Why Do I Like Accounting Essay
To be an accountant, I need to have a minimumfour years of bachelor's degree in accounting. WhenI earn the degree, I plan on becoming a certifiedpublic accountant (CPA). I have to pass the CPAexam first and meet various requirements before Ican be a CPA. Being a CPA will give me more optionsfor jobs and more chances for advancement. I canwork anywhere from the government, to accountingfirms to private businesses like banks, hospitals,restaurants, TV networks, airlines, etc., or canstart my own practice; the possibilities areendless.
why do i like accounting essay
Accounting is an information and measurement system that we use for the purpose of identifying, recording, measuring, and communicating relevant and reliable information about an entity to those with an interest in the entity. Accounting is a very challenging and rewarding career with a wide variety of career paths that one can venture in. Accounting is more of a communicating language in the world of business and as a result, the demand for accountants are constantly increasing, making accounting an extremely marketable career path. An accountant, like a majority of other jobs, has the ability to work as an independent accountant or work in a corporate atmosphere. I decided to make a career into the field of accounting in the corporate market, working for a firm and then a private company. My goal is to achieve a position of a CFO or venturing into my own business. Get Help With Your EssayIf you need assistance with writing your essay, our professional essay writing service is here to help!
Most accountants and auditors work full time. Longer hours are typical at certain times of the year, such as at the end of the budget year or during tax season.Finally Looking back since I returned to school maintaining a 3.8 GPA, I felt that my first semester in the accounting program has been difficult and grades have been hard to attain, but I realized that my work experience has been helpful as it allows me to return to school with organizational skills and the intense desire not to give up despite the difficulties and perform well as I continue the journey to my degree. I hope that I can get practical experience in the field though part time internships and volunteer as well.I feel that this major is of a great interest to me because its diversity. Both career paths have advantages and disadvantages. Public accountants have greater variety of exposure in working with different clients and industries; also, advancement opportunities may become sooner. On the other hand, private accountants can reach management levels without a CPA license and advancement opportunities may not come as quickly. This overview presented me a better idea of where a degree in accounting could take me. Knowing that I have a variety of opportunities and room for growth give me the confidence I need to Pursuing the degree would definitely open up the doors for me. Similarly, knowing that I have a detail oriented personality is a perfect fit for the world of accounting; I feel confident that my analytical, math and communication skills will help me to become a trustworthy and reliable accountant who help people to become more efficient with their
Do not forget that your non-verbal communication matters, as well as your tone of voice. Can they hear some enthusiasm in your voice, once you talk about your career choice, or about the duties you will be responsible for in your accounting job?
Should you answer this question as a part of a study program application, writing an essay, you should dream big. Who else can be idealistic if not young people? Feel free writing that you want to be an accountant because you want to make a big difference in your career. Perhaps working for one of the multinationals and eventually spearheading their entire accounting department. Or working for some NGO, helping them to save money, so they can use more funds for their worthy activities.
Jobs in accounting are popular for several reasons. According to the Bureau of Labor Statistics (BLS), accountants in the U.S. earn a median annual salary of $70,500 -- nearly double the median wage of all occupations nationwide. The BLS also notes above-average growth projections for accounting jobs: 10% between 2016 and 2026, with 1.5 million employment in 2026.
There's a misconception that accounting is boring, but in reality the field offers a range of interesting career choices. Certified public accountants, or CPAs, often operate their own businesses and provide financial and tax-related services to organizations and individual clients. Another branch of accounting, auditing, focuses on identifying errors and discrepancies in financial records that indicate mismanagement. These occupations play an important role in the country's overall economic health. For this reason, experts predict strong demand for jobs in accounting in the years to come.
Our guest author, Susan Lowe, is a licensed CPA in the state of Massachusetts. Lowe currently works as a financial executive for nonprofit organizations that promote social advocacy and health and human services. With over 20 years of experience working in accounting and finance, Lowe shared with us what she believes to be some of the greatest benefits of working as an accountant. Seeking accounting career information? Read on for some of the top reasons to pursue a job in the field.
Accounting professionals are supportive of their colleagues. From the American Institute of CPAs (AICPA) to the state societies, you will have numerous opportunities to network, both in social settings and professional settings. You will always have resources to help answer that tricky accounting question or get career advice. You will be able to find mentors and be a mentor. I consistently find that those in the accounting field are open, friendly, and supportive of helping others advance in their careers.
While many accounting majors start their careers in public accounting and remain in this sector, there are so many other options and career paths you can consider! Every company, whether a Fortune 500 or a small nonprofit, needs accounting support. You can specialize or generalize -- be a tax expert or a CFO, work as an auditor or be the auditee, work for the government or help a company comply with government regulations. You will have vast opportunities to determine a path that is best for you. The skills you develop are in demand.
For example, in the nonprofit sector, where I focus my career, I have worked for organizations in global health and human rights (gaining international experience), special education, and human services. I have worked at smaller organizations with broad responsibilities beyond accounting to larger organizations with more narrowly focused duties. There are limitless growth opportunities -- you will be able to advance your career.
Accountants are respected business professionals, and accounting is known to be one of the most trustworthy professions. You will become a trusted advisor to others where you work, and your opinion will matter in making business decisions.
As an accountant, you will be solving real business problems. You will use your accounting education to provide accurate data for your company -- data that will be used in decision-making. You will ensure the integrity of the financial data for your company. You will work in partnership with others in your company, using your accounting knowledge and skills to help drive your company's success.
Accounting skills are needed at every company, and every department within those companies is impacted by the work of the accounting team. As a practical matter, you will be able to make a great living in this profession.
The career requirements vary from school to school. Although accounting education majorly requires an extreme concentration on Mathematics, business, economics, and finance (Nobes). Every profession has a set of standards that must be achieved educationally. Since I plan to shift and complete the program at Kennesaw State University, there are specific needs to enter the school. For instance, a letter of application with at least three references, a letter of good character from the home institution, and past academic transcripts from the previous institutions (Kennesaw State
Intelligent technology may seem new, but many companies are already using basic automated accounting processes. Accounting tasks and processes that machines can do or streamline, according to Forbes, include supplier onboarding, accounts payable, audits, procurement, purchasing, expense management, close processing, and customer queries.
Intelligent technology is shaping the future of accounting by impacting the types of jobs that will become available. As advanced systems handle repetitive work, humans will deal with more of the analysis, becoming the crucial link between data and clients. Technology will continue to impact the role of the accountant and the demand for accountants in the future.
Relatedly, accounting professionals will also need to understand how to use data visualization strategies and programs to translate all that data into insights for clients and company leaders. Accounting professionals with these skills can use predictive analytics and forecasting to strategically advise clients or organizations. As automation frees up time previously spent on more mundane tasks, accounting professionals can focus on these higher-level analytical skills.
The outlook for accounting professionals is often tied to the economic health of the country, with improvements in the economy generally resulting in the need for more accountants, auditors, and other professionals to manage financial records. Globalization and increased regulations will also impact the demand for accountants in the future.
Without preparation and reflection on this interview question for a career in accounting, your response will probably appear discombobulated. While the question seems simple on the surface, your answer should have a few layers of depth. The interviewer will be looking for an answer that touches on a few key points. 350c69d7ab