Life As an Accountant
Example of Accountant Job Analyze financial information and prepare financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
A Day in the Life of an Accountant
- Advise management about issues such as resource utilization, tax strategies, and the assumptions underlying budget forecasts.
- Establish tables of accounts and assign entries to proper accounts.
- Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology.
- Report to management regarding the finances of establishment.
- Provide internal and external auditing services for businesses or individuals.
- Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
Accountant Required Skills
Below is a list of the skills most Accountants say are important on the job.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Mathematics: Using mathematics to solve problems.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Speaking: Talking to others to convey information effectively.
Writing: Communicating effectively in writing as appropriate for the needs of the audience.
Types of Accountant
- Reporting Analyst
- Accounting Consultant
- Medical Accountant
- Railroad Accountant
- Public Accountant
Job Opportunities for Accountants
There were about 1,397,700 jobs for Accountant in 2016 (in the United States). New jobs are being produced at a rate of 10% which is above the national average. The Bureau of Labor Statistics predicts 139,900 new jobs for Accountant by 2026. The BLS estimates 141,800 yearly job openings in this field.
The states with the most job growth for Accountant are Utah, Colorado, and Tennessee. Watch out if you plan on working in Maine, Alaska, or Ohio. These states have the worst job growth for this type of profession.
What is the Average Salary of an Accountant
The typical yearly salary for Accountants is somewhere between $43,650 and $122,840.
Accountants who work in District of Columbia, New York, or New Jersey, make the highest salaries.
Below is a list of the median annual salaries for Accountants in different U.S. states.
|State||Annual Mean Salary|
|District of Columbia||$98,130|
Tools & Technologies Used by Accountants
Below is a list of the types of tools and technologies that Accountants may use on a daily basis:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Microsoft Outlook
- Microsoft Access
- Data entry software
- Microsoft Windows
- Microsoft Project
- Microsoft SharePoint
- Structured query language SQL
- Microsoft Dynamics
- IBM Notes
- Microsoft Visual Basic
- Microsoft Publisher
- Google Docs
- FileMaker Pro
- Microsoft SQL Server
- Intuit QuickBooks
Becoming an Accountant
Education needed to be an Accountant:
What work experience do I need to become an Accountant?
Who Employs Accountants?
The table below shows some of the most common industries where those employed in this career field work.
Those who work as an Accountant sometimes switch careers to one of these choices:
More about our data sources and methodologies.
Featured Accounting / Finance Schools
|Request Info||Southern New Hampshire University You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs. Learn More >|