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Choosing Accounting As A Career. Essay

1253 words - 5 pages

Accountants and auditors help to ensure that the nation's firms are run efficiently, its public records kept accurately, and its taxes paid properly and on time. Beyond the fundamental tasks of the occupation; preparing, analyzing, and verifying financial documents in order to provide information to clients, many accountants are required to possess a wide range of knowledge and skills. Accountants and auditors are expanding the services they offer to include budget analysis, financial and investment planning, information technology consulting, and limited legal services. In the year 2009, I see myself working towards becoming an accountant for a large firm. Through much research, I have realized that there are many different fields of accounting to look into.There are four different types of accounting: public, management, government and internal. Public accountants perform a broad range of accounting, auditing, tax, and consulting activities for their clients, who may be corporations, governments, nonprofit organizations, or individuals. Some public accountants specialize in forensic accounting, investigating and interpreting white collar crimes such as securities fraud and embezzlement, bankruptcies and contract disputes, and other complex and possibly criminal financial transactions, such as money laundering by organized criminals. Management accountants, also known as cost, managerial, industrial, corporate, or private accountants, record and analyze the financial information of the companies for which they work. They also manage budgeting, performance evaluation, cost management, and asset management. Government accountants and auditors work in the public sector, maintaining and examining the records of government agencies and auditing private businesses and individuals whose activities are subject to government regulations or taxation. Internal auditors verify the accuracy of their organization's internal records and check for mismanagement, waste, or fraud. Internal auditors examine and evaluate their firm's financial and information systems, management procedures, and internal controls to ensure that records are accurate and controls are adequate to protect against fraud and waste.Many accountants and auditors are unlicensed management accountants, internal auditors, or government accountants and auditors. A large number however, are licensed Certified Public Accountants (CPA). Most accountants and auditors work in urban areas, where public accounting firms and central or regional offices of businesses are concentrated. For the most part, these accountants are usually dressed in business suits including a dress shirt, pants, and tie.Most accountant and auditor positions require at least a bachelor's degree in accounting or a related field. Beginning accounting and auditing positions in the Federal Government require 4 years of college, including 24 semester hours in accounting or auditing, or an equivalent combination of education and...

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