Accountancy

Numbers have been my passion since I was a little girl. I remember how exciting was for me to solve math quizzes, it was like a game for me, a game that I certainly enjoyed. While growing, I could not decide which profession to choose. I knew that I wanted to do math, but there are so many professions that involve math that I was not certain on the path I wanted to follow. Finally, I decided to become an engineer, but that was not my final call. During the fourth year of my engineering career, I…

SUMMARY Originally founded in 1983 as LDDS Communications, today, MCI, Inc. is known as the American telecommunications company that was originally formed as a result of the merger of WorldCom. Currently, MCI, Inc. is headquartered in Ashburn, Virginia but originally WorldCom was headquartered in Clinton, Mississippi (Reardon, 2006). WorldCom’s growing success through acquisitions of other telecommunications firms led it to become the second largest long distance telecommunications company in…

This paper suggests that financial accounting thought is undergoing a revolution. As many scientific theories both describe and prescribe phenomena, so many accounting theories describe and prescribe financial phenomena. New ideas have been proposed and debated and new school of thoughts have been emerged. The priori research has been criticized in 1960 and regarded as having doubtful value. But it has been argued in the paper that priori research has helped in overthrowing existing ideas. If an…

1. Find a job you could obtain with the degree that I am pursuing by clicking on the links in the Career Overview website. Follow the links until you find the median salary. I found an Accounting and Auditor Salary job the median annual salary in a job like this is $54,600.00 (Web, Oct. 9th, 2015). 2. Break down salary to a monthly income. Approximately ¼ of my income will be deducted for various taxes. Calculate your monthly income after taxes. Include this information in your summary in…

Do you want to be an accountant but aren’t sure if it’s the right choice for you? Research shows that seven out of ten accountants are very happy with their career choice. “"It 's an exciting time to be an accountant," said Bill Driscoll, a district president of Accountemps.” (“Accounting Tomorrow”) A summary of accounting includes a description of accounting different jobs, the education needed, the income expected and the chances of employment after college. An accountant can be a very…

On July 2015, Oskar Groening was sentenced to four years imprisonment with 300,000 counts of accessory to murder. In Auschwitz, he was responsible for handling the money and personal items that the Jewish “prisoners” had arrived with. Nazi accountants were essential in increasing the profitability of concentration camps. They are responsible for keeping the Nazi movement alive for as long as it did. The Nazi accountants are referred to as “desk-killers” even though they were not precisely…

I got a good internship opportunity to work at LG Accounts Ltd (LG) as a Accounting Assistant to finish my IBL course in this semester. This is a good opportunity I have gained practical experience and applied theoretical accounting skill of accounting work. My internship project is tax implications of buying and selling residential property in New Zealand. By the end of internship, I am very pleasure to receive a permanent position of Accounting Assistant at LG. I need to thank both to the…

Producer Consciousness is an idea that is very beneficial in making decisions that affect the outcome of one’s life. When initially choosing my major I had no idea what Producer Consciousness was, so this analysis was not taken into consideration. However, with that being said, looking back ultimately I made decisions consistent with Producer Consciousness. As bad as it may sound, perhaps the biggest driving factor when choosing my major was compensation. I felt like regardless of what I was…

My career goal is to work as an accountant for a Big Four company. The job market is expected to grow by 11% over the next 10 years. This means that there will be many job opportunities for accountants, so the competition will not be too bad. However, for larger firms, there will be a lot of competition though because everyone wants those jobs. The economy will also have a major effect on accounting jobs. If the economy continues to grow, there will be more accountants needed in order to go over…

Many people say it is hard to become an accounting, in reality it’s just hard work and dedication. The accounting industry is one of the largest popular working industries in the working field in our society today. Many individuals come an accountant for the money, not knowing all the hard work that has to be done. One need to know what it is that’s driving them to become an accountant. An accountant must know the business they must research what can help the business. For those who are not…