𝐎𝐏𝐏𝐎𝐑𝐓𝐔𝐍𝐈𝐓𝐈𝐄𝐒 𝐅𝐎𝐑 𝐀𝐂𝐂𝐎𝐔𝐍𝐓𝐀𝐍𝐓𝐒!

Numerous career opportunities are available for students majoring in accounting. Currently, the demand for accountants exceeds the number of new graduates entering the job market. This is partly due to the increased regulation of business caused by the accounting and business frauds shown in attached picture. Also, more and more businesses have come to recognize the importance and value of accounting information.

As indicated earlier, accountants employed by a business are employed in private accounting. Private accountants have a variety of possible career options within a company. Accountants who provide audit services, called auditors, verify the accuracy of financial records, accounts, and systems. Accountants and their staff who provide services on a fee basis are said to be employed in public accounting. In public accounting, an accountant may practice as an individual or as a member of a public accounting firm. Public accountants who have met a state’s education, experience, and examination requirements may become Certified Public Accountants (CPAs). CPAs typically perform general accounting, audit, or tax services. CPAs have slightly better starting salaries than private accountants. Career statistics indicate, however, that these salary differences tend to disappear over time. Because all functions within a business use accounting information, experience in private or public accounting provides a solid foundation for a career. Many posi¬tions in industry and in government agencies are held by individuals with accounting backgrounds.