Specialized fields in accounting include tax accounting and forensic accounting. To take advantage of these specialties you must find a university offering the courses.
The four broad fields of accounting are:FinancialManagerialTaxationOther/Accounting-related
1- Cost Accounting 2 - Financial Accounting 3 - Management Accounting
Being Certified Public Accountant(CPA)means you can do all accounting career and opportunities. There are three fields that a CPA can engage, these are private accounting, public accounting and government or not-for-profit accounting. In private accounting, these are the following careers: -Financial Accountant -Cost Accountant -Managerial Accountant -Budget Accountant -Tax Accountant -Accounting Information Systems -Internal Audit -Chief Financial Officer (CFO) -Controller While in Public accounting, these are the following careers: -Management Consulting -Review Engagements -External Audit -Tax Consulting In Government and Not for Profit Accounting, those CPAs fall from this field work for government or charitable institutions.
The differences between bookkeeping and accounting are not many, as both fields are fairly similar. Bookkeeping focuses on general business activities such as payables, receivables, billing, and sometimes payroll. Whereas accounting, depending on the focus, usually is focused on the financial side; general ledger entries, account reconciliations, and financial reporting.
Specialized fields in accounting include tax accounting and forensic accounting. To take advantage of these specialties you must find a university offering the courses.
Some of the specialized fields in accounting include auditing and taxation. Many CPAs opt for taxation fields so that they can specialize and be able to prepare the taxation files of a company.
There are many fields in accounting including, forensic, tax and general accounting. Typically, specialized accountants make the most money in the industry.
The four broad fields of accounting are:FinancialManagerialTaxationOther/Accounting-related
enumerate and define the fields of accounting and the sub category
1- Cost Accounting 2 - Financial Accounting 3 - Management Accounting
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In accounting there are four main areas. They are as follows corporate accounting, corporate finance, public accounting and investment banking.
Accounting jobs have been affected by the recession like everything else. However, opportunities are still better in accounting than in other fields, like the arts.
There are many fields of work that can benefit by hiring people with analytic skills. These fields include computer programming, banking, business, accounting, and credit offices.
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