If you ever think about becoming an accountant, then this article is made for you.
It's rewarding because you always feel useful in a company.
An accountant is responsible for the preparation and analysis of a company’s financial records, including data management, analysis and consultation, creation of financial statements and ensuring regulatory compliance in the company’s accounting practices.
A lot of information about a company’s money needs to be processed and managed on a daily basis, and the results of the financial reports generated need to be properly communicated to management.
In an office principally, at a desk.
Because an accountant deals with so many areas of business, like bookkeeping systems that store data, the preparation of financial statements and legal considerations, it is advisable to undertake a degree in accounting.
According to the Bureau of Labor Statistics, which is a federal agency whose duties include measuring labor market activity, the 2017 median pays for an accountant is $69,350 per year. These figures are based on an annual wage for all workers in the accounting field. The higher above the median an accountant is being paid, the more likely this individual has undertaken and received a CPA designation. According to the Journal of Accountancy, the average salary of a CPA in the United States in 2017 was $119,000. This figure does not include bonuses or other benefits.
As well, completing some business management and computer software classes can really help a candidate build his skills and start his career.
Many accountants are classified as exempt employees, so they don't qualify for overtime pay under the Fair Labor Standards Act. It also means they aren't compensated for long hours at the office during tax season, or closing the books at month end and the end of the fiscal year. Audit deadlines and the potential penalties from inaccurate reporting can cause stress. Because accounting departments don't generate revenue, staff cuts often occur in economic downturns, leading to overwork and uncertainty for remaining staff.Accounting isn't an active career. Most of it is spent sitting at a desk, which is detrimental to health. According to Beaumont Health Services, long periods of sedentary behavior led to an increased risk of developing diabetes and heart problems, including death from a cardiovascular event. Sitting all day might not be the primary cause of the increased risk, but the evidence is compelling enough to recommend increased movement and exercise for desk workers.
Almost all the calculus are made with a robot, but an accountant is also here to give advice and recommendations when the company wants to improve, so they will be probably not be replace by robots.
Well, it depends on if they work in an accounting firm or not so they can retire at 57 or at 65.
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Authority: edited reporting
Date: still relevant
Accuracy: probably true
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Rationale: to inform or educate
Authority: edited reporting
Date: still relevant
Accuracy: probably true
Relevance: relevant for this document
Sources: cites sources
Rationale: to inform or educate
Authority: edited reporting
Date: still relevant
Accuracy: probably true
Relevance: relevant for this document
Sources: no sources cited