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What is Accounting?

Accounting has often been called the language of business because it provides information about business enterprises to managers and other employees, investors, creditors, regulators and the public. Accounting is an ongoing process of identifying important information about a business or other entity, then measuring, recording and maintaining the information in an accounting system. Periodically, this information is communicated to internal and external users in the form of reports and financial statements. This process is carried out in accordance with generally accepted principles, laws and regulations, and ethical standards.

What Do Accountants Do?

Accountants work with businesses of every size to set up and maintain the systems that collect and report information about business activity. Coastal Carolina University's accounting program offers two concentrations: certified public accountant (CPA) and certified managerial accountant (CMA). Recent graduates of the CCU accounting program have taken jobs with public accounting firms like Deloitte and Touche, Pricewaterhousecoopers, and local and regional firms as auditors and tax experts. Others work in the corporate finance area, are self-employed as CPAs, work in the U.S. State Department, the criminal investigation division of the Internal Revenue Service and the Social Security Administration. Students have the opportunity to work as interns during college, and many participate in volunteer work with the IRS's Volunteer Income Tax Assistance (VITA) program.