![]() Generally speaking, if there’s an industry that must organize and evaluate its finances in some way, there’s an accounting professional or role that’s suited for that field. A tax auditor may work for a federal agency in Washington D.C., while a budget analyst may interpret and manage a coastal California town’s finances.Īn accountant payable specialist may work for an exciting media conglomerate, and a forensic accountant may work with private and public organizations to more deeply interpret a person’s or company’s spending patterns. One of the benefits of the accounting profession are the various industries in which one can work. Aspiring and current accounting professionals need to decide which aspect of accounting they want to pursue and understand each role’s necessary requirements and responsibilities. A forensic accountant may need additional certifications, while a budget analyst doesn’t that budget analyst can benefit from an advanced degree, while a tax auditor in the same field may not.īecause each role has different responsibilities and requirements, it’s impractical, if not impossible, to jump between accounting roles. Just as these positions can vary, so can the educational and professional requirements needed to secure one of these jobs. Some common types of accounting jobs include auditor, budget analyst, accounts payable specialist, tax accountant and forensic accountant. ![]() The main responsibilities vary significantly for each position, but they’re all focused on interpreting and analyzing financial information. An accountant may help to organize a midsized company’s financial information, while a tax auditor may focus on determining if the company paid the necessary amount owed to the tax authority (for example the state government or the IRS). Something that all accounting jobs have in common is that they include the evaluation and interpretation of a person’s or an organization’s financial activities in some way. There are various types of accounting jobs, each with its own responsibilities, levels of seniority, and expectations. What Are the Different Types of Accounting Jobs? Here are the most popular accounting jobs: Accountants themselves are crucial to this process, navigating complex financial materials and providing analysis and insight to their clients, employers and larger organizations. ![]() Capital and assets (how many valuable items or how much material an organization has on hand) and liability (how much is owed to other organizations) are also taken into account throughout the accounting process. ![]() For example, at a restaurant, recording the number of transactions made, revenue generated, associated costs, and profit earned is a form of accounting.At a school, maintaining information about educational expenditures and teacher salaries is another type of accounting.Īccounting is more than just keeping track of purchases and expenditures. This process includes analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities,” Investopedia notes. Accounting is “the process of recording financial transactions pertaining to a business,” according to Investopedia. ![]()
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