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How To Become a good Accountant? 2020 Tips

The career of an accountant is attractive and interesting because it is represented in all forms of business as well in all segments of the economy. Accountants may be employed by an accounting agency, companies with internal accounting departments, non-governmental organizations, etc. So, how to become (and remain) a good accountant?

What Do We Need to Know?

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Accounting is one of the most important items of any business and must be invested in. Being an accountant brings both care and responsibility – but it also demonstrates the ability to solve even the most complicated problems and show imagination in solving them. Therefore, you can consider this job is very stimulating.

Hiring An Accountant

Owners of some smaller businesses often choose to run the books themselves instead of hiring an accountant. This is especially common in cases where you work in a “one person firm”. However, this is not always the right decision, as having an accountant gives you some additional security and professionalism. However, if you believe your business is going to grow and you have plans to expand your business –  it may be better to invest in someone who would immediately set your bookkeeping to good foundations.

Who Is An Accountant And What’s His Job?

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An accountant is a professional who records and records all financial transactions that occur in a single business organization. It performs functions such as controlling and analyzing financial statements. The accountant keeps an eye on the records that can be proven to have already occurred – not what could happen in the near or far future. They may find their place within accounting offices or big enterprises with inner bookkeeping offices. They can also build up their private practices, etc. The accountant offices should be confirmed by national expert associations as proof they fulfill some of the requested requirements.

How To Get Work Experience?

Formerly a job was sought by filling out an application form, writing a CV, sending it to a potential employer and then waiting. Today, things are a little different. By the time you apply for a job, you should already have some contact with the company, or staff in the HR department, to know how the company works and how it performs in the market. The better you master practical knowledge in your profession, as well as in business communication – you will have a better impression on the job interview. The fact that you just graduated from college cannot be an excuse for the lack of skills and contacts you can only acquire through practice. Opportunities exist, but they require your effort.

Vocational Training And Internships

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One of the possibilities that we can solve the problem of gaining work experience and practical knowledge at the very beginning of an accountant’s career is – vocational training and accounting internships. No matter how good a student you were or how much effort you put into your education – you couldn’t learn the technical skills that an accountant needs on the internet and in the professional literature.

Therefore, gaining internships with the support of an experienced team is extremely important. If you’re interested in having an internship in accounting, click here and find out more about where and how you can do it. Getting acquainted with working in the accounting software your agency gave at your disposal can set you apart from those who are just like you – still looking for a job. There are certainly other knowledge and skills required in this profession, and you can only acquire them through practice. This type of in-service training will greatly help you to gain permanent employment.

The Career Of An Accountant

The ideal opportunity for any potential accountant is to have an internship at an accounting agency that has a large number of different jobs, clients and an even greater number of different requirements. So many varied practices cannot be found elsewhere. And more importantly – there is so much knowledge in just one place. In addition to various jobs for clients from small businesses, corporations, NGOs, or freelancers – continuous learning is one of the privileges of building an accountant career at a private firm. Do you know why does an ordinary accountant becomes an expert after work in an accounting agency?

The business of NGOs, small companies that import or export products, the business of freelancers operating in their home country and selling their services elsewhere – are major challenges. If you also consider the tax legislation – it will become clear why after years of working at the agency you will become an expert.

Ethics In Accounting Business

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Ethics is one of the important segments of everyday work, whether you work in an accounting agency or a corporation. Ethics is primarily a moral choice when preparing, presenting, and disclosing financial information. The fact that accounting ethics is not just a theory is also indicated by the fact that the lack of it can have serious consequences, such as imprisonment, financial penalty, suspension from work, etc. There is pressure from several sides.

Clients want the best possible presentation, regardless of the actual situation, because the liquidity of the company affects their reputation, getting jobs or getting a loan. On the other hand, there is pressure from the public over the need for transparent and responsible behavior in society. That is why, in addition to knowing ethical standards, it is also necessary to have professional integrity to withstand the pressures and influences that become stronger as clients get “bigger”.

The Image Of The Profession In Public

To pursue a career in accounting means to constantly and tirelessly learn and invest in your knowledge and skills. Some knowledge is acquired quickly and easily, and some require time and experience. Regardless of all your endeavors – many will find you to be annoying or old-fashioned people who wear exclusively sweaters in the office. Still, that is an overcome stereotype. Accounting has become a modern profession where constant education and training are imperatives, and people in this profession are breaking stereotypes and changing perceptions.

About Stefania Trtica

Stefania Trtica

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