Anyone thinking about entering the accounting profession should first consider the responsibilities and ethic standards demanded in this ever-growing field of business.
Many people enter the accounting profession for a variety of reasons. Some are attracted to the income a typical Certified Public Accountant (CPA) brings home. Others simply want to get paid to sit at a desk and crunch numbers all day. At any rate, few prospects think of the social responsibilities and moral philosophies that come with the territory of becoming an accountant. .
Communication is an aspect of accounting that any person entering the business field should think about. Effectively communicating with clients, co-workers, and supervisors is imperative in today's world. Each and every accountant must be able to listen to gain information and understand opposing points of view.
The requirements to enter the accounting profession have been drastically increased the past few years to instill a sense of sound ethical behavior in all new accountants entering the profession. .
Upholding ethical standards has become crucial in order to succeed in the profession. The recent turmoil with Enron, World Com, and Tyco have opened the eyes of many business owners and managers, as well as the general public. Each of these scenarios involved an accountant's failure to use good judgment and sound ethical behavior. These tragedies have put a black mark on the image of the entire profession of accounting.
Introduction.
Society has viewed accountants as honest and trustworthy people in the past. However, in light of the recent corporate scandals involving misbehavior among accountants, the integrity demanded of new accountants entering the profession today has increased a great deal.
The Role of Accountants.
As in every business, everyone deals with numbers. From balancing a checkbook, as used in everyday life, to making financial reports, to marketing strategies, everyone uses some form of accounting.