Accounting System
Why do we have an accounting system?
To collect, document, and report financial transactions affecting a business.
What are important skills for someone interested in becoming an accountant?
Being able to make decisions.
What are sources of education and career choices?
Internet
lifestyle
The way you use your time, energy, and resources
What is manual accounting?
Information is processed by hand.
What are examples of personality traits?
Being responsible
How is most accounting done today?
On the computer.
values
Principles you live by
What is computerized accounting?
Information is entered into a computer.
What kind of things will help you become an accountant?
Financial college, entry-level position, start out in smaller companies, internship programs, know how to write a resume and cover letter, pass CPA Exam.
What is a partnership and a sole proprietorship.
Sole proprietor is only 1 person; partnership involves more than 1 person, called partners.
personality
Set of unique characteristics that make us different from other people.
Do all businesses require accounting of some sort?
Yes
What is networking?
Making connections with people to share information and advice.
What is a career?
Work that is built on a foundation of interest, knowledge, training, and experience
skills
Activities you do well
What is a CPA?
Certified Public Accountant.
What is a public accountant?
Provides clients a variety of accounting services.
What is the correct order of steps you should take if you are interested in a career in accounting?
1. Assess interests and skills 2. Examine values and lifestyle goals 3. Complete personal career profile 4. Research possible careers 5. Select possible career choices 6. Choose a career to pursue 7. Prepare for the education or training needed.
networking
Making connections with people to share information and advice.