Your Smart Career Move for a Slow Economy
When money is tight, budgeting is crucial. When money flows, budgeting is crucial. In other words, accounting is one of those rare career fields that flourishes regardless of how the economy is fairing.
If you enjoy working with numbers or if you've ever considered launching a career in business, then accounting is a professional field worth exploring. And there's no better time to get started.
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Featured Accounting Schools
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Whether you’re seeking an associate’s, bachelor’s, master’s or doctoral degree, University of Phoenix can help you reach your goal much sooner than you might expect. Programs: BS in Business/Accounting BS in Business/Finance MBA/Accounting Single Courses - Finance Request More Information >
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The Top 3 Reasons to Work in Accounting
Accountants are in higher demand these days. Here are 3 great reasons to help meet it:
1. A Clear Career Path
Although no career path is exactly black and white, a career in accounting can be more focused than other careers. You know you need a 4-year degree; that's a given. After college, you can enter the workforce directly at an accounting firm, private company, or governmental branch, or you can pursue higher education, like a CPA, CFP, or Master's degree. You can eventually start your own accounting business or consultancy, work at an established accounting firm, or decide which industry interests you the most and work for any number of companies.
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Accountants Are Proving to be Especially Important in this Economic Downturn
A critical area of employment in any company throughout the U.S. is the accounting function. As an accountant, you are expected to understand all aspects of bookkeeping, which includes complying with state and federal regulations, classifying and coding records according to proper categories such as accounts payable, accounts receivable, maintaining journals, and general ledgers.
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Forensic Accounting Degree
What is Forensic Accounting?
Forensic accounting is a specifically defined area of accountancy that concerns the link between accountancy and criminal activity. Typically, you may be involved with investigating accounts and accounting practices to pick up crimes such as embezzlement, fraud, and money laundering. More often than not criminals in general, and organized crime gangs, in particular will be using methods of laundering large volumes of money gained from their criminal practices.
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Popular Accounting Software
When it comes to money management, we all want to make informed business decisions, reduce errors, and save time. From entry-level products for home use to e-enabled total management systems for large business, various accounting software suites are available to meet every user’s needs.
Home Use
If you’re simply interested in paying your bills, balancing your books, and managing your budget, a low-end accounting software suite would be suitable for general business accounting functions. For example, some programs provide a chart of accounts/general ledger, and allow you to generate basic financial reports and customize balance sheets.
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