To help develop a better understanding of Hira’s interest in accounting, information was gathered about this occupation. Specifically, the career counseling library resources were used to research more about the accounting field and an informational interview was conducted to learn more about this occupation from a professional accountant. In this paper, results of the search and the information gathered from the informational interview will be discussed. The aim of this paper is to provide and present this information to Hira, to help her decide whether she would like to further explore the field accounting herself.
Nature of Work
According to the Occupational Outlook Handbook, accountants prepare and examine financial records. They confirm …show more content…
Accountants also are responsible for developing, implementing, modifying, and documenting recordkeeping and accounting systems using the current computer technology and programs available. Further, accountants computes taxes owed and prepares tax returns, ensuring compliance with payment, reporting, or other tax requirements. Accountants also maintains or examines the records of government agencies. They play the role of an advisor by advising their clients in areas of compensation, employee healthcare benefits, the design of accosting or data processing systems, or long-range tax or estate plans. They also provide advice to management about issues like resource utilization, tax strategies, and any assumptions underlying budget forecasts. Accountants also develops, maintains, and analyzes budgets, preparing periodic reports that compare budgeted cost to client’s actual costs. Accountants also provide internal and external auditing services for business or individual clients. Further, they analyze business operations, trends, costs, revenues, financial commitments, and other obligations to project …show more content…
According to O*Net OnLine, 79% of accountants have a bachelor’s degree, 5% have and associates degree, and 5% have a master’s degree. According to City Town Info, an accountant should start their accounting educational training as early as high school by taking courses in mathematics, computer or IT training, or business. Then City Town Info the recommends that an individuals interested in the field of accounting earn a bachelor’s degree in accounting or a related field and take extra courses to become a Certified Public Accountants or CPA. Next, City Town Info recommends to get licensed as a CPA. A CPA certification is required of all accountants that will be filing reports with the Securities and Exchange Commission. Next, City Town Info suggests applying for an auditing certification if one would like to practice both accounting and auditing. Lastly, City Town Info suggests completing a Master’s in Business Administration or MBA in accounting or