Why are you interested in a career in accounting and finance?
Discuss Your Motivation and Passion for Accounting
"I've always been captivated by numbers and the precision that surrounds them. Accounting allows me to work in a realm where every detail matters, and I find that incredibly fulfilling. As an accountant, I can organize complex financial data and aid companies in making well-informed decisions."
Stable career
Since companies rely on accountants to compile financial records, pay bills and send invoices, this field has remained stable over the years. You can likely enjoy job security throughout your career path, from starting as a clerk to moving into management roles.
1. The skills you'll learn. You'll learn loads of new transferrable and subject-specific skills on a degree in accounting or finance. Some of the transferrable skills you'll learn include communication, critical thinking, data analysis, decision making and problem solving.
“I chose accounting as a career because it allows me to combine my passion for helping people with my analytical skills. I believe that by providing accurate financial information and insights, I can contribute to a team making informed decisions, ultimately aiding them in achieving our goals.
- Excellent graduate prospects. ...
- The world needs accountants. ...
- You could work in any industry. ...
- Internationally diverse cohort. ...
- Joint honours. ...
- Real-life application. ...
- Year-abroad opportunities.
Look for answers that show a positive attitude and enthusiasm for the job. Sample Answer: I really enjoyed working with the team on our annual financial reports. I was able to use my accounting skills to help the business make better decisions about their finances.
The field of finance offers more career choices but also less predictability. In some cases, careers in finance might offer higher pay. Careers in accounting can offer more predictable and stable work but less pay in many cases.
I decided to major in accounting because of my logical thinking: I am going to college because I want to have a job, companies will always need people to handle their finances and will pay good money for someone to do so, so I am pursuing a major in a field that is in high demand and will most likely be in high demand ...
You get to spend your time helping people
It could be the perfect career. Accountants help their clients all day long, especially ones who work for an accountancy practice. We think helping people solve their problems and achieve their business goals is a pretty rewarding way to spend your time.
What do you love most about your accounting job?
Accountants help their clients better manage their businesses and become more profitable, and they help them to save money and make better decisions. Within accounting, there are many opportunities to truly help people and make a positive impact on their lives, which is extremely rewarding. Work-life balance.
I believe that working in your company would give me the opportunity to refine my skills, learn from experienced professionals, and contribute to delivering exceptional experiences to customers. I am excited about the possibility of being part of a team that consistently strives for excellence.
The three major areas of accounting are financial accounting, management accounting, and tax accounting. Financial accounting focuses on the preparation and reporting of financial statements. This information is used to assess an entity's financial position and performance.
Data found in the balance sheet, the income statement, and the cash flow statement is used to calculate important financial ratios that provide insight on the company's financial performance and potential issues that may need to be addressed.
- Past experience. It's important to demonstrate how you used prior academic or professional experiences to establish detailed knowledge of the accounting industry. ...
- Accurate sentences. ...
- Extracurricular interests. ...
- Contextual awareness.
- You Shine Behind the Scenes. ...
- You're Detail-Oriented. ...
- You Can Think of Money as Numbers. ...
- You're Tech-Savvy. ...
- You Have a Strong Work Ethic. ...
- You Value Personal and Professional Integrity. ...
- You Have Great Communication Skills. ...
- You're a Team Player.
- Let your CV tell the story. ...
- Do your financial homework. ...
- Prepare for accounting interview questions. ...
- Show off your communication and consultation skills. ...
- Demonstrate your enthusiasm for the role.
First, provide a basic introduction of yourself. Then you can bring in your experience in the field. You can talk about your years of experience working as an accountant for a specific industry and which areas of accounting were your primary focus areas.
You don't need to be a math whiz to be an accountant. Your not going to use Algebra or Calculus to do the job. Attention to detail and being meticulous are more important. Software these days takes care of a lot of the mistakes done years ago on paper.
Accounting deals with record-keeping and reporting decisions for your company's finances. Finance helps to analyze all the data to make important decisions about how best to direct the organization.
Who should major in accounting?
Whether you have aspirations to work at top leadership levels in an organization or start your own business, an accounting degree provides a general business core and deep expertise in financial regulations, responsibility and reporting.
For instance, you might explain that your skill development makes the challenges and analysis of financial data interesting and exciting. You might also describe specific challenges that required you to rely on a specific skill like applying mathematical formulas to help solve a problem.
I want to become an accountant. I believe I will enjoy doing this job in the future as I have always been interested in working with numbers. More importantly, I like to help people be successful in their finances. Successful people help the community and I want to be a part of that process.
Try to honestly assess your attitude toward pressure and heavy workloads. If you don't stress easily or don't mind being a little high-strung, working as an accountant might suit you. If you know you're easily frazzled, it's possible that an accounting career won't be the best fit.
- Repetitive work: ...
- Working Overtime: ...
- Competition: ...
- Focus under pressure: ...
- Continuous Learning: ...
- Detail-oriented: ...
- Steady growth and not ballistic: ...
- Non-Negotiable deadlines: