there are several benefits to choosing a career in accounting

PREPARED BY: MICHELLE MARIE MALDONADO

There Are Several Benefits to choosing a Career in Accounting:

Research Report

Research Report Outline 1. Introduction 2. Purpose 3. Research Methods 4. Research Findings:

4.1 Job Availability4.2 Salary4.3 Skills Required and Learned

5. Conclusion

1. IntroductionAccounting Career Benefits: Several fields to choose from in

accounting High demand for accounting graduates Good paying jobs Skills learned in accounting can be

helpful on the job and in your personal life

In 1789 Benjamin Franklin wrote:

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“In this world nothing is certain but death and taxes.”

2. Purpose To educate and make students aware of

the benefits one can gain from choosing a career in accounting

To inform students of the skills necessary in order to be successful

in an accounting career

3. Research Methods Interview• Brenda O. Catchings,Accounting Instructor at

Augusta Technical College

Internet• www.salary.com• http://accounting.bryant.e

du/~account1/WhyAccounting.html

Books• “Finance” by Patrice

Cassedy• “Where The Jobs Are” by Joyce Hadley Copeland

4. Research Findings

4.1 Job Availability Expect more than 122,000 new jobs for

accountants and auditors in 2008, according to the U.S. Bureau of Labor Statistics.

Accounting majors can work in manufacturing, a financial institution, a government agency, health care, and public accounting, to name a few of many job opportunities.

4.2 Salary

4.2 Salary (cont’d)

These are just a few of many available job titles.

A lot of good paying jobs desire a four year degree.

A General Accountant in the South can make anywhere from $34,224-$87,093

A Cost Accountant I, makes $38,692-$56,010

A Tax Accountant I makes a medium salary of $45,000 in the Southern States

The fluctuating salary will depend on several factors:

1. Experience2. Education3. Responsibilities4. Size of the company5. Job Title6. Location

4.3 Skills Required & Learned

Skills Required Must be detail oriented (one wrong

number can cause several financial reports to be incorrect)

Must be good with numbers & enjoy math

Must double check work Must be good at analyzing problems

4.3 Skills Required & Learned (Cont’d)

Learned Skills Computer skills; such as excel

worksheets and accounting programs How to prepare financial statements and

explain them Knowledge on accounting laws and

learning where to go to in order to keep up with changes

5. Conclusion Through my research I have found that

there are several benefits to choosing a career in accounting. Accounting Majors can expect a good salary, a challenging job, various job titles, a variety of responsibilities, and can find work in almost every industry.