Accountant Career Summary

Accountant Career Outlook

Accountants serve an integral role in government, companies or individual’s lives in the contemporary society. Accounting career is suitable for those that are detail orientated and great with handling numbers. Accountants are involved in the preparations well as the examination of financial records by ensuring that financial reports are reliable, accurate and that taxes are paid appropriately for the given time duration. Accounting financial operations assessments work to ensure efficient running of organization or businesses. Most accountants normally work full time and based on 2014 statistics approximately one individual in every five accountants worked past 40 hours every week (BLS, 2017).

Mission Statement

To gain academic knowledge, provide financial solutions to the public while growing accounting skills and expertise.

Career Requirements

Close to all employees necessitates potential candidates to possess a bachelor degree in the accounting field or related field for the entry level. There is no on the job training or any kind of working experience that is necessitated in this field.in addition, certification in the specific accounting field is crucial in improving job prospects, for instance, most accounts acquire their accounting certification from Certified Public Accountants (CPAs) (BLS, 2017).

Advancement Potential

It is projected that between 2014 and 2024 the accounting employment sector will experience a minimal growth of 11 percent which is higher than average (BLS, 2017). This will result in the generation of more employment opportunities which is mainly fueled by business growth and globalization thus increasing accountability and efficiency needs. Generally, the employment increase is anticipated to be nearly linked to that of the health field and as the economy continues to develop more personnel’s will be required to examine as well as prepare for accounting reports.

Payment

The median annual pay for an accountant as per May 2016 was $68,150 (BLS, 2017). This normally accounts for 32.76 dollars for every hour (BLS, 2017). Accounting career is not particularly new in the market today but it has grown to be a prime necessity in the market.

 

 

 

 

 

Reference

Bureau of Labor Statistics. (2017). Occupational Outlook Handbook. Retrieved from https://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm