A career in accounting

There are multiple opportunities if you are eager to pursue a career in accounting. The accounting jobs are expected to grow by around 18% between the years 2006 and 2016. This growth is faster as compared to growth in other occupations. This growth in auditing and accounting jobs is said to be the resultant factor of changes introduced in financial law and strict corporate governance.

Now the question is what job does these auditors or accountants do. The role of auditors and accountants is quite broad. An accountant in London is assigned the task of preparation, analysis, verification and communication of financial information for clients. This may include governments, corporations, individuals or non-profit organizations. The specific job description of auditors and accountants vary depending upon type of auditing and accounting job. There are four different fields in auditing and accounting, internal auditing, government accounting, management and public.

Internal auditing: The internal auditors are responsible for maintaining the accuracy of financial records. They check for fraud as well as non-compliance with law and helps prevention of financial loss. Other responsibilities of internal auditors comprises of reporting on audits and recommending changes to company operation or financial activities.

Government accounting: Career in government accounting means that you will be employed by State, Federal or a local government agency. A government accountant in London is held responsible for maintenance and analysis of financial records. They may also be held responsible for auditing individuals and private businesses.

Management accounting: The management accountants are assigned the job of preparing and analysis of financial details. Here you will be responsible for managing expense, maintaining budgets, analysis of financial information, preparation of financial report and management of company assets. 

Public accounting: The public accountants are provided with a wide range of consulting services related to auditing, accounting, tax or any other financial activity. This involves providing services like advising individuals or companies in availing tax advantage or filing and preparation of income tax returns.

You can enhance your accounting career opportunity through prior experience in accounting or auditing and knowledge on computer as well as financial software applications. In case you need practical accounting training, there are number of institutions and there are also accountancy agencies like True Dynamic that is capable of imparting trainings like this.