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).
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)
Personal Financial Advisor
Consumer Credit Officer
Tax Compliance Specialist
Applicable UCCS Graduate Programs:
Masters of Arts in Communication
Median Annual Earnings for Accountants: $47,000
Median Annual Earnings Working for:
Accounting, tax preparation, bookkeeping, and payroll services
Management of companies and enterprises
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
A-Counting Club (ACC)
AYI Investment Club
Delta Sigma Pi (Co-ed Professional Business Fraternity)
For More Informationwww.careers-in-finance.com