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.
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.
In the fall of 2012, I enrolled in North Hennepin Community College to pursue an Associate’s Degree in Accounting consequently awakening my thirst for learning. Majoring in accounting was an easy choice since I had a background in bookkeeping and I have always enjoyed working with numbers. My goal when I first enrolled in North Hennepin was to acquire an Associate’s Degree, and join the workforce, however, as I progressed closer to finishing my course there, I realized I wanted a Bachelors’ Degree since I enjoyed challenging myself and learning material that was critical to my career.
As a manager for a large department her job duties are quite extensive. She manages over forty employees. She reinforces compliance of staff with hospital policies, gives informal/formal feedback regarding performance throughout the year, promotes staff development, and uses effective listening, writing, and verbal skills. She promotes satisfaction targets related to patients, employees, and physicians, actively participates in, and leads interdisciplinary teams. Alicia also assist the director in maintain departmental budget, monitors supply utilization and maintains budgeted targets, and responsible for an efficient and accurate payroll.
You are in your third year as an accountant with McCarver-Lynn Industries, a multidivisional company involved manufacturing, marketing, and sales of surgical prosthetic devices. After the fiscal year-end, you are working with the controller of the firm to prepare supplemental business segment disclosures. Yesterday you presented her with the following summary information:
On Wednesday, February 24, 2016, I conducted an interview with Professor Clarissa Wilkerson, JD, CPA. As an accounting major, I am extremely interested in pursuing a career in accounting and am a student in Professor Wilkerson’s class. Her enthusiastic personality continues to inspire me to pursue a career in this field. After explaining my career goals and the details of this assignment, she gladly accepted when I asked if she would be willing to conduct an interview to help me complete this interview report. Professor Wilkerson received her Master’s degree in Taxation from Georgia State University. She is also a licensed Certified Public Accountant (CPA), and has considerable experience in the field of accounting. A few of the topics we discussed were: the importance of teamwork, the way technology is changing accounting, the value of understanding finance and economics in relation to accounting, and the usefulness of receiving a degree in accounting and earning a CPA license.
As an accountant manager, Mr. Stoecklein manages a group of accountants responsible for setting out financial documents for external stakeholders. Because it was the beginning of May, his team was busy with closing the books, so I was able to see a meeting he conducted to make sure everything is going according to plan. He has been in this position for 11 years now. Prior to that, he worked four years at KPG, one of the “Big Four” accounting firms.
Kristy Moore is a Sophomore at Chandler-Gilbert Community College. She is working on getting her Associates Degree in Accounting. She is a very self-motivating person. She has taken all her college courses online. She is a mom of four boys which also makes her very task oriented. She is also very gifted at multi-tasking. She has always had a desire for managing money and learning how to make a dollar go further. She would like to one day work as a bookkeeper for an accounting firm. She would also like to consider continuing her education and getting her Bachelor’s degree in Accounting.
I personally have financial need because of the financial burden my family experiences each semester while I am attending college. The financial support from the Harvey A. Buffalo scholarship would ease the burden on my parents, and allow me to focus on finishing my degree without worrying about the expensive tuition fees my parents are forced to cover. Scholarship assistance would also minimize the outstanding loans I will be required to bear once I complete my degree and enter the workforce. I have chosen to pursue an accounting degree due to my love for learning mathematics throughout my grade school education. The accounting career path has always interested me, and I believe that it is a perfect match with my personality and how I picture
From communicating with former accounting students at North Carolina A & T who obtained his or her Master of Science in Accounting degree at the University of North Carolina at Greensboro and have become successful professionals, I am interested in knowing how I will fit in as a graduate student and how well I will be prepared to enter into the workforce upon graduation.
Two of the most contentious issues currently facing the accounting world are how to report revenue received from contracts and how to report income tax expenses. Both these issues have been at the centre of much criticism in recent years and this has led to current standards being reviewed and new standards being put in place with the aim to give a more accurate picture of a company’s performance in a given time period.
The first goal I would like to accomplish by the end of my internship is to be able to become an intermediate excel user. I have never had the opportunity to use excel or been thought how to use it. Therefore, learning to properly use the excel program I believe it will help me in the future. The way I will attain my goal is by doing all my office budgeting reports through excel. At Spicy Charlie’s we are not required to do our budgeting reports on excel but it is
People’s normal lives are closely related to the economy. In addition, accounting is the root part of the economy. With the advent of the 21st century, accounting is becoming more and more popular among nowadays’ society. Many students choose accounting as their major. Many accountants are proud of themselves to have this job. However, it is not difficult to become an accountant, but it is hard to let everyone achieve excellent success. A qualified accountant needs to do a detailed cost accounting and financial analysis of the enterprise capital, income, spending, which can directly affects some measures or plans of the enterprise. So to be a good accountant, one must cultivate his meticulous, patient and responsible attitude in the face of the complex digital work step by step to maintain good working condition. No matter what kind of field you work or study in, you must have some advantages to prove yourselves as well as do well in your job. In order to identify these relevant abilities, I did a survey and asked some of the people to collect their own thoughts or experience about how to get success in accounting. After I finished the survey, I found out that the abilities not only includes the real skills we need to have but also you must have the “occupational ethics” or we can call the values of the jobs. These spirits will often go into work and make the job more outstanding.
The typical day of an Accountant probably seems excruciating to most people uninterested in this field. You prepare assets, liability, and capital account entries. You analyze financial actions and make suggestions for the company. You’re essentially going through account information all day. Now, just imagine doing all of this but incorporating religious laws into it. Sounds a lot more different than the latter. You now have a lot more to consider when making these financial decisions. Seems more interesting, right?
Viccio and Martin staff accountant Jane Ashley was assigned to work on an audit team with one senior auditor Frankie Small. The audit they were to perform was on the top paying client of Viccio and Martin, Models Inc.. Jane had spent time working for the firm while finishing her academics, and had been present for many other audits. This left her excited to show her employer all she had learned during this first assignment. Jane was away at school when the yearend inventory count was made for Models Inc., so she decided to brush up before the audit began by studying the financials, audit notes, previous audits, and the inventory counts performed. Upon doing so,