About 1.3 million accountants and auditors work throughout private industry and government, with over 20 percent of them employed by accounting, tax preparation, bookkeeping, and payroll services firms. Nearly one in ten are self-employed, and some teach part time in addition to their primary job.
The increasing popularity of tax preparation firms and computer software will [...]
Training and Advancement
In the aftermath of the accounting scandals, professional certification is even more important to ensure that accountants’ credentials and knowledge of ethics are sound. Applicants with a master’s degree in accounting or an MBA with a concentration in accounting have an advantage in the job market along with those having expertise in specialized [...]
Accountants help ensure that companies are run efficiently, their public records are accurate, and that tax liabilities are paid on time. They analyze and communicate financial information for private corporations, individuals, and government agencies. Many accountants also offer personal budget analysis, financial and investment planning, asset management, retirement planning, technology consulting, and limited legal services.
Specific [...]
The Wall Street Journal reports:
Outside a handful of majors — engineering and some of the sciences — a bachelor’s degree tells an employer nothing except that the applicant has a certain amount of intellectual ability and perseverance. Even a degree in a vocational major like business administration can mean anything from a solid base of [...]
The accounting scandals of the past decade put a spotlight on the critical role that accountants play in protecting employees and the general public against corporate fraud and malfeasance. Congressional legislation to prevent future WorldCom and Enron-type meltdowns, particularly the Sarbanes-Oxley Act of 2002, forced the government and private industry to expand their employment of [...]
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