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It prepares students to be accountants by teaching them about accounting principles like auditing, reporting, budgeting and tax regulations.Because accountants could be responsible for an organization’s financial well-being, accountants need to be able to pay close attention to detail and handle large amounts of data at a time.Accountants work on financial records for corporations, nonprofits, and government agencies.
Next, learn more about this college major such as the Types of Internships for Accounting Majors and get more career tips for internships and entry-level jobs such as When to Start Applying for a Summer Internship.
Accounting ranks among one of the oldest fields in business.
The amount you’ll make with an accounting degree depends on the type of company you pursue as well as how far you decide to continue your education.
College students who graduate with a degree in accounting make a median salary of $50,500.
For people who choose to continue their education and become Certified Public Accountants (CPA), the median salary is $73,800, and it can climb to well over $124,000 per year.
Additionally, those with a CPA certification make 5% to 15% more than their non-CPA counterparts.
These analyses must be detailed, complex and data-heavy, allowing people to gain valuable insights from them.
Accounting majors learn how to maintain financial accounts.
If the world of business appeals to you, an accounting degree provides a great base from which to start.
Accounting schools prepare you to work in many occupations.