Q. Choosing an accounting career?

How companies have a choice in inventory cost methods among specific identification, LIFO, FIFO and weighted-average. Likewise one of the greatest benefits of obtaining an accounting degree is the broad range of career choices available. There are over 40 different kinds of accounting jobs available in private industry, public accounting and governmental accounting.

One of the primary reasons several students go into accounting is successful job placement. Accounting majors have been better capable to find positions than majors in any of the other business options with the possible exception of management information systems (MIS). Even the relative demand for MIS majors has diminished lately while the demand for accounting majors remains strong. We are presently experiencing a shortage of accounting majors across the nation. Another important factor to remember regarding job placement is where you would like to be three to five years from now. Accounting tenders an excellent foundation with opportunities for advancement whereby several accounting graduates make double their entry-level salary in only five years. Several students pursue an accounting degree because it doesn't restrict their career opportunities as much as having a different business degree.

For an instance with an accounting degree a student is able to apply for positions in management, marketing, finance and accounting. In fact numerous recruiters in business favour accounting graduate for the reason that they recognize an accounting degree as a more difficult business degree to obtain. But marketing, management and finance students can't apply for accounting positions because they lack necessary accounting coursework. In fact with some supplementary courses in systems an accounting major is well equipped to pursue a career in any business field including information systems.