Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Impact of technical education in career choices
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Impact of technical education in career choices
Accounting technicians are now creating their names in the accounting firm. They are accounting professionals that could work in all types of organizations and widely employed throughout the public sector, industry and commerce and in private accountancy practices. According to the website of Foras Aiseanna Saothair Training & Employment Authority (n.d) they assist professional accountants in collecting, checking and analyzing financial reports. They could work independently or as a part of a team. They also said that accounting technician must work with accuracy and methodically with figures. And they must capable of compiling and analyzing transactions such as administering payrolls, bookkeeping, and other financial transactions.
This research paper aims to discuss the preferences of banks in hiring accounting technicians based on characteristics and qualification in the said position. It also focuses about what does accounting technicians mean and how to be one of them. At the same time, the researchers will tackle the job description of an accounting technician.
I.
Accounting Technicians are like professional accountants because according to the website of Accounting Technicians Ireland that they are also qualified to work at all degrees of finance. Accounting technicians are extensively employed throughout the public sector, industry, commerce and in private accountancy practices.
According to Shaw (2006), “Certified accounting technicians are responsible for a variety of administrative task to try to improve the efficiency and profitability of a company. They are usually in the accounting or finance department of charities, banks, building societies or insurance companies.” An effective accounting technician...
... middle of paper ...
...s Retrieved from: http://www.saipa.co.za/page/491/accounting-technicians
• Anonymous (2014) Accounting Technician: job description Retrieved from: http://targetjobs.co.uk/careers-advice/job-descriptions/276923-accounting-technician-job-description#employers
• Anonymous (2014) Certified Accounting Technician Graduates Retrieved from: http://www.accaglobal.com/gb/en/student/foundation-lvl-qual-student-journey/qualification-resources/foundation-lvl-qual/cat-qualification/cat-graduates.html
• Wikipedia. (2014, February 13) Association of Accounting Technicians Retrieved from: http://en.wikipedia.org/wiki/Association_of_Accounting_Technicians
• Robertson, Tanya (n.d) Disadvantages of being an Accountant Retrieved from: http://www.ehow.com/info_12152469_disadvantages-being-accountant.html
• Plunket College (n.d) Retrieved from: http://www.plunketcollege.ie/news.php
The stereotypical image correlated to the account mirrors that of a public accountant. An individual working as a public accountant can expect to work as an independent third party to a multitude of companies. As this third party it is their duty to oversee financial transactions to ensure that the statements of not only the company, but also its’ supporting companies, correctly correspond and match up to the position, results and cash-flow of the clientele. This general quota outlining a public accountants job description is not the same for a private accountant. The main difference between a public and private accountant is that unlike the public and its handle on a multitude of accounts, a private accountant specializes with a certain company or field. With this specialization, a private accountant tackles setting up a system that records the transactions within the business. The recordation of the transactions is then generated into statem...
Accountants are people that make lives easier for others and mostly deal with financial statements and records. Accountants ensure that financial
Accounting is basically a service activity. Its purpose is to provide quantitative information that principally used by the managers, investors, tax authorities, and other decision makers to make the financial decisions within companies, organizations, and public agencies. Accounting is also widely known as the “language of business.” An accountant measures, communicates, and interprets financial activities. They prepare financial statements or reports for individuals, businesses, government agencies, or other non-profit organizations. They use the accounting systems to categorize the expenses and income to the typical groups. They also keep tract of the money received or paid out to see if the transactions are accurate and complete. Accountants are familiar with the computer operation. They use the computer...
Thus we would require someone with a good knowledge of accounting, who also has good communication skills as he/she will be in direct contact of customers.
I am interested in conducting research and teaching in managerial accounting, auditing and assurance services and accounting information systems. In particular, I am interested in exploring the role of accounting information systems in decision making, internal control, and auditing. In order to gain an appreciation of these and related issues, it is essential for me to have a strong grounding accounting, accounting information systems, information technology, managerial accounting, as well as gain a general economic and management perspective.
The purpose of this document is to describe the nature, purpose and scope of accounting and it deliberately explains the details of each category in accounting. Accounting involves in preparing financial documents of an entity by analyzing, verifying, and reporting this records. It emphasizes its major characteristic role in field of banking and finance, with a mixture of supportive sub topics.
When I think of a financial manager, accountant quickly comes to mind. The role of accountant and financial manager are similar in several ways and often times they work closely together on various projects. The role of an Accountant is to ensure that their organization is run efficiently, make sure their records are accurate, and that their taxes are paid properly and on time. Accountants perform a broad range of accounting, auditing, tax, and consulting activities for their clients. They record and analyze the financial information of the companies for which they work. Other responsibilities include budgeting, performance evaluation, cost management, and asset management. “The role of the financial manager has expanded beyond traditional responsibilities related to company's finances. A financial manager, through his/her understanding of the company's financial health, the current market, and the goals of the company, helps set direction and guides decision making.” Financial managers perform several different task related to finance for their organization they normally oversee the preparation of financial reports, direct investment activities, and implement cash management strategies.
Increased competitions and high expectations of the companies have put high pressure on the accountants. Making the most accurate decisions and helping the companies maximize their financial performances have become almost basics of the accountants’ duties. Many business owners question why they need to seek the services of an accountant when they can do many things themselves with the help of the technological tools. Today, an accountant must provide more than what technology can do for the company. They have to set business plans, goals and provide guide to achieve them with less cost and most profit. They have to advise business on their investments and project the most profitable decisions for the company. Beside the investments, accountants expected to consult the firms on their consolidations with other firms. Making decisions and researches on reducing costs, and sharing resource while providing variety of offerings puts lots of stress on the
The authors aim to study the body of the knowledge that CPAs should possess. They emphasised the following knowledge; humanities, micro-economics, macro-economics, behavioral science, mathematics, statistics, probability, law, and functional fields of business (quantitative methods, finance, production, marketing, personnel relations, and business management). It should acknowledge that the study also focuses on some areas that are seen today as part of generic skills includes (formal organizations, computers, evidence and opinion). This can be attributed to the important of technical knowledge as fundamental part of accounting skills sets that is complemented by generic skills set. Despite the fact that work of Roy and MacNeill positively agreed from those who are responsible for accounting education in a practical environment of accounting the finding of the report is not
Most accountants and auditors work full time. Longer hours are typical at certain times of the year, such as at the end of the budget year or during tax season.
Change is inevitable. Yogi Berra once said “The future ain’t what it used to be.” It is clear that the future of the accounting profession ain’t what it used to be (Gormon and Hargadon 1). The changes occurring are happening fast, they are dynamic and they are completely and undeniably real. Since the world around the accountant is changing, the accountant has no option but to change as well. The field of accounting has always been one to know change and to know adjustment, but within the recent past and certainly within the next few decades, the changes that are occurring and will occur absolutely are the most dramatic and exponential yet. Obvious changes lie in the expanding scope of services performed by accountants, the increased use of
Accountants are in high demand. As long as people need help with taxes, and as long as businesses exist accountants will be needed. According to the Bureau of Labor Statistics, accountants ad auditors or projected to grow by 13% through 2020. Also, as an accountant your are not tied down. While the highest salaries are generally located in largest metropolitan areas, companies everywhere need accountants. If you’re looking to relocate or start a new career in a fancy new city, accountants aren’t necessarily tied down to a specific location. Accountants are needed all over the country. Another final benefit could be that you very much have the opportunity to be paid well. The median annual salary for an accountant in 2012 was $63,550, according to the Bureau of Labor Statistics. In fact, “U.S. News & World Report” says the top 10 percent of accountants earn more than $100,000 per year. Disadvantages are also a must see problem while looking into this career. They include the work-life balance, which summarizes long work days during the months of March and April because of tax return season. Some hours include 80 hours per week. The final disadvantage that really grabs my attention is the challenge of getting certified to be an
An accountant makes sure that the Nation’s firms are run efficiently, the public records are kept accurately, and that taxes are paid properly and on time (“Accountants and Auditors”). Accounting is the study of how a business tracks their income, assets, expenses, and many other things for a period of time. They also do many other things like quality management, tax strategy, and health care benefits management (“Welcome to Careers in Accounting”). An accountant is crucial to the success of a business, without one the business tends to fail.
Accounting is one of the fastest growing fields in the United States It expands each time a new store, a factory, a filling station, or a school goes up, whether in a large city or a small town. In today's society, the demand for good accountants for exceeds the supply. As our country has expanded, business and industry have become more and more complex, so control here is very important. And control depends on a great deal of the bookkeepers and accountants who can analyze figues and advise management on what should be done. They are using more scientific ways changing money, figuring change, and collecting sales taxes. Moreover, department stores and other companies now have plants and offices widely scattered throughout the country. A new set of bookkeepers and accountants, is needed at each branch. I know there are many managements supervisory, and junior or senior executive positions are bing filled by people who started as accountants because accountants have the knowledge of methods and finance and comprehension of the fundamentals of business, and acc...
The following essay aims to analyse in depth a computerised accounting system and its aspects such as its history, what technologies is based on, and how it has developed since its beginning. Other aspects such as the current state of the system and the interactions with other systems and the future of the system will also be covered in this paper.