2018 Accounting Internships: How to Apply

The following post is sponsored by Preply.com

Judging by Bureau of Labor reports, the market demand for positions of accountants is predicted to rise by 10% in the next ten years. This number is larger than for many other specialties. If you are a student and looking for an internship in accounting, Internet resources will definitely help you.

Many companies welcome trainees and interns for the summer time. First, you should know that accounting is versatile specialization, which is applied in several different spheres – bookkeeping of enterprises, audit, insurance, and finances. The practice can assist students to determine which sphere of accounting is better for them.

Nowadays, accountants are in the vanguard of business. An accounting internship helps developing skills in Microsoft Office, especially Microsoft Excel and other business accounting applications, which are used the most in this job. If you want to find a tutor for accounting online, visit this site: https://preply.com/en/skype/accounting-tutors.

While more and more accountant’s functions are related to computer software, these experts often focus on analysis and strategy, directly assisting the management of the enterprise to do business. A company accountant is an important player of a company team. So, when building your resume for sending to host companies, describe your skills and education.

If you work for a small business, you will get familiar with bookkeeping, invoices, and payments on bills. You will closely monitor companies’ accounts and build the customers’ base. Making calculations with the budget to analyze inefficiencies of different operations and problem areas is also important. The computer programs, such as Xero, Freshbooks, and Quickbooks are common for those companies.

In the medium-sized business, an accountant needs tools for sales, processing of orders, warehouse management, workflow, and regular reporting. To do this, you may use Sage Intacct, Microsoft Dynamics or NetSuite software.

Accountants of large corporations are involved in payments to their vendors, electronic transfers, sending and monitoring invoices, bills and many other sophisticated techniques and tricks that big companies use to “manipulate” sales or profits. These enterprises usually have their own in-house applications or accounting systems. SAP and Oracle are used as well.

CPA means a certificate of the specialist in financial accounting, assigned in many English-speaking countries. The CPA qualification is one of the most prestigious in the field of accounting and finance. When you become a CPA, it will open doors to your employment. Certification requirements vary by states but generally, you must have a bachelor’s degree in accounting, pass certification examinations, and have a certain level of experience.