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" A Successful Certified Public Accountant"

I. INTRODUCTION

What do you usually picture in your mind when you hear the word ABM? Many teenagers said
that it is Accountancy, Business and Management. Did you all know that if business did not
exist. We will can not encounter SM, Gaisano, 7 Eleven and etc. Can you imagine that?

Many people think of accounting as a back office function, a necessity that businesses simply
cannot avoid. The reality is that accounting information is the lifeblood of all business
management decisions. Without accountants, various stakeholders would not be able to
assess the financial condition of a business. Managers would have no basis for the constant
choices they confront. They would not be able to evaluate past events or current policies.
Organizations would be unable to comply with taxation regulations. This crucial business
function is quite broad and offers many exciting career opportunities.

II. TRUE TO LIFE STORY CPA Story by Melissa Mei Sumilong


BS Accountancy. Actually, this is not my first choice, but I just took it because it's a great place
to go to school where I went. At first, I thought it was easy and I was happy when I read my
Accounting subjects. But when our accounting subjects grew in the third year, there was a
pressure on me. It is difficult to synchronize the lesson of 4 or 5 major subjects in one semester,
and what is worse is 0-based all, 80% is required passing percentage in our school and you do
not know how much adjustment the professor will do for many passes. There are times when
the major subjects reach a unit of 18 units or 21 units that require a lot of hours of study plus
many other requirements. Because of that, I've really tried to use my time to adjust my grades
and to help at home even through my scholarship, but it's hard to avoid being foolish. Because
of cramming, it is time to understand that my quality of understanding of major subjects has
been another short-term memory. I think that I will also understand the topics in the future,
maybe before boarding, extra effort and just praying. After graduation, just a few months
before the board exam, I felt I was trying hard undergrad but I did not really prepare for the
exam Even so I did not lose hope. I believed in one of my favorite verse: For the Lord gives
wisdom; from His mouth come knowledge and understanding; Proverbs 2: 6. This is one of my
motivations. I studied for the exam, and at the same time I also prayed and read the Bible.
Reading the Bible is really good, because the Word of God can give you not only knowledge and
understanding but also wisdom. During the review I was basically reading books and review
materials and avoided listening to the class. At times I doubled the attendance of a topic to
different reviewees so I could understand something. And in the examination day, there are
very poor items actually. There is a time when I was calculating, I was praying so I can able to
pass a paper. When the result came out I saw my name on the list of passers. Fulfilling, because
the years you've spent have earned. Melissa passed the CPA exam last October 2016 and
graduated from a graduate of De La Salle Lipa.

What I can say to the next batches is to pray always, you can start praying today. Pray before
studying, thank God at the time he gave your knowledge and trust Him. Pray also before the
exam and always thank Him for helping you. 'Do not forget to thank your school and professors
who taught you. There may be times when you are struggling because of them but they are the
ones who implore you to exert more accounting efforts. Also thank the people who prayed and
supported you. They play a big role in your success. Next is, study well. Study as many as you
can. It is difficult to finish all the books and review materials, so understand the basic concepts
and pray for the exit board exam. And another advice is to sleep well. Do not deprive yourself
of sleep. Cool also, rest your brain cells. Productive also every hour has a few minutes of rest.
Hope to help that. God bless future CPAs. Hope you'll make it.
III. SIX BENEFITS BECOMING AN ACCOUNTANT

1. Accountants have a better understanding of finances After years of studying the art of money,
accountants have gained the type of knowledge most people would pay for. They earn
knowledge in various areas like in micro and macroeconomics, business and tax law, banking
and finances, management, entrepreneurial and so on. Having these skills can also be applied
toward life skills in general.

2. The demand for accountants Accounting is all about managing money! It is the driving the
force of our economy. Therefore, the demands for accountants are ranking high. Every business
needs an accountants , and everyone needs accounting. So it is safe to assume that the
demands for accountants will be significant for the upcoming years, and fresh graduates of
accounting will not be at risk in finding their lifetime jobs.

3. Opportunity for Advancement With the right kind of networking connections and a wide
knowledge of accounting there is a possibility that an entry-level accountant can increase
his/her salary within a year’s time. One will be able to obtain a job as a Budget Analyst,
Auditor, Controller, Tax Accountant, Payroll Clerk, CPA, and even a CFO.

4. The Pay range for Accountants is often Generous Because of the nature of the profession,
accountants typically begin their careers at a generous salary. However, salary may depend,
whether the company is privately owned, public, or operated by the government.
5. The ability to start your own business In this profession it is not uncommon to become
entrepreneurs. After years on-the-job experience when an accountant has developed a
sufficient amount of contacts they may feel more comfortable on their own business. Whether
it’s consulting or specializing in taxes, options are endless when it comes to financial affairs.
And even as a self-employed they will be able to earn a great deal of income.

6. Have a better understanding of tax laws A professional who calls themselves an accountant
does acquire knowledge when it comes to tax. Paying taxes are a requirement enforces by law
for citizens to follow. So getting an education that teaches these laws is most beneficial.

IV. RESPONSIBILITIES OF BEING ACCOUNTANT

Accountant Job Responsibilities:

*Provides financial information to management by researching and analyzing


accounting data; preparing reports. Accountant Job Duties:

Accountant Job Duties:

*Prepares asset, liability, and capital account entries by compiling and analyzing
account information.

*Documents financial transactions by entering account information.

*Recommends financial actions by analyzing accounting options.

*Summarizes current financial status by collecting information; preparing balance sheet,


profit and loss statement, and other reports.

*Substantiates financial transactions by auditing documents.

*Maintains accounting controls by preparing and recommending policies and


procedures.

*Guides accounting clerical staff by coordinating activities and answering questions.

*Reconciles financial discrepancies by collecting and analyzing account information.

*Secures financial information by completing data base backups.

*Maintains financial security by following internal controls

*Prepares payments by verifying documentation, and requesting disbursements.


*Answers accounting procedure questions by researching and interpreting accounting
policy and regulations.

*Complies with federal, state, and local financial legal requirements by studying existing
and new legislation, enforcing adherence to requirements, and advising management
on needed actions.

*Prepares special financial reports by collecting, analyzing, and summarizing account


information and trends.

*Maintains customer confidence and protects operations by keeping financial


information confidential.

Maintains professional and technical knowledge by attending educational workshops;


reviewing professional publications; establishing personal networks; participating in
professional societies. Accomplishes the result by performing the duty. Contributes to
team effort by accomplishing related results as needed.

V. CONCLUSION

There were many people saying that " Don't get the course ABM, it was too difficult"
Unfortunately, they are the one who's doing pitiful for themselves. Why?! Because,
instead of hardworking, hardships, and doing the best for themselves, they aren't doing
this, they don't have trust on their selves that they can do this. After all sacrifices, and
difficulties I'd faced. I still can do it, can make the journal balance, on what entry to do
with debit and credit side. Hence, being an accountant I've really desired for was not
easy, but I thank God for giving this opportunities to inspired other people who's in
conflict. Also, we can't achieve our dreams without hardships, just like the Accounts
Receivable- we should record it to the debit side and not credit. Therefor, it will not
going to be underestimate.