There are different types of London accountancy courses that you can study in college. Just like being a doctor, you can specialize in a particular field of accounting study. Doctors can choose to specialize in heart surgery, cosmetic surgery, or specialize in treating children as a pediatrician. In accounting, you can likewise specialize in a particular field.
There are three main fields of accounting you can get into and there are courses you can take to be an expert in these fields. Study your options carefully before choosing an accounting field to study as you will be practicing that type of accounting in your future career as an accountant.
Public accountant. A public accountant can offer a wide range of duties and can work for anyone including individuals, corporations, government agencies, and organizations. This is a popular choice among students because your scope of clientele has no limit. When you finish school, you can work at a CPA firm or set up your own accounting service.
Public accountants have a lot of opportunities in their career. You can be a financial analyst, tax preparer, a consultant, or work as a forensic accountant for law enforcement agencies. The only hitch in this field is that you cannot take on multiple projects for the same clients.
Cost accountant. Cost accountants are also called management accountants. This type of accountant can work for businesses and organizations. You will be in charge of a company's budget, evaluate a businesses liabilities and assets, study a company's financial growth and manage the cash flow of corporations and organizations. This field has a smaller scope than public accountants but your service is very important for businesses.
Government accountant. This type of accountant limits you to working for the government. Your duties will include monitoring the interests of the government, checking if companies and individuals follow financial laws and rules put in place by the government, and make sure that everyone pays their taxes. You will also monitor public and business records and watch out for any irregularities which you will report to the government.
These 3 specialized fields will provide you with the chance to choose which accounting field you want to get into. Before making your choice, analyze the pros and cons of each field. Your final choice will have to be something you will want to do as a career for a long time. Choose the field that you think you can be good at.
There are three main fields of accounting you can get into and there are courses you can take to be an expert in these fields. Study your options carefully before choosing an accounting field to study as you will be practicing that type of accounting in your future career as an accountant.
Public accountant. A public accountant can offer a wide range of duties and can work for anyone including individuals, corporations, government agencies, and organizations. This is a popular choice among students because your scope of clientele has no limit. When you finish school, you can work at a CPA firm or set up your own accounting service.
Public accountants have a lot of opportunities in their career. You can be a financial analyst, tax preparer, a consultant, or work as a forensic accountant for law enforcement agencies. The only hitch in this field is that you cannot take on multiple projects for the same clients.
Cost accountant. Cost accountants are also called management accountants. This type of accountant can work for businesses and organizations. You will be in charge of a company's budget, evaluate a businesses liabilities and assets, study a company's financial growth and manage the cash flow of corporations and organizations. This field has a smaller scope than public accountants but your service is very important for businesses.
Government accountant. This type of accountant limits you to working for the government. Your duties will include monitoring the interests of the government, checking if companies and individuals follow financial laws and rules put in place by the government, and make sure that everyone pays their taxes. You will also monitor public and business records and watch out for any irregularities which you will report to the government.
These 3 specialized fields will provide you with the chance to choose which accounting field you want to get into. Before making your choice, analyze the pros and cons of each field. Your final choice will have to be something you will want to do as a career for a long time. Choose the field that you think you can be good at.
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