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One way is to join a professional association. A good
professional association can offer networking opportunities
and specific programs, allowing members to meet peers and talk
about common
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challenges in the industry. Membership is also beneficial in
that many professional accounting organizations offer
discounts on CPE classes, which is important for career
advancement. Lastly, you should consider becoming a member
of the AICPA.
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The profession has become even more regulated. Transparency
has influenced the financial reporting process and expanded
public expectations of accuracy. Many companies have become
required by law to publish financial statements, reducing
uncertainty in the market.
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The new professional accounting code also mentions the
principle of moral courage. The word integrity encapsulates
this notion, but courage is more ambiguous. Courage can mean
having the strength to speak out against wrongdoing despite
being threatened with dismissal.
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While a professional accountant will need to have a solid
understanding of the basic functions of a business, they must
also be highly computer literate to use the latest accounting
software and other computer tools. Additionally, they should
possess analytical skills.
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Much of the job of an accountant is collecting financial data.
The analysis of this data is crucial to identifying issues and
patterns. Applying data analytics to accounting is an emerging
trend. If you are interested in working in this industry, this
career can help you to advance in your career.