Skills needed for a career in accounting

  • 131,565 views
Uploaded on

 

More in: Business , Education
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
  • I REALLY REALLY LIKE THIS PAGE BITCHES IT IS FULL OF INFORMATION ABOUT ACCOUNTING
    Are you sure you want to
    Your message goes here
No Downloads

Views

Total Views
131,565
On Slideshare
0
From Embeds
0
Number of Embeds
1

Actions

Shares
Downloads
345
Comments
1
Likes
3

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. SKILLS NEEDED FOR A CAREER IN ACCOUNTING
  • 2. CONTENTS: • Skills needed for accounting. • Overview of the different areas in accounting – Public, Managerial, Government and Internal Auditing
  • 3. SKILLS NEEDED FOR ACCOUNTING http://www.accountingskills.com/images/accounting/accounting_250x251.jpg
  • 4. Analytical Skills • According to Merriam-Websters dictionary Analytical means “relating to or using analysis or logical reasoning to solve a problem.” (merriam-websters, 2009) • Analytical skills  ability to visualize, and solve complicated problems and make a accurate and informed decision. (wikipedia.com, 2009) (http://www.paktecha.com/images/Open-Mind.jpg)
  • 5. Communication Skills • Defined as the skills that allow people to communicate with each other – Can be verbal, written or non verbal – The effectiveness of a persons communication skills also depends on how knowledgeable they are about choosing the best type of communication channel – Communication skills in accounting is the ability to communicate findings about financial statements with subordinates, superiors and colleagues through the use of business writing formats such as letters, memos and reports (http://science.uniserve.edu.au/projects/skills/jantrial/images/communication_ski (Business dictionary, 2009) lls_graded.jpg)
  • 6. Computer Skills • The ability to use basic computer functions such as word processing, spread sheet and database software to produce and record information • In accounting computer skills is important because the use of software programs to produce and record accounting information is increasing (computer skills, 2004) (http://elmo.shore.ctc.edu/callab/images/computer_skills.gif)
  • 7. Leadership Skills • Ability to motivate and lead people to accomplish certain goals and objectives • In accounting its important because a lot of work is done in teams and in order to meet deadlines you have to have the ability to lead the team members into achieving their goals. (Leadership, 2009) http://www.integrolearning.com.au/images/ph%205.jpg
  • 8. Teamwork Skills • People with different abilities and skills work together in groups in order to accomplish a similar goal. • Teamwork is used a lot in the field of accounting in order to complete tasks, evaluate clients, and report/analyze financial statements. ( Teamwork, 2009) (https://www.bbsglobal-diamond-elite.com/images/team-work.gif)
  • 9. Areas of accounting - Public Accounting - Clients corporations, governments, nonprofit organizations, or individuals - Work responsibilities accounting, auditing, tax, and consulting activities - Most are CPA authorized - Employment  their own firms, or public accounting firms - Managerial Accountants - Known as  cost, private or industrial accountants - Work responsibilities  Have to report and analyze the financial records of the organizations they work for. In addition they have to budget, performance evaluation, cost management, and asset management. - Ability to work and be productive in teams is very important.
  • 10. Areas of accounting con’t • Government Accountants and Auditors – Work responsibilities  audit private organizations, analyze the financial records of government agencies, and analyze and audit individual financial records that are accountable to government rules and taxes. – Employers  Federal, State and local government • Internal Auditors – Work responsibilities – ensure the effectiveness an efficiency of internal control processes, monitor for fraud and mismanagement of accounts. – Maintain and review the controls for their computer systems to ensure the accuracy of the information
  • 11. References • Accountants and Auditors. (2007, December 18). United States Department of Labor: Occupational outlook handbook, 2008-09 edition.Retrieved from http://www.bls.gov/oco/ocos001.htm • Analytic. (2009). In Merriam-Webster Online Dictionary. Retrieved May 4, 2009, fromhttp://www.merriam-webster.com/dictionary/analytic • Business definition for: Communication skills. (2009). BNET Business Dictionary. Retrieved from http://dictionary.bnet.com/definition/communication+skills.html • Computer skills. (2004, July 20). University of Washington. Retrieved from http://www.washington.edu/students/ugrad/advising/advcomp.html • Leadership. (2009). About.com: Management . Retrieved fromhttp://management.about.com/od/leadership/Leadership.htm • Team Work. (2009). BBS Global: Diamond Elite . Retrieved fromhttps://www.bbsglobal-diamond- elite.com/products-teamwork.php