You and the World of Accounting Making Accounting Relevant Choosing the right career results in a...

You and the World of AccountingYou and the World of Accounting

Making Accounting Relevant

Choosing the right career results in a

more enjoyable lifestyle and satisfying

work experiences.

Making Accounting Relevant

Choosing the right career results in a

more enjoyable lifestyle and satisfying

work experiences.

What steps have you taken to plan

for your career?

What steps have you taken to plan

for your career?

Section 1 Exploring Careers

What You’ll Learn

How personal interests and skills,

values, and lifestyle goals affect

career decisions.

Where to find information on

possible careers.

How to set career goals.

Section 1 Exploring Careers

What You’ll Learn

How personal interests and skills,

values, and lifestyle goals affect

career decisions.

Where to find information on

possible careers.

How to set career goals.

Why It’s ImportantA successful career begins with

identifying your interests and skills and putting them to work for you. As consumers, we buy goods from merchandising businesses daily. Under-standing the nature of these transactions is key to accounting for a merchandising business.

Why It’s ImportantA successful career begins with

identifying your interests and skills and putting them to work for you. As consumers, we buy goods from merchandising businesses daily. Under-standing the nature of these transactions is key to accounting for a merchandising business.

Section 1 Exploring Careers (con’t.)Section 1 Exploring Careers (con’t.)

Key Terms skills

values

lifestyle

Key Terms skills

values

lifestyle

personality

personal interest tests

networking

personality

personal interest tests

networking

Assess Your Career VisionAssess Your Career Vision


What are your values, and how will

they affect your career?

What are your values, and how will

they affect your career?

What lifestyle interests you? What lifestyle interests you?

How will your personality affect a

career choice?

How will your personality affect a

career choice?

What are your personal interests

and skills?

What are your personal interests

and skills?

Guidance counselors

Networking

Print materials

The Internet

Professional organizations

Guidance counselors

Networking

Print materials

The Internet

Professional organizations


Research the PossibilitiesResearch the Possibilities

Setting Career GoalsSetting Career Goals


Step 1 Decide on a long-term goal.

Step 2 Decide on actions that will

lead to the long-term goal.

Step 3 Take action!

Step 4 Diversify your skills.

Step 5 Realize the long-term goal.

Step 1 Decide on a long-term goal.

Step 2 Decide on actions that will

lead to the long-term goal.

Step 3 Take action!

Step 4 Diversify your skills.

Step 5 Realize the long-term goal.

Check Your UnderstandingCheck Your Understanding

What consequences might

result from choosing a career that

conflicts with your values and

lifestyle goals?

What consequences might

result from choosing a career that

conflicts with your values and

lifestyle goals?


Section 2 Accounting Careers: The Possibilities Are Endless!

Section 2 Accounting Careers: The Possibilities Are Endless!

What You’ll Learn

The variety of career opportunities

available to accountants.

The types of businesses and

organizations that hire accountants.

What You’ll Learn

The variety of career opportunities

available to accountants.

The types of businesses and

organizations that hire accountants.

Why It’s Important

Explore all the careers available in accounting! You wouldn’t want to miss a great opportunity just because you didn’t know it existed.

Why It’s Important

Explore all the careers available in accounting! You wouldn’t want to miss a great opportunity just because you didn’t know it existed.

Key Terms accountant for-profit business not-for-profit organization accounting clerk certified public accountant public accounting

Key Terms accountant for-profit business not-for-profit organization accounting clerk certified public accountant public accounting

Section 2 Accounting Careers: The Possibilities Are Endless! (con’t.)


The Changing Horizon

An accountant handles a broad range of responsibilities, makes business decisions, and prepares and interprets financial reports.

The Changing Horizon

An accountant handles a broad range of responsibilities, makes business decisions, and prepares and interprets financial reports.



Accounting Professions in For-Profit Businesses

For-profit businesses operate to earn money for their owners.

Accounting Professions in For-Profit Businesses

For-profit businesses operate to earn money for their owners.

entertainment industry

retailers

sports industry

computer technologies

entertainment industry

retailers

sports industry

computer technologies



Accounting Professions in Not-For-Profit Organizations

Not-for-profit organizations

balance their income with expenses

rather than earning a profit for

owners or investors.

Accounting Professions in Not-For-Profit Organizations

Not-for-profit organizations

balance their income with expenses

rather than earning a profit for

owners or investors.

United Way

The Sierra Club

Boy Scouts of America

Government agencies

United Way

The Sierra Club

Boy Scouts of America

Government agencies



Accounting Professions in Public Accounting Firms

Public accounting firms provide accounting services to their clients.

Accounting Professions in Public Accounting Firms

Public accounting firms provide accounting services to their clients.

Deloitte and Touche

Ernst & Young

KPMG Peat Marwick

Price Waterhouse Coopers

Deloitte and Touche

Ernst & Young

KPMG Peat Marwick

Price Waterhouse Coopers



Check Your UnderstandingCheck Your Understanding

In business many decisions revolve around costs and potential earnings. For example, accountants might help create a picture, in numbers, of a proposed new product line, or they might be asked to suggest ways a company could cut its production costs. In addition to skill with numbers, what other skills do you think an accountant needs?

In business many decisions revolve around costs and potential earnings. For example, accountants might help create a picture, in numbers, of a proposed new product line, or they might be asked to suggest ways a company could cut its production costs. In addition to skill with numbers, what other skills do you think an accountant needs?



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