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My primary goal in life is to find a job in the field of finance. In exploring my dream job, I made use of two sources – Google site and the Occupational Outlook Handbook which is available online. Of the two sources, the Occupational Outlook Handbook is the most convenient to use and contains varied information concerning my dream job. It contains information about salary ranges, educational requirements, the work environment, and the future of the field. Through the Occupational Outlook Handbook, I became more interested about my dream job and I also became more eager to chase for my dream career.
In particular, I imagine myself working as an accountant. Accountants prepare financial records. They make sure that all records are precise. They also evaluate financial operations and function to assist in helping the organizations work efficiently. Accountants perform various administrative roles in the company’s operations. In a small industry, an account may collect financial data, encode and report the data gathered. For middle sized and big sized companies, accountants serve as financial interpreter and adviser.
For me to turn my dream job into a reality, I must have a degree in accounting or other financial field. Some big companies prefer employees who have master’s degree in accounting. Colleges and universities seldom offer courses related to auditing so graduates of financial courses are usually considered for the auditing job. A Certified Public Accountant is the only one qualified to file a report with the Securities and Exchange Commission. They obtain their license by passing the state’s Board of Accountancy. All states require candidates for CPA to accomplish 150 semester hours of coursework in college in order to be certified.
In 2012, the median yearly wage for accountants was $63,550. Median wage pertains to the salary or pay at which 50% of the workers in an employment earned greater than that amount and 50% earned less. The bottom 10% earned less than $39,930 and the 10% on top earned over $111,510. The table below shows the median annual wages for my dream job in the top 5 industries where they I may possibly be employed:
In 2012, majority of the accounts worked full time. My dream job will give me 40 hours per week. Employment is expected to increase by 13% between 2012 and 2022. This is just as quick as the average of other employment. Typically, increased in the employment of accountants is projected to be proximate to the health of the economy. As the economy increases, accountants are also needed to carefully examine all financial records. There has also been extreme focus on accounting due to various corporate scandals that happened in the past as well as the economic recession that happened in the past. Stricter policies in the financial sector will increase the need for accounting services as companies seek to conform to the new standards. As for lending, stricter standards will also be implemented as this is the only way for companies to display creditworthiness. Lastly, with my dream job, I will be working in a big office where the tables and chairs are exactly the same with the tables and chairs of those in executive positions. I will be wearing nice formal office attire and will be receiving a big salary every pay day.
References
Accountants and Auditors : Occupational Outlook Handbook: : U.S. Bureau of Labor Statistics. (n.d.). U.S. Bureau of Labor Statistics. Retrieved May 31, 2014, from http://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm#tab-1
Davis, S. (n.d.). What Role Does an Accountant Play in Business Operations?. Small Business. Retrieved May 31, 2014, from http://smallbusiness.chron.com/role-accountant-play-business-operations-411.html