Role Of Scope, Composition And Sequence In Self Reflection And Accounting Work

Importance of Understanding a Practical Fit Assignment

Self reflection can be justified as the guiding principle for every human being. One can evaluate his or her views and ideal through self evaluation and Reflection as per requirement. In the field of being a CPA self reflection clearly justifies authoritative position in daily life. Gathering of self reflection concern and understanding the required phrases of self need justify its importance in daily life. The instance of self reflection clearly determine one percent to gain better understanding of the brain weakness that may lead to inappropriate questions are used in operating business work on using a organisation into success. In the field of accountancy test reflection on a reflective practitioner is important and obvious because it has a positive impact over the ethical consideration of any accountant in an organisation.

Importance of understanding a practical fit assignment is obvious for every consideration of accounting work. Minding procedures that are to be implemented in an organisational accounting process relies upon the knowledge of professional accountant. The profession of account in organisation is critical as because it also plays a role of intermediary for communicating every information so financial digit and calculation of risk and losses. Which every States been taken by an accountant in profession is dependent upon communication with the other workers in the organisation. It help in gathering transparent information that lead to word explaining or asserting exact required information over the company or the firm being led by the accountant (Bradbury, Hsiao & Scott, 2018).

With proper communication comes requirement of teamwork and combinations of ideas and coordination among management will directly have positive impact over time management and interpersonal skills development. Since, time management and interpersonal skills are objective that must be fulfilled by accountant in general requirement, these delivers to be milestone for every accounting department within process. The acceptance of interpersonal skills in an organisation would lead to word communicating with every member of the company to decide and deliver ideas and information respectively (Vollmer, 2018). Proper coordination and proper interpersonal skills directly provide advantage over professional knowledge and application of skills in workplace. Now to verify every manual accounting process I would like to use hard copies of paper ledger and journals to record the financial information.

Manual accounting would have proper recording possible through book of original entry virus in computer accounting system data content will be provided an improved within database customised. Amazon important difference that can be observed in Manual accounting and computer accounting are the difference of preparation in trial balance. In Manual accounting the trial balance is prepared whenever necessary and on the other hand in computer accounting instant preparation of trial balance is provided on daily basis.

Identifying Career Pathways Associated with Current Program of Study

My current programs of study insist me to go for the qualification of Chartered Accountant. Being a chartered accountant has always been in the priority list of my aspiration. With the preparation that I am taking in general courses in present time is focused in clarifying and clearing my final exam of Chartered Accountant.

On keeping my views over the current period of time my career aspirations is targeting up on becoming a successful professional chartered accountant to work for organisation where I could use my ethics and professional skills to improvise over their success.

Being in the field of Commerce there is huge opportunity present in front of me if I don’t succeed or qualify for clarifying the finals of Chartered Accountant as I could be going for CMA, CPA or law related job in organisation as corporate secretary.

Being qualified as chartered accountant in an accounting firm I have various positions available for me in an organisation which includes company secretary. Company secretary is another course that must be completed in order to make sure that I get my position open if I don’t get any work in relation with accountant in an accounting firm or an auditor. The objective of Company Secretary is to guide the form into success by keeping in mind all the external relation with other organisation, lawful consideration and objective that are to be verified in order to bring out proceeding related to business dealings (Brierley & Gwilliam, 2017). Other roles include billing department manager, cashier bank manager and business analytics. In consideration of bank manager or department manager I will be managing the organisation from the overview keeping in mind every transaction as well as operations that is being considered by the organisation of the form I am guiding. Billing department profession is simple but hectic work that I may consider if I don’t consider being accountant or Auditor in an accounting firm (Louwers, Ramsay, Sinason, Strawser & Thibodeau, 2015). My prime objective would be to transfer and validate all the salary details to be employees in the organisation keeping in mind every considered terms and conditions that represented by the organisation in relation to payment of the employees. I will be liable to answer a discrepancies raised by the employees in terms of payment miscalculation or variation from actual (Smith & Wong, 2016). Out of all the roles informed about being bank manager or department manager attract me the most as because it has a sense of authority and self proclamation chance that would give exposure to my knowledge and professional skills in future.

Identification of Own Strength and Weakness in Relation to Particular Careers

There are numerous of studies that can be Incorporated and made into general studies stream other than being chartered accountant or other cost professional accountant. I could go forgetting studies related work in bachelor of law which is considered to be LLB, becoming Cost Management Accountant or company secretariat. Considering the recent operating world of finance common law and communication with other business organisation considering the study of company secretary is quite evidential. If I could go aside from the commerce background work-related professional study I could develop my interest in having diploma programme of travel and tourism hotel management Aviation and flight steward or diploma in education. Hotel Management or tourism management is quite a growing professional study in recent period of time that obviously has made enough evaluation in general world creating great number of job opportunities and professional development (Kross, 2017). Going for study of law will enhance my opportunity in gathering knowledge regarding the lawful consideration those organisations must avoid by leading me to become professional lawyer for companies in terms of lawsuits and case study operation. I could also become civil lawyer as well as criminal lawyer apart from doing any accounts work although relating or having a background of Commerce (Prakash, Jain & Chauhan, 2015).

Dedication and efficiency would result in improving the general acknowledgement among the employees of the organisation and also increase the Goodwill regarding the development of work procedures with every way possible. Possible objective must be clarified and I must evaluate every chance to ensure index knowledge about case that occurred in the organisation. From the above objective that has been presented reloading the case study provided above I will surely encourage my team member to ensure the entire objective to be shared with me. However, when it comes to understanding of the importance of gravity of the situation would surely ensure understanding the requirement that is in present observed by the company. If it is important that I see that the situation may go out of and I must speak to my senior authority about the situation and really justify that with accordance to Australian accounting standard board 138 the company would have made a loss of five hundred thousand of trillion dollar. Providing fruit information remains to be one of the ethical considerations followed by me.

In accordance to the code of ethics for professional Accountants I must be clear regarding the aspect that generally verifies the authenticity of information presented by me. Disclosure of fact with proper reasons attached to it and disclosing the fact to the liable person remains in consideration under the code of ethics for professional accountants (Kaptein, 2015). I will abide by the law and the code of ethics. I will make my manager aware of this situation. The action will be in terms of the organisation and not thinking twice about the subsequent act that may follow but only the development, security and success of the firm.

Following of the laws including the code of ethics for the accountant would give me extra chance of amending any discrepancies seen in work place. The following of the information and the descriptive format of rules will also help me in gathering knowledge that can be utilised in procuring success gripping advantageous position for firm, company or organisation.

Conclusion

From the above reflective I can easily verify my knowledge regarding the accounting prospect that has been discussed in the above work. I have made critical evaluation of every ways that may be followed in providing professional accounting help. I have made my reflection enough knowledgeable and verified my communication skills. In the very beginning of the reflective work, I have presented the reason behind preparing the self reflection work and I can easily and clearly consider that my reflection regarding the act of accounts, procedures, rules and regulations, code of ethics and knowledge regarding professional activities are quite evident.

References

Bradbury, M. E., Hsiao, P. C. K., & Scott, T. (2018). The communication of accounting information in summary annual reports Retrieved from https://poseidon01.ssrn.com/delivery.php?ID=398002017094086089119078020025112006024081090052024004069113074026081100004095122023016123121059011102019018098116004084122103114082027065044007114065066031079021011049093112119106083089098069065109087107006006084007067030127099106111075125068103&EXT=pdf

Brierley, J. A., & Gwilliam, D. (2017). Human Resource Management Issues in Accounting and Auditing Firms: A Research Perspective: A Research Perspective. Routledge. London, UK

Kaptein, M. (2015). The effectiveness of ethics programs: The role of scope, composition, and sequence. Journal of Business Ethics, 132(2), 415-431. Retrieved from https://www.researchgate.net/profile/Muel_Kaptein/publication/271738524_The_Effectiveness_of_Ethics_Programs_The_Role_of_Scope_Composition_and_Sequence/links/56f51f2108ae95e8b6d1984d/The-Effectiveness-of-Ethics-Programs-The-Role-of-Scope-Composition-and-Sequence.pdf

Kross, K. (2017). Profession and Purpose: A Resource Guide for MBA Careers in Sustainability. Routledge. London, UK

Louwers, T. J., Ramsay, R. J., Sinason, D. H., Strawser, J. R., & Thibodeau, J. C. (2015). Auditing & assurance services. McGraw-Hill Education. Retrieved from https://app1.hkicpa.org.hk/students(NEW)/e-Newsletter/2009-05/images/FeaturedBooks_May_2009.pdf

Prakash, D., Jain, S., & Chauhan, K. (2015). Entrepreneurial intensity in relation to presence of entrepreneurship development cell: A study of institutes offering professional courses in national capital region Delhi, India. The International Journal of Management Education, 13(1), 95-105. Doi: 10.1016/j.ijme.2015.01.004

Smith, L. C., & Wong, M. A. (Eds.). (2016). Reference and Information Services: An Introduction: An Introduction. ABC-CLIO. Retrieved from https://books.google.co.in/books?hl=en&lr=&id=eE3ZDAAAQBAJ&oi=fnd&pg=PP1&dq=proffesionals+roles+in+organiation&ots=bVsfePuN7K&sig=g_c2Wp4mz-mXl2OxlumL7YPUtP0#v=onepage&q=proffesionals%20roles%20in%20organiation&f=false

Vollmer, H. (2018). Accounting for tacit coordination: The passing of accounts and the broader case for accounting theory. Accounting, Organizations and Society. Doi: 10.1016/j.aos.2018.06.003

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