...Career Comparison for Accountants and Financial Analysts Prepared for Sara Ray Prepared by Career Consultant June 16, 2013 LETTER OF TRANSMITTAL Sara Ray 123 Brookside Dr. Holbrook, NJ 75486-1256 June 21, 2013 Dear Sara, Here is the report you requested on June 1st for a comparison between of a career as an accountant and a financial analyst. Based off our conversation, we took your interests and previous work experience into consideration as we compared specific criteria between these two careers. While working for your previous employer as a junior accountant, you show your ability for detail and organization. An accountant must possess these skills as well as the ability to work independently. I also gathered from our conversation that you are not one to handle a tremendous amount of pressure well. As a financial analyst, this is a skill that is required. You could be faced with many deadlines that could be very stressful. Your education course of study was also included to compare to the education requirements of each career and even though there are many similarities between the two, there are many differences. For example, both careers require good written and oral comprehension but an accountant needs to have excellent mathematic skills and be able to choose the right formula to solve a problem. This skill is not as important as a financial analyst as is the ability to develop solutions to complex problems that need to be solved....
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...A Database Monitoring of Transactions for Billing System of Luna Mystique Worldwide Transport Air Express Incorporated -------------------- A Project Presented to the Faculty of the College of Engineering and Technology Universidad De Manila A.J. Villegas Street Ermita, Manila -------------------- In Partial Fulfillment of the requirements for the Degree Bachelor of Science in Financial Accounting SYSTEM ANALYSIS AND DESIGN -------------------- By Gonzales, Charline S. Mendoza, Mary Joy B. September 2015 Professor Elmerito Pineda Abstract The study aims to detect the possible reasons for the problems encountered in the billing system of the company and to provide a solution for such problems. The study focus on the billing system which is one of the important part of the business because it involves the billing of clients for the services rendered by the company. The existing system in the air freight department was selected to provide and illustrate the processing of transactions before it flows into the billing system. To accomplish the goal of the study, the objectives are set and some techniques and methods are used to come up with accurate and reliable information needed in the study. Thorough analysis are made. The conclusions and recommendations are made. And the result of the study discovered the main reason for those problems encountered in the billing system of the department, or in the company as a whole. Table...
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...INTRODUCTION Authorization Per your request, Career Selection Services has researched and prepared a breakdown analysis of two potential career choices with a recommendation of the more compatible of the two professions. My recommendation is based on a thorough investigation and analysis conducted on careers in accounting and legal administration. Purpose, Scope, and Limitations The evidence I have collected relates to the work environment, duties, salary, education, skills, and advancement opportunities strictly limited to careers in accounting and legal administration and examines the facts and evidence to determine which of the two chosen careers would best suit the individual. Sources and Methods I have examined the data instituted in the Occupational Outlook Handbook provided by the Bureau of Labor Statistics online and have analyzed the information provided online by the AICPA. Report Organization In this report, I will provide insight on the two professions – accounting and legal administration. The report will include a brief rundown based of each of the following criteria: work environment, education requirements, job duties, salary/earnings, and advancement opportunities for each profession. The report will conclude with my recommendation of an accounting career over that of a career in legal administration. ACCOUNTING Work Environment The work environment in accounting is generally that of a professional office setting. It is usually...
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...Chen Li studied the accounting major as an undergraduate student in Central South University from September 2008 to July 2012. During that time, as an exchange student, she went to department of business and administration of Illinois institute of technology for further study. During that time, she chose all kinds of accounting courses, especially in cost accounting and managerial accounting. After completing the bachelor’s degree, she entered Lehigh University and continues to study accounting in program of accounting and information analyses. Chen’s interest mainly focuses on financial accounting and managerial accounting. During the years of study, Chen maintained a major GPA of 3.5 while participate in all kinds of activities. She did a research which mainly researches the influence of independent director’s political connection to a company’s accounting information quality. Except for her research experience, she also had internships to make her understanding of accounting knowledge deeper. Last year, she went to Zhonglei Accounting firm and worked as an audit assistant, during which time she print and proof read annual reports and have a deeper understanding of them, participated in consulting service of internal control system. The year before, she interned in financial department of Sany, during which time she sorted out tons of internal audit report of the company and mastered basic operation of SAP (system applications and products in data processing. These work...
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...Acct:6302.720 Contemporary - Control Systems Journal Critique 2 Dr. Carol Sullivan July 3, 2015 The Accounting Competency Crisis within the U.S. By Max Jackson Tell me something... What do Bear Stearns, Swissair, Health South, World Com/MCI INC. Tyco Ltd, Enron and Arthur Anderson all have in common, they all shared one weakness that has killed all companies alike.... the inability and the lack of quickness to spot bad accounting practices and procedures that were in place that lead to their immediate demise. It is because of this bad oversight and bad practices that Corporate America is railing for new talent, only for the talent not to be at the caliber they wanted. Some within Corporate America blame the current education system for not preparing today's "OVER ENTITLED STUDENT" who feel as though they can rightfully command a 6 figure salary as if they were Moses parting the Red Sea, with regards to doing the job they have been hired to do only to do nothing! In my paper, I not only place blame where it needs to be, at both the foot of the Educational System and Corporate America for not doing their part in order to prepare today's students, but I also state from those what can be done to help today's student over come today’s current job disparities within the field of accounting. Intro: In today’s tough job market, companies all across the United States are in a race as if it were a nuclear arms deal in order to find the top talent within the accounting...
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...1. What are the relevant FACTS - Jason Tybell, who has been employed as a junior accountant by Rodgers & Philips for two years, received high evaluation from his seniors. Jason was complained by one of the clients that he served because he made inappropriate comments in meetings with the client personnel and made a controller furious. Because of the fact, Jason was not asked to work for the clients that he did work on during his first year. It is unsure how this incident affects his future career yet. 2. Frame the Ethical Issue – Is this really all Jason’s fault and he should be blamed for the incident? 3. Identify the Stakeholders and their obligations – Who are ALL the people/entities who will be effected by whatever decision is made? Jason Tybell---has a right to be treated fairly, evaluated by the firm and counseled by his mentor n an honest and open manner. He should serve respectfully. William Jackson---as Jason’s mentor, he should treat him fairly, and advise him how he should act to operate to perform properly. Jason’s senior--- should evaluate the performance prudently. The clients---have a right to expect high quality performance from auditors. Company---should prepare reliable evaluation system and give honest evaluations to every employee. 4. Identify the relevant accounting ethics standards - feel free to about how “due care,” “honesty,” “integrity,” “objectivity and independence” all come into play. Due care in carrying out...
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...International Journal of Business, Humanities and Technology Vol. 1 No.1; July 2011 A COMPARATIVE EMPIRICAL ANALYSIS OF CHARACTERISTICS ASSOCIATED WITH ACCOUNTING INTERNSHIPS James H. Thompson Associate Professor of Accounting Central Washington University 2400 S. 240th Street, Des Moines, WA 98198, USA. Phone: 206-439-3800 x3839 E-mail: jht@cwu.edu Abstract Internships are a popular element used to enhance accounting education. Although previous studies have considered internships, many have addressed enhancement of subsequent academic and professional performance. The purpose of this paper is broader and examines several characteristics of accounting internships: the frequency of participation, eligibility requirements, process for securing internships, level of participation, availability and amount of academic credit, area of assignments, nature of post-internship requirements, and benefits to students. Two random samples, one in 1998 and one in 2003, of 100 accounting programs were analyzed in the study. For each program selected, the survey was mailed to accounting program administrators. Responses were collected by fax. The results of this study should be of interest to accounting students, faculty program administrators, and practitioners. Gaining real-life knowledge of accounting tasks and obtaining insight regarding career planning were the two most important benefits identified. Future research should consider the perceptions of accounting students and practitioners...
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...The impact of ICT on accounting practice in Nigeria CHAPTER ONE Introduction 1.1 Background of the study In the recent past centuries, before the inception of Information and Communications Technology (ICT), the accountants of an organization were using a socially acceptable behavioural method of reporting accounting and economic reports, carried out during accounting year ends, the preparation of accounting records, book such as the profit and loss account, the balance sheet, cash book, cash flow statement, income and expenditure accounts. The application of Information and Communication Technology (ICT), on accounting practice in Nigeria has become a subject of fundamental importance and concerns to all business enterprise and indeed a prerequisite for local and international competitiveness. It is obvious that the way accountants plan and take decision on what and how to provide their service in the accounting profession has been affected immensely by Information and Communication Technology (ICT). This has continued to change the manner in which accounting practice and their corporate relationships are organized worldwide and the variety of innovative device available to improve and facilitate the speed and quality service delivery. It is obvious that the biggest impact of Information and Communication Technology (ICT) has been made on accounting; and it is the ability of companies to develop and use computerized system to...
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...(SOX), a new era of stakeholder expectations was crystallized for the business world and particularly for the professional accountants that serve in it. The drift away from the professional accountant’s role as a fiduciary to that of a businessperson was called into question and reversed. The principles that the new expectations spawned and renewed resulted in changes in how the professional accountants are to behave, what services are to be offered, and what performance standards are to be met. These standards have been embedded in a new governance structure and in guidance mechanisms, which have domestic and international components. The influence of the International Accounting Standards Board (IASB) and the International Federation of Accountants (IFAC) will be as important as that of SOX in the long run. This chapter examines each of these developments and provides insights into important areas of current and future practice. Building upon the understanding of the new stakeholder accountability framework facing clients and employers developed in earlier chapters, this chapter explores public expectations for the role of the professional accountant and the principles that should be observed in discharging that role. This leads to consideration of the implications for services to be offered, and of the key “value added” or competitive edge that accountants should focus their attention on to maintain their reputation and vitality. Sources of ethical governance and guidance are...
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...find myself enjoying the time I spend working with numbers and math puzzles. More importantly, Accounting, as for me, is a language – language of business world that keeps challenge and fascinate me as I learn more about it. Currently, I am in my junior year in college. One of my long-term goals is to earn my MBA degree in Accounting with a CPA certificate. After getting my master’s degree, I feel there will be many opportunities to fulfill my dream of getting sponsorship to work for one of Big Four Accounting Firms. Right now, I am looking for an accounting internship and that is also my short-term goal. Having experience is a necessity to apply for any position, especially within the field of accounting. To the best of my knowledge, there are certain skill sets, traits and personal characteristics that every accountant should have. For instance, detail-oriented analytical skills are a must. Mathematics capacity and the capability to be computer savvy, especially with spreadsheet applications are important as well. In manners regarding personal character, integrity and honesty, time management and organization are important. Therefore, securing an internship will expose me to the real business world where I will experience the accountant tasks as well as the pressure and workload in the working environment of the field. Moreover, this internship will also give me chances to explore myself regarding to what technical skills I need to learn and improve...
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...The world of Kpop In a world where music dominates and influences everything we do, there is a new type of music that is quickly progressing in popularity, not only nationally but globally as well. Kpop is Korean pop music, although it is not only pop music, it is also trot, hip hop and R&B and Rap. It is a competitive field that requires hard work and determination. Kpop is not only music though; it is a guide that can help give a person more insight about the world around them. It is a hard thing to be an idol in Korea, there are so many values and difficulties they must overcome in order to achieve recognition and fame. If someone were to want to be an idol in South Korea then their best bet would be to go to “The Big Three”. YG Entertainment, JYP Entertainment, and SM Entertainment, These three companies are named “The Big Three” because they are three of the most highly distinguished and accomplished companies in all of South Korea. “The Big Three” have led many idols to fame in not only South Korea but globally as well. In comparison to Canada or the US you could call South Korean’s harsh with the way they train upcoming artists, but they have higher standards. The training process consists of around three year’s minimum of being a trainee and there are many hardships that must be overcome through that process. The trainee years are what determine whether or not a person can make it in the competitive field of being a Korean pop idol. Have you ever looked around and...
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...PERCEPTIONS OF RURAL COMMUNITY COLLEGE STUDENTS OF THE TRANSFER PROCESS TO A FOUR-YEAR INSTITUTION: AN EXPLORATORY STUDY by ELIZABETH E. SACKSTEDER LACLAIR A DISSERTATION Submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy in the College of Education in the Graduate School of The University of Alabama TUSCALOOSA, ALABAMA 2010 Copyright Elizabeth E. Sacksteder LaClair 2010 ALL RIGHTS RESERVED ABSTRACT Utilizing the current literature base on rural community colleges, transfer student adjustment, academic advising and articulation issues, the purpose of this research study was to ascertain the adjustment issues and experiences of rural community college students who have the intent to transfer to a four-year baccalaureate degree granting institution. The perceptions these rural community college students have regarding the transfer process are the focus of the study. Students from ten rural community colleges, who participated in the Alabama College Transfer Advising Corps, a project of The University of Alabama and funded by the Jack Kent Cooke Foundation were used in the study. The survey instrument used in this study is a variation of Laanan Transfer Student Questionnaire (L-TSQ). Survey questions were reframed such that those regarding university experiences and the students’ potential transfer to a four-year college/university were treated as reflections on the meditational transition, or transition that has not...
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...personal narrative You act white tell a personal narrative of multi-racial girl. The girl has more problems with her skin color because she is too shy to make friends. Three black girls deride her and cause some problems. She is only 8th grade's student and a small kid. These three girls give pressure that a kid can not easy to withstand. Their threaten and actions to her makes her so upset. What those girls has done to her makes her suffering a lot. When I read this article, my childhood also has some dark memories that I did not want it happened to me again. When I was 12 years old, this was the time to go to junior school in China. The Chinese education system force students to very hard and compete with each other. Students needs to study sine 6am till 10pm everyday to study all kinds of subjects. And most of parents want their children to go to top schooling their city in order to have a promising future. With a huge amount of students but limited best schools, not all the students can make their "best school" dreams come true. So the entrance exam is the only way to pick students who want to go to the best school. Fortunately, I was 1000 of 10000 students who passed the exam. However if i had a chance to chose again, i would rather not pass that exam. What I had experienced made me feel so upset and lonely. The Foreign Languages School, one of the best schools in my hometown, was a boarding school. Students only had 4 days off to home per month. I lived with my grandparents...
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...Sewol" (This Tumultuous Time) by Park Chae-seon and Lee Ryu-saek from 1925 and contained popular songs translated from Japanese. The first pop song written by a Korean composer is thought to be "Nakhwayusu" (낙화유수, Fallen Blossoms on Running Water) sung by Lee Jeong-suk in 1929.[41] In the mid-1920s, Japanese composer Masao Koga mixed traditional Korean music with Gospel music that American Evangelists introduced in the 1870s. This type of music became known as Enka in Japan, and later in Korea as Trot (Korean: "트로트").[42][43] These songs became extremely popular.[41][third-party source needed] Later, in the 21st century K-pop singers rediscovered the genre of trot, for example singers like Daesung from Big Bang and several members of Super Junior produced trot...
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...The impact of ICT on accounting practice in Nigeria CHAPTER ONE Introduction 1.1 Background of the study In the recent past centuries, before the inception of Information and Communications Technology (ICT), the accountants of an organization were using a socially acceptable behavioural method of reporting accounting and economic reports, carried out during accounting year ends, the preparation of accounting records, book such as the profit and loss account, the balance sheet, cash book, cash flow statement, income and expenditure accounts. The application of Information and Communication Technology (ICT), on accounting practice in Nigeria has become a subject of fundamental importance and concerns to all business enterprise and indeed a prerequisite for local and international competitiveness. It is obvious that the way accountants plan and take decision on what and how to provide their service in the accounting profession has been affected immensely by Information and Communication Technology (ICT). This has continued to change the manner in which accounting practice and their corporate relationships are organized worldwide and the variety of innovative device available to improve and facilitate the speed and quality service delivery. It is obvious that the biggest impact of Information and Communication Technology (ICT) has been made on accounting; and it is the ability of companies to develop and use computerized system to...
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