by Here are the main areas where you can make money from accounting:
- Tax and corporate accounting
- public accounting
- Analyst
- Individual Income Tax – IRPF
- Consultant
- professor of accounting sciences
- WhatsApp mentoring group
- Selling digital products
So, check out more details about each alternative and learn how to make money with accounting in a practical and simple way.
1- Tax and corporate accounting
We call tax accounting everything that involves taxation regimes, that is, everything that includes the payment of taxes and the receipt of payments in a cash book.
Tax tabs and payroll are good examples of tax accounting.
Corporate accounting, on the other hand, analyzes companies according to the techniques of the Accounting Pronouncement Committee (CPC) and, for this reason, partners must provide information so that the accounting professional can build a structure.
Here, in fact, we are talking about the traditional accounting that is carried out by the accountant in advising companies, whether as a contractor or outsourced.
This is the most comprehensive way of acting for the accountant, who through his skills and knowledge contributes to improvements in the organization’s fiscal, tax and financial management.
Due to the diversity of works, the generalist accountant has gradually given way to the specialist accountant. In this scenario, he is exclusively dedicated to some areas, in order to offer a service with a greater focus on solving a specific demand.
This is what happens in some accounting offices that offer, for example, only the services of labor charges, payroll calculation, financial analysis and projection and business opening.
Technological methods, such as online management systems with cloud storage, are essential for the accountant to act efficiently and productively. In addition, specialization can be an interesting path, since the market is increasingly competitive.
2- Public accounting
Public accounting allows the professional with a degree in Accounting Sciences to act as an accountant, analyst, expert or auditor.
It is up to the public accountant to contribute to a greater competence in the management of resources, allowing the identification of everything that has been spent and what is available for new investments, so that it is possible to reduce the tax burden and, in addition, to offer better quality to the population.
To pursue a career in public accounting, it is necessary to go through a selection process or be nominated for a position on a commission. In the first situation, there is stability, a career plan and a very generous salary.
After the publication of the Fiscal Responsibility Law, which requires administrators to disclose reports and statements of expenditures by states and municipalities, their respective foundations, autarchies and agencies, have been opening up good service opportunities in the area.
3- Analyst
Here, we are not talking about the position that the accountant occupies in some companies, which classify their professionals according to the time in the market.
The function mentioned is also related to public accounting and requires approval in a selection process.
With a degree in Accounting Sciences, it is possible to apply for vacancies for positions such as Social Security Analyst or Finance and Control Analyst.
In the first position, the professional will monitor processes related to social security benefits, in addition to coordinating activities related to asset, financial, budget management, accounting audit, accounting analysis and judicial calculations.
In addition, he will also be responsible for the policy of financial investments , personnel expenses and for the management of technology and information systems.
In the second position, among other tasks, the professional will have the supervision, direction, coordination and execution of specific work on financial, property, budget management, accounting analysis, accounting audit, in addition to expertise involving public administration.
It is worth mentioning that the remuneration of a public analyst is an additional attraction. According to the agency, where there is a public contest, the salary can reach close to R$ 20 thousand.
4- Individual Income Tax – IRPF
Another very interesting way to make money with accounting is by doing Personal Income Tax (IRPF) .
The positive side of this possibility is that it also covers people who have not graduated in Accounting Sciences. After all, it is enough to have knowledge of the IRPF rules.
Therefore, an accounting student is also capable of doing.
5- Consultant
The consulting activity in the field of accounting can be carried out exclusively or in a complementary way. It opens doors to offer training and lectures for companies and public organizations.
The consultant, unlike the accountant, shows the client the path he should follow, however, he does not perform the tasks.
It can, for example, point out solutions to specific problems and detail the best fiscal, tax and financial management practices.
6- Professor of Accounting Sciences
Now we turn the key to something totally different from what we talked about so far, however, it can be a good solution for the career of a professional who has a less operational profile.
Here, the great challenge is to migrate from practice to theory and share your knowledge with other people, considering a heterogeneous group and possibly with different difficulties and perceptions.
Working as a teacher, you will no longer be an accountant, you will no longer do tax calculations, balance sheet, cash flow and other prerogatives common to the activity, however, you will have to explain how to perform them.
7- Mentoring group on WhatsApp
If you have a good technical knowledge of accounting, you can also use WhatsApp to teach others.
Use the app to create a mentoring group and charge for that work. It involves good content planning and regular posting frequency.
You can explain the content by video, audio, text and even by video call, just using WhatsApp for that.
8- Sale of digital products
You can also make money from accounting by selling digital products such as e-books, planners or even online courses.
The great advantage of these products is that they are produced only once, but can be sold multiple times.
