Essay on Accounting

For me accounting is personal. As an immigrant, life has seldom been easy. It has been marked by continuous sacrifice, unfamiliar settings, and unnerving trials. From an early age I witnessed my parents painstakingly keep track of their income and expenses in order to make ends meet. Such trying moments were the early signs of my inclination towards accounting. In essence, these painful experiences stirred something within me, something that culminated into a passion. After exposure to numerous accountants and academic courses, I was firmly convinced accounting was my calling. In pursuing my calling, I attended Miami Dade Honors College and earned an Associate of Arts Degree in Accounting. Afterwards, I transferred to Florida International University, where I hope to acquire my Bachelor of Accounting in April 2018.

Accountants are responsible in analyzing and assessing the revenue, expenses, reporting financial matters and giving advice about the financial health of their employer. They help their client to know the best way to run a business by tracking and analyzing where does the money of the business go. They also give suggestions on where money could be made and advice in budgeting the money in the business.

The purpose of accounting is to provide the information that needed to make sound economic decisions. It is one of the oldest professions in the world today, and the backbone of any business operation. It is not just about numbers, accounting is about planning. Accounting has many subfields, which includes management accounting, financial accounting, and cost accounting. Accounting can be a prestigious career, but to achieve that prestige you will have pass the CPA (Certified Public Accountant) exam and become a licensed accountant, and with that license you can work in any of the subfields.

Many young students want to pursue a career in accounting but are still wondering whether the possibility of matching this job or not. In general, the accounting industry is considered the industry that many students including myself choose and study. Graduate, students easily find a job and have a steady income. Not only easy to find a job and a stable income, I began to choose accounting because of the peculiarity quite "comfortable" of the industry: not too demanding, picky, I just have to like working with the numbers and skills required when working with numbers. Since accounting is an indispensable part of all companies and organizations, so this is one of the best craft unemployment negligent that I want to purse.

The Report describes a proposal for the group of 20 of doctors with regard to the creating a hospital. Due to the 500,000 population of the city $100 million dollars would actually be a great start. Because the facility would be located 30 miles from the downtown area it would allow the facility to attract patients without being crowded. On the downside this affects its financial position and market condition because of distance. A lot of patients are not able to get to the doctor due to the high gas prices. Using various strategies, such as looking into ways to connect with public transportation to deal with this problem and gain

Accounting doesn’t sound like the most glamorous career, people usually see it as the complete opposite to the tune of, “that’s a practical choice.” I can’t disagree,

Dittman's Variety Store is completing the accounting process for the year just ended, December 31, 2011. The transactions during 2011 have been journalized and posted. The following data with respect to adjusting entries are available:

“The best-compensated accountants work in the fields of securities and commodity contracts intermediation and brokerage and for the federal executive branch” (US). Twenty-five percent of graduate’s make fifty one thousand one hundred and thirty dollars a year. The other seventy make eighty seven thousand five hundred and thirty dollars. The best ten percent of accountants make up to one hundred and fifteen thousand nine hundred and fifty dollars and the lowest makes forty thousand eight hundred and fifty dollars. I want to get a job in accounting directly after college for a big company and work my way up into the top ten percent as fast as possible because each year, the average income raises. Experts predict that the highest paid accountant will make upwards of one hundred and twenty thousand dollars a year by 2020.The highest paying city for accounting is New York City, New York. The second highest paying city is San Jose, California. Accountants are always needed, they are necessary anywhere there is money being spent and saved, every business needs someone to keep up with their money and control their finances.

Accounting is the study of how businesses track their income and assets over time. Accountants engage in a wide variety of activities besides preparing financial statements and recording business transactions. These activities include computing costs and efficiency gains from new technologies, participating in strategies for mergers and acquisitions, quality management, developing and using information systems to track financial

However, with a degree in accounting, there are many career options one can take. For example, one can pursue a job as a Financial Accountant. As a Financial Accountant, the job can consist of preparing financial statement, or running spreadsheets. On the contrary, accounting major can also acquire a license as a Certified Public Accountant (CPA). This will allow them to work as an auditor, tax compliance, estate and financial planner. The texts I have selected were written by and for Business majors and all have a common structure and

We need accountants because they are trained to handle tough financial situations. They know what investments are wise, what we can afford, and how we can increase our wealth.

1. A brief history of the two organisations, and their objectives, in as far as they

The U.S. Bureau of Labor Statistics (Occupational Outlook Handbook, 2010-11 Edition) points out that while most accountant's positions require "at least a bachelor's degree" there will be job opportunities in fact the job picture for accountants is "favorable" for those who have earned "professional recognition" either through certification of licensure, or by receiving designation as a certified public accountant (CPA) (BLS.gov).

A specialized accountant’s main duty is to “analyze, interpret, summarize, and present complex financial and business related issues in a manner that is both understandable and properly supported.” (Business Courier) They are commonly engaged in public practices, or in insurance companies, banks, police departments and other government agencies.

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