Accounting - myFootpath

The Basics
Accountants track the income and expenses of a business over time. They ensure that the financial aspects of business–or in a large company, the accounting department — run efficiently.  Accountants make sure a company’s financial records are kept accurately, and taxes are paid correctly and on time. Accountants perform a variety of tasks including analyzing financial statements and budgets, setting up new accounts, cost analysis and control, tax issues, and negotiations with other companies.

Where do I Begin?
A Bachelor’s degree in Accounting will prepare you to take the CPA (Certified Public Accountant) exam.

Featured Online Schools for Accounting Degrees:

• Colorado Technical University - Request Information
• South University – Request Information
• Strayer University – Request Information
  
• Virginia College – Request Information
  

Compatible Personality Traits
Problem-solver, strong analytical and computer skills, extremely organized, patient, persistent, works well with others

Q&A
Q: I would like to major in Business Management to give me a more general background, but I would also like to minor in accounting. Would you suggest this to be a smart decision?
A: It all depends on what you ultimately want to do. If you want to be an accountant and work at a firm, I would say major in accounting and minor in business management. Larger and medium size firms expect the people they hire to have a complete understanding of accounting basics. They want their employees to know terminology so they don’t have to explain everything. Read More Q&A

Salary Expectations for Accounting
Accountants earn an average salary of $52,500.

Job Outlook for Accounting
This field has a projected growth rate of 18% – 26% through 2014. This is higher than in the past due to the increasing number of businesses, changing financial laws and regulations, and increased scrutiny of company’s finances.

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