What Are Popular Careers in Bookkeeping?

Whether you choose to be a self-employed bookkeeper or work for an organization, you'll be in charge of managing the flow of revenue and expenses. Read this article to learn more about popular bookkeeping careers. Schools offering Bookkeeping degrees can also be found in these popular choices.

Popular Careers in Bookkeeping

Bookkeeping is a vital component for businesses and organizations. Bookkeeping and the data it produces detail a business's profits or losses. Bookkeepers may find employment from existing businesses and organizations or in self-employment.

The U.S. Bureau of Labor Statistics (BLS), reports that bookkeepers may be referred to as bookkeeping clerks. These professionals handle all aspects of a business's finances, including:

  • Transaction management
  • Financial reports
  • Preparation and verification of bank deposits and payments
  • Payroll
  • Administration of requisitions
  • Invoicing
  • Delinquent accounts

Important Facts About Bookkeeping

On-the-Job Training Available under supervision (typically for about six months)
Work Environment Full time, office setting, typically busier around the end of the year and holidays
Key Skills Attention to detail, critical thinking, mathematical ability, integrity
Similar Occupations Budget analyst, cost estimator, loan officer, financial clerk, tax examiner

Self-Employment

Self-employed bookkeeping professionals work for local businesses, organizations and individuals. Some lower operating expenses by working at home. This is preferable for bookkeepers with limited clientele who perform work on-site. Some self-employed bookkeepers work in a small office and hire accountants to help them.

Business

Bookkeeping position titles vary depending on the size of the employer. Small businesses typically only have one financial person in charge of all the ledgers, but larger companies may have several people or departments handling their accounting needs.

Unlike their small business counterparts, bookkeeping professionals in large businesses may be responsible for just one task or department. They may receive a specific title, such as accounts receivable clerk or accounts payable clerk. The hierarchy of positions in larger organizations depends upon experience. Some are responsible for daily activities, whereas others manage entry-level bookkeepers. Bookkeeping professionals in large businesses will find more competition for employment unless they hold accounting or finance degrees.

Career Outlook and Salary Information

According to the BLS, positions for bookkeeping, accounting and auditing clerks are expected to increase by 11% between 2012 and 2022, about as fast as the national average for all jobs. In general, growth or decline in the field is directly impacted by economic growth. Additionally, many people currently in the field are expected to retire over the next decade, providing room for newcomers.

The BLS reports that the median annual wage for all bookkeeping, accounting and auditing clerks, as of May 2014, was $36,430, with most earning between $22,480 and $56,470. The top paying industries in this field, at that time, were the postal service, telecommunications, the central bank, and securities and commodity contracts.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

  • 1. Degree Options:
The schools in the listing below are not free and may include sponsored content but are popular choices among our users. Tuition and costs will vary across programs and locations. Be sure to always request tuition information before starting a program.

Popular Schools

  • Strayer University

    Strayer University responds quickly to information requests through this website.

    Popular programs at Strayer University:

    • Master
    • Bachelor Degrees
    • Associate Programs
    • Certificates

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  • Ashford University

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  • Capella University

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    Popular programs at Capella University:

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    • Master
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  • Southern New Hampshire University

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  • Purdue University Global

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    Popular programs at Purdue University Global:

    • Master
    • Bachelor Degrees
      • Bachelor of Science in Accounting
    • Certificates

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  • Grand Canyon University

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    Popular programs at Grand Canyon University:

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    • Master
    • Bachelor Degrees

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  • Saint Leo University

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  • Full Sail University

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  • Colorado Christian University

    Colorado Christian University responds quickly to information requests through this website.

    Popular programs at Colorado Christian University:

    • Master
    • Bachelor Degrees
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  • Keiser University

    Keiser University responds quickly to information requests through this website.

    Popular programs at Keiser University:

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