Salary potential of accountants, Accounting Basics

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Q. Salary potential of accountants?

Selecting a major represents much additional than the choice of courses a student takes in college. To a significant degree, the student's major, along with academic performance will conclude the career paths available upon graduation. Only some professionals would recommend a specific career choice based solely on salaries. But as students select their major and map out their career path it is important that they make informed decisions with respect to the potential financial rewards of the various options. Summarize below is information on selected salaries for many accounting-related careers. These salaries current as of 2009 must be viewed only as guidelines. Salaries at all levels are able to vary significantly between locations. as well one should add 10 to 15 per cent to the listed salary for professional certifications such as the CPA or for a graduate degree Masters of Accounting or MBA.

Students fascinated in a career in accounting and finance can find detailed information for these and many other accounting related careers at Robert Half as well accounting professors are usually familiar with starting salaries and job opportunities for accounting graduates thus you may want to address more specific questions about potential careers and salaries with them. In section 1 we exemplify the income statement, balance sheet, statement of retained earnings and statement of cash flows. These statements are the finish products of the financial accounting process which is based on the accounting equation. The financial accounting process enumerate past management decisions. The effects of these decisions are communicated to users management, creditors and investors and serve as a basis for making future decisions.


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