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Ethics in the accounting profession
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I am an accountant major who is willing to graduate from Crowder College in the coming semester. Moreover, I have done two years degree of supply chain management where it mainly deals with movement of goods from the supplier to the purchaser. Besides that, currently I am an accountant clerk where I perform multiple tasks like recording and posting business transactions in the general ledger accounts. In addition to that I process bills so that all payments are made at the required date to avoid any inconveniences. I am a resourceful and result oriented person who is seeking for a senior accountant position at EAG Inc. usually, I browse the indeed website and check any newly posted positions that matches the position I am highly interested …show more content…
Learning this classes makes one to master how to handle financial statements like adjusting the balance sheets at the end of the accounting period. Moreover, it facilitates one to understand how to prepare and record assets, liabilities, equity, revenue and expenses in their respective accounts. In addition to that, it teaches one to exercise ethical behaviors when handling accounting books, so that the information he/she provide are reliable and accurate to the best level he can. On the other hand, currently I am handling the position of an accountant clerk for a period of one year where I am dealing with daily business transactions occurring in the organization. Some of the task include, issuing checks in order to offset the debt owner by the company to the respective suppliers. More to that, I also provide front desk customer service by responding the questions raised by the customers through phone or face to face. With the help of the knowledge I have acquired from the accounting classes and my current job, I believe I am capable to handle this post. Besides that, succeeding this position will allow me to further my accounting knowledge in terms of preparing monthly financial
Every human being in this world is unique and each individual has different ways in which they learn. Learning styles have been formulated over the years to help us recognize the way we approach learning and methods we use to gain knowledge. It is an individual's distinctive approach to learning based on strengths, weaknesses, and preference with a mixture of various styles. In this essay, we will take a look at different learning styles and how they can be implemented and integrated in the accounting profession.
Accounting: From Clay Tablets to the Cloud, How Technology has Changed the Accounting Profession Every business professional knows that accounting is the language of business. The language of business has especially been transformed in the last 38 years due to the almost constant change in technology and technology. Accounting professionals have become the interpreters for the language of business, a language that all business professionals must understand to be successful. in today’s highly competitive market.
I am currently looking for work as an Administrative Assistant with the goal of becoming a Business Administrator or General Manager in the future. I have been in the workforce for a couple of decades now and have had the opportunity to experience many different career paths. Administrative Assistants have a broad range of duties that I think would utilize and hone my existing skills as well as offer me insight into how different departments function; this combined with my work history would make me a great future manager.
To, The General Manager, Accounts Department, , United States of America Respected Sir, Subject: Post of Senior Auditor I am writing in response to your advertisement, to present my credentials for the job available for senior auditor, as this is the field in which I feel I am extremely well qualified. As far as my academic record is concerned, I am a talented auditor and have accomplished many awards throughout my academic career. I have excellent communication and research skills and I am acquainted with the fast paced working environment where the time limit is the priority and managing collective jobs contemporaneously is the necessity. I enjoy taking demanding or difficult tasks and work extremely hard to accomplish my goals. I am a very committed and enthusiastic person towards my work and always try my level best to give the most outstanding outcome. It would be an honour for me to be an effective part of your organization, as I have both the education and practical experience to do the job of cost accountant for you. Sir, if you would give me the chance as a professional,...
The revenue/cost period-: Revenue and the cost period in accounting that the company get income from normal business activities. It’s referred to normal business income that the company got by selling their product and service.
I am interested in conducting research and teaching in managerial accounting, auditing and assurance services and accounting information systems. In particular, I am interested in exploring the role of accounting information systems in decision making, internal control, and auditing. In order to gain an appreciation of these and related issues, it is essential for me to have a strong grounding accounting, accounting information systems, information technology, managerial accounting, as well as gain a general economic and management perspective.
Increased competitions and high expectations of the companies have put high pressure on the accountants. Making the most accurate decisions and helping the companies maximize their financial performances have become almost basics of the accountants’ duties. Many business owners question why they need to seek the services of an accountant when they can do many things themselves with the help of the technological tools. Today, an accountant must provide more than what technology can do for the company. They have to set business plans, goals and provide guide to achieve them with less cost and most profit. They have to advise business on their investments and project the most profitable decisions for the company. Beside the investments, accountants expected to consult the firms on their consolidations with other firms. Making decisions and researches on reducing costs, and sharing resource while providing variety of offerings puts lots of stress on the
I was excited to see your opening for a financial administrator position, and I hope to be invited for an interview. I received the job information from the NURAP email. The requirements and qualifications align well with my experience, education, skills and background. My background includes financial reporting & analysis, and public accounting.
From erudition of analytical processes, to financial reporting, and even business concepts and ethics, you are able to advance and develop your accounting skills and knowledge. My ultimate goal is to obtain the skills needed to help a business/corporation with their internal growth and thrive. I had an opportunity to experience this gratification serving as the accounting intern at Missouri Valley College. Through hosting accounting labs and assisting with the chapters
From an early age, I have always had a keen interest in the world of accounting. From studying Accounting at A-level, I have gained further knowledge into this particular subject of my choice.
I have learnt so much in this internship, such as firm operation, accounting information system and question-asking skills. Firstly, I have known more the operation of the CPA accounting firm. Nowadays, it does not only provide accounting, tax and audit services, but it also provides company secretarial and consulting services. Secondly, I have learnt the importance of accounting information system. The director, who was an accountant and does not have Programming background, studied the website programming by himself in order to develop the website accounting information system. He told me that development of the system could improve the efficiency of the operation and shown the applications on the computer screen. I appreciate this effort
What does the accountant of the future need to be successful? A sturdy education that while is based on traditional accounting practices, also prepares future accountants for the plethora of changes happening in the accounting universe. Frequently, most of the institutions responsible for educating professionals fail to evolve as rapidly as the professional practice itself (Bedford et al. 4). In every way, accounting is expanding and in order for the future to have competent accountants, accounting education must expand as well. Major changes occurring in the world of accounting include the expansion of services and products, changes in competition, an increase in specialization, and an increase in and an advancement of technology. It is up to academic institutions to find proactive ways in which to prepare students for such changes. Accounting education of the future will require more breadth to cover the inevitable expansion of services and products, increased knowledge of economics, marketing, management and information systems to increase competitive advantage, a balanced course load that provides a general accounting knowledge as well as increased knowledge of a specialization, and also a greater, proactive focus on the use of continuously advancing accounting technologies (Bedford et al. 8). Also in play is the chance of change in accounting standards, the move from US GAAP to IFRS. While there are no certainties surrounding the threat of such change, students in the U.S. should acquire at least a general, basic feel for the practices used in regards to IFRS. The future health of the accounting profession depends, to a great extent, on the health of our students (Gormon and Hargadon 4). Reorganization of curriculums would surely be difficult and assumedly time-consuming, but nevertheless, completely
he accountancy profession is rated highly in terms of its demonstration of certain values, attributes and behaviours considered important for supporting public value. A competent professional accountant in business is an invaluable asset to the company. These individuals employ an inquiring mind to their work founded on the basis of their knowledge of the company’s finance. Using their skills and intimate understanding of the company and the environment in which it operates, professional accountants in business ask challenging questions. Their training in accounting enables them to adopt a pragmatic and objective approach to solving issues. This is a valuable asset to management, particularly in small and medium enterprises where the professional accountants are often the only professionally qualified members of staff.
Accounting is one of the fastest growing fields in the United States It expands each time a new store, a factory, a filling station, or a school goes up, whether in a large city or a small town. In today's society, the demand for good accountants for exceeds the supply. As our country has expanded, business and industry have become more and more complex, so control here is very important. And control depends on a great deal of the bookkeepers and accountants who can analyze figues and advise management on what should be done. They are using more scientific ways changing money, figuring change, and collecting sales taxes. Moreover, department stores and other companies now have plants and offices widely scattered throughout the country. A new set of bookkeepers and accountants, is needed at each branch. I know there are many managements supervisory, and junior or senior executive positions are bing filled by people who started as accountants because accountants have the knowledge of methods and finance and comprehension of the fundamentals of business, and acc...
Responsibility accounting is the practice that focuses on providing financial information useful in evaluating efficiency and effectiveness of managers or department heads, on the basis of financial performance directly under their control. Responsibility accounting is also based on the assumption that every cost incurred must be the responsibility of one person somewhere in the company. Examples could include; the cost of rent being assigned to the person who negotiates and signs the rental agreements; or the cost of an employee’s salary being the responsibility of that person’s direct manager, or human resources manager (S. Bragg, 2010).