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In every business, accurate financial planning is the ladder to success. With the growth of globalization and recent financial rumors, demand for honest accountants has increased. Experts with careers in accounting perform a wide range of auditing, tax related activities for their clients, which could be for a nonprofit firm, corporations, governments or individuals. They prepare, examine and maintain financial records for their organizations. Accountants are backbone of every enterprise.
Constant changes in technology have upgraded the nature of task for most of the careers in accounts field. Hectic manual tasks are reduced to a great extent. Special accounting software makes it possible to have a summary of financial transactions for detailed analysis in a standard and universally accepted format. Auditors and accountants manage data and records in flexible manner with the help of computers.
Accounting Degree holders with comprehensive computer talent specialize in problem solving techniques with aid of ready software used to solve financial issues. You must have a passion for numeral values calculations and strong skills of accounts with a sound knowledge of using computer-aided software packages for book-keeping.
Bureau of Labor Statistics (BLS) Department of US quotes average annual wage in accounting majors as $70,130 through year 2011. An earning of Best-paid 10% was approximately $109,870 and Wages of Lowest-Paid was estimated $39,640.
As per BLS, Highest-paying salary for an accountant could be provided in following sectors:
Responsibilities vary a lot among the four major types of accountants:
As per BLS, the prospect for graduates of usual and online accounting degree programs may be tremendous. To qualify for most of the positions, you might require at least a bachelor’s level score in a related field. Overall, employment outlook might be good for graduate accountants having prior work experience in related field.
On-campus and Online accounting degree programs are given by Universities and Colleges. Several universities and colleges offer a 5-year combined bachelor’s and master’s degree. For earning a highest grade, you must have a certification of CPA. To become a Certified Public Accountant (CPA), you must earn a bachelor’s degree in accounting as well as pass four-part AICPA certification exam. Major Degree levels in Accounting are as listed below:
Projected report of Labor Statistics states 22 percent employment growth for accountants till year 2018. The estimated number of jobs that might increase is 190,700.On-Campus and Online Doctorate Degrees in Accounting might help in achieving the highest position to build a Career in Chartered Accountancy.