As An Accounting Major, It Is Kind Of Odd That This Is

Accounting is a product of many estimates and judgments. It is essentially a rear-view mirror, looking back at what has happened. To add to the problem the view changes with each new accounting period.

The purpose of accounting is to provide the information that needed to make sound economic decisions. It is one of the oldest professions in the world today, and the backbone of any business operation. It is not just about numbers, accounting is about planning. Accounting has many subfields, which includes management accounting, financial accounting, and cost accounting. Accounting can be a prestigious career, but to achieve that prestige you will have pass the CPA (Certified Public Accountant) exam and become a licensed accountant, and with that license you can work in any of the subfields.

II. Main Point #2. Contrary to popular belief, Accountants, and the tasks that they perform, are an important part of most people’s everyday life.

Describe at least two (2) career options someone with an accounting education can pursue. Be sure to reference sources such as the Bureau of Labor Statistics and the American Institute of Certified Public Accountants.

My interesting careers are Forensic Computer Science and Agriculture Inspector. However, my major is accounting. I do have thought of change my major, but I feel like getting through the accounting major is something that challenge myself. Another reason is that when I decided or put my hand on something I want to

I used to be the co-owner of an automotive repair facility, The Penn Garage, located downtown in Capital Hill on the corner of 13th and Ogden St. It certainly was not in my "plan", but when you marry a mechanic and you have the smarts to make it happen, you do. I had only paid medical and life insurance claims, as well as bookkept for a racing organization up until that point, but for some reason, I was really good at the business end of things. It just fit like a glove, and things were instinctual to me. I actually found that many of my friends that had accounting degrees, who would call me with questions on Quickbooks, made things way more complex than what the problem really was. They were over thinking the issue instead of taking the straight line to the answer.

When talking about accounting, the first thing we should know is the history of its development. Traditionally, the development is from inductive to deductive. Inductive theory assume what is done by the majority is the most appropriate practice. However, It did not seek to evaluate the logic or merit of

I don’t hate accounting, but I also don’t like it. The assignments for accounting are annoying when I don’t understand it because I don’t like doing things I don’t understand doing. But I have gotten used to doing the assignments but sometimes still need help.

Accounting can be considered one of the hardest fields to take on in a college setting. There are many equations, theories, and rules one must follow. Accounting is most known for the “language of business”(AICPA). Accounting can tell you any information that you want to know about an industry. It is important to any company that an individual is running, so many become accountants. Every accountant strives to obtain their CPA however some don’t know the cost of doing so. Even if one does not obtain their CPA there are opportunities that are offered with just a degree. The time and effort going into your CPA is so immense. If an individual does pass the exam there are many opportunities that she/he has after obtaining their CPA. CPAs can

What draws me into the field of accountancy? Why do I want to launch a career as a certified public accountant (CPA)? What is there about numbers, spreadsheets, profit and loss statements, audits, inventory and fiduciary responsibility that appeal me? In this paper I will describe in detail the reasons why I am attracted to this field. Also, what are the duties and responsibilities of a CPA? How available are job openings for a person with the education and experience to work as a CPA? How well to companies compensate those hired as CPAs? These questions and issues will be thoroughly reviewed in this paper.

HBO was a professional stepping stone for me, and I was fortunate enough to work alongside some of the best and brightest individuals I had ever met. The Controller was my manager, subsequently becoming my mentor, guiding me and teaching, allowing me to truly acquire a full in depth understanding of accounting principles and practices. In reviewing not just my own work, but the work submitted by multiple other departments, allowed me to analyze and determine what I wanted my career path’s natural progression to be. The fact that I was working along various C-level executives, granted me the possibility to move from jr. accountant to executive assistant, a position that required the detail oriented skills of accounting, along with the high regard for confidentiality, organization, and soft skills that came easy to me.

Accounting is the language of business. It is a profession that is being guided by principles, concepts, conventions, laws, etc. All these fundamental building blocks serve as common and general compasses to all practitioners of the profession. In some cases, they are nation-wide tailored, while in other cases, they are universally tailored. Accounting as a living, practical, dynamic and realistic profession covers so many areas of social, economic (business), and governmental activities. Surely, any endeavour that involves monetary and material activities create a room for the services of Accounting. Many of the human endeavours for which the accounting profession plays significant (some times inevitable) roles include; Banking, Insurance, Manufacturing, Farming Contracting, Oil and Gas, Mining, Transportation (Air, Land and Sea), Educational Institutions, Churches, Ministries, ICT, Hire Purchase, Local Government Authorities, Estate Businesses, Export and Import Businesses, Bill of Exchange Transactions, Royalties Transactions, Consignment Transactions, Stock Market Transactions, Sports, Entertainment, Hospitals and Hospitality Industry, etc.

Accounting, often called “the language of business”, is an industry that provides valuable services not only for businesses, but also for individuals. Accountants and auditors look over and analyze financial statements, prepare assessments, and ensure the numbers they work with are accurate and in accordance with governmental regulations. Although not the most exciting profession, current demand for accountants is high. According to Forbes, 61.2 percent of recent college graduates with degrees in accounting receive a job offer shortly after graduating ("Accountants and Auditors").

Accounting professionals are in very high demand. The nature of work in accounting is so vast an individual would have so many different areas of accounting to choose from. Accounting requires people who can work with complex business structures, computer systems, and financial analysis packages. Accounting work further requires an aptitude for mathematics and the ability to compare and analyze accounting data quickly. Accountants also need to have strong communication skills as they must effectively communicate accounting data to their employers and/or clients. The accounting profession also demands a high level of integrity and morality because the financial data prepared by accountants is used by business managers to run their

Accounting is generally intended to show a correlation between all financial aspects of business transactions. (Neil Kokemuller). It runs the risk of counting money earned but not collected when company records revenue from sales paid for with credit. The likelihood of this risk is adjusted by the bad-debt allowance. Misalignment between revenues earned in one period and the unpaid debt that result later on would happen due to the failure to use bad-debt allowance. Significant cuts to revenue in later period would happen in the company.