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Accounting Insights and Career Pathways

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Explore the world of accounting as we delve into annual salary, job demand, required degrees, and opportunities for advancement. Discover the life of Arthur Blank, co-founder of Home Depot, and recent news in the accounting field. Consider the potential of a career in accounting, its challenges, and varied opportunities.

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Accounting Insights and Career Pathways

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  1. Accounting By: Ryan Hinerman

  2. Definition • Recording, summarizing, analyzing, reporting, and filing financial information.

  3. What I Wanted To Know • Annual Salary • Employee Demand • Necessary Degrees • Job Outlook • Advancement Possibility

  4. What I Knew • Accounting dealt with a lot of financial information • It would be a very boring job • There were many different types of accounting

  5. Discoveries • You need at least a Bachelor’s Degree in Business . • You don’t need experience to find a job. • There is room for advancement. For example, becoming a CPA. • The Annual Salary for inexperienced workers is around $40,000. • The Annual Salary for experienced workers varies anywhere from $45,000 to $90,000.

  6. Discoveries (cont.) • The job outlook is good, looking to increase 18% from 2006 to 2016. 18% is greater than the national average. • Accounting is a popular job due to a low stress level, high compensation, and fast job placement

  7. Arthur Blank • Born September 27, 1942. • American Businessman • Fired from Handy Dan Hardware • Co-founded Home Depot • Business partner fired from Handy Dan Hardware as well • Succeeded business partner and became CEO • Retired in 2001 • Bought the Atlanta Falcons and the Georgia Force • Interested in buying other Atlanta Franchises

  8. Interview Questions • What inspired you to go into business? • Did your experience at Handy Dan Hardware influence your creation of Home Depot? • Did you have a previous interest in hardware, or was the creation of Home Depot purely based on your experiences at Handy Dan Hardware? • Was Bernie Marcus fired for the same reasons you were? • Why did you retire from CEO after such a short period of time?

  9. Recent News • Eli Mason, one of the more outspoken accountants dies at age 88. • He was one of the profession's most vocal critics of the large accounting firms. • He went blind in the 1970s, but he refused to use a walking cane or learn Braille. Instead he used his wife and assistants to help him memorize his speeches. • He even started playing golf with the help of a pro.

  10. Thoughts • Accounting may be a career to look into more as I get closer to college. • I still am worried about the extreme boredom. • Even if I get bored of being an accountant, there are plenty of other jobs that I would need the same degrees for.

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