Question

In: Accounting

1) In 120 to 150 words (at least 120 but not more than 150), describe how...

1) In 120 to 150 words (at least 120 but not more than 150), describe how the responsibilities and expectations from Financial Analysts have evolved from 2000 to 2020.

2) In 120 to 150 words (at least 120 but not more than 150), contrast the two occupations (a) Securities, Commodities, and Financial Services Sales Agents and (b) Financial Analysts

3) Tell us which of the (a) Securities, Commodities, and Financial Services Sales Agents, (b) Financial Analysts, and (c) Personal Financial Advisors (as defined by U.S. BLS in 2020) may appeal to you; and why?

Solutions

Expert Solution

  1. Financial analyst is a person who reads the financials of the company and analysis whether the it is vaible to invest in the company or not. The role of analyst have changed from the the 2000,s to 2020 , now they are responsible for tracking a company's financial performance against a plan, analyzing business performance and market conditions to create forecasts, and helping senior management make tactical and strategic decisions by providing periodic reports. The financial analyst need not be the emplyee of the company he can be an outsider who may be interested in the company and may view it as a investment.
  2. Securities, Commodities, and Financial Services Sales Agents are the people who convince the people to invest in any of the security. Their revenue is in the form commission based on the value of seccurity sold whereas Financial Analysts provides his analysis to the client in the form of reports and lets the client take the decision to invest or not . His income is in for the analytical reports provided to the client.
  3. From Securities, Commodities, and Financial Services Sales Agents, Financial Analysts, and Personal Financial Advisors financila anayst appeals to me the most as the provide their analysis to their client and lets the client make their own decision unlike the other two who gives their own opinion to the client where to invest.

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