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What You'll Do: Your job will likely entail compiling financial records, examining financial records to ensure accuracy and compliance with applicable laws and regulations, inspecting accounting books and systems with an eye toward improving efficiency, and assessing financial operations--which may include consulting with and making recommendations to management.

Yes, excellent mathematical, analytical and organizational skills are a necessity. But the accountant must also explain his or her findings to relevant parties from department managers to individual clients, as well as prepare detailed reports. Thus, people skills and the ability to communicate effectively both verbally and in writing come into play.

Education and Training: A bachelor's in accounting or a related field is typically required, though qualification requirements specifying a master's degree --either in accounting or in business administration with a concentration in accounting -- are becoming more and more common. As is licensure, most commonly the form of a CPA (Certified Public Accountant). CPAs are licensed by their respective state's Board of Accountancy, and requires completing various state requirements as well as passing a national exam.

Additional certifications from professional societies are available, offering evidence of competency in certain accounting specialities. They include the CMA (Certified Management Accountant), and CISA (Certified Information Systems Auditor) among others.

The Future: The Accounting profession is expected to grow at a rate of about 16% through 2020, adding some 190,000 positions to the national economy. Job prospects look brightest for those who have earned professional recognition beyond undergraduate college -- CPAs for example, and those with master's degrees.

The Pay: The U.S. Bureau of Labor Statistics reports a median annual wage of just over $70,000 for 2011.

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