If you were to choose a niche in accounting industry today, what would you go for? I am couple years in audit now but just curious what’s that today which could be big rewarding industry/service in the future?

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Not anything compliance related. AI will do.

I would combine an industry niche and a specialty niche.

Insurance Tax or Bank Tax or Health Care but with a focus on M&A. So now you are an M&A expert but also know an industry very well.

Other niches include Cooperative Tax, Mining Tax, or a specific country within International Tax. If you can become fluent in the language of your chosen niche country that is a plus.

Once you have learned your niche, develop great relationships. If you own the relationship at a client paying large fees that gives you clout.

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Industry and cost accounting. The demand is high for cost accountants. I wish I would have specialized in cost accounting.

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How do you like liquid iv?

I focused in analysis, and AI can do that.

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ASC740 for me in tax

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