150 research paper
Career options in Accounting
Choosing a lifelong career is very important. It is also important to choose the right career for you. Many people find themselves in a career that they do not enjoy. Working in an enjoyable career field will help you gain the will-power to continue your education and to excel. A career in accounting is a great example of a rewarding career option. The accounting field has growing career options and the demand for an accounting professional is everywhere. Please reference to table one as it shows the growth trend for accounting degrees awarded. Now is a great time to join the accounting field. Three careers that that showcase the accounting field include CPA (Certified Public Accountant), Budget Analyst, and a Tax accountant.
Table 1 (Scott, 2013)
Certified Public Accountant
A career option you could choose is a Certified Public Accountant or CPA. This career option has many responsibilities. The first of them being financial planning and consulting. CPAs should be proficient in providing clients with personal financial consulting and provide detailed financial plans. Personal financial planning usually encompasses one or more of the following activities: cash flow planning, risk management and insurance planning, retirement planning, investment planning; estate, gift, and wealth transfer planning; Elder planning, charitable planning, education planning, and tax planning (American Institute of CPAs [AICPA], 2014, para. 4). Certified Public Accountants are also responsible for maintaining ethical codes of conduct. This requires that all CPAs act with integrity, objectivity, due care, competency, full disclosure of conflicts and interest, maintain client confidentiality, and serve the public interest when providing financial services (AICPA, 2014, para. 3). In addition to responsibilities CPAs have numerous tasks they must also provide. These tasks include, identifying financial goals and
Choosing a lifelong career is very important. It is also important to choose the right career for you. Many people find themselves in a career that they do not enjoy. Working in an enjoyable career field will help you gain the will-power to continue your education and to excel. A career in accounting is a great example of a rewarding career option. The accounting field has growing career options and the demand for an accounting professional is everywhere. Please reference to table one as it shows the growth trend for accounting degrees awarded. Now is a great time to join the accounting field. Three careers that that showcase the accounting field include CPA (Certified Public Accountant), Budget Analyst, and a Tax accountant.
Table 1 (Scott, 2013)
Certified Public Accountant
A career option you could choose is a Certified Public Accountant or CPA. This career option has many responsibilities. The first of them being financial planning and consulting. CPAs should be proficient in providing clients with personal financial consulting and provide detailed financial plans. Personal financial planning usually encompasses one or more of the following activities: cash flow planning, risk management and insurance planning, retirement planning, investment planning; estate, gift, and wealth transfer planning; Elder planning, charitable planning, education planning, and tax planning (American Institute of CPAs [AICPA], 2014, para. 4). Certified Public Accountants are also responsible for maintaining ethical codes of conduct. This requires that all CPAs act with integrity, objectivity, due care, competency, full disclosure of conflicts and interest, maintain client confidentiality, and serve the public interest when providing financial services (AICPA, 2014, para. 3). In addition to responsibilities CPAs have numerous tasks they must also provide. These tasks include, identifying financial goals and
References: Association of Government Accounting. (2014). CGFM Certification. Maintaining CGFM Certification American Institute of CPAs. (2014). Interest Areas. Professional Responsibilities. Retrieved From http://www.aicpa.org/interestareas/personalfinancialplanning/resources/practice center/professionalresponsibilities/Pages/ProfessionalResponsibilities.aspx Bureau of Labor Statistics. (2014). Accountants and Auditors. Occupational Outlook Handbook. Retrieved June 11, 2014, from http://www.bls.gov/ooh/business-and- Retrieved June 11, 2014, from http://www.bls.gov/ooh/business-and-financial/budget-analysts.htm Bureau of Labor Statistics Retrieved June 11, 2014, http://www.bls.gov/oes/current/oes132082.htm Internal Revenue Service (CPE) requirements. Retrieved June 11, 2014, from http://www.boa.virginia.gov/CPALicense/CPERequirements.shtml Retrieved June 11, 2014, from http://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm This site is maintained by the Bureau of Labor Statistics, a division of the United States Department of Labor Gaylord, G.L. (2006) Careers in accounting (4th ed.) New York: McGraw-Hill. Retrieved form EBSCOhost The authority of this source is Gloria Gaylord Jiles, L. (2013). Accounting Fanatic. Strategic Finance, 95(6), 72. Retrieved from EBSCOhost. Laufer,D. & Crosser,R.L. (2004). Career Information: Helping Accounting Majors Understand their options. Journal of Accounting & Finance Research, 12(2), 112-118. Retrieved from EBSCOhost.