Skills Necessary for Accounting Success

Every organization that aspires to be successful must address the value of emotional intelligence in the work place. How people relate to each other determines if the organization eventually moves from

Emotional Intelligence (EI) or the ability to understand my own emotions and others emotions was an ability I had underestimated before taking this course. However, after learning about emotional intelligence’s relevance to the business environment, and how it effects every interaction and decision I make, I have suddenly become very aware of my own emotional intelligence. Based on the results from the assessment of EI, I scored a 42 out of 50. This means that I have a high EI and an aptitude for reading and understanding my own emotions and the emotions of others. Further interpretation of my results found that I scored 5’s or the highest EI on my awareness of my own feelings and my ability to pick up on subtle social cues. I will try to

The ability to be emotionally intelligent grants someone the potential to change and be flexible. Regardless of the qualifications a person may have, if they lack the emotional qualities they are unlikely to succeed in various fields. Our work environments are rapidly changing, from the technology to the very foundations of the job qualifications. If someone is unable to adapt they will not proceed further. Daniel Goleman, an author and science journalist, presents in his book “Emotional Intelligence: Why It Can Matter More Than IQ” the five pillars of emotional intelligence. These pillars are, Self- Awareness, Self- Regulation, Motivation, Empathy, and Social

Therefore, if you are studying accounting in college you should have an idea of kind of accounting field you wish to enter. There is a quote that said, “CPA is always an accountant, but not all accountants are CPA.” Hence, there are a number of accountants who never pass the CPA exam and though they can perform a variety of accountancy task, they are not allowed to perform certain tasks that only a CPA can do. Hence, no matter if you are, a certified accountant or not you there will be a place for you in the accounting field. The larger companies will go out and hire a CPA (Certified Public Accountant) in order to maintain some form ethics within the company. However, the small businesses might hire an accountant to perform duties as a managerial accounting, cost accounting, and financial accounting.

Australian Business Leaders have identified skills that are most important in a business landscape; these include Continuous Professional Development and Communication Skills. In this portfolio I will reflect upon my skill development and learning’s in BSB124 – Working In Business. Through this reflection I will discuss my skills built through the learning of Emotional Intelligence throughout the unit. I will be discussing Goleman’s Emotional Intelligence theory that we have learnt as well as other practical ways of testing Emotional Intelligence. I will also discuss an area of possible improvement of my Emotional Intelligence linking to my future career prospects through my own personal results in the Schuttes Emotional

Emotional Intelligence is one of the topics that gain popularity in business discussion nowadays. To understand what Emotional Intelligence is and how it may help to build a better personality and better worker, this paper is to discuss about to two main competencies of Emotional Intelligence. The first one is the Personal Competencies and the other is Social Competencies. By understanding these competencies, employees gain the knowledge of how to create a better workplace not just for those individuals, but for others around them, as well.

Formally, Emotional Intelligence, commonly abbreviated as EI is defined as the capacity to reason of and about emotion so as to enhance reasoning or rather thinking. It is also defined as the capability of an individual to recognize and understand the meaning of emotions, their relations and use this information to reason critically and solve problems based on these emotions (Dann 78). The first Emotional Intelligence theory was initially developed by early psychologists back in the 1970s and 80s. This study was advanced and has been advancing over the past years. It has become very important in organizational development and developing people in the process. This is because the Emotional Intelligence or rather Emotional Quotient

When entering the Kelley School of Business two years ago, I was unsure which path in business I was interested in pursuing. The Kelley School offered a myriad of career options to pursue, and I was only a freshman coming from a school in Northwest Indiana with little prior experience in the area of business. I had chosen to attend Kelley based on my mathematical abilities and interpersonal communication skills, two skills perfectly matched to the area of finance and accounting. After spending two years learning multiple areas of business, I realized I had made the right decision when I fell in love with my accounting and data analytics courses. I thoroughly enjoyed learning the material in these classes, and the experiences I have received

Emotional intelligence (EI) is a critical skill in each area of our life, beginning with the personal life and ending on the work environment. It can improve an individual's social effectiveness, and allow for the better understanding of how our emotions work. “Emotional intelligence involves the ability to recognize and control one's own emotions and the emotions of others and refers to a variety of competencies and skills such as empathy and self-control that affect personal and professional outcomes” (Butler, Kwantes, and Boglarsky, 2014).

Emotional intelligence is a phrase used in the business world to explain one’s competency in displaying and handling one’s own emotions as well as the emotions of others around him or her. In his book, Working With Emotional Intelligence, Daniel Goleman explains the importance of Emotional Intelligence and how it is more imperative for one to have high Emotional Intelligence rather than a high IQ. This is because, no matter how talented someone may be in their line of work, he or she must still be able to work well with others and express their ideas. Goleman categorizes Emotional Intelligence into five emotional elements and then further into emotional competencies. He has separated each

Majoring in accounting, with a specialization in auditing, has equipped me with excellent problem solving skills and a high attention to detail. In my studies I have become familiar with financial statements, budgets and cash flow analyses. Although I specialized in auditing, the most rewarding course was one where we in teams developed working financial

Studying accounting for me, bridges the gap between learning a subject for achievement and enjoying the subject. The attention to detail along with the vital level of accuracy in accounting really stimulates the mind. Along with the element of problem solving which I find highly satisfying, from making numerical calculations on a calculator to correcting an error. Ever since taking the AAT course, It has become clear to me that I want my career to be in the financial sector dealing with money. My interest in the subject ranges from the laws and regulations accountants must adhere to, right across to using spreadsheets to analyse and present figures.

“Emotional intelligence is the ability to understand and manage our emotions and those around us, therefore, this quality gives individuals a variety of skills, such as the ability to manage relationships, navigate social networks, influence and inspire others. Every individual possesses different level, but in order for individuals to become effective leaders, they will need a high level of emotional intelligence. In today’s workplace, it has become a highly important

The book “Working with Emotional Intelligence” by Daniel Goleman deals with the emotional assets and liabilities of individuals in organizations. Emotional intelligence is traits that go beyond academic achievement or IQ. As a matter of fact he points out that high academic intelligence can sometimes stand in the way of emotional intelligence. Broadly speaking, emotional intelligence determines how well we handle difficult situation, which cannot be solved by logic, but more by a “feel” for the situation. These attributes are very hard to measure, which is why many standardized tests, whether academic or for employment, fail to measure these attributes, even though these are the one which determine

This paper is aimed at evaluating my own emotional intelligence while subsequent parts of the paper will discuss how this emotional intelligence affects other aspects of human life like business, religion and politics. In this part of the paper, I will reflect on and demonstrate the skills and the knowledge needed to enable one to accurately see and understand the emotional strengths, weaknesses and nuances of other workers at the workplace.