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Archive for July, 2009

A Career In Accounting

Author: admin
07 5th, 2009

Accounting is the study of how businesses track their income and assets over time. Accountants do much more than the generic presumptions; they compute costs and efficiency gains from new technologies, participating in strategies for mergers and acquisitions, quality management, developing and using information systems to track financial performance, tax strategy, and health care benefits management.

The career is a highly momentous and versatile. The field is usually divided into three broad areas: auditing, financial/tax and management accounting. Audit: Work in audit involves checking accounting ledgers and financial statements within corporations and government.

Budget Analysis:
Budget analysts are responsible for developing and managing an organization’s financial plan.

Financial:
Financial accountants prepare financial statements based on general ledgers and participate in important financial decisions involving mergers and acquisitions, benefits/ERISA planning and long-term financial projections.

Management Accounting:
Management accountants work in companies and participate in decisions about capital budgeting and line of business analysis.

Tax:
Tax accountants prepare corporate and personal income tax statements and develop tax strategies involving issues such as financial choice, how to best treat a merger or acquisition, deferral of taxes, when to expense items and the like.

Various levels of skill are apportioned dissimilarly amongst the divisions which implies that depending on your position their will be specific demands on your adeptness, while average
speaking skills are requisites for all areas; the ability to synthesize varies from throughout each. Audit accounting requires a medium level of skill, tax and financial demands a low level of skill, and Management accounting a high level of proficiency.

Entry level accountants can expect a very team oriented environment. Often they will start as a junior member of a team responsible for auditing an important account or preparing financial statements. It is imperative that junior members learn to pull their weight, and function as a capable, effective, and useful member of the unit. Anyone interested in the field can prepare for a bright career.

According to the bureau of labor statistics their have been considerable increases in job openings, reflective of the fields growth and competitiveness. With the right skills and education this growth establishes the possibility for an incredibly profitable career.

Top firms include KPMG/Peat Marwick, Ernst and Young, Deloitte and Touche, Arthur Anderson, Price WarterhouseCoopers, Grant Thornton, BDO Seidman, and McGladerly and Pullen. College graduates seeking entry level positions should consider employment with these firms. Most people do not make partner at public accounting firms but the experience and training can be excellent.

From there, many move on to careers with an accounting focus in business or government. Ambitious talented accountants can advance their career with the acquisition of skills and experience along the way and subsequently enjoy a very successful career.



07 4th, 2009

The draw towards this industry is the multimillion-dollar campaigns, and the glamour surrounding the promotion of products and the clients it represents. According to the Bureau of Labor Statistics ( http://www.bls.gov/ ), non-supervisory workers in advertising and public relations services made $633 a week on average in 2004. Companies in the advertising and public relations industry arrange advertisements for other companies and organizations and propose campaigns to encourage the interests and image of their clients. This industry also includes media representatives, radio, television, and the Internet. It also includes display ads, direct mail, billboards and other tangible media. The demand for educated advertising professionals is on the rise as technological advances give advertisers more options for the media on which they advertise.

You can earn an a advertising degree at public and private colleges and universities, as well dedicated technical schools that offer career specific programs. Specialty schools often offer two-year degree or certificate programs in advertising. Traditional four-year college and university programs offer advertising programs within other majors such as communications, business or art programs. Most people starting out in an advertising career will be required to hold a bachelor’s degree with a liberal arts background. Bachelor’s degrees are not required for entry-level positions in the creative department. Assistant art directors, for example usually need at least a 2-year degree from an art or design school. Although assistant copywriters do not need a degree, obtaining one helps to develop the superior communication skills and abilities required for this job. Entry-level positions in the industry include account management, media coordinator, or market research. Internships, in conjunction with your education, will help you get a job when you graduate. Completion of an internship is often a necessary requirement for many advertising firms. In addition to an internship, course work in marketing, design, statistics and accounting can help get you ready for employment in this field.



07 2nd, 2009

Chronic stress over a period of time may make you feel totally helpless and unable to cope up with demands of life. This can cause burn out. When in a job, you feel that you are overburdened, and under appreciated, that the demands of the job are increasing and despite all your efforts you are not able to manage the work and get blames for not performing, stress becomes chronic and one loses interest in work and many other activities in life. This is burn out. Absolute helplessness is experienced during burn out and one finds that one can simply not continue.

Burn out can not only cause mental problems such as depression but also affect you physically. Body slowly gives in under the stress and this creates a vicious circle. What can be done if you are facing burn out? First of all, one must know that one is facing burn out. Constant irritation, depression, feelings of helplessness etc. can give a hint to what is happening. Along with that body may give signs such as headache, fatigue etc. Consult a medical professional about your body symptoms and discuss about burn out. once you know that you are facing burn out, it become easier to fight it.

The first need is to preserve yourself. If the job demand does not reduce, talk to your superiors about that. Reduce work load and redesign goals so that stress reduces. Begin socializing more and relax as much as possible. Begin going in natural surroundings and talk with friends and colleagues about your situation. Their togetherness in this condition will be vital to fight burn out.

Sometimes, we find it difficult to say no, and keep taking more responsibilities because we don’t want to make any body feel bad. In the process, we develop frustration and despite all our effort are not able to satisfy anyone. This causes more irritation and stress, and ultimately one begins feeling hopeless about everything. Unappreciated and misunderstood. If you are such a kind of person, watch for the signs of burn out carefully.



07 1st, 2009

If you are looking for a job in the UK, whether as a foreigner wishing to relocate, or as a British national, you may find yourself faced with having to fill in a job application form.

What is the difference between an application form and a CV?

When designing your CV, you can choose the layout and, more importantly, what to include and what not to include. For example, if you have been working for more than 10 years, it is common to include only the last 10 years experience on a CV, or if you have changed career, to include only the experience and training relevant to the post for which you are applying. However, in the interests of equal opportunities, a job application form requires every applicant to fill in all of their work and educational experience.

In addition, you will usually be asked to fill in a large blank sheet of paper sometimes referred to as the supporting statement. The directions at the top of this page will ask you to explain why you are suitable for the job. In other words, you must produce a detailed piece of writing selling yourself to the company. This is something which causes panic in many applicants and unfortunately the formula for writing this isn’t taught at school or university.

However, there is a standard approach to writing the supporting statement. First of all, read all the instructions. As well as the information at the top of each page, you will be sent guidelines on how to complete the form. You should read these very carefully and make sure that you follow them exactly. Some companies will ask you to set out the information in a precise way, such as using specific headings, whereas others will allow you to use your own format.

In the latter case, you should use the job description as your guide. Take each of the points in turn and write a short paragraph highlighting your experience in this area. You should use examples, rather than just saying that you have excellent communication skills. Where possible, use figures to illustrate your achievements, such as “increased sales by 25% in my first month”.  Use bullets and strong, active verbs to give your application punch.

Write your supporting statement on a separate piece of paper first. Be sure to edit and proofread and when you are satisfied, write it on a photocopy of the original to make sure it will fit. In some cases, you are permitted to add an extra sheet, but only do this if absolutely necessary, that is, if you can’t abbreviate your statement and the additional information is crucial to the application. If you find you have only a few extra lines, go back and cut out anything unnecessary. Remember, employers are busy and don’t want to read pages and pages of information – unless it is highly relevant. Your task is to show them, as concisely as possible, that you are suitable for the job and that you should be on the interview shortlist.