Accountant Careers

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Internal controls of accounting help eliminate fraud within a given company by focusing on the day-to-day functions within the accounting department. Find out how internal controls help employees perform their accounting duties with information from an accounting professor in this free video on accounting careers.

Expert: Shawn Jones
Contact: www.argosy.edu
Bio: Shawn Jones is an accounting professor at Argosy University in Salt Lake City, Utah.
Filmmaker: Michael Burton

Duration : 0:1:30

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I’m an accounting major and I have my doubts about continuing in the field- main my concern is that I will get bored looking over other people’s calculations and constantly filing away various transactions into various categories and spreadsheets.

I’d like to hear from accountants who left the field, if there are any: why did you leave? Are my perceptions correct? Or is there considerable variation in the work?

I was an accounting major until I took cost accounting, which made me think, This just isn’t for me. I switch my major to finance (because it would require the fewest extra classes). The irony is that after working for 10 years in finance (budgeting, forecasting, analysis), I ended up back in accounting (through a series of promotions and shifting job responsibilities). And I actually found that I liked accounting (at least in the corporate environment in which I found myself). Keep in mind that there are lots of types of accounting careers (although you’ll have to go the public accounting-audit route first if you want to get a CPA).

My advice to you is this: Try taking some non-accounting business courses (marketing, finance, economics). See if any of them appeal enough to you to switch your major. You might prefer finance to accounting because it is a "bigger picture" discipline. You’ll find yourself rounding to thousands or millions, while accountants often have to tie out things to the penny.

Good luck!

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what are some careers related to accounting?

There are numerous tracks but the main tracks are Public Accounting and Corporate Accounting.

In Public Accounting, you can have two types of careers…auditing or tax. As an auditor, you will audit a corporation’s financial statements to assure that they are presented in GAAP. A tax professional prepares tax returns for Corporations and Individuals.

Corporate Accounting is where you will record transactions for an organization. Corporate Accounting is much more detail oriented if it is done correctly. I have seen many public accounting professionals go into a corporate accounting environment and screwed the whole thing up because they are unable to deal with the details involved. Dependent on what your job is within a corporation, you could do a part of the accounting or the whole thing. This includes Accounts Receivable, Accounts Payable, Payroll, Tax, and General Ledger.

I have worked in both environments. For me, corporate accounting is better. I like to be in an environment where I can instigate where the transactions will go and assure that the cash and other accounts reconcile in the 1st round. I enjoyed public accounting but I had a problem with the time factor especially in situations where the books of a client were in a total mess. CPAs do not usually budget for messes within a client’s books. My conscience does not allow me to just glance over a set of books from a client that are a total mess. People can do this but I just can’t. I want to fix it for the client and then finish the CPAs work.

In favor of the Public Accountant, an auditor is prohibited from offering clean-up services to a client. Most cases will require the CPA to hire another CPA firm to clean up the mess. Then, the auditor will return to the client’s location to complete the audit. If this is not done, there is a conflict in terms of independence. The auditing CPA does not usually give a bad opinion on financials unless the company is unco-operative.

In the end, unless you have a real talent for this field and there is nothing else you can do, go for it. If you have another talent other than accounting where you can make money, change your major and run away as fast as your legs can take you. The industry stinks and is one of the lowest paying jobs in corporate America. For example, an engineer makes $100K a year where the accountant will make $60 to $70K a year. The money does not make up for all the stress involved.

My uncle was also a CPA. His motto was when I got my 1st job at a CPA firm, "Welcome to the funny farm." Just remember that.

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Can someone please list some possible careers for an accounting major? My boyfriend has one year left, and is freaking out because he doesn’t know if there is anything else really he can have as a career besides being a CPA or whatnot. Thanks

actuary
auditor
benefits administrator
financial analyst
loan administrator
underwriter
personal finance manager
securities broker
claims adjuster
FBI or CIA agent
IRS investigator
internal auditor

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i would like a career change to become an accountant, but have no idea where to start or what courses to take?

NO. Get stuck in. I am nearly 50 and want to think about a career change involving years of study. It would have been preferable to have started younger, but I still have to decide what I will be doing in ten years from now.

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The job description for an accounting technician focuses on data entry, paperwork processing and working with basic accounting department functions. Handle accounts payable, accounts receivable and payroll as an accounting technician with advice from an accounting professor in this free video on accounting careers.

Expert: Shawn Jones
Contact: www.argosy.edu
Bio: Shawn Jones is an accounting professor at Argosy University in Salt Lake City, Utah.
Filmmaker: Michael Burton

Duration : 0:1:13

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Top minority accounting students, destined to become future leaders of the CPA profession, attend a 2-day workshop where leading CPAs provide information about the CPA Exam, volunteerism and choosing the right path.

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Accounting is the study of the way businesses keep track of their income as well as their assets over a specific period. There are several things on can easily learn from choosing one of the careers in accounting. One of the most important lessons in learning the ways businesses usually work. Most people are not aware of the fact that most successful businesspersons were accountants who later wanted to open a business of their own. The main reason is that accounting is actually a business language. A system accumulates and measures the following:

a) Business activities

b) Transformation of information into reports

c) Communication of output to the management of top level

If you think that these are not many options under the category of Careers in accounting, you are wrong. You would be amazed to know that there are endless opportunities in accounting career.

Here are some of the Careers in accounting:

a) Public practice: This is an amazing career opportunity in the field of accounting. This can be adopted as a starting of one’s career. One can easily practice as a public accountant. Public accountants need to render many services with a fee. They are adept in coordination or work in collaborations. This is the best way to offer accounting services to a lot of individuals, private businesses as well as governments. Here, it is extremely important for the public account to be certified. This will allow him or her to practice freely and proficiently in one of the management advisory services or as individually. There are several duties a public accountant requires to undertake such as taxation, auditing and management advisory services. Public accounting is one of the best opportunities to obtain a good amount of business experiences. The best part is that all these experiences are multifaceted.

b) Education: Most of the accountants are hired as reviewers, researchers or professors. These professionals ensure consistent development of the profession via making great efforts to clear out and face issues via making efficient research and then distributing the results obtained thereafter.

c) Commerce and industry: An accounting group is extremely important for any corporation irrespective of its size. This group contributes towards preparation and organization of financial statements. The group also keep good tab of costs and takes good care of tax issues and work on global transactions. With good practice and hold in the field of accounting, one may also be hired as vice president for the finance department of a corporation.

d) Government service: Accountants hired for government service are supposed to work either for local, state, or federal level. An accountant in government service put the budgets together, then keep good track of all the government cost, and thereafter analyze the government’s programs.

The above-mentioned are just a few opportunities that you can avail under the category of Careers in accounting. All you require to do is to master yourself in this field and earn as much as you desire.

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No one would hire me I have no experience. I’m starting to believe getting an Associate’s Degree wasn’t worth it because now I owe for the loan I obtained to finance my education. This is frustrating!! Please help!

I started with an associates as a assistant bookkeeper in an accounting firm it paid $85 a week when minimum wage was 1.85 but the next year i was a full charge bookkeeper at 100 a week then another firm at 500 a month and kept working up.

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