Career options for people with an accounting degree include working for an accounting firm as a public accountant or working for businesses as either a financial or management accountant. A third option is to work in government as an accountant or auditor.
A certified public accountant is also known as a CPA, which is a designation that requires passing an exam to obtain certification. Public accountants often work for accounting firms, though some choose to establish their own businesses.
Public accountant duties include analyzing the financial status of clients and consulting on current tax matters. Helping clients with tax preparation is often required. At times, a public accountant may be called upon to conduct a tax audit. A financial accountant's main role is to oversee the finances of a business. Duties usually include presenting financial projections, managing incoming profits, outgoing expenditures and preparing accounting reports. A corporate tax accountant is heavily involved in corporate tax legalities and tax management for large companies.
Management accountants are often expected to help a company plan budgets by doing a thorough cost analysis of capital and expenses. This career path may also lead to work as a budget analyst or cost accountant. Government accounting can provide intriguing work in the field of forensics, which is an area that involves uncovering fraudulent schemes.