Analysis
Chartered Accounting
Chartered accounting is an accountant who is accountable for publishing as well as the preparation of a company’s financial statements. They work in fields of finance, business, taxation and general management. Chartered accountants work in all fields of business and finance which includes audit, taxation, financial and general management. Some are engaged in public practice work, others work in the private sector or are employed by government bodies. Chartered Accountants provide the necessary information of a businesses financial statements, providing technical guidance and the overseeing of internal controls in the business. They work in a broad range of roles such as the Chief Executive of Financial
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My personality is very outgoing and I like to think, which is why I believe that this type of career matches my abilities, interests and personality, as it requires working with numbers and having to solve or make decisions for any problems that may have occurred in the business. It will also suit my personality as I would not like to be doing the same activity for a long time, and the career allows me to do different things each day.
Skills and abilities that I may require for this career is to be professional, to have objectivity, empathy, understanding and to be a good listener, computer experience (windows, excel), financial management, the ability to supervise staff and to manage and supervise a team. I will have to also have the following qualifications in order to become a chartered accountant. I need to exit school with the correct subjects and levels such as:
The minimum level for mathematics ( not mathematical literacy) for an admission to university is a level 5, together with a National Senior Certificate.
A good grounding in English which will help you understand the different concepts
Having accounting as a school subject can help you with your
Under a research concerning the incorporation of public accounting, researchers have found articles related to it. AICPA once opposed in the incorporation of public accounting in reasons that it may fall under the management of non-accountants. (The CPA Journal Online) When Rule 505 of Code of professional Conduct was already existing (Practice of Professional Corporation), issues arises about the protection of an accountant as shareholder in the corporation. On October 1990, the Council of the AICPA amend Rule 505 of the AICPA Code of Professional Ethics to make it possible for CPAs to practice as "limited liability corporations.
I was employed at Federal Mogul in the Accounting Department. My job duties were processing billings, invoices, processing claims requested by clients. It was also my responsibility to prepare and reconcile monthly trial balances, prepare journal entries, reconcile general ledger accounts, and bank reconciliations. Resolved NSF checks issues and submit for collection when necessary. Additionally, I prepared internal and external reports for management.
After completing the “career cruising” matchmaker worksheet 3.1, I learned that an orthodontist would be an appropriate career for me. This seems fitting because I fall under many of the characteristics you need to be a good orthodontist. I have always respected my orthodontist and what he’s done for me. An aspect that seems to fit my personality is, “Working requiring accuracy and attention to all details.”
The Texas Society of Certified Public Accountants (TSCPA) is a professional interest group established with the main objective of protecting the accounting profession. Although it was formed on the twenty-second of May in 1911 by Texas public accountants Marion Douglas and William Peter, the Texas Society of Certified Public Accountants did not receive recognition by state certification until March 1915 when the Public Accountancy Act was signed by Governor James E. Ferguson. The Texas Public Accountancy Act of 1915 established the Texas State Board of Public Accountancy, which issues and revokes accounting certificates, collects annual fees, and makes it a misdemeanor for anyone to practice accounting within the state of Texas without a certificate.
The TypeFocus assignment allowed me to see what occupations would or should interest me, and the funny thing about it is; it 's really close to my actual occupation. At this time I am 40 years old and back in school. Graduating from College will help me further my career, and will open opportunities for advancement, within the company I currently work for. My current position is in an office setting, working with billing, arranging fuel transportation, and leading coworkers throughout our office with their daily task, and also training new employees. I am perusing a degree in Business Management which will support my role in training and leading.
The main purpose for the majority of colleges is to prepare men and women for profitable, well paid careers. It is a basic foundation for men and women that can lead to the pinnacle of success. In Fr. Arrupe’s quote, I believe he is saying that the primary focus of colleges and universities, should be to prepare and educate men and women, not only for financial, and lucrative careers, but to instill in them compassion and Christ like characteristics, to not only be witnesses to the difficulties and plights within society but to serve the less fortunate.
Focus 2 Assignment – Reflection Upon completing the Focus 2 career assessment program, I am quite impressed at the quality of information it presents. It allowed me to not only look at careers that would fit my personality, but also those that take into consideration the fields I am already interested in. Also, as with any form of self-assessment, there were strengths and weaknesses that I did not expect based on how I feel I live my life currently. Beginning chronologically, the program had me complete two subjective, current measures of my professional career.
Reed, Treasurer. Vanessa is an Accountant with extensive banking experience. She holds a B.A. degree in Business Management-Accounting and currently holds the position of South Texas Community Reinvestment Act Manager for Comerica Bank, Inc., where she has worked for the last 15 years. As Treasurer, Vanessa will be responsible for having charge and custody of all funds of the Corporation, overseeing and supervising the financial business of the Corporation, rendering reports and accountings to the Directors as required by the Board of Directors, and performing all duties incident to the office of Treasurer and such other duties as may be required by law, by the Certificate of Formation, or by these bylaws, or which may be assigned from time to time by the Board of Directors. Vanessa will also be responsible for co-signing for all checking, savings, and investment accounts of the Corporation with the approval of the Board of Directors, designates another member of the Board of Directors or employee of the Corporation as the authorized signatory for particular types of
Underneath the Chief executive, there is 5 different sectors in Macmillan that are run under the Chief executive and the board of trustees. Which they have to keep under control first sector is services
(Diageo, 2017). DIAGEO PLC’s BOARD OF DIRECTORS Roles: The role of the Chairman of the Board is to manage and provide leadership to the Board and ensures that all the Directors are properly informed and adequate information is made available to facilitate appropriate judgements. The CEO of Diageo has a duty of care for the day to day management of the company and putting into effect the resolutions and policies of the Board.
Office Assistant must be able to handle many details and challenging situations at once. They keep an office running while supporting the efforts of an executive, manager, business owner or professional group. People who become very skilled in this field can advance to higher positions, supporting high-ranking officials in government, higher education, nonprofits and private corporations, and they can also move on to other jobs in their organization or industry. There are many ways you can go about pursuing this career.
The audit reports are usually used by shareholders, as they would want to check if the money they have invested is put to good use and also to calculate the amount of dividend they would get if the company were doing well. The management and the board of directors as well would use the information to see how well the company is doing and to know if the firm is free from fraud and is assessed properly. The fourth key committee, which helps the board reach targets, is the remuneration committee, which is headed by Deanna Oppenheimer who is the chair of the remuneration
This data can be used to preparing the accounting statement and reports. (Fontinelle, 2017).Accounting Information System is used for to produce the external stories related to the financial statement, supported through routine activities, Decision Support and Planning and Control, Implementing internal control. Accounting Information roles are classified into External Auditor, Tax Accountant, Consultant and Internal Auditor, Business Analyst, Budget analysts, Financial Analyst, controller and Accounting Clerk. It is discussing the future, and current role of Accounting Information system is analyzing by accountant responsibility and financial
According to Averkamp (2016), “accounting is the recording of financial transactions plus storing, sorting, retrieving, summarizing, and presenting information in various reports and analyses”. Therefore knowing how to carry out these tasks
My interest in Accounting stemmed from my optimistic expectation about career development in this field. Accounting is so important in the business world that only on the basis of accounting information, management is able to make investment decisions, and optimize internal operation. Thus, it is widely applied to every business sector. However, due to a strange combination of circumstances, I was matriculated by Biology and Medical Engineering College, instead of the Economic and Management College, in which I could accumulate the knowledge that would allow me to realize my career ambition. Changing major was not easy to operate in our university.