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Careers In The Field Of Accounting

This is a discussion on Careers In The Field Of Accounting within the Career forums, part of the Member Discussion category; There are many different careers in the field of accounting ranging from entry-level bookkeeping to the Chief Financial Officer of ...

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    Default Careers In The Field Of Accounting

    There are many different careers in the field of accounting ranging from entry-level bookkeeping to the Chief Financial Officer of a company. To achieve positions with more responsibility and higher salaries, it's necessary to have a degree in accounting as well as achieve various professional designations.

    One of the primary milestones in any accountant's career is to become a Certified Public Accountant or CPA. To become a CPA you have to go to college with a major in accounting. You also have to pass a national CPA exam. There's also some employment experience required in a CPA firm. This is generally one to two years, although this varies from state to state. Once you satisfy all those requirements, you get a certificate that designates you as a CPA and you're allowed to offer your services to the public.

    Many CPAs consider this just one stepping stone to their careers. The chief accountant in many offices is called the controller. The controller is in charge of managing the entire accounting system in a business stays on top of accounting and tax laws to keep the company legal and is responsible for preparing the financial statements.

    The controller is also in charge of financial planning and budgeting. Some companies have only one accounting professional who's essentially the chief cook and bottle washer and does everything. As a business grows in size and complexity, then additional layers of personnel are required to handle the volume of work that comes from growth. Other areas in the company are also impacted by growth, and it's part of the controller's job to determine just how many more salaries the company can pay for additional people without negatively impacting growth and profits.

    The controller also is responsible for preparing tax returns for the business; a much more involved and complex task than completing personal income tax forms! In larger organizations, the controller can report to a vice president of finance who reports to the chief financial officer, who is responsible for the broad objectives for growth and profit and implementing the appropriate strategies to achieve the objectives.

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    Default Re: Careers In The Field Of Accounting

    I never liked that type of jobs, I think it is because I hate math.
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    Default Re: Careers In The Field Of Accounting

    There are good scope in field of Accounting. It good profession.

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    Accounting can be very rewording but it is costly as well when training.
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    Default Re: Careers In The Field Of Accounting

    accounting is rewarding but its degree takes time to complete and it is costly also.i also have a great interest in accounting but there is no short cut in this field.

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    Default Re: Careers In The Field Of Accounting

    Accounting is definitely a job which requires a great deal of responsibility, which is why the remuneration is stable and high. To become an accountant you need at least a Bachelor degree in accounting from an accredited college, and you need to pass the national CPA exam. While this degree takes four years to complete, the investment you make is returned; accountants earned an average of $48,993 a year in 2008 according to the U.S. Bureau of Labor Statistics.
    collegeamerica.edu/business/bachelors/accounting

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    Default Re: Careers In The Field Of Accounting

    Definitely serena, math is one of the hardiest subjects in my opinion but if you will be enjoying this subject so I think you will achieve all goals. I think accounting is one of the good and enjoyable subjects there are vast ranges of scopes in industries especially for Bank job.

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    Default Re: Careers In The Field Of Accounting

    Public Accountants
    Certified Public Accountants (CPA) in private practice offer their services to individuals and companies to advise and assist them in matters concerning their finances. CPAs are generally busiest around tax filing time and are either self-employed or employees of a larger accounting firm.

    Management Accountants
    Management accountants work directly for one company and organization. They assist with creating budgets, managing costs and assets, and strategic planning.

    Government Accountants
    Government accountants perform similar work to management accountants, but work in the public sector for government offices and agencies.

    Auditors
    Auditors examine the financial records of companies to ensure accurate reporting and to locate instances of fraud and embezzlement. Internal auditors work directly for a company or agency on a continuous basis, while external auditors work for an independent auditing firm on a periodic basis.

    Educators
    Accounting educators usually hold masters or doctoral degrees in accounting and provide instruction to students of accounting at community colleges, business schools, and universities. They may also conduct continuing education courses for accountants that many states require to continue holding an accounting certification or license.



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