Hey, it’s been a while! Apologies for the radio silence over the past couple of weeks. I’ve been back home in the UK catching up with friends and family. But now it’s business as usual. One video each week. I may have gone a bit over the top with the metaphors in this one. But I was trying out something new and had a lot of fun making it! I’ve had a lot of positive experiences working in Accounting, however there have been some negative ones too. If you’d like to see a video about those, let me know!
hey James, thank you for the 5 reasons ...... PLEASE CAN YOU DO OR TAG THE LINK FOR DEBTORS AND CREDITORS CONTROL ACCOUNTS .... Please include a QUESTION WHICH INCLUDES BALANCES FROM PREVIOUS MONTH AND VAT!!!!! i have an exam soon hope you get this ASAP. or maybe you can just respond with how you deal with VAT .
Accounting Stuff Hey how’s it going I’m taking my financial accounting class soon and I’ll be taking the entrance exam soon. Do you believe it’s a low stress job. I have a heart problem and I don’t want to be stressed out in the future.
Let’s see it man! I start a graduate role with a public company in a few weeks and love your insight and knowledge. Are u a visual learner yourself btw? I can remember details from your videos more than a textbook example lol
@@user-qy6tu9ip9v Hi~, I'm studying accounting and it depends of oneself, at first I was thinking that accountant was too hard because of the theory, because there are too much, but, While I'm studying it becomes more easier, you repeat the accounts and practice it every days by the classes. Give it a try if you want it♡.
my reason for being an accountat is that you can work at any industry of your choice - startups, hospitality, health care - what ever you find interesting for you
@@AccountingStuff Thank you for the informative video. Does accounting enable you to work anywhere in the world? Also, if one is not good at maths, but wants to change career and pursue an accounting one, is that possible? If so, what tips would you give for one to improve upon ones mathematics and do well in accountancy? Thank you
@@TehreemPurity1 Hey Tehreem, the underlying accounting principles don't change much at all, no matter where you are. I have had no trouble working abroad as an accountant but it could depend on the country. Accounting mostly uses basic Maths.
I am an Accountant that has built up my own practice from scratch. No regrets here. High income and I only need to work part time to maintain my life style.
@@mrsqueaks1154 Yes actually! I switched to pre-business and I've never been happier! I'm also now considering switching to majoring in finance next year. :)
This is one of the first accounting videos I have watched and it has been a great one to say the least, very well put together! I am looking to study accounting after being out of high school for 4 years. Well done and keep up the great work!
Hello James. I would like to say a big thank you for uploading these videos on UA-cam. I have finished my ACCA studies and currently aiming to pursue a career in audit field to work my way to become an ACCA member. I had to take a break after graduation due to mental health and depression after my father passed away during my studies. Your videos have helped me refresh my knowledge and find confidence in pursuing a career as an auditor. Thanks again.
Hey man, just want to say your positivity is infectious. Recently left a job I wasn't happy at and I'm almost certain I'm going to pursue a career change into accounting. There's so many positives to the field that you don't hear people talking about online, it's mostly negativity. The spiritual aspect to accounting you talk about 100% resonates with me. It seems like a beautiful career path to me and this video helped ground me by reminding me that I'm not alone for being drawn to accounting. It's not for everyone obviously and I know there's going to be lows, but my gut tells me my brain and personality are that of an accountant and I'm excited about what the future holds. I know I'll come back to this video at some point again during my studies to remind myself that attitude and ability to think long term are everything with this career path, but also in life. Much love man
I really needed to hear this, and I’m glad that I stumbled across this video! I’m starting as an Audit trainee soon at a pretty large firm, and although it was difficult to get the position I find myself still worrying about whether I’ve made the right decision. I’m glad to find someone who’s more upbeat about accounting, and your point about it being your rock so that you can take a risk is very relevant to me. Especially with the current climate, I think people are beginning to value job stability more! Thank you!
I personally choose accounting as my profession and I have been learning it for the past 4 semesters (2 years) for the purpose of earning a degree in this field of discipline and eventually earn professional license through taking the national CPA board examination in the country (Philippines), and it was really challenging and requires great hard work and patience, but I have seen myself grow, but there are also times when I doubt myself if this is truly for me, if this is what I really want.. Watching this video reminds me of how would I approach in learning it and that it will really be worthy in the end!
That's great! I'm planning to take accounting too in college this year. But I'm not sure if this is really for me. I wonder if you could help me answer my questions about being an accountant? Thank you!
I've never studied accounting in highschool, did purely science and was about to take a degree in maths, fell into a depressive state and failed one exam because I put zero work into it, I recovered and found out about accounting, I was about to go back to maths but I started digging into the pros and cons of accounting and I found out that accounting was in fact one of the best degrees that you can take from job opportunities to the useful day to day knowledge you get with finances and other things, science will always be my first area I loved studying but accounting is the area I will truly love for probably the rest of my life.
dude, your videos are probably the best accounting videos out there. im only now finishing up my AAS in accounting, and now im thinking about applying to a university and get my bachelors
I’m not in the accountancy industry at the moment but I really enjoyed the learning and progression as I have been top notch at maths and it’s something that I enjoy when you enjoy something you tend to put more hours in the learning which is always great
I was working two jobs one a house keeping/care giver job and the other part-time at a bakery. I also had to make the decision to homeschool my daughter during the COVID-19 situation, for this year as of right now. I enrolled at college before I had made the decision to homeschool her. Decided to go back to college (online this time) and get my Bachelor’s in Accounting. I want to have financial stability. I have always been a physically hard worker, now I want to use my brain to make more money instead of my body. I feel a bit overwhelmed as classes start in 6 days. I hope I am smart enough to get through it and make a better life for my daughter and myself. Your videos are absolutely wonderful and will be very helpful in the near future. Thank you for your hard work in creating them.
@@royharper2003Two thirds of all accounting majors NEVER get their CPA. Only 1/3 of all accountants are CPAs. You don not have to be a CPA. If you can that's great. But it takes 1-2 years, thousands of dollars on study materials, 1-2 years of work experience, permanent ongoing educational requirements, and 150 credits. The biggest misconception in accounting is that it's drilled into you that you have to work for the big 4 and you have to get a CPA. Just not true.
@@witnesstothestupid I'm curious, are you an accountant or do you work in the accounting field? Where is your data on potential earnings of accountants with their CPA and accountants without their CPA? Where is it said that CPAs have to work in Public Accounting? In private industry, corporate America and governmental accounting, persons with their CPA can get promotions and positions that persons without their CPA simply cannot. I've seen it too many times to count. Certain positions, such as CFO, require a CPA because they have to sign off on their financial statements. I've been an auditor/accountant/CPA for 28 years and I've never worked for a CPA firm. A person with only an accounting degree will, most likely, hit a ceiling in their career that persons with their CPA or other licenses (CIA, CMA, etc.) can climb past. Of course, you don't have to get your CPA or any other further education which takes more time and money. However, doing so will more than likely only help your level of success and earnings in the field. You're complaining about CPEs? Are you serious? Attorneys have to maintain CPEs so are you saying that's a reason not to become an attorney?
Starting this channel was an excellent idea in my opinion. I think you do an excellent job breaking down concepts in a clear and engaging way. So glad I found it!
Man you are amazing! I'm currently a highschool student studying business.. Accounting is my main and important subject.. sometimes i hate this subject sometimes i like it and wish to persue a career in ACCA.. my parents wants me to do ACCA but accounting seems to be boring and hard to me but after watching your videos I'm gaining more interest in this field! Thank you so much! 💖
But i have a question that I'm confused about.. i want to study animation also, and want to do animation job.. I'm confused can i do two jobs together? Like ACCA have this flexibility that you can do another job with it? Like doctors can do two things together, they can run their own clinic.. Accountants have something like this to start their own and also do another job with it?
@@nycto16 It can be really tough to decide on a career path. Which would you prefer to do? I think it might be quite difficult to work both jobs at the same time.
@@AccountingStuff hmm yes you are right.. with ACCA it's hard, I'm so much interested in Animation & Filmmaking.. if i study both, so i just put ACCA as a qualification and work as an animator..
I'm a fan from Taiwan 🇹🇼 It's one day I was watching UA-cam and one of your videos appears, I had no idea why because I didn't watch any accounting videos on UA-cam before. As I was curious why the video appeared, I watched it, and it's you who makes me start getting interested in it! Cool! (I was major in accounting in University, but in that four years I didn't study hard at all and found it was super boring.) And after watching your other videos, I quitted my job, because I finally found a thing which is really hard, professional, and I am interested in. Thank you super much James!!
Good video, I liked the part at the end about taking risky ventures. It's true that accounting is one of the more stable business professions, so it does draw more risk adverse individuals. However the reality is accountants are business men and women, so taking risks is still necessary to go far. It's through risk taking I was finally able to break out of unemployment and land a tax position with a middle market accounting firm. In order to get hired I agreed to work in Boise Idaho instead of my home city of Los Angeles, I will relocate after COVID. A scary venture but also an entrepreneurial one, given the booming nature of Boise.
Mate, I've lived in Brisbane for 5 years, now I am back in my hometown in Spain kicking off my career as an accountant in an awesome renewable energy company. Your videos are being an amazing source of knowledge and inspiration. Thanks!
Awesome video. I am happy to see your passion and enthusiasm for Accounting. I'm torn in between deciding to do accounting or marketing for my degree. As you said accounting offers job security and allows you to take risks, it is a content and stable career. I enjoy marketing because of the range of consumers to analyse and cater to, you work with many other businesses in to making reports on how to make a company stand out to the audience. I hope I can make a decision soon. Thanks!
Hey dude, I wanna send a big thanks to you. I have an idea of moving to Canada this morning to change my living environment. This is a very big plan taking several years of experience because I am still studying and applying for some accounting positions. But ya know, as you refer " accounting profession is a rock". Your video is cool. Thanks a tonnnn.
Yes this was a wise decision please never stop you are helping me and other people soooo much, I have never found such an interesting, easy to understand, aesthetically pleasing accounting channel on UA-cam before!!!
2 reasons 1. It's fun ( i enjoy financial education and numbers ) 2. At the highest position you make a shit ton of money ( CFO are at the six figures ..... even seven )
Julissa Rodriguez what are you taling about? I’m 22, gonna have to make a “Berufsmatur” wich will take me 2 years. and then another 3-4 years for my Bachelor and another 2 years for the master...I’ll start working in management and accounting by the age of 30 so what? don’t let your age be a excuse. Even if you’re there by 40...you got a decent job in wich you can grow and get promotet. You’ll earn handsomely for 10 years and then you’ll be just 50....
Don't worry .. I am also in my twenties considering studying accounting Eventhough I have an engineering degree which I figured out wasn't suitable for me
Thank you accounting stuff , this inspire me a lot for not regret choosing account , my family said account is hard to study , at first I'm scared and thinking maybe I made a wrong decision , but after watching this , I think I didn't made a wrong decision , it's just depends on myself , how I will do and how I think , I will continue work hard on my accounting 👍
Hi there, I’m a mature student who’s going into Admin Accounting as my 4th diploma here in Canada. I went for my passions, fashion design and then childcare, and I found out too late I’m not fit for them. As an introvert with social anxiety & self doubt, do you think this is the right choice? If so, what kind of accounting work is for “the non-ambitious yet wanting to make a happy stable living” person should go for? Sorry if this is long, wanted to be through 😅
Hey there, I don't see why accounting shouldn't be a bad fit for you. There are many different types of job in this field so you'll have plenty of options. Best of luck with it all!
Hi James!! Best accounting/ bookkeeper video!! I work as an account assistant/ bookkeeper & I hope to move out of the UK to work in finance from home with the experience I have 😙 stay blessed ❤
Honestly, thank you. I watched another persons "What I wish I knew before I Got Into Accounting" and she really scared me. I actually started to freak out about this choice. I'm older and like you, have tossed around ideas on what I should do with my life for so long that I just picked something to benefit my current company and my own understanding of finances so that I can make better choices... You just gave me hope and relit the fire in me.
Hey man, I’m super confused about wether to go down a maths career or engineering career for university. For accounting, what do you actually do on a day to day basis? What are the salaries? How’s the social life?
Hey John, Maths and Engineering are both great options. You won't need either for accounting as it only requires basic maths. The job and salaries can vary hugely depending on where you work. As can the social life.
Accounting Stuff cheers man appreciate it. Everyone always made it seem as if accounting is a mathematics job, so it got me interested. I hate business studies, so thank you for clearing that up, and now know not to go into that field now lol.
I've wanted to become an accountant since i was about 10 because my mother is one, I'm 17 now and studying to become an accountant. I'm watching alot of your videos and they're helping with my school stuff thank you alot
Hey, Your video inspired me to pursue an accounting career seriously. I'm an accounting student and I've found the joy in studying this major through your UA-cam channel. Big thankssss!
Hi there, I like your video, could you talk about the future of this job ? and can we say that the " IT" can replace the human in this job ? Because i see that almost the work is done by some applications like SAP, SAGE, ........
In Chinese, we called "the rock" as "steel rice bowl" due to clay made can be break easily. Fruther elaborate as, when it comes to laying off employees, the first one asks to go when the Co is not doing well is from the operations, such as the engineers, chefs and etc. It makes sense because operation made up the revenue for production of goods and services. There is production but no sales, thus unable to cover their labour costs. Especially now, we are facing a huge pandemic crisis, the economy goes into recession/slow down. I'm seeing my peers graduating with no job offers from other fields such as architecture and graphic design. Accounting wise, corporations still have to generate financial statements required by accounting standard, audit, tax filing, listing compliances and etc. Accountants are necessary cost centres as the Co will be going concern. A great video, really enjoyed it.
Thanks for your insights! I'm sorry to hear that some of your friends are graduating without any job offers. I hope things take a turn for the better soon. Stay safe!
Man, you have some great video editing skills! Great video. Question: do you have to be a Certified accountant to work for a firm or can you also be self-taught? How is the pay in the UK for an accountant? any specific accounting software you'd recommend? courses/books? Eager to hear from you. Tks!
Hey Gregory, to work as a Financial Accountant you don't have to be Certified. However having some formal training will make job applications much easier. Pay depends on where you live, the industry you are in what role you have. Accountants can get anything from 20,000 GBP to 100k + (for CFO's and Audit Partners). I recommend reading the 'Accounting Game' for anyone starting out. All the best!
Hi, your UA-cam channel is the most inspiring out of every single ones I've been on! Good job on this. You make everything more interesting and funnier. I just discover yours today and your videos are helping me in my studies. As you have said in this video, I have been working in an accounting company for a while but the work itself isn't that challenging. I chose this career due to its stability and the studies are kinda interesting to say the least. I will most likely follow your tips since I am still new to it. Thanks for your videos, can't wait for more!
You may want to try public accounting? It could be fun and challenging as well. I worked in private accounting for 5 years and then decided to change to public accounting to have more challenges. I have been working in public accounting for more than a year and I love it.
I think being an accountant would be good for me. I have OCD so I naturally am drawn to making things efficient. I am very good at math and it doesn't bore me too much. And I love working with money and percentages.
Your videos are so helpful, thank you so much! I’m currently majoring in accounting at university and your videos have helped me in my introduction to financial accounting class, so thanks so much!
I think that many bookkeeping jobs will eventually get replaced by AI. Although, highly-skilled accountants will still be needed to operate and interpret the new technology.
@@yoeri7004 I think it would help to do additional reading beyond the scope of your normal job. Also, if you can get a Financial Controller role where you see the big picture then that would be ideally. However it takes a while to build up that experience
Hi I am a student of Accounting, your video had help me a lot in my studies. I found it difficult doing my first year of studies but through your video I am able to analyzes and journalized a transaction I which you upload more video.
Best Bookkeeping/ Accounting channel I've found thus far .. Awesome and very cool display of putting things in perspective .. You've re -ignited the fire in me to pursue a career in bookkeeping and to possibly start a virtual bookkeeping business .. Your truly a God send ... Keep up the awesome work ... Glad I found you .. Blessings ..
@@AccountingStuff Thank you so much for answering quite quickly. By the way I'm totally sharing your channel with my friends. Your making accounting subjects be fun and interesting 😊
Right you are! There are a lot of perks like pay and stability of the career, and demand. I constantly have to beat off recruiters with a stick when they come at me for jobs.
Hi! I absolutely LOVE your videos - they've been so so helpful. Thank you so much for all you do. I know you have a series on quickbooks - would you be interested in doing a video on Excel? Nothing too in depth since I know it's so in depth, but if you could do a video on the typical things you'd use on a daily baisis? Thank you so much for all you do - you've helped me understand accounting a lot more. I work full time and I go to school full time so it's been helpful to watch your videos vs try to sort through the power points the professor uploaded. Thank you again!!
Hmmm... I feel like bookkeeping is already becoming automised. But there will always need to be someone who's in control of the software, and who can interpret the information that it spits out. That's when accountants come in
16ty32456t rr46435t33t may I add that interpreting tax code isn’t something that can be automated. It’s extremely complex and constantly changing. Will attorneys be automated too?
Im 32 yrsl old,I dropped school (and regreted) only finish high school,but im good in numbers and I love them accounting runs in the family my 7 aunts are accounting clerks and this is my dream job,Im a mother of 4 kids and I have decided to go back to school and wanted to get sum motivation,I watched your video and I Thank you, I am convinced that I will be ine of the best accountants, wait for news of me in a future. Hod bless u.
That’s amazing for the change. Good luck to you on your career! You can handle 4 kids, so oh yeah, you can definitely handle accounting. Taking care of kids is way more difficult than doing accounting. Haha.
I have been in the industry for 10 years....the last 6 years as an auditor at a Big 4 public accounting firm and now currently 4 years and counting in the commercial private industry....honestly after watching your video, i believe now that accounting profession is always needed in any kind of organization. Honestly I always want to be an engineer at the first place because it seems so cool but becoming an accountant is cool too...
I want to go back to school but I’m not sure if I should be an Accountant or go into cyber security. I’ve never thought about being an accountant but I enjoy the repetition and learning how money works may help me personally in the long run. But I’m not sure I will like it because I’ve never done it so I’m at a crossroads on what’s right for me.
Everytime people ask me what am i gonna major in uni, i said accounting, and they just have a negative response to it saying its boring and hard and i won't find a job easily as everyone else are gonna major accounting is this true or they just dont know whats accountung in general ?
Hey Nasser, I think everyone's experience is totally different. Some jobs can be boring and some are interesting. It's down to you to seek out the ones that you enjoy.
Hey i’m a high school student and your video gave me some hope that accounting is a solid direction but my main thing is does this practice make you happier in life?
That is a tough question. I don't think happiness is determined solely by your career. That being said, it's really what you make of it. You can have massively different experiences doing the exact same job at different companies. The challenge is to find a role that suits you and the lifestyle you want to live. You might not find it first time. But as time passes you can switch positions and companies until you find something that works for you. Hope that helps
I wish that I’d become economist when I was 16 too. I had this subject at school and I really was keen on. I took 1st place in my city (Russia, Novosibirsk) in the economic tournament despite the fact that I had never participated in school competitions before. I chose this profession because I saw that women which worked in this area (mothers of my friends) had constant salary and job. I really hope that this channel will help me improve my skills, especially on international level.
I want to change career into managing the financials of the company such as a CFO, treasury, corporate financial accounting & strategic management. would u recommend someone coming from the data science/analytics background to do the CPA or go with an MBA in Finance?
Well your talks and your channel made me to put in my consideration to take accounting course after completing the medicine 5 years in pharmacy department
I am in love with accounting since 4 days and i thing i will be till end of my life, With love from afghanistan Your Chanel vedios effected on me much Hope you to achieve your goals
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
Hey, it’s been a while! Apologies for the radio silence over the past couple of weeks. I’ve been back home in the UK catching up with friends and family. But now it’s business as usual. One video each week. I may have gone a bit over the top with the metaphors in this one. But I was trying out something new and had a lot of fun making it! I’ve had a lot of positive experiences working in Accounting, however there have been some negative ones too. If you’d like to see a video about those, let me know!
Yes would love to see a video about it!
Will accounting be automated in the future
hey James, thank you for the 5 reasons ...... PLEASE CAN YOU DO OR TAG THE LINK FOR DEBTORS AND CREDITORS CONTROL ACCOUNTS .... Please include a QUESTION WHICH INCLUDES BALANCES FROM PREVIOUS MONTH AND VAT!!!!! i have an exam soon hope you get this ASAP. or maybe you can just respond with how you deal with VAT .
Accounting Stuff Hey how’s it going I’m taking my financial accounting class soon and I’ll be taking the entrance exam soon. Do you believe it’s a low stress job. I have a heart problem and I don’t want to be stressed out in the future.
Let’s see it man! I start a graduate role with a public company in a few weeks and love your insight and knowledge. Are u a visual learner yourself btw? I can remember details from your videos more than a textbook example lol
1. Stable industry
2. Financial literacy
3. Interesting
4. Opportunity to work for yourself
5. Stability career.
YW
Agreed. 👍
Mvp
How hard is intro accounting? Debit, credit, and accounts seem so complicated.....
@@user-qy6tu9ip9v Hi~, I'm studying accounting and it depends of oneself, at first I was thinking that accountant was too hard because of the theory, because there are too much, but, While I'm studying it becomes more easier, you repeat the accounts and practice it every days by the classes. Give it a try if you want it♡.
@@Earthyrial Thank you Arancia. I am planning on doing either Accounting or supply chain. Hopefully, both are a good choice.
my reason for being an accountat is that you can work at any industry of your choice - startups, hospitality, health care - what ever you find interesting for you
Good point
@@AccountingStuff Thank you for the informative video.
Does accounting enable you to work anywhere in the world?
Also, if one is not good at maths, but wants to change career and pursue an accounting one, is that possible? If so, what tips would you give for one to improve upon ones mathematics and do well in accountancy?
Thank you
@@TehreemPurity1 Hey Tehreem, the underlying accounting principles don't change much at all, no matter where you are. I have had no trouble working abroad as an accountant but it could depend on the country.
Accounting mostly uses basic Maths.
@@AccountingStuff Thank you for your reply 😊
@@AccountingStuff do you suggest any books, etc, which I can use to familiarise myself with and practice?
I am an Accountant that has built up my own practice from scratch. No regrets here. High income and I only need to work part time to maintain my life style.
Congrats! Glad to hear that you're business is going well.
Wanna give me some tips?😅I’m starting college this fall & I’m considering from switching from a medical career to a business one😬😬
@@carderdusk2833 My tip is to make sure you study Tax Law.
@@carderdusk2833 did you decide? I did a similar kinda thing myself
@@mrsqueaks1154 Yes actually! I switched to pre-business and I've never been happier! I'm also now considering switching to majoring in finance next year. :)
6. Nobody ask you questions when you say that you're an accountant
why is that? 😂
lmao i can hear the audio
Facts
What do you do?
@@HarvestimeSoftball I'm an accountant.
For me, this is the best accounting channel on UA-cam.
Cheers Mohamed, that is kind of you to say!
I highly agree
Same here
agreed
Jobs for Accountants and Finance Manager
ua-cam.com/video/aaEbp0awr9M/v-deo.html
I'm personnally studying in accounting for my CPA... these past weeks have been so hard on me. A litlle bump of motivation is always welcome. Thanks!
its been a year.... how'd it go? I'm currently studying and its so unmotivating.
Wow. Finally I find a channel that makes Accounting really fun to watch, learn and enjoy yourself all in ONE. Thanks James.
Cheers Jay, glad you enjoyed it!
Jobs for Accountants and Finance Manager
ua-cam.com/video/aaEbp0awr9M/v-deo.html
This is one of the first accounting videos I have watched and it has been a great one to say the least, very well put together! I am looking to study accounting after being out of high school for 4 years. Well done and keep up the great work!
Cheers Keegan! Best of luck with your studies
You made me emotional at the end of the video 😭 I believe your channel will grow more and more as you deserve it 💜
Thanks, I appreciate your support!
Hello James. I would like to say a big thank you for uploading these videos on UA-cam. I have finished my ACCA studies and currently aiming to pursue a career in audit field to work my way to become an ACCA member.
I had to take a break after graduation due to mental health and depression after my father passed away during my studies.
Your videos have helped me refresh my knowledge and find confidence in pursuing a career as an auditor. Thanks again.
No problem! Sorry to hear that you've had a rough time recently. I wish you all the best with your career in Audit
Hey man, just want to say your positivity is infectious. Recently left a job I wasn't happy at and I'm almost certain I'm going to pursue a career change into accounting. There's so many positives to the field that you don't hear people talking about online, it's mostly negativity. The spiritual aspect to accounting you talk about 100% resonates with me. It seems like a beautiful career path to me and this video helped ground me by reminding me that I'm not alone for being drawn to accounting. It's not for everyone obviously and I know there's going to be lows, but my gut tells me my brain and personality are that of an accountant and I'm excited about what the future holds. I know I'll come back to this video at some point again during my studies to remind myself that attitude and ability to think long term are everything with this career path, but also in life. Much love man
Best of luck with your career change! I wish you great success :)
I really needed to hear this, and I’m glad that I stumbled across this video! I’m starting as an Audit trainee soon at a pretty large firm, and although it was difficult to get the position I find myself still worrying about whether I’ve made the right decision. I’m glad to find someone who’s more upbeat about accounting, and your point about it being your rock so that you can take a risk is very relevant to me. Especially with the current climate, I think people are beginning to value job stability more! Thank you!
Congrats with landing your job in Audit! I was an Auditor for 3 years. It was hard work but I learnt a lot. Best of luck with it all!
IT's been almost a year! any updates as an auditor
How is it so far
I personally choose accounting as my profession and I have been learning it for the past 4 semesters (2 years) for the purpose of earning a degree in this field of discipline and eventually earn professional license through taking the national CPA board examination in the country (Philippines), and it was really challenging and requires great hard work and patience, but I have seen myself grow, but there are also times when I doubt myself if this is truly for me, if this is what I really want.. Watching this video reminds me of how would I approach in learning it and that it will really be worthy in the end!
That's great! I'm planning to take accounting too in college this year. But I'm not sure if this is really for me. I wonder if you could help me answer my questions about being an accountant? Thank you!
@@julliana5738 depends in what you like, for me i want to become CPA and join nbi
I've never studied accounting in highschool, did purely science and was about to take a degree in maths, fell into a depressive state and failed one exam because I put zero work into it, I recovered and found out about accounting, I was about to go back to maths but I started digging into the pros and cons of accounting and I found out that accounting was in fact one of the best degrees that you can take from job opportunities to the useful day to day knowledge you get with finances and other things, science will always be my first area I loved studying but accounting is the area I will truly love for probably the rest of my life.
Bruh I had the exact same experience you had!
I've been second guessing myself but this video gave me a nice reminder. Currently taking business administration and majoring in accounting
Accounting is my dream subject & I wanna be an Accountant in future.🙂 Your videos are the best in UA-cam.
Great to hear that you're interested in Accounting!!
I've been looking for a channel like this for a while!! Thank you and greetings from Argentina
Hey Gonza, great to have you on board!
dude, your videos are probably the best accounting videos out there. im only now finishing up my AAS in accounting, and now im thinking about applying to a university and get my bachelors
Thanks Luis! Great to hear that you're pursuing accounting. Hope your studies are going well :)
I’m not in the accountancy industry at the moment but I really enjoyed the learning and progression as I have been top notch at maths and it’s something that I enjoy when you enjoy something you tend to put more hours in the learning which is always great
Thanks for the feedback, really appreciate it and I hope my interest for accounting increases as the course develops throughout the next three years
No worries, I hope so too!
The metaphors help to solidify the concepts. Thankyou for sn excellent, concise presentation 👍
I was working two jobs one a house keeping/care giver job and the other part-time at a bakery. I also had to make the decision to homeschool my daughter during the COVID-19 situation, for this year as of right now. I enrolled at college before I had made the decision to homeschool her. Decided to go back to college (online this time) and get my Bachelor’s in Accounting. I want to have financial stability. I have always been a physically hard worker, now I want to use my brain to make more money instead of my body. I feel a bit overwhelmed as classes start in 6 days. I hope I am smart enough to get through it and make a better life for my daughter and myself. Your videos are absolutely wonderful and will be very helpful in the near future. Thank you for your hard work in creating them.
Hey Jessica, it sounds like you've been hit hard by COVID-19. I hope you enjoy your course, I'm sure you'll do great! Best of luck with it all
@Jessica I would advise getting your CPA because these days it is so competitive and your CPA will also open doors that a bachelors cannot.
@@royharper2003Two thirds of all accounting majors NEVER get their CPA. Only 1/3 of all accountants are CPAs. You don not have to be a CPA. If you can that's great. But it takes 1-2 years, thousands of dollars on study materials, 1-2 years of work experience, permanent ongoing educational requirements, and 150 credits. The biggest misconception in accounting is that it's drilled into you that you have to work for the big 4 and you have to get a CPA. Just not true.
@@witnesstothestupid I'm curious, are you an accountant or do you work in the accounting field? Where is your data on potential earnings of accountants with their CPA and accountants without their CPA? Where is it said that CPAs have to work in Public Accounting? In private industry, corporate America and governmental accounting, persons with their CPA can get promotions and positions that persons without their CPA simply cannot. I've seen it too many times to count. Certain positions, such as CFO, require a CPA because they have to sign off on their financial statements. I've been an auditor/accountant/CPA for 28 years and I've never worked for a CPA firm. A person with only an accounting degree will, most likely, hit a ceiling in their career that persons with their CPA or other licenses (CIA, CMA, etc.) can climb past. Of course, you don't have to get your CPA or any other further education which takes more time and money. However, doing so will more than likely only help your level of success and earnings in the field. You're complaining about CPEs? Are you serious? Attorneys have to maintain CPEs so are you saying that's a reason not to become an attorney?
Starting this channel was an excellent idea in my opinion. I think you do an excellent job breaking down concepts in a clear and engaging way. So glad I found it!
Thanks! I'm glad you're enjoying the videos
Why am I watching this? I have been a CPA for 10 years.
Do you like it?
Do you recommend it?
Woaah! Congrats Sir!
dude your DEALER accronym helped me thru my core accounting classes. one more semester to go
Nice one, best of luck with your final semester!
Man you are amazing! I'm currently a highschool student studying business.. Accounting is my main and important subject.. sometimes i hate this subject sometimes i like it and wish to persue a career in ACCA.. my parents wants me to do ACCA but accounting seems to be boring and hard to me but after watching your videos I'm gaining more interest in this field! Thank you so much! 💖
But i have a question that I'm confused about.. i want to study animation also, and want to do animation job.. I'm confused can i do two jobs together? Like ACCA have this flexibility that you can do another job with it? Like doctors can do two things together, they can run their own clinic.. Accountants have something like this to start their own and also do another job with it?
@@nycto16 It can be really tough to decide on a career path. Which would you prefer to do? I think it might be quite difficult to work both jobs at the same time.
@@AccountingStuff hmm yes you are right.. with ACCA it's hard, I'm so much interested in Animation & Filmmaking.. if i study both, so i just put ACCA as a qualification and work as an animator..
I'm a fan from Taiwan 🇹🇼
It's one day I was watching UA-cam and one of your videos appears, I had no idea why because I didn't watch any accounting videos on UA-cam before. As I was curious why the video appeared, I watched it, and it's you who makes me start getting interested in it! Cool!
(I was major in accounting in University, but in that four years I didn't study hard at all and found it was super boring.)
And after watching your other videos, I quitted my job, because I finally found a thing which is really hard, professional, and I am interested in. Thank you super much James!!
Hey Agnes, it's great to hear that you're getting back into it! All the best with you career :)
did accounting in high school, community college and now I am on my way to B.S in accounting
Nice one!
With all of your educational accounting videos, you are doing a service to humanity
Great to hear you're finding them useful :)
Good video, I liked the part at the end about taking risky ventures. It's true that accounting is one of the more stable business professions, so it does draw more risk adverse individuals. However the reality is accountants are business men and women, so taking risks is still necessary to go far. It's through risk taking I was finally able to break out of unemployment and land a tax position with a middle market accounting firm. In order to get hired I agreed to work in Boise Idaho instead of my home city of Los Angeles, I will relocate after COVID. A scary venture but also an entrepreneurial one, given the booming nature of Boise.
Congrats on landing your job!! Hope you're keeping safe and well :)
Mate, I've lived in Brisbane for 5 years, now I am back in my hometown in Spain kicking off my career as an accountant in an awesome renewable energy company. Your videos are being an amazing source of knowledge and inspiration. Thanks!
Hello everything is fine? What are your previous experiences? I would like to enter this area of sustainable accounting.
I agree with your third point, accounting is interesting😍
Great to hear I'm not alone!
this vid kinda made me tear up at the end (in a good way) your positivity really makes accounting sound quite nice
❤
Awesome video. I am happy to see your passion and enthusiasm for Accounting. I'm torn in between deciding to do accounting or marketing for my degree.
As you said accounting offers job security and allows you to take risks, it is a content and stable career. I enjoy marketing because of the range of consumers to analyse and cater to, you work with many other businesses in to making reports on how to make a company stand out to the audience. I hope I can make a decision soon. Thanks!
Hmmm... that's a tough decision! Marketing and Accounting are two very different career paths.
Hey dude, I wanna send a big thanks to you. I have an idea of moving to Canada this morning to change my living environment. This is a very big plan taking several years of experience because I am still studying and applying for some accounting positions. But ya know, as you refer " accounting profession is a rock". Your video is cool. Thanks a tonnnn.
Hey there! It's great to hear that you're considering a move to Canada. I love it here
I personally love accounting, during exams and stuff I feel so relaxed and not stressed. I love it.
I wish I was the same way! re feeling relaxed and not stressed about exams
Well done man. Solid points! As a management accountant, I can totally relate.
Cheers Buddy :)
ua-cam.com/channels/siUGyAkO2jSF-cSHByui2A.html
Awesome video. Helped me understand what accounting is and the possibility of changing my degree.
Cheers Monica! What are you currently studying?
Accounting Stuff currently studying education (math teacher 4-8th grade)
@@monicaliebling5857 Oh, I see! So you'd like a total change in career
Accounting Stuff yes!
@@monicaliebling5857 Good on you, all the best!
Yes this was a wise decision please never stop you are helping me and other people soooo much, I have never found such an interesting, easy to understand, aesthetically pleasing accounting channel on UA-cam before!!!
Thanks buddy! I plan to keep at it. All the best :)
2 reasons
1. It's fun ( i enjoy financial education and numbers )
2. At the highest position you make a shit ton of money ( CFO are at the six figures ..... even seven )
Glad to hear I'm not the only one who finds it fun!
@JOSEPH ASWATH true accounting is not all about numbers
If I like mathematics and money, would Accounting or Finance fall into this category????
@@ae3446 math is not a big deal, but yeah it would fall to your category.
@JOSEPH ASWATH hahaha nice joke
It's awesome that your videos are so visual! Also happy to see you're also a Vancouverite!! Welcome to our city and I hope you love it.
I feel to old reading through the comments they are soo young im here in my 20’s starting accounting 😕😔
Julissa Rodriguez what are you taling about? I’m 22, gonna have to make a “Berufsmatur” wich will take me 2 years. and then another 3-4 years for my Bachelor and another 2 years for the master...I’ll start working in management and accounting by the age of 30 so what? don’t let your age be a excuse. Even if you’re there by 40...you got a decent job in wich you can grow and get promotet. You’ll earn handsomely for 10 years and then you’ll be just 50....
I'm 28 in uni for accounting, don't worry about anyone elses timeline
Can’t compare yourself to anyone else ... we’re all different . God bless and good luck
Don't worry .. I am also in my twenties considering studying accounting Eventhough I have an engineering degree which I figured out wasn't suitable for me
I’m 300 yrs old and I ain even started yet
Thank you accounting stuff , this inspire me a lot for not regret choosing account , my family said account is hard to study , at first I'm scared and thinking maybe I made a wrong decision , but after watching this , I think I didn't made a wrong decision , it's just depends on myself , how I will do and how I think , I will continue work hard on my accounting 👍
Hey Yas, it's great to hear that you're happy with your choices! All the best
Hi there, I’m a mature student who’s going into Admin Accounting as my 4th diploma here in Canada. I went for my passions, fashion design and then childcare, and I found out too late I’m not fit for them. As an introvert with social anxiety & self doubt, do you think this is the right choice? If so, what kind of accounting work is for “the non-ambitious yet wanting to make a happy stable living” person should go for? Sorry if this is long, wanted to be through 😅
Hey there, I don't see why accounting shouldn't be a bad fit for you. There are many different types of job in this field so you'll have plenty of options. Best of luck with it all!
Hi James!! Best accounting/ bookkeeper video!! I work as an account assistant/ bookkeeper & I hope to move out of the UK to work in finance from home with the experience I have 😙 stay blessed ❤
Hey Sabrina, I hope that works out for you! All the best :)
Holy crap I just discovered this channel. Hey fellow Vancouverite!
Honestly, thank you. I watched another persons "What I wish I knew before I Got Into Accounting" and she really scared me. I actually started to freak out about this choice. I'm older and like you, have tossed around ideas on what I should do with my life for so long that I just picked something to benefit my current company and my own understanding of finances so that I can make better choices... You just gave me hope and relit the fire in me.
Great to hear you found it useful! Best of luck
I am college studs. accounting Major, I watched video like this to uplift my self from strenuous studying. Haja
It's important to take breaks. All the best with your studies!
How is it in school? Is it hard?
HAPPY 300K SUBSCRIBERS! YOU DESERVE IT AND U CERTAINLY DESERVES MORE
Cheers buddy!!
Hey man, I’m super confused about wether to go down a maths career or engineering career for university. For accounting, what do you actually do on a day to day basis? What are the salaries? How’s the social life?
Hey John, Maths and Engineering are both great options. You won't need either for accounting as it only requires basic maths. The job and salaries can vary hugely depending on where you work. As can the social life.
Accounting Stuff, would you say accounting a more mathematical subject or business subject?
@@johneasy6622 I would say it's a business subject with some math involved
Accounting Stuff cheers man appreciate it. Everyone always made it seem as if accounting is a mathematics job, so it got me interested. I hate business studies, so thank you for clearing that up, and now know not to go into that field now lol.
@@johneasy6622 rah
I've wanted to become an accountant since i was about 10 because my mother is one, I'm 17 now and studying to become an accountant. I'm watching alot of your videos and they're helping with my school stuff thank you alot
No worries, it's great to hear that you're interested in accounting. Best of luck with your studies!
I just graduated high school I think I'm biased to the economics field haha hope I dont regret it
Hope it all works out for you!
This was probably the most helpful and interesting video for teaching me about accounting
Cheers Asha, glad you enjoyed it
Do you think is a good choice for someone from a low income family.
Potentially, there is room for career progression and higher salaries
Hey, Your video inspired me to pursue an accounting career
seriously. I'm an accounting student and I've found the joy in studying this major through your UA-cam channel. Big thankssss!
Hi there, I like your video, could you talk about the future of this job ? and can we say that the " IT" can replace the human in this job ?
Because i see that almost the work is done by some applications like SAP, SAGE, ........
In Chinese, we called "the rock" as "steel rice bowl" due to clay made can be break easily.
Fruther elaborate as, when it comes to laying off employees, the first one asks to go when the Co is not doing well is from the operations, such as the engineers, chefs and etc. It makes sense because operation made up the revenue for production of goods and services. There is production but no sales, thus unable to cover their labour costs.
Especially now, we are facing a huge pandemic crisis, the economy goes into recession/slow down. I'm seeing my peers graduating with no job offers from other fields such as architecture and graphic design.
Accounting wise, corporations still have to generate financial statements required by accounting standard, audit, tax filing, listing compliances and etc. Accountants are necessary cost centres as the Co will be going concern.
A great video, really enjoyed it.
Thanks for your insights! I'm sorry to hear that some of your friends are graduating without any job offers. I hope things take a turn for the better soon.
Stay safe!
Man, you have some great video editing skills! Great video. Question: do you have to be a Certified accountant to work for a firm or can you also be self-taught? How is the pay in the UK for an accountant? any specific accounting software you'd recommend? courses/books? Eager to hear from you. Tks!
Hey Gregory, to work as a Financial Accountant you don't have to be Certified. However having some formal training will make job applications much easier. Pay depends on where you live, the industry you are in what role you have. Accountants can get anything from 20,000 GBP to 100k + (for CFO's and Audit Partners). I recommend reading the 'Accounting Game' for anyone starting out. All the best!
@@AccountingStuffI shall eagerly find this book to reignite my ambition to be an accountant
Hi, your UA-cam channel is the most inspiring out of every single ones I've been on! Good job on this. You make everything more interesting and funnier. I just discover yours today and your videos are helping me in my studies. As you have said in this video, I have been working in an accounting company for a while but the work itself isn't that challenging. I chose this career due to its stability and the studies are kinda interesting to say the least. I will most likely follow your tips since I am still new to it. Thanks for your videos, can't wait for more!
Hey Laetitia, thanks! I plan to make more videos soon.
You may want to try public accounting? It could be fun and challenging as well. I worked in private accounting for 5 years and then decided to change to public accounting to have more challenges. I have been working in public accounting for more than a year and I love it.
I think being an accountant would be good for me.
I have OCD so I naturally am drawn to making things efficient.
I am very good at math and it doesn't bore me too much.
And I love working with money and percentages.
Nice, are you going to go for it?
Your videos are so helpful, thank you so much! I’m currently majoring in accounting at university and your videos have helped me in my introduction to financial accounting class, so thanks so much!
No worries Grace, all the best with your studies!
Is job security as an accountant becoming less secure with technology, accountancy apps, software etc?
I think that many bookkeeping jobs will eventually get replaced by AI. Although, highly-skilled accountants will still be needed to operate and interpret the new technology.
Accounting Stuff what do you think makes someone a highly-skilled accountant that is qualified to interpret new technology?
@@yoeri7004 I think it would help to do additional reading beyond the scope of your normal job. Also, if you can get a Financial Controller role where you see the big picture then that would be ideally. However it takes a while to build up that experience
Hi I am a student of Accounting, your video had help me a lot in my studies. I found it difficult doing my first year of studies but through your video I am able to analyzes and journalized a transaction I which you upload more video.
7:10 was it a wise decision???
Anyways love this video ❤️
Well I'm still at it!
Best Bookkeeping/ Accounting channel I've found thus far .. Awesome and very cool display of putting things in perspective .. You've re -ignited the fire in me to pursue a career in bookkeeping and to possibly start a virtual bookkeeping business .. Your truly a God send ... Keep up the awesome work ... Glad I found you .. Blessings ..
Thanks Mark, it's great to hear that you're feeling motivated. All the best with your Virtual Bookkeeping Business!
@@AccountingStuff Thanks James .. Have a blessed day !
@@marktaylor1100 Likewise!
I want to be an accountant. that's my reason for watching
Great, I hope it works out for you!
I think I'm mentally ready to major in accounting. What really motivates me is the fact that I can work in many industries without worrying too much.
Nice one! Hope it goes well :)
I wanna be an accountant as I find it fun to study business but I’m just wondering if the math is hard
That's great! I wouldn't worry to much about the Math.
Doing accounting in school. It is very interesting but is super complex - for me, anyway. I want to dive deep into it to really learn this skill.
I'm 15 I've been wanting too be an accountant for years now
This video is relevant now more than ever!
Is a degree in accounting usually worth its cost?
Yes. Accounting,nursing and computer science are one of the only degrees that are worth pursuing.
@@voodooblue6162 What about finance?
You make accounting sound so interesting with your stories. Well done.
Thanks Esther!
I have a question. Now I'm in college studying to be an accountant. If I learned in Israel, can I work in the United States for example?
Hey there! I'm afraid I don't know much about getting a visa for the USA. The principles that you're learning would still be relevant
@@AccountingStuff Thank you so much for answering quite quickly. By the way I'm totally sharing your channel with my friends. Your making accounting subjects be fun and interesting 😊
@@shakesapir No worries, thanks for sharing :)
Right you are! There are a lot of perks like pay and stability of the career, and demand. I constantly have to beat off recruiters with a stick when they come at me for jobs.
I want to be an accountant
Nice one!
You really do not
Hi! I absolutely LOVE your videos - they've been so so helpful. Thank you so much for all you do. I know you have a series on quickbooks - would you be interested in doing a video on Excel? Nothing too in depth since I know it's so in depth, but if you could do a video on the typical things you'd use on a daily baisis? Thank you so much for all you do - you've helped me understand accounting a lot more. I work full time and I go to school full time so it's been helpful to watch your videos vs try to sort through the power points the professor uploaded. Thank you again!!
Hey Emily, thanks for your suggestion! I've used Excel a lot in the past and definitely have some tricks to share
Won't accounting be automatized in the future ?
Hmmm... I feel like bookkeeping is already becoming automised. But there will always need to be someone who's in control of the software, and who can interpret the information that it spits out. That's when accountants come in
16ty32456t rr46435t33t may I add that interpreting tax code isn’t something that can be automated. It’s extremely complex and constantly changing. Will attorneys be automated too?
@@Blakwall Good point, there is a lot of analysis that would be very difficult to automate
Im 32 yrsl old,I dropped school (and regreted) only finish high school,but im good in numbers and I love them accounting runs in the family my 7 aunts are accounting clerks and this is my dream job,Im a mother of 4 kids and I have decided to go back to school and wanted to get sum motivation,I watched your video and I Thank you, I am convinced that I will be ine of the best accountants, wait for news of me in a future. Hod bless u.
All the best with your studies!!
That’s amazing for the change. Good luck to you on your career! You can handle 4 kids, so oh yeah, you can definitely handle accounting. Taking care of kids is way more difficult than doing accounting. Haha.
I have been in the industry for 10 years....the last 6 years as an auditor at a Big 4 public accounting firm and now currently 4 years and counting in the commercial private industry....honestly after watching your video, i believe now that accounting profession is always needed in any kind of organization. Honestly I always want to be an engineer at the first place because it seems so cool but becoming an accountant is cool too...
Glad to hear it mate. Props for making it through 6 years in audit at the big 4 - that is hard work!
I want to go back to school but I’m not sure if I should be an Accountant or go into cyber security. I’ve never thought about being an accountant but I enjoy the repetition and learning how money works may help me personally in the long run. But I’m not sure I will like it because I’ve never done it so I’m at a crossroads on what’s right for me.
Everytime people ask me what am i gonna major in uni, i said accounting, and they just have a negative response to it saying its boring and hard and i won't find a job easily as everyone else are gonna major accounting is this true or they just dont know whats accountung in general ?
Hey Nasser, I think everyone's experience is totally different. Some jobs can be boring and some are interesting. It's down to you to seek out the ones that you enjoy.
Accounting is also a saturated market. During interviews you have to stick out and differentiate yourself from the 50 other people
Hey i’m a high school student and your video gave me some hope that accounting is a solid direction but my main thing is does this practice make you happier in life?
That is a tough question. I don't think happiness is determined solely by your career. That being said, it's really what you make of it. You can have massively different experiences doing the exact same job at different companies. The challenge is to find a role that suits you and the lifestyle you want to live. You might not find it first time. But as time passes you can switch positions and companies until you find something that works for you. Hope that helps
Keep in mind he did not mention the hard classes 😂😂😂
Jk jk jk! Jk
Really Fun!...............
😂🤣😂🤣
I wish that I’d become economist when I was 16 too. I had this subject at school and I really was keen on. I took 1st place in my city (Russia, Novosibirsk) in the economic tournament despite the fact that I had never participated in school competitions before. I chose this profession because I saw that women which worked in this area (mothers of my friends) had constant salary and job. I really hope that this channel will help me improve my skills, especially on international level.
What? You're an accountant? You've been telling us you have a window cleaning business. Liar !
You caught me!
@@AccountingStuff 🤣🤣🤣🤣🤣🤣
This is the best accounting video ever. Thanks for fantastic work ^^
Cheers mate
The analogy is cool, but rocks erode slowly over time
I want to change career into managing the financials of the company such as a CFO, treasury, corporate financial accounting & strategic management. would u recommend someone coming from the data science/analytics background to do the CPA or go with an MBA in Finance?
Thanks very much sir hoping to hear from you soon. Am a fresher in this field.
No worries, how's it all going?
Currently working at a big4 studying for my cpa exams, great job, long hours...but worth it! 👍🏻
I've been there! Good luck, it'll be worth it :)
Well your talks and your channel made me to put in my consideration to take accounting course after completing the medicine 5 years in pharmacy department
Excellent teaching
Thanks Dnaveen!
This made me more motivated to pursue accountancy. Love this 💙
Nice one!
Yeah! Hi future accountant! 😉
I love accounting so much. It is my passion.
That makes 2 of us!
very well said!!! I am sure you will be a super star on UA-cam!!!!
Thanks Elisa!!
Hey I spot Vancouver! I live right by the Cambie Bridge.
Your videos are really helping me make a decision, thank you!
That's great to hear, good luck!
I am in love with accounting since 4 days and i thing i will be till end of my life,
With love from afghanistan
Your Chanel vedios effected on me much
Hope you to achieve your goals
Great to hear that you're getting into accounting. All the best!