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ressays on the importance of accounting
a career of my choice in accounting
a career of my choice in accounting
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Since my major is accounting, my career in the future is definitely to be an accountant. In the all kinds of options for job, I prefer to be an accountant in a public or private firm. Working as an accountant, except for the responsibility and work spirits, sufficient and professional accounting knowledge and skills are also necessary. Analyzing the data, preparing reports, and providing information for decision making are some basic techniques for accountants. Data is needful in accountants’ lives. Dealing with data is the first daily work for those accountants who work in the public or private firm. Data, such as assets, liabilities, stockholder’s equities, revenues, and expenses and so on, are the most basic elements of accounting. They are also the foundation of advanced research. Data is a good assistance for accountants. Accountants can obtain further information by analyzing the raw data. Without data, accountants can do nothing. Preparing reports also plays an important role of accountants’ daily lives. Accountants need to compile and analyze data in order to write reports ac...
Anyone considering accounting needs to assess whether this career fits his or her interests, abilities, and aspirations. There are certain qualities and qualifications, however, that a person should consider before making a commitment to a particular career field. Selecting a career can take a lot of time, and many people do not choose until they are adults. Contributing to the difficulty in choosing a career is the vast number of vocations from which to choose. The field of accounting alone covers dozens of types of accountants and dozens of jobs. In trying to decide whether accounting is an appropriate career choice, a person should talk with bookkeepers and accountants that have years of experience. Ask questions about their daily work requirements, their likes and dislikes about accounting, and how they became interested in the profession. Questions such as these can give a person insight into the profession and help in considering accounting as a career.
As accounting professionals, accuracy in financial calculations and the integrity of the raw data are vital to producing useful information. Our clients prevail upon us to be more accurate and more thorough in less time. The tremendous advances in information technology are apparent across most industries. Accountants can gain much from this revolution through advances in spreadsheeting.
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.
Throughout my life, I have heard that having a degree is having an expensive piece of paper. Actually listening to these words, to me, its saying they have the literary knowledge of a specific field; and that is much more than an expensive piece of paper. My motivation comes from every situation I have been through, struggling to realize that I do want a degree. As of now, my job title is an accounting clerk, I did happen to stumble into this career, I would be lying if I said otherwise. Being in this position for almost three years has helped me grow professionally and personally. I did not have any background in the accounting department, so every day I learn something new, because every day I am intrigued on how the accounting system works.
While many people think that an economics major leads only to economist jobs, there are more opportunities available. Often, academic and research institutions will only hire an economist who has a doctoral degree. This means that the average economics major will most likely be hired in an alternative field. Considering the mathematical, logical and analytical nature of the degree, economics majors are highly desired by employers in a range of different professions.
More organizations are beginning to shift from their traditional practices to more technologically advanced practices. Through the use of big data, accountants can add more value to a corporation when making decisions by supporting their ideas with analysis. CFOs can now use big data and analytics to gain better insights and information to introduce changes in their organizations. Big data refers to the vast amount of information that is being stored and collected by businesses through the use of technology. It gives managers the chance to measure and know more about their businesses, which has definitely improved decision-making and performance in businesses. It also offers greater opportunities for competitive advantage; thus, big data can be considered a management revolution. With the help of big data, accountants can hope to play a more proactive role in their organizations.
Accounting Information Systems: The Challenge of Extending Their Scope to Business and Information Strategy” is a scholarly journal from the American Accounting Association Accounting Horizons. Written by David H. Brecht and Merle P. Martin, they describe how information technology is becoming more advanced as the years pass and that accounting information systems are becoming insufficient as a result. Due to the inadequacy that accounting information systems are becoming, accountants are being advised to focus on designing new accounting information systems to help businesses receive the information and support needed. The article explains how accountants currently focus on strategic, management, and task/operations systems styles of business as well as the types of design characteristics that influence the developing of information systems. The tools that accountants are using can help with further advancements for accounting information systems. With this knowledge, the article describes how an accountant can have the ability to design, identify, and implement the needed upgrades to accounting information systems.
Each person has a different idea of what it means to be successful. After talking to my family and some friends, I know that I have several strengths and weaknesses. I know that I will face some opportunities and threats. Also, I know that I will have competitors. In this competitive business world, understanding what is truly valuable to me is a major step towards achieving my goal. My strengths are my languages, technology skills, education, work ethic and the ability to follow directions. My weaknesses are communication skill, lack of U.S culture and working experience. Increasing job demand, globalization and accountant role expanding are three major opportunities in accounting field. Information technology, uncertainty of recession and starting salary are 3 major threats to my financial success. I will face all the accounting major competitors from the Midwest.
Technology has taken a wide turn to all careers in the world. The most obvious impact of technology in accounting is the presence of computers. printers, scanners and faxes(“How is Information Technology Used in Accounting”). Computers nowadays are sophisticated, fast and easy to use; to most people. Accountants appreciate more the softwares and the electronic spreadsheet. Electronic spreadsheet programs are highly effective at helping accountants with calculations and reporting. Softwares help accountants in their daily tasks, such as paying bills, recording transaction and reporting. The programs help keep information organized and in a certain location. Better than binders and paper that can be easily misplaced or
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.
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.
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.
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.
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.
Nowadays with the implementation of new emerging technologies, the way businesses keep this financial information has become computerised. At the moment businesses use computers with a computerised accounting system in order to perform many other new activities than what they were able to do in the past. Businesses can access financial information from different department in the organisation, access to the information through computers and find financial data very fast, being more efficient. (Beliss, 2013)