The Importance Of Time Management In Accounting

Brilliant Essays
Register to read the introduction… Accounting is an important part of any business, important communication skills are vital because important financial tasks such as budget preparation, reporting, bill paying, payroll and recording income need to be presented properly to management and others to be useful and meaningful. (Shanker, …show more content…
Companies are often faces with candidates who are eager to find other job opportunities soon after being recruited by the company. The candidates always say this is because they say they cannot adapt to the company or they feel the internal management of the of this company is a mess, and therefore not suitable for their long-term development. However, in most cases, these kinds of “excuses” are not acceptable to recruiting consultants or recruiting companies. The candidate should carry out a basic SWOT analysis about the new job, and get mentally prepared for the potential challenges and risks, and be able to handle contingencies. After starting a new job, an employee should keep a positive attitude, instead of flinching when faced with problems or questioning their own choice. Many people have adaptation problems to a work environment, either mentally or technically. It is important to address these problems and find appropriate solutions. In the period of adapting to a new position, we believe that effective communication is a key point in helping the new employee to resolve issues. If the issues are of a technical nature, the employee can develop by learning or asking their superiors or senior staff for help. In the process of communication, the employee should pay attention to what others have said, grasp the gist of it, and clearly express their own …show more content…
For clients, prospects and websites accounting professionals is more advantageous to possess an informative website and/or a direct email that is answered quickly. Website designers can help assist a good website at a meaningful cost. There are newsletters, which are client-based newsletters; there are services that provide content and articles in a customizable, document that is sent out to a client as a digital newsletter. This is perfect for students who have just started their accounting career and want to stay in contact with clients on a consistent basis. This is showing the client that they love high quality and love to communicate to keep the client up to date with every step. (Tenner,

Related Documents

  • Great Essays

    1.0 Introduction 1.1 Authorisation and purpose This report is authorised by Dr Gregory Nash, Course Coordinator University of the Sunshine Coast, Queensland. The purpose of this report is to fulfil the report writing task for COR 109 Communication and Thought, at the University of the Sunshine Coast, Queensland, Australia. 1.2 Limitations This report is limited to the three interpersonal communication skills of listening, feedback and questioning and does not enlighten any other interpersonal communication skills.…

    • 1094 Words
    • 4 Pages
    Great Essays
  • Improved Essays

    Sarbanes-Oxley Act

    • 833 Words
    • 4 Pages

    Organizations also have to focus on the corporate social responsibility to serve different stakeholders, for example, clients, employees, suppliers, groups, and ecological and human rights advocates, whose interests are attached to the organization's execution. A corporate social responsibility is a business practice that involve the organizations making decisions that concern society benefit. Companies should provide customers with safe and high quality products that are fairly priced and easy to use information system for shopping and tracking orders. Organizations become more nimble, relevant, and responsive to internal and external customers (Walker, 2008, sec.10).…

    • 833 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    Hi Ms. Lynn, The Fall Speaker Event with Thomas Neal explains more about the importance of Accounting in our everyday life. He first mentions Financial Accounting, where he explains importance of planning and analyzing to have a better decision when it comes to handling our own money. The next one is Cost Accounting, where he explains how to determine the cost of a particular product or service which is used in mass production of product or services. In addition, he also discusses Government Accounting, International Accounting, Tax Accounting and Public Accounting, but he put emphasis on education. According to Thomas, without education our hope is minimum.…

    • 145 Words
    • 1 Pages
    Decent Essays
  • Brilliant Essays

    However, getting everyone in an organization to communicate well together can often be a difficult task to achieve. With the ever changing diversity within the workforce, people are often required to work with people who may be different than them and that may carry different views. This is why it is extremely important to build and enforce communication skills in the workplace. When two people have different outlooks, it is very common for the communication between the two to be vague or absent. In order to maintain a strong and balanced organization, all employees regardless of their differences must learn to communicate effectively with one…

    • 3352 Words
    • 14 Pages
    Brilliant Essays
  • Improved Essays

    The ACCT 6120 course helps us learn how the company is governed. The lecture and tutorial introduce and recap a series of accounting, corporate law and auditing theories and practice with a specific case in each class to analyze how the theories apply, which could better help us understand the theories as well as thinking more critically. Before studying this subject, we all think as an accountant, the corporate governance is a little bit far away from us. However, through the content of each week, from the principle conflict to sub-committees and finally CSR, the core of the issue is the accounting information. The accounting information is the incentive to drive the management of company to take some actions, for example, earning management…

    • 939 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Over the future, however, the field of bookkeeping offers more opportunities. Based on the discoveries in my report, I feel a profession in Accounting would be the best fit for…

    • 601 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    Introduction I have chosen an experience to study for my personal application analysis that involves a board position on which I currently serve. The action involved a search process for the organization that I was asked to lead. I failed to fully understand the context and readiness of the employees as I tried to instill a cultural change. The communication methods I used were not sufficient as well.…

    • 1880 Words
    • 8 Pages
    Great Essays
  • Improved Essays

    1. Name of employer 2. Name of employee 3. Salary 4. Duty and Responsibilities 1.…

    • 1423 Words
    • 6 Pages
    Improved Essays
  • Great Essays

    Background questions: Can you give your job title and a brief job description? Currently I am a financial advisor at Cetera Financial Specialists, LLC. I also run my own financial services practice where I aid clients in everything from managing their investments to preparing their tax returns. As of late, most of my time has been spent growing my private practice.…

    • 1972 Words
    • 8 Pages
    Great Essays
  • Superior Essays

    The Inherent Uncertainty

    • 182 Words
    • 1 Pages

    However, the inherent uncertainty and the need for professional judgement emphasises the notion stated by Berkeley in the 17th century, that objectivity is always as much a part of the observer as of the object observed and in that sense accounting will never truly be objective Therefore, neither the subjective nor the objective aspect can exist independently of each other as an area of study and instead their nature of genuine union must be appreciated by those who are involved in the accounting process and those who study and research it However, the inherent uncertainty and the need for professional judgement emphasises the notion stated by Berkeley in the 17th century, that objectivity is always as much a part of the observer as of the…

    • 182 Words
    • 1 Pages
    Superior Essays
  • Improved Essays

    With this accounting equation, it is presented to give you an idea of a double entry accounting. And when a company borrows from the bank, a company 's cash account can increase and its liability account loans payable will increase. If the company pays for advertisement their cash flow will decrease but the account advertisements expenses can increase. Connections between an income statement and Balance sheet Each of the financial statements is on separate sheets for the annual financial report, here is a quick explanation how they working from the top to the bottom.…

    • 1042 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Professional Credentials

    • 1167 Words
    • 5 Pages

    The topics of Communication and Professional Credentials discussed in this unit of ACCT 690 – Professional Accounting Colloquium have given me new insights on the opportunities and challenges faced by accounting professionals. Technology has had a great impact on how people communicate, on both a macro and micro level. Day-to-day exchanges are often typed out instead of talked out. Digital communications, such as emails, texts, or other Short Message Services (SMS), are a series of compartmentalized actions where we lose out on the opportunity of building stronger relationships and gaining a better understanding of people. In doing so, we lose the ability to benefit from the impromptu side of problem solving or learning from the instant face-to-face…

    • 1167 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    a. What is accounting and how does it help you manage your personal finance? b. Describe the three products of accounting and bookkeeping procedures that are most useful in personal financial planning. C. How could personal financial software assist you in your personal financial decisions? Accounting is one of those tools that make complex things like a huge sum and its breaking down through somehow diverse and seemingly unrelated activities look relatively easy to grasp to us as we strive to follow it basics principles before we get to its most difficult parts as people who stepped on the earth centuries before tried to do and as our descendants will testify about us and just as like we are doing right now . Investopedia defines accounting…

    • 1243 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    By one using this type of accounting one is able to determine how to better improve the overall state of the company. It will help improve long and short term goals, monitor progress, follow trends, and assist with the control of decisions. While all of these are important managers need to assure accounting ethics are being followed to accurately determine the success of the company. Financial and managerial accountings are both ways to track data of an organization and they have similarities and differences. The biggest difference between financial and managerial accounting is, financial accounting is to inform outside parties of the company’s economic state, and managerial accounting to provide information to the organization.…

    • 822 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Upon the completion of this course I have come across topics that have interested me and increased my knowledge especially in the financial and accounting aspect. This course has introduced me to understanding the relationship between financial and accounting in making an effective strategic decision. In as much they sound alike they are different and used in different purposes, both accounts are important to the business but are used for different purposes. Financial statements are requirement for any organisation and are published at the end of a financial period for its stakeholder, shareholder and customers to see, they show reports of performance on a historic basis and what has been achieved over the years. At the time the statement is…

    • 1536 Words
    • 7 Pages
    Superior Essays