Question

In: Accounting

See the questions below to develop future throughout your undergraduate experience. MY MAJOR - BACHELOR ACCOUNTING....

See the questions below to develop future throughout your undergraduate experience.

MY MAJOR - BACHELOR ACCOUNTING.

  • Are there any minors or certificates that could pair well with this major?
  • What qualities do you feel you possess that will be strengths in this career?
  • What are your challenges to attaining this goal?
  • How can you overcome them?
  • What resources would you recommend to someone wanting to know about going into this career?

250 WORD

Solutions

Expert Solution

Minors or certificates that could pair well with this major?

  • Yes, there are various opportunities to learn and master in Accounting.
  • There are diploma courses in accounting that are granted by some private organizations.
  • Moreover, there are lots of Diploma and Degree courses for learning Computerized Accounting.
  • Accounting of any entity is guided on the basis of various laws of the country in which it operates, so there are various Minors for understanding the Laws.

Qualities to possess that will be strengths in this career?

  • Your fluency in your day-to-day accounts.
  • Your reasoning ability would help you succeed as an Auditor.
  • Ability to understand complex Commercial transactions.
  • Communication Skills

Challenges to attaining this goal?

  • Requires patience.
  • Understanding complex transactions that take place in entities ranging from Proprietary Concerns to Corporate Entities.
  • A basic working and functioning knowledge and nature of almost all the business around you. You will have clients from all types of business. You should be equiped with atlest a basic knowledge of the those industries to consult them.

How to overcome them?

  • Gain industry experience by working under a reputed medium size accounting firm or a CPA/ CFA/ CA/ CS/ CWA.
  • Only with an working experience of 4 - 5 years along with gaining knowledge of various Statues that effect the businesses one can be well equipped to start his career.
  • Take up challenges.

Resources recommended to know about this career?

  • Internet is the biggest source. You can visit websites of various Chamber of Commerce’s and Premium Accounting and Auditing Bodies of the Nations you wish to perceive career in.
  • Business News Periodicals for various opportunities for taking up practical experiences.
  • Just meet some people who are already into this industry.

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