Overview: Accounting is
the study of how businesses track their assets and income over
a period of time. Accountants
use a wide variety of activities besides
preparing financial statements and recording business information.
Accountants also calculate
costs and gains from new technologies and also participate
in making strategies for mergers and acquisitions. They
also help companies
by tracking financial performance, using tax strategies
and creating better and cheaper
health care benefits. In
the accounting field, the most important thing you will learn is how
a business works –
from beginning to end.
Schooling:
Bachelor's Degree in Accounting or a related field.
Salary: $33,000(entry
level) - $ 260,000(Partner).
Job Opportunities:The
career of accounting offers exciting
and challenging work that is always changing. Accountants spend
a lot of time
looking "under the hood" of a business learning how each
department works. Most
of the Chief Financial Officers of a large corporation
have backgrounds in accounting. An accountant is a perfect
candidate for a CFO(Chief
Financial Officer) because he or she probably has the best understanding
of what profits
the company. A person
beginning their career as an accountant will most likely start out
in a public accounting firm
such as Ernst & Young or PriceWaterhouseCoopers. Most
accountants do not make partner in an accounting firm but the
experience and training can
be excellent. Many accountants move on to careers
with a financial or accounting interest in business or government.
If you are interested in this
career you may want to do one or all of the following:
join a Math club at your school
get familiarized with the stock market
visit this Math Link at
http://www.learner.org/exhibits/dailymath
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