Are You Thinking About Getting an Accounting Degree?
Accounting is surely one of the most prestigious careers you could choose, and with so many options you can rest assured you’ll never be bored.
Because it is so multifaceted, however, if you believe that a career in accounting is right for you, it’s important that you work on specializing. These are some of the specializations available to you:
Public Accountant
If you have a CPA certification or you’re working towards getting one, then you can get a job at a public accounting firm. Generally, these firms work on auditing, taxations, accounting, and consulting services for clients across a wide array of industries.
When you work at a public accounting firm, you will gain valuable experience in various aspects of the general accounting field. This includes drafting and reviewing financial statements, working on budget reports, taxation, and providing effective advice on various financial aspects.
Tax Accountant
Just like it sounds, a tax accountant works on tax-related accounting and nothing else. As a tax accountant it is your responsibility to prepare quarterly and yearly tax returns for both individuals and businesses.
Forensic Accountant
A forensic accountant examines the financial statements of a company and makes detailed reports for legal disputes and investigations for crimes like financial fraud and fund misappropriation.
Financial Accountant
A financial accountant works for a single business or corporation, preparing reports that show the company’s financial performance. These reports include cash flow statements, balance sheets, ledgers, and profit and loss statements, and are prepared for creditors, taxation authorities, and shareholders.
Managerial Accountant
A managerial accountant works in the same manner as a financial accountant, but they focus mainly on internal stakeholders. They also work on preparing reports for review, building business plans, preparing budgets, and improving overall financial performance.
Financial Planner
A financial planner can assist a person or company with investments and tax filings. Many accounting professionals decide to work for financial planning firms, or independently as consultants.
Internal Auditor
Just about every large company has an internal auditor. An internal auditor ensures the effective allocation of resources and that the company is acting in compliance with all federal and state requirements. All-in-all the objective is to ensure that funds are properly managed.
Government Accountant
A government accountant works in the public sector, managing the financial information of the local, state, or federal government. They are focused on fund management and ensuring that money collected is used in accordance with the law.
