If you're planning to pursue a career as an accountant, it helps to know the major fields in accounting to give you a clear picture of what's expected of you and whether or not you're qualified for accountancy jobs. They'll also serve as your guide once you've finally decided to enter the accounting world.
• Public Accounting
A certified public accountant is one who performs all kinds of accounting, auditing, and consulting services to clients. If you specialize in public accounting you're expected to deal with tax concerns like helping businesses and individuals in processing income tax returns. Another specialization focuses on health and insurance benefits of employees and auditing or preparing financial statements. Most certified public accountants work in accounting firms while others opt to work on their own.
Accountant
• Management Accounting
Management accountants go by many names such as managerial, corporate and private accountants. As an accountant working for a company, you'll take charge of recording and analyzing all financial-related information including budgeting and cost and asset managements. Yours is an important position in the company so you have to work closely with the executive team and guide them in their decision making especially if it involves planning and interpreting financial details.
• Government Accounting
Working as an accountant in the public sector can be very rewarding. You'll serve as the eyes and ears of the government since you're in charge of examining and auditing financial records of government and private agencies. You have to ensure that they follow tax laws and regulations mandated by the government.
• Internal Auditing/Accounting
This field is very meticulous and requires people who pay close attention to the littlest details. As an internal auditor of a company, you have to check and recheck company records and see to it that they're free from errors, frauds, or mismanagement. You have to review the overall operations of the company and check if they abide by the rules and regulations stipulated in the law. In some cases, you have to conduct environmental, legal, and health care auditing.
Regardless what accounting fields you want to work in, you need a bachelor's degree specifically in accounting or related field to be qualified for accountancy jobs. Other prestigious companies require the expertise of accountants who have passed certification exams or those who have a master's degree in accounting. If you're a Certified Public Accountant, you have better chances of getting hired fast and receive higher salary compared to those who don't have a certification.
Accountants can work as a part of a company or firm or they can work alone as a private accountant. With so many companies and individuals asking for the services of accountants for sure you won't be disappointed in pursuing this career
Get to Know the Different Accountancy Jobs Xenia - Sing You Home Video Clips. Duration : 3.80 Mins.Rating: 4.89049
Music video by Xenia performing Sing You Home. (C) 2012 Universal Republic Records, a division of UMG Recordings, Inc.
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