Career Exploration

Topics: Accountant, Accountancy, Certified Public Accountant Pages: 5 (1715 words) Published: May 25, 2008
My ultimate value is my family. My vision for my own self is to live happily with my family in the future. I love to spend my spare time with them. Hanging around with friends and family make me feel well. I love to play on computer. I also love to play with the magical numbers. I like surfing on the internet, exploring new things, reading articles related with health, life, and economic events such as the stock market, financial companies, investment corporations, etc. I think being a citizen of a country, we should somewhat at different aspects of life to better know how well or bad the economy of our country is experiencing. My goal is to become a businessperson. I believe doing business is an important way to improve the economy of a nation. I did a research on two different careers. However, they are sort of having a relation with each other. Both of them are in the business field – accounting and financial analyzing.

Accounting is basically a service activity. Its purpose is to provide quantitative information that principally used by the managers, investors, tax authorities, and other decision makers to make the financial decisions within companies, organizations, and public agencies. Accounting is also widely known as the “language of business.” An accountant measures, communicates, and interprets financial activities. They prepare financial statements or reports for individuals, businesses, government agencies, or other non-profit organizations. They use the accounting systems to categorize the expenses and income to the typical groups. They also keep tract of the money received or paid out to see if the transactions are accurate and complete. Accountants are familiar with the computer operation. They use the computers, accounting software, calculators to prepare the financial statements and carry out the statistical interpretation. 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.

In financial analysis, analysts use the financial data to monitor and evaluate a firm’s financial position, to plan the future financing, and to reallocate the size of the company and its rate of growth. Financial analysis involves examination of the historical data to achieve the information about the current and future the financial health of the company. They may work in the forecasting and profit analysis. They, like the accountants, prepare the reports. They prepare budget report, work in cost and general account. They analyze the changes in production and service to determine the effects on costs. They work on the graphs. They use statistic to compare the standard costs to the actual costs. They also study the significances of alternative ways of investing money in a particular field. They usually work for the large financial institutions. Particularly, they work for the either financial or operational departments of the companies. They work in banks, corporations, insurance companies, government agencies, and stock brokerages. They make recommendations regarding the buying or selling of stocks or bonds. In the large corporations, they evaluate the impact of establishing a new plant on the company’s profit position. Many financial analysts specialize in determining the values of securities, such as bonds and stocks.

Any careers out there in the job market are required some levels and knowledge of high education such as four-year college degree, or even higher in...
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