Skills Necessary for Accounting Success Essay

Skills Necessary for Accounting Success Essay

Length: 1278 words (3.7 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

Before I started this research, I thought of an accountant as someone who punched numbers every day and had great book-keeping skills but I have now learned that the accountant has to possess certain other skills often referred to as “soft skills” in order to be competitive and successful in this ever-changing business economy. Some of these “soft skills” are, but not limited to, excellent written and oral communication skills, the ability to work well with other people, work ethic, honesty, empathy, and problem-solving. Superior technical skills, though very important for an accountant, are no longer sufficient as employers are demanding that graduates have both technical and soft skills. If this is the case, are accounting majors adequately prepared and equipped with the requisite skills necessary to succeed in the accounting field? Researchers agree that there is a gap between the skill set of graduates and the expectation of the employer and that the accounting curriculum should be restructured in order to provide the accounting field with well-prepared, well-rounded, and suitably skilled graduates.
In “Professional Knowledge and Skills Required for Accounting Majors Who Intend to Become Auditors: Perceptions of External Auditors” by Ali Uyar and Ali Haydar Gungormus, the authors reason that in order for universities and colleges offering accounting education to “survive” in this ever-changing, cutting-edge global market, they have to acknowledge the requirements of the “business world” and to meet such requirements by preparing graduates who have the knowledge as well as the skills necessary to perform their jobs well and to be successful (33). In a survey conducted by the authors regarding the importance of certain ...

... middle of paper ...

... Gail Lynn et al. “Emotional Intelligence: The Role of Accounting Education and Work Experience.” Issues in Accounting Education 26.2 (2011): 267-286. Academic Search Complete. Web. 1 Feb. 2012.
Daud, Salina et al. “Do Business Graduates’ Attributes Fulfill Industry Requirements and Expectations?” Australian Journal of Basic and Applied Sciences 5.9 (2011): 68-74. Academic Search Complete. Web. 15 Mar. 2012.
Kermis, George and Marguerite Kermis. “Professional presence and soft skills: a role for accounting education”. Journal of Instructional Pedagogies. (2011): 1-10. Web. 15 Mar. 2012.
Uyar, Ali and Ali Haydar Gungormus. “Professional Knowledge and Skills Required for Accounting Majors Who Intend to Become Auditors: Perceptions of External Auditors.” Business and Economics Research Journal 2.3 (2011): 33-49. Business Source Complete. Web. 14 Feb. 2012.

Need Writing Help?

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

Check your paper »

Managerial Accounting, Applied to Successful Project Accounting Practices

- ... 3.1 Determining the Potential Payoff One of the first steps in project accounting is to determine the potential payoff of solving a problem or developing a new opportunity. In order to achieve success, the project needs to have a clear, focused outcome. The project planners need to ask critical questions: What is the probable ROI of the project. Is the project worth it. Projects that have a high potential of success along with a high probability of potential rewards, perhaps do not require a high level of analysis....   [tags: determining potential payoff]

Better Essays
1218 words (3.5 pages)

Essay on Gender Inequality in the Accounting Profession

- RESEARCH: This formal report will utilize mainly online resources will attain information on gender inequality. These sources will include scholarly articles and reports, journals, statistics on the relevant topic, and some print sources that can be accessed from the internet. BACKGROUND: For centuries there has been gender discrimination and inequality, most often towards women. At one time or another, in many different counties, there have been laws that denied women the right to go to school, to travel, the right to hold property, to enter certain occupations, and many others....   [tags: Flexible Schedules, Professional Conduct]

Better Essays
2010 words (5.7 pages)

Accounting as a Professional School Essay

- Accounting professionals are in very high demand. The nature of work in accounting is so vast an individual would have so many different areas of accounting to choose from. Accounting requires people who can work with complex business structures, computer systems, and financial analysis packages. Accounting work further requires an aptitude for mathematics and the ability to compare and analyze accounting data quickly. Accountants also need to have strong communication skills as they must effectively communicate accounting data to their employers and/or clients....   [tags: Business Education]

Better Essays
1326 words (3.8 pages)

Essay about Home Depot Corporate Governance

- Audit Committee The Audit Committee is comprised of the following five members from the Board; F. Duane Ackerman, Ari Bousbib, J. Frank Brown, Karen L. Katen, and Mark Vadon. This group is tasked with assisting the Board with the oversight of The Home Depot’s financial statements, ensuring that they are in compliance with legal and regulatory requirements. They also review and monitor the Company’s Compliance program, making changes when appropriate to ensure that the Company remains compliant....   [tags: audit, finance principles, accounting]

Better Essays
894 words (2.6 pages)

Essay about Technical Expertise: Something About Real Estate and Teaching

- 1. In what ONE area am I a technical expert. (Be as specific as possible. For example, "Business" is too broad, while "Accounting" is more specific.) Real Estate Specialist 2. How has work and/or school been of value to me in becoming an occupational expert. Certainly becoming an occupational expert as a real estate specialist is like understanding the value of focusing on how to be confident in this area....   [tags: technical expert, expertise, success]

Better Essays
1116 words (3.2 pages)

Students MUST be Provided with the Skills Necessary for Success Essay

- Students MUST be Provided with the Skills Necessary for Success Have you ever seen an eighth grader, who has no mental or physical disabilities, struggle through basic third grade math. Throughout high school I have and it has become a common sight in our schools. Some were placed in remedial classes, while others sat next to me in some of my honor’s course. Students are being passed through school without being taught the basic skills necessary to be successful in today’s society. Measures need to be taken so that these students are not pushed through school and thrown into the real world without the skills necessary to succeed....   [tags: Proposing A Solution]

Better Essays
932 words (2.7 pages)

My Career Choice: Accounting Essay

- From an early age, I have always had a keen interest in the world of accounting. From studying Accounting at A-level, I have gained further knowledge into this particular subject of my choice. I am currently studying A-levels in Accounting, Chemistry and ICT. I also done Biology but chose not continue the subject into second year. Each of these subjects has given me many different options to apply for at university. The subject I am most interested in studying at university is financial accounting at various university available to me....   [tags: Accounting, ]

Better Essays
483 words (1.4 pages)

Employability Skills 2000+ Essay

- Executive summary The first year of Business Administration program sufficiently covers almost all of the skills described in the Employability skills 2000+ handout from the Conference Board of Canada, at least as well as can be done in a single year. Each skill is examined and shown how the program transfers knowledge of the skill to the student. One of the recurring items is the major assignments that the students must complete the projects more than the instruction itself is what students learn the most from....   [tags: Business Skills]

Better Essays
1755 words (5 pages)

Essay on Values Of Accounting

- When it comes to choosing a major in college, it is important that you pick a major that you will enjoy working in for the some part of your life. How does one make that decision. There are several different factors that play a role in choosing a major; or there was for me at least. When I looked into business for my intended major the first thing that came to my mind was not if I was going to enjoy working in some kind of business environment because I already new I would like that. Instead I looked at other aspects or values that a business degree offers....   [tags: Business Accounting]

Better Essays
1264 words (3.6 pages)

Essay about Accounting

- Accounting Introduction The financial information is a very important matter in a company success. Allow them to see if they have been successful in the past, in the present and help them to predict a future performance of you company. The form, the use and the people involve with the financial and accounting information in a company is going to be developed in this report. Accounting Knowing the status of your company in every single area will allow you to improve your performance and developed strategies with a solid background for a successful operation....   [tags: Business Accounting Finance]

Better Essays
1235 words (3.5 pages)