Psychology or accounting

Department of Education, National Center for Education Statistics up to 70, bachelor degrees in psychology were awarded, and up to 30, in accounting all around the United States. Numbers and Behaviors When accountants and auditors enter into relationships with clients, an undercurrent develops between the financial practitioner and client that involves dependency, trust and control.

The amount of time spent in both careers is almost the same, but psychology and accounting have very different education and skills requirements. Choosing a college major should be about interests, abilities, and passion, not money.

Although most students spend Psychology or accounting hours studying psychology, they spend almost no time exploring careers available to psychology majors after graduation. The problems with most of these studies of college major job prospects are twofold: Most students at the time of choosing psychology as a career think in the basic educational requirements, great job satisfaction, and good salary.

Accounting students learn to identify characteristics in decision makers that can help them spot personality types most likely to commit fraud or "cook the books. In the other hand, accounting is about the measurement, disclosure or provision of assurance about financial information primarily used by managers, investors, tax authorities and other decision makers to make resource allocation decisions within companies, organizations, and public agencies.

They are asking the wrong questions. SHARE Being a college professor, I often am asked by students and parents about the employment possibilities - and salaries - for psychology majors. For the past ten years psychology and accounting were two of the top ten potential career choices.

To probe possible cases of fraud or figure manipulation, auditors can be trained in cognitive psychology so that their approach to examining books and forming independent conclusions produces Psychology or accounting more successful audit. Industrial and Organizational Psychology. Understanding the way a client approaches decision making related to corporate earnings and expenditures is at the heart of the practice of cognitive psychology.

The Investor Mentality One interesting demographic recognized within the cognitive accounting psychology field focuses on the behaviors of investors. Greg Crabtree, writing for AccountingToday. Psychology is a field of the social sciences that studies the human and animal behavior and focuses on how motivation, emotion, and thought process function in relation to each other.

Follow me on Twitter: While some critics find cognitive psychology lacking in validity, accountants adopting cognitive methods when dealing with clients have to come to rely upon it.

Many psychology majors come into my course thinking only of clinical psychology in terms of their career prospects, and their eyes are opened. View Full Essay Psychology or Accounting Choosing a career is one of the most important decisions a person has to make in their life.

Another draw to psychology is the helping nature of the profession, but there are many ways to help others in careers other than clinical psychology e.

Decision Making Among the behaviors an accountant can assess when entering into a relationship with a client is the theory and practice of decision making, which she likely learned during human subject experimentation in undergraduate school.

Complexity of Audits When an auditor is hired to verify financial records, part of her job is looking for financial irregularities. A premier membership is required to view the full essay. It is so important because that is what people will have to do to support their selves throughout life.

I am at a college that makes it very easy to have multiple majors, some combinations that you rarely see at other institutions.

Take what I teach: According to the U. That is a very good strategy and for one primary reason: They focus solely on numbers income and of jobs ; they focus primarily on the prototypical careers for each major e.

These statistics show that psychology is a more potential career choice than accounting. Most students choose psychology as a career because it is about experiments and solutions for all kind of problems that have a relationship with mind.

So here is the lesson to college students: The evolution of the relationship between accountant and client morphs from number cruncher to counselor, but if the accountant has no grounding in cognitive psychology, the relationship that develops may not be as successful.

Additionally, people falling into this category tend to be reticent about disclosing the information an accountant needs to do her job, so the more training in cognitive psychology an accountant receives, the better able she is to do her job and manage her client as well.

For example, I have encountered several double majors in Psychology and Accounting student explanations: Accounting is all about money and businesses. I advise students to spend at least the same number of hours exploring psychology-related careers that they would spend on attending and studying for one college course upwards of hours.

Choose a major that interests you, one for which you are well-suited, and one that you are passionate about, but do your "homework" and seriously explore possible career paths, and the diversity of the field, before you graduate. There have been a several news reports of studies of the income and number of job openings associated with particular college majors.

The Cognitive Approach When Freud, Jung, Adler and contemporary colleagues first formulated psychological theories and published their findings, each school of thought took a different approach.My point is that a degree in psychology may seem a little scary to you at first in comparison to accounting, but it is very versatile.

There are lots of different directions you can go in, and you are not limited to. Dec 04,  · With accounting, many people are employed in-house or by accounting firms. Some psychologists are also employed in-house, especially in HR but it is a much much rarer gig and more competitive and harder to get.

How to Apply Cognitive Psychology to Accounting

Apr 09,  · But i wan to look it in a way for a good job and good lifestyle. I think with accounting we can manage our life well but with psychology it takes a long time to get a good degree. psychology as a career because it is about experiments and solutions for all kind of problems that have a relationship with mind.

Psychology is a field of the social sciences. Psychology typically doesn't fare well in these because the number of psychology majors is high (it's one of the most popular college majors), and the number of openings for psychologists [and typically that title implies a graduate degree] is relatively small.

Although a bachelor’s degree in psychology along with an accounting certificate might be enough to land an entry-level job, better opportunities are available if you go on to earn your master’s degree in accounting.

Some schools offer specializations in public accounting, management accounting, or government accounting, so if you know you want to make the best possible impression in one of these .

Psychology or accounting
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