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effects of technology in accounting
effects of technology in accounting
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After completing my Bachelor’s degree in Business Management and Economics, with concentration in Accounting from the Empire State College, I would like to begin my career in an accounting field and go for a CPA. I always have been very interested in Mathematics. Therefore, I have strong desire to pursue my career in this field. In the next five years, I hope to see myself as a successful accounting professional.
Most accounting jobs require Bachelor’s degree and I am few credits away from completing my degree. The most important skills required for an accountant position are analytical, communication, mathematical, and organizational skills. (bls.gov). As stated on O*NET OnLine, accountants are also required to have an active listening, reading
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Also, these courses will guide me to prepare myself in the accounting career. I have taken accounting, finance, business, economics, statistics, and management courses. All the knowledge that I acquire from these courses will help me to understand the work environment of the accounting career. As stated on My Next Move site, accountant’s job is related to examine financial data and prepare financial reports to keep a record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization. They must require a knowledge of related computer programs and softwares. (My Next Move). I have five years’ work experience as a documentation specialist where I worked with computer and other office electronics. Therefore, I have a good command on working with Microsoft Office and other computer based programs. Also, I have performed several tasks on my previous job which enhanced my analyzing, organizing, and record keeping skills. I used to examine and prepare the packaging paper work. However, it was related to dietary supplements not financial, but most skills involved were related. I was excellent in keeping and organizing the record of all paperwork. The office work environment was fast paced, and I liked to work in a busy environment. Also, I liked taking new tasks and enjoyed working on a computer. I think this office work experience will help me to a quick start, learn, and perform job duties as an entry level
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,
During part three of the CRP, it was required of us to create a MyPlan account and to take several assessments to get an idea of our personality, skills and interests. As a result, MyPlan would provide suggested career paths to choose from starting with the most relevant. When I looked at my career paths that MyPlan suggested, it was no surprise to me to find that accounting was at the top of the list with the second option being an actuary. Some of the personality traits required to be an effective accountant include having a logical and analytical mind, being attentive to detail, and high moral and work ethics. These are traits that I possess and have been able to strengthen over time.
The ethical dilemma in this case is one that Daniel Potter is faced with. Daniel is a staff
My career goal is to work in an accounting firm as a senior manager in assurance and advisory. I will be transferring to California State University, Northridge (CSUN) in fall 2018 to pursue Bachelor of Science in Professional Accountancy and double major in Information Systems. I will be taking the Certified Public Accountant (CPA) exam to strengthen my portfolio as an accountant. My other goal is to participate in the California Society of CPA, a non-profit accounting organization that supports CPA profession with advocacy and community. I plan to become part of the CSUN community by participating in student life on campus, and joining clubs and organizations.
My personality and personal experiences have helped me to decide upon accounting as my chosen major. Before I immigrated to the United States in 2010, I had a small business in China for more than nine years. This experience and my desire to be an entrepreneur taught me the importance of accounting. In order to manage my business well, I attended a course in basic accounting at a local training institute. While in training, I learned that I loved working with numbers and applying financial analysis to economic issues. I have a passion for finance, economic issues, accounting principles, and the world of business and this has guided me to pursue an accounting major.
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...
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
Accounting dates back as far as first centuries, is the language of business. As everything has gone through many changes, accounting has also changed many times through out the centuries. It went from the use of abacus to the most advanced softwares, and computers. With these drastic improvements nowadays accounting, financial accounting and management are facing big challenges. From the presentation of the reports to communication to the users, investors, and owners, the accounting field has gained totally a new shape from two decades ago. Today with the dynamic change in every aspect of life, the accounting field has to act fast and be able to adapt these new changes and challenges in order to survive.
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.
I feel that this major is of a great interest to me because its diversity. Both career paths have advantages and disadvantages. Public accountants have greater variety of exposure in working with different clients and industries; also, advancement opportunities may become sooner. On the other hand, private accountants can reach management levels without a CPA license and advancement opportunities may not come as quickly. This overview presented me a better idea of where a degree in accounting could take me. Knowing that I have a variety of opportunities and room for growth give me the confidence I need to Pursuing the degree would definitely open up the doors for me. Similarly, knowing that I have a detail oriented personality is a perfect fit for the world of accounting; I feel confident that my analytical, math and communication skills will help me to become a trustworthy and reliable accountant who help people to become more efficient with their
Growing up is scary. Especially when the future is unpredictable, finding the right job can reduce this. It is tough as a kid to think about how to spend the time in the future and what to be doing as a career. There are a lot of decisions to be made. For example, in order to pick the accurate college it is worthy to know what interests me as an individual. There are questions that can be answered that will be able to suggest a better idea of what jobs apply. Well, in the future I would like to have a career as a Certified Public Accountant (CPA).
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
A largely accepted language is required for a business or organization to effectively communicate its results and position to stakeholders, which is why accounting has come to be known as the "language of business". Accounting is really the means for providing financial information to others. Financial analyst then take the data the accountants have compiled in the form of reports, and make educated guesses at what their company should do next. David ballast (1996) stated, "The fact remains that accounting and finance are the primary tools for reducing business problems and opportunities to a common denominator, setting goals, measuring results, and making decisions." (p. 1)
Accountants are becoming a needed job in the business industry and play a very important role in the success of many businesses. This job usually requires at least a bachelor’s degree in accounting and sometimes even a CPA (Certified Public Accountant). There are many other things that are needed to be considered before choosing this career. The job environment, education, skills, and benefits are just some of the many things that need to be thought through before considering this career.
Accounting is a very important term to our modern society. It is the career for men and women who at the start have their eyes set on top positions in industry, management, government, and general business. Accounting is a basic need of every businessman, from the operator of a filling station to the government of the United States. It's so important to our society. None of the business organization can operate without is. They are there-somewhere-in every business. In small business, people use pen, ink and skill keep the records. In large business, modern accounting machines are used to operate. Men and women are directing these machines in the accounting process. Wise businessmen enter business must have some accounting knowledge.