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