Department of Business Administration
Tel: (562)907-4200
E-mail:
lnino@whittier.edu
Accounting: Overview
"Accounting is the study of how businesses track their income
and assets over time. Accountants engage in a wide variety
of activities besides preparing financial statements and
recording business transactions including computing costs
and efficiency gains from new technologies, participating in
strategies for mergers and acquisitions, quality management,
developing and using information systems to track financial
performance, tax strategy, and health care benefits
management.
There's a lot to get out of a career in accounting. Perhaps
most important: You will learn how business works. The field
of accounting offers stimulating and challenging work that
is constantly evolving. Because accountants spend a lot of
time looking under the hoods of businesses they really learn
how business works. It's no surprise that many successful
players in business began their careers as accountants. It's
also no surprise that most Chief Financial Officers of large
corporations have a background in accounting. An accountant
is perfectly positioned to become a CFO because he or she
probably has the best understanding of what drives business
and profits in a company.
To begin your career, you are most likely to start at a
public accounting firm such as Ernst & Young or
PriceWaterhouseCoopers. Most people do not make partner at
public accounting firms but the experience and training can
be excellent. From there, many move on to careers with an
accounting focus in business or government. "
(http://www.careers-in-accounting.com/ac.htm)