A powerpoint slide about career in accounting which is delivered 8th semester(July-Dec'2018). This presentation contain What is accounting, why we can choose an accounting career and how much money we are getting from each positions. Its prepared by me, so forgive any kind of mistakes. Thanks.

1. Career in Accounting
Sajjad Hosen,
ID No: 1424037
Dept: Accounting
Faculty of Business Administration,
BGC Trust University Bangladesh

2. Careers in Accounting
A career in accounting means you will
have the opportunity to work within
almost any industry imaginable.
Compensation varies according to level
of education, certification and
specializations, but in general,
accountants are well paid.

3. What does an accountant do?
• Examine statements to ensure accuracy
• Ensure that statements and records comply
with laws and regulations
• Compute taxes owed, prepare tax returns,
ensure prompt payment
• Inspect account books and accounting systems
to keep up to date
• Organize and maintain financial records

4. Hierarchy of
Accounting Career

8. Education for Accountant
Bachelor’s
degree
Master
degree
Associates
degree

9. Associate’s Degree: Most students will get a 2
years associates in accounting or 1-year diploma
in accounting from a community college, and
that’s all most people will need to get a
bookkeeping job, or a job as an accountant’s
assistant. While it’s limited in terms of
opportunities, students who graduate with an
associate’s can transfer for a bachelor’s degree
at a local university.

10. Bachelor’s Degree: Most universities offer
bachelor’s degree in accounting program that
require a minimum of at least 120 credit hours. A
large amount of these classes will focus on
accounting, business strategy and general education
courses. As the most common type of degree,
students can land auditing, financial planning,
consulting and technical accounting jobs. Most
students can graduate within four to five years.

11. Master’s Degree: The best can help prepare a
student become a certified public accountant,
either to work in their own firm, or to work for a
corporation; to qualify for managerial degrees, a
master’s may be necessary. Masters degrees
usually require two years beyond a bachelor’s
degree, but many universities are developing
4+1 programs that allow students to complete
the master’s in just one extra year.

12. Ethics for Accountant
• Integrity
• Objectivity
• Independence
• Due care in relationship to your role as an
accountant
• Confidentiality

13. What degree program can
accountant can take??
• Certified Public Accountant Degree
• Certified Management Accountant
Certification

14. Skills You Need to Become a Good
Accountant
• Innovation
• Understanding
• Communication
• Commercial Awareness
• Enthusiasm
• Initiative
• International work experience

15. How can I find a job as an accountant?
• The key to finding a job in accounting is
experience. Even a junior-level position can
require two to three years of accounting
experience. If you don’t yet have any experience,
consider seeking internships or entry-level clerical
work.
• You can search for jobs with accounting
consulting firms, but you may also find
opportunities working in government, education,
or health care

16. What are the long term career prospects
for accountants?
• The Bureau of Labor Statistics projects that
employment of accountants and auditors will
increase 16 percent between 2010 and 2020,
compared to 14 percent growth for all other
occupations during that time period.

17. What does an accountant earn?
• According to the US Bureau of Labor Statistics,
the median pay for all accountants was
$61,690 in 2010. The top 10 percent of
earners in this field made more than $106,880
that year, while the lowest 10 percent made
less than $38,940.

18. What are the job prospects?
• Accountants and auditors find themselves on
many yearly “top jobs” lists such as those
produced by Forbes, Yahoo!, and CNN.
• According to a job outlook survey conducted
by the National Association of Colleges and
Employers, 51 percent of responding
employers were planning on hiring accounting
graduates in 2013.

19. Some Accounting Jobs

20. Primary Responsibilities:
 Set benchmarks to measure performance
 Manage the preparation of all financial reports, forecasts, and white papers
 Prepare financial analysis for contract negotiations and investment
decisions
 Work with department managers to develop long-term plans
Median Salary: $132,890

22. Finance Director
• Primary Responsibilities:
• Direct financial policies for companies and
groups
• Oversees all financial functions including
accounting, budget, credit, insurance, tax, and
treasury
• Median Salary: $110,050

23. Senior Financial Analyst
Primary Responsibilities:
 Presides over a team of lower-level
financial analysts
 Prepares reports for director of finance,
VP of Finance, and/or CFO
 Prepare financial forecasts and make
recommendation for future plans
 Prepare and review financial reports for
white papers or publication

24. Accounting Software Developer
Primary Responsibilities:
 Research and analyze the
technological needs of
accounting
 Design programs to meet
specific needs
 Lead a development team to
program tools for accounting
and finance

25. Accounting Manager
A major corporation, financial institution, or government
agency that requires a whole accounting department,
someone has to lead. That’s the Accounting Manager.
Most often, the manager of an accounting department
has been an accountant themselves, so an effective
manager will know and understand everything the
accountants are doing, from bookkeeping to audits to
quarterly and annual reports. Ideally, the manager will
also have a knack for leadership and teamwork, because
accounting is a team sport these days.

26. Accounting Professor
Primary Responsibilities:
 Teach accounting courses
 Perform original research and
publish studies in the field
 Advise students, especially
graduate students
 Serve on committees and other
service roles

27. Forensic Accountant
Primary Responsibilities:
• Analyze financial reports for irregularities
• Design fraud protection procedures
• Investigate financial wrongdoing
• Testify and present evidence in court

28. Tax Accountant
Primary Responsibilities:
• Prepare and file income tax returns
• Advice clients or employers of ways to limit
tax liability
• File extensions and ensure payment of late
fines

29. Auditor
Primary Responsibilities:
• Streamline financial record-keeping
• Assess accuracy of financial statements and
reconcile errors
• Review and advise clients or employers on
accounting procedures
• Provide counsel on in the case of external
audits

30. Cost Accountant
Primary Responsibilities:
• Researching and analyzing costs of production
• Reporting on findings to managers and executives
• Developing plans for lowering costs
• To get a job as a Cost Accountant, you’ll need at least a
bachelor’s degree in accounting, forensic accounting,
accounting information technology, or a related field.
The job requires a lot of information and data
processing, so advanced computer skills will be
essential.
Median Salary: $54,600

31. And more…..
• International Tax Manager
• Corporate Controller
• Accounting Information Technology Manager
• Budget Analyst
• Cost Estimator
• Government Accountant

32. Thank You