Regulations Lead to More Accounting Jobs
Regulations Lead to More Accounting Jobs
While protecting investors from future big corporate scandals by improving the reliability and accuracy of corporate disclosure was the intent of the Sarbanes-Oxley law, one big net effect of the legislation has been increasing the need for those with accounting degrees.

What's "Sarbox"?

Named after two senators, Paul Sarbanes and Michael Oxley, the Public Company Accounting Reform and Investor Protection Act, better known as Sarbanes-Oxley or or "Sarbox", was designed to update audit requirements. But in part because "Sarbox" added complex new regulations on how corporate finances are handled, the legislation has driven an increase in business for accounting firms big and small - leading to more jobs for those who've earned their accounting degree.

Considering an Accounting Job?

If you think working for one of the "Big 6" - as the largest six accounting firms in the country as known, you should, ideally, have an aptitude for math and be able to compare, analyze and interpret figures and facts quickly. You should also have a strong sense of right and wrong and be willing to learn about computers, business systems, basic accounting software, and accounting programs.

Starting Your Accounting Career

Most accounting jobs require a bachelor's degree in accounting or a similar field with roughly 24-semester hours in accounting or auditing, or a combination of experience and education. Many accounting firms also prefer job applicants who have internal auditing and accounting software experience, which is why getting on-the-job training in an internal auditing position or completing a part-time internship while you study can be helpful if you are looking to work for a large (or small) accounting firm.

The Rewards

According to the Bureau of Labor Statistics, a big reward awaits those who opt for a career in accounting. There will be as much as a 20% growth in accounting-related jobs until 2012.

So if you think you might enjoy helping business to track their income and expenses while helping owners evaluate their company's financial status? Then an accounting career might be a sensible choice for you.

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