Bookkeeping is an essential skill that every accountant must possess irrespective of the field they are working in, and getting certified in this skill is proof of their experience in this field. Bookkeeping certifications showcase your sincerity and credibility before your employers and show them how serious you are in this profession.
This article is all about bookkeeping certification and its benefits.
What is bookkeeping?
Bookkeeping involves recording the company’s financial transactions regularly. Bookkeepers are responsible for daily tasks like recording transactions, posting debits and credits, running payroll, producing invoices and maintaining the general ledger and accounts. In short, they generate all the data that accountants turn into information. The complexity of the bookkeeping job depends upon the type of organisation. Few transactions will be there if it is a small business, making bookkeeping tasks less complex. And if the organisation is big, bookkeeping will be a challenging job as there is a large amount of data involved.
What is a Bookkeeping Certification?
Nowadays, colleges and professionally recognised accounting institutes are offering bookkeeping certifications. A Bookkeeping certification indicates your professional skills in bookkeeping subjects related to managing a company’s financial statements and transactions. You can choose a national bookkeeping organisation like NACPB(National Association of Certified Public Bookkeepers) for a basic bookkeeping certification or take additional certification courses to prove your proficiency in advanced bookkeeping skills.
Benefits of earning a BookKeeping Certificate
A bookkeeping certification comes with many benefits as it is the most significant proof of your knowledge in this industry. It is an excellent way to gain the confidence of your employer. If you are still in doubt about this certification, consider the following factors, which explain the benefits of bookkeeping certification.
Learning industry fundamentals
Bookkeeping certifications will help you refresh your knowledge in this field, irrespective of whether you are a fresher or an experienced person. These certifications include theories, best practices and methodology used to derive quality bookkeeping. Getting certified in these courses will increase your confidence, and thereby you will be able to work better. You will agree that learning is always a path towards progression.
Gaining transferable skills
Even if you are not planning to become a bookkeeper, getting certified in a bookkeeping course will help you perform well in other jobs. Every person who works in accounting, finance or business management needs to master these bookkeeping skills because these skills are the basics of every accounting job. You will be able to make accurate financial decisions if you are well versed in bookkeeping skills.
Meet more position requirements.
Bookkeeping is the essential skill required for every accounting job. Getting a bookkeeping certification will help you get noticed in the first stage of hiring and have the upper hand over other candidates in the coming stages of recruiting. Even if the employers don’t mention a bookkeeping certification in the job profile, they expect you to have bookkeeping knowledge.
Building confidence with employers
Your certification is proof that you are good at bookkeeping skills and that employers can trust you with their work. Getting certified from a recognised institute increases your value and is undoubtedly an add on to your resume. These certifications will help you gain the confidence of your employers, and they will be ready to assign you the significant responsibilities of the company.
Leveraging better employment terms
A bookkeeping certification will place you in a position where you can negotiate your salary and other benefits. Nowadays, companies value both your time and experience. An additional bookkeeping certification increases your value in front of your employers. It further improves your importance if you are the only bookkeeping certified applicant among other candidates. Getting multiple certifications in bookkeeping also increases your chance of getting placed in desirable companies.
Refreshing your knowledge
Like every other field, bookkeeping undergoes frequent changes in rules and regulations. So the bookkeepers must stay updated on the latest trends and changes happening in this industry. These certification courses will help you stay current on the latest details in the bookkeeping field. In turn, this certification will help you indulge in best practices and will improve the quality of work in the long run.
I hope this article has cleared all your doubts regarding bookkeeping certifications. It is better to take a bookkeeping certification if you plan to build a career in the accounting world.