Advice for a Successful Career in the Accounting Profession

Advice for a Successful Career in the Accounting Profession
Author: Jerry Maginnis
Publisher: John Wiley & Sons
Total Pages: 182
Release: 2021-10-12
Genre: Business & Economics
ISBN: 1119855284

Practical guidance to optimize the benefits of your accounting degree—no matter what stage of your career! Originally conceived and designed to provide helpful advice to college and university accounting majors and early-career professionals, this book evolved into a valuable resource for those groups as well as others who may be further along in their accounting careers. It contains many practical examples and real-life experiences from a long and successful career in the profession that you won't find in any accounting, auditing, or tax textbook. And it is written in a fun and engaging style with a simple goal in mind: to share lessons learned and insights that will help accountants of all ages optimize their career opportunities! Jerry Maginnis, CPA, the former Office Managing Partner for the Philadelphia office of KPMG, one of the "Big Four" Accounting Firms, currently serves as the "Accounting Executive in Residence" at Rowan University in Southern New Jersey. In this role, he has counseled and mentored dozens of students and early career professionals. The book leverages Jerry's real-world experience and his advice and counsel is delivered in a fashion that will make you feel like you are having a one on one conversation with him! Readers will also enjoy: Advice delivered concisely: each chapter is succinct and provides essential takeaways and action plans for all points in a career A guidebook that is efficiently organized into three sections—for college and university students, for early-career professionals, for accountants of all ages and experience levels—allowing the reader to focus on the sections that are most applicable to them An excellent refresher or reminder of concepts or principles that are important to even the most successful and experienced accountants Loaded with "real world" tips and techniques, Advice for a Successful Career in the Accounting Profession is an ideal resource for accountants and auditors, tax and advisory professionals, and University professors and high school instructors teaching Accounting, undeclared business majors, underrepresented populations, and students aspiring to become CPAs.

A Career in Accountancy

A Career in Accountancy
Author: Garth Pedler
Publisher: Troubador Publishing Ltd
Total Pages: 160
Release: 2018-07-19
Genre: Business & Economics
ISBN: 1788032861

The highs and lows of working as a Chartered Accountant in London and Devon. Garth Pedler realized he had a penchant for figures when, having been given a Bradshaw Railway Timetable in 1957, he found he enjoyed recasting railway branch line timetables to make them more efficient. Despite having a huge interest in the railways, he came to the conclusion that a career in railway management was not for him. Instead in 1964 he joined a firm of chartered accountants in the City of London. This book describes the still Dickensian setup he found there as well as some of the amusing incidents and clients he encountered at the firm. After one job move Garth joined Touche Ross & Co. While here he saw the first introduction of electronic calculators which removed the need to do most of the calculations in one’s head. After qualifying as a chartered accountant himself he started his own firm specializing in music clients. In 1980 Garth left London to take his firm to Devon where he worked from home until his eventual retirement. His business continued to prosper and reached a peak in 1984 when he took on 104 new clients, mainly through personal recommendation. He also developed an encyclopedic knowledge of tax law which lead to several amusing encounters with various tax inspectors. The book gives an enlightening view of a career largely spent in the pre-computerized age, and when interesting characters could still be found in the business world.

Career as an Accountant

Career as an Accountant
Author: Institute for Career Research
Publisher: Createspace Independent Publishing Platform
Total Pages: 0
Release: 2014-06
Genre: Accountants
ISBN: 9781500176815

Accounting is one of the most in-demand careers today, with more new jobs opening up every day. The opportunities available to accountants, auditors and similar professionals in the field are expected to continue expanding as international business increases and more government regulations take effect. Accounting is rated among the top five careers by such publications as Forbes and CNN/Money, with new graduates earning an average of $55,000 in their first year on the job. Accountants work with businesses, governments and other organizations to analyze and manage their finances. Accountants use spreadsheets and other computer applications to record, communicate and interpret financial results. They track transactions, recommend cost-cutting measures, and ensure that taxes are paid promptly and correctly. Accountants also help individuals and families file their taxes and manage their personal finances. Opportunities for accountants can be found in cities of all sizes across the country. Some accountants are employed directly by businesses, government agencies, not-for-profits, colleges and similar organizations. Others work for public accounting firms that are retained by organizations to provide financial services. Accountants may also be self-employed, such as those who specialize in providing tax services for families. A four-year degree from an accredited college or university is typically the minimum requirement to land your first job as an accountant. A graduate degree can be helpful, particularly for management positions or highly technical financial analysis work. Many accountants obtain professional licenses, most notable the Certified Public Accountant (CPA). State licensing requirements vary, but CPAs generally must obtain additional college credit hours, have experience working in the field, and pass a rigorous examination. Employment experts predict that the number of accounting and auditing jobs will grow by over 15 percent within the coming decade, as economic expansion drives the need for financial expertise. Accountants and auditors are paid on average $65,000 a year, a significant increase from just $60,000 only a few years ago, and earnings are expected to continue to track upward.

Essentials of Accounts Payable

Essentials of Accounts Payable
Author: Mary S. Schaeffer
Publisher: John Wiley & Sons
Total Pages: 288
Release: 2002-10-15
Genre: Business & Economics
ISBN: 0471272809

ESSENTIALS OF ACCOUNTS PAYABLE Full of valuable tips, techniques, illustrative real-worldexamples, exhibits, and best practices, this handy and concisepaperback will help you stay up to date on the newest thinking,strategies, developments, and technologies in accountspayable. "A real-world approach, with great insights and practical wisdom onall aspects of the accounts payable process. Essentials of AccountsPayable provides accounts payable professionals with a frameworkfor action in a rapidly changing environment." -Tom Nichols, Division Manager, Accounts Payable Operations,AT&T "Mary Schaeffer has combined her considerable knowledge of theaccounts payable process with the learning and benchmark statisticsfrom top companies to produce a world-class guide to the APprocess. Without Mary Schaeffer, and IOMA, AP would still be aneglected financial process without any formal reading to explainthe complexities of a process that most companies think is simplypaying the bills. This book is a must-read for anyone working in,directing, or managing AP operations, both seasoned professionalsand those new to the process." -Linda Sawyer Sisko, Programs Manager, Cisco Systems, Inc. "This book does an excellent job of explaining the oftencomplicated basics of the accounts payable functions. It provides aquick snapshot for busy executives who need to know how an accountspayable department should run. It is an excellent update for thoseexecutives who need to keep up to date on numerous issues thataffect this rapidly evolving profession." -Adrienne Glasgow, Chief Financial Officer, American Red Cross inGreater New York The Wiley Essentials Series-because the business world is alwayschanging...and so should you.

Principles of Accounting Volume 1 - Financial Accounting

Principles of Accounting Volume 1 - Financial Accounting
Author: Mitchell Franklin
Publisher:
Total Pages: 1056
Release: 2019-04-11
Genre:
ISBN: 9781680922912

The text and images in this book are in grayscale. A hardback color version is available. Search for ISBN 9781680922929. Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today's college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the "why" as well as the "how" aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.

A White-Collar Profession

A White-Collar Profession
Author: Theresa A. Hammond
Publisher: Univ of North Carolina Press
Total Pages: 230
Release: 2003-01-14
Genre: Social Science
ISBN: 0807874949

Among the major professions, certified public accountancy has the most severe underrepresentation of African Americans: less than 1 percent of CPAs are black. Theresa Hammond explores the history behind this statistic and chronicles the courage and determination of African Americans who sought to enter the field. In the process, she expands our understanding of the links between race, education, and economics. Drawing on interviews with pioneering black CPAs, among other sources, Hammond sets the stories of black CPAs against the backdrop of the rise of accountancy as a profession, the particular challenges that African Americans trying to enter the field faced, and the strategies that enabled some blacks to become CPAs. Prior to the 1960s, few white-owned accounting firms employed African Americans. Only through nationwide networks established by the first black CPAs did more African Americans gain the requisite professional experience. The civil rights era saw some progress in integrating the field, and black colleges responded by expanding their programs in business and accounting. In the 1980s, however, the backlash against affirmative action heralded the decline of African American participation in accountancy and paved the way for the astonishing lack of diversity that characterizes the field today.

You Can Be a Successful Chartered Accountant

You Can Be a Successful Chartered Accountant
Author: Ajinkya Potdar
Publisher: Notion Press
Total Pages: 125
Release: 2017-09-27
Genre: Fiction
ISBN: 1947851489

“The Book offers invaluable lessons to the young and growing tribe of aspiring Chartered Accountants; It traverses despair, broken confidence to instant change in emotions and confidence, and ultimately an achievement and motivation, which makes failure at examinations a non-event.” - CA Shailesh Haribhakti “Ajinkya has done a wonderful job of addressing key doubts in the minds of aspiring Chartered Accountants through the example of a fictitious story of CA Krishna Kumar. The unique tale of a firm which only hires CAs who have taken multiple attempts to clear their exams is very thought provoking. I have enjoyed and found myself inspired after reading the book, and would definitely recommend any CA student to thoroughly go through this book” - CA T.P. Ostwal Is it necessary to clear the CA examinations in the first attempt and possibly also secure a rank to make a name as a reputed and in-demand chartered accountant? Is it necessary to complete Articleship only from a large and reputed firm to succeed in charted accountancy as a career? You Can Be a Successful Charted Accountant addresses, through the example of Mr. Krishna Kumar, such common questions and doubts that concern any aspiring Chartered Accountant to encourage, motivate and celebrate his decision of becoming a Chartered Accountant!

When I Grow Up I Want to Be... an Accountant

When I Grow Up I Want to Be... an Accountant
Author: Adrian Mayse
Publisher:
Total Pages: 42
Release: 2021-02
Genre:
ISBN:

This book is written for the future accountants. The author hopes that students at an early age hear about accounting and can see themselves.

Double Entry: How the Merchants of Venice Created Modern Finance

Double Entry: How the Merchants of Venice Created Modern Finance
Author: Jane Gleeson-White
Publisher: W. W. Norton & Company
Total Pages: 226
Release: 2012-10-01
Genre: Business & Economics
ISBN: 0393089681

“Lively history. . . . Show[s] double entry’s role in the creation of the accounting profession, and even of capitalism itself.”—The New Yorker Filled with colorful characters and history, Double Entry takes us from the ancient origins of accounting in Mesopotamia to the frontiers of modern finance. At the heart of the story is double-entry bookkeeping: the first system that allowed merchants to actually measure the worth of their businesses. Luca Pacioli—monk, mathematician, alchemist, and friend of Leonardo da Vinci—incorporated Arabic mathematics to formulate a system that could work across all trades and nations. As Jane Gleeson-White reveals, double-entry accounting was nothing short of revolutionary: it fueled the Renaissance, enabled capitalism to flourish, and created the global economy. John Maynard Keynes would use it to calculate GDP, the measure of a nation’s wealth. Yet double-entry accounting has had its failures. With the costs of sudden corporate collapses such as Enron and Lehman Brothers, and its disregard of environmental and human costs, the time may have come to re-create it for the future.

Careers in Accountancy

Careers in Accountancy
Author: Felicity Taylor
Publisher: Kogan Page Publishers
Total Pages: 84
Release: 1999
Genre: Business & Economics
ISBN: 9780749430481

Accountancy offers a wide range of opportunities for work that can be interesting, varied and useful but the variety of routes to qualification can be confusing for anyone considering a career in this popular profession. Reflecting recent changes, this new edition is the ideal starting point for anyone planning a successful career in accountancy. Illustrated with real-life case studies, the book gives advice on the best entry routes into the profession and clearly explains the various routes to qualification. With tips for getting into this highly competitive field, useful addresses and advice on progressing within an accounting career, the book also provides glimpses of how the profession is likely to change in the future. CONTENTS The profession of accountant; What kind of accountant?; How to get a job; Salaries and prospects; The routes to accountancy qualifications; Educational courses that can help you to qualify; What and where to study; Entrance requirements; How to apply for courses and training; Grants and loans; Useful addresses.