This exercise will familiarize you with skill requirements, job descriptions, and salaries for accounting careers. LO13 Address: www.careers-in-accounting.com Instructions Go to the site shown above. Answer the following questions.

(a) What are the three broad areas of accounting (from “Skills and Talents”)?

(b) List eight skills required in accounting.

(c) How do the three accounting areas differ in terms of these eight required skills?

(d) Explain one of the key job functions in accounting.

(e) Based on the Smart Money survey, what is the salary range for a junior staff accountant with Deloitte & Touche?

Answer to Hilton Review It Question 4, p. 13 Hilton’s accounting equation is:

Assets
Liabilities  Stockholders’ Equity

$8,785,000
$7,002,000  $1,783,000