....3 ACCOUNTING CAREER…………………………………………………..4-7 Education/Training Employment/Compensation MARKETING CARRER…………………………………………………………………8-10 Education/Training Employment/Compensation CONCLUSIONS AND RECOMMENDATIONS……………………………...11 REFERENCES……………………………………………………………….....12 . INTRODUCTION Choosing the right career is a choice that everyone should approach with a clear conscience and plenty of knowledge on all of the options, weighing the pros and cons of each career, and ultimately choosing the best career that will satisfy their goals in long term options for him or her is to some degree a bit difficult. Studies show that most people at one point in their life face the predicament of choosing between two or more professional careers that is why is fundamental to questions a professional contact, friend, co-worker or even a client when making this choice: What are your abilities?, What’s your work style? Where do you want to work? Do you have people skills? Do you want to do social networking? How you will be able to balance your work and your social life? How do you deal with stress? And How must important how much money do you want to make? But also consider the educational training that you will need for a particular field. The final career choice and ultimate option should be the one that include guidance from a career counselor or school advisor. In this report, the previous questions will be explored in order to choose between a career in accounting or marketing...
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...Careers in Accounting XXXX ACC100 – Accounting I XXXX XXXX December 2, 2014 Abstract Accounting has been described as one of the best jobs in North America in terms of stress level (low), compensation (high) and career placement after graduation (fast). (Nich, 1999-2014 ). There are several different career paths that someone with an accounting education can purse depending on their education level. For example, someone with an Associate’s Degree would be suited for an entry-level position such as a bookkeeper or accounting assistant while someone with a Bachelor’s Degree would qualify for a managerial position. Both levels of education will allow someone with an accounting background will easily enter the job market. Specific Job Options Two specific options that someone with an accounting education can pursue are a financial analyst and an auditor. A financial analyst should have a bachelor’s degree and is responsible in assisting businesses and individuals to make sound investment decisions. They would provide several different types of services such as recommend individual investments and collections of investments, study economic and business trends, study a company’s financial statements to determine its value and meet with investors to explain recommendations. (Financial Analysts, 2014). A financial analyst would typically work at an insurance company, bank or securities firm. An auditor should also hold a bachelor’s degree and is responsible for preparing...
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...Your Career Interest Profile: Based on what you told us, you are... Conventional Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow. Social Social occupations frequently involve working with, communicating with, and teaching people. These occupations often involve helping or providing service to others. Enterprising Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business. Your Career Matches ... Office and Administrative Support Explore Jobs Eligibility Interviewers, Government Programs Executive Secretaries and Executive Administrative Assistants Municipal Clerks Human Resources Assistants, Except Payroll and Timekeeping First-Line Supervisors of Office and Administrative Support Workers Loan Interviewers and Clerks Freight Forwarders Proofreaders and Copy Markers Brokerage Clerks Legal Secretaries Credit Authorizers Billing, Cost, and Rate Clerks Bookkeeping, Accounting, and Auditing Clerks Patient Representatives Statistical Assistants File Clerks Procurement Clerks Computer Operators Bioinformatics Technicians Explore Degree Options Associate of Arts with a concentration in Foundations of Business Bachelor of Science in Business...
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...Careers: Past, Present, and Future Worksheet Name: Write a brief statement for each of the following questions: * What past training have you received for any job that you have or have had? I have acquired different computer software training such as Peachtree and Quicken. I have also learned Meditech software for procurement to electronically procedure purchase orders. * What is your present job and why do you like or dislike it? My present job is working as a Buyer II in the Supply Chain Department. I like to the diversity in job tasks that I do on a daily, so I am not doing the same thing all the time but it is consistent of doing those tasks on a daily basis. It is very challenging and I learn new tasks on a daily basis. Also, I like that there is room for advancement and they believe in the well-being of their employees and their families. The thing that I dislike at this particular time is we just underwent a consolidation of the Procurement department so we are still fine tuning all processes but it will be stable after we work through all issues that arise * What degree are you working towards? Bachelor’s Degree in Business Administration and concentration in Project Management. * Your degree is leading to what career that you desire and why that particular career? Management/Director position in Supply Chain. This career is rewarding where I work to make sure that the hospitals serve their patients and provide the best...
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...“Careers in Accounting” Tony Gantt Prof: Arora Acc 100 Nov. 28, 2015 It is always hard to give the exact number of individuals who have majored in accounting, but one thing that I know is that the demography is very wide. This is because they have different reasons for majoring in this career path. The most common facts as to why all people choose this major is because accounting is a marketable career and they merely want to find a job. The number of people majoring in this field is growing large and the most important thing is to consider the main reason of joining this profession. Some people will claim that when they were in high school, this was their best subject and they loved it and so they will need to major in it. I believe the best reason for majoring in accounting is because it has wide varieties of career paths that one can major in. People should understand that this field is not all about debits and credits. It is more of a communicating languages in the world of business and this is why many chief executive officers hold a degree in this field. In the today life it is usually one of the most common undergraduate degree programs. The most important thing is to make certain that all of the people who are in this profession understand business and that is why many people who have ventured in accounting always have considerations for such posts. The most interesting part of this career choice is that most of the time the people who...
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...Career Comparison for Accountants and Financial Analysts Prepared for Sara Ray Prepared by Career Consultant June 16, 2013 LETTER OF TRANSMITTAL Sara Ray 123 Brookside Dr. Holbrook, NJ 75486-1256 June 21, 2013 Dear Sara, Here is the report you requested on June 1st for a comparison between of a career as an accountant and a financial analyst. Based off our conversation, we took your interests and previous work experience into consideration as we compared specific criteria between these two careers. While working for your previous employer as a junior accountant, you show your ability for detail and organization. An accountant must possess these skills as well as the ability to work independently. I also gathered from our conversation that you are not one to handle a tremendous amount of pressure well. As a financial analyst, this is a skill that is required. You could be faced with many deadlines that could be very stressful. Your education course of study was also included to compare to the education requirements of each career and even though there are many similarities between the two, there are many differences. For example, both careers require good written and oral comprehension but an accountant needs to have excellent mathematic skills and be able to choose the right formula to solve a problem. This skill is not as important as a financial analyst as is the ability to develop solutions to complex problems that need to be solved....
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...Career Opportunities in Accounting Christopher Trahan Accounting 100 Michael Kapral December 10, 2014 “Accounting consists of three basics activities, it identifies, records, and communicates the economics events of an organization to interested users.” (Weygandt, 2013, p. 4). The primary function of accounting is to record business transactions and provide financial reports for a variety of different business processes. There are many duties that fall under the accounting umbrella and many different career options available if accounting is the chosen field. Public accountants is one of the broadest fields that provide accounting, tax auditing and consulting services to a government corporation, nonprofits, and individuals. Many public accountants are Certified Public Accountants (CPA). They handle a broad range of duties from filling taxes for individuals and corporations in financial planning services. CPA duties are regulated under the American Institute of Certified Public Accountants (AICPA). “AICPA sets ethical standards for the profession and U.S. auditing standards for audits of private companies, non-profit organizations, federal, state and local governments.”(2014, November 30). They perform financial planning services for either an individual or a corporation, assist clients with a number of financial functions, including public accounting, assessment management, and tax planning services, risk assessment and management, financial compliance and performing...
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...Accounting Career When looking at a career that one might want to do, there are many options of what one could choose to do. One of the fields that many people go into is accounting. Accounting is a good choice to go into because there will always be a demand for an accountant in any business. “Employment for accountants and auditors is expected to grow by 13 percent through 2022, according to the U.S. Department of Labor.” (Careers in Accounting) Not only is there a demand in accounting, but it is also a field in which there is easy growth. An accountant can start in an entry level position and be able to move up to an executive level in the company. There are many different careers with an accounting degree because as an accountant you have many career choices and with the right amount of schooling and certificates you can move up in accounting. Accounting is a good career to go into because of the many options that are available, “Accounting is one of the largest professions in business today, with more than 100,000 accounting firms in the United States alone.” (Careers in Accounting). An accountant is required to keep track of either an individual or a company’s financial records; by preparing, analyzing and keeping the budget on track. An accountant has the responsibility to work with a business or an individual and help them understand and evaluate the money they spend and profits that can be made. An accountant needs to be able to give the business/individual...
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...Week 8 Assignment 1: Careers in Accounting Brandon Joseph Professor Darlene Green-Connor ACC: Acounting I August 22nd, 2015 The two career options I chose to highlight for someone with an accounting education were that of a management analyst and a financial manager. I chose these two positions for a numbers which I will explain later. Further in this paper, I will detail a local position with the Department of the Treasury as an auditor.The first career option that I will explore is that of a management analyst. The primary role of a management analyst is to search for organizational inefficiency and suggest ways to increase a businesses or organizations profitability. My primary reasons for choosing this position are the experience and education required, median wages in the public and private sectors, and job growth rate. The position requires a Bachelor's degree and being certified as a Certified Management Consultant (CMC) though the Institute of Management Consultants USA (IMC USA) can greatly increasing the viability of a job candidate. While management analyst isn't quite an entry-level position, it generally requires less than 5 years of experience to get into. The median pay for a management analyst position in the private sector is over twice the nation average at $78,600 according to the U.S. Bureau of Labor Statistics, Occupational Employment Statistics. The pay rate is slightly higher for federal employees, excluding the post office at $84,530 and is about...
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...Employment Opportunities in Accounting Kameka White Professor Benson Kariuki-Mwangi ACC 100 May 27, 2015 One question people most often ask themselves when making the choice to go to college is “What can I do with this degree?” Choosing the right degree program can lead to a lucrative career that feeds your imagination and allows your skills and creativity to flourish daily. Contrary to popular belief, an accounting degree can lead to more careers than just being an accountant. Career options vary within the accounting field. A degree in accounting can land you a position as a Financial Analyst for a major company or even a Tax Attorney. The options are actually limitless and are available across all industries. When Tax issued arise, the public will look to a Tax Attorney to help resolves those issues. Tax Attorneys are charged to stay up to date on tax laws as well as IRS regulations in order to give their clients advice and directions on what changes may affect their accounts and businesses. They are also charged with keeping accurate records in order to develop a working plan when it is necessary to resolve financial issues that may arise for their clientele. Tax attorneys must understand finance and accounting principles, researching and analyzing laws geared towards finance and as to be able to communicate and/or negotiate effectively with local, state and federal government entities. When looking for a Tax Attorney, a business wants to know that their affairs...
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...There many people, who have trouble choosing their career, some see it easy to choose. I have an ambition is to become a successful accountant and want to choose accounting field as my career path after graduation. In accounting field, a good knowledge in accounting, constant accuracy and working experience are important for a success. Traditionally, the accounting process involves record keeping recording, classifying, reporting, and interpreting economic events. While I was in high school, I focus on classes involving math and business. Few years ago, I was more than certain that becoming a business accounting major was what I wanted. My interest in business came from my family. There a lot of responsibility and application of high moral and ethical standards. First, while I was in high school, I focus on classes involving math and business. I was doing well in these courses gives me an indication of whether accounting is the right career for me. I spoke to my guidance counselor in high school about beginning a career in accounting field. My counselors can give me more information about accounting. I was interesting the facts she gave me. I believe that with the experience I've had in high school can help me get through a lot of challenges of being a business student. Second, my interest in business came from my family. Many in my family went to school for business and I'm here to follow. Naturally, if you love what you do, the money becomes less important. My family always...
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...The Role of Accounting on Business and Our Society Strayer University Professor Powell August 27, 2014 The Role of Accounting on Business and Our Society Anyone considering accounting needs to assess whether this career fits his or her interests, abilities, and aspirations. There are certain qualities and qualifications that a person should consider before making a commitment to a particular career field. Selecting a career can take a lot of time, and many people do not choose until they are adults. Contributing to the difficulty in choosing a career is the vast number of vocations from which to choose. The field of accounting alone covers dozens of types of accountants and dozens of jobs. In trying to decide whether accounting is an appropriate career choice, a person should talk with bookkeepers and accountants that have years of experience. Ask questions about their daily work requirements, their likes and dislikes about accounting, and how they became interested in the profession. Questions such as these can give a person insight into the profession and help in considering accounting as a career. Accounting is a system used to provide financial information about a business or person. Accountants prepare and analyze financial records for individuals, companies, governments, or other organizations. Accounting is a basic need for every business, and the term business has been broadened to mean any operation that deals with money. That includes families...
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...START YOUR CAREER IN ACCOUNTING For as long as civilization started engaging in trade, accounting has been around. Evidence of financial records exists from as early as the Greek and Roman Empire. As civilization developed, accounting became more complex as well. For centuries, accounting standards stayed fairly unchanged. However, in the past decade, the accounting industry experienced many changes. From the company scandals to big mergers, we have seen the world of accounting transform. Today, it is one of the largest growing industries in business. “The Bureau of Labor Statistics projects 15.7% employment growth rate for accountants between 2010 and 2020” (US News). This growth rate is higher than any other profession, which makes accounting an excellent career choice for BBA graduates. To get started on your career path in accounting, here is what you will need to know. RECENT TRENDS IN ACCOUNTING Accounting has a reputation of being boring, but recent events prove this statement wrong. This year is an exciting and challenging time in the industry as one can expect to see more changes as the industry redefines itself. New Auditing Regulations: As Rapoport states in his recent article, “the annual audit report is about to get an extreme makeover.” The Public Company Accounting Oversight Board plans to propose new rules that will require auditors to put more information in their report. Contrary to the current pass-fail system auditors use in their report...
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...Forensic Accounting in Practice Brittany Baskin Dr. John Theodore Contemporary Business November 18, 2012 When you think of the term forensics, what comes to mind? For younger readers CSI probably rings a bell, while the elder crowd would probably think of Quincy. Both TV shows glorified the acts of forensics in a medical sense. But a lesser-known form of forensics has been growing in use around the world. In light of recent accounting scandals throughout the world, investors and regulators have searched for various different methods to improve the safety of investors through more diligent accounting reporting practices. Until recently, detecting fraud was thought to be a part of the responsibility of the accountant. Fraud was something the internal or external auditors were expected to guard against by their periodic audits. We now know that auditors can only check for compliance of a company’s books to the Generally Accepted Accounting Principles (GAAPs) and to company policy; therefore, a new category of accounting had to be established, one which revealed the fraud for companies with suspected fraudulent transactions. This new area of accounting is known as forensic accounting. To fully understand the definition of forensic accounting, we can use parts of the definition of forensic medicine and accounting, both taken from Webster’s Dictionary, to produce a clear definition. Forensic medicine is a “science that deals with the relation and application...
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...Tax Accounting Career Path Intermediate Accounting II- Spring 2014 Submitted to Dr. Jeffery Hillard Dante Pennix Sr. April 21, 2014 My goal is to become a Certified Public Accountant while achieving the goal of owning a lucrative CPA firm. One of the great benefits of choosing tax accounting as a career is that you will always have a job when you graduate. Tax accountants and CPAs will always be in high demand as long as the globalizations of marketplaces continue to develop. Tax accountants also create tax strategies to reduce the amount of taxes a client owes while remaining compliant with GAAP and tax laws. The qualities of a tax accountant consist of begin able to be organized, competent, have an attention to detail, ethical, and most in important effective communications, both written and verbal. For example, common responsibilities for tax accountants include preparing and filing taxes, financial planning, completing continuing education credits, and researching and reviewing past tax filings. In summary, the career path of a tax accountant and CPA is very tedious and technical but overall, the journey is worthwhile. The reason why I elected tax accounting as a career path was because of the stability and longevity that it holds. Another reason I choose this career choice was for the challenging and gratifying work that it brings. Tax accounting is a specialized field because of the ever changing rules in the accounting arena as with new regulations and laws of the tax...
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