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Career Summary

An accountant analyzes financial information and prepares financial reports to maintain records of assets, liabilities, profits, losses, taxes, and other financial activities within an organization. A bachelor's degree in accounting or a related field is typically required, with the degree program taking 4-5 years. While a bachelor's degree qualifies one for entry-level accounting work, higher degrees or an MBA can lead to more advanced positions. The median salary for accountants is $67,190 annually, with the lowest 10% earning less than $41,400 and highest 10% over $118,930. The job outlook over the next five years projects over 50,000 openings as the field experiences both growth and turnover.

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59 views1 page

Career Summary

An accountant analyzes financial information and prepares financial reports to maintain records of assets, liabilities, profits, losses, taxes, and other financial activities within an organization. A bachelor's degree in accounting or a related field is typically required, with the degree program taking 4-5 years. While a bachelor's degree qualifies one for entry-level accounting work, higher degrees or an MBA can lead to more advanced positions. The median salary for accountants is $67,190 annually, with the lowest 10% earning less than $41,400 and highest 10% over $118,930. The job outlook over the next five years projects over 50,000 openings as the field experiences both growth and turnover.

Uploaded by

api-319853568
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Career Summary

Description: An accountant analyze financial information and prepare financial reports to


determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial
activities within an organization.
Skills and Education: You need your bachelor's degree: Completion of the degree program
generally requires at least 4 years but not more than 5 years of full-time equivalent academic
work. Accounting, and the closely related field of auditing, typically requires that you have at
least a bachelor's degree in accounting or a similar field, such as finance. A bachelor's degree
usually qualifies you for work as an office accountant or bookkeeper. In many cases, a master's
degree in accounting can lead to higher-caliber and higher-paying jobs in larger organizations or
in private practice. Additionally, an MBA with accounting emphasis may qualify you for a
management position or senior-level accounting job
Money/Salary: The median annual wage for accountants and auditors was $67,190 in May
2015. The median wage is the wage at which half the workers in an occupation earned more
than that amount and half earned less. The lowest 10 percent earned less than $41,400, and
the highest 10 percent earned more than $118,930.
Future Job Outlook: The future job outlook over the five years to November 2019, the number
of job openings for Accountants is expected to be high greater than 50,000. Job openings count
both employment growth and turnover defined as workers leaving their occupation for other
employment or leaving the workforce.

Sources:
http://www.texascaresonline.com/profile/occdata.asp?onetcode=13-2011.01
https://www.google.com/#safe=strict&q=what+is+the+future+job+outlook+for+accountant
https://www.google.com/#safe=strict&q=how+much+does+an+accountant+make
http://classroom.synonym.com/skills-education-needed-accounting-1759.html
http://data.bls.gov/search/query/results?cx=013738036195919377644%3A6ih0hfrgl50&q=acc
ountant

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