Accounting Exploration Career When people talk about accountant, CPA might be the first word that comes out in the mind. It is true that CPA is the most familiar type of accounting work for most of people. However, accountant is a person who works in accounting area. And accounting includes plenty of different types of jobs. The diversity in accounting attracts my interest and makes me decide to major in it. Since accounting contains many different kinds of works, it offers lots of chances to learn different areas in the economic system and even the whole world market. Lots of choices of different jobs is not the only reason that I am interested in being an accountant. Accountant is also a person who does his job in capital …show more content…
Many states require the candidate to have one to two years experience under a CPA. Once you get the CPA license, it is just the start of the accounting life. The best way of all is find a really famous employer in the CPA area. The typical employers will the “Big Four”. The Big Four are the four largest international professional services networks in accountancy and professional services, offering audit, assurance, tax, consulting, advisory, actuarial, corporate finance and legal services. (The Economist: http://www.economist.com/node/21563726). • Work in a large firm like one of the Big Four will have good pay than other firms. It is also important reasons that why there are so many people want to get in the Big Four. According to the statistics from last year. An employee who works in a large firm up to one year is able to make $51,500 - $63,500. (Robert Half 2012 Salary Guide: http://www.roberthalffinance.com/Salary-Guide). And under the same situation, if you work in a small firm, you might make about $42,500 - $52,250. (Robert Half 2012 Salary Guide: http://www.roberthalffinance.com/Salary-Guide). Compare to other jobs, accountant is a job could be stable but also has lots of space to rise. • So far, there millions of CPAs out there in the United States. It is hard to say that CPA is a stable job. However, with the development of the world economic, CPAs are needed everywhere. The growth of
The profession of accounting is a one that is highly regulated, due to the knowledge and power each accountant possesses. Although an accountants duties differ from one position to the next, the main sectors that accountants pursue are auditing or taxation. Auditing is ensuring the public that the information listed on the financial statements of public companies is free of material misstatements. While taxation is helping people or companies file their tax returns to the federal government or offering tax advice. In the world of auditing, you either follow the Public Company Accounting Oversight Board (PCAOB), for public company audits, or the American Institute of Certified Public Accountants (AICPA), for other entities
“The best-compensated accountants work in the fields of securities and commodity contracts intermediation and brokerage and for the federal executive branch” (US). Twenty-five percent of graduate’s make fifty one thousand one hundred and thirty dollars a year. The other seventy make eighty seven thousand five hundred and thirty dollars. The best ten percent of accountants make up to one hundred and fifteen thousand nine hundred and fifty dollars and the lowest makes forty thousand eight hundred and fifty dollars. I want to get a job in accounting directly after college for a big company and work my way up into the top ten percent as fast as possible because each year, the average income raises. Experts predict that the highest paid accountant will make upwards of one hundred and twenty thousand dollars a year by 2020.The highest paying city for accounting is New York City, New York. The second highest paying city is San Jose, California. Accountants are always needed, they are necessary anywhere there is money being spent and saved, every business needs someone to keep up with their money and control their finances.
However, with a degree in accounting, there are many career options one can take. For example, one can pursue a job as a Financial Accountant. As a Financial Accountant, the job can consist of preparing financial statement, or running spreadsheets. On the contrary, accounting major can also acquire a license as a Certified Public Accountant (CPA). This will allow them to work as an auditor, tax compliance, estate and financial planner. The texts I have selected were written by and for Business majors and all have a common structure and
This site has a wonderful explanation of the uniformity of the CPA profession, its provide CPA with information and regulation regarding interstate engagement.
She recommends if you are looking for a prestigious career with great growth potential to match your luxurious lifestyle, accounting is the discipline to take you there. If it's a respected and highly recognized field, accounting is the clear path to
More and more college students are pursuing a degree in accounting--and for good reason. With a good job outlook and an average salary of over $60,000, it makes sense that accounting is becoming a very popular area for study. However, not everyone is interested in a job that keeps them at a computer or in a cubicle for the better part of every day.
As I did my research for both careers, I found that in the field of accounting you can get a job with any degree of education. However, it is recommended that
Being an accountant isn't easy either. Their duties are to examine financial records, compute taxes earned, and organize records. They work in offices, houses, and clients homes.They need their bachelor's degree in accounting, an associate's, or a registered degree in accounting. The pay is $67,190 a year and depending on their state it ranges from $41,000 to $118,000. The job outlook is 17% in 2012, 16% in 2013 and 2014 is 14%.
Certified Public Accounts (CPA) are professionals at helping people with their tax returns and ensuring that they are accurate. Many companies and small businesses depend on a CPA's to prepare their quarterly as well as yearly tax documents to stay in compliance with federal regulations and to maintain their business licensing. Even if people
Math is something very important in accounting because you keeping track of numbers and doing problem solving to make it so you can see the probably out comes to a certain input. The economic side of things is much needed because without this field you understand the important of both macro and micro economics and how with each one you can apply a needed group to allow our company grow in leaps and bounds. Accounting is a competitive job because there are a lot of people that are working towards being an accountant so to really keep your job or to get one you really need to be a go getter, you also need to stand out from the other accountants and go the extra
Being an accounting major allows you to be in a program that prepares individuals to practice the profession of accounting and to perform related business functions. The different job opportunities and learning aspects would include financial accounting, managerial accounting, cost accounting, budget and tax accounting. As well as knowing the legal aspects of accounting, auditing, reporting procedures, statement analysis, planning and consulting, business information systems, accounting research methods, professional standards and ethics, and applications to specific for-profit, public, and non-profit organizations. With the variety of job opportunities, the salary ranges between 45,000-90,000 dollars depending on experience and career choice.
Choosing the right accountant can seriously impact your taxes, ability to build wealth and your lifestyle. Creative accounting can offer you and your family a better life, provide for retirement and shelter income so that you can earn more money with pretax income. Choosing an accountant is critical for getting the maximum return from your business and investments.
As the decision of where I will attend college next year quickly approached, I decided to investigate the major I have chosen, Accounting. Because my goal is to become a Certified Public Accountant (CPA), I would like to know more of what it entails. Dealing with numbers, and recording and projecting the earnings of a company, accountants are placed with the responsibility of keeping track of the moneys of a business. God has blessed me with skills in the areas of mathematics and organization, which caused me to look for an occupation that utilizes both. Accounting seemed a logical choice since they largely work with numbers and organize their clients' money. In order to become a CPA, one must receive a bachelor's degree and work for a
What is a CPA? A CPA is a certified public accountant whom is licensed by the state board of accountancy. A CPA licenses just as a law license symbolizes that concept of mastering the elements of the profession of accounting. In achieving such a licenses an accountant is recognized by peers, clients, government and the public for skills, dedication and quality of work. Accountants whom further their educations by becoming a CPA have a larger variety of opportunities to choose from, such as Auditing, Business and management Consulting, Information Technology, International Financial Reporting and Tax Advisory Services (NASBA). In today’s economy and technological advances the career security is the most
To be an accountant requires hard work. The road to success is full of challenges. To reach a dream, one must work hard and exert effort.