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2. A successful career choice begins with learning about yourself.
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Glencoe Accounting
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3. Identify career opportunities in the accounting field.
Describe the types of businesses and organizations that hire accountants.
Compare for-profit businesses and not-for-profit organizations.
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Glencoe Accounting
Glencoe Accounting
Copyright © by The McGraw-Hill Companies, Inc. All rights reserved.

4. Key Terms accountant accounting clerk
Accounting Careers: The Possibilities are Endless!
Section 1.2
Key Terms
accountant
accounting clerk
certified public accountant (CPA)
for-profit business
not-for-profit organization
public accounting firm
audit
independent audit
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5. What is an Accountant?
1.2
Accounting Careers: The Possibilities are Endless!
Section 1.2
An accountant handles a broad range of responsibilities, makes business decisions, and prepares and interprets financial reports
As an accountant, you could work for
Big-name businesses like Nike or Hard Rock Cafe
Movie producers
Well-known celebrities like Will Smith or Natalie Portman
Publishers of magazines such as PC World or Sports Illustrated
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6. Types of Organizations
Accounting Careers: The Possibilities are Endless!
Section 1.2
for-profit business
A business that operates to earn money for its owners.
There are many career opportunities for accountants in
For-profit businesses
not-for-profit organization
An organization that operates for purposes other than making a profit.
Not-for-profit organizations
Public Accounting Firms
Provide clients with a variety of accounting services including the independent audit.
Public accounting firms
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7. What is an Audit?
Accounting Careers: The Possibilities are Endless!
Section 1.2
Audit – The review of a company’s accounting systems and financial statements to confirm that they follow generally accepted accounting principles.
Independent Audit – is not done by company employees. Instead, it is done by CPA’s who work for public accounting firms.
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8. Fill in the blank to identify:
Question 1
Fill in the blank to identify:
F = businesses you think are for-profit businesses
N = businesses you think are not-for-profit organizations
P = businesses you think are public accounting firms F N P
Deloitte & Touche
General Motors
National Cathedral
MTV
American Lung Association
Boeing
Ernst & Young
PricewaterhouseCoopers
Walt Disney World
KPMG
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9. Working in the Industry
Accounting Careers and Salaries
An employee’s salary is dependent on a number of factors such as firm size, location, education level, amount of experience, and any designations or certifications.
In all positions, a high degree of verbal, written, and people skills are required to advance to the higher-paid positions.
Glencoe Accounting

10. Accounting Careers and Salaries Reading and Note-Taking Guide
Complete
Accounting Careers and Salaries Reading and Note-Taking Guide
Job Descriptions and Interview Prompts Project
Glencoe Accounting