Career Description:
A career in finance and accounting involves work concerned
with examining, analyzing, and interpreting financial,
budgetary, tax, and investment information. The three major
types of
employers in this industry are public accounting firms,
private
businesses, and government agencies. Accountants and
auditors held over
1,080,000 jobs in 1996 with 1 out of 4 working in public
accounting and
auditing firms, and 1 out of 10 self-employed.
Labor Trends:
Overall, the Bureau of Labor and Statistics says the
increase in jobs in this industry will follow the national
average of
10 percent annually, or about 95,000 jobs each year. One
exception is the field of bookkeeping, which is starting
to decline due
to new software products that reduce the number of people
necessary to
handle day-to-day bookkeeping.
Personal Attributes:
People who choose this career should have strong
attention to detail and be very organized.
Additionally, a career in
private business will require strong written and
verbal skills.
Required Experience:
There are several courses of study that would help
make someone successful in this career field. Some
suggested courses
are: accounting, business & consumer
law,
keyboarding,
word processing,
personal finance/business economics, and
business systems & procedures.
Working Conditions:
The finance and accounting industry is described as
conservative. Most employers still require formal
attire, although a few have moved toward corporate
casual. Most
individuals in this industry work in a typical office
setting with a
standard 40-hour workweek, but many work longer
hours--particularly if they
are involved with
tax work during the tax season. Accountants and
auditors who perform
audits usually travel a great deal.