When it comes to choosing a major in college, it is important that you pick a major that you will enjoy working in for the some part of your life. How does one make that decision? There are several different factors that play a role in choosing a major; or there was for me at least. When I looked into business for my intended major the first thing that came to my mind was not if I was going to enjoy working in some kind of business environment because I already new I would like that. Instead I looked at other aspects or values that a business degree offers. More importantly, I looked at what concentration I wanted in business.
I chose the accounting side of business for several reasons. One reason is because I like to work with numbers. I enjoy setting up budgets and different types of financial statements and seeing of everything works together with that aspect of business. One of the values of being an accounting major is that the demand for accountants is high and it probably will not change. According to the website of the Princeton Review the accounting profession is to be growing very quickly and because of all the different types of accounting needed to fulfill the needs of various businesses, the need for an accountant will always be there (Basics). Another plus to obtaining an accounting degree from most other business degrees is according to the AICPA, an accounting degree is a degree that offers all ranges of possibilities in the business society. As well stated in a publication by the AICPA, "Accounting opens doors in every kind of business coast to coast." Accounting deals with the aspects of preparing financial statements and budgets for companies as well as other career path opportunities, but because ...
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...nvironments, the compensation of services, and the placement of trust in me are just a few of the values that I have that come with the major. Being an accountant is deemed to be a respectable field to go into and is also a path that I see that leads to career success.
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The non-profit professional organization, American Institute of Certified Public Accountants (AICPA), was founded in the United States of America. The organization was founded in 1887, to help ensure that the accounting profession would gain the same respect as the other prestigious occupations had received from the public. The accounting profession, similar to the medical, legal, and engineering professions, is characterized by “…rigorous educational requirements [150 credit hours], high professional standards, a strict code of professional ethics, licensing status [Uniform CPA Examination], and a commitment to serving the public interest” (AICPA, 2016). These five characteristics
Clients want accountants with integrity. Thus, integrity is critical to the public trust. As a matter of fact, one of the general definitions of integrity provided by the AICPA Code is that it is a quality from which the public trust derives. Also, it is an element of character fundamental to professional recognition, and it requires members to be (among other things) honest and candid within the constraints of confidentiality (Duska, Duska & Ragatz, 2011).
...after discovering what I do not want to major in. I had the opportunity a couple of summers ago to shadow in a Pediatric Clinic because that was originally what I thought I wanted to be, but I was actually more interested in the business associated with running the clinic. I also have a family friend who is in the business field, and he talked to me about his job and the opportunities he has been given because of the major he choose. Listening to him, I started to see myself in the business world, traveling the world and meeting new people everywhere I go. I am attracted to the business world as a whole not only because I find it interesting, but also because I can see myself waking up every day and doing something I love. Additionally, I feel that this career path will allow me to accomplish a multitude of goals, including helping people all around the world. (257)
Before you start to think about a major, you might ask yourself why you should choose a major in the first place. There are several answers to this question. The first one is very simple: choosing a major is required by the university. Every college will request you to select an area of concentration, usually called a major. Each major has a set of requirements: number of courses, electives, and comprehensive examination. The general goal is to require the exploration and understanding of a body of material and of the techniques needed for mastery of that material. This is the university’s view on the requirement of a major.
Four months ago, I made an important decision: I changed my major to Accounting. I decided to change my major because I thought I had more job opportunities and options with an accounting major. At the beginning I specifically didn’t know what I wanted to do or in what area of accounting to specialize. After doing some research I decided I wanted to be a forensic accountant. Doing some research I also found that being a forensic accountant has some unique advantages and disadvantages. Becoming a forensic accountant demands money, time, and professional related experience, and as forensic accountant there are higher possibilities of getting blackmailed, but when one is already a forensic accountant one can enjoy of a considerably good salary and several job opportunities.
Choosing a major can be a very stressful situation, so why not sit down and take some time to do it? Be creative, don’t rush, give yourself plenty of time and really think about what interests you in life. My major is something that I want to enjoy, something that I will be doing for the rest of my life. Why would I want to be miserable at something I do in life? Two short essays: “College?
"Accountants." WISCareers. University Of Wisconsin System Board of Regents, 2009. Web. 20 Nov. 2009. .
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The revenue/cost period-: Revenue and the cost period in accounting that the company get income from normal business activities. It’s referred to normal business income that the company got by selling their product and service.
The purpose of this document is to describe the nature, purpose and scope of accounting and it deliberately explains the details of each category in accounting. Accounting involves in preparing financial documents of an entity by analyzing, verifying, and reporting this records. It emphasizes its major characteristic role in field of banking and finance, with a mixture of supportive sub topics.
After finish the whole set of tutorials, our perspective of accounting become more professional. The study of accounting is not just for the knowledge and skill, but also for the critical thinking as a professional. Accounting professional is not just about the job that we what to take for our future career, but also the behavior that we need to have for our daily life.
In laymen’s term’s, accounting is the action or process of keeping financial accounts, but there is much more to being an accountant than just that. An accountant will need to be adept at working with numbers, paying close attention to small details, and reconciling conflicting business reports. Accountant’s tasks include preparing net profit and net loss statements as well as preparing other accounting reports for your company or client, and also analyzing reports of other statements to determine the how profitable your company, or the client.
I feel that this major is of a great interest to me because its diversity. Both career paths have advantages and disadvantages. Public accountants have greater variety of exposure in working with different clients and industries; also, advancement opportunities may become sooner. On the other hand, private accountants can reach management levels without a CPA license and advancement opportunities may not come as quickly. This overview presented me a better idea of where a degree in accounting could take me. Knowing that I have a variety of opportunities and room for growth give me the confidence I need to Pursuing the degree would definitely open up the doors for me. Similarly, knowing that I have a detail oriented personality is a perfect fit for the world of accounting; I feel confident that my analytical, math and communication skills will help me to become a trustworthy and reliable accountant who help people to become more efficient with their
Accounting is a very important term to our modern society. It is the career for men and women who at the start have their eyes set on top positions in industry, management, government, and general business. Accounting is a basic need of every businessman, from the operator of a filling station to the government of the United States. It's so important to our society. None of the business organization can operate without is. They are there-somewhere-in every business. In small business, people use pen, ink and skill keep the records. In large business, modern accounting machines are used to operate. Men and women are directing these machines in the accounting process. Wise businessmen enter business must have some accounting knowledge.
The Benefits Of Being A Chartered Accountant. (2011, January 1). CAclubindia. Retrieved April 27, 2014, from http://www.caclubindia.com/forum/the-benefits-of-being-a-chartered-accountant-95764.asp#.U108h61dUdI