An accountant fulfills a number of responsibilities, but basically the job calls for the collection, storage, organization, and analysis of information involving all the financial transactions of company. An accountant, individually or within a group, oversees the cycles of entrance and exits of financial resources and all the movements occurring therein. He or she is responsible in checking and comparing documents to make sure that money is channeled to right places, and therefore detect any discrepancy in the cash flow. An accountant is tasked to prepare different kinds of financial reports, among them daily sales and order reports, and daily tax reports.
Accountancy is a huge field to explore, and an accountant has an option to concentrate on a specific job function, depending on his or her expertise, and on the duties that a company would like to assign. He or she can work in financial analysis, financial planning, tax planning and management, corporate management, financial consulting, forensic accounting, auditing, and so many other sub-fields.
Accounting is a specific and very challenging skill being taught in college, and so prospective accountants should have a University degree in Accountancy, Commerce, Finance, Business Economics, or other business-related courses related that have substantial units in accountancy. Since the job is related to legal matters, most companies require that their accountants are licensed and successfully passed Uniform Certified Public Accountant examination. Corporations usually hire general accountants who have more than 3 years of working experience, preferably in a field related to the corporate industry. A General Accountant in the U.S. earns $41,000 a year, or $ 1,500 bi-weekly.