Careers in Accounting
The first career option for the professional with the accounting education is the audit and assurance job. The main reason for the auditing job is that it is related to the accounting standards such as IAS, IFRS and US GAAP. The main responsibility of the auditor is to inspect and review the annual financial statements of the company. Therefore, due to the professionalism, integrity and the competence level of the accountants, the professionals with the accountancy knowledge can pursue as the professional accountant. (Mally, 2015)
Another career option for the professionals with the accounting education is the asset manager or the wealth manager. The main duties of the asset manager are to account for the assets of the business. For example, if the main line of business is property dealings, then the accountants can apply the proper accounting standards to revalue the assets of the business effectively. (Mally, 2015)
The accounting position of the payroll clerk or payroll accountant is the essential position in every organization. The skill required to be a payroll accountant is to have the knowledge of accounting rules, required knowledge of taxations and the skills to deal with the bank and cash. However, due to the nature of work, the accountants are the liability for the business because the accountant normally doesn't contribute to the profitability or enhancement of the business as compared to the finance professionals. Therefore, it is very important for the accountants to learn or improve their skills as an accountant and other relevant operations of the business to increase their worth in the business. For example, if an accountant is preparing salary accounts and contributing in the hiring process, then such accountants will be more valuable to the business. (Prince, 2015)
References
Mally, A. (2015, January 20). The future of the accounting profession – it's all a matter of trust.
Retrieved February 01, 2017, from http://www.theaccountant-online.com/blog/the-future-of-the-accounting-profession-its-all-a-matter-of-trust/
Prince, R. A. (2015, January 21). The Future Of The Accounting Industry In 2015. Retrieved
