there definitely is a need for the skills and knowledge learned in accounting...

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Presentation transcript:

there definitely is a need for the skills and knowledge learned in accounting...

Need for Accounting Knowledge è Used in Business All businesses need to keep accounting records. è Business Majors Business Management most popular College/University major (22%) 2nd in Two-year Colleges (19%) è Personal Applications Banking, Payroll, Taxes, Investing, Business Vocabulary, Business Forms, etc. è CPA Shortage Not enough Certified Public Accountants to supply the job market

Why Take High School Accounting? Business Major Accounting Job Non-accounting Job Personal Use Four Possible Scenarios

Why Take High School Accounting? Major in Accounting or Business

The first accounting course in most colleges is Managerial Accounting which assumes some knowledge of Financial Accounting. If you don’t understand debits and credits when you get there, you may be in trouble before you start.

1 in 5 college students major in Business Management. 5 million employees are needed by 2006 in 11 business related careers requiring college degree. --- U.S. Dept of Labor

Why Take High School Accounting? Major in Accounting or Business Work after high school in accounting-related job

The skills learned in high school accounting can enhance your worth to your employer.

2 of top 10 largest growing career areas not requiring college degrees are Cashiers and Retail Salespersons. 20 million + employees are needed by 2006 in 14 business-related career areas not requiring a college degree. These careers have average incomes in excess of $20, U.S. Dept of Labor

Why Take High School Accounting? Major in Accounting or Business Work after high school in accounting-related job Work in non-accounting job

Regardless of the career field, employers want people who have these skills:  Problem solving  Critical thinking  Understanding of business/profit motive  Organization/accuracy/integrity  Use of technology All skills that are essential in the high school accounting classroom.

Why Take High School Accounting? Major in Accounting or Business Work after high school in accounting-related job Work in non-accounting job Personal application only

Even if your work does not involve accounting- related skills, the following skills can be helpful in your everyday life:  Understanding of business vocabulary  Use of business forms  Knowledge of payroll concepts  Understanding of taxes  Types of investments  Procedures used for banking  Effective use of budgeting  Entrepreneurial sense

Accounting has long been called “The Language of Business” Look at all the other ways it can help you as well...

Accounting “The Elective of Choice” Language of business Forms of business Business documents Banking Payroll Inventory Profit concept Problem solving Critical thinking Accuracy Business vocabulary Entrepreneurial spirit Career preparation College preparation Ethics Communications Investments Taxes Budgeting Business Math Technology

Who Needs Accounting?

Everyone!

Enroll in Accounting now! to assure success in your future!