A public accountant is responsible for preparing and analyzing financial reports for individuals and companies to ensure there are no discrepancies.
Public accountants are external consultants and advisors for corporations, small businesses, non-profits organizations, government entities, and individuals. A public accountant differs from a private account: they remain completely objective and are not paid by the client’s payroll, but are paid through consulting fees. Meeting with clients is an essential part of a public accountant’s job duties.
In addition to working for the well known public accounting firms, public accountants may work for smaller public accounting firms throughout the country. Some examples are:
Deloitte LLP is one of the largest public accounting firms and a member of the Big 4, the top public accounting firms in the US.
Mayer Hoffman McCann P.C.
According to the US Bureau of Labor Statistics, accountants and auditors across all industries make an average salary of $61,690 per year. The BLS estimates that the demand for accountants in all fields will increase by 16% between 2010 and 2020. Therefore public accountancy is a strong growth field for those looking to start accounting careers.
How to get there:
Public accountants must have a minimum of a bachelor’s degree, preferably in accounting or a strongly related field like business or economics. Most public accountants also pursue a master’s degree in accounting or a Master of Business Administration. A master’s degree qualifies the candidate to take the Uniform CPA Exam in most states.
Confident and enthusiastic
Collaboration and synthesis
Fluent in speech