What is Accounting?
Accounting in general is a profession that monitors, quantifies, qualifies, and records financial matters arising from personal, corporate or government affairs.
Because the movement of money, goods, and services touch virtually every aspect of our lives, it will come as no surprise that there are many different types of accounting specialties and therefore accounting degrees.
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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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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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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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Powerful Enough to Take on the Mob
When it comes to "butt-kicking" careers, accountants are usually at the bottom of many people's lists. Many think of them as number crunchers who fill in forms, process paperwork, and lead relatively dull existences. But in fact, accountants perform a whole range of duties. And their importance is never to be downplayed. Ever since Al Capone was sent to jail for tax evasion, the government has relied on accountants and auditors to keep tabs on troublemakers; including those in the government.
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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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