistakes than manual processing. It saves time with automation features. The business owner can store important documents and receipts to access at any time.
It helps to get a job in an organization if you are proficient in accounting software. There are many accounting software in the market like FreshBooks, IntuitQuickBooks, Sage Business Cloud Accounting, AccountEdge Pro, etc.
Xero is also accounting software with many features liked by the users.
Xero, a web-based accounting system, was founded in 2006 in New Zealand for accountants, small business owners, and book-keepers. It’s cloud-based with Android and iPhone apps. It has an intuitive, easy-to-read dashboard. It is used to collaborate with multiple users including team members, employees, and the accountant.
Xero’s several useful features include a Hubdoc to capture bills and receipts and project tracking and costs. Its authentication is in two steps to keep your data secure. It offers different subscription plans for different business needs.
Xero training
The next generation has to be trained in accounting and bookkeeping. Any person with training in Xero software efficiently processes, retrieves, and troubleshoots financial information. It helps to drive better business decisions. With developments in technology, accountants optimize their efficiency, since less time is used on simple tasks.
In addition, the use of data in multiple ways is also changing the accounting profession. Accountants and bookkeepers can provide better insights into their clients’ business by using technical skills to understand the data and make it meaningful.
Xero Learn is taught at over 20 educational institutions globally. It includes the Swinburne University of Technology in Melbourne, the University of Waikato, and the Auckland University of Technology (AUT). Xero Learn helps students to learn accounting, bookkeeping, and business studies.
Conclusion
Accounting is a trustworthy job required in every organization. Learn accounting with the latest software like Xero for a great career in the finance sector. Get yourself certified in Xero. Many businesses are using this accounting software. Hence, developing additional skills by using Xero proficiently will set you a class apart from others.