Saturday, October 5, 2019

Refelction and discussion Essay Example | Topics and Well Written Essays - 1250 words

Refelction and discussion - Essay Example While the major decisions and the exercise of accounting prerogatives are performed by the senior accountant, I learnt a lot about the demands of the profession by performing the regular or routine work such as executing the trial balance of the statement of financial condition or reconciling the sales balances for the month. Aside from helping in the preparation of the financial statements for the firm, I occasionally was asked to do some tasks that had to do with the individual projects which the construction firm was involved in. It happens to be a much more difficult accounting for projects rather than for the company in its entirety because projects have a budget that was drawn pursuant to the terms of the contract, and the interpretation of accounts, allocation of expenses, and reconciliation of records and activities pertaining to the project can be difficult while the project is in progress. For a short while I was assigned to other sections to gain a better grasp of the acco unting procedures involved in those areas. While the stay in each section was brief and the work I was asked to perform was only routine, my brief exposure nevertheless added to my appreciation of the manner in which the job was done and the significance of the function of the section in the overall department. There are a number of skills I developed in the course of the program, the most of important of which is the set of people skills which I needed to deal with my superiors, co-workers and team mates, and with the clients who would consult occasionally concerning the progress of the projects. I also dealt on a regular basis with staff from the other departments, coordinating with counterparts in procurement, engineering, and marketing. From this I discovered that the organisation is more than just a rigid structure that governs people. An organisation is a dynamic set of relationships among its members who interact with one another to successfully achieve the organisationâ€⠄¢s strategic goal. As mentioned, I worked under the supervision of a senior accountant. She has been in the profession for several years and with the construction company for almost the same duration. From her, I had learnt that because of the specialised knowledge which our profession implies, we are held to a higher standard of ethics than most other workers in the organisation. This is because we, as accounting and finance professionals, are relied upon by all major stakeholders who deal with the organisation, such as the management, shareholders or business owners, the government and regulators. I learnt in school that the position of an accountant or financier is imbued with trust, but it was only during the internship that I came to realise what this actually means in practice, and it is such a profound responsibility. There are other things about which I had been taught in school, but had only come to fully appreciate during the internship. I had gained a greater self-confid ence during the program and began to trust my abilities and my decisions in addressing the tasks of my job. I learnt to face clients with a greater sense of self-assuredness by understanding that the service was all about satisfying their needs in the most convenient way possible for them. I also learnt the value of team work, particularly where

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