Accountants and Auditors are responsible for the preparation and examination of financial records for a company. As the Bureau of Labor Statistics (BLS) notes in the figures above, a large number of people are employed as accountants and auditors, with that number expected to increase in the next decade. Their primary objective is to ensure the accuracy of the financial records and that taxes are paid punctually and properly.
In addition to preparing and examining financial information, accountants and auditors must be able to communicate their findings to managers and clients through written and verbal reports:
- Ensure financial statements are accurate and in compliance with laws and regulations
- Compute and process taxes properly and punctually
- Inspect account books and accounting systems for efficiency and appropriate accounting procedures
- Suggest best-practices to management for ways to reduce costs, enhance revenues, and improve profits
Depending on the organization type, accountant and auditor jobs may specialize in assurance services, risk management, or other related areas. There are four specific types of accountants and auditors as well: public accountants, management accountants, government accountants, and internal auditors. Each of these capacities addresses a different aspect of a company's finances, such as forensic accounting, budgeting and performance evaluation, government record keeping, and identifying mismanagement of an organization's funds. Because these needs are diverse and necessary to ever business, the demand for accountants and auditors is increasing 16%, according to the Bureau of Labor Statistics (BLS).Read More
This organization is the worldwid association for accountants and financial professionals in the business industry. The IMA has more than 65,000 members and is committed to helping expand professional skills and improve organizations.
The American Institute of CPAs is a central location for information and business opportunities related to Certified Public Accounting.
Promoting worldwide excellence in accounting education, the American Accounting Association (AAA) was fuonded in 1916 and is a voluntary organization of people interested in accounting education and research.
The Professional Accounting Society of America is designed for enry- and mid-level professionals currently employed at public accounting firms in America. The PASA site lists accounting jobs, society news, and membership is free.
The National Society of Accountants (NSA) strives to provide national leadership and member success within accountancy and taxation professions.
The International Federation of Accountants seeks to enable the global accountancy profession to become recognized as a valued leader for sustainable organizations, economies, and financial markets.
This accrediting organization is responsible for promoting higher standards of quality for business schools and programs as well as offering accounting program accreditation.
The Whitman School of Management will be hosting this career fiar for accounting, finance, marketing and retail, and supply chain careers.
This workshop is designed for certified professional accountants and covers topics such as expanding enterprise-wide risk oversight and related risks and opportunities.
The 65th annual Public Accountants Society of Colorado convention brings accountant professionals together and discusses the latest discoveries and changes in the industry …
This conference provides networking opportunities for business professionals to acquire industry knowledge and stay current on the latest changes in professional trends and …
Ohio State University is hosting the Fisher accounting career fair to connect accounting majors with job opportunities in the industry.
Earn 150 college credit hours (or bachelor's degree and one year of college or a master's degree). This requirement excludes California.
Take examination to become Certified Public Accountant
Entry-level accounting professional resume
Senior accounting resume
Accounting internship resume
Job Growth for
- Annual Pay National Average
- Hourly Pay National Average
|District of Columbia||10,210||$87,370||$42|
Becoming an Accountant and Auditor
Becoming an accountant or auditor requires the right educational background, proper licensure and certification, and adequate experience in the industry in most cases. In terms of education, accountants and auditors need to have a bachelor's degree at minimum but preference is usually granted to those with a master's degree. Accountants filing reports with the Securities and Exchange Commission (SEC) are required by law to hold Certified Public Accountant (CPA) licensure, but gaining that designation can be a strategic move for enhancing job prospects as well. Most states require candidates to have adequate experience in the field prior to applying for a CPA license, which can be gained through internships with public accounting or business firms, or by working as a junior internal auditor.
The recommended major for both accountants and auditors is an accounting degree, but related fields such as business management, internal auditing, and business administration will also be adequate. Because there is usually a preference to hire accountants and auditors with graduate degrees, a Master of Business Administration (MBA) can be a strategic choice for students seeking better careers in accounting and auditing. Even if the major isn't specifically related to business, students can incorporate the right classes to supplement their degree program that will give them the preparation and foundation they would need to satisfy the job requirements for accounting and auditing careers:
- Federal Tax
- Business Math
- Business Law
In addition to earning CPA licensure, accountants and auditors can gain a significant advantage in the competition for accountant and auditor jobs with certification. There are several different types of certification that accountants and auditors can achieve. The Institute of Management Accountants provides the Certified Management Accountant (CMA) certification to applicants with a bachelor's degree and at least two years of management accounting experience. The Certified Internal Auditor (CIA) certification offered by the Institute of Internal Auditors (IIA) is granted to college graduates with two years of experience in internal auditing. The Bureau of Labor Statistics (BLS) lists several other options for certification for accountants and auditors.