The job of an accountant is to help ensure that businesses run efficiently, keep records accurately, and pay taxes properly and on time. They are also involved in the analysis and communication of financial information to investors and decision makers within the company, making their profession a high-demand job.
A career in accounting provides many appealing opportunities and benefits. For starters, it often offers very competitive pay. According to PayScale.com, the average accountant makes around $44,000 per year, with some making more than $75,000 per year. Accountants also usually enjoy great job security, opportunity for growth, health insurance, life insurance, a 401(k) plan, and paid annual vacation. As a result, it is essential that job applicants differentiate themselves through a college degree as well as CPA certification.
One way to get proper training is to study online. Learning online has become more popular than ever with more than 60% of colleges and universities now offering online degree programs. As a result, students can earn highly reputable and accredited accounting degrees from the comfort of home. This provides the flexibility many people need to juggle school and family life while pursuing a new career path.
Once students receive their accounting degrees, they have a variety of paths in the profession to choose from, including:
- Public Accountant: Public accountants perform many accounting services for corporations, governments, nonprofit organizations, and individuals. These services cover a wide range of specialties, from basic accounting that analyzes revenues, costs, liabilities, and assets to forensic accounting that investigates white-collar crimes. Another common public accountant role is advisor, in which capacity one discusses tax advantages/disadvantages of business decisions, as well as compensation and healthcare benefits.
- Government Accountant/Auditor: A government accountant/auditor works in the public sector maintaining and reviewing government records and auditing private businesses and individuals subject to government regulation. Government accountants/auditors ensure that debts are paid and revenues received.
- Internal Auditor: Internal auditors reduce internal loss by identifying and minimizing mismanagement, waste, and fraud. An auditor evaluates a firm’s financial/information systems, management procedures, and internal controls to verify that all data is accurate and that controls are sufficient. In many cases the internal auditor will also aid in the design of an organization’s computer system.
- Management Accountant: Management accountants record and analyze financial information for companies. Their duties include budgeting, evaluating performance, cost management, and asset management. Management accountants also aid in the decision-making process by analyzing company records.
If you’re interested in getting your accounting degree online, you can visit www.elearners.com for more information.
