An accountant has the primary responsibility to keep the financial records and transactions receipts in order as well as to prepare documentations like money trails for audits and taxation. Working on the clock, an accountant carries out a various different financial duties related to the business field. An accountant
In the world of economics and finance, an accountant holds an eminent position. That is why, there are many requirements that every candidate for the post of an accountant has to meet. An accountant
The journey of becoming an accountant is very by the book, hence we have assembled a step by step guide to help you comprehend how one pursues the career as an accountant in USA
Every candidate for the post of accountant has to have a Bachelor’s degree in accounting for entry level job. One could also have a degree in math, statistics, business, finance or economics but have to complete extra credit hours in accounts.
It is better to enter an internship program in some well-known accounting firm to practically apply the knowledge learned in the college to good use. One should serve as an intern for a few months to properly learn the correct way to file receipts, calculate taxes and do audits.
If one wants to earn the license of accountant than one has to clear all 4 examinations in the fields which are given below
But one has to complete 150 credit hours in order to be eligible to undertake the Certified Public Accountant (CPA) examination. That is whythe candidates decide to pursue Master’s degree in accounting to fulfill the credit hours prerequisite for the CPA exam.
When one has successfully, passed all 4 examinations of CPA exam, one must work as a CPA in a company for at least 2 years before one is eligible for accountant certification. One could secure one of the following certifications
After becoming a certified accountant one can easily get promoted to a high paying job in a better company.
It takes 4 years to complete a Bachelor’s degree in accounting. Then one may pursue internship as an assistant accountant for a few months. Some might also pursue a Master’s degree in accounting for greater exposure in field. Furthermore, one also has to pass a CPA exam and then gain work experience of 2 years to secure the certification of accountant for better employment opportunities. Hence, we can estimate that one becomes an accountant in USA in nearly 8-9years.
The United States Bureau of Labor Statistics state the average pay of an accountant to be around $ 70, 500 per year. Some of the American states that facilitate their accountants with the best pay rates are New York, California and Massachusetts.