Everyone in the accounting profession is either a tax person, an assurance person, or (if you barely passed the CPA exam) an advisory person. Is it wrong to force that choice? What if you’re fine at tax, but you would have loved auditing? If you don’t have a passion for a specific area of expertise, should you avoid a specific area of expertise? Is it too late to go to med school? Are niches overhyped? Do you forfeit clients, income, and opportunities if you specialize?
Caleb Newquist is Editor-at-Large at Gusto. In 2009, he became the founding editor of Going Concern, the one-of-a-kind voice on the accounting profession, serving in the role for 9 years. Prior to Going Concern, Caleb worked as a CPA for nearly 6 years in New York and Denver. He lives in Denver with his wife, daughter, and two cats. You can follow him on Twitter at @cnewquist.