Accountancy
What do Accountancy majors do?
AT A GLANCE
2012 Median Salary:
$55,000 (Bachelor)
$55,000 (MAS)
61.5% of accountancy students
pursue a master's degree,
primarily the Master of
Accounting Science (MAS).
2012 TOP HIRING EMPLOYERS
Deloitte
KPMG
Ernst & Young
PricewaterhouseCoopers
OTHER HIRING EMPLOYERS
BMO Capital Markets
Caterpillar
McGladrey
Navigant Consulting
Crowe Horwath
Accountants prepare, develop, analyze, evaluate, and verify financial documents. They disseminate information that their clients need to ensure that their businesses are run efficiently and that they comply with the terms of their contracts. The typical view of the accountant as the "bean counter" has changed and accounting has become more consulting-oriented.
Accountancy Department »
Career Options
PUBLIC ACCOUNTING
Audit – Examine company financial statements and report procedures to provide protection for creditors and stock holders.
Tax – Prepare a company’s year end tax statements, advise on mergers and acquisitions, and assist clients in complying with tax laws.
- 63% of 2012 Accountancy undergraduates started their careers in Public Accounting
- $55,452 mean salary
PRIVATE/CORPORATE ACCOUNTING
Coordinate the processing, recording, and reporting of financial and production information for the company. Additionally, develop, implement, and evaluate accounting systems by analyzing financial performance to make recommendations to management.
- 15% of 2012 Accountancy undergraduates started their careers in Private/Corporate Accounting
- $51,750 mean salary
CONSULTING
Perform database analysis, financial modeling, general business analysis, research, and generate reports for the client or project team. In addition, consultants are actively involved in the application and transfer of specific skills and knowledge to the client.
- 19% of 2012 Accountancy graduates started their careers in Consulting
- $55,600 mean salary
Sample Job Descriptions
Assurance & Advisory Business Services Staff with Ernst & Young
Assurance ‐ Our audit teams examine and attest to a company's financial statements, and test the controls over the accuracy and security of its financial information. This provides assurance to the people who rely on this information, including the company's owners and/or shareholders, its management and board, regulators, employees, business partners, and other interested parties.
Through our audit process, our teams delve deep into our clients' businesses and come to understand their performance strengths and vulnerabilities. As a result, we can provide our clients with insights on improving their businesses. As an audit professional with E&Y, you will get a thorough education in how businesses operate, as well as the industrial, technological,
and economic factors that are shaping the business environment.
Accountancy with Navigant Consulting
Associates at Navigant assist clients in addressing the critical challenges of litigation, regulation, risk and business model change. Typical project work includes offering law firms, major corporations and government agencies independent and objective advice supported by advanced technical skills, proven complex case competence and in depth industry knowledge.
Associates perform cost and schedule analyses for projects and assist with the preparation and review of damage claims, expert reports, and expert testimony related to business disputes, including those involved in litigation, arbitration, mediation or settlement negotiations. Our professionals also perform valuation analyses of public and closely held entities, tangible
and intangible assets, and financial instruments. Consultants will interact with company management through the due diligence process, assist with the development of financial models and conclusions of value, and assist with the writing of, and documentation for, a narrative report.
Tax Associate with PricewaterhouseCoopers
At PwC Tax, you’ll begin building your career with broad‐based client experiences that will help lay the foundation for you to become a credentialed professional. You’ll work with some of the world’s largest organizations, serving public and private companies from all sectors, including financial services, technology, consumer products, pharmaceuticals, and entertainment and media. As your career progresses toward Manager‐level, you will develop specialized skills and experiences in a particular tax area, whether it’s federal, state and local, international, transfer pricing, or mergers and acquisitions. You’ll gain this specialization through active participation on a wide range of projects that will allow you to see where your greatest talents and interests lie. In addition to on the job learning, you will also receive customized training throughout your career, which has been developed to help you become a leading tax professional.
Become part of PwC Tax and help us assist our corporate clients with their tax planning and compliance issues, locally and globally. Help us analyze and interpret tax policy. Help us advise high net worth individuals on how to grow and preserve their wealth. Join us and we will help you implement a successful career strategy as you explore the many career opportunities in PwC Tax.
Enterprise Risk Services (ERS) Consultant with Deloitte
Within Deloitte, our Control Assurance practice identifies, develops, and tests internal control policies and procedures within business process and information technology environments. These services may be provided as part of an internal audit or audit of financial statements, or as individual projects resulting from major organizational changes, implementation of new technologies, or reliance on third party service providers. In addition, we provide assurance in connection with custom system development projects and applications requiring the testing of data quality and integrity.
Companies face an increasing variety of internal control requirements today, including those associated with Sarbanes-Oxley, as well as other industry and control requirements. Our Control Assurance practice works with organizations to effectively leverage controls to meet requirements and to benefit the business.
Current Opportunities on I-Link