ACCOUNTING
General Information:
Accounting or Accountancy (in British) is the measurement of company profits, assets, income, and so on, and disclosure of that information to allow managers and shareholders to make resource-allocation decisions.
Financial accounting is one branch of accounting and involves processes by which financial information about a business is recorded, classified, summarized, interpreted, and communicated.
Auditing, a related but separate discipline, is the process whereby an independent auditor examines an organization's financial statements in order to express an opinion -- that conveys reasonable but not absolute assurance -- as to the fairness and adherence to GAAP Standards (Generally Accepted Accounting Principles).


Career Possibilities:
Not only does an accounting degree open the doors to many accounting careers, the concepts learned in the program are also great assets when working in other fields such as project management:

Certified Internal Auditor (CIA)
Certified Public Accountant (CPAs)
Certified Management Accountant (CMA)
Government Accountant
Financial Analyst
Personal Financial Advisor
Budget Planner
Bookkeeper
Financial Clerk
Forensic Accounting
IRS Investigator
Payroll/Benefits Administrator
Loan Administrator
Claim Adjuster
Consumer Credit Officer
EDP Auditor
FBI Agent
Tax Compliance Specialist
Property Accountant

Applicable UCCS Graduate Programs:
Masters of Arts in Communication

M.B.A.

Distance M.B.A.


Statistics:

Median Annual Earnings for Accountants: $47,000

Median Annual Earnings Working for:

Federal Government

$51,070

Accounting, tax preparation, bookkeeping, and payroll services

49,520

Management of companies and enterprises

49,110

Local government

44,690

State government

42,680

Bachelor's degree candidates in accounting starting offers average: $40,647 Master's degree candidates in accounting starting offer average: $42,241

1 year of experience: between $29,500 and $40,500.

1 to 3 years of experience: between $34,000 and $49,500.

Senior accountants and auditors: between $41,000 and $61,500;

Directors of accounting: between $66,750 and $197,500 a year

Federal Govt starting annual salary for junior accountants/auditors: $23,442

Candidates with a superior academic record: $29,037

Applicants with a Master's degree or 2 years of experience: $35,519


UCCS Clubs:
A-Counting Club (ACC)
AYI Investment Club
Delta Sigma Pi (Co-ed Professional Business Fraternity)


For More Information

www.careers-in-finance.com
www.accounting.com
www.careers-in-accounting.com
www.aicpa.org