<p>I'm very skilled at math and science, and I have a love for problem solving. However I'm not great at classes like language arts and history. I'm not exceptional at reading (670 CR), and I find memorizing to be kind of boring. I'm better, though, at memorizing than I am at critical reading. It may be obvious that engineering would be my ideal career, however, I don't think I will make it into my top choice(Georgia Tech), and I may have to settle for UGA which has a good accounting program. My main goal is to have a successful career making good money while not completely destroying my social life(e.g. not investment banking). What would be the best route for me to take to make good money in accounting, and would I be a good accountant? I heard they can make upwards of $200,000.</p>
<p>Anybody? 10 char</p>
<p>Accounting requires approximately 4rd grade math - it’s relatively unusual that you do anything more complex than the 4 basic functions. Depending on the field, there’s a fair amount of arbitrary stuff to memorize, but you aren’t memorizing it in a vacuum - you understand the basic framework, and only memorize the bits that can’t be derived from the framework. (For example, in tax, the basic framework is “everything is taxable unless specified, and nothing is deductible unless specified.” The set of specified things is relatively small.)</p>
<p>It’s unlikely that you’ll make that kind of money without sacrificing your social life.</p>
<p>Does a 670 Critical Reading say you have sufficient reading skills for accounting?</p>
<p>Yes, 670 is good enough I think, and its not too shabby by the way. The math in accounting is not overly complex, but the concepts and analysis are. </p>
<p>There is a big difference between a staff accountant who does a repeatable process, and a finance executive. CFO’s and the audit partners they deal with get paid big $$ because they have huge responsibility and pressure. </p>
<p>To understand the way a set of corporate financial statements work well enough to be responsible for them is a big undertaking, and it varies with types of business. Much of the work is judgmental and can have multi million $ impacts to the bottom line. Forecasting the earnings requires a lot of business judgment and assumptions, and can have big implications internally and to the investors.</p>