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Accounting Report

lls of an accountant can be used at many different companies. This flexibility gives accountants independence and variety. Another advantage of an accounting career is the possibility of job advancement. Company executives realize the importance of accounting and accountants to a firm and are often prepared to offer promotions more quickly. Accountants may also advance to such jobs as chief plant accountant, chief cost accountant, budget director, or manager of internal auditing. Some achieve corporate-level positions such as controller, treasurer, financial vice-president, or president.Public Accountants can advance from beginner through intermediate-level positions in one or two to senior positions in another few years as they gain experience and handle more complex accounts (Careers, 4). In large accounting firms, they often become supervisors, managers, or partners. Some accountants transfer to executive positions in private firms or open their own public accounting offices. Entry-level accountants employed by the federal government are usually promoted within two years. Accountants are also rewarded by their annual salary. The average annual salary of an accountant is $45,000, according to a recent survey by the National Association of Accountants (3). This includes accountants at all levels of education with associates, bachelors, masters, or doctoral degrees. Salary levels rise with education level, reaching an average of $60,000 for those with the doctorate. Some of the highest-paid accountants are company partners, executive vice presidents, and divisional vice presidents (National Association of Accountants, 5). Their average total compensation is more than $100,000. Accounting careers offer other advantages in addition to the financial reward. Many accountants enjoy the responsibility and professionalism involved. Finding a variety of clients is an advantage, said Steve Crail, I enjoy being exposed to different people, issues...

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