Premium Essay

Job Opportunities for Accounting Graduate

In:

Submitted By shycheya
Words 712
Pages 3
Accounting is the process or work of keeping financial accounts. Logic and attention to detail are involved in accounting. This profession mostly uses left-brain thinking which is about numbers and the practical application of numbers. If you want to be an accountant, it is no big surprise that you should have a knack for numbers. According to Taylor (2010), as a certified public accountant, or CPA, you will be in charged of reviewing and analyzing the financial information of clients’ companies for auditing, taxpaying, or advisory purposes. The diversity of the accounting profession makes it easier for accounting graduates to find and fill a job. Accounting graduates will not run out of job opportunity. In fact, accounting graduates have many opportunities in the job market such as as accountants, budget analysts, forensic accountants and auditors.

First, the most popular job opportunity for accounting graduates is as accountants. Accountants check financial accounts. They can work in the private or government sector. Their scope of work includes working in accounts payable, receivable or general ledger. They also perform reconciliations and analysis. This profession can be divided into three major fields. The first field is public accountants who focus on auditing and tax functions. The second field is management accountants. They work in companies and contribute to decisions making on capital budgeting and business analysis. The last field is financial accountants. The information from general ledgers will be drawn by them to prepare financial statements. Nguyen (2011) states that financial accountants are generally more active than the typical accountants. They get to travel a lot and are given many opportunities to expand their expertise. Second, accounting graduates may choose to be budget analysts. Budget analysts develop and manage organization’s

Similar Documents

Premium Essay

Accounting

...Career Path for Accounting Studies It is always so hard to give the exact number of people who have majored in accounting, but one thing that I know is that the demography is very wide and large. This is because they have different reasons for majoring in this career path. The most common reason to all people 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 immensely 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 path that one can major in. People should understand that this field is not all about debits and credits. It is more of a communicating language in the world of business and this is why many chief executive officers hold a degree in this field. In the day 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 venture into it will always have the best job positions waiting for them because...

Words: 2567 - Pages: 11

Premium Essay

Thesis

...FAR EASTERN UNIVERSITY Nicanor Reyes St., Sampaloc Manila Job Opportunities for Internal Auditing Graduates A Research Paper Presented to the Institute of Accounts, Business & Finance Proponents: Ballan, Mary Jane M. Bautista, Dennis V. Burce, Jayraldine D. Culaton, Mary Joy C. Dacillo, Jessmin P. (Leader) Maquinano, Jem Karol R. Ortiz, Maribel G. Quiros, Marco M. Reyes, Angela M. Palencia, Alfred Foster M. Pascual, Karl Alexis M. Villanueva, Christian Paul M. In Partial Fulfillment Of the Requirement for the Degree of Bachelor of Science in Business Administration Major in Internal Auditing Dr. FE R. OCHOTORENA, CPA Adviser First Semester Academic Year 2014-2015 Job Opportunities for Internal Auditing Graduates AIA0807/Group 3 Abstract Internal auditing helps the organization to achieve its future goals by improving the business process of the organizations. The purpose of this study is to determine the job opportunities of Internal Auditing graduates. This study used the descriptive method of research and used non-probability sampling technique specifically stratified random sampling. This study revealed that job opportunities for the Internal Auditing graduates are rising in foreign companies particularly for the positions of Junior Internal Auditors given that Internal Auditing is designed to add value by helping organizations achieve its objectives. We conclude that many companies are already appreciating the importance of internal auditing function...

Words: 4735 - Pages: 19

Premium Essay

Paper

...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...

Words: 721 - Pages: 3

Free Essay

Reflection Skill

...March 2016 After being oriented and explained about the potential job in the future after graduation by a lot of big firms such as Ferrier Hodgson, Deloitte, Commonwealth bank, EY and so many on. As far as I am thinking about, Ferrier Hodgson is my most desirable corporation I would like to work for most in the future. Ferrier Hodgson is a big accounting company and industry specialist. It is also well known by high profile of administration of formal insolvency appointments. Furthermore, it provides corporate advisory, corporate recovery, forensic accounting and IT, and Management consulting etc. In the week 4 seminar, the industry partner representatives had introduced his company’s background. The outstanding component of Ferrier Hodgson is its facilitated work environment through its vacationer program which give graduate opportunities. The program is a good way to give graduates an understanding of the variety of work at Ferrier Hodgson. It also provides worthful experience for people who want to experience jobs outside of mainstream accounting. Furthermore, the graduates will have the opportunities to experience the type of work Ferrier Hodgson does and gets exposure to its clients via different projects and challenging. In addition, the company provide supportive and open culture, social events/functions to perfect the graduates’ skills. The most concerning about my future career is about accounting area at Ferrier Hodgson. Thus, the role of an accountant presented...

Words: 743 - Pages: 3

Premium Essay

Bus 309

...“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...

Words: 1099 - Pages: 5

Premium Essay

Factors Influencing Career Choice of Bsa Students in Adamson University

...Beleno Adamson University Abstract The need for accounting graduates continually grows in this decade. The US Bureau of Statistics projected that there will be a 15.7% increase in the number of accounting jobs between 2010 and 2020. This increase in demand gives the importance to study and understand the factors that motivate and encourage students to take up Bachelor of Science in Accountancy as their college course, so that quality graduates will meet the demand in the field of accounting profession. This paper also helps high school teachers, parents and guidance counselors on how they can influence students to take up BS Accountancy in their tertiary level. On the other hand, it also informs the students on the advantages of being accountancy major and an accountant in the future. Factors Affecting Students’ Choice of Bachelor of Science in Accountancy as Major A Review of Related Literature and Studies Accounting as defined by Webster is the system of recording and summarizing business and financial transactions and analyzing, verifying and reporting the results. On the other hand, Accountancy is the profession or practice of accounting. Bachelor of Science in Accountancy prepares students for careers in accounting firms, financial institutions, public sectors, and financial departments of companies. It is an in demand course since there is an upward trend and opportunities to accountancy graduates and these graduates are expected to experience much faster employment...

Words: 2643 - Pages: 11

Premium Essay

Accountancy as an in Demand Course

...Bachelor of Science in Accountancy in De La Salle Lipa. In this research paper, the being in demand of the course and the effect of having job opportunities after graduating in college in the career choice of the students, the difficult situations they face, how they deal with them and their expectations of their career were being studied. This was done with the use of qualitative method. The researchers interviewed twenty-two (22) Accountancy students about their perceptions on their course. They summarized and concluded their answers to obtain the needed results and they found out that career opportunities really matter in choosing a course because the Accountancy students considered their future in doing this. Though they faced challenges in taking their course, they did their utmost to overcome these and obtain their wanted profession. In addition, they expected to have a good job in the future through this career. This paper further concluded that the students were motivated to study harder and to perform better despite of the difficult situations because of the nice future that was waiting for them and because of their high expectations of their course. Bachelor of Science in Accountancy as an in Demand Course in De La Salle Lipa Bachelor of Science in Accountancy (BSA) is a degree program chosen by students who aspire to practice accounting as their profession. In De La Salle Lipa (DLSL), a student taking this is expected to be a responsible one. The reason behind this is...

Words: 4987 - Pages: 20

Premium Essay

Accounting Essay

...Scholarship Programs Essay “How do you believe that a Keller Graduate School of Management degree curriculum, integrated with Becker CPA review methodology will help you to succeed and meet your career goals?” Domanique Sylvester Keller Graduate School of Management August 31, 2010 I obtained a degree in business administration from DeVry Institute of Technology in June 2002. Over the last five years, I have worked in the finance industry as a Mortgage Loan Originator for one of the largest financial companies in Georgia. My bachelor’s degree equipped me the necessary knowledge and skills to run any business entity. Combining these with my entrepreneurial skills, I was able to start my own income tax company. Keller Graduate School of Management will allow me to obtain my Master of Accounting degree and at the same time prepare me for the CPA exam. With Keller offering both Accounting degree courses and an opportunity to prepare for the CPA exams through the Becker CPA review methodology. I am confident that my enrollment at Keller Graduate will make me achieve my dream. However, I am striving to further my business knowledge and skills to become a Certified Public Accountant for a Fortune 500 company and the same time open more income tax branches. I believe that enrolling for the CPA exam at Becker will thus advance my business capability to propelling me to attain my desire of employing more people, and travel from business to business educating individuals about...

Words: 564 - Pages: 3

Premium Essay

Internship

...ANALYSIS OF CHARACTERISTICS ASSOCIATED WITH ACCOUNTING INTERNSHIPS James H. Thompson Associate Professor of Accounting Central Washington University 2400 S. 240th Street, Des Moines, WA 98198, USA. Phone: 206-439-3800 x3839 E-mail: jht@cwu.edu Abstract Internships are a popular element used to enhance accounting education. Although previous studies have considered internships, many have addressed enhancement of subsequent academic and professional performance. The purpose of this paper is broader and examines several characteristics of accounting internships: the frequency of participation, eligibility requirements, process for securing internships, level of participation, availability and amount of academic credit, area of assignments, nature of post-internship requirements, and benefits to students. Two random samples, one in 1998 and one in 2003, of 100 accounting programs were analyzed in the study. For each program selected, the survey was mailed to accounting program administrators. Responses were collected by fax. The results of this study should be of interest to accounting students, faculty program administrators, and practitioners. Gaining real-life knowledge of accounting tasks and obtaining insight regarding career planning were the two most important benefits identified. Future research should consider the perceptions of accounting students and practitioners. Introduction Internships are a popular element of accounting education. Supervised practical experience...

Words: 8932 - Pages: 36

Premium Essay

Argument Essay

...I’m stuck! That is the simple explanation for wanting to pursue an MBA degree. I received my undergraduate degree in accounting and since graduating I have gained eight years of experience within the accounting and finance industry. Within this industry I have financial accounting experience and experience in financial analysis from working at a CPA firm, the public sector for the State of Alabama, a mid-sized insurance company headquartered here in Montgomery, AL, and now within the banking industry. With the exception of the CPA firm where I started out as entry-level, all of these places of employment I am and was a mid-level employee, where I am now stuck. To move out of the mid-level hole and into a position of management or at least a senior-level position within my current organization, an MBA is a requirement. Also, in today’s economic climate an MBA degree also creates a level of job security. An MBA degree lets people know that you have an increased knowledge of business acumen, which, therefore makes you a valuable asset to your company or organization. An MBA opens the doors of opportunity, such as being considered for advancement within my current organization, a position of higher pay and status with another company or laying the foundation to be a successful entrepreneur. Through my experience I have only worked in one environment in which an MBA degree wasn’t a requirement for advancement. As a staff accountant for the State of Alabama, they have a...

Words: 1191 - Pages: 5

Premium Essay

Statement of Objective

...Goal: Seek to grow in the field of accounting by gaining knowledge of the ongoing changes in the accounting environment. The master’s course in accounting shall further help me reach my goal to become a CPA. Statement of objective: After more than 6 year's full time work experience in the field of accounting with various reputed firms like XYZ, ABC, PQR and a little over 2 years of volunteering experience with a CPA firm in accounting, I want to return to academic study and undertake graduate studies in masters of accountancy to broaden my scope in this field. After graduating with a first class degree in Masters of Accounting from University of XX, I felt I should gain some practical experience working in an accounting environment to gain first-hand knowledge. I have loved every minute of my work: especially the opportunity to participate in projects involving fund accounting for new product and discuss solutions with the verticals across the department in different parts of the world. I soon realized that, although I enjoy handling the complex projects involving new products, I am not going to be satisfied with carrying out routine procedures under the direction of others. I want to be part of the team that directs the course of the project. My senior colleagues have encouraged my ambition and feel that I have the potential for continuing my graduate studies. My love for accounting started during high school. My dad who was an accountant inspired me and it was he who helped...

Words: 654 - Pages: 3

Free Essay

Sfsf

...Graduate Programme Mercer: http://careers.uk.mercer.com/graduates/graduate-jobs/ Insurance Factset: http://www.factset.com/careers IT & Telecommunication Amazon: http://www.amazon.jobs/team-category/university-recruiting Retail, Marketing Accenture: https://www.accenture.com/gb-en/careers/graduates Consulting & strategy, IT & Telecommunication Jefferies: http://www.jefferies.com/Careers/Campus-Recruiting/2cr/826 banking Atos: http://uk.atos.net/en-uk/home/careers/graduates.html IT & Telecommunication Brand2life: http://brands2life.com/views/brands2life-15-week-paid-internship/?refresh=true Marketing & PR Baker&Mckenzie: http://uk-graduates.bakermckenzie.com/ Legal Mazars: http://www.mazars.co.uk/Home/Join-our-teams/Graduate-careers Accounting & finance GE: http://www.ge.com/uk/careers/university-students Aerospace, engineering, manufacturing CGI: http://www.cgi-group.co.uk/careers IT & Telecommunication Nomura: http://www.cgi-group.co.uk/careers Accounting & Finance Cyber-duck: https://www.cyber-duck.co.uk/insights/this-week-at-cyber-duck-22/ Information Tech Mott-macdonald : https://www.mottmac.com/careers/graduate/ Civil and structural engineering, construction and building service Prop Studios: http://www.propstudios.co.uk/#!newsletter-mailing-list/c1i3r architecture and Design Tk maxx: http://www.tkmaxx.com/content/ebiz/tkmaxx/resources/careers/graduate-scheme/index.htm retail Space property group: http://spacesproperty...

Words: 285 - Pages: 2

Free Essay

Memo Letter

...Ron Rickles Deloitte LLP 100 Kimball Drive Parsippany, NJ 07054 Dear Mr. Rickles: The Accounting Club is organized to bring together students interested in the Accounting Profession in a social and academic atmosphere, and is designed to aid their personal and professional development. This is an organization of Kean University, where I have the honor of being the president. As president of TAC, one of my main concerns is the job opportunities for Kean’s students. Kean recently has crossed by certain issues that should not affect to the students, even though these affect to the institution directly. Let me tell you more about this institution, in Kean University, there are many professors who have an excellent background, take care of the students, and they are doing their best to convey all their knowledge. Also Kean’s students work and study hard at the same time, because they are looking for a better future. When they will graduate, they will be looking for opportunities in places like your accounting firm. 0 Moreover, many students have told me about their plans to apply to Deloitte, because it is considered an important accounting firm, and the perfect place where a graduate can start a brilliant career. I will really appreciate that you consider their applications, because Kean students have much to give. Furthermore, I would like that you have the opportunity to meet Kean’s students, and I want to let you know that TAC’s annual symposium will take place...

Words: 279 - Pages: 2

Premium Essay

Cpa V Cma

...Choosing a career as a certified accountant has become more complicated –that is choosing between becoming a CPA or a CMA. Never the less, receiving a certification in either of these two has the benefits of a higher salary, greater job opportunities and the chance of getting paid for your talent. Moreover, both Certified Public Accountant (CPA) and Certified Management Accountant (CMA) designations are highly recognized certifications in the accounting profession, but each has its distinct set of duties. Moreover, even though most people think that CPA is more prestigious than CMA, but CMA is more practical than CPA. Based on this variation, if one may decide to have both certifications, you have the better of the two worlds. Furthermore, there are many differences between CPA’S and CMA’s. Below are some of the differences discussed in paragraphs. CPA, which stands for Certified Public Accountant, is the more popular certification between the two. “It is also the most widely accepted and accredited certification for an accountant”( Harden, G ,2008 ) . Moreover, according to bureau of labor statistic, CPAs mostly handles tasks such as auditing, taxes, and preparing financial statements to ensure that an individual or company is able to meet the legal financial requirements mandated by local government agencies. CMA, on the other hand, stands for Certified Management Accountant. Accountants that receive this certification are more concern with handling responsibilities pertaining...

Words: 1398 - Pages: 6

Premium Essay

Homework

...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 with a Concentration in E-Business Associate of Arts with a concentration in Accounting Page 1 866.766.0766 | phoenix.edu Desktop Publishers Business and Financial Operations Explore Jobs Loan Officers Equal Opportunity Representatives and Officers Personal Financial Advisors Credit Analysts Insurance Underwriters Loan Counselors Tax Examiners and Collectors, and Revenue Agents...

Words: 1036 - Pages: 5