Accounting in general is a very important job within a company and crucial in the business world.…
The three other reasons accounting knowledge is helpful to a business owner or a person starting his/hers business are knowing where the money is going to be used on. Knowing what your cash flow is and how much you have in bank accounts here in the states or over seas…
Kavanagh, M. H., & Drennan, L. (2008). What skills and attributes does an accounting graduate need? Evidence from student perceptions and employer expectations. Accounting & Finance, 48(2), 279-300. doi: 10.1111/j.1467-629X.2007.00245.x…
I can improve my skills in accounting by gaining a degree within an accounting course at university. Gaining a degree would mean that I would have three years to learn about accounting thoroughly and this would help me to gain the skills in accounting that I need, it would also help me improve my mathematical and numerical skills as accounting already consists of numerical skills so whilst studying the subject, my numerical skills should also improve. Another way that I can upgrade my accounting skills is by taking a professional accounting course, an example of a course that I can take is AAT, this course will give three qualification at the end and will give me the chance to learn practical skills to prepare me for my career choice, It teaches all the accounting skills that I would need to become an accounting consultant.…
The five most important skills a forensic accountant should know are: Accounting, Auditing, Investigative, Evidence gathering, and Problem solving skills.[ The skills needed for Forensic Accounting,] by: Michelle Hickman.…
From the first interview to the job offer and/or promotion the most important would be communication skills.…
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…
To be an accountant you must be patient with your client and able to resolve any problems between you and them. You must have principles of marketing communications. This is being able to communicate in the setting of marketing sales. You must also have education in principles of presentation skills. You must speak loud and clear. Let people know what you want out of them. Let them know you want to make a statement. Clearly, in the path of becoming a sports accountant communication skills are a crucial assessment when it comes to qualify as an…
I think the five most important skills that a forensic accountant needs to posses are to be: (1) analytical, (2) detail-oriented, (3) ethical, (4) responsive, and (5) insightful (Davis, Farrell & Ogilby).…
The top five important and essential skills a forensic accountant would need to be successful in their line of work are knowledge of money, have a clear understand about the different laws and rules and regulations, be familiar with criminal nature, the proper schooling and training, and finally having auditing and organizing skills.…
There are certain skills Accountants need to make their day run smooth; all of these skills aren’t necessarily taught. For example, Accountants need analytical skills to analyze certain discrepancies on a balance sheet or income statements. Most Accountants are detail oriented, and also have the ability to compile a lot of information and then interpret the meaning. Most of the work will be performed on a computer so Accountants need computer and software skills. Obviously, good math skills are another skill that an Accountant will have to utilize daily. Furthermore, Accountants will need excellent communication skills both verbal and written, and one can never forget lots of patience (Richardson, 2009).…
* Time Management: As a sole trader this skill is needed because I will need to allocate specific time to projects and other areas of the business. This would allow me to focus certain amount of time to other assets of my company.…
I have made my decision to become an accountant due to my desire to work with numbers and to manage money in order to help both myself and others. I haven’t experienced much in the field of accounting, but through reading books on accounting and listening to family friends in which are accounts, I would like to learn more and make it my career…
1). Analytical- A forensic accountant needs to possess the analytical skills as they need to analyze an accounting problem or issue to take corrective steps towards resolving it. A forensic accountant can only give solution and be a witness to the financial records if he/she can analyze it correctly. Hence the need to be analytical in a forensic accounting engagement is the initial and the most important overall skill without which other skills will not develop.…
The skill of these positions is a combination of personal strengths, business skills and computer skills. The personal strengths range from professionalism to social skills, from dependability to honesty, from ambition to understanding, and trustworthiness to leadership skills. From the examination of the skills listed it appears that the skill required in most functions listed is public speaking and presentation skills.…