Professional Accountant ( Cpa ) Falls Under The General Job Title Essay example

Professional Accountant ( Cpa ) Falls Under The General Job Title Essay example

Length: 1933 words (5.5 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

Chartered Professional Accountant (CPA) falls under the general job title: Accountant. Accountants’ NOC and SOC are 1111 and 13-2011.01 respectively. They perform duties such as planning, organizing and administering accounting systems for individuals and establishments. They also analyze financial information and prepare financial reports to determine or maintain a record of assets, liabilities, profit or loss, tax liability, or other financial activities within an organization to monitor its’ financial position. (O*Net Online, 2016). According to O*Net Online (2016), accountants report to the firm’s management regarding the finances of establishment. Being an Accountant, they must have the following Soft and Technical skills
Soft Skills
• Active Listening — Paying full attention to what other people are saying, and taking the time to understand their points. Also, asking questions as appropriate, and not interrupting at inappropriate times.
• Critical Thinking — To identify the strengths and weaknesses of alternative solutions with logic and reasoning, as well as efficiently finding solutions to problems.
Technical Skills
• Mathematical Reasoning – The importance of the ability to choose the correct mathematical methods or formulas to solve a problem or situation, as accounting is typically numerical based.
• Inductive Reasoning – The ability to combine pieces of information to form general rules or conclusions. This includes finding a relationship between seemingly unrelated events.
The long-term outlook shows that for accountants, the period between 2015-2024 will have approximately 75,100 new job openings whereas there will be approximately 71,300 job seekers who are expected to be available to apply (COPS, 2016). Therefo...


... middle of paper ...


...e time, work in groups. In addition, it will show how a person learns from their experience and implement those changes.
iii. Suppose you have two reports, one domestic and one international due at the same time. How would you prioritize yourself to work under a tight deadline? And how would you handle it? 23
This would show their knowledge in differentiating between the needs of domestic and international reports. In addition to that, it will help measure their time management skills. Moreover, this would also describe how the applicant would prioritize their work time.
iv. Describe the project situation that best describes your analytical ability? What was your role? 24
This would show their understanding in a situation where they would use their analytical skills. An accountant also needs to come with the best solution by which the organization is satisfied.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Accounting Certification Is The Certified Public Accountant ( Cpa ) Essays

- A very challenging, yet rewarding, accounting certification is the Certified Public Accountant (CPA). Since it can be a long and challenging process, becoming a CPA is not for everyone. People who want to work in public accounting should pursue this certification because it is a necessary requirement in order to work in that setting. If someone wants to work in tax, a CPA certification is necessary for that as well. Moreover, those who want to hold higher positions in a company, such as a controller or Chief Financial Officer, will more than likely need to be a CPA first....   [tags: Certified Public Accountant, Accountant]

Better Essays
976 words (2.8 pages)

I Want For The Certified Public Accountant ( Cpa ) Exam Essay

- • After my four years of college, I am going to stay an extra twenty hours so that I can sit for the Certified Public Accountant (CPA) Exam. During these hours, I will be taking the necessary classes to major in both accounting and finance. By majoring in both of these fields, more job opportunities will become available. Some businesses are looking for a person that can do the job of an accountant and a finance officer. By double majoring, I am potentially increasing my salary in the future. • After I graduate in the fall of 2017, I will begin looking for a job....   [tags: Accountant, Certified Public Accountant]

Better Essays
1735 words (5 pages)

How Technology Will Change The CPA Job Essay

- Charles Duell, the director of the U.S Patent Office at the beginning of the 20th century prophesied, "Every thing that can be invented has been invented." Looking back, one may remark about the ignorance of this statement, and laugh in the irony of how much has actually changed. However, while the laughter is going on a question in raised; "is it possible that today’s businesses are believing what Duells said, ‘that there is nothing more to come?’" Today, companies have access to some of the most groundbreaking technology, but are they taking advantage of it....   [tags: Accountant CPA Careers Jobs]

Better Essays
1650 words (4.7 pages)

Application Of An Accountant 's Letter Essay

- First things first, we will address your comments regarding the requirement that accountants hold an ACL before they could provide an accountant’s letter or capacity to repay certificate to Bluestone, then with that out of the way, we will comment on what’s the best foot forward for Bluestone regarding using an accountant’s letter to verify an applicant 's financial situation. CPA Australia’s position The NCCP Act requires those involved in consumers obtaining credit contracts or consumer leases to have a credit licence (or have an authorisation from a credit licensee) and to comply with responsible lending requirements....   [tags: Certified Public Accountant, Accountant, Credit]

Better Essays
878 words (2.5 pages)

Personal And Educational Requirements For The Cpa Exam Essay

- There are several requirements that a person must complete to be able to sit for the CPA exam in Missouri. After much research on the NASBA and MSCPA websites, I found that it will take much dedication and will power to become a CPA in Missouri. We will discuss the personal and educational requirements along with the work experience requirement once you have passed the exam. First we will discuss some of the things that you must do before you can sit for the exam. One of the things you must do is complete 150 hours of college education....   [tags: Certified Public Accountant]

Better Essays
726 words (2.1 pages)

Graduation Speech : Becoming A Accountant Assistant

- As a junior at Elizabeth City State University, I think a lot about what want to do after college. Questioning my plans after graduation and the type of career I hope to get. My goal is to graduate with a Bachelor’s Degree in Accounting, plus, to get an accounting job in six months. In that same year I plan on taking my boards to become a Certified Public Accountant. Some of the jobs I hope to consider is to become an Accountant Assistant, Staff Accountant, Accountant II, and a Chief accountant....   [tags: Accountant, Certified Public Accountant]

Better Essays
1136 words (3.2 pages)

Graduation Speech : The Cpa Exam

- Many college students obtaining their bachelor’s degree have a total of 120 credit hours, however, if a student is trying to obtain their Certified Public Accountant (CPA) license than they must have 150 credit hours. In order to have 150 credit hours, a student must take approximately of 10-3 credit hour courses after graduation. After completing the additional 30 credit hours, one must then sit for the CPA Exam. The CPA Exam is a total of 14 hours and includes 4 sections, including: auditing and attestation, business environment and concepts, financial accounting and reporting, and regulation....   [tags: Certified Public Accountant, Accountant, Finance]

Better Essays
777 words (2.2 pages)

Difference Between An Accounting Professional And A Professional Accountant

- Introduction What is the difference between an accounting professional and a professional accountant. It seems that it is just a grammatical difference however the distinction is quite substantial. A professional accountant is an accountant with a designation recognized by the province in which he or she practices. Until recently, these designations were Certified General Accountants, Certified Management Accountants and Chartered Accountants. The three designations have merged across Canada to form a unified designation called Chartered Professional Accountants (CPA)....   [tags: Accountant, Certified Public Accountant]

Better Essays
1098 words (3.1 pages)

Benefits of Becoming a Certified Public Accountant (CPA) Essay

- When deciding what you want to be when you “grow-up” one should consider becoming a Certified Public Accountant (CPA). A CPA is an Accountant trained in industry, the public service, or in the offices of practicing accountants and is also a member of the American Institute of Certified Public Accountants (Certified Public Accountant, 2007). Public accountants can offer services in the fields of accounting, auditing, taxes and consulting (Institute for Career, 2006). Accounting professionals should become a CPA because it helps with career security, career development and an increase in pay....   [tags: career, security, development, pay]

Better Essays
637 words (1.8 pages)

A Business Is A Great Accountant Essay

- “Behind every good business is a great accountant.” Considered by many to be language of business, accounting in all reality is a vague term. They are many types of accounting each with its own certifications and requirements. They are three main types of accountants first is the public accountant or CPA. This is a person who works for a public accounting firm, whose job is to go and evaluate the status of a company through auditing financial statements. Next, is a cooperate accountant. In cooperate accounting an accountant works inside a major cooperation, for example Ford or Chevy, and evaluates the status of the company through creation and analysis of the financial statements....   [tags: Accountant, Certified Public Accountant]

Better Essays
1932 words (5.5 pages)