Being An Accountant Or Public Accountant

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.

Financial accounting is the branch of accounting that organizes accounting information for presentation to interested parties outside of the organization. The primary financial

 Financial accounting is an information-processing system that generates general-purpose reports of financial operations (income statement and statement of cash flows) and financial position (balance sheet) for an organization. It is used by decision makers inside and outside the firm, such as security investors, analysts, and lenders. Adding to this external orientation are external financial reporting requirements determined by law and generally accepted accounting principles.

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

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.

She recommends if you are looking for a prestigious career with great growth potential to match your luxurious lifestyle, accounting is the discipline to take you there. If it's a respected and highly recognized field, accounting is the clear path to

Accounting and finance are closely related to a certain extent in which both deal with the financial aspects of a company. Accounting and finance work together in creating “a company’s budget or working capital analysis” (Wise-Geek, 2012, p. 1). Accounting involves recording of an organizations operations of a business as well as showing the information in the outline profit and loss accounts, which demonstrates the gain or loss of the organizations throughout the year. In addition, accounting includes provisions of a balance sheet replicating the monetary positions of a business at a specific time period. It should provide clear and precise figures about the proprietary and financial condition in a

Financial management is important to the organization because it provides pertinent finance and accounting information to help managers accomplish the purpose of the organization. Financial accounting provides accounting information to external users. On the other hand, managerial accounting is more for managers (internal users) to use for things like planning, budgeting, etc. The definition of finance has changed over the years, but it’s used to ultimately evaluate previous decisions and make assessments for future decisions of the organization.

The achievement work value is related to the use of my individual abilities and having a feeling of accomplishment. The second recognition work value is about to have opportunity of advancement, gain respect, and have the potential for leadership. Although I didn’t find the accounting occupation with my matched work values on this profiler. But these work values do match with my results of O*Net Interest Profiler. Since my top interests are conventional and enterprising and top work values are achievement and recognition. I should choose a career that would best matched with my interests and work values. My interests and work values demonstrate that I can be good in the field of business and management. Currently I am pursuing my degree in Business Management and Economics with the concentration in Accounting. After completing these profiler, I believe that I am on the right track. Because as stated in the Mynextmove, people interested in Accounting field like the activities that include data, detail, and regular routines. They like the jobs that involve analytical thinking, integrity, dependability, cooperation, attention to detail and achievement & effort. These work values and interests matched well with my selected degree

The main purpose of financial accounting is to prepare financial reports that provide information about a firm’s performance to external parties such as investors, creditors, and tax authorities. Must be performed according to GAAP (Generally Accepted Accounting Principles) guidelines.

Accountants to me are the most important field in the business aspect of the world. They’re responsible for analyzing financial information and preparing financial

Financial accounting is a crucial process for any successful business. Atrill and McLaney, 2013 define financial accounting as: “the identification, measurement and communication of accounting information for external users (those users other than the managers of the business).”

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

I want to be a business person since I was young. My family’s business has motivated me to major in business. My dad owns a technology company’s, but Moreover, I especially fascinated in finance. I have passion in finance fields, I am interested in stock market, investment banking, and marketing. Finance is very traditional, however, I am the one who knew the digital and social well, so I want to combine both the traditional and globalization together. I like to interact with people. I am interested in communicating with different people in my career. I like challenging. The work is more difficult, the more I want to challenge. I always believe challenging and difficult work could help improving myself to become better. So, I want to be a