Career In Accounting Essay

The theory of accounting has been around for thousands of years. Accounting, also known as the language of business, is an information science used to collect, classify, and manipulate financial data for organizations and individuals, which has changed a lot throughout time. This field was established in 1494 by Luca Pacioli, an Italian mathematician. Throughout all these changes that have occurred since 1494, technology has become a major part in an accountant’s job. The advancement of…

beginning of this journey I thought majoring in accounting would be the perfect major for me. Therefore interning at Multi-Color Corporation, I thought would be the perfect opportunity. Multi-Color is a label company that prints over 10 million labels a day. There are over 45 different plants all around the world and the Scottsburg plant usually produces the most sales. The accounting department basically keeps the company running. Without the accounting department bills would not get paid or…

knowledge is just the fundament of our prospective career in a professional setting. These are hard skills that we gain during academic years; however, there are soft skills that we need to improve them in a professional setting, and there is no way to improve them but being in a real work field. During the internship I recognized that I need to enhance my communication skills. I could handle the conversations but I needed to improve the accounting language used in the conversation, which I…

school, I struggled with the comprehension of the material in my classes. Although, this was a simpler time period in my school career I never excelled in any specific subject until middle school. I have always suffered through Writing and English courses, but began to transcend in math at age eleven. It was at this age where I began to rationally think about my career options in this field. At the time, and even today still, I was intrigued by fashion. Anything from the runways to the textiles…

it was revealed that it’s reported financial condition was sustained substantially by institutionalized, systematic, and creatively planned accounting fraud, known as the "Enron scandal". Enron has since become a popular symbol of wilful corporate fraud and corruption. The Enron scandal was a financial scandal involving Enron Corporation and its accounting firm Arthur Andersen that…

experience changed. I also learned about Phi Theta Kappa and their benefits and became a member in April 2013. The Maverick Leader program, which is similar to being an Ambassador on campus, provided me with the knowledge about what college has to offer; career exploring, tutoring, campus life, involvement, clubs/organizations & sports. This position proved that college life is be more fun and offers more opportunities to be successful. I was also the star of the month, twice. The position was a…

It has been relatively known that a society cannot prosper without the careful consideration of the past when making decisions for the future and Andrew Carnegie strongly believed that. “Because Andrew’s lifetime spanned two worlds, before and after mechanization, his actions continuously manifested an ambivalence rooted in his double exposure to the old world among the cottages, glens, and firths of Scotland and the new world among of smoky factories in America.” (Andrew Carnegie 13) Most of…

Throughout my accounting studies so far, whistleblowers have been praised for their heroic actions that lead to the collapse of a giant corporation. However, the heroic actions and collapse are the seldom times that whistleblower protection laws work. In C. Fred Alford’s book: Whistleblowers: Broken Lives and Organizational Power, Mr. Alford explores the corporation and systems irrational behavior that makes whistleblowers lose faith in humanity and the justice system. Throughout the book, Mr.…

Introduction Enterprise Resource Planning (ERP) systems are widely used by companies around the world. When implemented successfully, it has countless advantages and benefits such as improved productivity, decreased costs, increases efficiencies, and streamlined processes. Although ERP systems offer many advantages, if not implemented correctly, it can cost a company a lot of money as well as years of struggle. An ERP system must fit well with the businesses existing processes and operation. It…

Sherron Watkins blew the whistle on Enron in 2001 by sending a memo to Kenneth Lay, the founder of Enron, giving caution she knew the company was at a great risk of finding themselves in a dilemma. The dilemma would be the product of many financial accounting scandals. Enron is a company that buys and sales energy from different companies and according to Patrick Rogers, was worth $74 billion in 2001, and was developed by Kenneth Lay and Jeffrey Skilling in 1985. Enron would be a successful…