The profession of accounting includes many different job settings. The main fields for accounting include public, private, and government accounting. Public accountants work on a fee for service basis, either independently or as a member of an accounting firm. They are then hired by individuals or businesses for the purposes of preparing financial statements, auditing, tax preparation, and investigations. (1) Private accountants are employed by companies, for which they develop and maintain the financial records. (1) Government accountants are federal or state governmental employees whose jobs include keeping the financial records of governmental agencies as well as audits of private companies. In the federal government they may be employed as bank examiners, IRS agents, or investigators in addition to more traditional accounting positions. (1)…
Accountants prepare and examine financial records and makes sure taxes are paid properlyand on time.…
Employment in corporations offers a dynamic work environment and excellent career prospects. Businesses have their own accounts department where accountants are employed to prepare financial statements, work on major business transactions, prepare tax returns and track costs among others.…
An accountant's job is to record, analyze and report a company or individual's financial status. The accountant functions as an advisor. The client reviews the bookkeeping services and what accountant is telling them about their financial state to make adjustments as needed. More specifically, an accountant keeps accurate…
Beta Alpha Psi would like to inform you about all the great and wonderful opportunities that a career in accounting can provide and the skills required to being successful in the path of accounting. One of the crucial decisions a student has to make is picking a major to pursue and a school they want to attend. Accounting is known as the language of business because of its involvement of making a business successful and allowing investors, owners and anyone else make a decision of being involved and associating with a business based on the reports provided by accountants. Accounting is not only sitting on desk writing number down it is much more than that. There are multiple things that one can do with accounting such as Taxation, Auditing,…
As a Public Accountant you must have strong knowledge in accounting or at least work with the firm. Strong leadership and critical thinking, decision making is one of the responsibilities as an accountant. The word Public Accountant is to serve with the government and knowledge about Law’s making accurate financial statements; balance sheet, income statement, statements of cash flow including auditing, reporting, posting and balancing. An Accountant must be a positive thinker and attitude, to create trust to your coworker or to your client. Highly strong decision making to do business; dealing with numbers and client are most likely accountants do; the ability to demonstrate and give instruction to your employee under the organization. Being a Certified Public accountant or as manager of the firm are to have power to meet expectation deadlines and takes complete responsibilities as a result. Most beginner Accountants and Auditors may work with the supervision of experienced Accountant that will enhance their knowledge. Accountants start with junior to senior accountants.…
In order to be an accountant a person must go to college for four years and get a bachelors degree. Higher education is always recommended for you if you want to be an accountant, so attending college to receive a Masters Degree is really recommended to become more successful in this field. Once someone has received a Masters Degree they must look towards gaining their Doctorate Degree in Accounting. This Degree will open many doors and allow them to obtain and be successful in any line of work through which accounting is needed. Becoming a Certified Public…
Being an accountant since childhood I have dreamed. But I decided for themselves that over time can grow up to the CFO. And to determine the path through the accounts. That is accounting - an interim step, but you can not say that light. It is important and necessary step. It is often comparable to the accountant CFO.…
In the field of accounting, there are three main professions that are highly in demand. The professions are…
[Seven years ago, I was then a part of a career guidance like this. During that time I was not yet sure of what course to pursue in college. The career guidance was a great help in my decision to pursue BS – Accountancy. Maybe, most of you are not decided yet. Believe me this career guidance will help you. Let us thank Sir Edgar for this great opportunity. [Before we proceed, how many of you are planning to pursue accountancy?]…
Accounting is one of the five business disciplines that we have talked about in business 101 and I think that is the major that I am going to pursue. “Accounting is the measurement, statement, or provision of assurance about financial information primarily used by lenders, managers, investors, tax authorities and other decision makers to make resource allocation decisions between and within companies, organizations, and public agencies” (Wikipedia). Accounting is a key business discipline underpinning decision making in all organizations from the largest business to the smallest charity. An understanding of the subject would be very useful to anyone contemplating a career in management as well as to those who intend to pursue a career in accounting. In college, students need to decide on a more specific field of accounting. An accountant has many choices as to what particular field of accounting to specialize in depending on the financial information they want to analyze and how it is done. Financial accountants, tax accountants and internal auditors are all accountants in general, but require different training and work methods. A financial accountant records economic data and periodically prepares reports that show profit and other financial information of a company using the generally accepted accounting principles. The need for financial accountants is to reduce agent problems by monitoring agents’ performance and reporting the results to interested users. Financial accountants are basically used to prepare accounting information for people outside the organization or they are not involved in the day to day running of the company. A tax accountant prepares yearly tax returns for individual clients. For businesses, the tax accountant must provide data for the company’s tax returns. In many places, accountants must abide by national tax laws and regulations, but no requirement is in the US. Auditors are sponsored by the Institute of Internal Auditors…
I have always wanted a career in Accounting. I was always good in math and keeping things organized. Although it is not what my parents wanted for me. They wanted me to become a nurse. There are quite a few steps that I must take to become an accountant. Through minimal education requirements and continued education I will better myself and grow within my career.…
Board of Regents of the University of Wisconsin System (2012). Cake decorator: Education path. Retrieved from http://wiscareers.wisc.edu/C_CVstuff/occinfo.asp?Area=edu…
An Accountant is a practitioner of accountancy, which is the measurement, disclosure or provision of assurance about financial information that helps managers, investors, tax authorities and other decision makers make resource allocation decisions.…
According to www.bls.gov “Accountants and auditors help to ensure that firms are run efficiently, public records kept accurately, and taxes paid properly and on time. They analyze and communicate financial information for various entities such as…