Open post 2 Expectation for staff accountant

Expectation for a staff accountant

When you are an entry level accountant, you have certain expectations to follow by and are expected to keep track of time in meetings, so that the meetings can proceed in a timely manner. “Staff accountants" keep a written record of their time, usually in 15 minute increments” (Phillips and Crain). It helps the company to know how much time to bill the clients for time spent on the project.

You should know how to properly use a ten-key calculator because staff accountants frequently use a ten-key calculator.” (Phillips and Crain)  It is part of your daily job description because you use it for everything from tax return, to planning and reporting. A ten key calculator increases efficiencies when having to key a certain amount of numerical numbers. 

“Staff accountants are expected to participate actively in community service/ organizations."  Giving back to the community is important to the firm because it gives them a good reputation, and everyone is encouraged to do community service

 Reference Page

Phillps, Carl R., and John L. Crain. " Job Duties and Responsibilities in Public Accounting"

Education Training: 21-26. Print.

"Bing." Accountant Expectations. Web. 02 Mar. 2016. <http://www.bing.com/images/search?q=accountant expectations>.

Prompt 2

Accountant’s ethics

“The miss of international federations of accountants (IFAC) is a worldwide development and enhancement of consistently high quality in the public interest. In pursuing this mission, IFAC board established an ethics committee to develop and issue high quality, ethical standards and others pronouncements for personal accountants for use around the world. NBAA is member of IFAC hence may apply, agreed standards. “

                                                                                                                                                                                                   

Ethics of accounting

1. Integrity
2. Objectivity
3. Professional Competence
4. Confidentiality

1. Integrity - being honest, fair, trustworthy, and free from conflict. People believe that accountants should be honest in all professional and business relationships.
2. Objectivity- careful use of protracted procedures and test to arrive to a conclusion. People think that accountants shouldn’t compromise their professional or business judgement because of bias, conflict of interest.
3. Professional Competence- To maintain professional knowledge and skills at the level required to ensure that clients or employee receive competent professional service. People believe accountants should have high standards of general education.
4. Confidentiality – disclose outside the firm or employing organization, confidential information acquired as a result of professional and business relationship without proper and specific authority. People think professionals shouldn’t share personal information with anyone.

   

The ethic of the field of an accountant field is similar to mine. I believe as a person I should always have integrity. It’s important to be honest and fair throughout life and it helps gain people trust.   Gaining people trust is important in the professional world and in your personal life. It’s important, because it helps build friendships and give you more creditability.  

Open Post 1 Busy Season

 Busy Season

Accountants usually work Monday - Friday 8-10 hours a day, 45-50 hours a week. These hours can be altered depending on what season it is. The most busiest season for public clients generally last from January to April; for government clients, July through August. When working during a time that is very busy, you could work up to 20 hours a day, which will bring along longer work days.                                                                                                                                              

Reference Page

Alba, Jason, and Manisha Bathija. Vault Career Guide to Accounting. New York: Vault, 2002. Print




" Accounting Busy Season. Web. 02 Mar. 2016. http://www.bing.com/images/search?q=accounting busy season.