Saturday, December 6, 2014

Accounting Framework

Audience Profile

The individuals who will likely find the most interest in my posts will be those seeking to enter the field of business, specifically accounting. Most pre-accounting majors have a moderate proficiency towards numbers and analytics. There is a greater than no probably that they succeeded, if not excelled, at mathematics in high school and their general studies. Most of these types of individuals tend to be more left-brained, focusing heavily on logic and reason and not as much on creativity and innovation. After securing a place in the School of Accountancy, every student is exposed to courses that teach to the importance of adequate professional communication. Furthermore, throughout several of the courses reviews of recent accounting history are covered to further the understanding of current practices. As accounting students’ progress in their studies, they will receive exposure to a variety of public accounting firms and industry oriented corporations – most of which recruit eagerly. Between their junior and senior year most will engage in internships with the companies they hope to work for after graduation.

Context

Accounting students need to prepare for the rigors of their future profession, especially those going into public accounting. Especially in public accounting, the accounting environment has significantly more stress than people might naturally think. Accountants are responsible for managing the life of blood of every corporation – money. Most entrepreneurs fail in starting their businesses because they do not understand the importance of accounting. They think that it is something that just makes sense or can be felt out. More often than not, it takes a great deal of understanding accounting principles to make a business succeed. It is imperative that students understand the source of the accounting general principles. Memorizing account rules and guidelines will provide an insufficient knowledge base to perform successfully in a specific field. Codes cannot guide every decision and understanding the logic and the history behind the current codes will help every accountant adjust to the uniqueness of his or her situation. Additionally, some managers foolhardily ignore accountants. Part of the blames lies with the accountants who do not communicate very well. Communications that are awkward, unfriendly or overly lengthy will, regardless of their importance, be must more difficult to hear. To be successful, accountants must understand the history of their field and how to communicate successfully within it.

Rhetoric

Accountants must rely mostly on heavily on epideictic patterns of communication. It cannot not be overstated how important it is to ensure that all arguments are based on facts or very feasible postulations in order to persuade successfully. Furthermore, an accountant must master the skill of articulating an argument. Managers and coworkers will not give much more weight to the argument that is articulated well. Articulation indicates sophistication. People in the business world will always be more inclined to listen to someone who sounds like they know what they are talking about. If an accountant will attach strong, fact-based logic to articulation, he or she will become extremely persuasive.

History

As mention previously, history helps accountants understand why certain laws were made. All of the most significant regulations based in recent accounting history have been passed in response to some significant event. Most regulations come into existence because someone somewhere exploited somebody (or organization) with ethical business practices. The accounting codification helps accountants navigate black and white decisions, but the history of the regulations will ensure successful navigation of the more frequent and costly gray decisions.

Development Plan


I think my post on history in accounting and the one on style and delivery in accounting say most of what I think is important to express. Frankly one of the biggest concerns with recruiters from BYU’s accounting program is that the graduates communicate poorly. I really want to focus on the communication aspect of this assignment because that would give the most benefit to accounting students. Most of the students are already extremely intelligent and well instructed in the history of accounting, more importantly they lack people skills. I think a well-written explanation of the paramount importance of pleasant, polished communication will provide the most positive impact for the most likely readers.

2 comments:

  1. One topic that you mentioned seems particularly important for communication in your field. That is ethics. An accountant can gain a lot of credibility by showing he or she is ethical in all of their decisions. This can help them build trust by developing their ethos.

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  2. Wow!! What a nice article on Accounting Framework!! You know I have a great interest in Accounting. I am planning to start my own accounting firm. For my help I am seeking some professional person like my professor Dr. Aloke Ghosh.

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