<p>A career in accounting where you work for the big 4, get your cpa, open your own firm or work on your own seems interesting. Is it true, that accounting is a safe career for job prospects and financial prosperity? I'm interested because I've always see so much promotion about a CPA or a master's in accounting. It's also a shorter route to financial security than medicine or law right?</p>
<p>This question was addressed in the Business Major forum, the thread is titled “still certain accounting is recession proof” also, you may want to read the featured thread there as well, “everything you wanted to know, and should know about accounting”</p>
<p>Medicine isn’t a short route to financial security at all. It’s a short route to crushing debt, years of training(4 years medical school, 3 years residency at low pay), and an uncertain future(Obamacare maybe deciding that the best way to keep costs down is to pay doctors what mailmen make, the way they do under Germany’s system). Also lawyers are hurting in this economy too.</p>
<p>Accounting, at least with the Big4 is recession proof in the sense that it still hires in times like these. It still faces layoffs, pay cuts, etc. It’s not entirely recession proof, but compared to other industries that have hiring freezes and furlough days, it is sorta recession proof.</p>
<p>I’m sure you’ll feel the same if you had your own firm.</p>
<p>when you are talking about obamacare, i don’t think dentists are affected as much as doctors</p>
<p>and for accounting, isn’t it a common rumor that if you have a accounting background then you’ll virtually never be jobless</p>