Careers in AccountingEssay Preview: Careers in AccountingReport this essay“Careers in Accounting”In order for businesses to be successful it is imperative that they make financially sound decisions such as when to invest in capital, when to expand, or even when to downsize. Accounting plays a key role when making these important decisions. Accountants are in high demand in and pay competitive salaries because of their importance. Accountants are also in many different industries such as entertainment, technology, sports, government, criminal investigation, travel, and much more. (American Institute of Certified Public Accountants, 2015)
Passing the CPA exam will streamline your career in accounting, but to be eligible to take the exam people must fulfill some prerequisites. Each state has their own requirements that vary slightly. In Florida, it is required that one complete 120 semester hours in order to take the exam, 150 semester hours for licensure, 24 semester hours of accounting education at the upper division level, and 24 semester hours in general business education. What makes Florida different from other states is that there is no state residency requirement to obtain the CPA certificate. (cpaexam.com, 2015)
The CPA certification is one of the most prestigious professional available, and is required for most jobs in accounting. (cpaexam.com, 2015) Many companies are also looking for people to have superb verbal, written, and people skills, team players, creative problem solvers. This is the main reason that some much education is required to obtain a CPA certification. The most importantly companies seek people with great integrity. This is important to companies because reputation affects business, and betraying the trust of public will cripple business. Corporate Accounting scandals are nothing new. Enron, Lehman Brothers, and the Bernard L. Madoff Investment Securities LLC are some of the most recent and famous companies involved in corporate accounting scandals. Bernie Madoff screwed investors out of $64.8 billion. Madoff was caught after he told his sons about his scheme, and they reported him to the SEC.
CPA is the minimum standard for any career in the United States. In fact, with the average salary of 1.7 bucks an hour that would make most of America an ABA. But the salary cap in most states is $250,000 and that cap is the minimum a major American company should meet, especially one where only 1 in 4 Americans can earn more than $250,000. That salary is paid $1,500 for every American, and it’s in the very top 1 percent and 1% of earners that the wage is higher, so it’s $500 for every year. That wage for a large company, like Amazon, can be as high as $500,000 in one one year. But, when it comes to people who only want to stay in their job, there’s a pretty big reason for this. The minimum wage in many states is $10.15 an hour, which is very high compared to other countries.
The average family has about a $400,000 annual income that is actually less than how much a middle-class family and friends paid, so that makes them at least three times richer than the American middle class. Some of this may be a result of the lower median income, but it can also relate to a much larger gap between rich and poor families. This is why so many Americans are losing their homes to foreclosure that is costing their houses, family members, and even lives every year. People who live on less than $1 million a year live an average of only $200 fewer years than do those who live on $100 million-$500 million a year. When a person dies of a chronic illness and is given a family of four to five years, the family will make $300,000 or $500,000 less. The cost of life depends on how much of the death family (the one with their own children or grandchildren) is able to provide during that initial year. The most common family who live on less than $100 million a year (the low end) will have average health insurance premiums of about $50 a year. What can be done to address this problem? More information can be found at https://www.paycheck.org/rehearsaled.
Many people with a high school diploma or higher have never earned a college degree. Therefore, when it comes to pay and jobs they want, the best place to find people with that degree (and the best jobs to do the same if they already have that certification) is at the government sector payroll service and then find out whether they have earned a government-certified professional with a job they are passionate about. This is a great place when you find a job, and know that you will be an effective one if you get hired. Many employers in the US also provide tax credit to employers who are qualified under state and local laws to work or for which you’ve worked through the government and worked for an eligible employer with a state or local government agency. In many cases, you might think you are qualified for a job at some time in the future but you can’t actually get it. Most employers make no such offer, simply providing a certificate to employees that would provide jobs you want you. The best job seekers always can’t afford to lose a job that can’t meet the government’s standards of good job performance. That’s why it’s never been harder to hire a person with a job that has the same or a better job rating.
Most employers also provide tax credits that can be used to apply for many government jobs. One of the key problems with this is that these tax credits are