The internships are very important in a lot of ways. As the competition is rising day by day and the number of jobs is not increasing at such a high pace, one needs to have some extra skills to secure a job as an accountant. You can never expect to acquire more skills from your textbooks so, an internship is the only thing where you get to know about new skills.
An accounting internship is one of the best ways to learn. Whatever you learn from accounting textbooks is very different from the way this knowledge is applied. So, when you grab experience in the field of accounting through an internship, you get to understand the concepts in a more detailed way. There are various fields in accounting that you don’t know about much when you are in college but accountant internship provides a better way to understand those dimensions.
It is always advised to choose your profession wisely. You will never get to know which is the best field for you if you have not been an intern. An internship is the best place where you can know about the field of accounting in more detail and at the same time, you will test your competence for this job. If you are fit for this job, you will know about different fields in accounting like auditing, taxation, etc. Some of the fields are so interesting that they may catch the interest of the undergraduates very quickly.
The internships are the best places where the undergraduates learn the most fundamental things involved in accounting. But there is one question which bothers the students very much and that is “what they are supposed to do in their internships”?
The answer to this question depends on the type of firm you have chosen for your internship. This is the point where most of the students get the wrong answers. They think that bigger firms offer more training as compared to the smaller ones. But this is not true. Working in smaller firms for a considerable portion of my life, I have found that smaller firms offer more opportunities for your growth as compared to the bigger ones. In smaller firms, you get more attention from the seniors and other people as compared to the giant firms.
While in your internship, you will get to learn about the industry in more detail. There are some fields that you don’t know about and they also don’t relate to accounting in any way but you will also know a lot about it. All such knowledge may not seem that important to you but the importance of it will be realized later on.
If you think that an internship from the bigger firms will give a bit of reputation, you are wrong. When you go for an interview, all they look for is your ability to do work not from where you have learned it.
While you are in the accounting internship, you should keep in mind that this is not for gaining experience at doing everything rather it is for teaching you all the basics involved in the job as an accountant.
Make sure you are working towards making yourself a unique candidate because this is a thing desired by a lot of employers around the world.