Fnu’S Accounting Coffee Mugs Degree Program

by Sarah

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Posted on 13-07-2020 05:46 AM

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A good accounting degree curriculum will include courses on business law as well as taxation, and this is what the fnu bachelor of science in accounting program offers. Because of the personal, legal and business repercussions of breaking or neglecting tax laws, accountants must acquire some taxation knowledge. As part of fnu’s commitment to serving the south florida community and maintaining its degree-granting accreditation with the southern association of colleges and the florida commission for independent education, courses and programs are regularly evaluated for freshness and relevance; in the case of accounting, making sure students learn about taxation and business law topics is crucial.

As you prepare to become an accountant, you should know what courses you’ll be required to take. You need to be familiar with tax codes, economic regulations and financial documentation. Your future job plans will dictate what classes you will take. At the very least, you will need an associate degree in accounting, and a bachelor’s degree in accounting is often required. In these degree programs, you’ll learn about accounting information systems and financial accounting, income taxes, auditing, managerial and cost accounting coffee mugs accounting mug accounting for gifts . Your educational program should ideally enable you to take part in an internship, so you’ll gain real-world experience that allows you to apply theory to practice. As you progress in your accounting career, expect to earn more advanced degrees such as a master’s or doctorate, and certain examinations may be required such as the uniform cpa exam or the certified government auditing professional exam.

Most accountant and auditor positions require at least a bachelor’s degree in accounting or a related field. Some employers prefer to hire applicants who have a master’s degree, either in accounting gifts funny accountant mug accounting joke gifts or in business administration with a concentration in accounting. A few universities and colleges offer specialized programs, such as a bachelor’s degree in internal auditing. In some cases, those with associate’s degrees, as well as bookkeepers and accounting clerks who meet the education and experience requirements set by their employers, get junior accounting positions and advance to accountant positions by showing their accounting skills on the job.

A major plus with this graduate degree – you can earn a master’s degree whether or not you have a background in accounting. A master’s degree in accounting is generally one of two types. Master of science: this accounting master’s degree program generally is suited for the professional with a bachelor’s degree in accounting, and wants to work in public accounting.

At graduate level, accounting and finance degrees become even more popular, with as much as 25 percent of all full-time postgraduate students in the uk enrolled on a fame-related program. This popularity comes from the highly specialized nature of many accounting and finance careers, with high demand for graduates who are ready to keep pace with continuous developments, new processes, changing markets and emerging technologies. Those who study accounting or finance at postgraduate level often benefit from a stronger understanding of the theories and models which underlie the surface-level processes. This can make them better prepared to adapt depending on the environment and make sound business decisions at a management level.

Now that you know more about the ins and outs of public versus private accounting, you should be able to determine which path is best for your future. No matter which type of accounting is the job of your dreams, there’s a degree program to help get you there. If you’re ready to take the next step, visit the accounting degree page to learn more about what rasmussen college has to offer.

If you think an accounting degree program will be engaging and interesting, you’re likely to find that the available jobs for accounting majors are a good fit for you, too. Given the level of expertise and significance in the business world, accounting is a highly respected career. It’s a great way to engage with the practical applications of mathematical and economic concepts — all while helping hardworking business leaders keep their companies afloat.

5. The Ability to Start Your Own Business

Why is accounting so important? well, for starters, it’s all about the benjamins. An important part of any business or organization is, arguably, the money that comes in and the money that goes out. The accounting department typically monitors this closely by recording transactions, analyzing transaction patterns and dealing with things like payroll and taxes. Overall, the accounting department can determine the health and efficiency of a business, and increase profitability just by studying this information. Learn a practical approach to all you need to know about accounting. Alright, you’re still wondering what exactly all this accounting jazz is and how it’s going to help you be successful. Let’s get to it.

Just because you start off crunching numbers doesn’t mean you have to spend your entire job or career doing just that. Accountants have the ability to choose whether or not to work in the public or private sector as well as if they want to work on the more business-oriented side of any company. If you’re looking to go into business and want an analytical edge on the competition, an accounting degree could be perfect for you.

Most likely, people are your biggest business expense. To manage them better, start reviewing utilization on a daily basis, rather than a monthly basis, and take measures to increase your employees’ accountability. At the same time, look for outsourcing alternatives in accounting, it, hr and other areas where you might not need a full-time employee. Finally, make a conscious decision about furloughs or layoffs for employees that may become necessary if the business reaches a certain level.

Welcome to the first video of our course on financial accounting. Since this is the first video, i'm going to begin right at the beginning and talk about why we even have accounting. The goal of accounting is to provide information to decision makers. Every time you're using accounting or somebody else is using accounting to try to get you to see things their way, you should keep this in mind. It's meant to be a tool for decision making so it makes sense to have it as part of that conversation, but you also have to understand what's going into that accounting. What kind of assumptions are there? what kind of information did people have to even determining the accounting? as we work through the course, you're going to learn exactly that, so you'll be an informed user of accounting. But probably the place to start with is, where did accounting even come from? one of the common myths about accounting is that it was created by some old italian guy as the merchant class got stronger in city states there. What people are really talking about there is double entry bookkeeping and even that is probably not really true. The truth of the matter is that accounting was created across all ancient civilizations. They each independently seem to have come to the idea that we need something like accounting. If you go to archaeological digs in egypt, or in asia, or in south america, they find artifacts there all the time that indicates that accounting was one of the very first institutions that was created by each of these civilizations. Now why did each of these civilizations independently decide that they needed to invent accounting? well accounting arose from a need for information. Think about what happens as civilizations get bigger. Organized activities start to become more and more important. In order for society to be able to manage these organized activities, they have to be able to track them. They have to know what worked, what didn't worked, maybe figure out who owes who what. And accounting fulfilled this role for all of these societies. Accountants sometimes forget this simple beginning, though. We tend to get excited about jargon and we put up other barriers that make it harder for others to understand. I do this myself. Now in our defense, the world's become a lot more complicated than it was back in ancient egypt. And because of that, sometimes the things we're talking about are very complicated but really, accounting still comes from commonsense. And if we can just remember this and keep going back to that commonsense motivation, then it won't be the accounting that makes it difficult for us to understand the situation, it will be the underlying complications and the economic reality that make that difficult for us. Now as each of these civilizations was creating accounting, they kept running into the same two big questions in life. What are the two big questions in life? well the first is, what is the financial condition of an organization on a given day? and the second is, how well did the organization perform over a given time period? if you think about your own business, you'll find that you ask yourself this question probably multiple times a day. Where are we at right now? or how did we perform today, or last week, or over the last quarter? these questions just come up as you're trying to run an organization, and think about how to run a business. In fact, even if i talked to my children about what's happening when they're trying to run a lemonade stand, the same two questions come up. I say, guys, what do you need to know? and they'll say, well, what do we have right now? how many lemons do we have? do we have tools to squeeze the lemons? do we have a table to put it all on? and we need to know how we did over time. Was it worth it for all of us to be out here? maybe their friend sam was only there in the morning so he should only get paid for that period of time. So they're answering the same two questions. As societies realized they kept coming back to these same two questions, they realized it wasn't very efficient to keep recreating the answers each time somebody asks them, and they decided they should start formalizing them. As they formalized them, they realized, well, we could create some sort of a tool that would get at each of these. For the first question, what is the financial condition of the organization on a given day, they created the balance sheet. Now the second question, how did we do over time? they created something called the income statement. Pretty quickly, some clever people started to figure out, hey, if the balance sheet's telling us where we were at at the beginning of the period, and where we were at at the end of the period and the income statement's telling us what happened over the period, then we should be able to tie the two together. So they created this statement of stockholders' equity. The three of these items together are all based on something called accrual accounting. Our next video is going to cover accrual accounting and then actually i'm going to do videos on the balance sheet and income statement just after those. So we'll fill all of this in with more detail. Now even though accrual accounting's a great tool, this question of how well did the organization perform over a certain time period is pretty complicated. And people started to realize it would be useful to have an alternative way of thinking of that too. So the cash flow statement was created to help to answer that second question. Now that we know about the two big questions in life, and the fact that we're going to try to create tools to answer them, i want to talk a little bit about the bigger environment in which accounting occurs. There's underlying operations of every business entity, and i've already said the idea of the financial statements is to capture those underlying operations so that managers can use that to make decisions. Now often in these financial statements provide the manager with everything they need to know in order to make a decision. But sometimes the financial statement doesn't quite give them the information they want to have. You may have to adjust the financial statement a little bit or you might even have to go back to the underlying operations of the business and grab some more information. So you might supplement the financial statements with some sort of managerial report, and combined with the financial statement, reach your decision. About now you're probably asking yourself, well why don't you just do the financial statements in a way that would allow you to answers those questions so you don't need those extra reports? there's actually two reasons for this. The first is, think about your own job. You're answering all sorts of different questions at different times. The financial statements can provide a base for you, but you're frequently going to have to modify that information a little bit in order to answer the specific question you're interested in. And perhaps more importantly, it's not just managers who use these financial statements. There's other groups who use them as well. For example, the capital markets will use the financial statements to decide about resource allocation. Should i loan this company money? should i invest in their equity? maybe i should sell their equity. On top of that, there are outsiders who may reach contractual agreements with the company. Should i go into a joint venture with them? if i do then i want to make sure that i have contractual terms to protect me. Should i work for them as an employee, etc? now if you're one of those outside entities, you don't want the company to be able to decide and make up their accounting as they go along. You'd rather that there be some sort of preset accounting rules that you know are relatively standard across companies. This is where gaap or ifrs comes in. Gaap is what we call it in the us, generally accepted accounting principles. The idea is that all of the companies will follow some sort of similar guidance on how they're going to do their rules. Ifrs, international financial reporting standards is what's applied around the world in most countries other than the united states. And again, it gives us some set of overall rules that will say, in general this is how you might want to think about the accountant. As we work through the course, you're going to see that both of these allow a lot of latitude to managers. So, it's important that we understand these rules but also understand the way in which managers can use that latitude to change their financial statements. Now we don't just want a set of standard rules if we're an outsider. We also want to make sure that they're being applied in a reasonable way. And this is where the audit comes in. Auditors are people who specialize in understanding those accounting rules and also in understanding the underlying businesses, the business operations that we've talked about. An auditor will look at the financial statements and say, they seem to generally follow the accounting rules they're supposed to and match the business operations. They can't be absolutely certain, but it makes the financial statements a lot more credible to the outsiders. Now, once those financial statements are done in a way that makes them clear and useful to others, people can make decisions whether it's the managers, the capital markets or the contractual parties. Each of those decisions will actually come back and impact the operations of the business moving forward which will impact the future financial statements, which will impact the decisions again, and we see that the circle just continues to go on and on and on. This is the overall accounting environment that we're going to study. We haven't covered something that people seem to think of every time i tell them i'm an accountant which is, what about taxes? the tax returns also come from the underlying operations of the business entity, but they're actually pretty unrelated to the financial statements. For the most part, tax returns follow their own set of rules. Governments sets these tax rules in order to know when a company should have the ability to actually pay them, to make sure the government gets revenues to run their own business. They also will set tax rules in a way to try to get companies to do things that they want. For example, they may allow a tax benefit if a company gives certain benefits to their employees like healthcare. Or they may give a tax benefit if you make a big capital investment if they're trying to spur that sort of investment in the economy. Because the government makes tax rules for these different reasons, the information that goes into tax returns really is not the same sort of information we want in financial statements to make our business decisions. Whether we're managers within the firms or people outside of the firm trying to decide whether and how i should do business with it. For that reason, the tax returns usually are done independent of the financial statements. There's going to be a few exceptions to that i'll point out to you, but the reason that i've left the tax returns in white here is, for the most part, they don't impact the accounting environment that we're concerned about. In the next video i'm going to make good on one of my promises. I'm going to tell you all about accrual accounting and what that really means.

We will present the basics of accounting through a story of a person starting a new business. The person is joe perez—a savvy man who sees the need for a parcel delivery service in his community. Joe has researched his idea and has prepared a business plan that documents the viability of his new business.

8 Benefits of Business Accounting Every Business Builder Ought to Know

The ability to monitor business growth is one of the top benefits of detailed business accounting. When you know your assets, liabilities, and on-hand revenues, you can easily track the growth of your company. You'll know whether sales targets are being met, whether your social media and content marketing strategies are working, and whether your accounts receivable and accounts payable obligations are being met.

As a small business, you are always under time and cost pressures. You have to worry about creating a good product or service line while reducing costs. When it comes to controlling every part of a small business, you may find it difficult or not doable. One area you may feel like you need help with is the accounting. An option you should consider for accounting is outsourcing. Many small businesses benefit greatly from outsourcing accounting. We outline the benefits, timing of when to hire an accountant, pros and cons, and pricing.

Accounting sometimes gets a bad reputation as a dry career, but in reality, it’s not. Accounting is the lifeblood of any organization or business, and it’s a crucial part of your everyday financial health. According to the bureau of labor statistics (bls), the job growth outlook for accounting is 11% faster than average. Plus, in a study done in 2013 by the journal of accountancy , the demand for accounting grads has reached an all-time high. When you do the accounting, you realize not only can this increase your chances of finding a job after graduation, there are also many other benefits to earning your accounting degree.

Accounting gives any business numerous benefits like practical and timely information on all financial transactions. The information gained from carrying out proper accounting benefits the manager as it allows the best decisions to be made. Without the key accounting data, managers can make costly decisions for a company based solely on instincts.

There are many objectives of but the prime objective is to assist the management team of an organization in improving the quality of their decisions. Purpose of management accounting is to help the managerial team with financial information so that they can execute business operations and activities more efficiently. Following is the list of all benefits of management accounting –.

It would not be wrong to say that the accounting software has become a trend in several businesses and companies. We cannot deny the fact that managing the accounts is one of the most hectic and time -consuming things to do apart from work. And human’s calculation is the hub for the errors, which becomes the sole reason to not trust manual work. Below mentioned are some of the other benefits of bringing accounting software in practice.

A benefits accrual occurs when a benefit-related expense is recognized despite the absence of a supplier invoice. By doing so, a business is properly recognizing this expense in the period in which it is incurred, rather than the period in which the related supplier invoice is paid. This approach is required under the accrual basis of accounting.

Major Business Purchase Decisions

You make investments, purchases, and business decisions to increase your profits and minimize the income tax consequences for your family or business. As an accountant, you will have a thorough understanding of the tax ramifications of all personal or business expenditures and purchases. You will know what investment and business pursuits to follow that can nearly eliminate your tax liability while still providing quite well for your family or company.

For almost 200 years accountants have been charged with helping organizations make decisions utilizing financial information. For the vast majority of that time, allocation-based methods of accounting have dominated the landscape and are integral to almost every business decision made today. However, despite the ubiquity of allocation-based forms of cost accounting including activity based costing, standard costing, job costing , and lean accounting to name a few.

Accountants have a lot of responsibility. They usually have a say in major decisions, which means that they not only have a lot of control over a company’s day-to-day operations, but also the business industry in general. They can be leaders in financial recording and reporting and in planning and analysis. They can help to determine which practices and strategies survive, and which do not.

Accounting is often call the "language of business ", because it deals with the interpretation of a companies operations and finances. In light of recent financial trouble of major companies like general motors and chrysler it is a language we need a refresher course on. Acccounting is extremely important to any business because it is the guiding force to sound management decisions. Is your actual numbers for sales in line with your budget? a review of your budget would help you answer this question.

The analytics review approach can also reveal fraudulent activity or balance sheet errors. In this case, businesses estimate the amount that should be in the accounts based on previous account activity levels. For example, real estate investment company abc purchases approximately five buildings per fiscal year based on previous activity levels. The company reconciles its accounts every year to check for any discrepancies. This year, the estimated amount of the expected account balance is off by a significant amount. Based on previous accounting activity and purchases, the estimate for accounts payable should be $5 million. The actual accounts payable balance is $48 million for the year, which is a major discrepancy in the balance sheet. The accountant of company abc reviews the balance sheet and finds that the bookkeeper entered an extra zero at the end of its accounts payable by accident. The accountant adjusts the accounts payable to $4. 8 million, which is the approximate amount of the estimated accounts payable.

A major use of financial accounting is for the recording of transactions. This function of accounting is also known as bookkeeping. Small-business owners use financial accounting to record business activity in the company's ledger. Because financial accounting uses the double-entry system, each transaction affects two accounts, representing the two sides to a transaction. For example, if a business owner purchases land for cash, he would record a debit to the land account to represent the receipt of land, and a credit to the cash account to represent the outflow of cash. This use of accounting is important to small-business owners because it provides a methodological approach to describing the activities of business.

Monitor Business Financial Health

Managers appreciate financial accounting because it can be adapted, adjusted and implemented according to the changing needs of the company. Unlike static financial accounting, based on the financial accounting standards board (fasb), cost accounting only needs to worry about internal vision and internal purposes. Labor costs are easier to monitor and control through financial accounting. Depending on the nature of the business, salary expenses can be taken from orders, jobs, contracts or departments and subdepartments. This means that management can choose and choose how it determines efficiency and productivity. This is very important when estimating the marginal productivity of individual employees.

You need good records to prepare your tax returns. These records must support the income, expenses, and credits you report. Generally, these are the same records you use to monitor your business and prepare your financial statement.

If you loaned money to a friend to start a business, wouldn’t you want to know how the business was doing? investors and creditors furnish the money that a company needs to operate, and not surprisingly, they feel the same way. Because they know that it’s impossible to make smart investment and loan decisions without accurate reports on an organization’s financial health, they study financial statements to assess a company’s performance and to make decisions about continued investment.

Accounting provides information about the financial position and worth of the business. This fact alone is necessary for a number of reasons. For example, no businessman can reasonably expect to be granted a loan or overdraft facility without producing evidence, in the form of accounting statements, of his financial health. Similarly, should a businessman decide to sell his business the things that will help most in the determination of the business unit’s worth undoubtedly be his accounting records?.

Employee benefits include health, life, disability and accident insurance; retirement plans; flexible spending accounts; business expense reimbursements; and transportation expense accounts. An employer might also offer workers’ compensation; paycheck advances; and benefit days such as vacation, sick, personal and bereavement time. The payroll and benefits accountant sets up employee benefits records in the system and performs the necessary calculations. He monitors enrollment dates and adds or deletes employees to and from the system as required. He calculates and reconciles amounts due to the respective vendors and distributes payments. He also tracks employee absences and benefit days balances, and alerts managers and supervisors of discrepancies.

By mona lebied in reporting , apr 27th 2018 at the basis of every company’s competent management, we can find accounting reports. Tracking the financial health of a business and its evolution over time is essential: to organize important business transactions, keep track of invoices, but also for legal purposes. Created centuries ago with the development of trade and commerce, accounting is now the backbone of any business’ financial world. A company needs it to grow and flourish, and disqualifies itself immediately when it cannot keep its standards right. It facilitates comparison, eliminates ambiguity and is the only way disclose a business’ financial status to its stakeholders.

By sean ross updated oct 26, 2018 investors and lenders rely on financial accounting to obtain critical information about the financial health and risks of businesses. The most important benefit of financial accounting, and the benefit the financial accounting standards board , or fasb, most emphasizes, is the access to information. The average lender or investor does not have ongoing inside access to the day-to-day operations of a company. Instead, it relies on financial accounting to provide accurate and readily comparable information.

Why is Accounting Important in Everyday Life?

While the course guide can tell you a lot about whether you should study something, it’s also important to consider your future working life and your ideal career. Do you love routines, problem solving and concrete data? accounting could be right up your alley. However, if you like a role that is constantly shifting and requires more speculation and risk taking, you may want to try other financial roles.

Lucrative career opportunities could arise from working with a top-four accounting firm, but it’s also important to be aware of the risks. Working for these demanding organizations can have a negative impact on your personal life. While working at one of the world’s biggest accounting firms, you may struggle to strike a balance between your professional and personal life because of the high-pressure nature of your work. Additionally, a competitive corporate culture, where employees feel pressured to perform at a higher level than their peers, can also have a negative impact on your personal health and professional well-being.

The need for accounting standards has been a very important aspect to ensure that comparability, accuracy and transparency are needed for the integration of european financial markets, which is according to the international accounting standards committee (iasc). We need accounting standards to develop the measures of performance in any form of life, whether it is in financial reporting, returns and funds, or even playing a game. Actually, high quality financial reporting is connected with efficient capital markets so as to lead for investment to be well done. If we want the economy to function efficiently, we should have accounting standards because they help us reach our destiny. With accounting standards and good financial reporting, customers can get a clear image about business activities and financial conditions. To make it very clear, i will just mention a small example created by me that will really denote and clarify the real need for accounting standards in any business enterprise. With known and organized accounting standards, when the amount of the net income of fathiya company and abeer company is 2 million omani rials, we are sure that we can make a meaningful comparison. According to schipper (2003) says that without standards, we cannot get the core aspect of assurance, for instance, whether fathiya company is considering the orders of the future as current sales or releasing a big amount of its expenses.

Pros and Cons of Cash-basis Accounting

By mike kappel choosing your accounting method is the first step in handling your company’s books. If you’re a small business owner, you may prefer the simplicity of cash basis as opposed to accrual or modified cash-basis accounting. But before solidifying your decision, learn the pros and cons of cash-basis accounting.

Now that you’ve got a better grasp of the pros and cons of an accounting career, take the time to evaluate whether this is the field for you. If the pros are outweighing the cons, you might want to take a closer look at how to prepare yourself for a job in this field.

The differing philosophy is cash accounting, or recording revenue when receipted and expenses when expensed. To help shed light on the pros and cons of accrual accounting, let’s discuss an example of how both cash and accrual accounting work.

If you are interested in a prosperous future from a personal and/or business standpoint, reach out to our team of dedicated specialists. When considering accounting, audits, tax or business consulting, one call can make all the difference. Click here to get started – we look forward to working with you!.

Many negative consequences can result from poor ethics in accounting practices. The first result is generally a lag in business. Accounting firms rely heavily on word-of-mouth for promotion, and it's all too easy for a few bad stories about unethical behavior to sway prospective clients away from a particular firm. There can also be serious legal repercussions for those who are found to be violating legal codes and standards for their jurisdiction.

A little bit about the 3 accounting methods

The consistency principle does not prohibit companies to change their accounting policies and methods. In fact, companies are free to change their accounting policies and methods if there are one or more logical reasons to do so and the change so adopted more clearly reflects the business through financial statements. The change so applied must be supported by credible reasons and must also be disclosed in the notes to the financial statements along with the date of change, appropriate reasons for change and the date from which the change will take place.

See for yourself how easy our accounting software is to use!

Zoho books is a part of the popular zoho family of business solutions. The accounting software is suitable for small business with its smart and innovative solutions. It is easy to remain on top of your cash flow with its intuitive interface and controls. You can quickly make data-driven decisions in real-time with its powerful reports and analytics.

Managing business finances is a vital part of a business and good accounting software can help with managing it. Most of the small businesses use quickbooks as their accounting software. Quickbooks is easy to use and is loaded with features that save you time. Quickbooks saves around 40 hours per month on accounting tasks, which makes it the best choice for quickbooks for.

1. Quickbooks has easy-to-use software that is customer oriented. Even if your company does not have a big accounting department, this software is made to be used by many people and its design is really easy to understand; 2. Quickbooks can help you manage your taxes easily. Filing in tax reports and monitoring income has never been easier. By using the software you will not have to worry whether your tax report will be made correctly and on time.

Online accounting software freeagent is a reliable bookkeeping solution designed to help accountants, freelancers, and micro-businesses manage their finances. The solution automates the management of payroll, invoices, expenses, and other critical accounting workflows. Freeagent is based on the double-entry accounting method, which makes it easy to use for all accountants, regardless of their tech skills level.

Online accounting software: online accounting programs offer you the advantage of syncing your accounting system with your bank accounts. This approach makes it easy to enter transactions by simply finding them in your bank feeds and then clicking the right buttons. This feature lessens the possibility that you will miss an expenditure, as you might if you were starting with paper receipts and lost one. Using online accounting software also allows you to access your accounting program from any computer, rather than having to use your own desktop. However, online accounting programs take longer than desktop versions to process each transaction, and this time adds up when you're making dozens of entries. Also, the practice of matching receipts with bank feeds can be slow and cumbersome, and this step is necessary if a single purchase includes items in multiple categories such as materials and supplies. Quickbooks is the most popular and most highly rated online accounting software. Xero is highly regarded for mac users, and zoho works especially well for very small businesses.

10 Must-Know Pros and Cons of an Accounting Career

By brandon gaille being an accountant means more than just working with numbers on a daily basis. It is a career that offers a certain level of prestige. Your ability to work with money allows you to help others succeed financially as you provide for yourself. It’s a way to make a direct difference in the world of each client. Yet being stuck in an office, staring at spreadsheets on a beautiful sunny day, may not be your cup of tea. Are you thinking about this as a career option for yourself? then here are some of the key pros and cons of being an accountant to consider today.

Cpas are consistently well paid because they’re in high demand. And when you’re in high demand, you can count on career stability, a competitive salary and lots of chances to advance. Just how popular will cpas be in the future? the department of labor and statistics predicts employment of accountants and auditors will grow faster than average for all occupations through the year 2016, mainly because accounting and auditing regulations are getting stricter and the economy will continue to expand around the globe. The best job opportunities will be for accountants and auditors who have an accounting degree and cpa license.

For another 20 percent of survey respondents, the wide variety of career paths within the field led them to their jobs. From entry-level accounting clerk to cfo or partner, from nonprofits to government and all types of businesses in-between, accountants enjoy myriad opportunities. Of course, there’s also the choice between private and public accounting. Private, or corporate, accountants work for single companies. Public accountants work for companies that provide auditing, tax, advisory and consulting services to others or may work as independent accountants. While public accountants may work with a variety of businesses, corporate accountants become accounting experts in specific companies and industries, with a broad range of accounting, auditing, tax and consulting duties.

Studying accounting & finance could be ideal for you if you enjoy maths and want to apply it to business, whether that's management, business law or economics. You'll enjoy: excellent graduate schemes and prospects – studying accounting & finance could give you the opportunity to work for an established company with a structured training programme and clear career progression.

If you’re thinking that’s a lot of information to consider, you’re right. Making a career choice is never easy, but knowing the facts can help narrow down your choices. Regardless of how you do it, there are plenty of options available to you in both business and accounting. Choosing a degree doesn’t have to be difficult. Now that you have the facts, it’s time to make a decision. If you are still on the fence, you can learn more about what you can do with a business management degree or learn more about what jobs you can get with a finance degree.

Making a difference at work? acquiring essential business skills to help your career soar? earning a salary that starts strong and grows rapidly? being in demand now and for years to come? then the accounting profession may be for you. Read on to learn more about this rewarding career. Why you should consider earning a mac degree.

By sarah tarrant picking a major is a big decision for students. Many students are unsure of what degrees will fulfill their interests and career goals , which can make the decision a challenge. Some important factors to consider when choosing your degree include what you’re interested in, what skills you’re looking gain from you degree, and what career options you have once you’ve completed your degree. With those three factors in mind, here are three reasons why you might choose to major in accounting !

there aren’t many careers as diverse as accountancy: not only can you train in business, practice or banking, but once qualified chartered accountants are found working in high level jobs all over the world. Accountants are financial specialists at the heart of all areas of business. They work across various specialisations, including consulting, corporate finance and forensic accounting. They could find themselves working in all corners of the globe, from the cayman islands to south east asia. The opportunity for international travel and rewarding salaries are just two of the benefits open to chartered accountants.

If you ever need a change of scenery, there are plenty of alternate career paths. An accounting background allows you to transition into consulting, trading, teaching and even recruiting (hey, that’s what we did!).

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