4 Careers in Accounting for Math Lovers

careers in accountingIf you love math, numbers and money (well, who doesn’t?), a career in accounting might be the right fit for you. More specifically, accounting is studying how businesses track their income and assets over time, so there is also a business aspect to it in addition with working with numbers.

Jobs in accounting are diverse as well. If you are interested in going into the accounting field, you could work in government, for public accounting firms, for businesses or even work for yourself. Want to find out if accounting is right for you? We offer this free course that gives you a brief accounting introduction in 60 minutes.

If you are certain that you know accounting is the right field for you, but not sure which kind of job you are interested in, here are some examples of accounting jobs:

Auditing

Auditors prepare and examine financial records. They make sure people and businesses comply with laws and regulations, work with them so that taxes are paid on time and properly, organize and maintain financial records, help with financial decision making, and more.

With auditing, understanding tax preparation is one of the most important skills for this career. The most basic thing you can do to see if you are a right fit for this kind of job is to learn how to prepare your own tax returns if you do not already know how to do so. We offer this course that is basic income tax preparation. While it does not delve into the skills and information needed to prepare and monitor taxes for businesses, it does show you the skills you will need to take that first step. If this is something you feel confident in, you will be able to do your own taxes with ease and even help others prepare their taxes. From there, you can move on and expand your knowledge.

Budget Analysis

If you are interested in becoming a budget analysis, your main duty will be to develop and maintain an organization’s financial plan. This particular job is broad enough where you can work for government, large businesses or small businesses. The important part of the job is knowing how to properly budget. One of the most important programs businesses use to budget and manage finances is QuickBooks. Like all software programs, QuickBooks is constantly being updated with new features, so it is important to learn the most up-to-date version. We offer this course to help you learn and better understand the QuickBooks 2014 program.

But QuickBooks is not the only aspect to creating a good budget. QuickBooks is great at helping you organize your budget, but you also need the skills to create and manage a successful budget. Being able to run a successful budget is the most important part of being a budget analysis. Businesses rely on you to look at their budgets and figure out where to save money and how to create a successful, profitable budget. With this course, we show you how to create a budget that works. In this course, we show you how to budget and forecast for businesses. You will learn how to manage expenses, how to create a sales forecast for businesses, the differences between profits and cash, as well as important tax information to keep businesses up to date and to prepare the documents needed.

Financial Accountant

Financial accountants prepare financial statements for people and businesses such as banks, stockholders, government agencies and others. The importance of this is to monitor agents’ performance and reporting the summarized results to interested users. An example of this would be monitoring how a business is doing financially and reporting those results to the businesses’ investors or stockholders, letting them know how their money if being used.

If financial accounting is something that might be of interest to you, we offer this course that explains accounting concepts with a practical approach. It introduces financial statements and explains key financial and accounting concepts, tools and techniques.

Since financial accounting, like all accounting, is precise and very detail oriented, this course is only part one of two. We offer part two of the course as well. In part two, you will learn how to put the tools you learned in part one to work and analyze financial statements and disclosures for use in financial analysis.

Management Accounting

If you are more interested in business analysis, perhaps a position in management accounting would be something to aim for. With management accounting, you work closely with managers within businesses to help guide them to make informed business decisions. It’s a position that requires someone with leadership skills, as you will have to advise managers and business people to make the correct decisions when it comes to finance. You will be required to manage costs, control expenses and look forward with the business and business model.

Since management is so important to this type of accounting, it is necessary to know accounting skills that are specific to managers. For that, we offer this course that is specific to business owners and business managers. It trains you on how to do accounting within a business. As a result, it is perfect not only for management accounting, but many other aspects of accounting. It helps you to take a closer look at where money is coming from and where it is going, so you are better able to track and manage the money.

With all accounting, you have to be extremely organized and precise, since you are working with money and numbers (and a lot of times, other people’s money). If those are traits you think you have, one of these careers might be in your future.