Accounting

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Articles on Accounting:
   Major in Accounting
   A Future in Accounting
   Accounting Major...A Closer Look
   Explore a Major in Accounting
   A Career in Accounting

Major in Accounting

Article by Rachelle Wiggins

“Our God is a creative master who loves to bring beauty out of chaos. When an accountant takes piles of raw date and fashions the data into a meaningful sales report he is reflecting the image of God.”  ~Stephen Altrogge

                Accounting, at its core, is the process of keeping financial accounts. It has been called “the language of business” and is the means by which financial information is organized, interpreted and communicated.

               As our economies become more globalized, the need for math-minded individuals continues to rise. Accounting can be found in almost every industry around the world—from technology to medicine to sports to advertising. An accounting degree is a valuable commodity and those who possess them are often competitive job candidates. 

               So beyond strong math skills, what traits and aptitudes are needed in this popular, business-related field? For starters, it is imperative to be organized and detail-oriented in order to meticulously track financial records. Those in accounting careers tend to be analytical and logical in order to interpret facts and figures efficiently. It is imperative to develop strong interpersonal skills and to relate financial findings in an articulate, understandable manner.  Finally, it is necessary to be open to on-going education in order to keep up with accounting industry standards and ever-changing technology applications.

               Some classes you can expect to take while in college may include: Business law, Auditing, Administrative Management and classes pertaining to various accounting specializations including Cost accounting, Computerized accounting, Tax accounting and Government and Non-Profit accounting. It is possible that you may also be required to participate in an internship before your course of study is complete.

               You may be wondering what possible careers options you could expect after completing this versatile, four-year degree. Whether you find yourself working for an individual, a business, a non-profit, the government or launching your own private practice, job opportunities abound! Common professions for someone with an accounting degree include:

  • Bookkeeper or Auditing/Accounting Clerk. These folks record financial transactions for an organization and help produce necessary financial statements. Most often this involves entering appropriate financial data but not the analysis of it.
  • Accountant or Auditor. Tasked with the examination of financial statements for accuracy, these workers determine tax amounts owed and prepare tax returns for individuals or organizations.
  • Financial examiner or Revenue agent.  These individuals may be employed at a local, state or federal level to review tax returns or conduct audits for government entities. They may send out tax notifications and work to collect those amounts.
  • Financial/Budget analyst. Those in this line of work gather and analyze financial information. They also monitor spending, estimate future expenditures and help ensure efficient, accurate, legal budgets.
  • Management analyst. Seen as a financial consultant who brings economic recommendations, this specialization may require further experience or even an advanced degree, but also produces higher earnings. This specialization is in increasing demand with a projected growth rate of 12% over the next number of years.

If God has gifted you with a “numbers brain,” you have a high standard of integrity and the desire to serve others effectively with what He’s given you then an accounting major be just the way to glorify God as your service to Him!