A great deal of people think that accounting careers are one of the more boring careers that comprises of number crunching only.
While it is true that a big part of accounting services is number crunching, there is more to it than that.
This is because people think that the only career in accounting is that of a financial accountant.
While financial accountants do make up the largest percentage of accounting careers, there are several other accounting jobs available.
Here is a list of some of the accounting careers:
1. Financial accountant –
Majority of practicing accountants will start off as financial accountants.
The duties will vary from firm to firm but a financial accountant will typically be responsible for preparing financial statements such as the balance sheet and income statement.
A financial accountant may work as an internal auditor, as part of the accounting team in a company or as a public accountant. As a public accountant, he will need to become a CPA (Certified Public Accountant).
2. Management accountant –
This is a corporate accountant as he works within an organization. His main role is to provide information to the management of the organization.
This information is the basis on which the top management makes strategic decisions.
3. Tax accountant –
This is another one of the important accounting careers. A tax accountant is responsible for the preparation of tax statements.
He is also required to come up with legal strategies to reduce a company’s tax liabilities. His work will usually start after the financial accountant has prepared his financial statements.
4. Forensic accountant –
This is possible one of the faster growing accounting jobs due to the changes in legislation.
Forensic accountants are investigators charged with the responsibility of going through financial statements to dig out possible white collar crime such as insurance fraud and financial crimes.
They are usually brought for the purposes of legal action and are many times called to testify in court.
5. Fraud investigator –
This career is closely linked to forensic accounting. This is because fraud investigators are also engaged to investigate financial crimes such as embezzlement and fraud.
For example, the Internal Revenue Service (IRS) will hire fraud investigators.
6. Budget analyst –
This is another growing accounting career. A budget analyst will work in different settings and his job will entail analyzing past trends in order to make projections for the future.
The aim of making these projections is so as to enable the company to become more efficient and therefore be more profitable.
These are simply a few of the many possible accounting careers, find one that fits your style and go for it!
