Assignment 1 Acc 100 Careers in Accounting

Learning Objective: 04-03 Present an income statement with earnings per share, statement of stockholders equity, balance sheet, and statement of cash flows.

b. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required page length.

Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required page length.

* Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required page length.

b. Describe at least two tasks a person with this career might perform. (1-2 sentences. 1.0 points)

•Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

Most universities in the world use a style manual to establish the rules that should be applied for writing documents or publishing research studies on different disciplines. The purpose of these style manuals is to ensure consistency standardizing the writing style, and additionally, to make easier the task of locating references, citations, and bibliographies, for the reader. Some of the most used style manuals for academic papers are MLA, Chicago, Harvard, Turabian and APA. APA style is a widely used standard, developed by social and behavioral scientist from American Psychologist Association to standardize scientific writing.

Most college courses in accounting focus on teaching the various components of the accounting system. While this is an effective way to learn and master each of the various components, it usually leaves students with only a vague notion of how those components work together. My goal is to bridge that gap using the Review Project and this Terry Project.

One of the major careers being practiced today is accountancy. Thousands of people are completing their degrees in accounting because there seems to be a bright future for accountants with the appropriate qualifications. Accountants, in their career, help ensure that the organizations are running more efficiently, public records are kept more accurately, and taxes are paid properly and on time. They perform important functions by offering a wide volume of business and accounting services to their clients. Accounting career paths vary and this is why many times one has to consider the path that they want to take. After graduating, with an accounting degree, most people do not have a specific idea of what sector to

Qualifications: there are a number of qualifications you need to undertake the career of an accountant. Core knowledge areas needed are accounting systems and processes, financial accounting, and management accounting these are essential for a career in accounting. Other areas of knowledge are optional so you don’t have to do them but they would help you pursue your career in accounting. Things such as commercial law, corporation’s law, accounting information systems and more. The career of accounting is available through a bachelor of commerce. Different types of accountants have to attend different subjects because they need some subjects

1.2 Explain the various business purposes for which the following financial information is required • Income statement ( profit and loss account) • Forecast of cash flow (cashflow statement) • Statement of financial position (balance sheet) (NB explain the statements relevant to your organisation) 1.3 Give an overview of the organisation’s business and its critical external relationships with stakeholders 1.4 Explain how the accounting systems are affected by the organisational structure, systems, procedures, and business transactions. 1.5 Explain the effect on users of changes to accounting systems caused by • External regulations • Organisational policies and procedures

General Purpose: To inform careers opportunities for student earning a degree in Accounting. Specific Purpose: As a result of this presentation, my audience will know the different job opportunities opened to accountants may be summarized into three major areas: public accounting, private accounting, and government and not-for profit accounting. I. Introduction A. Professional greeting: My name is Dalliana Carrion

This paper is about accounting, describing how accounting has changed over the last ten years. How much the salaries have changed as well. An accountance gets paid more now then before; it is also one of those jobs now that more people are going for. The accounting professional that’s adding value today is a business partner with all the other stakeholders in that company. Today people take their taxes to an accountant instead of doing their papers. That’s how the demand

A career in public accountant/internal auditing involves communicating, summarizing, classifying, interpreting and presenting financial positions about an enterprise to the management, auditors, owners or shareholders of a company. Having a strong accounting foundation is an important factor when it comes to running a successful business. In every business there is need for a bookkeeper, accountant or a chief finance officer. There is a projected 16% increase in job positions by 2016 exemplifying the bright future of accounting according to the United States Bureau of Labor Statistics website (U.S Department of Labor, 2014.) The role of the accountant has changed from traditional accounting to that of a strategic planner and a business partner in the changing business environment. And in regards to Kalleberg’s standards of “good” job criteria, a career in accounting measures up to the ideals of a worthy job to obtain.