4 Helpful Tips for Advancing Your Accounting Skills

Like many other professional disciplines, being an accountant requires you to keep your skills up to date. Understanding the latest advancements in the practice, including data analysis, positions your career for continued growth. Other new technologies in accounting also continue to make an impact on your daily work activities.

Here are some tips on developing your skills to build a successful and lucrative accounting career. Leverage these insights to forge a résumé that makes it easy to find new opportunities. Perhaps a move into financial management lies somewhere in your future?

Display an Understanding of Technology

The practice of accounting increasingly relies on using technology. So make it a point to learn any emerging tech innovations that help make your work more efficient. Cloud-based bookkeeping software, mobile apps, and more continue to impact accountants’ daily work routines throughout the financial world. Taking the lead in learning new applications and mentoring your coworkers positions you for a management role.

The Importance of Data Privacy and Security

Social media and eCommerce generate large amounts of data for businesses that operate in the public domain. Of course, all this data makes for an attractive target to hackers and other cybercriminals. News about ransomware and other hacking incidents hit the newswire weekly.

As such, any modern account needs to add some cybersecurity skills to their capabilities. Even understanding concepts like strong passwords and two-factor authentication helps sufficiently protect your work accounts. Once again, mentor your coworkers in any best practices for cybersecurity.

Learn the Basics of Data Analytics

Data analytics helps companies glean actionable information out of the masses of the corporate data they retain. These valuable insights also lurk within accounting data. Consider taking a data analysis class to learn these new skills that let you find helpful trends in your organization’s financial data.

Improve Your Verbal and Written Communication Skills

You might think excellent communication skills hold little importance in accounting. That isn’t the case, as strong verbal and written communication skills help your interactions with coworkers and clients. Being able to speak clearly and confidently also fosters your leadership acumen, potentially leading to a management position. The ability to communicate remains one of the most important soft skills for any financial professional.

If you need assistance building a lucrative accounting career, speak with the expert recruiters at Venteon. As one of the top financial staffing agencies in Michigan, we know the companies looking for talented professionals. Connect with us soon!

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