Introduction.
“Occupations that typically require a bachelor’s degree or higher for an entry-level position will generally grow faster than the average for all occupations” (Dohm & Shniper, 2007, p.2). People who had a bachelor degree have more opportunities in the job market so education is very important to be successful. Due to the increase for the jobs that require more formal education; having a profession with good foundations represents a great advantage when getting a job, being a professional accountant whit a required education is easier to find a very good job. Accounting and Auditors among other occupations, “are expected to increase by 15.3percent, or about 5 million new jobs, by 2016” (Dohm &Shniper, 2007, p.2).Experience is crucial in serving as a professional in any business that requires the services of an accountant or auditor. To add, experience helps a lot to obtain better gains and most opportunities to find a job.
Education required to successfully support career. First of all, a High School diploma is necessary. Furthermore, according to US Bureau of Labor Statistics (2014), “Most accountants and auditors need at least a bachelor’s degree in accounting or a related field” (para. 1).Even more, to achieve greater job opportunities firms take into account the certifications. For example, one of them is to be a certified public accountant, “CPAs are licensed by their state’s Board of Accountancy” (para 4). To obtain this certification, accountants must
Having no high school or college diploma, Joesph Bivona, 46, for the past 12 years has owned a Foodtown supermarket in Queens, NY in addition to being one of sixteen owners of the name Foodtown.
Therefore, if you are studying accounting in college you should have an idea of kind of accounting field you wish to enter. There is a quote that said, “CPA is always an accountant, but not all accountants are CPA.” Hence, there are a number of accountants who never pass the CPA exam and though they can perform a variety of accountancy task, they are not allowed to perform certain tasks that only a CPA can do. Hence, no matter if you are, a certified accountant or not you there will be a place for you in the accounting field. The larger companies will go out and hire a CPA (Certified Public Accountant) in order to maintain some form ethics within the company. However, the small businesses might hire an accountant to perform duties as a managerial accounting, cost accounting, and financial accounting.
Many young students want to pursue a career in accounting but are still wondering whether the possibility of matching this job or not. In general, the accounting industry is considered the industry that many students including myself choose and study. Graduate, students easily find a job and have a steady income. Not only easy to find a job and a stable income, I began to choose accounting because of the peculiarity quite "comfortable" of the industry: not too demanding, picky, I just have to like working with the numbers and skills required when working with numbers. Since accounting is an indispensable part of all companies and organizations, so this is one of the best craft unemployment negligent that I want to purse.
employee, but it is also the job of the leader to make sure that the employees are properly educated. Keeping up on continuing professional education requirements is just a small part of it. The key to education is not who can know the most information, but who can ask the right or “powerful” questions. Accountants need to hold a characteristic of questioning. This believe of questioning needs to be taught early on or students and accountants will turn into factbased individuals instead of knowledge-based individuals. The difference between these two types of people is that a knowledgeable person knows when to ask questions and knows what questions to ask.
“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
We need accountants because they are trained to handle tough financial situations. They know what investments are wise, what we can afford, and how we can increase our wealth.
One of the most misunderstood job positions in the United States is accounting. Accounting is often described as a dull job that requires a mastery in crunching numbers. Despite accountings misconceptions, it is often considered one of the most satisfying jobs. One particular accounting title, Certified Public Accountant (CPA), is one of the most popular qualifications accountants seek out. To organize and represent CPAs, the American Institute of CPAs (AICPA) was formed. Today, AICPA is informing the public about accounting and uses the slogan “Start Here, Go Places.”
I agree many of accountants skills are used to keep track of business records much like scorekeepers at gaming events. I also agree most people have some form of accounting background like balancing a checkbook, paying taxes or reporting some form of income. Much like financial accountants if we do not do taxes or report our income we could get audit by the IRS.
. Having a high school diploma is important mostly because it helps me build a structured idea to start building a positive lifestyle and future for me and my family. In order to obtain any job even at McDonald’s you’d need to at least obtain a high school diploma. You can’t move forward in life working in fast food restaurants for the rest of your life living from pay check to pay check. A high school diploma is needed so that you can either go to college or to the military. Without a high school diploma there’s no way to become truly successful in today’s work force. If you to get your high school diploma your well on your way to build a life for yourself and eventually graduating and going to college or maybe even further than
My overall career goal is to obtain my CPA license. To obtain my CPA license, I will first obtain my associates degree in accounting, Associates of Applied Science. This degree will help myself obtain an entry-level position in the accounting fields. By obtaining my associates degree in accounting, I will count with a two-year background in accounting. This experience with help me obtain a part-time job or internship in my field. With the courses, I have taken, this has provided me with an overall view of the preparation of financial statements, journal entries, and QuickBooks software.
Next, let’s take a look at what it takes to become a forensic accountant. According to AICPA.org, there is a lot of work to be done before you can call yourself a forensic accountant. You must first be licensed as a Certified Public Accountant. Then you must pass the Certified Financial Forensics examination, complete the CFF Credential application, and pay the credentialing fees. You need 1,000 hours of business experience in Forensic accounting within 5 years, and 75 hours of forensic accounting related Continued Professional Education. After all this completed, you can sign the Declaration of Intent to comply with the requirements of CFF recertification. There are many schools that offer specific courses and degree programs in forensic accounting, such as Southern New Hampshire University. They are generally master level programs. The most important item is the work experience.
Students wishing to become business administration professionals have to participate in undergraduate or MBA programs to get according degrees. Also when it comes to accounting, a subdivision of business studies, students usually need to take several years of authorized examinations in order to become Certified Public Accountant, shortened as CPA.
The U.S. Bureau of Labor Statistics (Occupational Outlook Handbook, 2010-11 Edition) points out that while most accountant's positions require "at least a bachelor's degree" there will be job opportunities in fact the job picture for accountants is "favorable" for those who have earned "professional recognition" either through certification of licensure, or by receiving designation as a certified public accountant (CPA) (BLS.gov).
Accounting professionals are in very high demand. The nature of work in accounting is so vast an individual would have so many different areas of accounting to choose from. Accounting requires people who can work with complex business structures, computer systems, and financial analysis packages. Accounting work further requires an aptitude for mathematics and the ability to compare and analyze accounting data quickly. Accountants also need to have strong communication skills as they must effectively communicate accounting data to their employers and/or clients. The accounting profession also demands a high level of integrity and morality because the financial data prepared by accountants is used by business managers to run their