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Observation of an organization's accounts and fiscal trends provides valuable data to those in business who must make decisions and predictions based on the economy.

Accountants maintain the financial records and supervise the recording of transactions of businesses, corporations and not-for-profit organizations, as well as governmental units. They

  • design and maintain systems to record changes in assets and liabilities;
  • supervise accounting for expenses, payment, purchases, and inventories;
  • and prepare periodic tax and financial reports.

Areas of possible concentrations in accounting include

  • budgets
  • cost
  • taxes
  • systems accounting
  • systems design auditing
  • financial reporting.

Accountants work with people and must be able to communicate orally and in writing. One of the major functions of accountants is to give advice to management on potential courses of action.

Career Fields

 Public Accounting

  • Auditing
  • Tax
  •  Environmental Accounting
  • Forensic/Investigative Accounting
  •  Information Technology Services 
  •  International Accounting 
  •  Personal Financial Planning

Strategies: Public accounting firms hire candidates with the requisite requirements for the CPA exam - 150 education hours and 24 hours in accounting. State laws govern the practice of accounting and specify requirements for sitting for the CPA exam. See your state's Board of Accountancy website for details.

Corporate Accounting

  • Financial Management
  • Financial Reporting
  • Internal Auditing
  • Cost Accounting
  • Tax Planning
  • Budget Analysis

Strategies: Managers that work in corporate settings obtain an MBA after they have gained several years of experience.


  • Auditing
  • Financial Reporting
  • Financial Management
  • Budget Analysis
  • Research

Strategies: Complete and internship with a government agency. Familiarize yourself with the application process and USA Jobs. Accounting is an in demand area in governmental hiring and a multitude of opportunities exist.


  • Teaching
  • Research
  • Consulting

Strategies: A Ph.D or DBA in accounting is required; ensure a high GPA and secure strong faculty recommendations for graduate school admission.


  • Accounting
  • Internal Audit
  • Financial Planning
  • Budgeting
  • Money Handling
  • Record Keeping

Strategies: Build a network of contacts by volunteering at non-profit organizations.