Thursday 31 October 2013

THE ACCOUNTANT'S CAREER


CAREER DESCRIPTION


An accountant is a person who practices accounting as a profession. Accountancy therefore is the process of communicating financial information about business organisation to users of such information in the form of financial statements.  An accountant has also been defined as a person who has undergone a formal or professional training in the process of accounting and belongs to at least one of the recognized professional accountancy bodies such as ACCA. The accountant that records the financial transactions of a business organisation is known as the Financial Accountant. He analyses financial information and presents reports to the users of the information such as shareholders, tax authorities and creditors. Other types of accountants include cost accountant, management accountant, tax accountant and auditors.



SKILLS REQUIREMENT


v  Numerical competency (comfort-ability with numbers)

v  Communication skills

v  Team player (Ability to work well with others)

v  Interpersonal skills

v  Problem solving skills

v  Computer skills

v  Commitment and motivation

v  Reporting skill

v  Attention to details

v  Business awareness (Ability to know what is happening in the business environment)

v  Professionalism

TRAINING REQUIREMENT


Educational training options include

v  Studying accounting in a polytechnic

v  Studying accounting in a university

Being a member of at least a recognized professional accountancy bodies is required. Examples include ACCA, ICAN, ICAEW etc.


 

EMPLOYMENT OPPORTUNITIES



There is practically no limit to the job openings for an accountant. Virtually all organisations need at least one accountant. Accountants work in a diverse roles and industries. Examples include but not limited to banks, insurance companies, manufacturing industries, firms of chartered accountants and government agencies. A qualified Accountant can also establish own accounting firm.
DOWNLOAD FREE BOOK ON ACCOUNTING BASICS HERE

Monday 28 October 2013

CAREER CHOICE AND TRAINING REQUIREMENT


THE TRAINING REQUIREMENT FACTOR

Training is the acquisition of knowledge, skills and competencies as a result of the teaching of vocational or practical skills and knowledge that relate to specific useful competencies. As it is of great importance to be meticulous in the choice of a career so also must there be consideration for the training requirement for such career. The training paths are unique for every career. For instance, an Accountant’s training requirement might include studying Accountancy in a Polytechnic or University and being a member of at least one of the recognized professional Accountancy bodies.
Depending on the career, training period can range from few months to few years and this also takes various forms such as apprenticeship, universities, polytechnics etc. More about training, click here.

Saturday 26 October 2013

THE IMPACT OF LABOUR MARKET ON CAREER CHOICE.


Labour market has been defined as the nominal market in which workers find paying work, employers find willing workers, and wage rates are determined. The scope of labour markets include markets includes local, national and international. It functions through the interaction of workers and employers. Workers are the suppliers of labour services while employers are the demands of labour services.
How does career comes in here? Every career is associated with a particular labour market based on skills, training, wages, talents and other factors. One tends to choose a career with a promising labour market growth.  However, care must be taken here not to overlook a great career just because its labour market is not promising. Get more about labour market HERE.

Sunday 20 October 2013

PERSONALITY TYPE AND CAREER CHOICE



The choice of a vocation is an expression of personality” – Psychologist John L Holland.

Personality, according to Microsoft Encarta, is a deeply ingrained and relatively enduring pattern of thought, feeling and behavior. It is what is unique about a person that makes him/her different from others. The trio of thoughts, emotions and behaviors do not constitute personality as such but they are dispositions in a personality type.


There is no doubt that the pattern of a man’s thoughts, emotions/feelings and behaviors can be a deciding factor in his choice of career among other factors such as values, interest and abilities(talents).

There are different personality types among which are Holland codes or Holland Occupational themes developed by Psychologist John L Holland. The personalities are Realistic (doers), Investigative (thinkers), Artistic (creators), Social (helpers), Entertaining (persuaders), and Conventional (organisers) – RIASEC(According to the first letters of the personalities). For more click here

Sunday 6 October 2013

CAREER LIST ACCORDING TO FIELDS


You can climb up


SOCIAL AND MANAGEMENT SCIENCE RELATED COURSES/CAREERS
1.       ACCOUNTANTS
2.       BANKING CAREER
3.       ACTUARIAL SCIENCE
4.       BUSINESS ADMINISTRATION
5.       ECONOMIST
6.       MARKETING
7.       INSURANCE
8.       PUBLIC ADMINISTRATION
9.       DEMOGRAPHERS
10.   GEOGRAPHERS
11.   LIBRARIAN
12.   PSYCHOLOGIST
13.   SOCIOLOGIST
14.   INDUSTRIAL  AND LABOUR RELATION SPECIALISTS

ARTS AND HUMANITIES RELATED COURSES/CAREERS
1.       POLITICAL SCIENCE
2.       ISLAMIC STUDIES
3.       ARCHAEOLOGISTS
4.       CLASSICAL STUDIES
5.       CHRISTIAN RELIGIOUS KNOWLEDGE/STUDIES
6.       ARTIST CAREER
7.       ACTING CAREER
8.       HISTORIAN
9.       INTERNATIONAL RELATION
10.   TRANSLATORS AND INTERPRETERS
11.   LINGUISTICS
12.   MASS COMMUNICATION
13.   MUSICIAN
14.   PHILOSOPHER
15.   LAWYER
16.   LANGUAGES

 PURE, BIOLOGICAL AND MEDICAL SCIENCES RELATED COURSES/CAREERS
1.       ANATOMISTS
2.       BIOCHEMISTS
3.       DENTISTS
4.       NURSE
5.       MEDICAL REHABILITATION
6.       MEDICINE AND SURGERY
7.       OPTOMETRISTS
8.       PROSTHESIS AND ORTHOPEDIC TECHNOLOGY
9.       MEDICAL LABORATORY SCIENTIST
10.   PHARMACISTS
11.   PHYSIOLOGISTS
12.   PHARMACOLOGISTS
13.   PHYSIOTHERAPISTS
14.   RADIOGRAPHERS
15.   PHYSICIST
16.   MATHEMATICIANS
17.   CHEMISTS
18.   GEOLOGISTS
19.   STATISTICIAN
20.   BOTANIST
21.   ZOOLOGIST
22.   MICROBIOLOGIST
23.   PARASITOLOGIST
24.   ENTOMOLOGIST
25.   COMPUTER SCIENTIST
26.   BIOLOGIST
27.   ARTIFICIAL INTELLIGENCE SPECIALIST
28.   OCEANOGRAPHER
29.   INDUSTRIAL MATHEMATICIAN
30.   INDUSTRIAL CHEMISTRY
31.   GEOPHYSICS

AGRICULTURAL RELATED COURSES/CAREERS
1.       AGRICULTURIST
2.       AGRICULTURAL ECONOMICS AND EXTENSION
3.       AGRONOMIST
4.       ANIMAL BREEDING AND GENETICS
5.       ANIMAL PHYSIOLOGY
6.       SOIL SCIENTIST
7.       FISHERIES AND AQUACULTURE
8.       FOOD SCIENTIST AND TECHNOLOGISTS
9.       FORESTRY AND WILDLIFE
10.   PLANT BREEDING AND SEED TECHNOLOGY
11.   HORTICULTURIST
12.   NUTRITION AND DIETETICS
13.   PLANT PHYSIOLOGY
14.   VETERINARIAN

ENGINEERING/TECHNOLOGY RELATED COURSES/CAREERS
1.       AGRICULTURAL ENGINEER
2.       BUILDING TECHNOLOGIST
3.       CHEMICAL ENGINEER
4.       CIVIL ENGINEER
5.       COMPUTER ENGINEER
6.       PETROLEUM ENGINEER
7.       ELECTRICAL/ELECTRONIC ENGINEERS
8.       MECHANICAL ENGINEERS
9.       METALLURGICAL AND MATERIAL ENGINEERING
10.   MARINE ENGINEERS
11.   MINING ENGINEERS
12.   ARCHITECT
13.   NAVAL ARCHITECTURE
14.   QUANTITY SURVEYOR
15.   PROJECT MANAGEMENT TECHNOLOGY
16.   URBAN AND REGIONAL PLANNER
17.   METEOROLOGIST
18.   INDUSTRIAL DESIGNER
19.   AERONAUTICAL ENGINEERS
20.   PRINTING TECHNOLOGY
21.   FASHION DESIGN AND CLOTHING TECHNOLOGY
22.   WELDING AND FABRICATION ENGINEERING
23.   CERAMIC TECHNOLOGY
24.   LEATHER TECHNOLOGY
25.   POLYMER AND TEXTILE ENGINEERS

THE TEACHING CAREER AND OTHER CAREERS/COURSES
1.       THE TEACHING CAREER
2.       SPORT SCIENCE
3.       POLICE AND DETECTIVES
4.       PHOTOGRAPHERS
5.       PILOTS
6.       SAILORS

There are numerous careers a student or any one whatsoever can choose from depending on the factors that surrounds the choice of such career. In subsequent posts, attempts will be made to describe the above-listed  careers/courses of study in terms of descriptions, skills and personality requirements, training requirements and employment opportunities. Relevant links will be provided to ensure better understanding.