Accounting is a wide field with several areas of specialization available such as finance, tax and forensic accounting. The basic education requirement to become an Accountant is a 2 or 4-year degree in accounting. A bachelor’s degree or higher level of education such as Master of Business Administration may help in locating an ideal employment position. Besides, accounting, accountants also throw light on areas such as business management, finances and economics. Accountants are generally responsible for analyzing financial records for the purpose of evaluating taxes. Accountants are also useful in matters of financial advising like in banks and private financial institutions.