Accounting Informative Speech

Obtaining such title and maintaining it simultaneously is very hard because it requires very high ethical standards, harsh comprehensive tests and continuous education. Once obtained, it is the best job for an accountant. It comes with many benefits including an increasing essential for representation, credibility and experience in accounting. In the modern economy, many people and firms are

a. According to Dictionary.com, an accountant is, “a person concerned with the  maintenance and audit of business accounts and the preparation ofconsultant reports in tax and  finance”. (Dictionary.com, 2013)

Describe at least two (2) career options someone with an accounting education can pursue. Be sure to reference sources such as the Bureau of Labor Statistics and the American Institute of Certified Public Accountants.

Bureau of Labor Statistics. (2014).Accountants and Auditors. Occupational Outlook Handbook (2014-15 ed.). Retrieved from http://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm

They require to make many various reports such as assets and liabilities, loss and profit, or other financial documents. Some other tasks they may do is to design accounting systems, financial forms, and instruction manuals for the firm’s accounting and bookkeeping workers to use. They give advice to the companies upon the investment, tax strategies, and risk management. They sometimes can train some other lesser skilled employees. Public accountants work for pubic accounting companies. They usually work for the offices, and they would use the computers as the reference and calculations.

Accountants might give information to an open accountant, who goes about as an advisor, reviewer and duty administration proficient. Partnerships, charities, associations and governments use administration accountants to record and examine money related data of the organizations in which they are utilized. They for the most part prompt organization officials, lenders, stockholders, administrative offices and expense work force. Accountants might likewise work with government authorities who are looking at and keeping up the money related records of the private business for which an accountant is utilized, regarding tax collection and government

They need mathematical models that speed calculations for special business scenarios. They also require entering customer information to produce reports that guide the advice that they offer clients.

First, the CPA exam has four different tests total. All the test have to be completed in 18 months, with that they can choose the order they take the test in. Of college, they have to have a bachelor's degree, Bachelor's degree can be completed in four years. Accountants and CPAs are not the same. They do mostly individual work, and CPA does group work such as taxes for a company. All of the information

My overall career goal is to obtain my CPA license. To obtain my CPA license, I will first obtain my associates degree in accounting, Associates of Applied Science. This degree will help myself obtain an entry-level position in the accounting fields. By obtaining my associates degree in accounting, I will count with a two-year background in accounting. This experience with help me obtain a part-time job or internship in my field. With the courses, I have taken, this has provided me with an overall view of the preparation of financial statements, journal entries, and QuickBooks software.

However, if you are a qualified accountant, there are many different sectors in which you can enter into. Directions.gov.uk shows the many different roles within the accounting profession, these include; “tax accountancy, external audit, internal audit, corporate finance and management accountancy”. Each role differs greatly from another however all are classed under the profession of Accounting.

During my time at Accounting Firm X I learned many lessons that apply not only to accounting and the principles and practices associated with that subject, but also to life as a professional in a real world work setting. The purpose of this essay is to highlight my experiences at Accounting Firm X to shed light upon key learning experiences that can contribute to a holistic educational experience. In this essay I will first describe my goals and expectations. Next, I will go in to detail about my daily routine and how these exercises contributed toward the overall experience. I will then explore the overall lessons learned from my time spent at the firm.

There are four main fields of accounting and auditing listed by the Bureau of Labor Statistics: "public accounting, management accounting, government accounting, and internal auditing." CPAs are not limited to a narrow list of activities, in fact public accountants typically work with a "broad range of accounting, auditing, tax, and consulting

Accounting is the language of business. It is a profession that is being guided by principles, concepts, conventions, laws, etc. All these fundamental building blocks serve as common and general compasses to all practitioners of the profession. In some cases, they are nation-wide tailored, while in other cases, they are universally tailored. Accounting as a living, practical, dynamic and realistic profession covers so many areas of social, economic (business), and governmental activities. Surely, any endeavour that involves monetary and material activities create a room for the services of Accounting. Many of the human endeavours for which the accounting profession plays significant (some times inevitable) roles include; Banking, Insurance, Manufacturing, Farming Contracting, Oil and Gas, Mining, Transportation (Air, Land and Sea), Educational Institutions, Churches, Ministries, ICT, Hire Purchase, Local Government Authorities, Estate Businesses, Export and Import Businesses, Bill of Exchange Transactions, Royalties Transactions, Consignment Transactions, Stock Market Transactions, Sports, Entertainment, Hospitals and Hospitality Industry, etc.

I am interested in Business area, especially in Accounting. There are lots of careers in accounting itself, including management accounting, public accounting, financial accounting, and auditing. For myself, I am rather interested to be a financial accountant or public accountant. I’d like to work in the business field because of the fact that I like learning business and it’s important for people in every field. It also useful in our daily life, such as how to pay your bill and arrange your house tax. From my research, being an accountant for a living is also guaranteed. Accountant reached number 3 in the best business jobs, according to US News 2015. Accounting job is also reached number 16 in the 100 best job and number 5 in the best STEM (Science, Technology, Engineering, and Mathematics) jobs (“US news & World Report”). The other reason why I choose this field is because I tend to work inside the building, and compared by other fields like nursing or engineering, I rather choose accounting. Besides, I found that accounting is not really hard as long as we understand the concept.

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. The accounting profession also demands a high level of integrity and morality because the financial data prepared by accountants is used by business managers to run their