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Chapter 1. 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. Section 2 Accounting Careers: The Possibilities Are Endless! (con’t.).
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Chapter 1 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.
Section 2 Accounting Careers: The PossibilitiesAre Endless!(con’t.) Chapter 1 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 PossibilitiesAre Endless!(con’t.) Chapter 1 Accounting Professions in For-Profit Businesses For-profit businesses operate to earn money for their owners. • entertainment industry • retailers • sports industry • computer technologies
Section 2 Accounting Careers: The PossibilitiesAre Endless!(con’t.) Chapter 1 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
Section 2 Accounting Careers: The PossibilitiesAre Endless!(con’t.) Chapter 1 Accounting Professions in Public Accounting Firms Public accounting firms provide accounting services to their clients. • Deloitte and Touche • Ernst & Young • KPMG • PricewaterhouseCoopers
Section 2 Accounting Careers: The PossibilitiesAre Endless!(con’t.) Chapter 1 Check 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?
Section 2 Accounting Careers: The PossibilitiesAre Endless!(con’t.) Chapter 1 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