Four Assumptions about Accountants Which are Incorrect

Assumption Incorrect Accountants CPAs Company Business

False Assumptions about Accountants

When most people think about accountants, the first thing that often comes to mind is the idea that they are smart, brainy or nerds. While this misleading idea is very common, there are several other things that people often mistakenly associate with accountants.

Below are four incorrect assumptions people often make about accountants:

Accountants Are Always Mathematically Gifted

While being an accountant does require a certain level of proficiency in mathematics, it is a misconception that accountants always like math. It is also a mistake to assume that all accountants are necessarily gifted in math. In point of fact, many accountants report that they actually hate math but just love the science behind pulling numbers and formulas together, and this is more about statistics than it is about pure math.

Accountants Are All Rich

While accounting can be a lucrative career, it does not necessarily mean that all accountants are rich. In many cases, accountants struggle to find work just like any other professional. Where accountants do tend to prosper, however, is in the area of job stability: when accountants are hired by a company, they tend to develop customer loyalty until they die (literally). Accountants are those employees that you hire and hope to never have to let go.

Accountants Are Boring

So are doctors, lawyers, analysts and a host of other professionals. This assumption that accountants are boring is not only incorrect, it’s also an unfair box that we so often put accountants in simply because they spend their days crunching numbers.

Accountants Can Make Your Company Rich

While it may be exciting to believe that all accountants can make your company rich, this is not something which will occur 100% of the time. In fact, an accountant’s ability to make you rich has little to do with them and everything to do with your business model.

What common or uncommon misconceptions have you heard about accountants? Leave your comments below.

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