By the end of high school, I had decided that business, especially accounting, would be the best fit for me because of my educational background in Liberal Arts and my strength in quantitative analysis and mathematical problem-solving. After studying accounting at the Kelley School of Business and talking to my accounting professors, I further confirmed my choice to seek a career in Accounting, and I decided to pursue a graduate accounting degree at McCombs School of Business. My short-term goal is to become a Certified Public Accountant (CPA), and work as an audit professional in a public accounting firm in the United States after obtaining a degree in the Master in Professional Accounting (MPA) program. I will gain professional skills and ethics by studying in the internationally recognized program at McCombs and working in the mature financial market of the United States, which will benefit my long-term goal of becoming an internal auditor in China, my home country. My long-term goal is to work as an internal auditor in a sino-US joint venture or a Chinese company listed on the U.S. stock exchange in China. My background as a CPA, my previous work experience in the United States, and my strong work ethics will keep me one step ahead of other accountants who do not have the certification or work experience in the U.S. According to an article published in Beijing Evening News on November 27 last year, there are only about one thousand people in China who have obtained a CPA license from American Institute of Certified Accountants (AICPA), and the estimated demand for accountants who are familiar with Generally Accepted Accounting Principles (GAAP) and have a CPA license is 250,000. The gap between the demand and the supply of U.S... ... middle of paper ... ...ucceed in the workplace, and I have gained valuable communication skills through my peer tutoring experience. I volunteered for two consecutive semesters as a peer tutor in BUS-X201 Technology. I served as the first point of contact for students when they had trouble with their Excel spreadsheets, and I helped other peer tutors when they could not answer questions. I also developed interpersonal relationships with my instructor and other peer tutors by sharing my knowledge and some interesting topics about Excel. For example, last semester, I was very surprised at a picture of an animation character because it was drawn using Excel. I immediately showed it to my instructor and other peer tutors, and they were all amazed by the picture as well. My instructor Sarah showed me an Excel pacellman game in the next class which completely surprised me and delighted me also.
Majored in accounting during my undergraduate at Michigan State University, I am determined to be an audit professional at a public accounting firm in Toronto upon graduation from MMPA program. To better qualify myself and equip myself with advanced accounting knowledge, I am dedicated to obtaining the CPA designation as well. In the next three to five years, I see myself being promoted from an associate to a manager who will lead a team and direct a project. Working as a manager in a public accounting firm will definitely sharpen my leadership ability and problem-solving skills, which are prerequisites for my long-term career objective. Ten years down the road, I want to work in the finance department of a public company as CFO or controller,
The choices we make early in life have an enormous impact on our future. I have always known that I wanted to directly impact people’s lives. My personal experiences have had a large impact on my motivation to accomplish all my dreams. In the future, I would love to influence another generation of students to soar for their dreams.
Since the beginning of my academic endeavors, I have long cherished a dream to be a member of the social science research community, which gives our society progressive insights into human ecology. I began my undergraduate studies at Ramapo College of New Jersey with a passion for ecological justice and with the intention of majoring in environmental studies. Ramapo College’s progressive liberal arts foundation provided me with ample room to explore the multifarious array of social science courses. As I took more social science courses, however, my understanding of human social groups underwent a metamorphosis. As a result, I decided to pursue a degree in Social Science, with minors in the two fields I felt most passionately interested in, Women’s Studies and African American Studies.
Please discuss the following items in the order given. Briefly respond to all areas listed.
...eam of becoming a business professor. I am so passionate about the opportunity to build up tomorrow’s leaders and to contribute to the growth of business theory and practice. Teaching and training of the next generation business leaders is one of the most fascinating roles a business professor could hope to achieve. Furthermore, an accounting professor would engage in research that enhances business thinking and practice. The classroom setting offers the chance to introduce and test what was uncovered in research and learn from the discussions that ensue in class. The class discussions, I believe, would help the reevaluation of the assumptions and conclusions and to further sharpen the focus of the research.
The accounting profession industry is changing rapidly, to maintain or develop the accounting profession, Malaysia may need to provide higher education and training for professional. In the future, there is a different of need requirements between the generations, for example, the generation “X”, which their age currently are between 30-45, they are building assets for their future and are keen to adopt new ideas. Besides, generation “Y” which their age are currently around 20-30, are a different breed (Nixon, n.d.). It is a faster moving generation compare to the previous generation. The younger professionals jump into larger roles so quickly, they must ensure that they are constantly learning on the job. Other than that, critical thinking and relationship-building as well as verbal and written communications skills are crucial to being a successful certified public accountant (CPA). Technical knowledge is a minimum requirement, the more diverse a candidate’s knowledge and expertise, the more valuable they become to an
First, I will express my personal mastery journey with my work life. I just recently graduated from the University of Indianapolis with my undergraduate degree in accounting. I graduated with a high GPA while participating in collegiate baseball, which I believe will help set me apart from others when beginning my career. That being said, I also believe that I have a lot of learning to do in order to be successful in my early career. I feel that I did not learn as much as I should have about accounting and I will need to dedicate a significant amount of time relearning and learning to have success in the accounting field. My vision for my career is to be a partner at a mid-level accounting firm in my early to mid 30’s. I aspire to be at a company that challenges me and allows me to progress and meet my goals. I would prefer a mid-level accounting firm because it would allow a better work life balance due to less hours. In order for me to bridge this very large gap of where I am currently at and where I aspire to be, there are a great deal of obstacles I need to overcome. First, I need to land an entry level position with an accounting firm that I feel will allow me to grow and succeed. I also need to put in the time to learn as much as I can about the profession. Finally, I need to allocate a substantial amount of time to studying and passing the certified public accountant exam. This is my
My second goal is to become a Certified Public Accountant (CPA). I plan to take the CPA exam immediately after my completion of Master’s program. The CPA certificate will not only to show my competence in independent work but also promote my opportunities to enter a managerial position. To realize my long-term goal of becoming a partner of Ernst & Young, I must be a role model who is familiar with advanced-level knowledge and certification exam.
In 1887, the American Association of Public Accountants was formed with the first standardized tests coming out about a decade later (Zeff, 2003, pg. 2). In 1896, New York State passed the first law for Certified Public Accountants (CPA), which Zeff (2003) “marked the beginning of an accredited profession of accounting in the United States” (pg 2). In Canada, the first association began in 1902 with the Dominion Association of Chartered Accountants (Buckstein, part 1 pg 2). Buckstein quoted John L. Carey, the author of a paper outlining the history of the accounting profession worldwide stated “the reason for creating a full-fledged professional organization was to distinguish skilled accountants of integrity from self-styled accountants whose competence had not been demonstrated” (pg. 2) As Zeff (2003) stated with the passage of the Securities Act of 1933 and the Securities Exchange Act of 1934 all publicly traded companies were now required to have their financials audited by independent CPA’s (pg. 4). This showcased the importance of having skilled and knowledgeable individuals produce verifiable and accurate information that the public (in all its forms) could rely upon. The combination of having professional accounting bodies and government legislations have attempted to establish
The reason I decided to pursue a career in accounting is because I have always been interested in the business world and accounting is considered a basic tool of business. I have worked for small and large business firms; also in private and public sectors which helped me develop a strong linking with the industry as a whole and solidified my interest in accounting.
Moreover, the interdisciplinary curriculums designed for students with non-accounting background suit me fine. As a Chinese student majored in electronic commerce and minored in accounting, I hope to take advantage of my disciplinary perspective, dual language ability, and global vision, to understand how business and accounting interacts.
Accounting seizes my interest for a number of reasons. I possess strong analytical skills and always derive pleasure from working with numbers. Personally, these qualities helped decide that a future in accounting would be a great decision. The thought of becoming a professional offers a new level of excitement. In addition, there are many different positions and roles that an accountant can fill. Besides the financial rewards, accounting
What does the accountant of the future need to be successful? A sturdy education that while is based on traditional accounting practices, also prepares future accountants for the plethora of changes happening in the accounting universe. Frequently, most of the institutions responsible for educating professionals fail to evolve as rapidly as the professional practice itself (Bedford et al. 4). In every way, accounting is expanding and in order for the future to have competent accountants, accounting education must expand as well. Major changes occurring in the world of accounting include the expansion of services and products, changes in competition, an increase in specialization, and an increase in and an advancement of technology. It is up to academic institutions to find proactive ways in which to prepare students for such changes. Accounting education of the future will require more breadth to cover the inevitable expansion of services and products, increased knowledge of economics, marketing, management and information systems to increase competitive advantage, a balanced course load that provides a general accounting knowledge as well as increased knowledge of a specialization, and also a greater, proactive focus on the use of continuously advancing accounting technologies (Bedford et al. 8). Also in play is the chance of change in accounting standards, the move from US GAAP to IFRS. While there are no certainties surrounding the threat of such change, students in the U.S. should acquire at least a general, basic feel for the practices used in regards to IFRS. The future health of the accounting profession depends, to a great extent, on the health of our students (Gormon and Hargadon 4). Reorganization of curriculums would surely be difficult and assumedly time-consuming, but nevertheless, completely
My interest in Accounting and Finance stems from wanting to understand how governments and businesses make their vital decisions to be profitable. Studying this degree, will allow me to gain an understanding of financial accounting, management accounting and taxation providing me with skills to analyse data and develop my decision making. Additionally being able to incorporate different aspects of business alongside the core modules; will give me more knowledge of the world of accounting and finance.
The career path to become a Chartered Accountant involves lots of dedication, schooling, and ability to take on the intensive programs and examinations. There are several ways to obtain the CA status. The most common process people go through in becoming a CA start off with enrolling in university. After they obtain a university degree (one that includes the Institute's specified 51 credit-hour requirement), they acquire employment in an office designated to train CA students, for an arranged period of 30 months. Many CA firms that have been recognized by the institute, must assist the students in the development of the essential knowledge and professional understanding of five main areas: