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Useful Tips On Accounting Career By Tag44

Posted by tag44jobs on May 20, 2009

Accounting is basically the study of how different businesses keep track of their assets and income over a certain period of time. There are many things to learn from pursuing a career in accounting. One of the main lessons is to learn how different businesses work. Accounting is the language of every business. It is the system that transforms different types of information into reports, quantifies all business activities, and communicates the results to the top-level management.

Accounting careers could be just about the right thing to bring to you that much needed satisfaction and that much needed sense of accomplishment into your life. Along with medicine and other similar health related careers, accounting professionals belong to the elite group of professions like Tag44 that are expected to see enormous growth in the next couple of years.

Today, graduates from any one of those established four year accounting programs are now earning almost 4% more in terms of starting pay, especially those who are straight out of college.

In addition, there are many top-notch degree programs for accounting and that are only for 2 years. However, your choice will eventually depend on a number of factors like career objectives, the amount of money that needs to be invested in your education, whether you can or not attain a student loan, what is your schedule like, and so and so forth.

If you are looking for the right kind of accounting education so as to build and manage your own small business or non-profit organization, then it would be better for you to take classes from your local community college or any other type of learning center than get free career counseling from Tag44.

In most of the larger towns and cities, there are plenty of learning centers that offer a wide range of classes, right from home improvement to cooking to even accounting. Ask around at the local library or at the community college and find out what the learning opportunities and career opportunities are.

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Tag44 Guide To Accounting Careers

Posted by tag44jobs on May 20, 2009

Any educated individual with an analytical understanding of finances can aspire to be an accountant. Interpersonal skills, ability to communicate and market awareness play a key role in understanding the complex and changing financial environment. Following are the different types of accounting careers given by Tag44:

Financial Accounting
This type is based on rules issued by the Securities and Exchange Commission (SEC), the Financial Accounting Standards Board (FASB) and the International Accounting Standards Committee (IASC). The work of the financial accountant is to make analytical observations that would influence the investment and credit decisions.

Public Accounting
This type of accounting is the most varied type and includes bookkeeping, account management and financial analysis for individuals, private businesses, public firms, government or NGOs, which are based either based nationally are internationally. A public accounting business can have one or more accountants and both certified and non-certified accountants can provide public accounting services to their clients by Tag44. A public accountant can also be involved in external auditing or forensic accounting. Public accounting involves analyzing historical financial data to check for any discrepancies such as money laundering, embezzlement, frauds and any other illegal financial transaction and draw it to the attention of the law enforcement authorities.

Government Accounting
This form of public accounting is specific to government agencies and ensures all revenues and expenditure are in accordance to law. The conventional accounting methods of double entry system in ledgers and journals are used here at Tag44. Government accounting is differentiated from other types of accounting in respect of providing service that is not profit based but service based. Government accountants are employed by the federal government, either as a part of the IRS or any other budget or asset management division.

National Income Accounting
This type of accounting is predominantly for the government and is responsible for providing the general public the data with reference to the gross national product about all market-related information, such as the value of the country’s goods and services provided and its purchasing power.

Management Accounting
Accountants who specialize in this type of accounting are also known as private, industrial or corporate accountants. Management accountants provide their services to business houses for recording and studying the company’s financial data. Their portfolio in the private firms includes cost and asset management, budgeting and performance evaluation. This is more on the basis of employer-employee relation. They also perform internal audit to review the company financial management practices and keep an in eye for any mismanagement and fraud. The accountants who perform these audits have specializations in, compliance auditing, information technology auditing or environmental auditing.

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Jobs in Accounting and Finance Firm

Posted by tag44jobs on April 27, 2009

We at Tag44 maintain a close and active relationship with the leading accounting and risk management consulting firms, and leading domestic and international banks and other financial institutions, including some of the hottest hedge funds in the industry. We work with and place high-quality candidates at all levels, with an emphasis on executive management.

A partial list of our active job categories includes business, financial and quantitative analysis, corporate finance and financial management, trading, compliance, all forms of risk management, marketing, sales, and much more. Looking at the economic scenario and with the ever changing economic structure, both private and public, the need for top financial and investment talent is great. Tag44 Finance division works with talented individuals with knowledge, skill and abilities in the wealth management, portfolio management, and investment arenas.

Our recruiters, all senior industry veterans with successful careers in financial and related industries, have been on both sides of the desk and won’t waste your time. We understand the products, the problems and the corporate culture and stay on top of market and regulatory changes and the evolution of industry requirements and practices. We find the best fit for the candidate, the job and the company. Tag44 team assists in thriving small companies looking to expand their capabilities; and we locate research and match potential merger opportunities that complement and generate synergy with the goals of parent companies.

Our expert recruiters at Tag44 understand that in today’s financial climate, the audit process must include an assessment of how clients’ business risks affect their financial statements. Moreover, changes in risk management, globalization and technological advancements are redefining the role of internal audit professionals. The candidates we place must have a true awareness of a company’s objectives, risk management priorities, and the diverse needs of critical stakeholders. As industry veterans, our recruiters have a unique edge in seeking out the right candidates for our clients. We actively place professionals who have mastered the skills as well as the advanced tools and techniques to ensure that they provide real value to their companies.

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