Faculty.elgin.edu



Accounting

Maria Arroyo

December 11, 2006

Maria Arroyo

Mrs. Dye

Argument paper

12/11/06

Accounting used to be the kind of work that mom wanted for junior: good pay, steady hours, and comfortable office. In the wake of prominent tax accounting scandals the accounting profession has taken a hit, and moms these days aren’t necessarily bragging about what their sons or daughters do for a living. Specific tasks included: Drawing up budget and estimating costs and profits, preparing financial statements, analyzing contracts and purchase order, computing taxes and preparing tax returns, making sure that financial records are absolutely accurate and comply with the law, writing financial reports, and working with outside auditors.

Most accountants’ positions require at least a bachelor’s degree, and some cases they prefer applicants with a master degree in accounting. Is required four years of college including 24 semester hours in accounting or an equivalent combination of education and experience. Nearly all states require a CPA which means Certificate Public Accountant and the majorities are candidates to be college graduates but not all the accountant do this. To become you need to pass a series of national exams offered twice a year. The major accounting firms who often pay for their young accountants to go to school and for exams.

According to the American Instituted of Certified Public Accountants, enrollment in accounting programs climbed 19 percent from 200-2004. Accountants held about 1.2 million jobs in 2004. They worked throughout private industry and government, but 1 out of 4 wage and salary accountants worked for accounting, tax preparation and payroll services firms. Approximately 1 out of 10 accountants or auditors was self-employment.

Employment of accountants is expected to grow faster than average for all occupations through the year 2014. An increase in the number of business, changing financial laws and regulations, and increased scrutiny of company finances will drive growth. As the economy grows, the number of business establishments will increase, requiring more accountants and set up books, prepare taxes, and provide management advice. The accountants will increase throw out the years. According to a 2005 salary survey conducted by Robert Half International, a staffing services firm specializing in accounting and finance, accountant with up to 1 year of experience earned between $28,250 and $45,000 a year. Those with 1 to 3 year of experience earned between $33,000 and $52,000. Senior accountants earned between $40,750 and $69,750, manager between $48,000 and $90,000, and directors of accounting $64,750 and $200,000.

Personal Satisfaction is pretty good because the job that you do is not hard, and you earnings are pretty good money. Retirement is depending in what age you retire, but you will get health benefit. There are a lot of benefits of getting this career start because you will save a lot of money by doing the taxes yourself. If you think about getting a business of your own, you don’t need to pay money to somebody else. You will be helping people in their taxes.

In conclusion this is one of the best careers to choose from, and is one of the best careers paid. In the future there will be a lot of accountants jobs throw out the United States. There will be a lot of retirement benefits for those who retire at the age of 65 years old. This career will help you to save a lot of money throw out the years. You will never pay money to somebody else to do taxes.

Pizzey, Alan

Cost and Management Accounting

British Library Cataloguing in Publication Data

Jason Alba, Manisha Bathija

Accounting Career Guide

New York Times

Morkes, Andrew

The Fastest Growing Careers for the 21st Century

Ferguson Publishing Company Chicago, Illinois

EBSCOhost

“Grand Better Prepare for Real World”

USA today Magazine



“Career Information-Accountants and Auditors”





“How to Interpret Occupational Information Included in the Handbook”

U.S Department of Labor



“Accountants & auditors”

Accountants and Auditors



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