Accounting Report Essay Research Paper Anyone considering

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Accounting Report Essay, Research Paper Anyone considering accounting needs to assess whether this career fits his or her interests, abilities, and aspirations. There are certain qualities and qualifications, however, that a person should consider before making a commitment to a particular career field. Selecting a career can take a lot of time, and many people do not choose until they are adults. Contributing to the difficulty in choosing a career is the vast number of vocations from which to choose. The field of accounting alone covers dozens of types of accountants and dozens of jobs. In trying to decide whether accounting is an appropriate career choice, a person should talk with bookkeepers and accountants that have years of experience. Ask questions about their daily

work requirements, their likes and dislikes about accounting, and how they became interested in the profession. Questions such as these can give a person insight into the profession and help in considering accounting as a career Accounting is a system used to provide financial information about a business or person. Accountants prepare and analyze financial records for individuals, companies, governments, or other organizations. Accounting is a basic need for every business, and the term business has been broadened to mean any operation that deals with money. That includes families and corporations, and also schools, theaters, art galleries, charitable organizations, and even some private persons. People sometimes call accounting “the language of business” because accounting

data are used to detail firms activities. Accounting tells the history of a business or person in numbers. Over one million people are employed as accountants, and most can be found in private business and industry. “Nearly 40 percent of all accountants are certified, and about 10 percent are self-employed’(Caruna, 1). In addition to openings resulting from growth, the need to replace accountants who retire or transfer to other occupations will produce thousands of job opening annually in this large occupation. The Occupational Outlook Handbook states that the expansion of accountants is related to: “increasingly complex taxation, growth in both the size and the number of business corporations required to release financial reports to stockholders, a more general use of

accounting in the management of business, and outsourcing of accounting services by small business firms”(Bureau of Labor Statistics, 7). While the majority of jobs will be found in large cities with large businesses, smaller firms will start up and smaller business will continue to seek outside accountants. Accounting jobs are more secure than most during economic downswings. “Despite fluctuations in the national economy, there will always be a need to manage financial information, especially as the number, size, and complexity of business transactions increases”(8). However, competition for jobs will remain, certification will become more rigorous, and accountants with the highest degrees will be the most competitive. In order to become an accountant, a person needs an

aptitude for mathematics. In addition, a person must be neat, accurate, able to work with little supervision, and able to handle responsibility. Starting in high school, students preparing for an accounting career should be proficient in arithmetic and basic algebra. Familiarity with computers and their applications is equally important. Course work in English and communications will also be beneficial. “In college, a bachelors degree with a major in accounting is highly recommended by professional associations for those entering the field and is required by all states before taking the licensing exam”(Cosgrove, 5). It is possible, however, to become a successful accountant by completing a program at a private business school, junior college, university, or correspondence