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What different types of accounting fields are their?

Accounting student at Towson university #accounting

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bridget’s Answer

Hi Ayomide:


A person who holds an accounting degree has many options!


I don't have expertise in the area, but took a look online and found this site to be valuable:


http://www.accounting.com/degrees/bachelors/


They list Public accountant, auditor, Corporate accountant, tax examiner... and then break down common career paths, information by state and next steps.


The entire site won't be helpful as it features different colleges and programs, but for quick reference and career review, take a peek!


Best,


Bridget

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Jasmin’s Answer

I agree with Katie (Financial accounting, Public accounting, Government accounting, Forensic accounting, Management accounting, Tax accounting, Internal auditing ). Here's a link if you want more details on each: https://www.accountingtools.com/articles/what-are-the-types-of-accounting.html


I personally focus in the Risk Assurance area, which consists of Process Assurance (PA) and Internal Auditing (IA). Both of these focus on mitigating risk within an organization, but PA focuses more on financial systems and IT management, whereas IA focuses on the organization as a whole.


Jasmin recommends the following next steps:

I suggest continuing asking questions you may have to your teachers, mentors, and Career Village. Feel free to search the internet as well. While searching the internet, one thing to keep an eye out for are shadow days that companies have. These days allow you to personally learn more about a field.
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Katie’s Answer

There are many different types of accounting fields. There is financial accounting, managerial accounting, cost accounting, auditing, tax accounting, accounting information systems, fiduciary accounting, forensic accounting, and I sure there are more I am not thinking of currently. Each area is different and if you are an accounting major, you should be exposed to most of these fields. Although each field deals with accounting, all are very different on what you would do on a daily basis. Once you have an area that you are interested in, I encourage you to ask more questions about job opportunities in that area.
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Jennifer’s Answer

One interesting avenue for accountants is accounting software - implementations, training, sales and demonstrations too. For the software companies it's important for the employees who are implementing, training, or selling the software to comprehend core accounting concepts. With a few years of accounting experience behind you, you could take on a role at an accounting software company, like Sage Intacct, or at partner firms of the software, and in no time be making a six-figure salary.
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