The Importance Of Professional Accounting

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Many college students obtaining their bachelor’s degree have a total of 120 credit hours, however, if a student is trying to obtain their Certified Public Accountant (CPA) license than they must have 150 credit hours. In order to have 150 credit hours, a student must take approximately of 10-3 credit hour courses after graduation. After completing the additional 30 credit hours, one must then sit for the CPA Exam. The CPA Exam is a total of 14 hours and includes 4 sections, including: auditing and attestation, business environment and concepts, financial accounting and reporting, and regulation. One must complete and pass all four sections within 18 months. A passing score is a 75.

One may work as an accountant without their CPA license, …show more content…

Joining professional accounting organizations looks good to employers and colleagues due to the prestige of such organizations.
One accounting organization that is both reputable and popular is the American Institute for Certified Public Accountants (AICPA). Accountants who are members of the AICPA are offered a multitude of benefits, such as professional guidance, development, a sense of community, a wide array of discounts, as well as access to accounting trade journals.
Another well known accounting organization is the American Accounting Association (AAA), which has been around for over a hundred years. This organization provides accountants with useful information regarding research and practice. Being a member of AAA gives accountants access to accounting trade journals with valuable information.
Senior Accountant: Becoming a senior accountant is a promising step in the promotional ladder. Senior accountants have more responsibilities than staff or junior level accountants. Senior accountants are responsible for preparing financial documents, assisting with monthly reconciliations, and assisting with …show more content…

Partner is one of the highest positions an accountant can hold within a company and are also co-owners of the company.

There are many skills that one acquires by working in the accounting profession that are both important for current employers, but for future employers as well. Such skills are as followed:

Analytical/Research Skills: Working as an accountant requires strong analytical skills as accountants’ must analyze important financial figures and charts, as well as complete thorough research and organize financial data.

Integrity: Due to the nature of confidentiality surrounding the accounting profession, accountants must work with the highest integrity and ethical standard. Accountants must stay loyal to both their company and their customers.

Computer and Technical Literacy: Accountants do most of their work on the computer, so they must understand the basic functions of computers and how to operate certain accounting software. In addition to this, accountants must be able to adapt to technological advances and

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