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

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

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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...

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...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.

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