II. Overview of the Field of Accounting
III. Career Overview in Tax Accounting
1. Table A: Salaries in Tax Accounting
2. Table B: Salaries in General Accounting
IV. How to Manage the Career in Tax Accounting
This paper provides a general overview of the field of accounting. In particular, it offers insight into the past, present, and future trends in the industry with emphasis on how these trends have affected college majors and college graduates' decision to enter the field of accounting. It then gives a general overview of the field of tax accounting, and the general education requirements and job opportunities offered by such a specialization.
The paper then continues to offer insight into the various requirements of the differing fields of tax accounting such as working as a tax technician in the government, a public accountant for the government, or a sole or corporate tax accountant. The responsibilities of each of these jobs differs despite the fact that they all fall under the heading "Tax Accounting." In addition, the salaries in each of these areas will differ based on a number of factors as discussed in the paper.
Finally, the paper offers insight into the personality and extracurricular activities necessary for the successful practice of tax accounting. It concludes that the field requires a person who has a substantial interest in the field and who is willing to involve themselves in seemingly unrelated areas to ensure successful practice.
Martin Rosenberg describes accounting as "financial mapmaking" (2). Basically, it is the responsibility of the accountant to organize, chart, and present complex transactions and financial interrelationships in a reliable fashion. While not all the information an accountant gathers and processes is necessarily useful, the accountant's true significance lies in his or her assurance that the information gathered and processed is verifiable, obje...