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Monday, October 29, 2012

Accounting and Auditing

 "If you have a head for numbers, this is the profession for you"

Accountants are the most sought after business professionals in corporate arena. Because they are one who ensure the proper financial transactions and manage the financial resources. Oftentimes, accounting and auditing are used interchangeably. What is the difference between auditing and accounting? The answer would be quite simple, if accountants have to maintain all financial records, then auditors have to inspect the accuracy of accountant's works. If you are looking for a career in business field, then you can avail numerous career options. Accountants, auditors and payroll administrators are closely associated with the finance section.

Accounting career will be best suited for the individuals who have a strong inclination towards mathematics. Since accounting work is all about some numerical calculations, the applicant should have an in-depth knowledge in different mathematical operations. A bachelor's degree in accounting or auditing and attaining license can help you in finding entry-level jobs. You have to pass a national exam conducted by state's Board of Accountancy, to acquire license as a Certified Public Accountant (CPA). Some professional certifications are Certified Management Accountant (CMA), Certified Internal Auditor (CIA), Certified Government Auditing Professional (CGAP) and so on.

Now, you may be clear about accountants and auditors, so the next option is payroll administrator. It can be considered as a sub-section in accounting. Above-mentioned career roles are some of the lucrative financial professions that are involved every type of business, industry and government. But remember, they can't be simply attained through education, you have to enhance your technical and professional talent for it. With growing number of job spaces and handsome salary offers, jobs in accounting await you. 

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