Accounting: Skills and Talents

Accounting offers superb career opportunities in many different contexts. The field is normally divided into three broad areas: auditing, financial/tax and management accounting. The skills required in these areas differ as follows:

Skills Audit A/c. m.a.f.a.

People skills Medium Medium Medium
Sales skills Medium Medium Low
Communicat Medium Medium High
Analy. skills High Very High High
Creative Low Medium Medium
Initiative Medium Medium Medium
Computer High High Very High
Work hrs. 40-70 40-70 40-50
per week
Replies (7)
Accounting is very team-oriented. You will usually start as a junior member of a team responsible for auditing an important account or preparing financial statements. It is important then that you enjoy working as part of a team and that you learn to do so in your education.
You've Got to Surf Waves of Innovation The field of accounting has seen constant technological and intellectual innovation in recent decades. Firms are implementing new electronic systems for submitting and preparing financial statements. And ways of tracking costs have improved with the introduction of techniques such as activitity-based costing.
Cultivate Your Network It's important to have a good network of business contacts in consulting as you progress. New business development becomes part of your job. As your classmates rise in their respective business areas it is important to stay in touch with them as they may become your future customers.
You are doing good job, very good job, and the best job..!!
Thanks Sir
great job

Which Skill Sets needs to be developed in a relatively fresh CA, CS or an MBA Finance for the Purpose of :

Cost Auditing, Scrutiny of Invoice scrolling & processing, Various Payment procedures involving national & foriegn banks & financial institutions.

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