In: Social Issues

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Careers in Accounting

Accounting 100

Professor: Waters

March 8, 2015

Lionel A. Dennis

Accounting is the study of how businesses track their income and assets over time .

Accounting can be divided into several fields, including financial accounting and

Financial analyst. In this paper I will be discussing two career choices or path one could choose

with an accounting degree, Financial accounting and Financial analyst.

Financial Accounting

Financial accounting is the field of accounting that is concerned with the summary,

Analysis, and reporting of financial transaction pertaining to a business . Financial

Accounting also involves the preparation of financial statements available for public

Consumption .

Objectives of financial accounting

One of the main objective of financial accounting is to allow the public to be

informed and have assess to the value of a company for themselves .

According to the bureau of labor statistic, financial accountants work full time . in 2012,

About 1 in 5 worked more than 40 hours per week. Longer hours are typical at certain

Time of the year, specifically at the end of budget year or during tax season.

According to the bureau of labor statistic, the median annual wage for accountants was

$63,550 in 2012.

Work environment

Most financial accountants work in offices, although some work from home .they

Sometimes work in teams with other accountants and may also travel to their client place
Of business.

Financial analyst

Financial analyst is a field in accounting that provides guidance to businesses and

Individuals making investment decision. Financial analyst also assess the performance of

Stocks, bonds…...

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