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Accounting study graduates can find jobs in many areas of business and government including, product sales, finance, insurance, investing, technology, marketing, construction, manufacturing, taxation, banking, healthcare, education, consulting, real estate, and law.

Accountants ensure that businesses run efficiently, keep accurate financial records and pay taxes and other expenses in a timely manner. Accountants prepare, analyze and verify financial documents for clients, business management and government officials.

Public accountants perform a wide range of accounting, auditing, tax, and consulting activities for their clients. The clients may include governments, corporations, nonprofit orgs and individuals.

While some accountants concentrate on tax matters, such as giving advise to companies about advantages and disadvantages to business decisions and preparing tax returns. Other accountants may offer advice on employee compensation, health care benefits, accounting systems, and controls to safeguard assets. Accountants may also work auditing clients' financial statements. Public accountants, many of whom are Certified Public Accountants (CPAs), generally have their own businesses or work for public accounting firms.

A popular alternate area of work for accountants is forensic accounting. It involves the investigating and interpretation of white-collar crimes such as fraud, contract disputes, embezzlement, bankruptcies and other criminal financial transactions, including money laundering by organized criminals.


Accounting is the activity of identifying, measuring, interpretation and communicating the results of economic activity. Accounting allows managers and other business decision makers make decisions about allocating resources.

The activity of accounting was first recorded in the early days of agriculture and civilization in Mesopotamia with the need to maintain accurate records of quantities.

Different types of accounting include:

Financial accounting – the preparation of financial statements for external decision makers such as banks, government agencies, suppliers and stock holders.

Cost accounting – tracking, analyzing and recording expenses associated with the activity of a business or organization. Cost is defined through time and resources and is measured in units of currency.

Cash-basis accounting – records financial events based on cash flow, incoming cash (revenue or receipts) and outgoing cash (expense or payments).

Project accounting – the creation of financial reports to track the financial progress of individual projects.

Positive accounting – refers to academic research to explain and predict observed accounting practices.

Management accounting – the use of accounting provisions and information to assist management in making decisions and controlling managerial functions.

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