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Careers and future goals of accounting
Careers and future goals of accounting
Careers and future goals of accounting
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Accountant Career Research Paper
It takes a special person to become an accountant. An accountant would be a great job for me. To become an accountant, I must understand the career, know if it fits or does not fit me, and I need to have a plan of action.
There are many different things an accountant does. An accountant keeps records of accounts, and maintain financial activities. Constructing tax returns and preparing business and government forms are also incorporated. Being an accountant also means counseling clients on finances and operating spreadsheet software. To be an accountant, I must know how to handle using different methods and investigate finances, validate transactions, and obtain financial information. An accountant uses computers to do work. Envisioning revenues is included in being an accountant. I need to know and use accounting terms, and be able to use accounting and bookkeeping software.
An accountant utilizes many different resources. They use desktop calculators, such as 10-key calculators and laser fax machines. There are an assortment of computers used in accounting, including notebook computers, personal computers, tablet computers and desktop computers. Personal digital assistants are used as well as organizers. They also use scanners and time clocks.
With a career in accounting comes numerous work conditions and tasks. Accountants study financial data, use cost benefit analysis techniques, and obey tax laws and regulations. Working at home or in offices can be expected, as well as fast-paced, sometimes stressful, work. Most accountants work alone, occasionally working in teams. Accountants figure taxes to turn in on time and confirm correctness. Gauging financial data, determining ...
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...so there is currently a very high demand for accountants. The accounting field has a high growth when compared with other careers. The job outlook for accountants mimics the health of the economy, which means that if the economy is good, there are more job opportunities and need for workers. There is a 13% expected growth in the accounting field from 2012-2022. Talented accountants advance fast and accountants who are not very good at the job do not get promotions. There is always new information to learn, and an accountant’s job is secure once they have the job.
These are just a few of many more reasons why it takes a special person to become an accountant. When I pursue a career in accounting, I believe I will have found my calling in life. In becoming an accountant, I need to understand the job, find out if it fits me or not, and follow my plan of action.
Truck driving is a much needed career to help transport goods across the United States and other local areas. Commercial Truck Driving is the career I choose to uphold. Trucking is a way of transportation needed to keep business going. Trucking has been a part of my family for years so I fell in love with trucks now I won’t to drive my own. This career has a good background, career requirements, job positions, and a good reflection.
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...
As an accountant, I have demonstrated exceptional oral and written communication skills, refined my critical thinking and problem solving abilities and learned valuable time management skills. In addition to my extensive office experience, I have hands-on experience in dealing with difficult situations,
The nature of the work for an accountant is to maintain records of the assets and debts of a business or an individual and keep records of all financial transactions. They use this information to project the financial future of the business (“Wiscareers”). Prepare and analyze financial reports. Some of the reports include the balance sheet, income statement, and tax returns. Public accountants work for businesses or offer their services to the public on a fee basis.
..., I believe I can be a good accountant as long as I improve on my weaknesses and master my strengths.
...on would enjoy her job as an accountant, she replied, people who are self-motivated and enjoy problem-solving. Analytical skills are a must. She also noted that accountants really do have a lot of people interaction. Working in teams and with clients, accountants need to have a strong ability to work well with others in order to successfully complete their job requirements (Emerita 2014).
Managerial accountants need to use accounting information in seeing to it that they are able to plan, evaluate the company performance, manage risks and control the business operations in a manner that is deemed beneficial to the business as a whole (Caplan, n. d). This can be achieved through: having high standards of ethics in all situations; employing the techniques of management reports, budgetary control, and analysis of fund flows and financial statements; making prudent capital investment decisions; and maintaining continuous quality control systems.
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
An accountant’s job duties are to compile, examine, confirm, and prepare financial statements that include the profit and loss analysis of a given organization/corporation (Ferguson). A typical day would entail working indoors, assessing information and evaluating “best-practices” to recommend (“Accountants”). Some of the main skills that are required form an accountant would be to have analytical, problem-solving, communication, math, and organizational skills (“Accountants”). These skills go hand in hand with everything pertaining to an accountant’s job, for there is slight to nonexistent room for error (Ferguson). For an individual to obtain their CPA, Certified Public Accountant, a person would have to have a minimum of “two year of public accounting experience” with an additional 150 hours of education to apply for the certificate (Ferguson). There is no main/prevalent organization that would offer an accountant a job; it is very diverse because every business utilizes an accountant. The average income of the average certified public accountant is between $52,000 and $89,550 per year (“Certified”). The demand for accountants has gradually increased over time and is expected to continue “[growing] 16% from 2010 to 2020”, which is about the same as any other occupation’s average growth (“Accountants”). Due to business growth, increased scrutiny of financial performances, and continued globalization of business through mergers and acquisitions, the prospects of accounting services are bound to grow (Ferguson; “Accountants”). Skilled accountants are more likely to advance in their jobs faster within a 1 or 2 year gap, and there are also those who excel and could potentially be promoted to an executive position (“Accountants”). Wh...
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
After finish the whole set of tutorials, our perspective of accounting become more professional. The study of accounting is not just for the knowledge and skill, but also for the critical thinking as a professional. Accounting professional is not just about the job that we what to take for our future career, but also the behavior that we need to have for our daily life.
Accountants professions are not for the kind hearted, these skills pose a certain type of person. In the beginning, many figured that an accountant 's job was just keying in numbers and adding those numbers in a calculator, however, accountant duties are more than that. Accountants duties consist of preparing assets, liabilities, and capital account entries by compiling and analyzing account information. Moreover, an accountant skills are put to the test every day they enter the workplace. One little mistake from an accountant can tarnish a company and the accountant reputation.
Accounting aids the government and organisations in decision making for their financial stability. This numerical data helps solve real life problems and contributes to how the economy and businesses perform.
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.
Accounting, bookkeeping, and auditing clerks are financial record-keepers. Their work is to update and maintain accounting records containing of receipts, accounts receivable, expenditures, and profit and loss. These clerks must possess a wide range of skills. The work of a bookkeeper is to maintain books in the company.