fourth year of my engineering career, I took an Accounting class that made me change the course of my future. I enjoyed that class so much that I decided to follow an Accounting major. Accounting is defined by the American Institute of Certified Public Accountants, AICPA, as “the art of recording, classifying, and summarizing in a significant manner and in terms of…
The list includes attorneys, Certified Public Accountants, enrolled agents, enrolled actuaries, enrolled retirement plan agents and registered tax return preparers. The requirements necessary to represent these individuals are involved with representing taxpayers before the IRS. For example, they…
One of my greatest influences for pursuing an accounting major was the wide variety of career opportunities it could provide in the future. During my first two years of undergraduate studies I had absolutely no idea where I would fit in the business world or if I actually wanted to work in business in general. My accounting degree gave me the ability to pursue a degree that would be useful no matter where my potential career path would lead. Even if I did not want to obtain my CPA license, I…
Accountants play a valuable role in Business Laws and in order to fulfill with the moral and ethical principles, accountants should do all their work in an accurate and detailed manner. They have to prove with their work all the knowledge and experience acquired throughout their professional pathway and in turn, provide confidence to its customers by proving that they are working in a professional manner and within the established laws. The role that an accountant develops is crucial for any…
The purpose of accounting is to identify, record and provide financial information concerning a business. An effective accounting system is one of the most crucial aspects of having a successful business. No matter what type of business it is or how large or small it may be, accounting will play an important role in its overall success. Even though accounting systems can be traced back for thousands of years and have developed in many different ways over time, todays businesses primarily use…
financial accounts and can be traced back thousands of years. Accountants specialize in the accounting process and are needed in most industries. There are very few professions that play a more important role in business than accountants. Accounting can be broken down in subfields or different jobs and are regulated by many organizations. Both standards and ethics play an important role in protecting the best interest of a client. Accountants are indispensable in many industries retail,…
people chose a public accounting firm over a private accounting firm? First, why should you have an accounting degree in the first place? You should have an accounting degree because there are always jobs for this field and the chances you will actual get a job are really high in either public or private accounting firms. People say having an accounting degree can have 360 different jobs opportunities. You can work anywhere because everyone need an accountant from firms like public and private,…
done without even realizing it. This field may sounds boring due to accountant constantly and repeatedly recording numbers, but this career made a major impact to the world. Back when business started, merchants…
are the heart of handling money. There are accountants that help their clients through many different aspects of finances. There are different departments in accounting such as managerial accountant, or tax account, and even government accountant. “Accountants and auditors perform overviews of the financial operations of a business in order to help it run efficiently” ("Accounting is About More than Crunching Numbers: Learn What Other Duties an Accountant Holds"). Accounting isn’t something…
I am interning with a public accounting firm and I too have met people who majored in subjects that have nothing to do with accounting, such as biology, law and psychology. As you mentioned, as people grow and mature, their interests and perspectives tend to change as well. The…