Essay- Accounting as a Profession
Introductory Part
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, including 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 performance, tax strategy, and health care benefits management. They perform these vital functions by offering an increasingly wide array of business and accounting services to their clients, in order to provide information to them.
Accounting- the best profession
There is a lot to gain from a career in accounting. The most important is that people can learn how business works from accounting. Accounting jobs offers stimulating and challenging work that is constantly evolving. Because accountants spend a lot of time looking under the hoods of businesses, they really learn the nuts and bolts of business. An accountant is perfectly positioned to become a Chief Financial Officer (CFO) because he has the best understanding of what drives business and profits in a company.
In the year of 2009, the world economy is undergoing recession. The accounting profession has been affected just like the rest of the financial services industry. Accountants are thinking hard about their work lives and are worried about the future. Yet, the fundamentals are strong, demand for new graduates will be back and accounting should remain a promising profession for many years to come.
Accounting in Management
Many firms are focusing on activity-based management, process-view analysis, constraint checking and business process analysis as well. The world of management accounting is evolving rapidly and there is high demand for accountants who are knowledgeable about these trends.
Educational Requirements Climbing
Most accountant and auditor positions require at
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, including 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 performance, tax strategy, and health care benefits management. They perform these vital functions by offering an increasingly wide array of business and accounting services to their clients, in order to provide information to them.
Accounting- the best profession
There is a lot to gain from a career in accounting. The most important is that people can learn how business works from accounting. Accounting jobs offers stimulating and challenging work that is constantly evolving. Because accountants spend a lot of time looking under the hoods of businesses, they really learn the nuts and bolts of business. An accountant is perfectly positioned to become a Chief Financial Officer (CFO) because he has the best understanding of what drives business and profits in a company.
In the year of 2009, the world economy is undergoing recession. The accounting profession has been affected just like the rest of the financial services industry. Accountants are thinking hard about their work lives and are worried about the future. Yet, the fundamentals are strong, demand for new graduates will be back and accounting should remain a promising profession for many years to come.
Accounting in Management
Many firms are focusing on activity-based management, process-view analysis, constraint checking and business process analysis as well. The world of management accounting is evolving rapidly and there is high demand for accountants who are knowledgeable about these trends.
Educational Requirements Climbing
Most accountant and auditor positions require at