Accounting is the language of business, and as a profession, it is changing rapidly in both the public and private sectors. Growth is necessary to accommodate these changes, and this growth is creating demand for new accounting professionals. An accounting degree is one of the most highly demanded. Accounting students of today will shape the future of the accounting profession. Pearl River Community College provides courses to help prepare the student for jobs in the accounting sector.
Public accounting firms range in size from small local practices to huge international firms. Public firms handle a wide variety of tasks with clients ranging from individuals who need help with their personal taxes to corporations that trade on Wall Street for hundreds of dollars a share. Public accountants can specialize in areas such as auditing, tax accounting, and management consulting.
Private accountants perform many of the same tasks as public accountants, but their jobs are tailored specifically to the company for which they work. The information collected in the private industry is used to help make better business decisions. As the business world continues to grow and evolve, the volume and complexity of the financial and non financial data will likewise grow, requiring corporate accountants and auditors to become more knowledgeable and more involved in decision-making processes. Accounting departments are becoming smaller and requiring technologically savvy professionals that are capable of creating methods of growth and increasing profit margins. The emerging accountant needs to be able to anticipate future company needs and then design and apply creative solutions to the company's business problems.