Careers in Accounting
What do you know about the Accounting Profession? Our Accounting Profession handout provides lots of details!
Check out the career descriptions below and our Accounting Careers Program resources!
Auditing and Information Systems:The auditing and information systems area is designed for those who want an in-depth understanding of auditing or information systems. Audits of financial statements and internal controls have become much more involved since the passage of the Sarbanes-Oxley Act. Career positions in the auditing and information systems area include financial auditor, internal auditor, governmental auditor, and information systems auditor. In addition, those in management positions in an organization, especially in the accounting and finance areas, benefit from understanding information systems and auditing.
Financial Accounting:The financial accounting area is designed for those individuals wishing to pursue one of several different career paths. The field of financial reporting deals with reporting to interested parties outside the organization, other than taxing authorities. It includes such career paths as financial accountant, controller, and chief financial officer. Additionally, a strong grounding in financial accounting is necessary to be an effective auditor.
Managerial Accounting:The managerial accounting area is designed for those individuals who see their career directed toward being the controller or chief financial officer of an organization or a management services consultant for a CPA firm. The organization may be a private or public for-profit business or a not-for-profit entity such as a hospital, charity, or governmental unit. The managerial accounting area concentrates on developing and reporting accounting information to assist management in determining and achieving the organization’s objectives. The management accountant is an integral part of the management team and, as such, must understand the operations of an organization to assess which financial and non-financial information is necessary to assist management decision-making.
Tax Accounting:The field of taxation is a complex and demanding business area. Tax laws are continuously being rewritten and reinterpreted by Congress, the IRS, the Treasury Department, and the judicial system. Skilled tax professionals must have technical knowledge of taxation as well as a solid background in business practices. Career positions in tax accounting include tax specialist in a CPA firm or in private industry, IRS auditor, or state department or revenue auditor. Additionally, those in managerial positions find that increased tax knowledge often improves business decisions.
Our Campus. Otherwise Known as Omaha.
The University of Nebraska does not discriminate based on race, color, ethnicity, national origin, sex, pregnancy, sexual orientation, gender identity, religion, disability, age, genetic information, veteran status, marital status, and/or political affiliation in its programs, activities, or employment. Learn more about Equity, Access and Diversity.