Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Career Outlook for those with a Financial Accounting Degree

Career News January 26, 2016

In a world where the services of a financial accountant are required by every organization, learn the education details, skills, the job growth rate and salary information for professionals in this career before you can decide if you should pursue the degree program.

Financial Accounting Overview

In most cases, financial accounting is offered as a subsection of accounting to students in Master’s degree level. The program is meant to equip students with important knowledge regarding accounting methods, financial statements and tax documents.

Career Options for those in Financial Accounting

Some of the common career choices that a graduate of financial accounting can pursue are certified public accounting, tax examination as a career or become a stockbroker.

Certified Public Accountant

A certified public accountant does auditing for companies, individuals, government organizations and nonprofit groups. In most cases, certified public accountants specialize in a specific area while in college. These areas may be financial analysis, tax preparation or financial auditing. As a general requirement, certified public accountants are expected to meet specific state licensing requirements before they can look for a job. Besides this, CPAs are also expected to pass the Uniform CPA Examination, which is often in four lengthy parts organized by the American Institute of Certified Public Accountants. After passing the exam, a CPA can then be licensed by the State Board of Accountancy.

The U.S. Labor of Bureau Statistics estimates that the average annual earnings for a professional in this area was $65,080 in 2013 while the job growth rate is expected to be around 13% up to the year 2022.

Tax Examiner

Tax examiners are the people who check for accuracy and validity of tax documents submitted to them by individuals or groups. They can often be found in local, state or federal government bodies. The basic education requirement before you can join this profession is a bachelor’s degree and some experience in accounting. They are also expected to be well conversant with the tax codes for the institutions that they work for. As for their salary, the BLS estimate that in 2013, a tax examiner earned an average annual salary of $50,610 while their job is likely to grow at a rate of 4% within the next few years (up to 2022).

Stockbroker

They help traders who deal with stocks, bonds and other securities. At times, stockbrokers are required to give investment advice to individuals and businesses that are new to such markets. The main employers for stockbrokers are individual business persons and business corporations.

While formal education is not a compulsory requirement, most stockbrokers now have a degree in accounting or a related field. To be specific, stockbrokers may consider pursuing degree programs in business management, economics, mathematics or as mentioned earlier, financial accounting. After graduation, most stockbrokers also seek attachments for at least four months in a recognized brokerage firm if they want to get meaningful employment. Additionally, a license from the General Securities Registered Representative might also be a necessary requirement before looking for a job. Finally, the BLS estimates that an average stockbroker earned $72,640 in 2013.

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Boldly pursue your future in business with an online degree from Post University
  • Degrees at all levels with concentrations in Finance, Marketing, and much more
  • Ranked in the Best Online Bachelors Programs for Veterans by US News & World Report
  • Ranked in the Best Online Bachelor’s Programs by the US News & World Report
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Ready to earn your business degree? If you identify with at least one of the statements below, GCU could be a good fit for you!
  • I have worked in the business field for a number of years and want to further my education in order to qualify for promotions, leadership positions, and salary increases.
  • I am graduating from high school and am interested in pursuing a career in a business field, but I first need the skills experience.
  • I am interested in a Bachelor's, Master's or Doctoral degree in my specialized business area of focus.
  • I want flexible course offerings, such as the option of 100% online, evening or campus classes.
  • I need a university that provides quality educational offerings through academic excellence and real-world relevance. Does this sound like you? Apply today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Earn your Bachelor of Business Administration (BBA) 100% online
  • Learn business and leadership skills through case studies and intensive projects, culminating in a capstone course
  • Program designed to teach students key concepts in accounting, financial services, and marketing
  • South University brings over 115 years of achievement and tradition to a supportive, online classroom
  • We're now Non-Profit.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Find Online Schools. 100% Online Accredited Courses
  • Get Matched to Programs In A Few Clicks!
  • Earn an Affordable Degree from Home at your own pace
  • Get College info today. Its Free and Easy!
  • Online Courses
  • Looking for an Online Business Degree Program That May Improve Your Career Options?
  • EarnMyDegree.com Can Help You Match Your Educational Goals With Your Desired Career.
  • Whether You Are Looking to Earn a Degree Online, or Study at a Nearby Campus, This Is The Place to Connect With a College That May Be Ideal for You.
  • Browse Through Our List Of Online Colleges and Traditional Schools to Determine Potential Places to Earn a Degree NOW!
  • Online Courses

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Boldly pursue your future in business with an online degree from Post University
  • Degrees at all levels with concentrations in Finance, Marketing, and much more
  • Ranked in the Best Online Bachelors Programs for Veterans by US News & World Report
  • Ranked in the Best Online Bachelor’s Programs by the US News & World Report
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Why Earn Your Degree from GCU?
  • Options: Choose from a variety of undergraduate and graduate degree programs in Business, Nursing, Psychology, Education & more!
  • Convenience: Complete courses online, on campus, or a combination of both!
  • Earlier Graduation: Our 4-credit courses allow you to complete your degree program in less time.
  • Transfer Friendly: We will request your transcripts, evaluate your graduate coursework, and determine your anticipated graduation date within 24 hours.
  • Quality: Grand Canyon University was founded in 1949 and is regionally accredited. Learn more today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Online bachelor's programs include BBA, Criminal Justice, IT, Healthcare Management, Pscyhology & Public Health
  • Over 115 years of delivering quality education and personalized attention to students
  • We're now Non-Profit.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Find Online Schools. 100% Online Accredited Courses
  • Get Matched to Programs In A Few Clicks!
  • Earn an Affordable Degree from Home at your own pace
  • Get College info today. Its Free and Easy!
  • Online Courses
  • View Associates, Bachelors or Graduate Degree Programs in Business Near YOU!
  • Enter YOUR Needs and Requirements. Get Matched to the Perfect Campus or Online Degree Programs for You.
  • Free information for Business Administration and Management, Accounting, Marketing and Advertising, Business Information Systems Degree Programs and MORE.
  • Accredited, Flexible Business Administration and Management Degree Programs to Fit Your Time and Budget. Use our Matching Service - It's Easy and FREE!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!