NATURE AND WORK:

The duties of an accountant include preparing and examining financial records. However, accountants ensure that financial records are accurate and that taxes are paid on time. Accountants study financial patterns of businesses to ensure that businesses and organizations will run efficiently.

Training, Qualifications and Advancement

Education required for this job is a bachelor’s degree at a minimum. Some employers even require applicants who have a master’s degree in accounting or business administrations with concentration in accounting. Qualifications required to be an accountant include filing a report with the Securities and Exchange Commissions (SEC), this is required to be a Certified Public Account (CPA), who can also file taxes for individuals and help them with their financial needs. Many individuals who choose to be an accountant choose to become a CPA. Some employers will pay for their employees to receive this recognition. Advancements for accountants include many opportunities. For examples, individuals who choose to be an accountant could own their own accounting firm, become an accounting manager in the business they work for, become a Chief Financial Officer, and many more opportunities for advancements for the individuals who choose to go in the accounting field.

Job Outlook

The possibilities of this job are high. The percent change in accountants and auditors are predicted to rise 11% in the 10-year period between 2014-2024. The need for this job is huge, as more businesses are created, and as current business increase. Nearly all businesses need an accountant to look over their spending as well as their taxes, to ensure that they are not in the red.

Projections Data

As previously mentioned, the projections data predict that the job needs of accountants and auditors will increase 11 percent in a 10-year time period, between the years of 2014-2024.

Earnings

The earnings for this job vary. Conditions that would make the earnings vary include what firm does an individual work for, what achievements and certifications the accountant has, and also if the accountant works for themselves, their own firm, etc. However, the median wages for accountants and auditors range about 67,190 a year, as of May 2015.

Related Occupations

Below is a list of jobs related to Accounting/ Auditing:

• Financial Specialist

• Bookkeeping

• Payroll services