Accounting Jobs

The future of accounting is bright according to the Industry Survey Statistics, which projects a 34% increase in job openings by next financial year. Much of this reflects the increasing complexity of corporate transactions and growth in government. Demand is especially high in the International Sector.

According to the survey, as the global economy grows, the number of international & national business establishments will increase, requiring more Indian accountants and auditors to set up books, prepare taxes, and provide management advice. Changing financial laws and regulations, and increased scrutiny of company finances will also drive growth.

Accounting : Job Options

Audit
The work of an auditor involves examination of accounting of ledgers and financial statements within corporations and government.

Budget Analysis
Budget analysts develops and manage an organizations financial plans. There exist extensive job opportunities in this area in government as well as the private sector.

Financial
Financial accountants prepare financial statements based on ledgers and are engaged in significant financial decisions involving mergers & acquisitions, planning and long-term financial projections.

Management Accounting
Management accountants participate in judgments about capital budgeting and business analysis. Their job profile consists of cost analysis, analysis of new contracts and participation in efforts to control expenses efficiently.

Tax
Tax professionals prepare corporate and personal income tax statements and formulate tax strategies. This kind of work requires an extensive knowledge base of economics and current tax code.

Accountants Work at :
Public Accounting Firms
Professionals employed in such enterprise work in partnerships, which bestow accounting services to individuals, businesses and government. This field offers progressive potentials to Indian audit managers, tax managers or partners.

Government
Government accountants have the option of working at the local/state level or the central level. They may be involved with administration and formulation of budgets, cost tracking or program analysis.

Various Corporations
International Corporations, be it big or small commonly have an accounting group (consisting of audit manager, tax manager & cost accounting manager), which prepares the firm's fiscal statements, handles tax issues, tracks costs and works on international transactions.