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Accounting As A Major

441 words | 2 page(s)

The accounting major comprises a comprehensive study in theory of accounting, taxation, financial accounting and reporting, concepts of auditing, cost accounting and managerial, and business law. It is always considered the language and the basic tool of business. It is built on a wide background in liberal arts, humanities, business administration, and economics. The accounting program offers the fundamental background to sit for the Certified Management Accountant (C.M.A), Certified Public Accountant (C.P.A), and Certified Internal Auditor (C.I.A) examinations (Simons, 2002).

According to the survey conducted by the American Institute of Certified Public Accountants (AICPA) regarding the number of accounting students obtaining bachelor’s and master’s degrees has been an average of almost 60000 every year for over 20 years. According to AICPA, a total of 82177 accounting degrees were awarded in 2011 – 2012 school year representing a 19.7 percent rise in accounting graduates more than the previous survey. Over the course of 40 years when AICPA, the graduate and undergraduate degrees are at their peak (AICPA, 2013).

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A major in accounting helps people in their lives by providing them with basic skills required to pursue careers as financial controllers in multinational corporations, local, state and federal agencies, and public accounting firms (AICPA, 2012). Accounting helps in opening doors in various business related careers in the society. It can prepare an individual to become a partner in an accounting firm or pursue a career in financial management (College of Business Administration, 2014).

Accounting is a multipurpose sector for people who have a desire for development opportunities and professional growth. Starting accounting requires study business courses in high school, progress to college and take a major in accounting. Professional certifications such as CPA, CMA and CIA are complement the success of someone’s accountant career (Taylor, 2010).

Internships programs provide students who have qualified with a change to acquire professional employment experience that is related to their accounting academic background. Internships provides an increased confidence, responsibility, and maturity, and the opportunity to learn the business practical application that will enable students to establish their own firms in future and become their “own bosses” (Barizo, 2012).

    References
  • AICPA. (2013). Record-Setting Demand Projected for Accounting Graduates: AICPA Report. Retrieved 12 December 2014 from http://www.aicpa.org/
  • Barizo, D. (2012). Accounting Internships & Apprenticeships. Retrieved 12 December 2014 from http://www.accounting-degree.org
  • College of Business Administration. (2014). Why Major in Accounting? Retrieved 12 December 2014 from http://www.csulb.edu
  • Simons, K. (2002). Comprehensive Literature Review: Factors Influencing Choice Of Accounting As A Major. Retrieved 12 December 2014 abeweb.org/
  • Taylor, M. (2010). A Career in Accounting. Retrieved 12 December 2014 from http://www.wsj.com
  • AICPA. (2012). Accounting Offers More Career Opportunities: If You Know How to Find Them. Retrieved 12 December 2014 from http://blog.aicpa.org/

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