The Compensation of Professionals in Accounting

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.

Many young students want to pursue a career in accounting but are still wondering whether the possibility of matching this job or not. In general, the accounting industry is considered the industry that many students including myself choose and study. Graduate, students easily find a job and have a steady income. Not only easy to find a job and a stable income, I began to choose accounting because of the peculiarity quite "comfortable" of the industry: not too demanding, picky, I just have to like working with the numbers and skills required when working with numbers. Since accounting is an indispensable part of all companies and organizations, so this is one of the best craft unemployment negligent that I want to purse.

Accounting is the study of how businesses track their income and assets over time. Accountants engage in a wide variety of activities besides preparing financial statements and recording business transactions. These activities include computing costs and efficiency gains from new technologies, participating in strategies for mergers and acquisitions, quality management, developing and using information systems to track financial

One of the most misunderstood job positions in the United States is accounting. Accounting is often described as a dull job that requires a mastery in crunching numbers. Despite accountings misconceptions, it is often considered one of the most satisfying jobs. One particular accounting title, Certified Public Accountant (CPA), is one of the most popular qualifications accountants seek out. To organize and represent CPAs, the American Institute of CPAs (AICPA) was formed. Today, AICPA is informing the public about accounting and uses the slogan “Start Here, Go Places.”

Being an accountant not only involves measuring financial information and communicating to others, which constitutes making financial statements and their accompanying notes, but many routine professional tasks require an accountant to exercise writing skills.

She recommends if you are looking for a prestigious career with great growth potential to match your luxurious lifestyle, accounting is the discipline to take you there. If it's a respected and highly recognized field, accounting is the clear path to

Rachel points out that her personality is slow motion, but she have the ability to focusing on task for long time; her bachelor degree was in social media, due to the job market she was unable to find the job that fits her, so she goes back to UTD and try the accountant. However, the more she learned accounting she fail in love with it more. Although, Rachel warns me while working in the daily base accounting job, team work is very important part of the job because in the big corporation there is many cash flow and transaction to record, to keep track the money, accountant job needs every team work to be focusing on their job. Because when the audit comes in the tax season, too many mistake on the financial report can cost companies in trouble. On the other hand, no one wants to be the responsibility for money lose in the company. (Personal communication, February 28, 2016) which makes me think accounting job is heavy responsibility job for the company finance report, is not an easy job like I used to

My business experiences have helped me decide why I wanted to pursue a degree in accounting. At a young age, I have always had an interest in math and the way money works in the economy. Being able to speak Spanish and English has also shaped my interests in the business industry.

There is no truer saying than that money makes the world go ‘round. Money is an essential factor for both the individual and the community. Money is the thing that decides whether a person is successful or not. Money is power, and accountants are those who are responsible for determining an organisations financial stability and overall wealth, and it is them who lay the foundation upon which minor and major decisions for an organisation can be made. I have not chosen this career path from my avarice, I simply wish to be one of these people. Someone who is essential to any economy, in any business, anywhere.

Early or late, everyone has to start his vocational life. Its an important event of life because then after an entirely new world starts – THE WORLD OF WORK. Many courses are available for simple and common vocations which do not require any special skill. Anyone can do them. But …………. TO BE DIFFERENT IS TO BE RENOWNED……… So if one really wants to do something challenging and diversified, then Chartered Accountancy is the most dignified profession.

Accounting skills will influence my role with any organization by learning the skills and understanding them and learning how to apply them. Some of them are, Organization. Organization is very important to accountants they manage a lot of responsibility, which basically is saying they are always very busy. So if you want to be a good accountant and manager a person needs to stay vicus on the task they may be working on such as any portfolios like your manage the transactions that are being handle, and the deadlines that need to be made.

When starting a path towards an accounting career there are many options one has that reflect the level of pay. Salary ranges in accounting fluctuate very much with the level of education, how large the business firm is and the level of certification. An advantage of being an accountant is the opportunity to be promoted throughout the career. Beginning an accounting career starts with what people want out of their lives and how much work they’re willing to put into becoming a high value accountant. Accounting has began to be highly demanded in the recent years which opens up jobs, increased salaries and ample opportunities for prestige and promotion throughout a successful accounting career, specifically certified public accountants.

In the future, I wish to further my studies by gaining my master in Finance. In addition, it is my utmost desire to work in the Banking Sector either as an Accountant or a Financial Analyst. The purpose of this paper is to analyze the Accounting and Financial Career. Which one pays better? The skills of Each Career, The growth of each career and the work – life balance of an Accounting and Financial Career.

For the foreseeable future, individuals and businesses still need CPAs and accountants to prepare and file tax. Companies still require audits. The consulting and advisory services many accountants specialize in will continue to be in demand.If everyone, seemingly, needs an accountant, then the industry hasn’t suffered . . . has it?

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