General Info
- work-life balance dependent on sections & “seasons,” ex. busier during 2 weeks before June, overtime lasts for 2.5 months
- typical day = review invoice, process payments, check contracts
- varies w type, collect money or service, bill to vendors
- reporting = review whole year's transactions, seen in accounts payable/receivable
- government (in department) vs. private business (work w clients)
Best "Fit"
- careful + precise w numbers, detail-oriented
- process is individual work, have to interpret for clients or ask questions
- interpersonal skills are needed for promotions
- to supervise staff, answer Qs and work in bigger depts.
1/3 each to private, top firms, government
Credentials (corporation)
- take professional accounting exam post-grad, not required in city
- entry-level needs CPA
- take management assistant, graduate from a 4 yr college, many go to grad school to get 150 credit hrs for CPA
Credentials (City)
- entry-level oral exam, taken 6 months before graduation, best for juniors/seniors in college
- taxation comes later, classes = business texts, book keeping, individual income tax, corporate (opt.)
- marketing + finance are also useful fields
consider tax accounting (accounting + law)
- there are also management accountants, which includes financial + nonfinancial information
- financial accountants = data entry, systems accounting, measuring financial performance for stakeholders