A. job Desk of Accountant Accountant Job is about prepare balance sheets, profit and loss statements and other financial reports. Responsibilities also include analyzing trends, costs, revenues, financial commitments and obligations incurred to predict future revenues and expenses. Reports organization′s finances to management and offers suggestions about resource utilization, tax strategies and assumptions underlying budget forecasts.But other than that usually an accountant has the following responsibilities: 1. Prepare asset, liability and capital account entries by compiling and analyzing account information 2. Document financial transactions by entering account information 3. Recommend financial actions by analyzing accounting options 4. Summarize current financial status by collecting information; preparing balance sheet, profit and loss statement and other reports 5. Substantiate financial transactions by auditing documents 6. Maintain accounting controls by preparing and recommending policies and procedures 7. Guide accounting clerical staff by coordinating activities and answering questions 8. Reconcile financial discrepancies by collecting and analyzing account information 9. Secure financial information by completing database backups 10. Verify, allocate, post and reconcile transactions 11. Produce error-free accounting reports and present their results 12. Analyze financial information and summarise financial status 13. Provide technical support and advice on management 14. Review and recommend modifications to accounting systems and procedures 15. Participate in financial standards setting and in forecast process 16. Provide input into department′s goal setting process 17. Prepare financial statements and produce budget according to schedule 18. Direct internal and external audits to ensure compliance 19. Plan, assign and review staff′s work 20. Support month-end and year-end close process 21. Develop and document business processes and accounting policies to maintain and strengthen internal controls 22. ommunicate effectively with clients 23. Contribute to a strong client relationship through positive interactions with client personnel 24. Communicate with Manager and/or Director on work status and client issues that arise B. Accountants in The Future Will Look Like Being an accountant is the desire of many people. The accountant profession has been around for a long time to help manage the finances of a company. With the development of the times, many professional fields are lost because they are replaced by technology. What about the accountant profession in the future?Accountants in the future will be very developed. And these developments, include: ➢ The future of the sector, because accounting has been heavily impacted by technology over the past decade or so. The future of the sector will continue to be shaped by the technologies that have developed and which continue to evolve. Such as accounting software. ➢ The end of human interaction, because humans will always have a part to play in the future of accounting. Innovation constantly looking for more efficient ways to manage accounting processes and outcomes, there is just no subtitute for human insight and interaction once you reach a certain point. ➢ Full Automation, because in the future the industry is likely to move to full automation of function such as payroll, audits, and banking. Artificial intelligence plus automation will make it possible for those in the accountancy profession to access a wider range of data from a greater number of sources in real time to improve services and identify opportunities for growth. ➢ Converting data into actionable insight, because some of the more repetitive manual processes may be taken out of human hands, the most innovative in the accounting sector will be able to build value adding services based on areas where there is the greates need. And the data will be key to identifying those areas where there is the most potential. ➢ Cloud accounting software is to stay, because cloud based software as a service applications are multiplying in number and offer significant benefits that are difficult to match and take up is already substantial. It′s likely that in the near future cloud accounting software, as well as the market for integrated applications developing arount it, is likely to be the norm in the accounting world. C. Skill That Must To Be Successful in This Profession Being an accountant is not just calculating numbers, but there are abilities that must be possessed by an accountant to support the profession.In order for us to become a professional accountant, we must have the following skills: 1. Thorough knowledge of basic accounting procedures and principles 2. Awareness of business trends 3. Experience with creating financial statements 4. Experience with general ledger functions and the month-end/year end close process 5. Excellent accounting software user and administration skills 6. Accuracy and attention to detail 7. Aptitude for numbers and quantitative skills 8. Bachelor′s Degree in appropriate field of study or equivalent work experience 9. Intermediate understanding of accounting and reporting standards, gaining experience in researching as it relates to accounting issues In addition to skills regarding accountants, a professional accountant must also have skills in the form of abilities such as the following: 1. Innovation, because as the business world evolves, so too does the accounting requirements that go with it 2. Understanding, because that’s to field in which you will be working and being understanding quickly is essential and it is through asking well thought out question that you can get settled in no time 3. Communication, because accountants need to convey complex information in the most straightforward way possible. 4. Commercial Awareness, is in essence the knowledge of how and where your business fits in the market – how it is affected by economic, social and political movements and how it can forge ahead and evolve. It is about knowing the craft. 5. Enthusiasm, because is a key component that recruiters will look for. The ability to bring positive energy to a team and truly believe in what you are working towards is crucial and it demonstrates that you are willing to learn your trade. 6. Initiative, because it proves that you can work on your own, that you are an independent thinker and in turn, will lead to you being trusted with more resposibility 7. Credibility, because this is the currency that you can trade on and with more credibility comes more opportunity 8. Resilience, because the ability to work towards tight deadlines, juggle multiple clients’ need and remain positive through tough challenges is a skill that will hold you in good stead throughout your career and to keep a cool head and put trust in your skillset 9. Stability, because it is important to build a solid foundation early on in your career with changing finance and accounting jobs every year can be a disadvantage as employers will be looking for good CV stability and a carees that has progressed well. 10. International Work Experience, because many commercial businesses are concentrating on the next phase of their organisational growth and mor often than not, this is linked to overseas trade D. Preparing To Be Successful at This Job Being a professional accountant is not easy, because you must have the ability and good preparation to be successful in that profession.Before we become a professional accountant, there are several things that must be prepared before becoming an accountant, such as: 1. Earn the right degree, because most accountants attend college and earn a bachelor′s degree. A bachelor′s degree in accounting or a related field is considered the minimun education requirement for those who plan to become a CPA. The normal bachelor′s degree in subjects such as financial reporting, taxes, auditing, and other non – accounting business areas. Accounting degree programs are very popular and commonly available at colleges and universities, usually prospective students should always confirm that a program is fully accredited before beginning a course of study. 2. Pick a specialty, because virtually all accountants and CPAs specialize in one or more areas of practice. The two general areas of specialization are public accounting and corporate or business accounting. A number of sub-specializations also exist, such as environmental accounting, internal auditing, managerial accounting and taxes. Often, the specialty you select coincides with the accounting degree you earned. 3. Decide between accountant and CPA, because there is difference between an accountant and a Certified Public Accountant. Accountants are typically individuals hired to work in the accounting departments of businesses, but lack several of the qualification of a CPA. While, CPA must meet a number of specific requirements, including earning a college degree, passing all parts of the CPA exam, and working for a set number of hours under the supervision of an actively licensed CPA. 4. Pass CPA exam, because all states require CPA candidates to pass all four parts of the CPA exam, those parts are : Audits and Attestation; Financial Accounting and Reporting; Regulation; and Business Environment and Concepts. Candidates may take the test parts in any order they choose, but once they have passed one part, they must successfully complete the other three parts within 18 months. 5. Land an entry level job, because before graduate we should get an accounting internship or find another way to get some experience to pump up the resume. Take the necessary steps to create a resume and sign up for a career-focused social media platform. Check school′s job listings, watch out for networking opportunities, and visit both local and national job search sites. 6. Look for continuing education opportunities, because earning a certification in an accounting specialization or master′s degree in accounting could help boost career climbing, and if you haven′t earned your CPA, it′s something you may want to look at down the road.