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The importance of teamwork skills
The importance of teamwork skills
The importance of teamwork skills
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Personal Statement
My overall aim is to contribute to the accounting and finance field by making a research that has practical implications for the market and the policy makers; through researching the role of accounting in providing decision-useful information to the stakeholders as well as exploring the potential avenues for enhancing the predictive and analytical role of accounting.
I enrolled at the Faculty of Commerce and specialized in accounting as I love solving problems and cases. I was the first at my college and was appointed as a demonstrator, then started my master studies. It was a very essential stage in my life as it has given me a substantial experience in research which is affecting my entire learning process. Further, I have developed my statistical analysis skills where I used Stata software for applying the empirical part of my thesis, which was highly appreciated by the professors in the thesis committee.
So, I wanted to know more and gain an access to these techniques. That brought me the idea of enrolling at the Institute of Graduate Studies and Research (IGSR). Studying IT in the IGSR has opened for me several avenues for integrating the two disciplines. Hence, I have decided to continually advance myself in this arena for the purpose of my doctoral research as well as for being updated with the ongoing changes in the world businesses and industries. Therefore, I have enrolled in Mr. Ajit Jaokar course on Data Science for Internet of things (IOT). Evidently, SAP integrates IOT data with business processes to build effective business applications. Working with Mr. Ajit and participating in the course projects in a teamwork basis, have given me a substantial hands-on experience and widen my knowledge in the
Marshall, M.H., McManus, W.W., Viele, V.F. (2003). Accounting: What the Numbers Mean. 6th ed. New York: McGraw-Hill Companies.
According to the conceptual framework, the potential users of financial statements are investors, creditors, suppliers, employees, customers, governments and agencies, and the general public (Financial Accounting Standards Board, 2006). The primary users are investors, creditors, and those who advise them. It goes on to define the criteria that make up each potential user, as well as, the limitations of financial reporting. The FASB explicitly states that financial reporting is “but one source of information needed by those who make investment, credit, and similar resource allocation decisions. Users also need to consider pertinent information from other sources, and be aware of the characteristics and limitations of the information in them” (Financial Accounting Standards Board, 2006). With this in mind, it is still particularly difficult to determine whom the financials should be catered towards and what level of prudence is necessary for quality judgment.
...rces of Big Data . This huge amount of data possible for researchers to know the consumer behavior of customers , thereby refining the Internet of Things devices more suitable , we began serving daily lives of us more effectively . It can also be used for the production , thereby reducing human involvement . In the words of Daniel Kaufman predicted it " will do little more human " by Big Data .
The field of information systems has grown and become more promising than in previous years. This increase demands highly skilled professionals to keep up with the quickly changing world of IS. Looking for a job in the Information Systems field opens the door for many disciplines, each with its significance in the business world. Most businesses need information systems skills to accomplish their goals. There is a wide selection of career options in the field of information systems. There are the technical positions, such as dealing with information management and hardware and software management, and the people-oriented technology positions, such as dealing with the design and operation of Internet applications (“Why Major,” n.d.).
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 Internet of Things (IOT) is a system of interconnected computing devices, mechanical and digital machines, and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction. The IOT creates an opportunity to measure or monitor a large
Main view of this report is to explain how the accounting plays a major role in banking, finance and other sectors of business. To decide this, the following questions are explained as follows:
The Internet of Things (IoT) is the network of physical objects accessed through the Internet. The Network of interconnected objects harvests information from the environment (sensing) and interacts with the physical world (actuation/command/control), uses existing Internet standards to provide services for information transfer, analytics, applications and communications (Jiong et al. 2012).
My first goal is to continue my education by earning a Master’s degree in Accounting right after completing my bachelor’s degree. The MSU’s Accounting program attracts me for both its reputation and its career opportunities available for international students. It is my responsibility as a future accountant to be really familiar and proficient at the tools accountants use regularly. Achieving my master’s degree will also help me achieving my second goal of becoming a CPA by meeting the requirement of curriculum. Thus, I am professionally and academically motivated to earn a Master’s degree of Accounting at the Broad Business College.
Finally Looking back since I returned to school maintaining a 3.8 GPA, I felt that my first semester in the accounting program has been difficult and grades have been hard to attain, but I realized that my work experience has been helpful as it allows me to return to school with organizational skills and the intense desire not to give up despite the difficulties and perform well as I continue the journey to my degree. I hope that I can get practical experience in the field though part time internships and volunteer as well.
From the first tutorial, ‘Current Conceptions of Accounting’, we had already change our prediction on accounting professional. At the beginning, we through that accounting professional would be more formal and format. From what we have learnt from the first two semesters of accounting, we need to do everything under the current structure, standards, and regulations. Accounting is a tool and skill that help us to achieve our career successful. However, the first tutorial activity, which require us to bring up our view of ‘accounting, accountability, or an accountant’ from a lifestyle magazine. This activity make us found that accounting could be just next to us, not just in the career field, but also could find it anywhere in our life. This activity has open up our mind of accounting
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.
Every day, many people question my passion for pursuing accounting as a profession and the first answer I think of is that I am good with numbers. However, advancing in the field has made me realize that my passion is not only based on figures. Growing up as a kid, I was privileged to have a piggy account where I would save as little as fifty cents per week. Since my parents rewarded me in monetary value as a positive reinforcement in cases of good behaviour, I was motivated to maintain good manners so long as my savings increased. As time went by, I realized I had saved way “too much” money for a little child. The challenge came in the management of the funds because I was focused on spending more on pleasurable activities. However, the guidance of my parents enabled me to prioritize on the more important things and save more. I took interest in managing may own account as a child and even pursued accounting courses in high school. The interest grew deeper because I gained more insight on the facts about accounting and the career. Also, I believed that it is career that one would be self-employed thereby avoiding the dilemmas of lacking jobs after graduating. For instance, one would easily start their own business and manage their finances comfortably.
My interest in Information Systems Management was drawn when I was working on my final year project at Maharashtra Institute of Technology under the able guidance of the head of the Computer Engineering department. Professor R. K. Bedi’s support provided a much needed boost to my confidence in my programming skills. This new found confidence, in conjunction with the organization management skills I had acquired through active participation in extracurricular activities like “Tesla”, in inter college programming fest, made me realize I wanted to pursue a program that had comprised a blend of both the computer science and management disciplines.
The history of accounting I feel is important in the learning, understanding, and developing of my foundation for my accounting career. In this report you will learn about the development of accounting. You will learn about the people who influenced accounting the most throughout the years. You will learn how accounting came about and how it was used in the ancient times. You will learn about the invention of the double-entry bookkeeping processes. You will learn how things were done before the birth of the double-entry bookkeeping process. You will learn about Luca Pacioli and the Summa. You will also learn about modern accounting and ACAUS.