| For those who don't know, Accounting is the | | | | job can be very rewarding as well. The average |
| language of business and is needed now more | | | | salary for accountants as of March 9, 2009 is |
| than ever before. It is the backbone of all | | | | $51,000. This salary can change based on |
| businesses and therefore is a very broad | | | | company, location and industry. |
| subject. Today, there are more CEOs with | | | | Internal controls are important for a business to |
| degrees in accounting than any other area of | | | | control internal theft. Without a good set of |
| study. College students that are unsure which | | | | internal controls it would be too easy for |
| area of business they would like to study should | | | | employees to steal cash or even merchandise. |
| seriously consider accounting. Career | | | | An important aspect of internal controls that is |
| opportunities associated with a degree in | | | | important is separation of duties. This means |
| accounting are practically endless due to how | | | | that no one person performs all the jobs of a |
| broad the subject is. Job opportunities include | | | | company. This ensures that one person checks |
| public accounting, government, private industry | | | | someone else's work making it difficult to |
| and forensic accounting. There are also | | | | fabricate accounting data to steal money from |
| opportunities in tax preparation, cost management | | | | the company. Accounting provides a basis for |
| and even jobs with the FBI. Accounting | | | | these controls and checks to see if they are |
| opportunities are not limited to the ones named | | | | being enforced. |
| above. | | | | With accounting frauds becoming more and more |
| Another reason college students should consider | | | | of a problem there is more of a demand for |
| studying accounting is the condition of the | | | | people with accounting knowledge in the FBI. |
| economy. Due to the recession that our | | | | They need people who are able to decipher |
| economy is going through, many industries are | | | | financial statements and pick out bad accounting |
| cutting down on jobs. One area of business that | | | | form in order to uncover sophisticated accounting |
| is still thriving is accounting. Various businesses | | | | frauds. Accountants are also needed during trial |
| are realizing how important it is to cut down on | | | | to provide lawyers and prosecutors with |
| costs to make their business more profitable | | | | testimonial evidence. It can be a very exciting |
| during this time of economic crisis. They also | | | | and rewarding area of accounting. Many |
| realize how important it is to have strict set of | | | | accountants feel rewarded by uncovering and |
| internal controls to make their business more | | | | prosecuting those who try to profit from |
| efficient. The only way to ensure that both of | | | | manipulating financial data. With more and more |
| these can happen is through stringent | | | | accounting frauds being committed each year, |
| accounting. After reading this it should be no | | | | there is more of a need for strict audits by |
| surprise that accounting jobs may be on the | | | | accounting firms. This means more business for |
| rise. | | | | accounting firms and ultimately more jobs for |
| According to the American Institute of Certified | | | | accountants. |
| Public Accountants, 91% of accounting firms | | | | If you are a college student searching for a major |
| expect hiring to increase or at least remain the | | | | it would seem wise to pursue a degree in |
| same. This is great news for college graduates | | | | accounting. The opportunities that this degree |
| who are seeking a career in accounting. So | | | | can provide for you may be endless. You may |
| many college students have been worried that | | | | find yourself working for a large accounting firm |
| they may not have a job when they graduate | | | | or even owning your own private, small scale CPA |
| due to today's economic crisis. With a steady | | | | Firm. You may also become a CEO or a CFO of |
| rise in unemployment it is comforting to see that | | | | just about any company being that accounting is |
| there is still a high demand for accountants. | | | | the backbone of business. It is safe to say you |
| Job opportunities are not the only reason that | | | | can't go wrong with a degree in accounting. |
| college students should consider accounting. The | | | | |