You don’t need to love spreadsheets to succeed in accounting (but it does help). Behind every balance sheet and tax return, however, is a professional who’s strategic, detail-oriented, and trusted to keep finances on track.
So, what makes a great accountant? Whether you’re aiming for the CPA exam or stepping into business finance, here are the top six skills that can shape a thriving accounting career.
Modern accounting has moved far beyond pen, paper, and calculators. Today’s professionals rely on powerful, computer-based accounting systems and specialized software to manage everything from data entry and reporting to auditing and forecasting.
Cloud accounting, in particular, is transforming how firms operate—offering real-time access to financial data, increased collaboration, and enhanced security. To stay competitive in the field, accountants must be comfortable adopting new technologies that drive accuracy, efficiency, and insight.
Accountants working within organizations need more than number-crunching skills. They need a clear understanding of how the business operates as a whole.
As cross-functional collaboration becomes more common, employers increasingly expect accountants to communicate with multiple departments and align their financial expertise with broader organizational goals. A strong grasp of overall business strategy gives accountants the insights to support smarter decision-making across the company.
Accountants who wish to work in a specific field such as healthcare or residential housing may increase their employment potential by expanding their expertise through courses focused on that particular field.
For instance, within each sector, there are distinct financial regulations, reporting standards, and challenges. Specialized knowledge allows accountants to deliver more accurate and strategic guidance. This added layer of expertise not only makes you more marketable but can also position you as a valuable, niche expert in your field.
When problems arise, whether they’re regulatory concerns for a business or a complex tax scenario, accountants must be able to think on their feet and devise effective, timely solutions. Strong problem-solving skills don’t just prevent mistakes; they build trust and long-term value.
Accountants juggle multiple priorities on any given day, and during peak times like tax season, their calendars can feel like a high-stakes game of Tetris.
Strong time management skills are essential for several reasons, including:
Falling behind can lead to missed filings, reporting errors, or unhappy clients, so the ability to prioritize and plan effectively is key to thriving in this fast-paced profession.
Accounting may be rooted in numbers, but success in the field also depends on how well you communicate them. Whether you’re explaining a tax issue to a client or presenting a budget forecast to leadership, the ability to translate complex financial information into clear, understandable language is critical. Strong written and verbal communication builds trust, reduces confusion, and ensures that clients and colleagues can act confidently on your advice—even if they’ve never opened a spreadsheet in their life.
If you’re ready to turn these essential skills into a lasting career, the right education can make all the difference. The University of Texas Permian Basin offers online bachelor’s and master’s degree programs for aspiring accountants through our AACSB-accredited College of Business. These skill-driven programs prepare you for numerous rewarding roles within the accounting profession.
Where available, we’ve provided earnings information from the U.S. Bureau of Labor Statistics (BLS) for careers associated with these degrees below.
BBA in Accounting
Haven’t earned your bachelor’s yet? Our online BBA in Accounting is a smart first step.
Our program provides the foundational skills to analyze and resolve accounting problems within specialized areas, including healthcare, governmental and non-profit organizations, energy, and other important sectors of the economy using the latest tools.
MBA in Accounting
If you’ve recently earned a bachelor’s degree, our online Master of Business Administration with accounting emphasis equips you with a comprehensive, practical understanding of accounting and business principles and applications..
Our program gives you the flexibility to choose from one of two tracks to align with your professional aspirations:
Many students complete our accounting MBA program in as little as four semesters and go on to work in a variety of careers. Potential career paths include financial manager (BLS annual earnings estimate: $161,700) and financial analyst (BLS annual earnings estimate: $101,910). Having a master’s degree can also help you compete for leadership positions.
Master of Professional Accountancy
If you’ve completed a bachelor’s degree and are certain you want to achieve CPA certification, our online Master of Professional Accountancy is your program. Online courses cover all the CPA exam topics, making it essential for exam preparation.
Many students finish our professional accountancy master’s program in as little as one year and graduate with the potential to become a certified public accountant (BLS annual earnings estimate: $81,680) or even chief financial officer (BLS annual earnings estimate: $105,350). According to the BLS, some employers prefer candidates who’ve earned a master’s degree, and with the added credential of a CPA license, there’s no telling where your career can take you.
Each of our online accounting degree programs features the same curriculum as its campus-based version and is taught by the same distinguished faculty and CPAs.
Our programs are delivered asynchronously, which enables you to complete coursework on your own schedule, around any professional or personal responsibilities you might have. And since they’re presented online, you can access our programs from any location in the world with internet access. Distance is never a barrier to you earning an accounting degree from UT Permian Basin.
Learn the skills you need to succeed as an accountant or in a related field with a respected degree from UTPB!
Sources:
https://www.accountancyage.com/2018/02/01/top-8-skills-need-nurture-accountant/
https://www.roberthalf.com/blog/salaries-and-skills/the-accounting-job-skills-you-need-to-succeed
https://karbonhq.com/resources/5-soft-skills-every-modern-accountant-must-have
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