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You and the World of AccountingYou and the World of Accounting
Making Accounting Relevant
Choosing the right career results in a
more enjoyable lifestyle and satisfying
work experiences.
Making Accounting Relevant
Choosing the right career results in a
more enjoyable lifestyle and satisfying
work experiences.
What steps have you taken to plan
for your career?
What steps have you taken to plan
for your career?
Section 1 Exploring Careers
What You’ll Learn
How personal interests and skills,
values, and lifestyle goals affect
career decisions.
Where to find information on
possible careers.
How to set career goals.
Section 1 Exploring Careers
What You’ll Learn
How personal interests and skills,
values, and lifestyle goals affect
career decisions.
Where to find information on
possible careers.
How to set career goals.
Why It’s ImportantA successful career begins with
identifying your interests and skills and putting them to work for you. As consumers, we buy goods from merchandising businesses daily. Under-standing the nature of these transactions is key to accounting for a merchandising business.
Why It’s ImportantA successful career begins with
identifying your interests and skills and putting them to work for you. As consumers, we buy goods from merchandising businesses daily. Under-standing the nature of these transactions is key to accounting for a merchandising business.
Section 1 Exploring Careers (con’t.)Section 1 Exploring Careers (con’t.)
Key Terms skills
values
lifestyle
Key Terms skills
values
lifestyle
personality
personal interest tests
networking
personality
personal interest tests
networking
Assess Your Career VisionAssess Your Career Vision
Section 1 Exploring Careers (con’t.)Section 1 Exploring Careers (con’t.)
What are your values, and how will
they affect your career?
What are your values, and how will
they affect your career?
What lifestyle interests you? What lifestyle interests you?
How will your personality affect a
career choice?
How will your personality affect a
career choice?
What are your personal interests
and skills?
What are your personal interests
and skills?
Guidance counselors
Networking
Print materials
The Internet
Professional organizations
Guidance counselors
Networking
Print materials
The Internet
Professional organizations
Section 1 Exploring Careers (con’t.)Section 1 Exploring Careers (con’t.)
Research the PossibilitiesResearch the Possibilities
Setting Career GoalsSetting Career Goals
Section 1 Exploring Careers (con’t.)Section 1 Exploring Careers (con’t.)
Step 1 Decide on a long-term goal.
Step 2 Decide on actions that will
lead to the long-term goal.
Step 3 Take action!
Step 4 Diversify your skills.
Step 5 Realize the long-term goal.
Step 1 Decide on a long-term goal.
Step 2 Decide on actions that will
lead to the long-term goal.
Step 3 Take action!
Step 4 Diversify your skills.
Step 5 Realize the long-term goal.
Check Your UnderstandingCheck Your Understanding
What consequences might
result from choosing a career that
conflicts with your values and
lifestyle goals?
What consequences might
result from choosing a career that
conflicts with your values and
lifestyle goals?
Section 1 Exploring Careers (con’t.)Section 1 Exploring Careers (con’t.)
Section 2 Accounting Careers: The Possibilities Are Endless!
Section 2 Accounting Careers: The Possibilities Are Endless!
What You’ll Learn
The variety of career opportunities
available to accountants.
The types of businesses and
organizations that hire accountants.
What You’ll Learn
The variety of career opportunities
available to accountants.
The types of businesses and
organizations that hire accountants.
Why It’s Important
Explore all the careers available in accounting! You wouldn’t want to miss a great opportunity just because you didn’t know it existed.
Why It’s Important
Explore all the careers available in accounting! You wouldn’t want to miss a great opportunity just because you didn’t know it existed.
Key Terms accountant for-profit business not-for-profit organization accounting clerk certified public accountant public accounting
Key Terms accountant for-profit business not-for-profit organization accounting clerk certified public accountant public accounting
Section 2 Accounting Careers: The Possibilities Are Endless! (con’t.)
Section 2 Accounting Careers: The Possibilities Are Endless! (con’t.)
The Changing Horizon
An accountant handles a broad range of responsibilities, makes business decisions, and prepares and interprets financial reports.
The Changing Horizon
An accountant handles a broad range of responsibilities, makes business decisions, and prepares and interprets financial reports.
Section 2 Accounting Careers: The Possibilities Are Endless! (con’t.)
Section 2 Accounting Careers: The Possibilities Are Endless! (con’t.)
Accounting Professions in For-Profit Businesses
For-profit businesses operate to earn money for their owners.
Accounting Professions in For-Profit Businesses
For-profit businesses operate to earn money for their owners.
entertainment industry
retailers
sports industry
computer technologies
entertainment industry
retailers
sports industry
computer technologies
Section 2 Accounting Careers: The Possibilities Are Endless! (con’t.)
Section 2 Accounting Careers: The Possibilities Are Endless! (con’t.)
Accounting Professions in Not-For-Profit Organizations
Not-for-profit organizations
balance their income with expenses
rather than earning a profit for
owners or investors.
Accounting Professions in Not-For-Profit Organizations
Not-for-profit organizations
balance their income with expenses
rather than earning a profit for
owners or investors.
United Way
The Sierra Club
Boy Scouts of America
Government agencies
United Way
The Sierra Club
Boy Scouts of America
Government agencies
Section 2 Accounting Careers: The Possibilities Are Endless! (con’t.)
Section 2 Accounting Careers: The Possibilities Are Endless! (con’t.)
Accounting Professions in Public Accounting Firms
Public accounting firms provide accounting services to their clients.
Accounting Professions in Public Accounting Firms
Public accounting firms provide accounting services to their clients.
Deloitte and Touche
Ernst & Young
KPMG Peat Marwick
Price Waterhouse Coopers
Deloitte and Touche
Ernst & Young
KPMG Peat Marwick
Price Waterhouse Coopers
Section 2 Accounting Careers: The Possibilities Are Endless! (con’t.)
Section 2 Accounting Careers: The Possibilities Are Endless! (con’t.)
Check Your UnderstandingCheck Your Understanding
In business many decisions revolve around costs and potential earnings. For example, accountants might help create a picture, in numbers, of a proposed new product line, or they might be asked to suggest ways a company could cut its production costs. In addition to skill with numbers, what other skills do you think an accountant needs?
In business many decisions revolve around costs and potential earnings. For example, accountants might help create a picture, in numbers, of a proposed new product line, or they might be asked to suggest ways a company could cut its production costs. In addition to skill with numbers, what other skills do you think an accountant needs?
Section 2 Accounting Careers: The Possibilities Are Endless! (con’t.)
Section 2 Accounting Careers: The Possibilities Are Endless! (con’t.)