Here’s why you should study Accounting & Payroll Administration

benefits of studying accounting and payroll administration

Every business with employees will always utilize the role of an accounting and payroll administrator, whether it’s a family-run, a 5-employee ice cream shop, or a large-scale, globally-run corporation. An organization that strives for effective business and office administration, needs professionals who have a focus on the importance of accounting and payroll administration. This includes ensuring employees receive the correct remuneration and monitoring payroll expenditure. An organization also needs to adhere legally to best tax practices. It’s a business’s responsibility to report employee salaries and pay the correct tax on behalf of their employees. 

These are several benefits from possessing accounting and payroll administration skills to your career. 

  1. Always in demand

Being the lifeblood of every business, accounting and payroll continue to be an in-demand career. As long as businesses, governments, and not-for-profit organizations exist, payroll and accounting administrators will always need to be employed. As you begin the pursuit of your career, you could find work in technology, finance, insurance, transportation, real estate, and various other industries which gives accounting and payroll professionals relative stability and security throughout your careers.

2. Great opportunities

Chances are you’ll never stop growing in your accounting career, as there’s always something new to learn in every business such as new financial regulations and labor laws. If we look at the past few decades alone, there’s been marked changes in minimum wage requirements, taxation, and benefits for paid time off. Accounting and payroll administration is a profitable service business to launch yourself as well once you have all the necessary skills, experience, connections, and confidence.

3. Extensive roles

There are interesting roles you can consider that correspond with the skills learned, such as:

  • Accounting Bookkeeper
  • Accounting Bookkeeping Clerk
  • Bookkeeper
  • Bookkeeper Accountant
  • Bookkeeping Clerk
  • Accounting Technician
  • Accounts Payable/Accounts Receivable Clerk,
  • and Payroll Clerk

4. Swift career change

An accounting and payroll administration program can be enrolled within a year, this means if you’re thinking of a career change, you will be able to have all the required and necessary skills quickly that help you confidently land that dream job of yours! 

Learn Payroll, Bookkeeping & Accounting, Quickbooks, and other essential computerized accounting software through our Diploma in Accounting and Payroll Administration.  Our 51-week diploma program will ensure you are career-ready within a year while preparing you to become certified Payroll Compliance Practitioner (PCP). Funding opportunities are available, so please email us at [email protected] or reach us out here today!

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