The Pros and Cons of being an Accountant

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Recommended: Short note on accountant as a career

One of the most important jobs is an accountant. They very important because taxes are very complex and they are changing every year. They work on businesses records of assets and liabilities. There are many things to consider before becoming an accountant. They need a good education have a good math background.

The nature of the work for an accountant is to maintain records of the assets and debts for a business or an individual and keep records of all financial transactions. They use this information to project the financial future of the business (“Wiscareers”). They prepare and analyze financial reports. Some of the reports are the balance sheet, income statement, and tax returns. Public accountants work for businesses or they offer their services to the public on a fee basis. They divide their time among their clients (“Public Accountant Job Description”).

Public accountants can give companies independent, unbiased advice concerning their finances. They can be hired to prepare annual reports that are presented to the stockholders of the corporations. Those reports show the state of a company's finances to the stockholders of the company (“Public Accountant Job Description”).

Accountants must be familiar with the tax laws concerning their client's professions or business. They are responsible for budgeting, performance evaluation of the company, cost management, and asset management. They interpret the financial information that corporate executives need in order to make sound business decisions. They also prepare the reports for creditors, regulatory agencies, and tax authorities (“Accountants and Auditors”).

Some public accountants specialize in forensic accounting, which is investigating and interpreting...

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... public firms. They help companies run efficiently by keeping track of assets and liabilities of the company.

Works Cited

“Accountants and Auditors." U.S. Bureau of Labor Statistics. Web. 19 Nov. 2009. .

“Accounting Job Description." Degree Source. Web. 19 Nov. 2009. .

“Public Accountant Job Description, Career as a Public Accountant, Salary, Employment - Definition and Nature of the Work, Education and Training Requirements, Getting the Job." Job Descriptions and Careers, Career and Job Opportunities, Career Search, and Career Choices and Profiles. Web. 19 Nov. 2009. .

WISCareers. Web. 19 Nov. 2009. http://wiscareers.wisc.edu/C_CVstuff/occinfo.asp?Area=gen&Num=00073.

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