These are the persons who are used to make decisions when there is a merger which is going to take place in any company. This is because these people Are gifted to study the fiscal statements of the two companies and determine if there is a need for merger and if one of the companies is taking advantage of the other or not.
They are also responsible for forecasting to determine the returns that will be experienced by the companies when they merge. It is important to make sure that these people are responsible for the financial and accounting processes. Management accounting is a very busy position in any organization.
This is why many people are able to have the kind of decisions that are deterministic in the process of capital budgeting and the area of analysis of contracts. Control on businesses on the expenses and the cost analysis is done by these people. They usually make sure that they work in close contact with the people responsible for the marketing sector since they assist in a big way when it comes to the making decisions which are good for the welfare of the company.
Taxation is another area which they can take up. This is for persons who would like to become tax accountants. These are the people who work for both companies and individuals. They usually prepare statements which either for a corporation of personal income. It is a boost for the individual who is doing this kind of work to have good knowledge background of the necessary kind of economics which is being used by these people. Accountants are also responsible for advising individuals when it comes to venturing in different kinds of businesses.
This is because they are the people who have the knowhow on the issues that are present and current in the business world.
It is very good to ensure that the people who need services can be given independent and privately. Budgeting and other issues, which are associated with the business are given and offered to the people accordingly. This is very usual for the companies which need a lot of desecrate business especially those that are being faces with of competition. Some individuals have also opted to continue with their studies even after becoming qualified accountants.
This is a person who is approved by the state to finance financial information in the public companies to give accurate results.
These are the individuals qualified to start their own auditing firms if they do not a favouring or well paying job opportunity Felix , Thus the study found it advisable for the accountant graduates to continue to this level for better and higher chances of employment opportunities and also private or self employment enterprises. The study realized various career choices coincide with the accountant career path. Though the rate of accountant graduate seems to increase year after the other, the job opportunities are also increasing since many people are venturing to businesses which requires accountants to deal with the financial analysis.
Each and every sector starting with the individual enterprises, the public, private and nongovernmental organizations cannot be successful without the accountants. These are important personnel since every business is after making profits and thus accounting careers like the auditing department are important to examine whether the business profitable or not.
The private and public sectors also requires accountant staffs that are qualified to analyze their financial status and thus, realizing on the areas that needs improvement. Some students lack the opportunity of joining any of the discussed careers especially because of some issues like corruption and high competition. Nevertheless such students are not supposed to be frustrated but to come up with other activities that utilize their qualifications. A number of graduates who have lacked a position in the public, private, or the non profit organizations have started their own auditing firms.
They run their own business as private auditors and are employed casually by these organizations. Other graduates have set their small microfinance businesses. These are industries which are growing at a high rate.
For the qualified accountants their operations are easy and beneficial. These enterprises have become common in the rural areas and in areas with small scale business. Some of the accountants are joining hands to operate such businesses as partners. This is an individual who is licensed by the state to finance financial information in the public companies to give accurate results.
For people who have advanced in these areas and actually had the best payment package compared to having a degree alone. This is why I would advice many people to make sure that they have taken the issue of taking CPA in an extra way to be able to make more money and have better jobs. Many people who have licences and certifications are able to have the best things in the career paths toward getting the best jobs possible.
Every qualified accountant expects a salary that is higher than for any other undergraduate from a number of business schools. There is also an expectation of initiation into an exclusive professional club of the practicing accountants.
This is a symbolic status that makes one feel to have an important and recognized rank in the society. Unfortunately these expectations are rarely met in the current society.
Quite a number of students have joined the account career. This is making this field to have more than the required participants. In other words the supply is overtaking the demand. With high expectations of having a unique status, what happens when one fails to achieve this goal? One is also interested with the queries like where an accountant career path can lead one to or if there are there other industrial areas related to accountant career that such a graduate could get involved to utilize his knowledge.
For students who are clearing from the universities i would advise that one who is trying to learn about a good accounting career path should have a wide variety of choices especially if he has a degree in accounting.
There are various general areas where one can choose to work in for instance private, public, government linked, or the non profit making organizations. For newer graduates, it is advisable to work with a CPA firm since it gives an opportunity to examine a number of industries and experience of both the audit and write up functions. One may also decide to join a private sector which is more beneficial, nevertheless it is advisable to first investigate on any industry that lies as a choice and go for the one that is fast growing.
This gives an opportunity for expansion of ones career and thus wider rooms for advancement. Where one is inclined in a public service or a career in a government or non profit making organizations, one gets a good chance of exploring in various issues and can easily make changes which are beneficial to a the whole society or even the nation.
All the government offices, in all departments, require accountant personnel that are talented. These offices include the FDIC, IRS, Comptroller of the currency, General services administration, military branches departments, health ministries, environmental ministries, to mention but a few. Any accounting working area, be it in government, public, or private sectors, will always lead to an interesting financial rewarding and beneficial careers.
Though some of these careers overlap they vary in focus and lead to a challenging, professional life. In conclusion I would say that Accounting is a career that moulds accountants; these are persons that are responsible in the provision of data that is mainly required to make an assessment on the future and current economic activities.
Accountants performs various duties, which include planning tax strategy, calculating the computing cost, preparation of financial statements, developing information technology, measuring financial performance, to mention but a few. This suggests that there are various and different accounting career paths which are beneficial in one way or another and can fit different people.
Though some of them overlap, each of them has a specific focus. For successful career people should be able to do the best that they can do to advance this sector. If you wish to have high grades, there must be a schedule that will enable you to work on every stage of your essay writing promptly. Moreover, you need to be aware of the writing and the research capacities just to be able to prevent the missing out the deadline. There are other sources online that also offer better resources for writing an essay about accountancy, so you need to seek thoroughly in every source you must find.
Nonetheless, the internet is very far from being the encyclopedia genius surrounding all the human information, they would have imagined 20 years back. Hence, the old school form of doing a research remains the most reliable, the homegrown library. Usually, a student who is knowledgeable about the ways to write an accounting essay may need more than days to collect all the sustainable materials for a very well written paper work.
Moreover, you need to contemplate in adding at least a day or 2 in your work schedule when you look for materials as indicated, an accounting essay will require you to have the knowledge about the accounting basics and the business sector to whenever you apply the theory you have learned. As soon as you have collected enough amount of resources, you need to organize them in a way that will enhance the writing methods.
You surely want to prevent losing yourself in the materials, particularly if you have a busy deadline to meet.
Highlighting the formula is very essential to keep track of them faster. Learning how to write an accounting related essay suggests having an eye for all the details needed. After you have fixed all of the materials, you can now go on in writing another stage of the essay.
The truth is that, you must be very effective and know how to deal with the topic straight to the point. There is another aspect that must be considered is the use of the FRSs or Financial Reporting Standards, along with the present concepts required by the International Accounting Standards. The overview has a short presentation about the main points of the paper. Body of the essay. A good logical skills are very important for someone who knows how to write a good accounting essay.
The skills are being used to provide a sense of bibliographic materials, thus drawing a capable conclusion from them. Instances and case studies are primarily formulated in this matter, thus helps you increase your credibility.
You have to position our sources in lieu with the referencing style the mentor demands, moreover, you need to use a style according to the standard required like Harvard or MLA. After you have presented all the accounting related information and advises, there must be a well written conclusion, which is the key to get high grades. To be able to know how to write a good accounting essay, you as the student must be able to process all the data needed to deliver a believable conclusion that will justify the research.
The conclusion must be able to highlight all the essential results of the study made.
In this essay, the importance of accrual accounting will be considered by looking at how it functions in the Double Entry System and comparing it to cash accounting, another .
Database of FREE accounting essays - We have thousands of free essays across a wide range of subject areas. Sample accounting essays!
Free Accounting Essay Samples. Our aim is to help you with your essays and our huge library of research material is available for you to use for your assignments. If you do use any part of our free accounting essay samples please remember to reference the work. 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 including computing costs and efficiency gains from new technologies, participating in strategies for mergers and acquisitions, quality management, developing and using information /5(10).
Database of example accounting essays - these essays are the work of our professional essay writers and are free to use to help with your studies. Accounting Short Questions – Essay Example When using the net method of accounting for sales discounts, sales are recorded at the discounted amount. On the date of sale, Hogan should record the sale net of the offered sales discount.