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Careers in Accounting

Sep 1, 2012

Jobs for students with an accounting degree can range from accountant, bookkeeper, payroll administrator, auditor and financial analyst. If you like to work with numbers, prefer things organized, and want to work in the business world then a career in accounting can satisfy all these requirements.

What is a Bachelor of Accounting?

A Bachelor’s Degree in Accounting prepares you for a career as an accountant or auditor. Accountants and auditors work with financial documents that they prepare or examine. The job of an accountant is to see if the documents are accurate and represent accurately the financial situation of a business entity. The records and documents that the accountant produces is critical to the decision making and operation of a company.

What are the education requirements?

Education for an accountant or auditor requires at least a bachelors degree in accounting. It is possible to also go further in your education and work toward a masters degree in accounting. Some employers require the higher degree when specialize accounting jobs are needed.

What are the wages for an accountant?

The median salary for accountants was $61,690 in 2010, according to the Bureau of Labor Statistics. The pay range starts at $38,940 and the top 10 percent earned more than $106,880. Accountant jobs are full 40 hour work weeks and during certain time of the year, like tax time and end of year accounting, there can be longer hours.

What are the job outlooks for accountants?

According to the Bureau of Labor Statistics, accountant jobs are expected to grow 16 percent from 2010 to 2020. Because the recent financial problems in the country, the need for accountants will be increasing because of stricter laws and regulations in the financial sector. In the banking sector, more accountants will be needed to also help in new tighter rules for lending and credit.

Accountants who have earned certification as Certified Public Accountants (CPA) will have the best prospects of employment. Also applicants who have achieved master's degrees in accounting will have an advantage.

Got further questions? Catch me on twitter and DM me @529SavingsPlans or e-mail me at 529CollegePlans at Gmail.comWant to be heard? Leave a reader comment below.

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