Accounting Career Research Paper

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Occupation I am researching the career of a corporate accountant. I am interested in this career because I really enjoy accounting, however I do not wish to do public accounting, which is for the most part assembling tax returns for the general public and being in meetings. I love the accounting standards and I love the feeling of getting a balance sheet to balance, so I figure doing financial statements for a business is where I may want to end up. Description A corporate accountant prepares financial statements for the organization, checks the accuracy of the financial statements to ensure they comply with the GAAP (Generally Accepted Accounting Principles), and makes a budget for the company and ensures they follow the budget. There are a lot …show more content…

A few of the perks of being a corporate accountant (as opposed to a public one) include being able to work in a business of (hopefully) your choice, a better work/life balance as tax season barely applies to you, consistency in your work, and bonus incentives since employers are trying to attract accountants to work for them rather than at a firm. These bonuses can include stock options, annual monetary bonuses, and a pension. There are a few downsides however, as with all things. One of the major ones is that it is a desk job, and because of this, accountants are not getting any physical activity and could be slouching in their chair all day which is bad for their health. Generally they do not travel and their work can be considered a little less stressful than that of public accountants. It is typically a nine-to-five job, so working weekends and overtime is rare. The major association with this field of work is the CPA (Chartered Professional Accountant) designation. It is required only for public accounting, but if you have a CPA designation as a corporate accountant it can raise your salary and increase the amount of job security you

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