Accounting a career field that will always be in existence. A career is also ever evolving and changing. The career has many different types of accounting so there are bound to be a place that is perfect for you. If you enjoy dealing with numbers then the accounting career is perfect for you. You be continuously working with numbers no matter what field of accounting you select. You will find it a fulfilling career that will have many benefits as well as a highly rewarding career.
The three top major careers in accounting are public accounting, private accounting, and government accounting. They all share the accounting characteristics yet each is a specialized division with different procedures and rules to follow for each method.
The salary range for accountants range from $20,000 to $100,000. Yet the extended jobs within the accounting field can pay much higher. Those fields include a Controller or Comptroller, and CFO or Chief Financial Officer. They have the responsibility of overseeing the fiscal duties of the company.
Based on the experience the salary will continue to increase. The CPA or Certified Public Accountant earns much more each year. Most CPAs belong to an accounting firm or have a private practice that earns them higher incomes. They provide essential services to many aspects of a business including the yearend accounting and even the payroll services for a business. They prepare the financial tax returns and even audit the business’s activities throughout the year.
It is a very detailed profession so it takes time and dedication to be an accountant. The need to be aware of details with different areas of the accounting and bookkeeping functions is necessary. This career does have special qualifications to reach the CPA status such as a four-year college degree, working in the public accounting sector, and passing a state provided test.
The CPA is required by various state laws, which do vary state-to-state, continued education so they are able to stay current on all the accounting laws and requirements. It is a highly respected profession with many organizations and affiliations to help each individual continue to grow within the industry.
The accounting field has other degrees other than the CPA level, known as a bookkeeper. This position does not have the same qualifications, duties, or responsibilities. The bookkeeper is responsible for the day-to-day accounting functions for businesses. The bookkeeper can be involved in the payroll functions of the business or they can be strictly the accounting functions. Usually the bookkeeper does process the payroll and is responsible for paying the payroll taxes.
Whether deciding to be a CPA or a bookkeeper, it will take at least a two-year degree. Most bookkeepers have a four-year degree but decided not to pursue the CPA degree.
If you enjoy numbers and working with different detailed paperwork, then accounting is a career you will enjoy.
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