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Word Count: 212
Gone is the old stereotype of an accountant with eyeshade and bifocals sitting hunched back with a pencil in hand over pages of tiny figures Accountants today come equipped with calculators computers sophisticated management techniques and more often than not advanced degrees About 1 million accountants work in the US and almost all of them work in the corporate sectorIn the most basic terms what accountants do is prepare and analyze financial reports that provide managers with the information they need to make decisions Which also includes compiling analyzing verifying and preparing financial records including profit and loss statements balance sheets cost studies and tax reportsThe accounting field is divided into four segments 60 work in industrial accounting 25 in public accounting 12 in government 3 in educationBeginning salaries for accountants with a bachelors degree average 28400 a year those with a masters degree average 32400 year Accountants in large firms and with large corporations receive typical benefits including paid vacation and sick days insurance and savings and pension plans Employees in smaller companies generally receive fewer fringe benefitsAccounting is known as a desk job and a 40 hour work week can be expected Although computer work is replacing paperwork the job can be routine and monotonous and concentration and attention to detail is crucial
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