Internal Audit and Michele Mark Levine Essay

Submitted By jacksully93
Words: 586
Pages: 3

It is always so hard to give the exact number of people who have majored in accounting, but one thing that I know is that the demography is very wide and large. This is because they have different reasons for majoring in this career path. The most common reason to all people is because accounting is a marketable career and they merely want to find a job. The number of people majoring in this field is growing immensely and the most important thing is to consider the main reason of joining this profession.
Accounting is the study of how businesses track their income and assets over time. Accountants engage in a wide variety of activities besides preparing financial statements and recording business transactions including computing costs and efficiency gains from new technologies. There's a lot to get out of a career in accounting. The basics of how a business works will be learned. The field of accounting offers stimulating and challenging work that is constantly evolving. Now they’re plenty of accounting careers out there, for example there is government accounting, and internal auditing, as well as management accounting, and accounting recruiting (Scarpati, 2012, pg.14).
Focusing on government accounting, this is a type of career that many people can overlook. A woman by the name of Michele Mark Levine was able to help give information on this. Mrs. Levine is the director of accounting services for the New York City Office of Management and Budget (Scarpati, 2012, pg.14) She provided information and resources that are useful for interested educators and students. One of the topics she discussed was about what people with accounting degrees can do in a government setting. A lot of sectors are private. Most of those accounting and auditing has a governmental counterpart (Scarpati, 2012, pg.14). What made a lot of people interested in this field were, the favorable work and life balance, employee benefits such as health insurance and benefit plans.
Internal auditing, which like Government Accounting was overlooked as well. Charles Windeknecht, who is the vice president of the internal audit function of Atlas Air Worldwide, explained why internal auditing represents an important cornerstone in corporate governance (Scarpati, 2012, pg.15). This internal auditing was designed to add value and improve an organization’s operations. It basically helps an…