Concept of Accounting

Accounting

Many people believe accountants are individuals who are sat in an office or stall tied at desk all day long computing and filling burdensome book account sheets. But accounting experts do large more than calculate and register business operations and transactions. A major in accounting provide chances to the new graduated person to choice among a variety of job position such as bookkeeper, finance and marketer analyst or human resource employee. Accounting major is often eluded with some kind of contempt and fear because accountants allegedly do tedious and burdensome work. However, it is certainly sure that excellent business people should be acquainted about bookkeeping in order to succeed in their respective entrepreneurial areas. Nowadays, professional accountants broaden their vision in an unlimited horizon of new opportunities. Also, they have become the mentors, leaders and even owners of profitable companies. Moreover, America offers tremendous opportunities for accountants in both local and international markets. Individuals who graduates of accounting degree not only can work as bookkeepers but also in many other areas of interests as public and private sectors. Accounting degree should be my prioritizing goal because of its high demanding profession, limitless opportunities and its determining importance. Accountants have tremendous chance of getting contract in any business company. According to the National Association of Colleges and Employer’s 2008 job outlook survey, accounting is the number one bachelor’s degree in demand by employers. Not only accountants are demanded for working in the accounting field but also in many other business areas. Accounting has been known as the language of business, and knowing it increases the chances of becoming a valuable resource for any company. After graduating of bachelor degree in accounting an individual can become public accountant who provides auditing, tax and consulting services to businesses and can either work for a firm or for themselves. Also, a person graduated in this field can choose to work for a private firm. In this sector, the individual just work for one company and it provides the opportunity to prepare budgets and financial information for it. Accountants has the chance to work for the government if he or she prefers. In this sector they specializes in monitoring the distribution of funds. The chances of getting a job after graduating in accounting career is close to a hundred percent probable. Many opportunities come in an always expanding and volatile market and the advice of the accountants are very crucial for a sustainable economy. Those who are interested in expanding their practices look beyond the traditional bastion of practice tax and audit practice and exercise their view. Experts in accounting stare at promising future on business valuation which has received considerable attention recently for many business experts and falls under the larger category of “New Finance.” Therefore, accountants view business valuation as an alternative source of income. They are perceived by business owners to know and understand his/her clients business so that accountants are considered as independent and objective advisors in profitable corporations. Each time small and enormous companies become more and more dependable of professional accounting. In a globalized economy accountants have tremendous chance of extends their profits. Accountants can be at a center of trading business going both in and out of United States. For example; North American Free Trade Agreement (NAFTA) offer great opportunities for professionals of America and other countries in the accounting industry. Work Cited Balwin, J. (2010, Feb 25). Perks of being an accountant. University Wire Retrieved from http://ezproxy.library.csn.edu/login?url=http://search.proquest.com/docview/1532348268?accountid=27953 Bhattacharya, S., & Braun, G. P. (2001). Business valuation: An emerging area of practice for accountants. The National Public Accountant, 46(3), 15-16. Retrieved from http://ezproxy.library.csn.edu/login?url=http://search.proquest.com/docview/232342406?accountid=27953 Chu, L. (1998). Accountants abroad. CMA, 71(10), 12-15. Retrieved from http://ezproxy.library.csn.edu/login?url=http://search.proquest.com/docview/197796539?accountid=27953 Clolery, P. (1994). Accountants reaching across borders. The Practical Accountant, 27(2), 38. Retrieved from http://ezproxy.library.csn.edu/login?url=http://search.proquest.com/docview/208245330?accountid=27953 Global opportunities for chartered accountants. (2001, Aug 30). The Belfast News Letter Retrieved from http://ezproxy.library.csn.edu/login?url=http://search.proquest.com/docview/324686332?accountid=27953 Gurnick, D. (1992). The accountant's role in assisting franchisors. The CPA Journal, 62(12), 48. Retrieved from http://ezproxy.library.csn.edu/login?url=http://search.proquest.com/docview/212297242?accountid=27953 Hall, L. (2003). Bright job market for accountants. Atlanta Business Chronicle, 26(1) Retrieved from http://ezproxy.library.csn.edu/login?url=http://search.proquest.com/docview/235203591?accountid=27953 Peisley, T. (2000). Accountants as experts. Charter, 71(2), 66-68. Retrieved from http://ezproxy.library.csn.edu/login?url=http://search.proquest.com/docview/195575740?accountid=27953 Sheinker, C. (1999). Factoring: An accountant's perspective. Accounting Today, 13(10), 51-51,55. Retrieved from http://ezproxy.library.csn.edu/login?url=http://search.proquest.com/docview/234440886?accountid=27953