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2. Copyright © by The McGraw-Hill Companies, Inc. All rights reserved.Glencoe Accounting Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. A successful career choice begins with learning about yourself. Home

3. Copyright © by The McGraw-Hill Companies, Inc. All rights reserved.Glencoe Accounting 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. Glencoe AccountingCopyright © by The McGraw-Hill Companies, Inc. All rights reserved. Home

4. Copyright © by The McGraw-Hill Companies, Inc. All rights reserved.Glencoe Accounting 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 Home

5. Copyright © by The McGraw-Hill Companies, Inc. All rights reserved.Glencoe Accounting 1.2 Accounting Careers: The Possibilities are Endless! Section 1.2 As an accountant, you could work for Big-name businesses like Nike or Hard Rock Cafe Movie producers What is an Accountant? Well-known celebrities like Will Smith or Natalie Portman Publishers of magazines such as PC World or Sports Illustrated Home An accountant handles a broad range of responsibilities, makes business decisions, and prepares and interprets financial reports

6. Copyright © by The McGraw-Hill Companies, Inc. All rights reserved.Glencoe Accounting What is an Accounting Clerk? Section 1.2 accounting clerk An entry-level job that can vary from specializing in one part of the system to doing a wide range of tasks. Accounting Careers: The Possibilities are Endless! Home

7. Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Certified Public Accountant (CPA) An accountant who has met certain education and experience requirements and passed a national test. New Jersey State Board of Accountancy –responsible for licensing CPAs –have at least 150 semester hours of college education –a bachelor’s degree –a year of public accounting experience –passing scores on both the Uniform CPA Exam and on New Jersey’s ethics, laws, and regulations exam. Glencoe Accounting

8. Copyright © by The McGraw-Hill Companies, Inc. All rights reserved.Glencoe Accounting Types of Organizations There are many career opportunities for accountants in For-profit businesses Not-for-profit organizations Public accounting firms for-profit business A business that operates to earn money for its owners. not-for-profit organization An organization that operates for purposes other than making a profit. Section 1.2 Accounting Careers: The Possibilities are Endless! Home Public Accounting Firms Provide clients with a variety of accounting services including the independent audit,

9. Copyright © by The McGraw-Hill Companies, Inc. All rights reserved.Glencoe Accounting What is an Audit? Section 1.2 Audit – The review of a company’s accounting systems and financial statements to confirm that they follow generally accepted accounting principles. Accounting Careers: The Possibilities are Endless! Home Independent Audit – is not done by company employees. Instead, it is done by CPA’s who work for public accounting firms.

10. Copyright © by The McGraw-Hill Companies, Inc. All rights reserved.Glencoe Accounting  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 Question 1 Fill in the blank to identify: 6.Deloitte & Touche 1.General Motors 10.KPMG 5.Walt Disney World 9.Ernst & Young 4.PricewaterhouseCoopers 8.Boeing3.American Lung Association 7.National Cathedral 2.MTV F F N P F P N F P P Home