Accountants are integral for small and large corporations, governmental entities, non-profit organizations, and even the general public. CPAs are highly valued assets on various boards, and their roles may vary from organization to organization while utilizing their financial training. The following are some potential accounting career paths for CPAs:
Auditing - This role involves intense work that often includes examining accounting ledgers and financial statements. Depending on the position, it may also require travel to gather the necessary information for reporting findings.
Tax - Tax accountants prepare income tax statements for both corporations and individuals, offering guidance on topics such as mergers, acquisitions, tax-related expenses, and more.
Budget and financial analysis - Accountants in this area help create and manage the overall financial plans of organizations. They also prepare financial statements, aid in employee benefit decision-making, project company finances, and work with various departments to obtain needed information.
Other potential roles for CPAs include working on capital budgets, cost analysis, contracts, and even teaching as instructors in academic settings, where they provide foundational knowledge to help others pass the CPA Exam.
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