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Why is accounting a profession? Accounting is a profession because it fulfills the three central and three common features. But just because accounting is a profession does not mean that the people who are the accountants are perfect. ... In order to get into the accounting field, one at least needs to have a bachelor’s degree in accounting or finance (Foster-Simeon). ... There are many accounting firms out there that will not even consider an applicant with less than a 3. ... First there are auditors who have to check accounting ledgers and financial statements. Then there are financial accountants who prepare the financial statements, make important financial decisions involving mergers and acquisitions, benefit planning and long-term financial projections (Careers in Accounting). ... bean counters) major functions include cost analysis, analysis of new contracts and participation in efforts to control expenses efficiently (Careers in Accounting). There are also the tax accountants who prepare corporate and personal income tax statements (Careers in Accounting). ...
According to the book, Ethical Standards of the Accounting Profession, the public expects each professional to be competent, responsible, and have a desire to serve the public. ...
Accounting is considered a profession and along with that title comes some problems.
Approximate Word count = 1325
Approximate Pages = 5.3
(250 words per page double spaced)
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