How to Get a Job in... Accounting Accounting is expected to grow about 10-20% over the next 8 years, according to the Bureau of Labor Statistics. Business growth, new laws and regulations, current public focus on business practices, and natural turnover are cited as resources for new opportunities in the field. Trends: Requirements for the Certified Public Accountant exam are changing in most states to include a qualification that applicants must complete 150 academic credit hours with 24 hours in accounting prior to application. Employment offers from public accounting firms to individuals with masters degrees in accounting, taxation or an MBA in Accounting have steadily increased over the last few years, while offers to bachelor degree candidates have declined. Education & Training required: Most positions require a bachelor’s degree in accounting or a similar field. Some employers, such as public accounting firms, prefer candidates with a master’s degree in accounting, taxation or an MBA with an accounting concentration. Prior work experience, part-time jobs, or internships in the field of accounting are helpful to gain full-time professional employment. Most teaching positions at the university or college level require an advanced doctoral degree or a masters degree in a related field. Tips for breaking in: Obtain an internship, co-op or related part-time position Consider joining a related professional student organization Assume a leadership role in student organizations/activities Network with professionals/conduct information interviews Develop strong computer, communication (both verbal & written) and teamwork skills Implement fair business practices and ethical principles Consider pursuing specialized certification (such as CMA) Develop strong logical reasoning, investigative, criticalthinking, attention to detail and organizational skills Maintain good grades. (Most firms look for candidates with a minimum 3.0 GPA.) Helpful, required professional licenses/certifications: Successful completion of the CPA exam is required for most positions in public accounting and for some positions in industry. The Certified Public Accountant (CPA) certification is offered by the State Board of Accountancy. Earnings: Bachelor’s Degree (average salary) Master’s Degree (average salary) Types of Employers: Public Accounting Firms Nonprofit Organizations Government Agencies Healthcare Organizations Private Practice/Agencies Corporations Financial Institutions Colleges/Universities Banks Self-Employed Example Employers: PricewaterhouseCoopers, LLP Deloitte, LLP KPMG, LLP Grant Thornton, LLP linas HealthCare Systems McGladrey&Pullen, LLP/RSM Internal Revenue Service (IRS) Reznick, Fedder&Silverman, PC Greer & Walker, LLP Bank of America Corp. Wachovia Corp. BB&T Corporation Ernst & Young, LLP CaroCompass Group Food Lion Duke Energy General Electric (GE) BDO Seidman, LLP Desirable qualities, interests & skills Strong communication (both verbal and written) skills Computer skills— emphasis on accounting software Attention to detail, accuracy and organizational skills Problem-solving, critical thinking and analytical skills High ethical standards Mathematical ability Ability to travel to sites and possibly work long hours Associations: American Institute of Certified Public Accountants National Association of State Boards of Accountancy Institute of Management Accountants The Institute of Internal Auditors Information Systems Audit and Control Association Association of Government Accountants Directories: Accounting Jobs Worldwide The Business Journal’s Book of Lists The Charlotte Business Journal Forbes 500 Fortune Magazine Peterson’s Job Opportunities for Business Majors Vault Guide to the Top 50 Consulting Firms Vault Guide to the Top 50 Finance Employers Websites: American Institute of Certified Public Accountants http://www.aicpa.org National Association of State Boards of Accountancy http://www.nasba.org Institute of Management Accountants http://www.imanet.org The Institute of Internal Auditors http://www.theiia.org Information Systems Audit and Control Association http://www.isaca.org Association of Government Accountants http://www.agacgfm.org Accreditation Council for Accountancy and Taxation http://www.acatcredentials.org Sample Job Titles: Tax Accountant Audit Accountant Corporate Accountants Financial Analyst Treasurer IRS Agent Internal Auditors Accountant-Tech Services Cost Accountants Controller Forensic Accountants Financial Director $40,647 $42,241 150 Atkins Building 704/687-0795 www.career.uncc.edu