"Education is not the filling of a pail, but the lighting of a fire." William Butter Yeats
At TMI we know our educational platforms can deliver the results that you are looking for, but why certify with TMI? We answer some of the typical questions that our learners often ask prior to deciding to accelerate their career.
Q: Why should I learn how to perform Bookkeeping duties?
A: Every small business in the country is required by law to do some form of accounting. Whether you are a small business owner looking to manage your own companies accounts, or someone looking to specialize in small business accounting the ability to properly manage the financial aspect of your business is paramount. With many small businesses being so small hiring a CPA is not feasible, leaving a void that certified book keepers fill.
The Bureau of Labor Statistics projects about 10 percent employment growth through 2018 for bookkeeping, accounting and auditing clerks, and predicts about 212,400 new jobs between 2008 and 2018.
Job Growth for Bookkeepers
The Bureau of Labor statistics also also estimates that the mean salary for an entry level book keeper to be $35,340, and job growth is shown to have a low correlation to economic outlook. This means that even when the economy is struggling people with these skills are still in demand.
The Small Business Association estimates that 550-600,000 new small businesses are formed every year. With every one of them needing skilled people with knowledge of accounting fundamentals the potential for finding a job will always be there.
Q: Why do I need a certificate to be a bookkeeper?
A: According to Bureau of Labor Statistics more employers are putting an emphasis on higher level education beyond a high school diploma. As the industry grows the demands of the position are changing as well. Hiring a pure 'number cruncher' has gone out the window being replaced instead with critical thinkers who can leverage their knowledge of accounting to help businesses grow.
Though the average salary is $35,340 the top 25% of earners demand $42,180, while the top 10% receive $51,470. With a certification from an industry leader in professional development you will be more likely to demand a salary above the average due to your increased skill set, and financial analysis skills.
Q: Why should I certify with TMI?
A: TMI's approach to learning has been developed to use all of the pros of face to face interaction in addition to all of the pros of virtual education to create courses that enable the learner to reap the rewards of both platforms.