Preview

Personnel Five-Year Development Plan: How to Be a Qualified Accountant

Better Essays
Open Document
Open Document
1345 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Personnel Five-Year Development Plan: How to Be a Qualified Accountant
Personnel Five-Year Development Plan: How to be a qualified accountant
Xingyi Wu
1591926
Personnel Administration
V3
Dr. Bahareh Assadi
March 07 , 2013

Personnel Five-Year Development Plan: How to be a qualified accountant In the modern society, the developing speed of economy is very fast, which means the world is becoming a business world. As a result of this trend, the role of financial management is getting more and more important. That is why more and more people and companies require accountants with good accounting skills, especially in Canada, in which the tax is so complicated that almost all the peolple need an accountant to take responsbility for their tax.
Career goals and objectives There are many successful accountants in the world. For example: Daryl Ritchie, CEO of Meyers Norris Penny LLP, got his start in 1978 as an articling student at the firm,and because of Ritchie’s hard work in 20 years, Ritchie was promoted to CEO and has since led the firm in leadership and growth. Another good instance is Bill Thomas, who is the CEO and Senior Partner of KPMG Canada, started his career with a bachelor of Science from the University of British Columbia in 1989. Thomas began at KPMG in 1990 in Audit practice. Quickly recognized, Thomas soon after moved up to become Audit Leader. Appointed to CEO in 2009, Thomas is now head of the 4,500 employee company(Kristin, 2011). These people are the final goals and objectives to most of the accountants, so do I. My terminal goals and objectives are to be a qualified accountant. I will work in an accounting firm at the beginning time, and after having lots of experience and many clients, I will set up my own accounting firm, that is the ultimate goal and objective in my career.
The possible opportunities for career growth In the business world, the importance of accounting has been promoted in recent years. To companies, accountants are essential. They are trained in


References: Kristin, Craik. (2011). Canada 's Best Accountants. Retrieved from http://www.businessreviewcanada.ca/money_matters/canadas-best-accountants Nacpaf. (2012). Accountants in the company. Retrieved from http://www.nacpaf.com/role-of-accountatns-in-a-company.html Wikipedia. (2013). Certified General Accountant. Retrieved from http://en.wikipedia.org/wiki/Certified_General_Accountant Mary, Beaven., Matthew, Calderisi., & Panadda Tantral. (1999). Barriers to Learning Experienced by Asian Students in American Accounting Classes. Retrieved from http://www.fdu.edu/newspubs/barriers.html
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    The Job Life of Accountants
    • 435 Words
    • 2 Pages

    The Job Life of Accountants

    Accounting professionals had a hard time during their school days. They have experienced sleepless nights just to study. They also experienced failures and downs. But at the end, they pursued their goals and they became professionals. Accountant is a high-level of career. They have hard tasks every day. An accountant must possess qualitative characteristics that will satisfy the users of financial statements. However, accountants have benefits too.…

    • 435 Words
    • 2 Pages
    Good Essays
    Read More
  • Good Essays

    Why I Chose Business Accounting to Secure My Future
    • 1132 Words
    • 5 Pages

    Why I Chose Business Accounting to Secure My Future

    To be an accountant a person has to possess certain traits to be successful. I strongly believe I have what it takes to be a successful accountant. The more successful I am the more money I can make in the business accounting world. An accountant has to be honest and trustworthy. As an accountant you handle many personal documents and the finances for others. “Professional accountants have the responsibility of overseeing and managing financial records. They may also have access to a corporation's petty cash, investments and bank accounts.” (Smith, 2013). Because of this, an accountant has to be able to develop a trusting relationship with many people and maintain this trust and honesty throughout the length of a relationship. There are several others traits an accountant needs. An account needs to have leadership skills. “Accountants may be required to lead teams, oversee projects and enforce company policies.” (Smith, 2013). Business accountants often have…

    • 1132 Words
    • 5 Pages
    Good Essays
    Read More
  • Good Essays

    Sls1105-12 Week12 Final
    • 675 Words
    • 3 Pages

    Sls1105-12 Week12 Final

    Accounting in general is a very important job within a company and crucial in the business world.…

    • 675 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Assignment 7
    • 1005 Words
    • 5 Pages

    Assignment 7

    Accountants prepare and examine financial records and makes sure taxes are paid properlyand on time.…

    • 1005 Words
    • 5 Pages
    Good Essays
    Read More
  • Better Essays

    Final
    • 2310 Words
    • 10 Pages

    Final

    In any field or practice, skills are either gained or further developed. As an accountant is it important to develop skills like knowledge of basic accounting principles, ability to conduct research, hard work ethic, etc...Rarely is it thought of that accountants are leaders, but leadership skills are also very important for accountants. While I am just beginning my career in the accounting profession, it can already be seen the development of leadership abilities. Eugene Flegm wrote an article identifying four paradoxes for accountants. The first paradox is how to balance the need for those good with technical skills with the need for articulate managers. The second paradox is the auditee paying the auditor causing independence problems. The third paradox is the precision of bookkeeping and the subjectivity of applied accounting theory. The fourth and final paradox is the education of accountants (Flegm). The first paradox deals with the relationship between the two main personalities. The introvert is someone who has the technical skills. An extravert is someone who has the articulate skills. While many accountants have the personalities of an introvert, it seems as if employers are looking for those with extravert personalities. From a leadership perspective, it is important to have the correct technical skills to be able to teach the staff and correct them when errors…

    • 2310 Words
    • 10 Pages
    Better Essays
    Read More
  • Better Essays

    Accounting Exploration
    • 1423 Words
    • 4 Pages

    Accounting Exploration

    To most people being an accountant means sitting in an office crunching numbers all day and having little to no people skills. This could not be further from the truth. I have only recently decided that I would like to pursue a career in accounting after spending two years as a pre-medical student and realizing that I no longer had the desire to spend another ten years in school and residency programs. Accounting grabbed my attention because it does deal with a lot of numbers and for some reason I like that. I have always been very good with numbers and much to my parents’ pleasure very good with money. I enjoy creating budgets and looking at the best uses for money. I also love how accounting tends to build on itself, but always come back to the same basic principles no matter what form of accounting you are using. Growing up and to this day I have always created a budget with my money (whether it be allowance, high school part-time jobs, or financial aid) and I am the person who will literally update it on a daily basis. I also like the idea that the in the accounting field the rules and regulations are ever changing which means a constant need to learn new things. Even though in most ways accounting is a continuation of a previous step, with important information changing constantly it provides the opportunity for career growth and an opportunity to continue learning even after my undergraduate or graduate school career is technically over.…

    • 1423 Words
    • 4 Pages
    Better Essays
    Read More
  • Good Essays

    Types of Accountants
    • 398 Words
    • 2 Pages

    Types of Accountants

    In the career of accounting there is multiple skills that you must have to prepare yourself for this career. The basic overview of this job is how businesses keep control of their incomes and assets over periods of time. Accountants interact in variations of activities besides recording transaction for business and readying financial statements which include computing costs and the efficient gains from new technologies that businesses use. Accountants participate in game plans for consolidations and acquisitions, quality management, creating and using information to track financial change, tax strategy, and management benefits for people with heathcare. (http://www.careers-in-accounting.com/ac.htm)…

    • 398 Words
    • 2 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Current Issues in Accounting
    • 699 Words
    • 3 Pages

    Current Issues in Accounting

    "The great thing about working in the Accounting Department is that everybody counts." (Alternative Accountant.com). Accounting plays important role for correct and satisfied operating of any organization, the development of any business is only possible, if we record all business transactions with correct method and analyze them Like most of company uses accounting to determine the actual position of the company, monitor cash position and so forth.…

    • 699 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Bookkeeping and Accounting Records
    • 689 Words
    • 3 Pages

    Bookkeeping and Accounting Records

    Accountants develop document recordkeeping and accounting systems. They compute taxes owed and prepare tax returns. They also have to maintain and examine records of government agencies. Accountants have several skills that they should experienced with such as, mathematics, active listening, critical thinking, monitoring, judgment and decision making, active learning, reading comprehension, system analysis, and system evaluation. The most education a person needs to be an accountant takes a…

    • 689 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Folio Kerjaya
    • 5359 Words
    • 22 Pages

    Folio Kerjaya

    An accountant is an individual who performs accounting tasks for individuals or companies. The exact material that an accountant handles varies depending on the size of the company and the accountant's specialization, but generally includes financial records, taxes, and responsibility for the issuing of financial reports. An accountant is one of the primary figures in a business that he or she works for, whether it is a multinational corporation or a small family owned business. Requirements to become an accountant vary upon specialization and nation, but generally include certification through a professional agency and a basic college degree in accounting and finance.…

    • 5359 Words
    • 22 Pages
    Good Essays
    Read More
  • Best Essays

    An Evaluative Study on the Effectiveness of Departmental Exams on the Performance of Bsa Students in the Cpa Licensure Examination
    • 4466 Words
    • 18 Pages

    An Evaluative Study on the Effectiveness of Departmental Exams on the Performance of Bsa Students in the Cpa Licensure Examination

    Accountancy is a profession that plays an important role in all societies. As the world moves toward global market economies, and with investments and operations crossing borders to an ever greater extent, professional accountants need a broad global outlook to understand the context in which businesses and other organizations operate (Commission on Higher Education, 2006).…

    • 4466 Words
    • 18 Pages
    Best Essays
    Read More
  • Good Essays

    Marketing Yourself
    • 2350 Words
    • 10 Pages

    Marketing Yourself

    With the baby boomers retiring, there will be many new opportunities for accountants. New companies will enter the market and as they are growing, they will need someone to take care of…

    • 2350 Words
    • 10 Pages
    Good Essays
    Read More
  • Powerful Essays

    Essay- Accounting as a Profession
    • 2131 Words
    • 9 Pages

    Essay- Accounting as a Profession

    There is a lot to gain from a career in accounting. The most important is that people can learn how business works from accounting. Accounting jobs offers stimulating and challenging work that is constantly evolving. Because accountants spend a lot of time looking under the hoods of businesses, they really learn the nuts and bolts of business. An accountant is perfectly positioned to become a Chief Financial Officer (CFO) because he has the best understanding of what drives business and profits in a company.…

    • 2131 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Better Essays

    Accountancy Profession in Bangladesh
    • 9605 Words
    • 39 Pages

    Accountancy Profession in Bangladesh

    ACCOUNTANCY is a critical component of a market economy's infrastructure and economically sound activity would be impossible without it. Accountancy not only provides information on the financial position of operations but is also the foundation of a country's fiscal system playing a vital role in corporate governance. It enforces prudential requirements for banks, insurance companies, securities dealers, and other market participants. As a result, the accounting sector is among the most regulated in the world's advanced economies in terms of its liabilities towards the society.…

    • 9605 Words
    • 39 Pages
    Better Essays
    Read More
  • Better Essays

    Becoming a Cpa
    • 1025 Words
    • 5 Pages

    Becoming a Cpa

    Accounting is the study of how businesses track their income. Identify business goals and activities; describe the role of accounting in making informed decisions, the uses and organization of financial performance over an accounting cycle. Accountants engage in a wide variety of activities besides preparing financial statements. They spend a lot of time learning how to make the business profitable. Therefore, an accountant is perfectly positioned to become a Chief Financial Officer (CFO; the executive who is responsible for financial planning and record keeping for a company) because he or she probably has the understanding of what drives business and profits in a company.…

    • 1025 Words
    • 5 Pages
    Better Essays
    Read More

Related Topics