An analysis of skills and knowledge required to undertake degree studies in accounting and finance and follow a future career path in financial accounting

Topics: Management, Communication, Accountancy Pages: 3 (1225 words) Published: April 17, 2015
An analysis of skills and knowledge required to undertake degree studies in accounting and finance and follow a future career path in financial accounting

This essay will mark out the course of study of accounting and finance and formal assess the knowledge and skills that are needed for a future career path in financial accounting. Students that study accounting and finance often set goals to progress into accounting at a bank or at an accounting firm. So it will be advantageous for the students to understand the skills and knowledge to succeed in this area, as it will be essential to help the students in achieving their set goals. This essay identifies the skills that will be needed, so this essay will focus on accounting and finance and the essential skills needed as well as the ways in which these skills can be developed or improved.

The skills required to be a successful accountant are organisation, time management, adaptability, communication, openness and leadership. (Topan, 2014) Accountants should be experts with organisation; this is the key to succeed in this field. The comfort of the student is valued highly and is important to work within a structured environment. The student’s work can look similar and sometimes look repetitive so there are strict rules and regulations. Good time-management skills are needed to maintain and reach deadlines and complicated projects. Having the ability to organize and prioritize is essential. An Accountant’s work can be repetitive and involve strict rules and regulations so being organised will help reduce confusion with different clients information and results. (Dwilson, 2015)

Time management is very important to succeed in the accounting world, the better the student is with organising management the more efficient they will be, ‘so the more efficiently the student operates their schedule avoiding an excess amount of work.’ (Dominique, 2014)

Effective communication is important and vital in accounting...

Bibliography: Bob Tenner (2014) How to communicate with your clients: technology is your friend, Available at: http://www.accountingweb.com/article/how-communicate-your-clients-make-technology-your-friend/224087 (Accessed: 13th March 2015).
Dominique (2014) Time management for accountants, Available at: http://www.certifiedtaxcoach.org/blog/time-management-for-accountants/ (Accessed: 13th March 2015).
Melissa Xu (2013) Adaptability is of great importance, Available at: http://www.morganmckinley.com.cn/en/article/adaptability-great-importance (Accessed: 13th March 2015).
Neat (2015) Five ways for accountants to get organised, Available at: http://www.neat.com/accountants/5-ways-accountants-get-organized/ (Accessed: 13th March 2015).
Sheila Shanker (2014) Importance of effective communication in accounting, Available at: http://www.smallbusiness.chron.com/importance-effective-communication-accounting-3169.html (Accessed: 13th March 2015).
Stephanie Dube Dwilson (2015) Personal qualities for an accountant, Available at: http://www.everydaylife.globalpost.com/personal-qualities-accountant-4601.html (Accessed: 13th March 2015).
Topan (2014) Six skills you need to succeed in accounting, Available at: http://www.talentegg.ca/incubator/2014/09/08/6-skills-succeed-accounting/ (Accessed: 13th March 2015).
Totaljobs (2015) The secrets of being super organised, Available at: http://www.totaljobs.com/careers-advice/life-at-work/how-to-be-organised (Accessed: 13th March 2015).
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Financial Accounting Essay
  • accounting Essay
  • accounting Essay
  • accounting Essay
  • Accounting Essay
  • accounting and finance Essay
  • Careers In Accounting Essay
  • Financial Accounting Slides Airtel Case Study Essay

Become a StudyMode Member

Sign Up - It's Free