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Become An Accounting Internship

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Working As An Accounting Internship

  • Interacting With Computers
  • Processing Information
  • Getting Information
  • Evaluating Information to Determine Compliance with Standards
  • Organizing, Planning, and Prioritizing Work
  • Mostly Sitting

  • Repetitive

  • $67,190

    Average Salary

What Does An Accounting Internship Do At Principal Financial Group

* During these paid internships, students will work full-time while enhancing and applying their accounting skills and developing professionally.
* Once a candidate is selected for this program they will be placed into one of the following accounting areas within the Accounting Community at Principal: Retirement and Income Solutions, Principal Global Investors (Asset Management), Principal International, or Principal Real Estate Investors
* Each intern opportunity will differ based on the business needs and the nature of the business area.
* Generally interns will be exposed to or be responsible for:Preparing internal or external financial reports, and/or tax returnsParticipating in the monthly/quarterly financial statement close processesTesting and documentation of internal controls over financial reporting as part of the organization's SOX complianceVariance and trend analysisAssistance in preparation of quarterly forecastsAssistance with projects as neededAll applicants must be available to work full time in Des Moines, IA May
* December 2018

What Does An Accounting Internship Do At Turner Construction Company

* Assist in logging various compliance notices.
* Assist in managing accounts payables and receivables, including communicating with subcontractors and vendors regarding invoices.
* Assist in reviewing ledgers and correcting mis-posting through Journal Entries or Accounts Payable.
* Assist in weekly check disbursement
* Assist in providing documentation for internal and external auditors.
* Process and/or distribute checks received
* Data entry of accounts payable items
* Establish solid communication with all staff, both project and corporate.
* Any other specific duties as assigned by the Accounting department

What Does An Accounting Internship Do At Berry Global Inc.

* Coordination with external auditors regarding regular audit requests and inquiries
* Monthly review of the plant account reconciliations.
* Review involves follow-up with the plants on noted deficiencies when further support is required
* Work with Divisional Finance Management to remediate any noted deficiencies and determine follow-up actions
* Identify accounting treatment issues as appropriate and work with Corporate Accounting to provide guidance as issues are brought to Corporate’s attention
* Various other special projects as needed

What Does An Accounting Internship Do At Centurylink

* Cash Accounting
* Assist with Bank Reconciliations, daily balancing, reconciliation and other balance sheet accounts
* Load bank statements into SAP for reconciliation
* Research and explain any outstanding cash reconciliation items
* Run SAP, WebFocus, Ensemble and various other reports to assist with cash variances and reconciliation
* Act as a liaison between Finance and Recon tool administrator for updates
* Research journal entries for reclassification
* Inventory Accounting
* Research inventory transactions for resolutions
* Research journal entries for reclassification
* Run SAP, WebFocus, Ensemble and various other reports to assist with journal entry reclassifications
* Populate SAP based on reports
* Preparation of reports for managers
* Revenue Accounting
* Prepare invoices
* Assist with revenue processing while learning reimbursement systems
* Assist Accountants with financial analysis and reconciliations
* Assist with account payables and receivables
* Assist with audit preparation
* Populate SAP based on reports
* Preparation of reports for managers

What Does An Accounting Internship Do At Invesco

* Develops, maintains and updates accounting records for client assets
* Assists and/or prepares financial statements, client reporting information, consultant reports and other financial reports on a monthly and quarterly basis
* Supports Senior Accountants, Asst.
* Controllers, and Controller with the external audit and drafting audited financial statements of their respective properties and/or real estate portfolios as appropriate
* Coordinates and manages the general accounting function concerning the accuracy and maintenance of the ledger accounts and resulting property financial statements
* Assists in reviewing tax returns
* Assists with development and implementation of policies and procedures as appropriate
* Maintains a working relationship with portfolio and asset managers as a part of the portfolio team
* Effectively communicates and interacts with third party property management accountants
* Prepares monthly/quarterly distribution notices to clients and calculates advisory fees
* Reconciles client working capital and tax and insurance escrow accounts monthly
* Other duties as assigned

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How To Become An Accounting Internship

Most accountants and auditors need at least a bachelor’s degree in accounting or a related field. Certification within a specific field of accounting improves job prospects. For example, many accountants become Certified Public Accountants (CPAs).  


Most accountant and auditor positions require at least a bachelor’s degree in accounting or a related field. Some employers prefer to hire applicants who have a master’s degree, either in accounting or in business administration with a concentration in accounting.

A few universities and colleges offer specialized programs, such as a bachelor’s degree in internal auditing. In some cases, those with associate’s degrees, as well as bookkeepers and accounting clerks who meet the education and experience requirements set by their employers, get junior accounting positions and advance to accountant positions by showing their accounting skills on the job.

Many colleges help students gain practical experience through summer or part-time internships with public accounting or business firms.

Licenses, Certifications, and Registrations

Every accountant filing a report with the Securities and Exchange Commission (SEC) is required by law to be a Certified Public Accountant (CPA). Many other accountants choose to become a CPA to enhance their job prospects or to gain clients. Many employers will often pay the costs associated with the CPA exam.

CPAs are licensed by their state’s Board of Accountancy. Becoming a CPA requires passing a national exam and meeting other state requirements. Almost all states require CPA candidates to complete 150 semester hours of college coursework to be certified, which is 30 hours more than the usual 4-year bachelor’s degree. Many schools offer a 5-year combined bachelor’s and master’s degree to meet the 150-hour requirement, but a master’s degree is not required.

A few states allow a number of years of public accounting experience to substitute for a college degree.

All states use the four-part Uniform CPA Examination from the American Institute of Certified Public Accountants (AICPA). Candidates do not have to pass all four parts at once, but most states require that they pass all four parts within 18 months of passing their first part.

Almost all states require CPAs to take continuing education to keep their license.

Certification provides an advantage in the job market because it shows professional competence in a specialized field of accounting and auditing. Accountants and auditors seek certifications from a variety of professional societies. Some of the most common certifications are listed below:

The Institute of Management Accountants offers the Certified Management Accountant (CMA) to applicants who complete a bachelor’s degree. Applicants must have worked at least 2 years in management accounting, pass a two-part exam, agree to meet continuing education requirements, and comply with standards of professional conduct. The exam covers areas such as financial statement analysis, working-capital policy, capital structure, valuation issues, and risk management. 

The Institute of Internal Auditors (IIA) offers the Certified Internal Auditor (CIA) to graduates from accredited colleges and universities who have worked for 2 years as internal auditors and have passed a four-part exam. The IIA also offers the Certified in Control Self-Assessment (CCSA), Certified Government Auditing Professional (CGAP), Certified Financial Services Auditor (CFSA), and Certification in Risk Management Assurance (CRMA) to those who pass the exams and meet educational and experience requirements.

ISACA offers the Certified Information Systems Auditor (CISA) to candidates who pass an exam and have 5 years of experience auditing information systems. Information systems experience, financial or operational auditing experience, or related college credit hours can be substituted for up to 3 years of experience in information systems auditing, control, or security.

For accountants with a CPA, the AICPA offers the option to receive any or all of the Accredited in Business Valuation (ABV), Certified Information Technology Professional (CITP), or Personal Financial Specialist (PFS) certifications. The ABV requires a written exam, completion of at least six business valuation projects, and 75 hours of continuing education. The CITP requires 1,000 hours of business technology experience and 75 hours of continuing education. Candidates for the PFS also must complete a certain amount of work experience and continuing education, and pass a written exam.


Some top executives and financial managers have a background in accounting, internal auditing, or finance.

Beginning public accountants often advance to positions with more responsibility in 1 or 2 years and to senior positions within another few years. Those who excel may become supervisors, managers, or partners; open their own public accounting firm; or transfer to executive positions in management accounting or internal auditing in private firms.

Management accountants often start as cost accountants, junior internal auditors, or trainees for other accounting positions. As they rise through the organization, they may advance to accounting manager, chief cost accountant, budget director, or manager of internal auditing. Some become controllers, treasurers, financial vice presidents, chief financial officers, or corporation presidents.

Public accountants, management accountants, and internal auditors can move from one aspect of accounting and auditing to another. Public accountants often move into management accounting or internal auditing. Management accountants may become internal auditors, and internal auditors may become management accountants. However, it is less common for management accountants or internal auditors to move into public accounting.

Important Qualities

Analytical skills. Accountants and auditors must be able to identify issues in documentation and suggest solutions. For example, public accountants use analytical skills in their work to minimize tax liability, and internal auditors use these skills to detect fraudulent use of funds.  

Communication skills. Accountants and auditors must be able to listen carefully to facts and concerns from clients, managers, and others. They must also be able to discuss the results of their work in both meetings and written reports.

Detail oriented. Accountants and auditors must pay attention to detail when compiling and examining documentation.

Math skills. Accountants and auditors must be able to analyze, compare, and interpret facts and figures, although complex math skills are not necessary.

Organizational skills. Strong organizational skills are important for accountants and auditors who often work with a range of financial documents for a variety of clients.

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Accounting Internship jobs

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Accounting Internship Career Paths

Accounting Internship
Finance Analyst Accounting Manager
Accounting Director
11 Yearsyrs
Accountant Senior Accountant
Accounting Manager
7 Yearsyrs
Bookkeeper Business Manager Controller
Accounting Officer
7 Yearsyrs
Accounting Clerk Controller Chief Finance Officer
Chief Finance And Operating Officer
14 Yearsyrs
Senior Accountant Accounting Supervisor Accounting Manager
Corporate Accounting Manager
8 Yearsyrs
Staff Accountant Accounting Manager Controller
Corporate Controller
12 Yearsyrs
Senior Accountant Assistant Controller Controller
Director Of Accounting & Finance
11 Yearsyrs
Accounting Assistant Accounting Clerk Accounting Manager
Division Controller
9 Yearsyrs
Accounting Associate Accounts Receivable Specialist Assistant Controller
Divisional Controller
9 Yearsyrs
Finance Analyst Controller
Finance Controller
9 Yearsyrs
Staff Accountant Finance Analyst Senior Finance Analyst
Finance Manager
7 Yearsyrs
Accounting Assistant Finance Analyst Senior Finance Analyst
Finance Planning Manager
8 Yearsyrs
Accountant Finance Manager Sales Manager
General Manager
7 Yearsyrs
Tax Preparer Bookkeeper Controller
Interim Controller
15 Yearsyrs
Tax Analyst Tax Preparer Accounting Manager
Manager/Finance Accounting
8 Yearsyrs
Accounting Clerk Accountant Accounting Manager
Plant Controller
10 Yearsyrs
Accounts Payable Clerk Senior Accountant Controller
Regional Controller
10 Yearsyrs
Bookkeeper Accounts Payable Clerk Senior Accountant
Reporting Manager
8 Yearsyrs
Accounts Payable Clerk Accountant
Senior Accountant
6 Yearsyrs
Tax Preparer Accounting Clerk Accounting Manager
Senior Accounting Manager
10 Yearsyrs
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Accounting Internship Demographics


  • Male

  • Female

  • Unknown



  • White

  • Asian

  • Hispanic or Latino

  • Unknown

  • Black or African American

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Languages Spoken

  • Mandarin

  • Chinese

  • Spanish

  • French

  • Cantonese

  • Hindi

  • Japanese

  • Russian

  • Korean

  • Arabic

  • Italian

  • German

  • Vietnamese

  • Urdu

  • Gujarati

  • Portuguese

  • Polish

  • Hebrew

  • Tagalog

  • Greek

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Accounting Internship

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Accounting Internship Education

Accounting Internship

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Real Accounting Internship Salaries

Job Title Company Location Start Date Salary
Accounting Intern Hubert, Wicker & Gent LLP Addison, TX Oct 01, 2012 $49,796 -
Accounting Intern Hubert, Wicker & Gent LLP Addison, TX Oct 01, 2012 $45,914 -
Accounting Intern Sanford, Baumeister & Frazier, PLLC Fort Worth, TX Oct 01, 2010 $41,746
Accounting Intern Sanford, Baumeister & Frazier, PLLC Fort Worth, TX Dec 12, 2010 $41,746
Accounting Intern The Wheel-Source, Inc. Rockwall, TX Sep 05, 2014 $31,305
Accounting Intern Hubert, Wicker & Gent LLP Addison, TX Oct 01, 2012 $31,000 -

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Top Skills for An Accounting Internship


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Top Accounting Internship Skills

  1. Monthly Financial Statements
  2. Monthly Journal Entries
  3. Payroll
You can check out examples of real life uses of top skills on resumes here:
  • Prepared monthly financial statements and reports using Microsoft Excel.
  • Assisted with monthly Journal Entries in SAP and Balance Sheet Reconciliations.
  • Assisted the payroll specialist in updating and maintaining payroll records, efficiently communicating with ADP about payroll tax payments and deadline.
  • Reconciled bank statements and account transfers while developing understanding of QuickBooks software.
  • Prepare individual tax returns and accounting for various small local businesses

Top Accounting Internship Employers