Why Accounting?
Accountants keep track of payments, financial positions, and
transfers of capital or income for individual or institutional clients.
Some are responsible for examining the tax implications of those
actions.
If you major in Accounting, you'll learn how to keep financial records
of business transactions and how to prepare statements concerning
assets, liabilities, and operating results.
Many employers look favorably on students with significant
computer proficiency or work
experience in number-intensive jobs, and some job candidates
enhance their profiles by earning a master’s degree in business,
accounting, or finance.
Accountants move to positions in bank operations, budgeting
offices, financial analysis, management consulting, the FBI (where
accountants track, analyze, and report on illegal interstate money
transfers and hidden asset recovery-FBI accountants even brought
down Al Capone), and full-service brokerage firms. It is not unusual
to see an accountants become entrepreneurs and use their
expertise to begin, manage, and nurture a start-up company
as its financial officer (CFO).
While it's possible to be a general accountant, specialization is a Big
Thing in this field. Many accountants specialize in auditing, taxes, or
consulting. There are also several professional designations within the
field of Accounting. There's your garden-variety CPA (Certified Public
Accountant) as well as your CMA (Certified Management Accountant)
and your CIA (Certified Internal Auditor). Keep in mind that you've got
to pass an extremely challenging exam after graduation in order to earn
any one of these titles, though.
Click here for the SFSU Accounting Program and courses.
# of people in profession: 1,100,000
Average hours per week: 45
Average starting salary: $33,600
Average salary after 5 years: $50,000
Average salary after 10 to 15 years: $97,250
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Professionals read these: CPA Journal,
Financial Accounting Standards Board publications,
Journal of Accounting, Tax Law Digest Book.
Films and TV Shows Featuring the Profession:
The Producers, Midnight Run, Weekend at Bernie's,
Paid in Full.
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Major Associations:
American Institute of Certified
Public Accountants
1211 Avenue of the Americas
New York, NY 10036-8775
Tel: 212-596-6200
Fax: 212-596-6213
Web: www.aicpa.org
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New York State Society of CPAs
530 5th Avenue 5th Floor New York,
NY 10036 Tel: 212-719-8300
Contact: Public Relations
Department Web: www.nysscpa.org
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All information above thankfully provided by the Princeton Review.
>>Accounting at The Princeton Review
SFSU Organizations:
Accounting Students Organization
Association of Government Accountants
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