Insider tips you need to know to choose and succeed in the right career
Examples of likes and dislikes:
"interacting with all kinds of different business areas and people throughout the company."
"the tax rules are constantly changingÖ most firms will send you for training but you do need to keep up and do a lot of reading on your own."
Tax preparation is generally the first thing that comes to mind when thinking about a career in accounting. However, there are many other aspects to careers in accounting. In the most basic sense, accounting jobs offer individuals the opportunity to learn how businesses work by performing vital function such as recording, monitoring, and verifying the flow of monetary transactions, as well as making sure that those transactions are legal under local, state, and federal guidelines. According to the U.S. Bureau of Labor Statistics, accounting and auditors can expect much faster than average employment growth over the 2008-18 decade.
Accounting careers tend to attract individuals who have an aptitude for mathematics and are analytical in order to be able to analyze and interpret financial data. Individuals should also have good communication skills in order to work with people, and have good knowledge of computers and business systems. Long hours may be required, especially during financial reporting or tax preparation time. Finally, there is a high standard of integrity associated with accounting and auditing positions due to the nature of the work.
Accounting-related careers encompass a wide variety of activities in addition to preparing financial and tax statements. Good accountants and auditors have a wide knowledge base, with most having a specialty. Quite often, many business executives started their career path with a career in accounting. Most work in a traditional office setting, although some may be able to work from home. In general, there are four types of accounting careers, or areas of expertise:
Most accounting and auditing careers require at least a bachelorís degree in accounting or a related field, while some employers may prefer their employees to have earned a masterís degree in accounting or a related field, such as a masterís in business administration with a concentration in accounting. In addition, many individuals take additional accounting courses and obtain credentials through certification or designations, such as the taking the CPA exam to become a Certified Public Accountant (CPA).