Accounting Career

A Career in Accounting: Tips on How You Can be Successful In any type of businesses, an accountant is needed. You have to consider that accounting is basically the language in business and having enough knowledge about accountancy is essential for businessmen and women to know how their business is doing. This is why accounting professionals are very much in demand today. And, a lot of certified accountants have become quite successful in their field and some have even started their own business. The great thing about this career is that it will enable you to interact with all levels of business and you will also learn a lot from it. So, just what does it take to become an accountant and follow this career? First of all, you need to know about the eligibility in becoming an accountant. You need to be a graduate in a 4 year bachelor's degree in accountancy or any related field. Aside from this, an accountant should be able to have good analytical and technical expertise in business systems. Good mathematical aptitude is also a must-have for accountants. And, because computers are now one of the most used medium in computing, you should also have knowledge and the operating skills of a computer. Another requirement is that you will need a bachelor's degree with a minor in another subject. This should be taken from an accredited college or university in order for you to apply for Master's in accounting. You can also pursue this career if you had your course in accounting over distance learning programs or through the internet. Also, you will need an accreditation or license of certain organization, such as being a CPA should have a license by the STA or the State Board of Accountancy. Most companies also require that you should complete a number of semester hours as well as work hours, which are considered for a 4-year bachelor's degree. If you become a public accountant, you will be taken as a trainee. You will usually start your career as a junior internal auditor or as cost accountant. It is recommended that you should have a master's degree in business administration or an MBA because it is preferred by more companies who are looking for accountants as part of their employees The great thing about pursuing accountancy as a career is that it presents a lot of career opportunities. For example, you can get a job as auditors or accountants in government offices or in private companies even if you do not have any license. During the course of your career, you can even get promoted to a position, such as the chief financial officer position which presents a lot more great opportunities for your career. You can also work in the legal office. You can work as an auditor, a financial officer, a budget analyst, a management accountant, and even as a tax accountant. Most companies that are looking for tax accountants will prefer accountants with legal background. Forensic accounting is another promising career for accountants. Here, you will investigate crimes, such as fraud in company's finances. If you have a knack for teaching, you can teach a subject related to accountancy in college. This is a great career option and many accountants feel that this job is really fulfilling. Just remember that in this profession, you have to start slow. If you are just beginning a career as an accountant, try to start as a trainee and work your way up to the career path that you want to take. Accounting or accountancy career is a very promising career that presents a lot of great opportunities. You can be sure that you will find the right career that you want if you take this type of career.

Accountancy Auditing Careers Within the field of accounting, there are a lot of career choices and accountancy auditing careers is just one. Auditing is very important and it is considered as an integral part of business finances. Auditors are greatly needed to examine, analyze, and verify the business finances. The Bureau of Labor claims that accountancy auditors are in-demand at present and in the years to come. Employment of auditors is expected to increase eventually. If you’re still looking for an accountancy career, you might want to consider working as a company auditor. What is an auditor? Auditors are also accountants. However, they primarily deal with examining and corroborating financial statements. The various statements are examined closely and the auditors make sure that everything will ‘add up’. Sometimes, inaccuracies and errors occur. The task of the auditor is to determine where these inaccuracies or errors exist. Aside from that, auditors develop certain courses of action to avoid future errors. If you think that the task of the auditor is simply scrutinizing financial statements, you’re quite wrong. Auditors examine the various company bills and they ensure debit and credit accuracy. Errors are immediately corrected to avoid financial problems. Government auditors are different from non-government auditors. You see, they are the ones who examine from different perspective – the tax perspective. Some filed tax returns are suspicious and so the task of the government auditors is to conduct an audit on the individual or business entity and check if it’s accurate. A very good example is a business who filed a tax return, claiming that they incurred many expenses. IRS auditors will then check the said expenses to ensure that it meets the tax code criteria. If it does not meet the criteria, the company can be given penalties. Most tax auditors have bad reputations but they deserve more than that. You see, being a government auditor is among the top accountancy careers because they make sure that the people are honest enough to file their tax returns and that the government will not be cheated. An accountancy career is technology driven. Many years ago, auditors work manually but nowadays, it’s a lot different. Present-day auditors should know how to work with computers and complicated accounting software or programs. This is the only way to keep up with technology and to stay competitive in the market. If you want to become a company auditor someday, you have to graduate with a bachelor’s accounting degree. Certifications are oftentimes needed although some states don’t require it. More job opportunities are open to those who earned a Master’s degree as well as some certification. Salary is a very important consideration when choosing a career. Auditors are earning a yearly salary of about $54,000. Senior auditors receive higher salaries which can reach as high as $80,000 per year. However, if you’re a new auditor, you can earn about $35,000 per year. You see, accountancy careers let you earn big money. Starting salaries are reasonable and don’t you worry because after a several years, your salary will definitely increase. If accounting is your passion, choose an accountancy auditing career. Despite the bad reputations of auditors, you should still believe in yourself and that you’re going to have a decent job that let’s you earn reasonable salary. Who cares what other people say; the important thing is that you’re doing an excellent job.