Considering a career in accounting? You have several choices you can look at before making a decision as to which way you might decide to tread. There are several fields you can consider with auditing probably being the most prestigious of all. Even though you could look at bookkeeping, accounts receivable, and payable and several other area you could try. However auditing is probably the most visible.
If you choose the auditing field, you can do a lot to help big companies keeping all the stuff that goes on in proper order. However you can become a government auditior for the IRS, or other government areas. If you become a government auditor you have got to learn to shed the hatred and resentment that comes with especially the IRS area of auditing.
The increase in auditing jobs will grow a huge amount in coming years. So it might a better field to be involved with. If your taste excludes the Government and IRS auditing positions. Still most all Companies must have certified Audits on a regular basis. The larger companies must have a full time in house auditors. So as you can see the field is not shy on needed personnel.
Most Auditors are advanced as well as full fledge accountants. This is they way you would move up your companies ladder by doing a superb job in the field you start working in, then as positions higher open up, you are able to move up if you are doing a super nice job in your present position.
If you are an auditor, you main job consists of examining and verifying all the corroborating statements. Examining all the financial statements, making sure everything adds up as well as balances. When the figures do not balance, there has to be a reason why? It is the auditors job to find out why not and what must be done to prevent future mistakes from happening.
If you are an auditor, you have to be constantly on the lookout for the well being of your company tax records. Also to be able to legally avoid tax liability for the company. However if you are an auditor for the government, you are constantly searching for areas and steps that companies and individuals have taken to avoid taxes, some legal and some illegal. When tax returns are filed that appear to be erroneous you have to scrutinize them in every area. It is your job as a government auditor to make sure that all taxes due are paid and to leave no loopholes open that should not be.
As many businesses at times file tax returns with a lot more expenses than a company of that nature should have. Then its time for the auditor to determine, if these expenses are correct and proper. If these expenses and receipts do not meet the tax code criteria, the companies can face harsh penalties and fines. Thus the reason that most government auditors are disliked to the point of being hated and are given very bad reputations. It cannot be avoided. You have no choice but to do your job properly.
You will discover that being a government auditor is probably one of the top career positions you can hold. When you are in this position it is your responsibility to ascertain that people file tax returns properly and responsibly in order to avoid cheating the tax man.
An auditor must be able to decipher the different technologies being used by different companies these days. No more sitting all day crunching numbers by hand, you must be trained on all the latest machines and technology being used by the various companies you will come into contact with on a daily basis. The government auditor must always be prepared to present his findings in court cases. There can be no guessing nor supposing when this happens. Thus the reason for the government auditors higher pay.
In the event you decide you might like being a company auditor you will need at least a bachelor of science degree in accounting. If you proceed on and get your Masters Degree there will be still considerably more job opportunities that are open to you. In a lot of cases you will need to be certified, in some states no certification is required, depends on where your located, call them and find out what you will need.
If you are young and just out of college you can count on starting out in the $35000 range, as you gain more experience you can move up a good bit. Most company Auditors are in the neighborhood of 50 to $60000 per year. A lot of the Auditors especially the Senior auditors are earning as much as $80 thousand per year. So as you can see being an Auditor is not a lowly paid career. Some earn big money. Do not worry about the starting salaries, it is the ending ones that really count.
Despite the fact that most of the government auditors have poor reputations, if you believe it is something you are cut for. If you love crunching the numbers. You know you will have a good job and career. Why would you really care what others think and say as long as you do the best job you can possibly do. Do your job properly and you will be rewarded properly this is the main reason for choosing an accountancy career to begin with.
Jim Woodall has 49years business exp. He is in Internet and Affiliate marketing. Get your 3 FREE ebooks NO OBLIGATION visit the site at [http://www.freegiveaways.jwoodl.com/index.html]
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