How to Be Successful in the Accounting Career

Accountants not only prepare tax returns, they provide their clients with investment, estate, and financial planning advice. Successful accounts not only work accurately and efficiently, they act with the highest standards of integrity and strive to stay up-to-date on developments in accounting, tax law, and professional development.

Things You'll Need

• Professional contacts
• IRS code books

Instructions

1. Stay up to date on laws and policies. In order to maintain your licensure and avoid lawsuits, make sure that you and your staff members have the most current information on federal, state, and local tax codes.

2. Have an area of specialization. Many successful accountants focus on a single niche within the accounting profession, such as small businesses or closely held corporations. Specializing your accounting practice can help you achieve more recognition and expertise.

3. Actively network among other accounting professionals. Keeping up-to-date on professional trends and discussing current accounting topics with your colleagues can help you establish a good reputation, get you referrals, and keep you at the top of your industry.

4. Maintain strong professional standards. Develop a written set of policies on your ethical standards and make sure that your clients understand your commitment to honesty and integrity.

5. Be willing to refer clients to other accountants if their issue is beyond the scope of your practice. Even the most successful accountants will encounter questions to which they do not know the answer. If you do not feel equipped to handle a client's problem, refer him or her to a colleague. This will help solidify your reputation and commitment to giving accurate, useful advice.

References

• Accountants and Auditors - Occupational Outlook Handbook, 2008-09 Edition
• Accounting Career Center