Accounting and finance degrees have so much in common that many students have a hard time choosing between these majors. Even compared to general business and business marketing, these two math-focused business majors are associated with higher wages and lower rates of unemployment and underemployment, The Washington Post reported. Beyond these shared benefits, however, there . . .
If you’re torn between majoring in general business and majoring accounting, then you should learn as much as you can about the pros and cons of each decision. While there is a good deal of overlap between these two degree paths in both subjects of study and career opportunities, there are many benefits of pursuing . . .
When you think of the IRS, you naturally think of taxes. The Internal Revenue Service goes back to the Civil War when President Lincoln and Congress, in 1862, created the position of commissioner of Internal Revenue and enacted an income tax to pay war expenses. Congress repealed income tax 10 years later. They revived the . . .
While the field of accounting offers high salaries and a positive job outlook, sometimes you want to know that you won’t be pigeonholed into a single career field. Fortunately, an accounting degree provides a versatile business background that can prepare graduates for other career paths, including those in the field of finance. After all, accounting . . .
Before you really delve in to what the field of accounting entails, you might think that tax return preparation is all accountants do. In fact, the field of accounting is broad and varied. There are plenty of accounting jobs that either don’t involve working with taxes at all or in which taxes are only one . . .
Attaining a Certified Public Accountant (CPA) license can do wonders for your accounting career. Your earning potential will be considerably higher, and your opportunities for advancement are more will be more promising. While much of the focus on getting a CPA license revolves around the college education needed or preparing for the four-part Uniform CPA . . .
If you’re seeking an accounting degree, you might wonder if there is really a substantial difference between an associate’s degree and a bachelor’s degree. Graduating faster and with less expense is certainly an appealing option, but will an associate’s degree cover the same subject matter and offer you the same job opportunities as a longer . . .
As you explore your options for a career in accounting, you might wonder what distinguishes a CPA from another accounting professional. While both roles focus on the work of financial reporting and analysis, CPAs have slightly different job duties, more rigorous education and experience requirements and a lot of career advantages. IMAGE SOURCE: Pixabay, public . . .
No matter what state you live in, one requirement you must meet to attain your Certified Public Accountant (CPA) license is passing the CPA Exam. The prospect of taking a 16-hour professional exam can be daunting, especially when you learn that only about half of first-time test takers earn a passing score. Rather than wasting . . .