The Dimensions of a Career In Accounting
Rafael Cartagena
SOC 116
Term Paper
April 28, 2015
Introduction
A career in public accountant/internal auditing involves communicating, summarizing, classifying, interpreting and presenting financial positions about an enterprise to the management, auditors, owners or shareholders of a company. Having a strong accounting foundation is an important factor when it comes to running a successful business. In every business there is need for a bookkeeper, accountant or a chief finance officer. There is a projected 16% increase in job positions by 2016 exemplifying the bright future of accounting according to the United States Bureau of Labor Statistics website (U.S Department of Labor, 2014.) The role of the accountant has changed from traditional accounting to that of a strategic planner and a business partner in the changing business environment. And in regards to Kalleberg’s standards of “good” job criteria, a career in accounting measures up to the ideals of a worthy job to obtain.
Accounting Classification
According to the New Leadership Track in Accounting Firms by Elizabeth Almer, accounting is a study of how organizations track their assets, capital, and liabilities over time. It involves computing cost and capital gains from the capital (Almer, 2011: 44). An accountant participates in strategies for mergers and acquisitions. Public accountants work for public accounting companies with major tasks including
The goal in the life of a college student is graduating and getting the dream job in the career field that is chosen. To achieve this goal takes more than just having the knowledge and heart for the career; it also takes technical skills to be able to perform the tasks. The Auditor: An Instructional Novella stretches beyond the standard textbooks to reveal the principles and practices of auditing as they are in the real world. The book consists of a few key aspects such as: targets students’ natural curiosity about the field of accounting, supports traditional teaching tools, shapes the potential challenges that awaits 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.
Accountants play an important role in the world of business. The article, “The Future of the Accounting Profession and the Value of the CPA.”, illustrates the importance of the accounting profession and the challenges that accountants face. With over ten years of experience working in the areas of finance and office management, I have personal experience with various influences in the accounting world that were discussed in the article. This includes topics such as technological advancements, the merits of networking & mentorship, the value of obtaining a CPA designation, accountancy education, and work-life balance (WLB). The accounting profession continues to evolve alongside social trends and corporate developments, such as corporate social responsibility (CSR) and crowdfunding.
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
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
One of the most misunderstood job positions in the United States is accounting. Accounting is often described as a dull job that requires a mastery in crunching numbers. Despite accountings misconceptions, it is often considered one of the most satisfying jobs. One particular accounting title, Certified Public Accountant (CPA), is one of the most popular qualifications accountants seek out. To organize and represent CPAs, the American Institute of CPAs (AICPA) was formed. Today, AICPA is informing the public about accounting and uses the slogan “Start Here, Go Places.”
As part of the graduation requirements for South Fayette High School, I decided to spend my day shadowing Christian Stoecklein, an accountant manager at Crown Castle International. I had been curious about the job ever since I took a class on the subject in 9th grade. As a result, I was able to understand some parts of what was shown to me when I had my career shadow on May 2, 2016. After spending a day with Mr. Stoecklein, I learned more about accounting and whether I would like to pursue the job.
On Sophomore Career Day I got the opportunity to better comprehend the accounting aspect and how it connect to a variety of career for instance real estate, supply chain management, and even leadership coaching. Accountancy is a great portion of a business because if it is based on numbers and rules that determine if a business is in line. I have been told that accounting is the safest routine in business because they will always be needed. Throughout the presentation I got to learn the insight of what it really means to be an accountant in distinct careers.
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
A career is an occupation undertaken for a significant period of a person 's life and with opportunities for progress. I´ve dreamed of being a doctor since I was a little girl in elementary school so when my teacher asked the class,¨What career do you wanna pursue when you go to college?¨, I automatically knew the answer. I love the feeling of success and relaxation when I make someone feel better. I remember pretending to be sick during school so that I could go to the nurse 's office to get bandages and alcohol pads to play with with my dolls later. The nurse was so use to me coming to her office she made me a special box with many different child-friendly medical materials. This allowed me to become even more enthusiastic about becoming a doctor. I also want to be a doctor because they are paid a very high salary and are constantly in motion, whether it be running to the ER to check on a patient or going to the cafe to grab a cup of coffee after a hard day of work.
What draws me into the field of accountancy? Why do I want to launch a career as a certified public accountant (CPA)? What is there about numbers, spreadsheets, profit and loss statements, audits, inventory and fiduciary responsibility that appeal me? In this paper I will describe in detail the reasons why I am attracted to this field. Also, what are the duties and responsibilities of a CPA? How available are job openings for a person with the education and experience to work as a CPA? How well to companies compensate those hired as CPAs? These questions and issues will be thoroughly reviewed in this paper.
My paper will be about me being a mechanic when i graduate.I believe myself as a hard worker who doesn't mind working in the dirt and grit.I dont mind working out of town.I have the ability to reassemble and disassemble a complex object.The jobs Aircraft cargo handling supervisors,agriculture equipment operator,aircraft structure surfaces rigging,and systems assembler,animal breeders,aquacultural managers, athletes and sports competitors,automotive body and related repairs.these jobs require from no formal education,high school diploma or college degree equivalent.In a assessment I took it states that I am higher than average in active learning,critical thinking,Equipment selection,Equipment maintenance,insulation judgment and decision making,learning strategies,management and financial resources,reading comprehension,repairing,time management and I scored average in mathematics,operation motoring,operation and control.the jobs listed the most were farming,engineering and automotive occupations.on my career occupation list the most recommended is a automotive service technicians.in this job i will identify and fix mechanical problems on motorized vehicles.the mechanic is an important job they fix all the automobiles if it wasn't for them we would be walking or riding on bikes or buy a new car every time 1 breaks.the advantages to being a mechanic you get payed a lot to be a mechanic it is a very good job to make money in.also you get a very good feeling when u fix
Careers are some of the most important journeys of everyone’s life. Careers change in order to be accommodated to the person’s lifestyle and sometimes if we are lucky enough, we may have found the best career choice very early in our lives. This might not be the case for everyone but it happens. What makes a company so compelling that it would be considered the best place to start a career with and possible stay with for a long time? “The combined promise of job security and personal advancement within corporate hierarchies has constituted the major reward of the twentieth-century middle-class career” (Wajcman & Martin, 2001). This illustrates that for a company to be considered a good choice for a career, it would need to provide job security and advancement in the career as well. I feel these are two most important factors for the job seekers.
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.
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